The Asia Pacific VCSEL Market should witness market growth of 13.5% CAGR during the forecast period (2022-2028).
In standard VCSELs, the top and lower mirrors are doped with p-type and n-type materials, thereby generating a diode junction. The p- and n-type zones may be implanted between the mirrors in more intricate patterns, requiring a more difficult semiconductor process to make electrical contact with the active region but removing electrical power loss in the DBR structure. In laboratory investigations of VCSELs utilizing new material systems, the active area may be pumped by an external source of shorter-wavelength light, typically another laser.
This enables the demonstration of a VCSEL without the difficulty of attaining high electrical performance; however, such devices are impractical for most applications. Wafers comprised of gallium arsenide (GaAs) and aluminum gallium arsenide (AlxGa(1-x)As) are frequently used to fabricate VCSELs for wavelengths between 650 nm and 1300 nm.
The GaAs-AlGaAs combination produces VCSELs because the lattice constant of the material does not fluctuate much as the composition is altered, allowing several 'lattice-matched'epitaxial layers to be formed on a GaAs substrate. However, the refractive index of AlGaAs varies quite enormously as the Al fraction increases, reducing the number of layers necessary to construct an efficient Bragg mirror compared to other possible material systems. In addition, at high aluminum concentrations, AlGaAs can create an oxide that can control the current in a VCSEL, hence permitting shallow threshold currents.
The Chinese government willexpedite the establishment of pioneer and pillar industries in the sector and encourage the growth of new-generation audio-visual technology and the virtual reality industry. In addition, efforts will be made to boost the upgrading of content, computing, storage, and display industrial chains, among others. From 1.3% to 3.6% between 2012-2019, India's share in the electronic systems manufacturing industry has grown. Electronics System Design and Manufacturing (ESDM) is considered the world's fastest-growing industry andcontinues to alter lives, businesses, and economies.The constant growth of the consumer electronics industry will ensure the broader adoption of VCSEL in the industry, aiding the market's growth.
The China market dominated the Asia Pacific VCSEL Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $271.2 million by 2028. The Japan market is estimated to grow a CAGR of 12.8% during (2022-2028). Additionally, The India market would experience a CAGR of 14.2% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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.
In standard VCSELs, the top and lower mirrors are doped with p-type and n-type materials, thereby generating a diode junction. The p- and n-type zones may be implanted between the mirrors in more intricate patterns, requiring a more difficult semiconductor process to make electrical contact with the active region but removing electrical power loss in the DBR structure. In laboratory investigations of VCSELs utilizing new material systems, the active area may be pumped by an external source of shorter-wavelength light, typically another laser.
This enables the demonstration of a VCSEL without the difficulty of attaining high electrical performance; however, such devices are impractical for most applications. Wafers comprised of gallium arsenide (GaAs) and aluminum gallium arsenide (AlxGa(1-x)As) are frequently used to fabricate VCSELs for wavelengths between 650 nm and 1300 nm.
The GaAs-AlGaAs combination produces VCSELs because the lattice constant of the material does not fluctuate much as the composition is altered, allowing several 'lattice-matched'epitaxial layers to be formed on a GaAs substrate. However, the refractive index of AlGaAs varies quite enormously as the Al fraction increases, reducing the number of layers necessary to construct an efficient Bragg mirror compared to other possible material systems. In addition, at high aluminum concentrations, AlGaAs can create an oxide that can control the current in a VCSEL, hence permitting shallow threshold currents.
The Chinese government willexpedite the establishment of pioneer and pillar industries in the sector and encourage the growth of new-generation audio-visual technology and the virtual reality industry. In addition, efforts will be made to boost the upgrading of content, computing, storage, and display industrial chains, among others. From 1.3% to 3.6% between 2012-2019, India's share in the electronic systems manufacturing industry has grown. Electronics System Design and Manufacturing (ESDM) is considered the world's fastest-growing industry andcontinues to alter lives, businesses, and economies.The constant growth of the consumer electronics industry will ensure the broader adoption of VCSEL in the industry, aiding the market's growth.
The China market dominated the Asia Pacific VCSEL Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $271.2 million by 2028. The Japan market is estimated to grow a CAGR of 12.8% during (2022-2028). Additionally, The India market would experience a CAGR of 14.2% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific VCSEL Market, by Type
1.4.2 Asia Pacific VCSEL Market, by Wavelength
1.4.3 Asia Pacific VCSEL Market, by Application
1.4.4 Asia Pacific VCSEL Market, by Data Rate
1.4.5 Asia Pacific VCSEL Market, by Material
1.4.6 Asia Pacific VCSEL Market, by Industry
1.4.7 Asia Pacific 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. Asia Pacific VCSEL Market by Type
4.1 Asia Pacific Multimode Market by Country
4.2 Asia Pacific Single mode Market by Country
Chapter 5. Asia Pacific VCSEL Market by Wavelength
5.1 Asia Pacific Near Infrared (NIR) Market by Country
5.2 Asia Pacific Shortwave Infrared (SWIR) Market by Country
5.3 Asia Pacific Red Market by Country
Chapter 6. Asia Pacific VCSEL Market by Application
6.1 Asia Pacific Sensing Market by Country
6.2 Asia Pacific Data Communication Market by Country
6.3 Asia Pacific Industrial Heating & Laser Printing Market by Country
6.4 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific VCSEL Market by Data Rate
7.1 Asia Pacific 10.1 to 25 Gbps Market by Country
7.2 Asia Pacific Up to 10 Gbps Market by Country
7.3 Asia Pacific Above 25 Gbps Market by Country
Chapter 8. Asia Pacific VCSEL Market by Material
8.1 Asia Pacific Gallium Arsenide (GaAs) Market by Country
8.2 Asia Pacific Indium Phosphide (InP) & Others Market by Country
Chapter 9. Asia Pacific VCSEL Market by Industry
9.1 Asia Pacific Consumer Electronics Market by Country
9.2 Asia Pacific Data Center Market by Country
9.3 Asia Pacific Commercial & Industrial Market by Country
9.4 Asia Pacific Automotive Market by Country
9.5 Asia Pacific Healthcare Market by Country
9.6 Asia Pacific Military Market by Country
Chapter 10. Asia Pacific VCSEL Market by Country
10.1 China VCSEL Market
10.1.1 China VCSEL Market by Type
10.1.2 China VCSEL Market by Wavelength
10.1.3 China VCSEL Market by Application
10.1.4 China VCSEL Market by Data Rate
10.1.5 China VCSEL Market by Material
10.1.6 China VCSEL Market by Industry
10.2 Japan VCSEL Market
10.2.1 Japan VCSEL Market by Type
10.2.2 Japan VCSEL Market by Wavelength
10.2.3 Japan VCSEL Market by Application
10.2.4 Japan VCSEL Market by Data Rate
10.2.5 Japan VCSEL Market by Material
10.2.6 Japan VCSEL Market by Industry
10.3 India VCSEL Market
10.3.1 India VCSEL Market by Type
10.3.2 India VCSEL Market by Wavelength
10.3.3 India VCSEL Market by Application
10.3.4 India VCSEL Market by Data Rate
10.3.5 India VCSEL Market by Material
10.3.6 India VCSEL Market by Industry
10.4 South Korea VCSEL Market
10.4.1 South Korea VCSEL Market by Type
10.4.2 South Korea VCSEL Market by Wavelength
10.4.3 South Korea VCSEL Market by Application
10.4.4 South Korea VCSEL Market by Data Rate
10.4.5 South Korea VCSEL Market by Material
10.4.6 South Korea VCSEL Market by Industry
10.5 Singapore VCSEL Market
10.5.1 Singapore VCSEL Market by Type
10.5.2 Singapore VCSEL Market by Wavelength
10.5.3 Singapore VCSEL Market by Application
10.5.4 Singapore VCSEL Market by Data Rate
10.5.5 Singapore VCSEL Market by Material
10.5.6 Singapore VCSEL Market by Industry
10.6 Malaysia VCSEL Market
10.6.1 Malaysia VCSEL Market by Type
10.6.2 Malaysia VCSEL Market by Wavelength
10.6.3 Malaysia VCSEL Market by Application
10.6.4 Malaysia VCSEL Market by Data Rate
10.6.5 Malaysia VCSEL Market by Material
10.6.6 Malaysia VCSEL Market by Industry
10.7 Rest of Asia Pacific VCSEL Market
10.7.1 Rest of Asia Pacific VCSEL Market by Type
10.7.2 Rest of Asia Pacific VCSEL Market by Wavelength
10.7.3 Rest of Asia Pacific VCSEL Market by Application
10.7.4 Rest of Asia Pacific VCSEL Market by Data Rate
10.7.5 Rest of Asia Pacific VCSEL Market by Material
10.7.6 Rest of Asia Pacific 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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