Dublin, July 23, 2019 (GLOBE NEWSWIRE) -- The "Vertical Cavity Surface Emitting Laser (VCSEL) Market - Forecasts from 2019 to 2024" report has been added to ResearchAndMarkets.com's offering.

The Vertical Cavity Surface Emitting Laser (VCSEL) market is projected to grow at a CAGR of 26.26% to reach US$3,830.323 million by 2024, from US$945.455 million in 2018.

The major factors driving the demand for VCSEL are increasing adoption of these lasers for various applications including data transfer, proximity sensing and for infrared illumination.

North America and Europe held a significant market share owing to the rising expenditure on research and development activities and early adoption of technology. The Asia-Pacific region will witness impressive growth over the forecast period.

Drivers

• Implementation of front 3D imaging feature in the smartphones
• Growing applications in intelligent and autonomous vehicles

Restraints

• Availability of substitute

Industry Updates

• Finisar Corporation expanded its 3D VCSEL production capacity with the opening of its new facility in Sherman, Texas in July 2018.
• In December 2018, TRUMPF acquired Photonics GmbH from Philips - a leader in VCSEL market, enabling them to enter the new market and expand its existing portfolio.

Key Topics Covered

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources

3. KEY FINDINGS

4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. GLOBAL VCSEL MARKET BY MATERIAL
5.1. Gallium Arsenide
5.2. Indium Phosphide
5.3. Gallium Nitride
5.4. Others

6. GLOBAL VCSEL MARKET BY TYPE
6.1. Single Mode
6.2. Multimode

7. GLOBAL VCSEL MARKET BY END-USER INDUSTRY
7.1. Consumer Electronics
7.2. Automotive
7.3. Telecommunication
7.4. Healthcare
7.5. Military and Defense
7.6. Industrial

8. GLOBAL VCSEL MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. United Kingdom
8.3.2. Germany
8.3.3. France
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Israel
8.4.2. Others
8.5. Asia-Pacific
8.5.1. Japan
8.5.2. China
8.5.3. India
8.5.4. South Korea
8.5.5. Others

9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players

10. COMPANY PROFILES
10.1. TRUMPF GmbH + Co. KG
10.2. Vixar Inc.
10.3. IQE PLC
10.4. AMS AG
10.5. Finisar Corporation
10.6. Broadcom
10.7. VERTILAS GmbH
10.8. Lumentum Operations LLC
10.9. SANTEC Corporation
10.10. II-VI Incorporated

For more information about this report visit https://www.researchandmarkets.com/r/2o0j3a

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Related Topics: Semiconductor, Lasers