World Optoelectronics Markets

Frost & Sullivan
November 17, 2003
SKU: MC941519
License type:
Countries covered: Global

World Optoelectronics Markets

 

Steady Innovation Necessary to Stay Ahead of Competition

As the overall package dimensions of optoelectronic components become smaller, manufacturers are concentrating more capital investment on research and development. End-user industries are also looking for reliable vendors that have kept pace with technology development through the economic slowdown. With intense competition, excess manufacturing capacity, and lack of investment on new projects directly impacting profitability, only those optoelectronics manufacturers that have the financial/personnel resources to juggle size considerations with bandwidth requirements will be successful in the market.

This research service analyzes the global markets for optoelectronic devices. It provides an analysis of market drivers, restraints, and forecasts identifying areas of growth in the segments. The study covers optoelectronic devices, light emitting diodes (LEDs), optocouplers, photodetectors, and laser diodes.

Expanding Range of Available Colors in LEDs Drives Newer Applications

With the continuous introduction of colors in the market, the applications of LEDs are increasing. The latest color LEDs such as the blue and blue-green ones offer higher brightness and lower power consumption and are finding high-growth markets in the signage, transportation, and automotive industries, expanding overall market revenues.

The LEDs are also finding wider applications in medical electronics and related applications. "Besides demonstrating real-time sensitive detection and identification capabilities, LEDs have many technological advantages such as being simplified devices that reduce the operating costs, supporting both captive and operational analysis, exhibiting low binding, having concentration-dependent dose-response, having multiple functions and roles, and most importantly, providing non-destructive detection," says the author.

Proliferation of Connectivity between Computers, Telecommunications, and Consumer Devices Spurs Sales

The trends in optoelectronics are linked to those in the semiconductor industry and the increasing introduction of new software applications that require more memory and higher speeds are expected to drive optoelectronics sales. While the convergence of computers, communications, and consumer electronics drives revenue of the optocoupler devices, photodetectors are expected to do well in the medical device market, especially in the portable diagnostic segment. Demand for laser diodes revolves around high-end telecommunications products, followed by office automation and peripheral devices.

With the electronics manufacturing service (EMS) providers assembling many of the end products in the electronics industry, they have become a large customer segment for all types of optoelectronics. In the long run, manufacturers that consistently provide high-quality service to their clients at reasonable rates are likely to retain customer loyalty and market share.



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