slide 1: VCSELS Market Size Share Trends
Growth and Demand Forecast to 2022
The global vertical cavity surface emitting laser VCSELs market is
expected to grow at a CAGR of 21.9 during 2016 – 2022. Among the
various types the gallium arsenide segment held the largest share in the
global VCSELs market in 2015.
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The advantages associated with VCSELs over conventional diodes are
driving the growth of the global VCSELs market. The other drivers for the
market include availability of cost-effective VCSELs and their rapid
deployment for high volume applications.
VCSELs offer reliability high precision and efficiency in optical sensors
based on scattering transmission absorption self-mixing reflection
interference and others. For instance VCSELs are universal in
applications using reflective sensors and scattering or imaging techniques
to perceive objects or moving objects. Greater precision has increased the
adoption of VCSELs in medical applications such as medical diagnostics
and therapeutics optical nerve stimulation computed radiography imaging.
Multi-element VCSEL arrays offers around 1 W of CW optical power low
facet power density while providing high wallplug efficiency. Owing to this
various applications including LiDAR aerospace night vision illumination
and line-of-sight communication links operating at 3 Gbps and higher have
observed increase in demand of VCSELs. Proximity is measured by
transmitting light and sensing reflections from nearby objects. Superior
power efficiency over LEDs has increase the adoption of VCSELs in
proximity sensing applications which is further fueling the growth of the
market.
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VCSELs have broad applications in bar code sensors POF based home
networking atomic clock technology and datacomm industry. The growth
in these verticals is attributed to unique characteristic of VCSELs such as
high speed and low cost compared to LEDs. With significant lower cost
slide 2: portability high speed power savings chip scale atomic clocks CSAC
can be introduced to extensive series of innovative applications.
VCSELs have been used extensively in the datacomm industry owing to
their high speed supporting capabilities such as 10/40/100 Gbps Ethernet
16 Gbps FC data infrastructure links thus boosting the growth of the
market. Newer applications including chip-to-chip and board-to-board
interfaces where density data rates and power limits are major constraints
are deploying VCSELs which is consequently fuelling the demand of
VCSEL market. With increasing demand for high speed data network the
demand of VCSELs in-turn is expected to continue during the forecast
period.
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Some of the key companies operating in the global VCSELs market include
Alight Technologies A/S Avago Technologies Finisar Corporation Phillips
Photonics Litrax Technology Co. Ltd. Sumitomo Electric Industries Ltd.
PD-LD Inc. OECA Optoelectronics Component and Applications GmbH
and Sacher Lasertechnik GmbH.