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World Optoelectronics Market - Opportunities and Forecasts, 2017 - 2023

  • ID: 3773567
  • Report
  • September 2019
  • Region: Global
  • Allied Analytics LLP
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Electronic devices that source, detect and control light are known as optoelectronics. Optoelectronics light medium often includes gamma rays, X-ray and infrared in electronic devices to conduct various operations. Optoelectronics is sub segment of photonics technology and the demand for photonics technology is expected to rise. Due to the increasing demand, the photonics market is expected generate revenue of $410.78 million by year 2020. Optoelectronics is used for emission, transmission and modulation of light signal. Due to rapid development of optoelectronics, it is expected that adoption of this technology in communication, medicine, and material science will rise in the years to come. Optoelectronics is not only a competitive alternate for existing products; also a technology that would help in creating smart systems. Adoption of optoelectronics is expected to rise in electronic components such as LED’s, OLED’s, compact disk and in Blu-ray devices. Revolutionary change in communication platform such as mobile phones, multimedia and digital transmission with higher bandwidth requirement is possible due to rapid development of optoelectronics. Optoelectronics is the integration of optical-communication, optical-storage and optical imaging industries. Cost of transmission is expected to decline as reach of internet expands and data service centers increase.

The cost of Optoelectronics based products are higher compares to conventional products this is one of the factor which limits the growth of the market. Customer may choose alternative technology instead of optoelectronics based products such as LCD display instead of LED display, as LCD is an economical solution. The cost involved in replacement of spare parts is higher in compared to conventional products. Therefore, cost acts as a restraining factor in the growth of optoelectronics market. As LCD displays play a major part in the optoelectronic market, the decreased sales will influence the market largely.

Some of the key companies profiled in this report are Sony Corp, Toshiba Corp, Panasonics, Toshiba Corp, Philips, ROHM, Avago Technologies, Samsung, Osram, and Dialight Corp.

KEY BENEFITS

In depth analysis of optoelectronics market segments such as applications and components are presented in the report to help decision makers take strategic decisions
Top impacting factors such as drivers, restraints and opportunities are discussed, considering current market trends and expected future advancements
Porters five forces analysis, which will help in understanding the bargaining power of buyers and suppliers, threat of new entrants, substitutes and competition amongst the key players.
Top winning strategies for the market are discussed to give a competitive advantage to the decision makers
Estimations are done and projected based on past investments, current market trends and future potential investments.

KEY MARKET SEGEMENTSBY COMPONENTS

Storage Media
Display Modules
Fiber & Cable
Transceiver Modules
Source & Detectors
Connector & Hardware
Others

BY APPLICATIONS

Automotive
Computers
Consumer Electronics
Communication
Industrial Optical Sensing Equipment
Laser Equipment

BY GEOGRAPHY

North America
Europe
Asia-Pacific
RoW

KEY AUDIENCES

Technology Investors
Research Institutes
Optoelectronics Manufacturers, Retailers and Distributors

Note: Product cover images may vary from those shown
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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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