Middle East & Africa Vertical Cavity Surface Emitting Laser Market Forecast to 2030 - COVID-19 Impact and Regional Analysis - by Type, Material, Data Rate, Wavelength, Application, and End-use Industry

Description

List of Tables

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.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa vertical cavity surface emitting laser market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa vertical cavity surface emitting laser market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution

Product Code: BMIRE00028734

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