The Vertical Cavity Surface-Emitting Laser (VCSEL) Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size for the vertical cavity surface-emitting laser (VCSEL) has seen considerable expansion in previous years. It is projected to increase from $2.38 billion in 2024 to $2.71 billion in 2025, with a compound annual growth rate (CAGR) of 13.8%.
The Vertical Cavity Surface-Emitting Laser (VCSEL) market is predicted to rise to $4.35 billion by the year 2029, with a compound annual growth rate (CAGR) of 12.5%.
Download Your Free Sample of the 2025 Vertical Cavity Surface-Emitting Laser (VCSEL) Market Report and Uncover Key Trends Now!The key drivers in the vertical cavity surface-emitting laser (vcsel) market are:
• Expansion of 5G network triggering demand for VCSEL
• Increasing adoption of Internet of Things (IoT) and augmented/virtual reality applications
• Growing use of VCSEL in biomedical and healthcare devices
• Trend towards miniaturization and integration in various devices and systems
The vertical cavity surface-emitting laser (VCSEL) market covered in this report is segmented –
1) By Type: Single Mode, Multimode
2) By Material: Gallium Arsenide (GaAs), Indium Phosphide (InP), Gallium Nitride, Other Materials
3) By Wavelength: Red (650-750 nm), Near-Infrared (750-1400 nm), Shortwave-Infrared (1400-3000 nm)
4) By Application: Sensing, Data Communication, Infrared Illumination, Industrial Heating, Pumping, Other Applications
5) By Industry: Consumer Electronics, Automotive, Data Center, Commercial And Industrial, Healthcare, Military
The key trends in the vertical cavity surface-emitting laser (vcsel) market are:
• The market is being significantly shaped by standardization and interoperability.
• Advanced packaging solutions are emerging as a new trend.
• Integration in smart home systems is becoming increasingly prevalent.
• multi-functionality in consumer electronics is a key upcoming trend.
The major players in the vertical cavity surface-emitting laser (vcsel) market are:
• Sony Group Corporation
• Panasonic Corporation
• Broadcom Inc
• Sumitomo Electric Industries Ltd
North America was the largest region in the vertical cavity surface-emitting laser (VCSEL) market in 2024