Europe VCSEL for Data Communication Market

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 wide scope of application through continuous technological improvements is expected to create a significant demand for VCSEL for data communication in the coming years, which is further anticipated to drive the Europe VCSEL for data communication market. 

In Europe, particularly Russia, witnessed a sudden rise in the number of confirmed cases resulting in large-scale lockdown across different regions and 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 VCSEL for data communication market. In terms of the death toll, the UK has higher number of deaths comparing to other countries in Europe. However, the manufacturing plants, semiconductor industry, and several other businesses are functioning slowly, negatively impacting Europe VCSEL for data communication market.

Europe VCSEL for Data Communication Strategic Insights

Strategic insights for the Europe 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.

Europe VCSEL for Data Communication Report Scope

Europe VCSEL for Data Communication Regional Insights

The geographic scope of the Europe 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 Europe is expected to grow from US$ 84.34 million in 2019 to US$ 331.62 million by 2027; it is estimated to grow at a CAGR of 19.5% 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 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 potential 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 the high volume-based production, such as consumer electronics and automotive, resulting in large application scope. Thus, the VCSEL for data communication is set for larger commercial application scope owing to notable 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 Europe VCSEL for data communication market.

Key Market Segments

In terms of type, the multi-mode segment accounted for the largest share of the Europe 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 Europe 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 VI Systems GmbH among others.

Reasons to buy report

• To understand the Europe 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 Europe VCSEL for data communication market
• Efficiently plan M&A and partnership deals in Europe 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 Europe VCSEL for data communication market
• Obtain market revenue forecast for market by various segments from 2020 to 2027 in Europe region.

Europe VCSEL for Data Communication Market Segmentation

By Type

• Single Mode
• Multi-Mode

By

Material

• Gallium Nitride
• Gallium Arsenide
• Indium Phosphide
• Other

By Country

• UK
• Germany
• France
• Italy
• Russia
• Rest of Europe

Company Profiles

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