“This figure should reach more than US$5B by 2024 with a 13% CAGR between 2018 and 2024”, comments Martin Vallo, PhD., Technology & Market Analyst at Yole. “Indeed the growth is still driven by the optical communication market segment with optical systems for datacom and telecom. It is today the largest EELs segment with 56% of the total revenue in 2018.” However, some killer applications emerge in parallel…
The market research and strategy consulting company Yole pursues its investigations towards the SSL world. Analysts combine their expertise from materials to devices including equipment to get a deep understanding of this industry and the status of the technologies. They perform valuable photonic technology and market reports to identify technical breakthroughs and business opportunities. VCSEL, GaAs and EEL are part of the collection of reports proposed by Yole today….
“EELs are showing different functionalities: they can be used a “direct” lasers or coupled with optical fibers or crystals to make fibre-lasers or DPSSLs”, details Martin Vallo from Yole. “As a consequence number of applications is impressive. Optical communication, material processing, medical, sensing, printing, display, optical storage and lighting… all market segments have been deeply analyzed in this new EEL report”... Full article