VSCEL Sector Growing At Over 20 Percent CAGR
Optical fibre data transmission market to reach $618.2 million by 2020
In a new report "˜Vertical-Cavity Surface-Emitting Lasers (VCSEL): Technologies and Global Markets' BCC Research estimates that the VCSEL market is expected to grow from $781.6 million in 2015 to $2.1 billion in 2020, a compound annual growth rate (CAGR) of 21.9 percent from 2015 through 2020.
Optical fibre data transmission, the largest segment of the global VCSELs market, reached a market value of $246.7 million in 2014 and should reach $618.2 million by 2020, with a CAGR of 20.2 percent.
Analogue broadband signal transmission reached $93.7 million in 2015 and should reach $295.3 million in 2020, with a CAGR of 25.8 percent.
The report covers factors currently driving and restraining the growth of the market, as well as factors impacting the future of the industry.
The use of VCSELs has increased in the optical communications industry in the past 15 years. Demand for VCSELs has increased in consumer electronics products and other high-end applications such as gesture recognition and 3-D imaging.
Extensive R&D by companies and defence services worldwide in VCSELs has resulted in high-power conversion efficiency of 63.4 percent in the current year (other types of commercially available lasers have typical power conversion of 20 to 25 percent).
AngelTech Live III: Join us on 12 April 2021!
AngelTech Live III will be broadcast on 12 April 2021, 10am BST, rebroadcast on 14 April (10am CTT) and 16 April (10am PST)
and will feature online
versions of the market-leading physical events: CS International
and PIC International
PLUS a brand new Silicon Semiconductor International
Thanks to the great diversity of the semiconductor industry, we are always chasing new markets and developing a range of exciting technologies.
2021 is no different. Over the last few months interest in deep-UV LEDs has rocketed, due to its capability to disinfect and sanitise areas and combat Covid-19. We shall consider a roadmap for this device, along with technologies for boosting its output.
We shall also look at microLEDs, a display with many wonderful attributes, identifying processes for handling the mass transfer of tiny emitters that hold the key to commercialisation of this technology.
We shall also discuss electrification of transportation, underpinned by wide bandgap power electronics and supported by blue lasers that are ideal for processing copper.
Additional areas we will cover include the development of GaN ICs, to improve the reach of power electronics; the great strides that have been made with gallium oxide; and a look at new materials, such as cubic GaN and AlScN.
Having attracted 1500 delegates over the last 2 online summits, the 3rd event promises to be even bigger and better – with 3 interactive sessions over 1 day and will once again prove to be a key event across the semiconductor and photonic integrated circuits calendar.
So make sure you sign up today and discover the latest cutting edge developments across the compound semiconductor and integrated photonics value chain.
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