Press release
Optoelectronics Market by Application and Geography Help to Boost the Industry and Forecast up to 2017-2023
Optoelectronics Market
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.
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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 SEGEMENTS:
BY 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
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