Sarasota, FL, Dec. 09, 2016 (GLOBE NEWSWIRE) -- Zion Research has published a new report titled “VCSEL Market by Application (Data Communication, Industrial Heating, Infrared Illumination, Pumping and Sensing) for Data Centers, Consumer Electronics, Automotive, Industrial, Healthcare and Others End Users: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 - 2021” . According to the report, the global VCSEL market accounted for around USD 760.00 million in 2015 and is expected to reach USD 2,414.91million by 2021, growing at a CAGR of around 21.3% between 2016 and 2021.
Vertical-Cavity Surface-Emitting Lasers (VCSELs) are a relatively latest type of semiconductor lasers. VCSEL has gained a reputation as a superior technology for short reach applications such as infrared illumination, fiber channel and intra-systems links and automotive. VCSELs became the technology of choice for short range datacom, local area networks, and effectiveness as displacing edge-emitter lasers. The use of VCSEL was mainly due to the VCSEL’s lower manufacturing costs and higher reliability compared to edge-emitters.
Browse through 13 Market Tables and 25 Figures spread over 110 Pages and in-depth TOC on “Global VCSEL Market: By Application, End-Use, Size, Share, Industry Analysis and Forecast 2015-2021”.
Request free Sample copy of VCSEL Market Report @ https://www.zionmarketresearch.com/sample/vcsel-market
Advancement in automotive electronics, growing number of data centers and increasing demand from high-end applications such as gesture recognition and 3D imaging are some of the major driving factors expected to propel the growth of VCSEL market in coming years. Ongoing technological advancement enables to use VCSEL in huge amount in infrared illumination. Increasing demand of cloud computing solution is expected to surge the growth of VCSEL market in near future. However, restriction to short-distance communication due to the limited range of VCSEL is expected to have the adverse impact on VCSEL market. Nonetheless, technology like laser-assisted hard disk drive is expected to open up new growth opportunities for VCSEL market in coming years.
Data communication was leading application segment with over 57% of share in 2015, and expected to maintain its dominance throughout the forecast period owing to the construction of new data centers for data analytics coupled with cloud computing solutions. Sensing application segment is expected to exhibit high growth in China market. The technological advancement of VCSEL & greater use in infrared illumination is expected to fuel demand for infrared illumination in coming years.
Browse the full " VCSEL Market by Application (Data Communication, Industrial Heating, Infrared Illumination, Pumping and Sensing) for Data Centers, Consumer Electronics, Automotive, Industrial, Healthcare and Others End Users: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021 " report at https://www.zionmarketresearch.com/report/vcsel-market
Based on application, data center and automotive end user segment are expected to be most attractive end-user segment in the forecast period. Automotive end user segment is expected to grow at the highest CAGR of 25.11% during the forecast period. Rising demand of VCSEL in consumer electronics is expected to boost the growth of consumer electronics application segment.
North America was the largest market for VCSEL in 2015 and expected to continue its dominance throughout the forecast period. Europe is expected to show remarkable growth. This growth is mainly driven by rising use of VCSEL in consumer electronics. Asia Pacific is considered to be the fastest growing regional market for VCSEL, and growth of this region is mainly attributed to growing number of data center paired with significant growth of the automotive sector in China and India.
Inquire more about this report @ https://www.zionmarketresearch.com/inquiry/vcsel-market
Some of the key players in the VCSEL market are JDS Uniphase Corporation, Philips Photonics, Princeton Optronics, Inc., Avago Technologies, II-VI Incorporated, Vixar, Inc., and Ultra Communications, Inc. amongst others.
Request a customized copy of report @ https://www.zionmarketresearch.com/custom/492
This report segments the global VCSEL market are as follows:
Global VCSEL Market: Application Segment Analysis
- Data Communication
- Industrial Heating
- Infrared Illumination
- Pumping
- Sensing
Global VCSEL Market: End User Segment Analysis
- Data Centers
- Consumer Electronics
- Automotive
- Industrial
- Healthcare
- Others
Global VCSEL Market: Regional Segment Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East and Africa
Related Reports:
- Augmented Reality (AR) Market: https://www.zionmarketresearch.com/report/aug...ity-market
- Agriculture Drone Market: https://www.zionmarketresearch.com/report/agr...one-market
- Printed Electronics Market: https://www.zionmarketresearch.com/report/pri...ics-market
- Advanced Analytics Market: https://www.zionmarketresearch.com/report/adv...ics-market
- Land Mobile Radio (LMR) System Market: https://www.zionmarketresearch.com/report/lan...tem-market
- Encryption Software Market: https://www.zionmarketresearch.com/report/enc...are-market
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Follow Us LinkedIn: https://www.linkedin.com/company/zion-market-research
Follow Us Twitter: https://twitter.com/zion_research
Contact Us: Joel John 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States Tel: +49-322 210 92714 USA/Canada Toll-Free No.1-855-465-4651 Email: sales@zionmarketresearch.com Website: https://www.zionmarketresearch.com/
