VCSEL, an industry driven by new functionalities in smartphone and automotive

“Today, up to three VCSEL dies can be integrated in a smartphone,” comments Sylvain Hallereau, Project Manager from System Plus Consulting. “3D recognition with the flood illuminator, the dot projector and the proximity sensor, all are based on VCSEL laser components. Already integrated in flagship smartphones, these functions will quickly find a home in all smartphones, causing a sharp increase in VCSEL demand.”

Therefore, the global VCSEL market should surpass US$3.7 billion by 2024, growing at a 31% CAGR between 2018 and 2024. The consumer market segment largely contributes to these impressive figure with a market value of US$3.4 billion by 2024. Behind the smartphone applications, the automotive sector with emerging 3D sensing functionalities is also playing a key role. Yole Développement (Yole) announces a 185% CAGR between 2018 and 2024 as well.

Yole Group of Companies, including Yole and System Plus Consulting releases this year two relevant reports focused on VCSEL technologies and its applications: VCSELs – Market and Technology Trends and VCSEL in Smartphone – Comparison, performed respectively by Yole and System Plus Consulting. This time again, both companies combined their market and technical expertise and revealed their vision of the VCSEL industry, technology status, players’ positioning and strategy of each of them, highlighting the direct link between each VCSEL type and its applications… Full article