Albany, NY -- (SBWIRE) -- 01/16/2017 -- Optoelectronics is the study of combined technology of electronic device and light. It is a sub-field of photonics. The study includes visible light as well as X-rays, gamma rays, ultra-violet (UV) rays, and infrared (IR) rays. Optoelectronic devices act as optical-to-electrical or electrical-to-optical transducers. LED, image sensors, optical switches, laser diodes, and optical isolators are some of the optoelectronics.

The global optoelectronics market to grow at a CAGR of 16.84% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global optoelectronics market for 2017-2021. To calculate the market size, the report considers the revenue generated from shipment of various optoelectronics used for various applications.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Optoelectronics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Cree
- GE Lighting
- LG Innotek
- Lumileds Lighting
- NICHIA
- OSRAM
- Samsung
- Seoul Semiconductor
- Sony
- Samsung Semiconductor
- OmniVision
- Canon
- ON Semiconductor
- Coherent
- IPG Photonics
- ROFIN-SINAR Technologies
- TRUMPF
- AC Photonics
- AFW Technologies
- Agiltron
- Aistana
- Corning (AFOP)
- DK Photonics Technology
- FOCI Fiber Optic Communications

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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