DUBLIN--(BUSINESS WIRE)--Aug 8, 2018--The "VCSEL Market by Material (GaAs, InP, GaN), Type (Single Mode and Multimode), Application (Data Communication, Sensing, IR Illumination, Pumping, Industrial Heating, and Emerging Applications), End User, and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The VCSEL market is expected to reach USD 3.89 billion by 2023 from USD 1.78 billion in 2018, at a CAGR of 16.9% from 2018 to 2023.

This growth can be attributed to the rising adoption of VCSELs in proximity sensing and medical applications, increasing use of VCSELs for data communication, growing usage of VCSELs in infrared illumination, and surge in demand for VCSELs with advancements in automotive electronics. However, limited data transmission range restricts the growth of the VCSEL market.

Research Coverage

Illustrative segmentation, analysis, and forecast for the market based on material, type, application, end user, and geography have been conducted to offer an overall view of the VCSEL market. Major drivers, restraints, opportunities, and challenges pertaining to the VCSEL market have been detailed in the report. Opportunities in the market have been defined for stakeholders, along with the details of the competitive landscape for market leaders. Strategic profiling of key players in the VCSEL market has been done; players have been ranked; and core competencies have been comprehensively analyzed.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 VCSEL Market, By Material

7 VCSEL Market, By Type

8 VCSEL Market, By Application

9 VCSEL Market, By End User

10 VCSEL Market, By Region

11 Competitive Landscape

12 Company Profiles

AMS Technologies Agiltron Alight Technologies Broadcom Coherent Finisar II-VI IQE Laser Components Litrax Technology Co. Lumentum Necsel Intellectual Property Neophotonics Newport Philips Photonics Santec TT Electronics Ultra Communications Vertilas Vixar

For more information about this report visit https://www.researchandmarkets.com/research/b6bfx9/3_8_bn_vcsel?w=4

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Related Topics:Semiconductor

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE SEMICONDUCTOR

SOURCE: Research and Markets

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PUB: 08/08/2018 07:24 AM/DISC: 08/08/2018 07:24 AM

http://www.businesswire.com/news/home/20180808005335/en