$93.5 Billion Optoelectronic Components Market - Global Forecasts from 2018 to 2023 - ResearchAndMarkets.com
The "Optoelectronic
Components Market - Forecasts from 2018 to 2023" report has
been added to ResearchAndMarkets.com's offering.
The
optoelectronic components market is projected to witness a compound
annual growth rate of 11.47% during the forecast period to reach a total
market size of US$93.525 billion by 2023, increasing from US$48.761
billion in 2017.
Increasing use of various optoelectronic
components such as laser diodes and LEDs across end-use industries is
driving the growth of overall optoelectronic components market. growing
focus on the growth of renewable energy sector also fuels the demand for
optoelectronic components, thus, positively impacting the global market
growth. Booming consumer electronics industry in APAC region further
fuels the growth of optoelectronic components market.
This
report provides comprehensive market dynamics through an overview
section along with growth drivers, challenges and opportunities which
exist in the current market. This section of the report also provides
key industry, global and regional regulations which are determining the
market growth and a brief technological aspect of Optoelectronic
Components. Complete industry analysis has also been covered through
Porter's five forces model as a part of this report section.
Segmentation
By
Component
- LED
- Image Sensor
- Laser Diode
- Infrared Component
- Others
By Application
- Consumer Electronics
- Aerospace
- Automotive
- Telecommunication
- Others
By Geography
- Americas
- North America
- South America
- Europe Middle East and Africa
- Europe
- Middle East and Africa
- Asia Pacific
Key industry players profiled as part of this report are:
- Sony
- Samsung
- Sharp Corporation
- Cree Inc.
- Osram Licht AG
- Koninklijke Philips N.V
- Omnivision Technologies, Inc.
- Vishay Intertechnology Inc.
For more information about this report visit https://www.researchandmarkets.com/research/zt2fs4/93_5_billion?w=4
View source version on businesswire.com: http://www.businesswire.com/news/home/20180305005631/en/