Asia Pacific VCSEL for Data Communication Market Key Players and Forecast by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

Asia Pacific 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)

Report Date : Sep 2020
Report Code : TIPRE00014313

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 77

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

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 China, Japan, India, and Australia are major economies in APAC. The continuous investment in research and development in various applications of VCSEL (vertical cavity surface emitting laser) based products creates ample business opportunities has gained momentum over the past few years. The VCSEL based technology products continue to attract notable investment from several APAC market players and visionaries to leverage the commercial scope of utilities for this technology across different industry verticals. As a result, the technology overall witnessed significant investment in developing state-of-the-art production and manufacturing facilities throughout developed and developing economies. For instance, telecom giant Huawei invested in a Chinese-based start-up, Vertilite specializing in developing a broad range of VCSEL products with numerous applications, including data communication. Thus, the market is expected to broaden its scope of data communication through VCSEL based technology through continuous investment into product development and research that contributes significantly in widening the scope of its commercial application for data communication. Thus, the continuous investment in research and development in 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 market in APAC.

In the APAC, India has the highest number of COVID-19 confirmed cases, and China and Japan follow it among other countries. India witnessed an unprecedented rise in the number of confirmed cases resulting in large-scale lockdown across different regions and industrial activities. The consequence and the impact can be even worse and depends on the spread of the virus. The governments of APAC countries are taking possible steps to reduce its effects by announcing lockdowns, impacting the market's revenue. China is one of the leading manufacturing sectors in the region and is one of the significantly affected APAC countries. Several markets have witnessed negative growth trends in the past three months. India, Japan, South Korea, and Taiwan are still combating with the virus, and are implementing lockdowns, which is a crucial factor towards the slowdown in the growth of Asia Pacific VCSEL for Data Communication market. However, China has been able to stabilize its spread of COVID-19, and industries are up and running. This embarks a positive sign towards the stabilization of the APAC VCSEL for data communication market. As the APAC semiconductor industry has revealed signs of a robust recovery for much of the past quarter, this can be condensed in the coming months owing to supply and demand-side interruption amid the novel COVID-19 outbreak.

With the new features and technologies coming in APAC VCSEL for data communication market, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC VCSEL for data communication market. The APAC VCSEL for data communication market is expected to grow at a good CAGR during the forecast period. 13829-img1

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

APAC VCSEL for Data Communication Market Segmentation

APAC VCSEL for Data Communication Market – By Type

Single Mode
Multi-Mode

APAC VCSEL for Data Communication Market – By Material

Gallium Nitride
Gallium Arsenide
Indium Phosphide
Other

APAC VCSEL for Data Communication Market - By Country

China
Japan
India
Australia
Rest of APAC

APAC VCSEL for Data Communication Market – Company Profiles

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

Asia Pacific VCSEL for Data Communication Report Scope

Report Attribute	Details
Market size in 2019	US$ 119.35 Million
Market Size by 2027	US$ 519.91 Million
Global CAGR (2020 - 2027)	21.0%
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Type Single Mode and Multi-Mode By Material Gallium Nitride Gallium Arsenide Indium Phosphide
Regions and Countries Covered	Asia-Pacific China India Japan Australia Rest of Asia-Pacific
Market leaders and key company profiles	Bandwidth10 Broadcom, Inc. Hamamatsu Photonics K.K. II-VI Incorporated Lumentum Holdings Inc. TRUMPF VERTILAS GmbH Vertilite Co., Ltd

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the Asia Pacific VCSEL for Data Communication Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

Asia Pacific VCSEL for Data Communication Market Report Snapshots

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