North America VCSEL for Data Communication Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (Single Mode and Multi-Mode) and Material (Gallium Nitride, Gallium Arsenide, Indium Phosphide, and Other)
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 important, as they enable high-speed transmission for processing and retrieve results that create high growth for the VCSEL. Thus, the rise in adoption of VCSEL technology for data communication application is expected to create a significant demand for VCSEL for data communication in the coming years, which is further anticipated to drive the North America VCSEL for data communication market.
In North America, particularly the US 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, which negatively impacts the North America VCSEL for data communication market. In terms of patient count and death toll, Canada and Mexico are still at a nascent stage in comparison to the US. However, the manufacturing plants, semiconductor industry, and several other businesses are functioning slowly, negatively impacting the North America VCSEL for data communication market.
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Market Overview and Dynamics
The VCSEL for data communication market in North America is expected to grow from US$ 62.27 million in 2019 to US$ 223.73 million by 2027; it is estimated to grow at a CAGR of 18.2% 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 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 North America VCSEL for data communication market.
Key Market Segments
In terms of type, the multi-mode segment accounted for the largest share of the North America 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 North America 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; Ushio America, Inc.; and VERTILAS GmbH among others.
Reasons to buy report
- To understand the North America 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 North America VCSEL for data communication market
- Efficiently plan M&A and partnership deals in North America 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 North America VCSEL for data communication market
- Obtain market revenue forecast for market by various segments from 2020 to 2027 in North America region.
North America VCSEL for Data Communication Market Segmentation
- Single Mode
- Multi-Mode
- Gallium Nitride
- Gallium Arsenide
- Indium Phosphide
- Other
By Country
- US
- Canada
- Mexico
Company Profiles
- Bandwidth10
- Broadcom, Inc.
- Hamamatsu Photonics K.K.
- II-VI Incorporated
- Lumentum Holdings Inc.
- TRUMPF
- Ushio America, Inc.
- VERTILAS GmbH
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America VCSEL for Data Communication Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America VCSEL for Data Communication Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in adoption of VCSEL technology for data communication application
5.2 Market Restraints
5.2.1 Challenges associated with VCSEL technologies
5.3 Market Opportunities
5.3.1 Expansion of VCSEL technology in automotive industry
5.4 Future Trends
5.4.1 Wide applications of VCSEL for data communication
5.5 Impact Analysis of Drivers and Restraints
6. North America VCSEL for Data Communication Market Analysis
6.1 Market Overview
6.2 North America VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
6.3 North America Market Positioning – Five Key Players
7. North America VCSEL for Data Communication Market Analysis – By Type
7.1 Overview
7.2 North America VCSEL for Data Communication Market, by Type (2019 and 2027)
7.3 Single Mode
7.3.1 Overview
7.3.2 Single Mode: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Multi-Mode
7.4.1 Overview
7.4.2 Multi-Mode: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
8. North America VCSEL for Data Communication Market Analysis – By Material
8.1 Overview
8.2 North America VCSEL for Data Communication Market, by Material (2019 and 2027)
8.3 Gallium Nitride
8.3.1 Overview
8.3.2 Gallium Nitride: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Gallium Arsenide
8.4.1 Overview
8.4.2 Gallium Arsenide: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Indium Phosphide
8.5.1 Overview
8.5.2 Indium Phosphide: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Other
8.6.1 Overview
8.6.2 Other: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
9. North America VCSEL for Data Communication Market – Country Analysis
9.1 Overview
9.1.1 North America: VCSEL for Data Communication Market, by Key Country
9.1.1.1 US: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.1.1 US: VCSEL for Data Communication Market, by Type
9.1.1.1.2 US: VCSEL for Data Communication Market, by Material
9.1.1.2 Canada: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.2.1 Canada: VCSEL for Data Communication Market, by Type
9.1.1.2.2 Canada: VCSEL for Data Communication Market, by Material
9.1.1.3 Mexico: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.3.1 Mexico: VCSEL for Data Communication Market, by Type
9.1.1.3.2 Mexico: VCSEL for Data Communication Market, by Material
10. North America VCSEL for Data Communication Market – COVID-19 Impact Analysis
10.1 North America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Key Company Profiles
12.1 Bandwidth10
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Broadcom, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Hamamatsu Photonics K.K.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 II-VI Incorporated
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Lumentum Holdings Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 TRUMPF
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Ushio America, Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 VERTILAS GmbH
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word IndexLIST OF TABLES
Table 1. North America VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. US: VCSEL for Data Communication Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 3. US: VCSEL for Data Communication Market, by Material –Revenue and Forecast to 2027 (US$ Million)
Table 4. Canada: VCSEL for Data Communication Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 5. Canada: VCSEL for Data Communication Market, by Material – Revenue and Forecast to 2027 (US$ Million)
Table 6. Mexico: VCSEL for Data Communication Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. Mexico: VCSEL for Data Communication Market, by Material – Revenue and Forecast to 2027 (US$ Million)
Table 8. List of AbbreviationLIST OF FIGURES
Figure 1. North America VCSEL for Data Communication Market Segmentation
Figure 2. North America VCSEL for Data Communication Market Segmentation – By Country
Figure 3. North America VCSEL for Data Communication Market Overview
Figure 4. North America VCSEL for Data Communication Market Outlook
Figure 5. North America VCSEL for Data Communication Market – Country Analysis
Figure 6. North America VCSEL for Data Communication Market – Type Analysis
Figure 7. North America VCSEL for Data Communication Market – Material Analysis
Figure 8. North America: PEST Analysis
Figure 9. North America VCSEL for Data Communication Market – Ecosystem Analysis
Figure 10. North America Expert Opinion
Figure 11. North America VCSEL for Data Communication Market Impact Analysis of Drivers and Restraints
Figure 12. North America VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. North America VCSEL for Data Communication Market Revenue Share, by Type (2019 and 2027)
Figure 14. North America Single Mode: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. North America Multi-Mode: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. North America VCSEL for Data Communication Market Revenue Share, by Material (2019 and 2027)
Figure 17. North America Gallium Nitride: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. North America Gallium Arsenide: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. North America Indium Phosphide: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. North America Other: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. North America: VCSEL for Data Communication Market Revenue Share, by Key Country (2019 and 2027)
Figure 22. US: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Canada: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Mexico: VCSEL for Data Communication Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Impact of COVID-19 Pandemic in North American Country MarketsThe List of Companies - North America VCSEL for Data Communication Market
- Bandwidth10
- Broadcom, Inc.
- Hamamatsu Photonics K.K.
- II-VI Incorporated
- Lumentum Holdings Inc.
- TRUMPF
- Ushio America, Inc.
- VERTILAS GmbH
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