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Global Vertical Cavity Surface Emitting Laser Market

  • 4100.00 Dollar US$
  • Published date: March 11, 2019
    • Pune, Maharashtra, India [ Ads Views - 4 ]
  • Call : 9607195908

Global Vertical Cavity Surface Emitting Laser Market (VCSELs) was valued US$1.175 Bn in 2017 and is anticipated to reach US$7.847 Bn by 2026 at a CAGR of about 23.5 % during a forecast.

The report on “Vertical Cavity Surface Emitting Laser (VCSELs)” is segmented by raw materials, by application, and by region. Based on raw materials vertical cavity surface emitting laser (VCSELs) market is divided into gallium nitride (GaN), gallium arsenide (GaAs), and indium phosphide (InP).

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Based on application vertical cavity surface emitting laser (VCSELs) market is bifurcated into optical fiber data transmission, absorption spectroscopy, analog broadband signal transmission, computer mice, laser printers, biological tissue analysis, and chip scale atomic clocks. Regionally into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Vertical cavity surface emitting lasers (VCSEL) is more precisely laser diodes which are semiconductor lasers with monolithic laser resonator. Vertical cavity surface emitting lasers (VCSEL) is majorly used over conventional counterparts.

These include high compatibility with other circuits and detectors, scalability, high reliability, packageability, and consumption of low power. An increasing rate of adoption of VCSELs in emerging applications, such as GPS, atomic clocks, magnetometers, and proximity sensing attributed high growth of the VCSELs Market.

This is a key advantage of vertical cavity surface emitting lasers (VCSELs) over edge-emitting lasers and helps in lowering significant production cost.
Gallium arsenide (GaAs) is dominating the vertical cavity surface emitting laser (VCSELs) Market. Gallium arsenide (GaAs) based VCSELs holds significant position and estimated to maintain the forecasting period. Indium phosphide (InP) is second most dominating the vertical cavity surface emitting laser (VCSELs) market with significant CAGR. The gallium nitride (GaN) based VCSELs have lack of conductivity which has limited growth in the forecasting period.

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