VCSEL Market Size 2023 Industry Growth and Key Regions 2030
August 21, 2023 ⚊ 1 Min read ⚊ Views 57 ⚊ TECHNOLOGY
The VCSEL (vertical-cavity surface-emitting laser) market has witnessed significant growth in recent years and is expected to continue its upward trajectory in the coming years. The market scope for VCSELs is expanding rapidly across various industry verticals, including consumer electronics, automotive, healthcare, telecommunications, and data centers. This growth can be attributed to several factors driving the demand for VCSEL technology. Firstly, the increasing adoption of VCSEL-based sensors in smartphones and wearable devices has fueled the market growth as these lasers offer high accuracy and sensitivity for facial recognition and depth sensing applications. Secondly, the rising demand for fiber optic communication networks has led to a surge in the deployment of VCSELs in data centers due to their ability to transmit data at high speeds over short distances.
