Multi-mode VCSEL to continue dominate market for data communication
According to our latest market study on “VCSEL for data communication Market to 2027 - COVID-19 Impact and Global Analysis and Forecast -by Type (Single Mode, Multi-Mode); Material (Gallium Nitride, Gallium Arsenide, Indium Phosphide, Other), and Geography,” the market was valued at US$ 284.05 million in 2019 and is projected to reach US$ 1,135.68millionby 2027; it is expected to grow at a CAGR of 19.7% from 2020 to 2027.The report highlights the key factors driving the market growth, and prominent players and their developments in the market.
The global VCSEL for data communication market comprises numerous companies specializing in broad range of offerings. However, strong presence of companies manufacturing electronics and their subsequent components, as well as parts, in Asia has empowered the region to hold the largest share of the overall market. Further, APAC is expected to continue to retain its market leadership in the coming years. In addition, the operation of a large number of manufacturing facilities of consumer electronics, data center, and fiber optics-related products across Asia, especially in China, has been contributing to the notable share of the region in the global market.
Certain countries in the rest of world have started rolling-out 5G connectivity, although with a limited coverage. Operators are aggressively upgrading their 5G network coverage, in the Middle East in 2019. The roll-out of 5G services and expansion of 5G networks are expected to boost the demand for VCSELs. Moreover, the region is experiencing growth in its data center market. For instance, in 2019, Microsoft opened two data centers in the Middle East-in Abu Dhabi and Dubai. Also, AWS opened a new data center in Bahrain.
COVID-19 Impact on VCSEL for data communication Market
The impact of COVID-19 pandemic across the electronics value chain will probably be far-reaching-and strongly affecting parties involved with semiconductor industry. COVID-19 is underlining the possible risks and vulnerability of present electronics and semiconductor value chain, thereby challenging the industry to consider altering its global supply chain model. For instance, in APAC, many countries have imposed lockdowns after March 2019 to contain the COVID-19 infection spread; this has paralyzed economic activities throughout the region due to factory shutdown, resulting in suspended manufacturing. In March, factories in Japan contracted at the fastest pace in around a decade, signifying that the world’s third-largest economy is possibly already in recession.
The report segments the global VCSEL for data communication market as follows:
By Type
By Material
By Geography
Reasons to Buy:
According to our latest market study on “VCSEL for data communication Market to 2027 - COVID-19 Impact and Global Analysis and Forecast -by Type (Single Mode, Multi-Mode); Material (Gallium Nitride, Gallium Arsenide, Indium Phosphide, Other), and Geography,” the market was valued at US$ 284.05 million in 2019 and is projected to reach US$ 1,135.68millionby 2027; it is expected to grow at a CAGR of 19.7% from 2020 to 2027.The report highlights the key factors driving the market growth, and prominent players and their developments in the market.
The global VCSEL for data communication market comprises numerous companies specializing in broad range of offerings. However, strong presence of companies manufacturing electronics and their subsequent components, as well as parts, in Asia has empowered the region to hold the largest share of the overall market. Further, APAC is expected to continue to retain its market leadership in the coming years. In addition, the operation of a large number of manufacturing facilities of consumer electronics, data center, and fiber optics-related products across Asia, especially in China, has been contributing to the notable share of the region in the global market.
Certain countries in the rest of world have started rolling-out 5G connectivity, although with a limited coverage. Operators are aggressively upgrading their 5G network coverage, in the Middle East in 2019. The roll-out of 5G services and expansion of 5G networks are expected to boost the demand for VCSELs. Moreover, the region is experiencing growth in its data center market. For instance, in 2019, Microsoft opened two data centers in the Middle East-in Abu Dhabi and Dubai. Also, AWS opened a new data center in Bahrain.
COVID-19 Impact on VCSEL for data communication Market
The impact of COVID-19 pandemic across the electronics value chain will probably be far-reaching-and strongly affecting parties involved with semiconductor industry. COVID-19 is underlining the possible risks and vulnerability of present electronics and semiconductor value chain, thereby challenging the industry to consider altering its global supply chain model. For instance, in APAC, many countries have imposed lockdowns after March 2019 to contain the COVID-19 infection spread; this has paralyzed economic activities throughout the region due to factory shutdown, resulting in suspended manufacturing. In March, factories in Japan contracted at the fastest pace in around a decade, signifying that the world’s third-largest economy is possibly already in recession.
The report segments the global VCSEL for data communication market as follows:
By Type
- Single Mode
- Multi-Mode
By Material
- Gallium Nitride
- Gallium Arsenide
- Indium Phosphide
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- Japan
- Australia
- Rest of APAC
- Rest of World
- Middle East and Africa (MEA)
- South America (SAM)
Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global VCSEL for data communication market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the global VCSEL for data communication market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
3. Research Methodology
4. VCSEL for Data Communication Market Landscape
5. VCSEL for Data Communication Market - Key Market Dynamics
6. VCSEL for Data Communication - Global Market Analysis
7. VCSEL for Data Communication Market Analysis - By Type
8. VCSEL for Data Communication Market Analysis - By Material
9. VCSEL for Data Communication Market - Geographic Analysis
10. Impact of COVID-19 Pandemic on VCSEL for Data Communication Market
11. Industry Landscape
12. Key Company Profiles
13. Appendix
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bandwidth10
- Broadcom, Inc.
- Hamamatsu Photonics K.K.
- II-VI Incorporated
- Lumentum Holdings Inc.
- TRUMPF
- Ushio America, Inc.
- VERTILAS GmbH
- Vertilite Co., Ltd.
- VI Systems GmbH
