The Optoelectronics Global Market Report 2023, provides comprehensive information on the optoelectronics market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Optoelectronics Market’s Growth:
https://www.thebusinessresearchcompany.com/report/optoelectronics-global-market-report
As per The Business Research Company’s Optoelectronics Global Market Report 2023, the global optoelectronics market size grew from $6.15 billion in 2022 to $7.42 billion in 2023 at a compound annual growth rate (CAGR) of 20.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The optoelectronics market size is expected to grow to $14.56 billion in 2027 at a CAGR of 18.4%.
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The Optoelectronics Market is segmented:
Optoelectronics Market By Component
- Light-Emitting Diode (LED)
- Laser Diode
- Image Sensors
- Optocouplers
- Photovoltaic Cells
- Other Components
Optoelectronics Market By Device Material
- Gallium Nitride
- Gallium Arsenide
- Gallium Phosphide
- Silicon Germanium
- Silicon Carbide
- Indium Phosphide
Optoelectronics Market By End-User
- Automotive
- Aerospace And Defense
- Consumer Electronics
- Information Technology
- Healthcare
- Residential And Commercial
- Industrial
- Other End Users
Asia-Pacific was the largest region in the optoelectronics market in 2022.
The table of contents in TBRC’s optoelectronics market report includes:
- Executive Summary
- Optoelectronics Market Characteristics
- Optoelectronics Market Trends And Strategies
- Optoelectronics Market – Macro Economic Scenario
- Optoelectronics Market Size And Growth
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- Africa Optoelectronics Market
- Optoelectronics Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Optoelectronics Market
- Optoelectronics Market Future Outlook and Potential Analysis
- Appendix
Top 5 Major Key Players Are:
- General Electric Company
- Panasonic Corporation
- Samsung Electronics
- Omnivision Technologies Inc
- Sony Corporation
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