Tuesday, 6 August 2013

Popular Market Report: Global Industry Optoelectronics Market Share 2013 - 2019


Description
Optoelectronics is the science and application of electronics that use light as their source and can detect and control the various properties of light. Optoelectronics as a science is generally accepted as a branch of photonics. By definition, in addition to visible light, optoelectronics also includes light in the form of radiation such as gamma radiation, X-rays, infrared, and ultraviolet radiation. Optoelectronics is directly connected to semiconductors as it has its origins in the quantum mechanical effects of light on electronic materials, especially semiconductors, and can also be sometimes used with an application of electric fields of various intensities.




At present, optoelectronics is the fastest growing segment in the semiconductor market and revenues from these products are increasing multi-fold every year. The vast application segments within semiconductors and particularly those which aim towards energy-efficiency are leading to innovations and developments in LEDs, image sensors and other such optoelectronics. The major optoelectronics segments by application are light-emitting diodes (LEDs), OLEDs, internet and compact disk (CDs), DVDs, and Blue-Ray devices on computers. The optoelectronics segments by type are considered to be lasers, optical discs, image sensors, optical fibers and others.

The optoelectronics market is self-driven by its segments which are classified by type and application, such as light-emitting diodes (LEDs), OLEDs, Internet and compact disk (CDs), DVDs, and Blue-Ray devices on computers as well as lasers, optical discs, image sensors, optical fibers, and some others. The ever-growing demand for these products and their easy availability are the most important aspects translating into growth in the optoelectronics industry. Additionally, the ever-increasing spending power of people in the Asia-Pacific region is contributing to a major increase in sales in the region and for optoelectronics as a whole.


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