Global market for vertical-cavity surface-emitting lasers to reach $2.1 billion by 2018

The use of vertical-cavity surface-emitting lasers (VCSELs) has increased in the optical communications industry in the past 15 years. The increasing demand of VCSEL in consumer electronics products and other high-end applications such as gesture recognition and 3D imaging have spurred the demand of VCSELs. VCSELs dominating the optical communications market are expected to be a dominant source in coming years. Other technologies such gesture recognition and industrial sensing will also spur the demand of VCSELs in the foreseeable future.

BCC Research provides a thorough analysis of the global market for vertical-cavity surface-emitting lasers through its report, Vertical-Cavity Surface-Emitting Lasers (VCSEL): Technologies and Global Markets. According to the report, this market was valued at $1.6 billion in 2013. This is expected to grow from $501 million in 2013 to $2.1 billion by 2018 with a compound annual growth rate (CAGR) of 33.1% from 2013 to 2018.

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Use this report for, but not limited to, the following reasons:

• Gain an overview of the global market forvertical-cavity surface-emitting lasers
• Analyze global market trends, with data estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018
• Access the market's drivers, restraints, and opportunities
• View the value chains and supply chains of the market
• Understand the evolution as well as the differences between various types of lasers involved
• Review comprehensive company profiles of major players involved in the industry

SAMPLE FIGURE

GLOBAL MARKET FOR VCSELS BY APPLICATION, 2012-2018

($ MILLIONS)

 

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