DUBLIN--(BUSINESS WIRE)--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.
- Image Sensor
- Laser Diode
- Infrared Component
- Consumer Electronics
- North America
- South America
- Europe Middle East and Africa
- Middle East and Africa
- Asia Pacific
Key industry players profiled as part of this report are:
- 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