VCSEL Market Forecasting Healthy CAGR of 17.5% in 2024 with Top Organizations over Globe Like Mitel Networks Corporation, Alero Technology, Inc., Truelight Corporation

A vertical cavity surface emitting laser (VCSEL) is a semiconductor based laser diode which transmits an exceedingly optical beam vertically from its upper surface. It can be applied at precision sensing, laser printers, data communication, precision sensing and many more.

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Pune, India -- (SBWire) -- 06/20/2018 --Global VCSEL Market By Material (GAAS, GAN, INP) Type (Single Mode, Multimode) Application (Data Communication, Infrared Illumination, Pumping, Sensing, Industrial Heating, Emerging Application, Atomic Clocks, GPS, Magnetometer) End User (Data Centers, Automotive, Consumer Electronics, Healthcare, Industrial) – Industry Trends and Forecast to 2024

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Report Analysis:

The Global VCSEL Market accounted for USD 954.8 million in 2016 and is projected to grow at a CAGR of 17.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Top Companies Mentioned:

- Finisar Corporation
- Princeton Optronics
- IQE PLC
- Koninklijke Philips N.V.
- VERTILAS GmbH
- Lumentum Operations LLC
- Vixar Inc.
- SANTEC CORPORATION
- Broadcom
- II-VI Incorporated
- Mitel Networks Corporation
- Infineon Technologies AG
- Alero Technology, Inc.
- Truelight Corporation
- Sumitomo Electric Industries Ltd.
- Among others.

Competitive Landscape:

The global VCSEL market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

Report Drivers and Restraints:

- Increase in the usage in infrared illumination, data communication
- Growing demand for laser based hard disc drives
- More power efficient and greater accuracy
- Restricted data transmission range

This report consists of below pages:

- No of pages: 350
- No of Figures: 60
- No of Tables: 220

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Report Segmentation:

On the basis of material, global VCSEL market is segmented into:

- Gallium Asrsenide (GAAS)
- Gallium Nitride (GAN)
- Indium Phosphide (INP)
- Other

On the basis application, global VCSEL market is segmented into:

- Data Communication
- Infrared Illumination
- Pumping
- Sensing
- Industrial Heating
- Emerging Application
- Atomic Clocks
- GPS
- Magnetometer

Infrared illumination is sub segmented into:

- Camera.

Whereas, cameras are further sub segmented into:

- 3d Camera And Security
- Surveillance Camera

Sensing is sub segmented into:

- Optical Sensor
- Interference Sensor

Optical sensor is further sub segmented into:

- Reflective Sensor
- Scattering Sensor

Emerging application is further sub segmented into:

- Display
- High-Power Application

On the basis of end user, global VCSEL market is segmented into:

- Data Centers
- Automotive
- Consumer Electronics
- Healthcare And Industrial

On the basis of geography, the global VCSEL market report covers data points for 28 countries across multiple geographies such as,

- North America
- South America
- Europe
- Asia-Pacific
- Middle East and Africa

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Frequently Asked Questions:

- What will the market size be in 2024?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2024?
- Which strategies are used by top players in the Global VCSEL Market?

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