The Insight Partners adds: “VCSEL for the datacom market Forecast to 2027 – Impact of COVID-19 and Global Analysis by Type (single mode, multi-mode); Material (Gallium Nitride, Gallium Arsenide, Indium Phosphide, Other)”, the market was valued at US$284.05 million in 2019 and is projected to reach US$1,135.68 million by 2027; it is expected to grow at a CAGR of 19.7% from 2020 to 2027. The report highlights the key factors driving the market growth as well as prominent players and their developments in the market.

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Key Recent Developments: VCSEL for the datacom market

• In 2019, TRUMPF completed the takeover of Photonics GmbH from Philips. On the same day, the company formed a new company called TRUMPF Photonic Components. Through this acquisition, TRUMPF intends to gain access to the VCSEL diode segment, which is intended to further complement the company’s existing high-power diode laser business.
• In 2019, II-VI Incorporated released its 56Gb/s PAM4 VCSEL arrays for short-reach 400 Gigabit Ethernet (GbE) transceivers and active optical cables (AOCs) for data center deployments. The availability of Ethernet devices with more than 12 Tb/s switching capacity makes it easier for hyperscale data centers to accelerate the migration from 100GbE to 400GbE transmission speeds.

Extension of the range of applications through continuous technological improvement

The VCSEL-based products continue to attract notable investments from several international market players and visionaries to capitalize on the commercial space for this technology in various industry verticals. As a result, significant investment has been made in building state-of-the-art production and manufacturing facilities for these products in both developed and developing countries….