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Middle East & Africa Vertical Cavity Surface Emitting Laser (VCSEL) Market Forecast to 2030 - COVID-19 Impact and Regional Analysis - by Type (Single Mode and Multi-Mode), Material [(Gallium Arsenide (GAAS), Indium Phosphide (INP), Others)], Data Rate (Up to 10 GBPS, 10.1 to 25 GBPS, and Above 25 GBPS), Wavelength (Red, Near Infrared (NIR), and Short Wave Infrared (SWIR), Application (Sensing, Data Communication, Industrial Heating & Printing, and Others), and End-use Industry (Mobile & Consumer, Telecom & Infrastructure, Industrial, Defense & Aerospace, Medical, and Automotive & Mobility)
Market Report I 2023-08-21 I 133 Pages I The Insight Partners
The Middle East & Africa vertical cavity surface emitting laser market is expected to grow from US$ 63.09 million in 2023 to US$ 139.91 million by 2030. It is estimated to grow at a CAGR of 12.0% from 2023 to 2030.
Miniaturization in Electronics Fuel Middle East & Africa Vertical Cavity Surface Emitting Laser (VCSEL) Market
The miniaturization of electronic components plays an essential role in the electronic industry as it helps save space so that additional parts or technology can be integrated and reduce the overall size of consumer electronics, medical devices, and automobiles. For example, the free space can allow the incorporation of larger batteries without impacting the size of the electronic device. The miniaturization of electronics leads to less power consumption due to its small size and enhanced efficiency. Thus, the benefits of miniaturization are considered to surge its adoption in the electronics market in the future.
Players operating in the VCSEL industry are launching innovative products to support electronic components in miniature devices. In October 2022, TRUMPF added a multi-junction feature to its VCSEL array portfolio. This feature increases the output by three times compared to a normal VCSEL device. This multi-junction technology can support applications such as LiDAR in the automotives to have high-output power within limited space for object identification. Thus, the benefits of VCSEL products mentioned above will propel its demand for miniaturized electronics during the forecast period.
Middle East & Africa Vertical Cavity Surface Emitting Laser (VCSEL) Market Overview
The Middle East & Africa VCSEL market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. A few prominent industries across the region include consumer electronics, semiconductors, automotive, and telecommunications. The growing automotive industry in the MEA propels the demand for VCSELs in the region for the vehicle's inclusion of sensing technologies. According to the Managing Director of Nissan Middle East in March 2022, Nissan Middle East reported a 9.9% sales increase across the Gulf region in the three quarters of early 2021 compared to 2020. Thus, rising sales of automotive vehicles have increased the demand for VCSELs to support the development of VCSEL-powered automotive sensor technologies (such as cameras, image sensors, speed sensors, and temperature sensors), boosting the VCSEL market in the region.
Exhibit: Middle East & Africa Vertical Cavity Surface Emitting Laser (VCSEL) Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Vertical Cavity Surface Emitting Laser (VCSEL) Market Segmentation
The Middle East & Africa vertical cavity surface emitting laser market is segmented into type, material, data rate, wavelength, application, end-use industry, and country.
Based on type, the Middle East & Africa vertical cavity surface emitting laser market is segmented into single mode and multi-mode. The single mode segment held a larger share of the Middle East & Africa vertical cavity surface emitting laser market in 2023.
Based on material, the Middle East & Africa vertical cavity surface emitting laser market is segmented into Gallium Arsenide (GAAS), Indium Phosphide (INP), others. The Gallium Arsenide (GAAS) segment held the largest share of the Middle East & Africa vertical cavity surface emitting laser market in 2023.
Based on data rate, the Middle East & Africa vertical cavity surface emitting laser market is segmented into Up to 10 GBPS, 10.1 to 25 GBPS, and Above 25 GBPS. The above 25 GBPS segment held the largest share of the Middle East & Africa vertical cavity surface emitting laser market in 2023.
Based on wavelength, the Middle East & Africa vertical cavity surface emitting laser market is segmented into Red, Near Infrared (NIR), and Short-Wave Infrared (SWIR). The red segment held the largest share of the Middle East & Africa vertical cavity surface emitting laser market in 2023.
Based on application, the Middle East & Africa vertical cavity surface emitting laser market is segmented into sensing, data communication, industrial heating & printing, and others. The sensing segment held the largest share of the Middle East & Africa vertical cavity surface emitting laser market in 2023.
Based on end-use industry, the Middle East & Africa vertical cavity surface emitting laser market is segmented into mobile & consumer, telecom & infrastructure, industrial, defense & aerospace, medical, and automotive & mobility. The mobile & consumer segment held the largest share of the Middle East & Africa vertical cavity surface emitting laser market in 2023.
Based on country, the Middle East & Africa vertical cavity surface emitting laser market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the share of the Middle East & Africa vertical cavity surface emitting laser market in 2023.
ams-OSRAM AG; Broadcom Inc; Hamamatsu Photonics KK; Leonardo SpA; Lumentum Holdings Inc; and TRUMPF SE + Co KG are the leading companies operating in the Middle East & Africa vertical cavity surface emitting laser market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Middle East & Africa VCSEL Market - By Type
1.3.2 Middle East & Africa VCSEL Market - By Material
1.3.3 Middle East & Africa VCSEL Market - By Data Rate
1.3.4 Middle East & Africa VCSEL Market - By Wavelength
1.3.5 Middle East & Africa VCSEL Market - By Application
1.3.6 Middle East & Africa VCSEL Market - End-use Industry
1.3.7 Middle East & Africa VCSEL Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa VCSEL Market Landscape
4.1 Market Overview
4.2 Middle East & Africa PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Middle East & Africa VCSEL Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Adoption of VCSEL for 3D Sensing Applications
5.1.2 Emerging Telecommunication Industry
5.2 Market Restraints
5.2.1 Stringent Government Standard on VCSEL Use
5.3 Market Opportunities
5.3.1 Increasing Data Centers
5.4 Future Trends
5.4.1 Miniaturization in Electronics
5.5 Impact Analysis of Drivers and Restraints
6. VCSEL Market - Middle East & Africa Analysis
6.1 Middle East & Africa VCSEL Market Overview
6.2 Middle East & Africa VCSEL Market - Revenue and Forecast to 2030 (US$ Million)
7. Middle East & Africa VCSEL Market Analysis - By Type
7.1 Overview
7.2 Middle East & Africa VCSEL Market, By Type (2022 and 2030)
7.3 Single Mode
7.3.1 Overview
7.3.2 Single Mode: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
7.4 Multi-Mode
7.4.1 Overview
7.4.2 Multi-Mode: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
8. Middle East & Africa VCSEL Market Analysis - By Material
8.1 Overview
8.2 Middle East & Africa VCSEL Market, By Material (2022 and 2030)
8.3 Gallium Arsenide (GAAS)
8.3.1 Overview
8.3.2 Gallium Arsenide (GAAS): Middle East & Africa VCSEL Market- Revenue and Forecast to 2030 (US$ Million)
8.4 Indium Phosphide (INP)
8.4.1 Overview
8.4.2 Indium Phosphide (INP): Middle East & Africa VCSEL Market- Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Middle East & Africa VCSEL Market- Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa VCSEL Market Analysis - By Data Rate
9.1 Overview
9.2 Middle East & Africa VCSEL Market, By Data Rate (2022 and 2030)
9.3 Up to 10 GBPS
9.3.1 Overview
9.3.2 Up to 10 GBPS: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
9.4.1 to 25 GBPS
9.4.1 Overview
9.4.2.1 to 25 GBPS: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
9.5 Above 25 GBPS
9.5.1 Overview
9.5.2 Above 25 GBPS: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
10. Middle East & Africa VCSEL Market Analysis - By Wavelength
10.1 Overview
10.2 Middle East & Africa VCSEL Market, By Wavelength (2022 and 2030)
10.3 Red
10.3.1 Overview
10.3.2 Red: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
10.4 Near Infrared (NIR)
10.4.1 Overview
10.4.2 Near Infrared (NIR): Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
10.5 Short Wave Infrared (SWIR)
10.5.1 Overview
10.5.2 Short Wave Infrared (SWIR): Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
11. Middle East & Africa VCSEL Market Analysis - By Application
11.1 Overview
11.2 Middle East & Africa VCSEL Market, By Application (2022 and 2030)
11.3 Sensing
11.3.1 Overview
11.3.2 Sensing: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
11.4 Data Communication
11.4.1 Overview
11.4.2 Data Communication: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
11.5 Industrial Heating & Printing
11.5.1 Overview
11.5.2 Industrial Heating & Printing: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
11.6 Others
11.6.1 Overview
11.6.2 Others: Middle East & Africa VCSEL Market- Revenue and Forecast to 2030 (US$ Million)
12. Middle East & Africa VCSEL Market Analysis - By End-use Industry
12.1 Overview
12.2 Middle East & Africa VCSEL Market, By End-use Industry (2022 and 2030)
12.3 Mobile & Consumer
12.3.1 Overview
12.3.2 Mobile & Consumer: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
12.4 Telecom & Infrastructure
12.4.1 Overview
12.4.2 Telecom & Infrastructure: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
12.5 Industrial
12.5.1 Overview
12.5.2 Industrial: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
12.6 Defense & Aerospace
12.6.1 Overview
12.6.2 Defense & Aerospace: Middle East & Africa VCSEL Market- Revenue and Forecast to 2030 (US$ Million)
12.7 Medical
12.7.1 Overview
12.7.2 Medical: Middle East & Africa VCSEL Market- Revenue and Forecast to 2030 (US$ Million)
12.8 Automotive & Mobility
12.8.1 Overview
12.8.2 Automotive & Mobility: Middle East & Africa VCSEL Market- Revenue and Forecast to 2030 (US$ Million)
13. Middle East & Africa VCSEL Market - Country Analysis
13.1 Overview
13.1.1 Middle East & Africa VCSEL Market Breakdown, by Country
13.1.1.1 Saudi Arabia: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030
13.1.1.1.1 Saudi Arabia: Middle East & Africa VCSEL Market Breakdown, By Type
13.1.1.1.2 Saudi Arabia: Middle East & Africa VCSEL Market Breakdown, By Material
13.1.1.1.3 Saudi Arabia: Middle East & Africa VCSEL Market Breakdown, By Data Rate
13.1.1.1.4 Saudi Arabia: Middle East & Africa VCSEL Market Breakdown, By Wavelength
13.1.1.1.5 Saudi Arabia: Middle East & Africa VCSEL Market Breakdown, By Application
13.1.1.1.6 Saudi Arabia: Middle East & Africa VCSEL Market Breakdown, By End-use Industry
13.1.1.2 UAE: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030
13.1.1.2.1 UAE: Middle East & Africa VCSEL Market Breakdown, By Type
13.1.1.2.2 UAE: Middle East & Africa VCSEL Market Breakdown, By Material
13.1.1.2.3 UAE: Middle East & Africa VCSEL Market Breakdown, By Data Rate
13.1.1.2.4 UAE: Middle East & Africa VCSEL Market Breakdown, By Wavelength
13.1.1.2.5 UAE: Middle East & Africa VCSEL Market Breakdown, By Application
13.1.1.2.6 UAE: Middle East & Africa VCSEL Market Breakdown, By End-use Industry
13.1.1.3 South Africa: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030
13.1.1.3.1 South Africa: Middle East & Africa VCSEL Market Breakdown, By Type
13.1.1.3.2 South Africa: Middle East & Africa VCSEL Market Breakdown, By Material
13.1.1.3.3 South Africa: Middle East & Africa VCSEL Market Breakdown, By Data Rate
13.1.1.3.4 South Africa: Middle East & Africa VCSEL Market Breakdown, By Wavelength
13.1.1.3.5 South Africa: Middle East & Africa VCSEL Market Breakdown, By Application
13.1.1.3.6 South Africa: Middle East & Africa VCSEL Market Breakdown, By End-use Industry
13.1.1.4 Rest of Middle East & Africa: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030
13.1.1.4.1 Rest of Middle East & Africa: Middle East & Africa VCSEL Market Breakdown, By Type
13.1.1.4.2 Rest of Middle East & Africa: Middle East & Africa VCSEL Market Breakdown, By Material
13.1.1.4.3 Rest of Middle East & Africa: Middle East & Africa VCSEL Market Breakdown, By Data Rate
13.1.1.4.4 Rest of Middle East & Africa: Middle East & Africa VCSEL Market Breakdown, By Wavelength
13.1.1.4.5 Rest of Middle East & Africa: Middle East & Africa VCSEL Market Breakdown, By Application
13.1.1.4.6 Rest of Middle East & Africa: Middle East & Africa VCSEL Market Breakdown, By End-use Industry
14. Industry Landscape
14.1 Overview
14.2 Market Initiative
14.3 Product Development
14.4 Mergers & Acquisitions
15. Company Profiles
15.1 Lumentum Holdings Inc
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 TRUMPF SE + Co KG
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products and Services
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.2.6 Key Developments
15.3 Broadcom Inc
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Products and Services
15.3.4 Financial Overview
15.3.5 SWOT Analysis
15.3.6 Key Developments
15.4 ams-OSRAM AG
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.4.6 Key Developments
15.5 Hamamatsu Photonics KK
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.5.6 Key Developments
15.6 Leonardo SpA
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Products and Services
15.6.4 Financial Overview
15.6.5 SWOT Analysis
15.6.6 Key Developments
16. Appendix
16.1 About The Insight Partners
16.2 Word Index
LIST OF TABLES
Table 1. Middle East & Africa VCSEL Market - Revenue and Forecast to 2030 (US$ Million)
Table 2. Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Country (US$ Million)
Table 3. Saudi Arabia: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Type (US$ Million)
Table 4. Saudi Arabia: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Material (US$ Million)
Table 5. Saudi Arabia: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Data Rate (US$ Million)
Table 6. Saudi Arabia: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Wavelength (US$ Million)
Table 7. Saudi Arabia: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Application (US$ Million)
Table 8. Saudi Arabia: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By End-use Industry (US$ Million)
Table 9. UAE: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Type (US$ Million)
Table 10. UAE: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Material (US$ Million)
Table 11. UAE: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Data Rate (US$ Million)
Table 12. UAE: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Wavelength (US$ Million)
Table 13. UAE: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Application (US$ Million)
Table 14. UAE: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By End-use Industry (US$ Million)
Table 15. South Africa: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Type (US$ Million)
Table 16. South Africa: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Material (US$ Million)
Table 17. South Africa: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Data Rate (US$ Million)
Table 18. South Africa: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Wavelength (US$ Million)
Table 19. South Africa: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Application (US$ Million)
Table 20. South Africa: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By End-use Industry (US$ Million)
Table 21. Rest of Middle East & Africa: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Type (US$ Million)
Table 22. Rest of Middle East & Africa: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Material (US$ Million)
Table 23. Rest of Middle East & Africa: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Data Rate (US$ Million)
Table 24. Rest of Middle East & Africa: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Wavelength (US$ Million)
Table 25. Rest of Middle East & Africa: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By Application (US$ Million)
Table 26. Rest of Middle East & Africa: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 - By End-use Industry (US$ Million)
Table 27. List of Abbreviation
LIST OF FIGURES
Figure 1. Middle East & Africa VCSEL Market Segmentation
Figure 2. Middle East & Africa VCSEL Market Segmentation - By Country
Figure 3. Middle East & Africa VCSEL Market Overview
Figure 4. Multi-Mode Segment held the Largest Share of Middle East & Africa VCSEL Market
Figure 5. Saudi Arabia to Show Great Traction During Forecast Period
Figure 6. Middle East & Africa: PEST Analysis
Figure 7. Expert Opinion
Figure 8. Middle East & Africa VCSEL Market Impact Analysis of Drivers and Restraints
Figure 9. Middle East & Africa VCSEL Market - Revenue and Forecast to 2030 (US$ Million)
Figure 10. Middle East & Africa VCSEL Market Revenue Share, By Type (2022 and 2030)
Figure 11. Single Mode: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 12. Multi-Mode: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 13. Middle East & Africa VCSEL Market Revenue Share, By Material (2022 and 2030)
Figure 14. Gallium Arsenide (GAAS): Middle East & Africa VCSEL Market- Revenue and Forecast to 2030 (US$ Million)
Figure 15. Indium Phosphide (INP): Middle East & Africa VCSEL Market- Revenue and Forecast to 2030 (US$ Million)
Figure 16. Others: Middle East & Africa VCSEL Market- Revenue and Forecast to 2030 (US$ Million)
Figure 17. Middle East & Africa VCSEL Market Revenue Share, By Data Rate (2022 and 2030)
Figure 18. Up to 10 GBPS: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 19..1 to 25 GBPS: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 20. Above 25 GBPS: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 21. Middle East & Africa VCSEL Market Revenue Share, By Wavelength (2022 and 2030)
Figure 22. Red: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 23. Near Infrared (NIR): Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 24. Short Wave Infrared (SWIR): Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 25. Middle East & Africa VCSEL Market Revenue Share, By Application (2022 and 2030)
Figure 26. Sensing: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 27. Data Communication: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 28. Industrial Heating & Printing: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 29. Others: Middle East & Africa VCSEL Market- Revenue and Forecast to 2030 (US$ Million)
Figure 30. Middle East & Africa VCSEL Market Revenue Share, By End-use Industry (2022 and 2030)
Figure 31. Mobile & Consumer: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 32. Telecom & Infrastructure: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 33. Industrial: Middle East & Africa VCSEL Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 34. Defense & Aerospace: Middle East & Africa VCSEL Market- Revenue and Forecast to 2030 (US$ Million)
Figure 35. Medical: Middle East & Africa VCSEL Market- Revenue and Forecast to 2030 (US$ Million)
Figure 36. Automotive & Mobility: Middle East & Africa VCSEL Market- Revenue and Forecast to 2030 (US$ Million)
Figure 37. Middle East & Africa VCSEL Market, by Key Country -Revenue (2022) (US$ Million)
Figure 38. Middle East & Africa VCSEL Market Breakdown, by Country, 2022 & 2030 (%)
Figure 39. Saudi Arabia: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 (US$ Million)
Figure 40. UAE: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 (US$ Million)
Figure 41. South Africa: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 (US$ Million)
Figure 42. Rest of Middle East & Africa: Middle East & Africa VCSEL Market, Revenue and Forecast to 2030 (US$ Million)
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