global the VCSEL market was valued at US$ 1.43 Bn in 2021. The growing use of VCSELs in 3D sensing applications ">

What are you searching for?

Press Release

4 Min read

Global VCSEL Market to Witness 20.2% CAGR during 2022 – 2030; A Report by Absolute Markets Insights

Published On 25 Apr 2022 04:12 PM


The global the VCSEL market was valued at US$ 1.43 Bn in 2021. The growing use of VCSELs in 3D sensing applications and VCSEL arrays by data centers are the primary factors boosting the growth of VCSEL market. Moreover, the increasing use of VCSELs in vehicle automation and 5G technology provides significant growth opportunities for VCSEL market participants. Improved initiatives by major companies to produce technologically advanced VCSEL devices are expected to further drive market growth. For instance, on 05 April 2022, TRUMPF Photonic Components, a multinational company of VCSEL and photodiode solutions, introduced new advanced VCSEL solutions to broaden its portfolio for 3D sensing in consumer and industrial applications. The new generation 940 nm VCSEL arrays enable breakthrough improvements in various functionalities while maintaining high-reliability performance, such as a long product lifetime over a wide temperature range. The new VCSEL generation produces better results in advanced optical applications such as proximity sensing, laser autofocus applications, and sensing under OLED displays. According to initial customer feedback, the new generation is also the ideal light source for advanced industrial and automotive time-of-flight applications.

Multi-mode Segment is expected to be the Fastest-Growing Segment over the Forecast Period 2022 - 2030

Data centres use multi-mode VCSELs for high-speed data transmission over short distances. Multi-mode VCSEL technology has the potential to support future in-house distribution networks by connecting various end-users; these factors are expected to drive the demand for VCSEL market. Due to their small size, multimode VCSELs are ideal for use in highly integrated sensors. Furthermore, Lumentum Operations LLC offers Vertical cavity surface-emitting laser (VCSEL) at 850 nm wavelength for 25G NRZ operation in short reach multimode fibre (MMF) applications. 

Get PDF sample report with related graphs & charts (Pre & post COVID-19 impact analysis):

The automotive segment is expected to be the Fastest-Growing Segment over the Forecast Period in the Global VCSEL market

In recent decades, there has been an increase in the demand for VCSEL in the automotive industry for driver monitoring systems (DMS) and adaptive cruise control (ACC). With advanced driver assistance systems (ADAS), automotive applications are continuing to evolve. Inside the vehicle, infrared light is used to monitor the driver and passengers, and the demand for this type of light source changes with the evolution of each application. The primary growth drivers of VCSEL are LiDAR, in-cabin monitoring/driver monitoring, and gesture recognition. Furthermore, Lumentum Operations LLC developed an automotive-grade high-power 940 nm vcsel array for a variety of applications such as vehicle interior monitoring, driver assistance, and gesture recognition and control.

The Impact of the COVID-19 Pandemic on the Global VCSEL Market

The World Health Organization (WHO) declared a pandemic of a novel coronavirus disease (COVID-19), caused by the severe acute respiratory syndrome coronavirus 2. Increasing cases of covid in pandemic are driving demand for highly advanced medical devices in the medical sector, such as pulse oximeters. In the fight against COVID-19, VCSEL light sources will help meet the increased demand for high-quality pulse oximeters. VCSEL light sources, which penetrate deeper into the skin than LEDs, allow more accurate measurements for oximetry applications. VCSELs have a narrower spectral linewidth emission, a 4X smaller shift in wavelength with temperature, and an order of magnitude lower power consumption, which is driving for the market growth. Also, similar initiatives by organizations to adapt more efficiently to shifting market situations bode well for the global VCSEL market over the forecast period.

Speak to our analyst in case of queries before buying this report:

Asia Pacific Region is expected to fastest-growing region in the VCSEL market over the forecast period, primarily driven by the presence of major manufacturers in this region

The Asia Pacific consumer electronics sector is huge, with countries such as China, Japan, and South Korea, which is the leading producer and end-users of consumer products. South Korea is a major producer of portable consumer electronics, whereas China is a producer and a consumer electronics. Countries in APAC, such as China and South Korea, have led in the implementation of 5G communication technology, which will create additional chances for VCSEL penetration in data communication. Furthermore, the increase in storage volume requirements as data volumes grow is being driven mostly by emerging technologies such as artificial intelligence (AI), big data, and the Internet of things (IoT).

View our exclusive press releases on Industry Global News24

The key market participants operating in the global VCSEL market are:

  • Agiltron Inc.
  • ams-OSRAM AG
  • Broadcom
  • II-VI Incorporated
  • Inneos LLC
  • Leonardo 
  • Lumentum Operations LLC
  • ROHM CO., LTD.
  • Santec Corporation
  • Teledyne FLIR LLC
  • Thorlabs, Inc.
  • TT Electronics plc
  • Vertilite
  • Other Market Participants

Request for customization to meet your precise research requirements:

Global VCSEL Market

By Type

  • Single
  • Multi-mode

By Application

  • Sensing and Gesture Recognition
  • Facial Recognition and Imaging
  • Autonomous driving
  • Data Communication
  • Industrial Heating
  • Lidar and Ranging
  • Others

By Wavelength

  • 760nm
  • 850nm
  • 940nm
  • 980nm
  • Others

By Industry

  • IT and Telecommunication
  • Aerospace and Defence
  • Data Centers
  • Consumer Electronics
  • Automotive
  • Healthcare
  • Industrial Manufacturing
  • Others

By Region

  • North America (U.S., Canada, Mexico, Rest of North America)
  • Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
  • Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
  • Latin America (Brazil, Argentina, Rest of Latin America)

Purchase the latest in-depth Global VCSEL Market Report @

Browse more trending reports by Absolute Markets Insights:


How Absolute Market Insights is unique in nature?

The research report on Global VCSEL Market will include extensive information based on the following pointers:

  • Global Market size and forecast values (2015 – 2030), in terms of revenue (US$ Million) by segments/sub-segments; wherein 2015 to 2020 has been considered as historic years, 2021 as the base year, while 2022 to 2030 has been considered as the forecast period.
  • Split of the market revenue (US$ Million) into all the relevant segments & sub-segments across all major regions/countries.
  • Market Determinants and Influencing Factors
  • Macro-Economic and Micro-Economic Indicators
  • Market Dynamics
    • Drivers
    • Restraints
    • Opportunities
    • Challenges
  • Trends on Global VCSEL Market
  • Exclusive Details on the Effect of the Pandemic
  • Porter’s Five Forces Analysis
  • Competitor Landscape
    • Product Benchmarking
    • Market Share Analysis, 2021
    • Global Presence and Growth Strategies
  • The final report will include competitive product benchmarking which will encompass comparison of varied services offered by different market participants on the basis of their features and capabilities that will help you to understand their market offerings. Furthermore, for each company, we will provide information regarding company details, company overview, product offerings, key developments, financial analysis, and SWOT analysis and business strategies.
  • The research study specific to a region, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, is also available.
  • We offer our reports in different languages which include German, Chinese, French, Russian, Spanish, Arabic, Japanese, and Korean amongst others.

Glance through Absolute Markets Insights plethora of reports on Semiconductor & Electronics category

About Us:

Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization. From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

Contact Us:

Contact Name: Shreyas Tanna

Company: Absolute Markets Insights

Email Id: [email protected]

Phone: IN +91-7400-24-24-24, US +1-510-420-1213



Press Release Provided By: Absolute Markets Insights