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Vertical-Cavity Surface-Emitting Lasers (VCSEL): Technologies and Global Markets
NEW YORK, April 7, 2016 /PRNewswire/ -- This BCC Research report covers factors currently driving and restraining the growth of the market, as well as factors impacting the future of the industry. Forecast provided through 2020.
Use this report to:
Understand opportunities and innovation-driven VCSEL market highlights, and the major regions and countries involved in such developments.
Analyze the various applications of the VCSEL and market dynamics of each application.
Receive information about the key trends related to the applications, raw materials and colors (wavelength range) that shape and influence the photonic IC market.
Gain information about the major stakeholders in the market and the competitive landscape for market leaders.
Highlights
BCC Research estimates that the vertical-cavity surface-emitting lasers (VCSELs) market is expected to grow from $781.6 million in 2015 to $2.1 billion in 2020, a compound annual growth rate (CAGR) of 21.9% from 2015 through 2020.
Optical fiber data transmission, the largest segment of the global VCSELs market, reached a market value of $246.7 million in 2014 and should reach $618.2 million by 2020, with a CAGR of 20.2%.
Analog broadband signal transmission reached $93.7 million in 2015 and should reach $295.3 million in 2020, with a CAGR of 25.8%.
STUDY GOALS AND OBJECTIVES
This report is an ipact analysis of the vertical-cavity surface-emitting lasers (VCSEL) market. The report covers factors currently driving and restraining the growth of the market, as well as factors impacting the future of the industry.
The goals and objectives of the report include:
Understanding opportunities and innovation-driven VCSEL market highlights, and the major regions and countries involved in such developments.
Analysis of the various applications of the VCSEL and market dynamics of each application.
Identifying segments with high growth potential, as well as understanding future applications of given segments.
Key trends related to the applications, raw materials and colors (wavelength range) that shape and influence the photonic IC market.
Region-specific developments in the industry.
Analysis of the major stakeholders in the market and the competitive landscape for the market leaders.
Analysis of growth strategies by key players in the photonic IC market.
Analysis of patent positions where relevant.
REASONS FOR DOING THE STUDY
The use of VCSELs has increased in the optical communications industry in the past 15 years. Demand for VCSELs has increased in consumer electronics products and other high-end applications such as gesture recognition and 3-D imaging. Extensive R&D by companies and defense services worldwide in VCSELs has resulted in high-power conversion efficiency of 63.4% in the current year (worth mentioning considering that
other types of commercially available lasers have typical power conversion of 20% to 25%). Such developments and higher usage of VCSELs have spurred BCC Research to create this study.
Read the full report: http://www.reportlinker.com/p02212019-summary/view-report.html
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/vertical-cavity-surface-emitting-lasers-vcsel-technologies-and-global-markets-300248269.html
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