Lucintel's latest market report analyzed that VCSEL provides attractive opportunities in the consumer electronics, data center, commercial & industrial, automotive, healthcare, and military industries. The VCSEL market is expected to grow at a CAGR of 22%-24%. In this market, multimode are the largest segment by type, whereas consumer electronics are largest by end use industry.
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Based on type, the VCSEL market is segmented into single-mode and multimode. The multimode segment accounted for the largest share of the market in 2020 due to growing demand for sensing, industrial, and LiDAR applications.
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The VCSEL market is marked by the presence of several big and small players. Some of the prominent players offering VCSEL include Lumentum, ams, TRUMPF, Broadcom, Leonardo Electronics, MKS Instruments, Santec, VERTILAS, Vertilite, Alight Technologies, Coherent, Inneos, Thorlabs, TriLumina, TT Electronics, and Ushio America.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
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