Vertical External Cavity Surface Emitting Laser Market

The global Vertical External Cavity Surface Emitting Laser (VECSEL) market was valued at 1498 million in 2024 and is projected to reach US$ 3299 million by 2031, at a CAGR of 12.2% during the forecast period.
A vertical-external-cavity surface-emitting-laser (VECSEL) is a small semiconductor laser similar to a vertical-cavity surface-emitting laser (VCSEL). VECSELs are used primarily as near infrared devices in laser cooling and spectroscopy, but have also been explored for applications such as telecommunications.
The increasing number of data centers has increased the need for high data transfer speeds to maintain and manage data centers. The ability of VCSEL to emit light at high speed makes it one of the ideal choices for high-speed data transmission applications. Hence, the growing demand for VCSELs for data center optical interconnect infrastructure is expected to provide lucrative opportunities for the growth of the VCSEL market in the coming years. In January 2021, the President of the United States announced plans to strengthen American manufacturing under the Made in America initiative, which focuses on creating technologically advanced and automated manufacturing. The President announced $300 billion in funding for research and development activities and the incorporation of advanced technologies to boost national production. These technological advancements include automation. Additionally, VCSELs are widely used in Light Detection and Ranging (LiDAR) based technologies to measure or sense range and distance in sensing applications. Hence, the increasing adoption of automation technologies in manufacturing facilities is driving the demand for lidar-based systems. To meet this demand, market players are launching VCSEL products that can be used in vehicle automation systems. In January 2022, Lumentum Operations LLC, an American VCSEL array supplier, partnered with HESAI, a global leader in 3D Light Detection and Ranging (LiDAR) solutions. The collaboration aims to develop a hybrid solid-state LiDAR AT128 for advanced driver assistance systems (ADAS) with a VCSEL-based design to meet cost-effective, automotive-grade reliability and conformance requirements. The use of VCSEL array light sources improves the scalability of LiDAR, thereby increasing the demand of end users for the above-mentioned applications. Hence, such partnerships are contributing to the growth of the North American VCSEL market.
We have surveyed the Vertical External Cavity Surface Emitting Laser (VECSEL) manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks
Vertical External Cavity Surface Emitting Laser Market aims to provide a comprehensive presentation of the global market for Vertical External Cavity Surface Emitting Laser (VECSEL), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vertical External Cavity Surface Emitting Laser (VECSEL). Vertical External Cavity Surface Emitting Laser Market contains market size and forecasts of Vertical External Cavity Surface Emitting Laser (VECSEL) in global, including the following market information:
Global Vertical External Cavity Surface Emitting Laser (VECSEL) market revenue, 2020-2025, 2026-2031, ($ millions)
Global Vertical External Cavity Surface Emitting Laser (VECSEL) market sales, 2020-2025, 2026-2031, (K Units)
Global top five Vertical External Cavity Surface Emitting Laser (VECSEL) companies in 2024 (%)
Total Market by Segment:
Global Vertical External Cavity Surface Emitting Laser (VECSEL) market, by Type, 2020-2025, 2026-2031 ($ millions) & (K Units)
Global Vertical External Cavity Surface Emitting Laser (VECSEL) market segment percentages, by Type, 2024 (%)
976 nm
980 nm
1480 nm
Others
Global Vertical External Cavity Surface Emitting Laser (VECSEL) market, by Application, 2020-2025, 2026-2031 ($ Millions) & (K Units)
Global Vertical External Cavity Surface Emitting Laser (VECSEL) market segment percentages, by Application, 2024 (%)
Metal Processing
Medical
Communication
Laboratory
Global Vertical External Cavity Surface Emitting Laser (VECSEL) market, by region and country, 2020-2025, 2026-2031 ($ millions) & (K Units)
Global Vertical External Cavity Surface Emitting Laser (VECSEL) market segment percentages, by region and country, 2024 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vertical External Cavity Surface Emitting Laser (VECSEL) revenues in global market, 2020-2025 (estimated), ($ millions)
Key companies Vertical External Cavity Surface Emitting Laser (VECSEL) revenues share in global market, 2024 (%)
Key companies Vertical External Cavity Surface Emitting Laser (VECSEL) sales in global market, 2020-2025 (estimated), (K Units)
Key companies Vertical External Cavity Surface Emitting Laser (VECSEL) sales share in global market, 2024 (%)
Further, the report presents profiles of competitors in the market, key players include:
II-VI
Furukawa Electric
Polytec GmbH
Lumentum
3SP Technologies
DoGain Laser Technology
Lumics
Oxxius
Thorlabs
InnoLas
Vexlum
Outline of Major Chapters:
Chapter 1: Introduces the definition of Vertical External Cavity Surface Emitting Laser (VECSEL), market overview.
Chapter 2: Global Vertical External Cavity Surface Emitting Laser (VECSEL) market size in revenue and volume.
Chapter 3: Detailed analysis of Vertical External Cavity Surface Emitting Laser (VECSEL) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Vertical External Cavity Surface Emitting Laser (VECSEL) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Vertical External Cavity Surface Emitting Laser (VECSEL) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.