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.
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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:
1) By Component: Light-Emitting Diode (LED), Laser Diode, Image Sensors, Optocouplers, Photovoltaic Cells, Other Components
2) By Device Material: Gallium Nitride, Gallium Arsenide, Gallium Phosphide, Silicon Germanium, Silicon Carbide, Indium Phosphide
3) 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:
1. Executive Summary
2. Optoelectronics Market Characteristics
3. Optoelectronics Market Trends And Strategies
4. Optoelectronics Market – Macro Economic Scenario
5. Optoelectronics Market Size And Growth
…………
26. Africa Optoelectronics Market
27. Optoelectronics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Optoelectronics Market
29. Optoelectronics Market Future Outlook and Potential Analysis
30. Appendix
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