Asia Pacific VCSEL for Data Communication Market

Market Introduction

A vertical cavity surface emitting laser or VCSEL is a specialized laser diode capable of transforming fiber optic communications by enhancing efficiency and increasing data speed. Generally, VCSELs emit energy at 850 nanometers (nm) and 1300 nm. Presently, VCSELs are substituting edge-emitting lasers as the referral technology for short-range data communications networks as well as local networks, delivering lower production costs and greater reliability. 850nm-emitting VCSELs are widely used in data centers, particularly for the applications where the data size transferred over a network is very large. The growing adoption of data centers across businesses generates higher demand for VCSELs for data communication. High data transfer rates in data centers are predominantly significant, as they enable high-speed transmission for processing and retrieve results that create high growth for the VCSEL. Thus, the continuous investment in research and development of various applications of VCSEL based products creates ample business opportunities is expected to create a significant demand for VCSEL for data communication in the coming years, which is further anticipated to drive the APAC VCSEL for data communication market. 

In the APAC region, particularly India, witnessed an unprecedented rise in the number of confirmed cases resulting in large-scale lockdown across different areas as well as industrial activities. The majority of the manufacturing plants have shut down, municipalities are functioning slowly compared to the past, and the semiconductor industry was at a halt, negatively impacting the APAC VCSEL for data communication market. However, the manufacturing plants, semiconductor industry, and several other businesses are functioning slowly, negatively impacting the APAC VCSEL for data communication market.

Asia Pacific VCSEL for Data Communication Strategic Insights

Strategic insights for the Asia Pacific VCSEL for Data Communication provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia Pacific VCSEL for Data Communication Report Scope

Asia Pacific VCSEL for Data Communication Regional Insights

The geographic scope of the Asia Pacific VCSEL for Data Communication refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The VCSEL for data communication market in APAC is expected to grow from US$ 119.35 million in 2019 to US$ 519.91 million by 2027; it is estimated to grow at a CAGR of 21.0% from 2020 to 2027. The VCSEL industry has come a long way from being limited to smaller-scale commercial applications with high product specification with the recent integration of the products into consumer electronics, resulting in a larger production volume for the VCSEL based products for numerous applications including data communication. Furthermore, several manufacturers' recent notable investment in exploring its other commercial viability options into LiDAR (light detection and ranging) application industry through more efficient and powerful arrays of VCSEL based products. Thus, the VCSEL is anticipated to gain larger adoption into high-volume-based products such as consumer electronics and automotive, resulting in the large application scope. Thus, the VCSEL for data communication is set for larger commercial application scope owing to considerable existing research. Hence, the market is poised to provide numerous profitable business opportunities for market players during the coming years. This is bolstering the growth of the APAC VCSEL for data communication market.

Key Market Segments

In terms of type, the multi-mode segment accounted for the largest share of the APAC VCSEL for data communication market in 2019. Similarly, the gallium arsenide segment held a larger share of the market based on material in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the VCSEL for data communication market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Bandwidth10; Broadcom, Inc.; Hamamatsu Photonics K.K.; II-VI Incorporated; Lumentum Holdings Inc.; TRUMPF; VERTILAS GmbH; and Vertilite Co., Ltd among others.

Reasons to buy report

• To understand the APAC VCSEL for data communication market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC VCSEL for data communication market
• Efficiently plan M&A and partnership deals in APAC VCSEL for data communication market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC VCSEL for data communication market
• Obtain market revenue forecast for market by various segments from 2020 to 2027 in APAC region.

APAC VCSEL for Data Communication Market Segmentation

By Type

• Single Mode
• Multi-Mode

By

Material

• Gallium Nitride
• Gallium Arsenide
• Indium Phosphide
• Other

By Country

• China
• Japan
• India
• Australia
• Rest of APAC

Company Profiles

• Bandwidth10
• Broadcom, Inc.
• Hamamatsu Photonics K.K.
• II-VI Incorporated
• Lumentum Holdings Inc.
• TRUMPF
• VERTILAS GmbH
• Vertilite Co., Ltd