DUBLIN, Jan 17, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Optoelectronics Market 2017-2021" report to their offering.
The global optoelectronics market to grow at a CAGR of 16.84% during the period 2017-2021.
Global Optoelectronics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report covers the present scenario and the growth prospects of the global optoelectronics market for 2017-2021. To calculate the market size, the report considers the revenue generated from shipment of various optoelectronics used for various applications. The report also includes a a discussion of the key vendors operating in this market.
According to the report, one of the major drivers for this market is growing adoption of LED for lighting due to government subsidies and projects undertaken. The governments of many countries are promoting the use of LED lamps by providing subsidies to the manufacturers as well as starting projects such as street lighting, which are promoting the use of LED lights.
The latest trend gaining momentum in the market is upcoming technological trends in LED. The demand for LEDs is set to rise amid the trend of green lighting, which promotes energy-efficient lighting solutions. Smart lighting and Light Fidelity (Li-Fi) technology are two important upcoming technologies in the LED industry. Smart lighting technology helps in energy saving automatically switching on or off when sensing the presence of an individual.
Further, the report states that one of the biggest growth opportunities for the communication service providers is the multi-dwelling units (MDU) category in the housing file, though there has been a different mechanism designed for fiber deployment based on the geography and earth stratum. However, one of the biggest challenges in the market is the deployment of fiber optics, especially in the existing apartments and condominiums.
- GE Lighting
- LG Innotek
- Lumileds Lighting
- Seoul Semiconductor
- Samsung Semiconductor
- ON Semiconductor
- IPG Photonics
- ROFIN-SINAR Technologies
- AC Photonics
- AFW Technologies
- Corning (AFOP)
- DK Photonics Technology
- FOCI Fiber Optic Communications
- General Photonics
- SENKO Advanced Components
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Appendix
Part 15: Extras
For more information about this report visit http://www.researchandmarkets.com/research/cdblnt/global
Research and Markets
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SOURCE Research and Markets