The Asia Pacific VCSEL Market would 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 will expedite 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 and continues 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.
Free Valuable Insights: The Worldwide VCSEL Market is Projected to reach USD 2.7 Billion by 2028, at a CAGR of 13.1%
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.
By Type
By Wavelength
By Application
By Data Rate
By Material
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 