Optoelectronic Components Market Drivers, Restraints, and Opportunities for North America, Europe and APAC Region to 2020

Optoelectronic components are those which possess the capability to source, detect, and control light. These optoelectronic components are used for a wide range of applications such as for indoor and outdoor lighting, mobile phones in the field of consumer electronics, fiber-optics in telecommunication, measurement instruments in the industrial sector, and many others.

Major players in the optoelectronic components market include Cree, Inc. (U.S.), Osram Licht AG (Germany), Vishay Intertechnology, Inc. (U.S.), ON Semiconductor (U.S.), OmniVision Technologies, Inc. (U.S.), Sony Corporation (Japan), Sharp Corporation (Japan), Samsung Electronics Co., Ltd. (South Korea), and Koninklijke Philips N.V. (Netherlands) among others.

Complete report on Optoelectronic Components Market spread across 175 Pages, Profiling 14 Companies and Supported with 67 Tables and 65 Figures is now available at .

The market has been segmented on the basis of component, application, and geography. It has been segmented based on components into LEDs, image sensors, laser diodes, optocouplers, IR components, and others; based on application, it has been segmented into automotive, residential & commercial, consumer electronics, telecommunication, industrial, healthcare, and aerospace & defense. Automotive, telecommunication, and healthcare are the fastest-growing application sectors in the said market.

In this report, the optoelectronic components market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Component: LED, Image Sensor, Optocoupler, IR Component and Laser Diode
  • Market, by Application: Residential & Commercial, automotive, consumer electronics, telecommunication, industrial, healthcare, and aerospace & defense
  • Market, by Geography: North America (sub-segmented into the U.S., Canada, and Mexico), Europe (sub-segmented into the U.K., Germany, France, and others), Asia-Pacific (sub-segmented into China, Japan, South Korea, India, and others), and Rest of the World
  • Competitive Landscape: Market ranking analysis
  • Company Profiles: Detailed analysis of the major companies present in the optoelectronics component market
  • Available Customization: Detailed analysis and profiling of additional market players (up to five).

Residential and commercial is the largest application area for optoelectronic components market. This is mainly due to the fact that LEDs, which accounted for the largest share of the overall optoelectronics market, are used extensively in residential & commercial lighting. In addition to the LED, image sensors and IR sensors are widely used for surveillance solutions in the residential and commercial sector.

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APAC is the largest market for optoelectronic components market and is expected to grow at a CAGR of 9.98% from 2015 to 2020. The said market in China is expected to grow at the highest CAGR of 11.14%; its growth is expected to be driven by growing applications in residential & commercial and consumer electronics sectors.

This report details the entire value chain of the optoelectronic components market. It also focuses on the parent market and identifies its potential applications areas. The report covers drivers, restraints, and opportunities for the said market. The report is based on an extensive research study of the optoelectronic components market and aims to identify the market for various applications of optoelectronic components such as LEDs, image sensors, and laser diodes among others. The report covers the overall market and its sub-segments through extensively detailed classifications, in terms of the market size.

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The report also details the competitive landscape of the optoelectronic components market by analyzing the strategies adopted by major players to achieve growth in the market. Apart from the market segmentation data, the report also includes qualitative analysis of various market dynamics such as the drivers, restraints, and opportunities.

It also analyzes the overall market through various models such as the Porter’s Five Forces framework. The report includes the profiles of major players in the optoelectronic component market along with their respective market ranking analysis.

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