수직 공진 표면 발광 레이저(VCSEL) 시장 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the vertical cavity surface-emitting laser market size was USD 2.94 billion in 2026 and is projected to reach USD 6.91 billion by 2031, growing at an 18.64% CAGR.

This report is Segmented by Wavelength (Red, Near-Infrared, Shortwave-Infrared), Die Size (0. 02-0. 06 Mm2, 0. 06-0. 4 Mm2, 0. 4-1. 3 Mm2, 1. 0-7. 5 Mm2), End-User Industry (Telecom, Mobile and Consumer, Automotive, Medical, Industrial, Aerospace and Defense), Application (Datacom, Iris Scan, ADAS LiDAR, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Global Vertical Cavity Surface Emitting Laser Market Trends and Insights

Surging Adoption of VCSEL-Based Optical Links in AI-Optimized Hyperscale Data Centers

Hyperscale operators are upgrading from 100 gigabit to 200 gigabit lanes to satisfy east-west traffic that scales 4.2 times faster than traditional cloud workloads. Two-dimensional 64-emitter arrays now deliver 1.6 terabit throughput per module, reducing transceiver cost by 18% per gigabit and lowering power draw to 3.8 watts per terabit compared to silicon-photonics alternatives. Front-panel modules are giving way to co-packaged optics that seat VCSEL dies on switch ASICs, cutting hop latency by 12 nanoseconds and driving preference for short-reach multimode links. As Microsoft Azure and other providers strive to achieve power-usage-effectiveness ratios below 1.15, the efficiency advantage of VCSELs bolsters the vertical cavity surface-emitting laser market. Capital-intensive fabs funded by CHIPS Act grants ensure local supply security and accelerate product qualification cycles.

Rapid Integration of 3D Sensing VCSEL Arrays in Flagship and Mid-Tier Smartphones

Smartphone brands have pushed 940-nanometer flood illuminators into devices priced under USD 400, doubling the addressable unit base between 2024 and 2027. New dot projectors exceed 1.2 watts peak power yet unlock faces in under 0.4 seconds under bright sunlight. Compact 2.4 mm X 3.2 mm monolithic modules shave 34% board space, easing adoption in foldable hinges and wearables. Depth-map quality supports on-device AR filters and gesture navigation, while cross-industry volumes with automotive cabin cameras erode die cost by USD 0.14 annually. The use case breadth sustains double-digit growth for the vertical cavity surface-emitting laser market, even as overall smartphone shipments plateau.

Limited Yield for InP-Based VCSEL Epitaxy Constrains Long-Wave Supply

Defect densities in indium phosphide wafers remain 2.3 times higher than those in gallium arsenide, suppressing yield and keeping die costs USD 1.80 above those of 940-nanometer equivalents, a burden for price-sensitive consumer gadgets. Substrate prices average USD 420 for a 3-inch wafer, while metal-organic chemical vapor deposition reactors run at only 68% utilization, far from scale economies. Planned expansions worth USD 48 million will not reach full output until late 2027, prolonging shortages for under-display sensors and long-reach datacom links. The bottleneck temporarily hinders the otherwise robust growth of the vertical cavity surface-emitting laser market.

Other drivers and restraints analyzed in the detailed report include:

1. Transition to Long-Wavelength 1.3 µm VCSELs Enabling Under-Display Biometric Modules
2. Multi-Junction VCSELs Powering High-Resolution Solid-State LiDAR for ADAS
3. Short Optical Reach Versus Silicon Photonics in Next-Generation Data Centers

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Near-infrared devices, ranging from 750 nanometers to 1,400 nanometers, controlled 56.72% of the revenue in 2025, an anchor segment for datacom transceivers and smartphone depth cameras. Shortwave-infrared emitters between 1,400 nanometers and 3,000 nanometers are expanding at a 19.37% CAGR due to looser IEC 60825 limits that allow 10 times higher optical power, a game-changer for cabin monitoring systems that must scan beyond 1.2 meters without triggering retinal-hazard warnings.

Lumentum documented 34% year-over-year growth in shortwave-infrared shipments in 2025, with automotive tier-1 suppliers integrating 1,550-nanometer arrays into head-up displays. Red wavelengths below 750 nanometers continue to fade as optical mice give way to capacitive interfaces. Bifurcated supply chains emerge: gallium arsenide fabs prioritize high-volume orders for 850 nanometer and 940 nanometer, while indium phosphide specialists chase automotive and medical margins, collectively reshaping the vertical cavity surface-emitting laser market.

The footprints of 0.06-0.4 mm2 held a 39.14% share in 2025, as they balance thermal load with facial-recognition performance inside smartphones. To meet the 8 kW/cm2 irradiance threshold required for a 200-meter LiDAR, formats ranging from 1.0 to 7.5 mm2 are witnessing an impressive annual growth rate of 19.61%. This growth is driven by the increasing demand for high-performance LiDAR systems in applications such as autonomous vehicles, robotics, and advanced mapping technologies, where precise and efficient sensing capabilities are critical.

ams OSRAM now ships 3.5 mm2 multi-junction arrays that reach 100-watt peaks for mid-range passenger cars. TRUMPF's 7.2 mm2 dies demonstrated 400-watt bursts, although limited to 0.8% duty cycles, prompting the implementation of microchannel cooling programs. Larger die areas yield 72% versus 88% for mid-sizes, prompting fabrication-line analytics to mitigate scrap. The scale shift highlights how ADAS adoption reconfigures revenue pools within the vertical cavity surface-emitting laser market.

Complete Report Scope:

• By Wavelength
  • Red (650-750 nm)
  • Near-Infrared (750-1400 nm)
  • Shortwave-Infrared (1400-3000 nm)
• By Die Size
  • 0.02 - 0.06 mm2
  • 0.06 - 0.4 mm2
  • 0.4 - 1.3 mm2
  • 1.0 - 7.5 mm2
• By End-User Industry
  • Telecom
  • Mobile and Consumer
  • Automotive
  • Medical
  • Industrial
  • Aerospace and Defense
• By Application
  • Datacom
  • Facial Recognition and Depth Camera
  • Gesture Recognition
  • Proximity Sensing
  • Laser Autofocus
  • Iris Scan
  • Medical Diagnostics
  • ADAS LiDAR
  • Industrial Processing
  • Optical Mouse
  • Other Application
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • Middle East and Africa
    • Middle East
      • Saudi Arabia
      • United Arab Emirates
      • Rest of Middle East
    • Africa
      • South Africa
      • Egypt
      • Rest of Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Geography Analysis

In 2025, the Asia-Pacific region commanded a dominant 35.77% share, buoyed by Taiwanese and Japanese epitaxial fabs running at an impressive 82% utilization rate. This strong performance highlights the region's pivotal role in the global semiconductor market, driven by advancements in manufacturing capabilities and robust demand for cutting-edge technologies. Meanwhile, China's CNY 28 billion investment in its compound semiconductor fund is strategically targeting self-sufficiency in 850-nanometer and 940-nanometer technologies by 2027, reflecting the country's commitment to reducing reliance on imports and strengthening its domestic semiconductor ecosystem.

Coherent and Lumentum have expanded in North America, bolstered by USD 1.8 billion in CHIPS Act grants, which mitigate supply risks for hyperscalers by ensuring a more stable and secure supply chain. This funding supports the development of advanced photonics technologies critical for hyperscale data centers. Meanwhile, Europe, centered in Germany's photonics belt, benefits from its closeness to automotive tier-1 plants, which not only reduces VCSEL lead times from 14 weeks to just 9 but also enhances collaboration opportunities with key automotive manufacturers, fostering innovation in photonics applications.

Sovereign funds are increasingly investing in hyperscale campuses in Saudi Arabia and the UAE, driving a projected 19.73% CAGR in the Middle East and Africa. These investments aim to support the training of localized large-language models, which are critical for advancing regional technological capabilities. Additionally, geographic diversification is playing a key role in mitigating political supply chain risks, thereby strengthening the global vertical cavity surface-emitting laser market and ensuring its resilience against geopolitical uncertainties.

1. Coherent Corporation
2. Lumentum Operations LLC
3. ams OSRAM AG
4. TRUMPF Group
5. Broadcom Inc.
6. Hamamatsu Photonics KK
7. HLJ Technology Co. Ltd
8. Teledyne FLIR Systems Inc.
9. Vertilite Inc.
10. Leonardo Electronics US
11. Santec Corporation
12. IQE plc
13. WIN Semiconductors Corp.
14. Bandwidth10 Inc.
15. VERTILAS GmbH
16. Ushio America Inc.
17. Inneos LLC
18. Frankfurt Laser Company
19. Alight Technologies ApS

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Surging Adoption of VCSEL-Based Optical Links in AI-Optimized Hyperscale Data Centers
  • 4.2.2 Rapid Integration of 3D Sensing VCSEL Arrays in Flagship and Mid-Tier Smartphones
  • 4.2.3 Transition to Long-Wavelength (1.3 µm) VCSELs Enabling Under-Display Biometric Modules
  • 4.2.4 Multi-Junction VCSELs Powering High-Resolution Solid-State LiDAR for ADAS
  • 4.2.5 GaN-on-Si VCSEL Platforms Lowering Cost per Emitter and Expanding Visible-Light Markets
  • 4.2.6 Government-Backed Semiconductor Reshoring Incentives Accelerating New VCSEL Fabs
• 4.3 Market Restraints
  • 4.3.1 Limited Yield for InP-Based VCSEL Epitaxy Constrains Long-Wave Supply
  • 4.3.2 Short Optical Reach Versus Silicon Photonics in Next-Gen Data-Center Architectures
  • 4.3.3 IP Concentration Raises Licensing Costs for Emerging VCSEL Suppliers
  • 4.3.4 Tight Eye-Safety Regulations Cap Output Power in Automotive Cabin Applications
• 4.4 Industry Value Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Intensity of Competitive Rivalry
• 4.8 Impact of Macroeconomic Factors on the Market
• 4.9 Patent Landscape
• 4.10 Material Trend Analysis

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Wavelength
  • 5.1.1 Red (650-750 nm)
  • 5.1.2 Near-Infrared (750-1400 nm)
  • 5.1.3 Shortwave-Infrared (1400-3000 nm)
• 5.2 By Die Size
  • 5.2.1 0.02 - 0.06 mm2
  • 5.2.2 0.06 - 0.4 mm2
  • 5.2.3 0.4 - 1.3 mm2
  • 5.2.4 1.0 - 7.5 mm2
• 5.3 By End-User Industry
  • 5.3.1 Telecom
  • 5.3.2 Mobile and Consumer
  • 5.3.3 Automotive
  • 5.3.4 Medical
  • 5.3.5 Industrial
  • 5.3.6 Aerospace and Defense
• 5.4 By Application
  • 5.4.1 Datacom
  • 5.4.2 Facial Recognition and Depth Camera
  • 5.4.3 Gesture Recognition
  • 5.4.4 Proximity Sensing
  • 5.4.5 Laser Autofocus
  • 5.4.6 Iris Scan
  • 5.4.7 Medical Diagnostics
  • 5.4.8 ADAS LiDAR
  • 5.4.9 Industrial Processing
  • 5.4.10 Optical Mouse
  • 5.4.11 Other Application
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Russia
    • 5.5.2.5 Rest of Europe
  • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 South Korea
    • 5.5.3.5 Australia
    • 5.5.3.6 Rest of Asia-Pacific
  • 5.5.4 Middle East and Africa
    • 5.5.4.1 Middle East
      • 5.5.4.1.1 Saudi Arabia
      • 5.5.4.1.2 United Arab Emirates
      • 5.5.4.1.3 Rest of Middle East
    • 5.5.4.2 Africa
      • 5.5.4.2.1 South Africa
      • 5.5.4.2.2 Egypt
      • 5.5.4.2.3 Rest of Africa
  • 5.5.5 South America
    • 5.5.5.1 Brazil
    • 5.5.5.2 Argentina
    • 5.5.5.3 Rest of South America

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, and Recent Developments)
  • 6.4.1 Coherent Corporation
  • 6.4.2 Lumentum Operations LLC
  • 6.4.3 ams OSRAM AG
  • 6.4.4 TRUMPF Group
  • 6.4.5 Broadcom Inc.
  • 6.4.6 Hamamatsu Photonics KK
  • 6.4.7 HLJ Technology Co. Ltd
  • 6.4.8 Teledyne FLIR Systems Inc.
  • 6.4.9 Vertilite Inc.
  • 6.4.10 Leonardo Electronics US
  • 6.4.11 Santec Corporation
  • 6.4.12 IQE plc
  • 6.4.13 WIN Semiconductors Corp.
  • 6.4.14 Bandwidth10 Inc.
  • 6.4.15 VERTILAS GmbH
  • 6.4.16 Ushio America Inc.
  • 6.4.17 Inneos LLC
  • 6.4.18 Frankfurt Laser Company
  • 6.4.19 Alight Technologies ApS

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment