Vertical-Cavity Surface-Emitting Lasers (VCSEL) : Technologies and Global Markets

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NEW YORK, July 7, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Vertical-Cavity Surface-Emitting Lasers (VCSEL) : Technologies and Global Markets

http://www.reportlinker.com/p02212019/Vertical-Cavity-Surface-Emitting-Lasers-VCSEL--Technologies-and-Global-Markets.html

The use of vertical-cavity surface-emitting lasers (VCSELs) has increased in the optical communications industry in the past 15 years. This spurring demand can be attributed to the increasing demand of VCSEL in consumer electronics products and other high-end applications such as gesture recognition and 3D imaging. This BCC Research analyzes the global market trends, market drivers, restrains and opportunities, along with compound annual growth rates through 2018. VCSELs dominating the optical communications market are expected to be a dominant source in coming years. Other technologies such as gesture recognition and industrial sensing will spur the demand of VCSELs in the future. Identifying segments with high growth potential, major regions and countries involved in such developments, and key players in the IC photonic market are also provided in this report.

Use this report to:
- Understand opportunities and innovation-driven VCSEL market highlights, and the major regions and countries involved in such developments.
- Receive information about the analysis of the various applications of the VCSEL and market dynamics of each application.
- Receive information about the key trends related to the applications, raw materials and colors (wavelength range) that shape and influence the photonic IC market.
- Understand the major stakeholders in the market and the competitive landscape for market leaders.

Highlights
- BCC Research estimates that the vertical-cavity surface-emitting lasers (VCSELs) market is expected to grow from $501.0 million in 2013 to nearly $2.1 billion in 2018, a compound annual growth rate (CAGR) of 33.1% from 2013 through 2018.
- Optical fiber data transmission is the largest segment of the global VCSELs market, with a market share of $158.1 million in 2013. This market is projected to increase to about $615.1 million by 2018, a CAGR of 31.2% for the period of 2013 to 2018.
- The global market for analog broadband signal transmission will increase at a CAGR of 37.3% to reach about $292.8 million in 2018, up from an estimated $60.0 million in 2013.

INTRODUCTION

STUDY GOALS AND OBJECTIVES
This report is an impact analysis of the vertical-cavity surface-emitting lasers (VCSEL) market. The information in this report includes factors currently driving and restraining
the growth of the market, as well as factors impacting the future of the industry. The goals and objectives include:
- To understand opportunities and innovation-driven VCSEL market highlights, and the major regions and countries involved in such developments.
- Analysis of the various applications of the VCSEL and market dynamics of each application.
- Identifying segments with high growth potential; also understanding future applications of given segments.
- Key trends related to the applications, raw materials and colors (wavelength range) that shape and influence the photonic IC market.
- Region-specific developments in the industry.
- To understand the major stakeholders in the market and competitive landscape for the market leaders.
- Analysis of growth strategies by key players in the photonic IC market.
- Analysis of patent positions where relevant.

REASONS FOR DOING THE STUDY
The use of vertical-cavity surface-emitting lasers (VCSELs) has increased in the optical communications industry in the past 15 years. The increasing demand of VCSEL in
consumer electronics products and other high-end applications such as gesture recognition and 3D imaging have spurred the demand of VCSELs. Extensive research
and development by companies and defense services for VCSELs across the world resulted in high-power conversion efficiency of 63.4% in the current year, considering
that other types of commercially available lasers have typical power conversion of around 20% to 25%. Due to such developments and higher usages of VCSELs, this
topic was considered by BCC Research for study.

SCOPE OF REPORT
The VCSELs market is segmented into the following categories:
- Applications: Optical fiber data transmission, analog broadband signal transmission absorption spectroscopy (TDLAS), laser printers, computer mice, biological tissue
analysis, chip scale atomic clock and others.
- Materials: gallium nitride (GaN), gallium arsenide (GaAs), indium phosphide (InP) and others (AlGaAs, InGaAsN, etc.).
- Colors: Red, green, blue-violet, infrared and other colors.
- Geography: North America is segmented into the U.S., Canada and Mexico; Europe is segmented into France, Italy, Germany, the U.K., Russia, and CIS; Asia-Pacific is
segmented into China, Japan, Taiwan, South Korea and others, while, the rest of the world (RoW) covers the Middle East and South America.
- Industry and competitive analysis.
- Patent analysis.
- Company profiles.

INTENDED AUDIENCE
- Manufacturers.
- End-user companies.
- Foundries.
- Researchers.
- Raw materials providers.
- Players involved in testing phase.
- Investors (private equity, venture capital, etc.).

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION 2
STUDY GOALS AND OBJECTIVES 2
REASONS FOR DOING THE STUDY 2
SCOPE OF REPORT 2
INTENDED AUDIENCE 3
INFORMATION SOURCES 3
ANALYST'S CREDENTIALS 3
RELATED BCC RESEARCH REPORTS 4
BCC RESEARCH WEBSITE 4
DISCLAIMER 4

CHAPTER 2 SUMMARY 6
SUMMARY TABLE GLOBAL MARKET FOR VCSELS BY APPLICATION, THROUGH 2018
($ MILLIONS) 6
SUMMARY FIGURE GLOBAL MARKET FOR VCSELS BY APPLICATION, 2012-2018 ($
MILLIONS) 7

CHAPTER 3 OVERVIEW 9
MARKET DEFINITION 9
ROADMAP OF VCSELS 9
FIGURE 1 ROADMAP OF VCSELS, 1993-2010 9
FUTURE OUTLOOK AND EXPECTATIONS 10
VALUE CHAIN ANALYSIS 10
FIGURE 2 VALUE CHAIN OF THE VCSEL INDUSTRY 10
SUPPLY CHAIN ANALYSIS 11
FIGURE 3 SUPPLY CHAIN OF VCSEL INDUSTRY 11
COMPARISON MATRIX OF VCSELS WITH EDGE-EMITTING LASER DIODES 12
TABLE 1 COMPARISON BETWEEN MATRIX OF VCSELS AND EDGE EMITTERS 12
IMPORTANT PATENTS FOR VCSELS 13
VERTICAL CAVITY SURFACE EMITTING LASER 13
SINGLE MODE VERTICAL CAVITY SURFACE EMITTING LASER 14
VCSEL DEVICE AND METHOD FOR FABRICATING VCSEL DEVICE 14
FAULT DETECTION METHOD AND FAULT DETECTION APPARATUS FOR
VCSEL 15
HIGH POWER VCSEL WITH IMPROVED SPATIAL MODE 16

CHAPTER 4 VCSEL MARKET, BY COLOR SPECTRUM 19
INTRODUCTION 19
TABLE 2 GLOBAL VCSEL MARKET BY COLOR SPECTRUM, THROUGH 2018 ($
MILLIONS) 19
FIGURE 4 GLOBAL VCSEL MARKET BY COLORS, 2012-2018 ($ MILLIONS) 19
MARKET DYNAMICS 20
Drivers 20
Growing Applications of VCSELs in Infrared Illumination 20
Numerous Benefits Compared to Other Substitutes 20
Opportunity 21
Development of Blue and Green VCSELs 21
RED 21
TABLE 3 GLOBAL RED VCSEL MARKET BY APPLICATION, THROUGH 2018 ($
MILLIONS) 22
FIGURE 5 GLOBAL RED VCSEL MARKET BY APPLICATION, 2012-2018 ($ MILLIONS) 22
TABLE 4 GLOBAL RED VCSEL MARKET BY RAW MATERIAL, THROUGH 2018 ($
MILLIONS) 23
GREEN 23
TABLE 5 GLOBAL GREEN VCSEL MARKET BY APPLICATION, THROUGH 2018 ($
MILLIONS) 24
FIGURE 6 GLOBAL GREEN VCSEL MARKET BY APPLICATION, 2012-2018 ($
MILLIONS) 24
TABLE 6 GLOBAL GREEN VCSEL MARKET BY RAW MATERIAL, THROUGH 2018 ($
MILLIONS) 25
FIGURE 7 GLOBAL SHARES OF GREEN VCSEL BY RAW MATERIAL, 2012 AND 2018
(%) 25
BLUE-VIOLET 26
TABLE 7 GLOBAL BLUE-VIOLET VCSEL MARKET BY APPLICATION, THROUGH 2018 ($
MILLIONS) 26
FIGURE 8 GLOBAL BLUE-VIOLET VCSEL MARKET BY APPLICATION, 2012-2018 ($
MILLIONS) 26
TABLE 8 GLOBAL BLUE-VIOLET VCSEL MARKET BY RAW MATERIAL, THROUGH 2018
($ MILLIONS) 27
FIGURE 9 GLOBAL MARKET SHARES OF BLUE-VIOLET VCSELS BY RAW MATERIAL,
2012 AND 2018 (%) 27
INFRARED 29
TABLE 9 GLOBAL INFRARED VCSEL MARKET BY APPLICATION, THROUGH 2018 ($
MILLIONS) 29
FIGURE 10 GLOBAL INFRARED VCSEL MARKET BY APPLICATION, 2012-2018 ($
MILLIONS) 30
TABLE 10 GLOBAL INFRARED VCSEL MARKET BY RAW MATERIAL, THROUGH 2018
($ MILLIONS) 30
FIGURE 11 GLOBAL MARKET SHARE OF INFRARED VCSEL BY RAW MATERIAL, 2012
AND 2018 (%) 30
INFRARED VCSEL IMPORTANT PATENTS 32
Method of Manufacturing VCSEL Arrays Using Vapor Phase Epitaxy to
Achieve Uniform Device-to-Device Operating Characteristics 32
Biometric Authentication Device and Method 32
Reliable Near IR VCSEL 33
OTHER COLORS 33
TABLE 11 GLOBAL OTHER COLORS VCSEL MARKET BY APPLICATION, THROUGH
2018 ($ MILLIONS) 33
FIGURE 12 GLOBAL OTHER COLORS VCSEL MARKET BY APPLICATION, 2012-2018
($ MILLIONS) 34
CHAPTER 5 VCSEL MARKET, BY APPLICATIONS 36
INTRODUCTION 36
FIGURE 13 GLOBAL MARKET SHARE OF VCSEL BY APPLICATION, 2012 AND 2018 (%) 36
MARKET DYNAMICS 37
DRIVERS 37
Growing Demand of Gesture Recognition and 3D Sensing Technology
in Consumer Electronics Goods 37
Greater Precision and Efficiency in a Compact Form 38
High-Speed and Cost-Effective Solutions Boost Sales of VCSELs 38
KEY CHALLENGE 39
Sustaining the Increasing Demand of High-Speed Data Networks 39
OPPORTUNITY 39
Untapped Applications 39
OPTICAL FIBER DATA TRANSMISSION 39
TABLE 12 VCSELS USAGE IN OPTICAL FIBER DATA TRANSMISSION BY REGION,
THROUGH 2018 ($ MILLIONS) 40
FIGURE 14 VCSELS USAGE IN OPTICAL FIBER DATA TRANSMISSION BY REGION,
2012-2018 ($ MILLIONS) 40
IMPORTANT PATENTS FOR VCSELS IN OPTICAL FIBER DATA TRANSMISSION 41
Method for Storing Data Using VCSEL Device 41
PASSIVE Alignment Connection for Fiber Optics Incorporating VCSEL
Emitters 41
Testing Bottom-emitting VCSELs 42
ANALOG BROADBAND SIGNAL TRANSMISSION 43
TABLE 13 VCSEL USAGE IN ANALOG BROADBAND SIGNAL TRANSMISSION BY
REGION, THROUGH 2018 ($ MILLIONS) 43
FIGURE 15 VCSELS USAGE IN ANALOG BROADBAND SIGNAL TRANSMISSION BY
REGION, 2012-2018 ($ MILLIONS) 43
ABSORPTION SPECTROSCOPY (TDLAS) 44
TABLE 14 VCSEL USAGE IN ABSORPTION SPECTROSCOPY (TDLAS) BY REGION,
THROUGH 2018 ($ MILLIONS) 45
FIGURE 16 VCSELS USAGE IN ABSORPTION SPECTROSCOPY (TDLAS) BY REGION,
2012-2018 ($ MILLIONS) 45
LASER PRINTERS 46
TABLE 15 VCSEL USAGE IN LASER PRINTERS BY REGION, THROUGH 2018 ($
MILLIONS) 46
FIGURE 17 VCSELS USAGE IN LASER PRINTERS BY REGION, 2012-2018 ($ MILLIONS) 46
IMPORTANT PATENT FOR LASER PRINTERS USING VCSELS 47
Xerographic Printing System with VCSEL-Micro-optic Laser Printbar 47
COMPUTER MICE 48
TABLE 16 VCSEL USAGE IN COMPUTER MICE BY REGION, THROUGH 2018 ($
MILLIONS) 48
FIGURE 18 VCSELS USAGE IN COMPUTER MICE BY REGION, 2012-2018 ($ MILLIONS) 48
IMPORTANT PATENT FOR OPTICAL MOUSE USING VCSELS 49
Optical mouse using VCSELs 49
BIOLOGICAL TISSUE ANALYSIS 50
TABLE 17 VCSEL USAGE IN BIOLOGICAL TISSUE ANALYSIS BY REGION, THROUGH
2018 ($ MILLIONS) 51
FIGURE 19 VCSELS USAGE IN BIOLOGICAL TISSUE ANALYSIS BY REGION,
2012-2018 ($ MILLIONS) 51
IMPORTANT PATENT FOR BIOLOGICAL TISSUE ANALYSIS USING VCSELS 52
VCSEL Tissue Spectrometer 52
CHIP SCALE ATOMIC CLOCK 52
TABLE 18 VCSEL USAGE IN CHIP SCALE ATOMIC CLOCKS BY REGION, THROUGH
2018 ($ MILLIONS) 53
FIGURE 20 VCSELS USAGE IN CHIP SCALE ATOMIC CLOCKS BY REGION, 2012-2018
($ MILLIONS) 53
IMPORTANT PATENTS FOR CHIP SCALE ATOMIC CLOCK USING VCSELS 54
Chip-scale Atomic Clock with Two Thermal Zones 54
Design and Processes for Stabilizing a VCSEL in a Chip-scale Atomic
Clock 54
Designs and Processes for Thermally Stabilizing a Vertical Cavity
Surface Emitting Laser (VCSEL) in a Chip-scale Atomic Clock 55
OTHER APPLICATIONS 56
TABLE 19 VCSEL USAGE IN OTHER APPLICATIONS BY REGION, THROUGH 2018 ($
MILLIONS) 56
FIGURE 21 VCSELS USAGE IN OTHER APPLICATIONS BY REGION, 2012-2018 ($
MILLIONS) 56

CHAPTER 6 VCSEL MARKET BY RAW MATERIALS 59
FIGURE 22 GLOBAL MARKET SHARE OF VCSEL MARKET BY RAW MATERIAL, 2012
AND 2018 (%) 59
TABLE 20 GLOBAL MARKET SHARE OF VCSEL MARKET BY RAW MATERIAL,
THROUGH 2018 ($ MILLIONS) 60
MARKET DYNAMICS 60
DRIVERS 60
Increasing Demand of VCSELs for High-Volume Applications 61
Low-Cost Gallium Arsenide (GaAs) VCSELs 61
RESTRAINTS 61
High-Cost InP-based VCSELs 61
OPPORTUNITY 61
Blue and Green InGaN-based Vertical-Cavity Surface-Emitting Lasers 61
GALLIUM NITRIDE 62
TABLE 21 GAN-BASED VCSELS BY APPLICATION, THROUGH 2018 ($ MILLIONS) 62
IMPORTANT PATENTS FOR GAN VCSELS 62
Compact, all Solid-state, Avalanche Photodiode Emitter-Detector
Pixel with Electronically Selectable, Passive or Active Detection Mode,
for Large-scale, High resolution, Imaging Focal Plane Arrays
63
GaN Laser with Refractory Metal ELOG Masks for Intracavity Contact 63
GALLIUM ARSENIDE 64
TABLE 22 GAAS-BASED VCSELS BY APPLICATION, THROUGH 2018 ($ MILLIONS) 64
FIGURE 23 GLOBAL MARKET SHARE OF GAAS-BASED VCSEL MARKET BY
APPLICATION, 2012 AND 2018 (%) 65
IMPORTANT PATENTS OF GAAS VCSELS 66
Long Wavelength VCSEL 66
Long Wavelength VCSEL Active Region Using Sb in GaAsN Barrier
Layers and InGaAsN Quantum Wells 67
INDIUM PHOSPHIDE 68
TABLE 23 INP-BASED VCSELS BY APPLICATION, THROUGH 2018 ($ MILLIONS) 68
FIGURE 24 INP-BASED VCSELS BY APPLICATION, 2012-2018 ($ MILLIONS) 69
IMPORTANT PATENTS FOR INP VCSELS 69
InP Based Long Wavelength VCSEL 69
InP Based VCSEL with Zinc-doped Tunnel-junction and Diffusion
Blocking Layer 70
OTHER MATERIALS 71
TABLE 24 OTHER MATERIALS OF VCSELS BY APPLICATION, THROUGH 2018 ($
MILLIONS) 71

CHAPTER 7 VCSEL MARKET BY GEOGRAPHICAL REGION 74
INTRODUCTION 74
FIGURE 25 SEGMENTATION OF VCSEL MARKET BY REGION 74
MARKET SNAPSHOT 74
TABLE 25 VCSEL MARKET BY REGION, THROUGH 2018 ($ MILLIONS) 74
FIGURE 26 VCSEL MARKET BY REGION, 2012-2018 ($ MILLIONS) 75
NORTH AMERICA 75
MARKET SNAPSHOT 76
TABLE 26 NORTH AMERICAN VCSEL MARKET BY REGION, THROUGH 2018 ($
MILLIONS) 76
TABLE 27 NORTH AMERICAN VCSEL MARKET BY APPLICATION, THROUGH 2018 ($
MILLIONS) 76
TABLE 28 NORTH AMERICAN VCSEL MARKET BY COLOR SPECTRUM, THROUGH
2018 ($ MILLIONS) 77
TABLE 29 NORTH AMERICAN VCSEL MARKET BY RAW MATERIAL, THROUGH 2018
($ MILLIONS) 77
EUROPE 78
MARKET SNAPSHOT 78
TABLE 30 EUROPEAN VCSEL MARKET BY REGION, THROUGH 2018 ($ MILLIONS) 78
TABLE 31 EUROPEAN VCSEL MARKET BY APPLICATION, THROUGH 2018 ($
MILLIONS) 79
TABLE 32 EUROPEAN VCSEL MARKET BY COLOR SPECTRUM, THROUGH 2018 ($
MILLIONS) 79
TABLE 33 EUROPEAN VCSEL MARKET BY RAW MATERIAL, THROUGH 2018 ($
MILLIONS) 79
ASIA-PACIFIC 80
MARKET SNAPSHOT 80
TABLE 34 ASIA-PACIFIC VCSEL MARKET BY REGION, THROUGH 2018 ($ MILLIONS) 81
TABLE 35 ASIA-PACIFIC VCSEL MARKET BY APPLICATION, THROUGH 2018 ($
MILLIONS) 81
TABLE 36 ASIA-PACIFIC VCSEL MARKET BY COLOR SPECTRUM, THROUGH 2018 ($
MILLIONS) 82
TABLE 37 ASIA-PACIFIC VCSEL MARKET BY RAW MATERIAL, THROUGH 2018 ($
MILLIONS) 82
REST OF THE WORLD 82
MARKET SNAPSHOT 83
TABLE 38 ROW VCSEL MARKET BY REGION, THROUGH 2018 ($ MILLIONS) 83
TABLE 39 ROW VCSEL MARKET BY APPLICATION, THROUGH 2018 ($ MILLIONS) 83
TABLE 40 ROW VCSEL MARKET BY COLOR SPECTRUM, THROUGH 2018 ($
MILLIONS) 84
TABLE 41 ROW VCSEL MARKET BY RAW MATERIAL, THROUGH 2018 ($ MILLIONS) 84

CHAPTER 8 INDUSTRY STRUCTURE AND COMPETITIVE ANALYSIS 86
INDUSTRY STRUCTURE 86
INFLUENTIAL FACTORS 86
FIGURE 27 INDUSTRY REVENUE MODEL 86
FORECAST COMPONENTS 87
MARKET SHARE ANALYSIS 87
TABLE 42 MARKET SHARE ANALYSIS OF VCSELS, 2012–2013 (%/$ MILLIONS) 88
PORTER FIVE FORCES 88
FIGURE 28 PORTER FIVE FORCES FOR VCSELS 88
THREAT OF POTENTIAL COMPETITORS 89
THREAT FROM SUBSTITUTES 89
BARGAINING POWER OF SUPPLIERS 90
BARGAINING POWER OF BUYERS 90
INTENSITY OF COMPETITION RIVALRY 90

CHAPTER 9 COMPANY PROFILES 92
II-VI LASER ENTERPRISE GMBH 92
OVERVIEW 92
PRIMARY BUSINESS 92
FINANCIALS 92
STRATEGY 93
Promoting Sales through Participating in Exhibition 93
DEVELOPMENTS 93
TABLE 43 RECENT DEVELOPMENTS II-VI LASER ENTERPRISE GMBH 93
ALIGHT TECHNOLOGIES A/S 93
OVERVIEW 94
PRIMARY BUSINESS 94
FINANCIALS 94
BUSINESS STRATEGY 94
Strategic Expansion Through Acquisition 94
DEVELOPMENTS 95
TABLE 44 RECENT DEVELOPMENTS OF ALIGHT TECHNOLOGIES A/S 95
AVAGO TECHNOLOGIES 95
OVERVIEW 95
PRIMARY BUSINESS 95
FINANCIALS 95
BUSINESS STRATEGY 96
New Product Launches 96
DEVELOPMENTS 96
TABLE 45 RECENT DEVELOPMENTS OF AVAGO TECHNOLOGIES 96
FINISAR CORP. 96
OVERVIEW 97
PRIMARY BUSINESS 97
FINANCIALS 97
BUSINESS STRATEGY 97
Research and Development Initiatives 97
DEVELOPMENTS 98
TABLE 46 RECENT DEVELOPMENTS OF FINISAR CORP. 98
JDS UNIPHASE CORP. 98
OVERVIEW 98
PRIMARY BUSINESS 99
FINANCIALS 99
STRATEGY 99
Expanding Business Portfolio with Mergers and Acquisition 99
DEVELOPMENTS 99
TABLE 47 RECENT DEVELOPMENTS OF JDS UNIPHASE CORP. 99
LITRAX TECHNOLOGY CO., LTD. 100
OVERVIEW 100
PRIMARY BUSINESS 100
FINANCIALS 100
BUSINESS STRATEGY 100
Strategic Partnership 100
LOGITECH INTERNATIONAL SA 101
OVERVIEW 101
PRIMARY BUSINESS 101
FINANCIALS 101
STRATEGY 101
Innovation through Technological Advances 102
DEVELOPMENTS 102
TABLE 48 RECENT DEVELOPMENTS OF LOGITECH INTERNATIONAL 102
OPTOELECTRONICS COMPONENT AND APPLICATIONS GMBH 102
OVERVIEW 103
PRIMARY BUSINESS 103
FINANCIALS 103
BUSINESS STRATEGY 103
Striving to Maintain and Deliver Quality Products 103
PANASONIC CORP. 103
OVERVIEW 104
PRIMARY BUSINESS 104
FINANCIALS 104
STRATEGY 104
DEVELOPMENTS 105
TABLE 49 RECENT DEVELOPMENTS OF PANASONIC CORP. 105
PD-LD INC. 105
OVERVIEW 105
PRIMARY BUSINESS 105
FINANCIALS 106
BUSINESS STRATEGY 106
Focus on Maintaining Quality of Its Products 106
PHILIPS PHOTONICS 106
OVERVIEW 106
PRIMARY BUSINESS 106
FINANCIALS 107
BUSINESS STRATEGY 107
Research and Development Initiatives 107
RECENT DEVELOPMENTS 107
TABLE 50 RECENT DEVELOPMENTS OF PHILIPS PHOTONICS 107
PHOTODIGM INC. 107
OVERVIEW 107
PRIMARY BUSINESS 108
FINANCIALS 108
STRATEGY 108
Leveraging Research and Development across Different Markets 108
Strategic Expansion 108
DEVELOPMENTS 109
TABLE 51 RECENT DEVELOPMENTS OF PHOTODIGM INC. 109
PRINCETON OPTRONICS INC. 109
OVERVIEW 109
PRIMARY BUSINESS 110
FINANCIALS 110
STRATEGY 110
Innovation through Technological Advances 110
DEVELOPMENTS 110
TABLE 52 RECENT DEVELOPMENTS OF PRINCETON OPTRONICS INC. 110
SACHER LASERTECHNIK GMBH 111
OVERVIEW 111
PRIMARY BUSINESS 111
FINANCIALS 111
BUSINESS STRATEGY 112
Focusing on After-sale Services 112
SCHNEIDER ELECTRIC SA 112
OVERVIEW 112
PRIMARY BUSINESS 112
FINANCIALS 112
STRATEGY 113
Intensive Research and Development Activities 113
Acquisitions 113
Focus on Niche Market 113
DEVELOPMENTS 113
TABLE 53 RECENT DEVELOPMENTS OF SCHNEIDER ELECTRIC 113
SUMITOMO ELECTRIC INDUSTRIES LTD. 114
OVERVIEW 114
PRIMARY BUSINESS 114
FINANCIALS 114
BUSINESS STRATEGY 114
Research and Development Initiatives 114
RECENT DEVELOPMENTS 115
TABLE 54 RECENT DEVELOPMENTS OF PRINCETON SUMITOMO ELECTRIC
INDUSTRIES LIMITED 115
THORLABS INC. 115
OVERVIEW 115
PRIMARY BUSINESS 115
FINANCIALS 116
STRATEGY 116
Strategic Expansion 116
DEVELOPMENTS 116
TABLE 55 RECENT DEVELOPMENTS OF THORLABS INC. 116
VIXAR INC. 117
OVERVIEW 117
PRIMARY BUSINESS 117
FINANCIALS 117
STRATEGY 117
Leveraging Research and Development Activities Across Different
Products 117
Raising Funds through Venture Capital Investment 118
DEVELOPMENTS 118
TABLE 56 RECENT DEVELOPMENTS OF VIXAR INC. 118

LIST OF TABLES

SUMMARY TABLE GLOBAL MARKET FOR VCSELS BY APPLICATION, THROUGH 2018 ($
MILLIONS) 6
TABLE 1 COMPARISON BETWEEN MATRIX OF VCSELS AND EDGE EMITTERS 12
TABLE 2 GLOBAL VCSEL MARKET BY COLOR SPECTRUM, THROUGH 2018 ($
MILLIONS) 19
TABLE 3 GLOBAL RED VCSEL MARKET BY APPLICATION, THROUGH 2018 ($ MILLIONS) 22
TABLE 4 GLOBAL RED VCSEL MARKET BY RAW MATERIAL, THROUGH 2018 ($
MILLIONS) 23
TABLE 5 GLOBAL GREEN VCSEL MARKET BY APPLICATION, THROUGH 2018 ($
MILLIONS) 24
TABLE 6 GLOBAL GREEN VCSEL MARKET BY RAW MATERIAL, THROUGH 2018 ($
MILLIONS) 25
TABLE 7 GLOBAL BLUE-VIOLET VCSEL MARKET BY APPLICATION, THROUGH 2018 ($
MILLIONS) 26
TABLE 8 GLOBAL BLUE-VIOLET VCSEL MARKET BY RAW MATERIAL, THROUGH 2018
($ MILLIONS) 27
TABLE 9 GLOBAL INFRARED VCSEL MARKET BY APPLICATION, THROUGH 2018 ($
MILLIONS) 29
TABLE 10 GLOBAL INFRARED VCSEL MARKET BY RAW MATERIAL, THROUGH 2018 ($
MILLIONS) 30
TABLE 11 GLOBAL OTHER COLORS VCSEL MARKET BY APPLICATION, THROUGH 2018
($ MILLIONS) 33
TABLE 12 VCSELS USAGE IN OPTICAL FIBER DATA TRANSMISSION BY REGION,
THROUGH 2018 ($ MILLIONS) 40
TABLE 13 VCSEL USAGE IN ANALOG BROADBAND SIGNAL TRANSMISSION BY
REGION, THROUGH 2018 ($ MILLIONS) 43
TABLE 14 VCSEL USAGE IN ABSORPTION SPECTROSCOPY (TDLAS) BY REGION,
THROUGH 2018 ($ MILLIONS) 45
TABLE 15 VCSEL USAGE IN LASER PRINTERS BY REGION, THROUGH 2018 ($
MILLIONS) 46
TABLE 16 VCSEL USAGE IN COMPUTER MICE BY REGION, THROUGH 2018 ($
MILLIONS) 48
TABLE 17 VCSEL USAGE IN BIOLOGICAL TISSUE ANALYSIS BY REGION, THROUGH
2018 ($ MILLIONS) 51
TABLE 18 VCSEL USAGE IN CHIP SCALE ATOMIC CLOCKS BY REGION, THROUGH
2018 ($ MILLIONS) 53
TABLE 19 VCSEL USAGE IN OTHER APPLICATIONS BY REGION, THROUGH 2018 ($
MILLIONS) 56
TABLE 20 GLOBAL MARKET SHARE OF VCSEL MARKET BY RAW MATERIAL, THROUGH
2018 ($ MILLIONS) 60
TABLE 21 GAN-BASED VCSELS BY APPLICATION, THROUGH 2018 ($ MILLIONS) 62
TABLE 22 GAAS-BASED VCSELS BY APPLICATION, THROUGH 2018 ($ MILLIONS) 64
TABLE 23 INP-BASED VCSELS BY APPLICATION, THROUGH 2018 ($ MILLIONS) 68
TABLE 24 OTHER MATERIALS OF VCSELS BY APPLICATION, THROUGH 2018 ($
MILLIONS) 71
TABLE 25 VCSEL MARKET BY REGION, THROUGH 2018 ($ MILLIONS) 74
TABLE 26 NORTH AMERICAN VCSEL MARKET BY REGION, THROUGH 2018 ($
MILLIONS) 76
TABLE 27 NORTH AMERICAN VCSEL MARKET BY APPLICATION, THROUGH 2018 ($
MILLIONS) 76
TABLE 28 NORTH AMERICAN VCSEL MARKET BY COLOR SPECTRUM, THROUGH 2018
($ MILLIONS) 77
TABLE 29 NORTH AMERICAN VCSEL MARKET BY RAW MATERIAL, THROUGH 2018 ($
MILLIONS) 77
TABLE 30 EUROPEAN VCSEL MARKET BY REGION, THROUGH 2018 ($ MILLIONS) 78
TABLE 31 EUROPEAN VCSEL MARKET BY APPLICATION, THROUGH 2018 ($ MILLIONS) 79
TABLE 32 EUROPEAN VCSEL MARKET BY COLOR SPECTRUM, THROUGH 2018 ($
MILLIONS) 79
TABLE 33 EUROPEAN VCSEL MARKET BY RAW MATERIAL, THROUGH 2018 ($
MILLIONS) 79
TABLE 34 ASIA-PACIFIC VCSEL MARKET BY REGION, THROUGH 2018 ($ MILLIONS) 81
TABLE 35 ASIA-PACIFIC VCSEL MARKET BY APPLICATION, THROUGH 2018 ($
MILLIONS) 81
TABLE 36 ASIA-PACIFIC VCSEL MARKET BY COLOR SPECTRUM, THROUGH 2018 ($
MILLIONS) 82
TABLE 37 ASIA-PACIFIC VCSEL MARKET BY RAW MATERIAL, THROUGH 2018 ($
MILLIONS) 82
TABLE 38 ROW VCSEL MARKET BY REGION, THROUGH 2018 ($ MILLIONS) 83
TABLE 39 ROW VCSEL MARKET BY APPLICATION, THROUGH 2018 ($ MILLIONS) 83
TABLE 40 ROW VCSEL MARKET BY COLOR SPECTRUM, THROUGH 2018 ($ MILLIONS) 84
TABLE 41 ROW VCSEL MARKET BY RAW MATERIAL, THROUGH 2018 ($ MILLIONS) 84
TABLE 42 MARKET SHARE ANALYSIS OF VCSELS, 2012–2013 (%/$ MILLIONS) 88
TABLE 43 RECENT DEVELOPMENTS II-VI LASER ENTERPRISE GMBH 93
TABLE 44 RECENT DEVELOPMENTS OF ALIGHT TECHNOLOGIES A/S 95
TABLE 45 RECENT DEVELOPMENTS OF AVAGO TECHNOLOGIES 96
TABLE 46 RECENT DEVELOPMENTS OF FINISAR CORP. 98
TABLE 47 RECENT DEVELOPMENTS OF JDS UNIPHASE CORP. 99
TABLE 48 RECENT DEVELOPMENTS OF LOGITECH INTERNATIONAL 102
TABLE 49 RECENT DEVELOPMENTS OF PANASONIC CORP. 105
TABLE 50 RECENT DEVELOPMENTS OF PHILIPS PHOTONICS 107
TABLE 51 RECENT DEVELOPMENTS OF PHOTODIGM INC. 109
TABLE 52 RECENT DEVELOPMENTS OF PRINCETON OPTRONICS INC. 110
TABLE 53 RECENT DEVELOPMENTS OF SCHNEIDER ELECTRIC 113
TABLE 54 RECENT DEVELOPMENTS OF PRINCETON SUMITOMO ELECTRIC
INDUSTRIES LIMITED 115
TABLE 55 RECENT DEVELOPMENTS OF THORLABS INC. 116
TABLE 56 RECENT DEVELOPMENTS OF VIXAR INC. 118

LIST OF FIGURES

SUMMARY FIGURE GLOBAL MARKET FOR VCSELS BY APPLICATION, 2012-2018 ($
MILLIONS) 7
FIGURE 1 ROADMAP OF VCSELS, 1993-2010 9
FIGURE 2 VALUE CHAIN OF THE VCSEL INDUSTRY 10
FIGURE 3 SUPPLY CHAIN OF VCSEL INDUSTRY 11
FIGURE 4 GLOBAL VCSEL MARKET BY COLORS, 2012-2018 ($ MILLIONS) 19
FIGURE 5 GLOBAL RED VCSEL MARKET BY APPLICATION, 2012-2018 ($ MILLIONS) 22
FIGURE 6 GLOBAL GREEN VCSEL MARKET BY APPLICATION, 2012-2018 ($ MILLIONS) 24
FIGURE 7 GLOBAL SHARES OF GREEN VCSEL BY RAW MATERIAL, 2012 AND 2018 (%) 25
FIGURE 8 GLOBAL BLUE-VIOLET VCSEL MARKET BY APPLICATION, 2012-2018 ($
MILLIONS) 26
FIGURE 9 GLOBAL MARKET SHARES OF BLUE-VIOLET VCSELS BY RAW MATERIAL,
2012 AND 2018 (%) 27
FIGURE 10 GLOBAL INFRARED VCSEL MARKET BY APPLICATION, 2012-2018 ($
MILLIONS) 30
FIGURE 11 GLOBAL MARKET SHARE OF INFRARED VCSEL BY RAW MATERIAL, 2012
AND 2018 (%) 30
FIGURE 12 GLOBAL OTHER COLORS VCSEL MARKET BY APPLICATION, 2012-2018 ($
MILLIONS) 34
FIGURE 13 GLOBAL MARKET SHARE OF VCSEL BY APPLICATION, 2012 AND 2018 (%) 36
FIGURE 14 VCSELS USAGE IN OPTICAL FIBER DATA TRANSMISSION BY REGION,
2012-2018 ($ MILLIONS) 40
FIGURE 15 VCSELS USAGE IN ANALOG BROADBAND SIGNAL TRANSMISSION BY
REGION, 2012-2018 ($ MILLIONS) 43
FIGURE 16 VCSELS USAGE IN ABSORPTION SPECTROSCOPY (TDLAS) BY REGION,
2012-2018 ($ MILLIONS) 45
FIGURE 17 VCSELS USAGE IN LASER PRINTERS BY REGION, 2012-2018 ($ MILLIONS) 46
FIGURE 18 VCSELS USAGE IN COMPUTER MICE BY REGION, 2012-2018 ($ MILLIONS) 48
FIGURE 19 VCSELS USAGE IN BIOLOGICAL TISSUE ANALYSIS BY REGION, 2012-2018
($ MILLIONS) 51
FIGURE 20 VCSELS USAGE IN CHIP SCALE ATOMIC CLOCKS BY REGION, 2012-2018
($ MILLIONS) 53
FIGURE 21 VCSELS USAGE IN OTHER APPLICATIONS BY REGION, 2012-2018 ($
MILLIONS) 56
FIGURE 22 GLOBAL MARKET SHARE OF VCSEL MARKET BY RAW MATERIAL, 2012
AND 2018 (%) 59
FIGURE 23 GLOBAL MARKET SHARE OF GAAS-BASED VCSEL MARKET BY
APPLICATION, 2012 AND 2018 (%) 65
FIGURE 24 INP-BASED VCSELS BY APPLICATION, 2012-2018 ($ MILLIONS) 69
FIGURE 25 SEGMENTATION OF VCSEL MARKET BY REGION 74
FIGURE 26 VCSEL MARKET BY REGION, 2012-2018 ($ MILLIONS) 75
FIGURE 27 INDUSTRY REVENUE MODEL 86
FIGURE 28 PORTER FIVE FORCES FOR VCSELS 88