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[Research Report] Global Market for Vertical Cavity Surface Emitting Lasers (VCSEL)

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The global market size for Vertical Cavity Surface Emitting Lasers (VCSELs) is expected to reach approximately $1 billion in 2017, about $2 billion in 2022, and around $5 billion by 2028, with a projected growth rate of 15% CAGR during the forecast period. The expansion of adoption in data centers and the increasing demand for 3D sensing applications may drive market growth. This report investigates and analyzes the global Vertical Cavity Surface Emitting Laser (VCSEL) market, providing systematic information on key trends, competitive landscape, and market analysis.

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[English Market Research Report] Vertical Cavity Surface Emitting Laser

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The VCSEL market size is projected to grow from 1.4 billion USD in 2022 to 4.7 billion USD by 2030, with a CAGR of 17.0% from 2023 to 2030. The adoption of VCSELs in 3D sensing applications, such as smartphones equipped with gesture control and facial recognition features, is contributing to the growth of the VCSEL market. Additionally, VCSELs are used in data communication and automotive LiDAR systems, further driving market growth. The integration of technologies such as IoT across various industries, including healthcare, automotive, and buildings, necessitates the use of fiber optic communication technology, contributing to the demand and adoption of VCSELs.

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