Veytics Intelligence
2026-10-08 · Yahoo

VCSEL Market to Reach US$1.96 Billion by 2032 at 8.8% CAGR, Driven by AI Data Centers and 3D Sensing in Smartphones

Company Logo Up from US$1.18 billion in 2026, with near-infrared VCSELs leading and automotive growing fastest. Key players include Coherent, Lumentum, ams-OSRAM, TRUMPF and Broadcom. Dublin, Oct. 08, 2026 (GLOBE NEWSWIRE) -- "VCSEL Market by Type, Wavelength, Material, and Vertical - Global Forecast to 2032" has been added to ResearchAndMarkets.com's offering. The global VCSEL market is estimated to be valued at USD 1.18 billion in 2026 and is projected to reach USD 1.96 billion by 2032, registering a CAGR of 8.8% during the forecast period. Market growth is primarily supported by the increasing integration of VCSEL-based sensing components into smartphones, tablets, wearable devices, smart home products, and other consumer electronics.

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