Analysis of Optoelectronic Components Market in Global Industry : Trends, Demand and Technology 2017

ResearchMoz presents professional and in-depth study of "Optoelectronic Components Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023".

Optoelectronic components have the capability to source, identify, detect, and control light. The interaction of these components with light makes them ideal to be used in a wide range of applications. These components are primarily used in automatic control systems, aerospace and defense, telecommunications, and healthcare among others.

Growing application across different industry verticals primarily owing to its low power consumption, reliability, scalability, and performance is fueling the demand of optoelectronic components globally. Furthermore, increasing application of high end optoelectronic components in security and defense, automotive and industrial sector is one of the prime contributing factors in directing the growth of the market. Growing usage of LED Driver and IC, OLED, image sensor, infrared components in telecommunication, medical devices and security systems is expected to fuel the growth of optoelectronic components market over the forecast period. Comparatively high price of raw materials, requirement of huge capital investments for developing energy efficient LED displays and niche nature of application of some of the optoelectronic components are major restraining factors for the market. These factors are expected to hinder growth of optoelectronic components market during the forecast period.

Convenience in terms of application of infrared components in consumer electronics and automotive industry is one of the important factors fueling the growth in adaptation of optoelectronic components across different countries. Growing popularity of infrared LEDs in consumer security cameras is one of the major driving factors contributing to the positive growth of this market globally. Each of these cameras contains a number of rings of infrared LEDs, which offer night vision capabilities. Infrared LEDs are used in handheld devices for identity verification and authentication of monetary transactions. Furthermore, proliferation of applications in telecommunication and industrial set ups spurs demand for optoelectronic components at the global level.

By components, the market can be segmented into LED Driver and IC (General LED, HV LED), OLED, Image Sensor (CMOS Image Sensor, CCD Image Sensor, Others), Infrared Component (Infrared Emitting Diode, Irda Transceiver, Infrared Detector), Optocouplers (High Speed Optocoupler, 4 Pin Optocoupler, IGBT Gate Driver, 6 Pin Optocoupler, Isolation Amplifier, Others), Laser Diode (Near Infrared, Red Laser Diode, Blue Laser Diode, Green Laser Diode) and others. Geographically, the optoelectronic components market is segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). The scope of the report offers an insight into optoelectronic components market in these regions based on revenue (USD billion).

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The report also includes competitive profiling of leading players in the industry and their market position to aid in strategic decision making. The market attractiveness analysis and patent analysis included in the report provide insight into market dynamics, future research scope, industry competition and strategies adopted by market leaders.

The report also breaks down and reviews the various factors impacting the market growth, which can be appropriately described as market drivers, restraints, and opportunities. These factors help to determine the various existing trends and their impact on the market growth. Overall, taking into consideration the various factors affecting the optoelectronic components market, the report includes a holistic analysis of the global optoelectronic components market, and provides an estimate of growth for the period 2015 to 2023.

Some of the major companies operating in the optoelectronic components market are Nichia Corporation (Japan),  Avago Technologies (U.S.),Vishay Intertechnology, Inc.(U.S.), Cree, Inc. (U.S.), EPISTAR Corporation (Taiwan), OSRAM (Germany), Royal Philips Electronics (Netherlands), Renesas Electronics Corporation (Japan), Toshiba Corporation (Japan), ROHM Semiconductor (Japan), Finisar Corporation (U.S.), Sharp Corporation (Japan), NXP Semiconductors N.V. (Netherlands), STMicroelectronics N.V. (Switzerland), Infineon Technologies AG(Germany), Diodes, Incorporated (U.S.), Sony Corporation (Japan), Maxim Integrated Products Inc. (U.S.), Fairchild Semiconductor (U.S.), Samsung Electronics Co., Ltd (South Korea), Panasonic Corporation (Japan), Maxwell Technologies, Inc (U.S.) and Texas Instruments, Inc. (U.S.).

The global optoelectronic components market has been segmented as follows:

Global Optoelectronic Components Market by Components

    LED Driver and IC
    General LED
    HV LED
    OLED
    Image Sensor
    CMOS Image Sensor
    CCD Image Sensor
    Others
    Infrared Component
    Infrared Emitting Diode
    Irda Transceiver
    Infrared Detector
    Optocouplers
    4 Pin Optocoupler
    6 Pin Optocoupler
    High Speed Optocoupler
    IGBT Gate Driver
    Isolation Amplifier
    Others
    Laser Diode
    Near Infrared
    Red Laser Diode
    Blue Laser Diode
    Green Laser Diode
    Others

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Global Optoelectronic Components Market by Geography

    North America
    U.S.
    Rest of the North America
    Europe
    U.K.
    Germany
    Italy
    France
    Rest of Europe
    Asia Pacific
    China
    Japan
    India
    South Korea
    Rest of Asia Pacific
    Rest of the World (RoW)
    Latin America
    Middle East and Africa

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