HOME Research Insight Broadcom Limited and Finisar Corporation (U.S.) are Major Players in VCSEL Market

Broadcom Limited and Finisar Corporation (U.S.) are Major Players in VCSEL Market

The growing demand for VCSELs in automotive, consumer electronics, data communication, industrial and healthcare sectors can be attributed to their capability to offer high-output power, better operational efficiency, compact size, and low cost. This is expected to drive the growth of this market, globally. The global VCSEL market is expected to grow at a CAGR of 17.3 % during the forecast period. The VCSEL market includes key players such as Broadcom Limited (U.S.), Finisar Corporation (U.S.), Lumentum Holdings Inc. (U.S.), Royal Philips (Netherlands), and II-VI Incorporated (U.S.), among others.

Broadcom Limited is one of the major players in the VCSEL market. It is known as the major global supplier of analog, mixed signal, and optoelectronic components with an emphasis in III-V compound semiconductor design and processing. In February 2016, Avago Technologies acquired Broadcom Corp. which led to the formation of Broadcom Limited (U.S.).  By integrating the products and technology of Broadcom, Avago changed its name to Broadcom Limited and would strive to be a leader in communications semiconductors. Broadcom offers a wide range of products in the optical data communication market, such as fiber-optic transceivers, embedded optical modules, and adaptive optical cables. The company majorly focuses on intellectual property and new product developments. With the recent update on VCSEL shipments, the company shipped more than 1 Million channels of 25G VCSEL devices and extended its leadership in the enterprise optical networking market. The company primarily operates in China, the U.S., Germany, South Korea, and Singapore.

Finisar Corporation (U.S.) is another major player in the VCSEL ecosystem and continues to stay ahead in commercial applications of VCSELs. The company is known for supplying optical components and subsystems which are mostly used in applications such as data communication and telecommunication. The company is involved in innovating, developing, and launching new products to maintain technological and industrial competitiveness. The VCSEL technology offered by the company is easy to use and has helped original equipment manufacturers (OEMs) to modify VCSEL arrays according to required applications. The company is also involved in expansions to add vital products, maintain supplier relations, satisfy customer needs, and improve manufacturing abilities. For instance, in 2013, the company opened manufacturing facilities in Ipoh, Malaysia and Wuxi, China to leverage the advantage of low labor cost. The company’s in-house packaging, lower-cost manufacturing resources, and new technologies are the important factors that have contributed to their low-cost product offerings.

The other companies involved in this market include Lumentum Holdings Inc. (U.S.), Royal Philips Electronics N.V. (Netherlands), II-VI Incorporated (U.S.), IQE PLC (U.K.), Vertilas GmbH (Germany), Princeton Optronics (U.S.), and Santec Corporation (Japan), among others.

Related Reports:

VCSEL Market by Type (Single Mode VCSEL and Multimode VCSEL), Application (Data Communication, Sensing, Infrared Illumination, Pumping, Industrial Heating, and Emerging Applications) End users, and Geography - Global Forecast to 2022

UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support

US : 1-888-600-6441

Search reports