Optoelectronics Market Opportunities, Revenue Analysis and - Forecasts from 2018 to 2023

Market Highlights:

Optoelectronics is a discipline that refers to the study, design, and manufacture of hardware devices which convert electrical signals into photon signals and vice versa. The light often includes invisible forms of radiation such as gamma rays, X-rays, ultraviolet and infrared, in addition to the visible light. In general, optoelectronic devices are electrical-to-optical or optical-to-electrical transducers or instruments that use light-based components in their operation. Optoelectronics is at a crossroad of optical-communication, optical-storage, and optical imaging industries. The cost of transmission is expected to reduce as the reach of internet and data centers expands.

The increased use of infrared components in consumer electronics like cameras, thermal imaging systems, in automobile positioning sensors and many others are primarily driving the market for global optoelectronics. Also, the technological advancements in the area of LEDs are fuelling the market growth. However, high raw material cost and rapidly surfacing substitutes can threaten the market and hinder the growth.

In March 2018, Samsung Electronics, a global leader in digital component solutions has achieved the highest light efficacies for its fillet-enhanced chip-scale package LED line up – LM101B, LH181B, and LH231B. The LEDs are based on Samsung’s CSP technology which is capable of building titanium oxide walls on the surface of the chip resulting direct light output. With chip’s small form factor and reduced cross-talk, these devices can be deployed in spotlighting applications. The CSP LED differs from a normal LED in size, cost and emitting power. Samsung also made the LM101B series LEDs to mount on to other mid-power CSP LEDs easily, by modifying the electrode pad.

Key players:

Some of the key players in the global optoelectronics market are Cree, Inc. (U.S.), Osram Licht AG (Germany), Vishay Intertechnology, Inc. (U.S.), ON Semiconductor (U.S.), OmniVision Technologies, Inc. (U.S.), Sony Corporation (Japan), Sharp Corporation (Japan), Samsung Electronics Co., Ltd. (South Korea), Koninklijke Philips N.V. (the Netherlands), General Electric Company (U.S.).

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Regional Analysis:

By geography, the market is studied in North America, Europe, Asia Pacific and rest of the world. Among these regions, the market is majorly dominated by Asia Pacific at present due to a higher concentration of key players in countries like China, Japan, and South Korea. Due to this, major contribution is made by Japan, particularly in the development of energy efficient optoelectronic components.

On the other hand, Europe is expected to show a decent market growth concerning the optoelectronics market. The demand for optocouplers across various industries like healthcare and automotive are pushing the demand for global optoelectronics. However, the North America region is expected to show a significant growth throughout the forecast period. Rising demand for energy efficient LEDs and rising usage of LCDs are driving the market in this region. The demand for consumer electronics across the developed countries like U.S. is driving the market in this region.

Segmentation:

The global optoelectronics market is segmented on the basis of the component, light source, industry, and region. On the basis of the component, the segment is further classified into LED, laser diodes, infrared components, optocouplers, image sensors, Optoelectronics cells and many others. On the basis of the light source, the segment is further classified into ultraviolet, infrared, X-rays, and visible light. On the basis of industry, the segment is further classified into healthcare, automotive, telecommunication, consumer electronics, aerospace and defense and many others. On the basis of region, the market is studied for North America, Europe, Asia Pacific and rest of the world.

Intended Audience:

Technology investors
OEM
Optoelectronics equipment manufacturers
Research Organizations
Integrators
Telecommunication providers
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TABLE OF CONTENTS

1 Executive Summary

2 The Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

Continued…

TABLE OF CONTENTS

1 Executive Summary

2 The Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

Continued…

LIST OF TABLES

Table 1 Global Optoelectronics Market: By Region, 2017-2023

Table 2 North America Optoelectronics Market: By Country, 2017-2023

Table 3 Europe Optoelectronics Market: By Country, 2017-2023

Table 4 Asia Pacific Optoelectronics Market: By Country, 2017-2023

Table 5 The Middle East & Africa Optoelectronics Market: By Country, 2017-2023

Continued…

LIST OF FIGURES

FIGURE 1 Global Optoelectronics Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis Of Global Optoelectronics Market

FIGURE 4 Value Chain Of Global Optoelectronics Market

FIGURE 5 Share Of Global Optoelectronics Market In 2017, By Country (In %)

Continued…

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