The Latin America, Middle East and Africa VCSEL Market should witness market growth of 15.5% CAGR during the forecast period (2022-2028).
VCSELs can be modulated with frequencies considerably above one gigahertz. This makes them useful as transmitters for optical fiber and communications in open space. 850-nm VCSELs are combined with multimode fibers for short-range communications. For example, a data rate of 10 Gbit/s can be achieved over a few hundred meters. Computer mice are an application field developed later but have earned a substantial share.
As itis essential for battery-powered devices, a laser mouse with a VCSEL light source can have precise tracking and low power consumption. With wavelength-tunable infrared VCSELs, another widespread use is gas sensing. These devices are constructed, for instance, as MEMS VCSELs with a separate output coupling mirror whose position may be modified by electrostatic forces, thermal expansion,or a piezoelectric element. In this area, VCSELs compete essentially with distributed feedback lasers (DFB lasers), but they offer a lower driving current, a more extensive tuning range, and a faster modulation speed.
Government commitment to the healthcare sector is one of the primary growth factors within the UAE's healthcare market, especially considering that public spending accounts for more than two-thirds of total healthcare expenditure. The government budget for 2022 allocates a total of $15.8 billion (AED 58.931 billion) for public spending, of which 8.4% is allocated to healthcare. This does not represent total government spending in the UAE (it excludes expenditures at the emirate level), but it is a reliable measure of the UAE's fiscal position. The UAE government aims to license virtual medical service providers and implement enhanced data monitoring systems for tracing COVID contacts in advance. This supports the growth of the regional market.
The Brazil market dominated the LAMEA VCSEL Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $49.4 million by 2028. The Argentina market is experiencing a CAGR of 16.1% during (2022-2028). Additionally, The UAE market would display a CAGR of 15.2% during (2022-2028).
Based on Type, the market is segmented into Multimode and Single mode. Based on Wavelength, the market is segmented into Near Infrared (NIR), Shortwave Infrared (SWIR) and Red. Based on Application, the market is segmented into Sensing, Data Communication, Industrial Heating & Laser Printing and Others. Based on Data Rate, the market is segmented into 10.1 to 25 Gbps, Up to 10 Gbps and Above 25 Gbps. Based on Material, the market is segmented into Gallium Arsenide (GaAs) and Indium Phosphide (InP) & Others. Based on Industry, the market is segmented into Consumer Electronics, Data Center, Commercial & Industrial, Automotive, Healthcare and Military. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include II-VI, Incorporated, Lumentum Holdings, Inc., ams-OSRAM AG, Broadcom, Inc., Leonardo SpA, MKS Instruments, Inc., TRUMPF GmbH + Co. KG, Santec Corporation, Vertilite Co., Ltd., and TT electronics PLC.
VCSELs can be modulated with frequencies considerably above one gigahertz. This makes them useful as transmitters for optical fiber and communications in open space. 850-nm VCSELs are combined with multimode fibers for short-range communications. For example, a data rate of 10 Gbit/s can be achieved over a few hundred meters. Computer mice are an application field developed later but have earned a substantial share.
As itis essential for battery-powered devices, a laser mouse with a VCSEL light source can have precise tracking and low power consumption. With wavelength-tunable infrared VCSELs, another widespread use is gas sensing. These devices are constructed, for instance, as MEMS VCSELs with a separate output coupling mirror whose position may be modified by electrostatic forces, thermal expansion,or a piezoelectric element. In this area, VCSELs compete essentially with distributed feedback lasers (DFB lasers), but they offer a lower driving current, a more extensive tuning range, and a faster modulation speed.
Government commitment to the healthcare sector is one of the primary growth factors within the UAE's healthcare market, especially considering that public spending accounts for more than two-thirds of total healthcare expenditure. The government budget for 2022 allocates a total of $15.8 billion (AED 58.931 billion) for public spending, of which 8.4% is allocated to healthcare. This does not represent total government spending in the UAE (it excludes expenditures at the emirate level), but it is a reliable measure of the UAE's fiscal position. The UAE government aims to license virtual medical service providers and implement enhanced data monitoring systems for tracing COVID contacts in advance. This supports the growth of the regional market.
The Brazil market dominated the LAMEA VCSEL Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $49.4 million by 2028. The Argentina market is experiencing a CAGR of 16.1% during (2022-2028). Additionally, The UAE market would display a CAGR of 15.2% during (2022-2028).
Based on Type, the market is segmented into Multimode and Single mode. Based on Wavelength, the market is segmented into Near Infrared (NIR), Shortwave Infrared (SWIR) and Red. Based on Application, the market is segmented into Sensing, Data Communication, Industrial Heating & Laser Printing and Others. Based on Data Rate, the market is segmented into 10.1 to 25 Gbps, Up to 10 Gbps and Above 25 Gbps. Based on Material, the market is segmented into Gallium Arsenide (GaAs) and Indium Phosphide (InP) & Others. Based on Industry, the market is segmented into Consumer Electronics, Data Center, Commercial & Industrial, Automotive, Healthcare and Military. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include II-VI, Incorporated, Lumentum Holdings, Inc., ams-OSRAM AG, Broadcom, Inc., Leonardo SpA, MKS Instruments, Inc., TRUMPF GmbH + Co. KG, Santec Corporation, Vertilite Co., Ltd., and TT electronics PLC.
Scope of the Study
By Type
- Multimode
- Single mode
By Wavelength
- Near Infrared (NIR)
- Shortwave Infrared (SWIR)
- Red
By Application
- Sensing
- Data Communication
- Industrial Heating & Laser Printing
- Others
By Data Rate
- 10.1 to 25 Gbps
- Up to 10 Gbps
- Above 25 Gbps
By Material
- Gallium Arsenide (GaAs)
- Indium Phosphide (InP) & Others
- Global VCSEL Market, by Industry
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- II-VI, Incorporated
- Lumentum Holdings, Inc.
- ams-OSRAM AG
- Broadcom, Inc.
- Leonardo SpA
- MKS Instruments, Inc.
- TRUMPF GmbH + Co. KG
- Santec Corporation
- Vertilite Co., Ltd.
- TT electronics PLC
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA VCSEL Market, by Type
1.4.2 LAMEA VCSEL Market, by Wavelength
1.4.3 LAMEA VCSEL Market, by Application
1.4.4 LAMEA VCSEL Market, by Data Rate
1.4.5 LAMEA VCSEL Market, by Material
1.4.6 LAMEA VCSEL Market, by Industry
1.4.7 LAMEA VCSEL Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Analyst's Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Feb - 2023, Jan) Leading Players
Chapter 4. LAMEA VCSEL Market by Type
4.1 LAMEA Multimode Market by Country
4.2 LAMEA Single mode Market by Country
Chapter 5. LAMEA VCSEL Market by Wavelength
5.1 LAMEA Near Infrared (NIR) Market by Country
5.2 LAMEA Shortwave Infrared (SWIR) Market by Country
5.3 LAMEA Red Market by Country
Chapter 6. LAMEA VCSEL Market by Application
6.1 LAMEA Sensing Market by Country
6.2 LAMEA Data Communication Market by Country
6.3 LAMEA Industrial Heating & Laser Printing Market by Country
6.4 LAMEA Others Market by Country
Chapter 7. LAMEA VCSEL Market by Data Rate
7.1 LAMEA 10.1 to 25 Gbps Market by Country
7.2 LAMEA Up to 10 Gbps Market by Country
7.3 LAMEA Above 25 Gbps Market by Country
Chapter 8. LAMEA VCSEL Market by Material
8.1 LAMEA Gallium Arsenide (GaAs) Market by Country
8.2 LAMEA Indium Phosphide (InP) & Others Market by Country
Chapter 9. LAMEA VCSEL Market by Industry
9.1 LAMEA Consumer Electronics Market by Country
9.2 LAMEA Data Center Market by Country
9.3 LAMEA Commercial & Industrial Market by Country
9.4 LAMEA Automotive Market by Country
9.5 LAMEA Healthcare Market by Country
9.6 LAMEA Military Market by Country
Chapter 10. LAMEA VCSEL Market by Country
10.1 Brazil VCSEL Market
10.1.1 Brazil VCSEL Market by Type
10.1.2 Brazil VCSEL Market by Wavelength
10.1.3 Brazil VCSEL Market by Application
10.1.4 Brazil VCSEL Market by Data Rate
10.1.5 Brazil VCSEL Market by Material
10.1.6 Brazil VCSEL Market by Industry
10.2 Argentina VCSEL Market
10.2.1 Argentina VCSEL Market by Type
10.2.2 Argentina VCSEL Market by Wavelength
10.2.3 Argentina VCSEL Market by Application
10.2.4 Argentina VCSEL Market by Data Rate
10.2.5 Argentina VCSEL Market by Material
10.2.6 Argentina VCSEL Market by Industry
10.3 UAE VCSEL Market
10.3.1 UAE VCSEL Market by Type
10.3.2 UAE VCSEL Market by Wavelength
10.3.3 UAE VCSEL Market by Application
10.3.4 UAE VCSEL Market by Data Rate
10.3.5 UAE VCSEL Market by Material
10.3.6 UAE VCSEL Market by Industry
10.4 Saudi Arabia VCSEL Market
10.4.1 Saudi Arabia VCSEL Market by Type
10.4.2 Saudi Arabia VCSEL Market by Wavelength
10.4.3 Saudi Arabia VCSEL Market by Application
10.4.4 Saudi Arabia VCSEL Market by Data Rate
10.4.5 Saudi Arabia VCSEL Market by Material
10.4.6 Saudi Arabia VCSEL Market by Industry
10.5 South Africa VCSEL Market
10.5.1 South Africa VCSEL Market by Type
10.5.2 South Africa VCSEL Market by Wavelength
10.5.3 South Africa VCSEL Market by Application
10.5.4 South Africa VCSEL Market by Data Rate
10.5.5 South Africa VCSEL Market by Material
10.5.6 South Africa VCSEL Market by Industry
10.6 Nigeria VCSEL Market
10.6.1 Nigeria VCSEL Market by Type
10.6.2 Nigeria VCSEL Market by Wavelength
10.6.3 Nigeria VCSEL Market by Application
10.6.4 Nigeria VCSEL Market by Data Rate
10.6.5 Nigeria VCSEL Market by Material
10.6.6 Nigeria VCSEL Market by Industry
10.7 Rest of LAMEA VCSEL Market
10.7.1 Rest of LAMEA VCSEL Market by Type
10.7.2 Rest of LAMEA VCSEL Market by Wavelength
10.7.3 Rest of LAMEA VCSEL Market by Application
10.7.4 Rest of LAMEA VCSEL Market by Data Rate
10.7.5 Rest of LAMEA VCSEL Market by Material
10.7.6 Rest of LAMEA VCSEL Market by Industry
Chapter 11. Company Profiles
11.1 Broadcom, Inc.
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expense
11.1.5 Recent strategies and developments:
11.1.5.1 Product Launches and Product Expansions:
11.1.6 SWOT Analysis
11.2 TRUMPF SE + Co. KG
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expenses
11.2.5 Recent strategies and developments:
11.2.5.1 Partnerships, Collaborations, and Agreements:
11.2.5.2 Product Launches and Product Expansions:
11.2.5.3 Acquisition and Mergers:
11.3 Lumentum Holdings, Inc.
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Research & Development Expense
11.3.5 Recent strategies and developments:
11.3.5.1 Partnerships, Collaborations, and Agreements:
11.3.5.2 Product Launches and Product Expansions:
11.3.5.3 Acquisition and Mergers:
11.4 ams-OSRAM AG
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expense
11.4.5 Recent strategies and developments:
11.4.5.1 Partnerships, Collaborations, and Agreements:
11.4.5.2 Product Launches and Product Expansions:
11.4.5.3 Acquisition and Mergers:
11.5 II-VI, Incorporated
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental and Regional Analysis
11.5.4 Research & Development Expense
11.5.5 Recent strategies and developments:
11.5.5.1 Product Launches and Product Expansions:
11.6 MKS Instruments, Inc.
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental and Regional Analysis
11.6.4 Research & Development Expenses
11.6.5 Recent strategies and developments:
11.6.5.1 Acquisition and Mergers:
11.7 Leonardo SpA
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Segmental and Regional Analysis
11.7.4 Research & Development Expense
11.8 TT Electronics PLC
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Regional & Segmental Analysis
11.8.4 Research & Development Expenses
11.9 Santec Corporation
11.9.1 Company Overview
11.9.2 Financial Analysis
11.10. Vertilite Co., Ltd.
11.10.1 Company Overview
11.10.2 Recent strategies and developments:
11.10.2.1 Partnerships, Collaborations, and Agreements:
Companies Mentioned
- II-VI, Incorporated
- Lumentum Holdings, Inc.
- ams-OSRAM AG
- Broadcom, Inc.
- Leonardo SpA
- MKS Instruments, Inc.
- TRUMPF GmbH + Co. KG
- Santec Corporation
- Vertilite Co., Ltd.
- TT electronics PLC
Methodology
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