Los Angeles, CA -- (SBWIRE) -- 09/12/2019 -- Optoelectronic components are electronic devices that are capable of producing light or reacting to it. Optoelectronic components include LEDs, image sensors, optocouplers, IR components, and laser diodes among others. These are widely used in sectors such as automotive, residential & commercial, consumer electronics, telecommunication, industrial, healthcare, and aerospace & defense.
The growing penetration of smartphones and tablets across the globe is leading to high growth in mobile data traffic across the globe and accounts for one of the primary factors for the growth in the optoelectronics market. The requirement for high Ethernet speed owing to the advancements in the fiber-based broadband internet connections is another essential factor influencing demand for optoelectronics. Technologies such as cloud-based applications, especially those used for data centers catering to several enterprises, which offers services to the internet-based technology firms such as Google and Facebook, have high demand. With the increasing role of optoelectronics in a massive amount of data transmission across the globe, the market will witness steady growth during the forecast period.
The global Optoelectronics market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Optoelectronics volume and value at global level, regional level and company level. From a global perspective, this report represents overall Optoelectronics market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
OSRAM Opto Semiconductors
Segment by Regions
Segment by Type
Infrared (IR) Component
Light-emitting diodes (LEDs)
Segment by Application
Residential and Commercial
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