Global Optoelectronics Industry to Reach US $932 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Optoelectronics markets. The global market for Optoelectronics is projected to reach US$932 billion by the year 2015. The market is being driven by the expanding applications of optoelectronics in several areas, including consumer products, medical, and automotive. Others factors driving the market include foray of flat-panel displays into new market segments, shrinking size of personal computers, explosive growth of mobile data, and increasing use of optoelectronic devices in automobiles.

Optoelectronics: A Global Strategic Business Report

As an ingenious and resourceful combination of optics and electronics, optoelectronics spans a wide array of applications that include lasers, light-emitting diodes, light detectors, communication transport systems, laptop computers, compact disk storage drives, digital cameras, optical fibres, cables optical disk players, among others. The pivotal role played by optoelectronics in the IT industry can be expounded by the fact that optoelectronic components such as lasers, optical discs, image sensors and optical fibres, constitute a vital part of modern telecommunications, the Internet and CD/DVD/Blue-Ray drives on computers, without which reading data can be a virtual impossibility.

Japan leads the global optoelectronics market, as stated by the new market research report on Optoelectronics. The US, Asia-Pacific, and Europe are the other leading markets, with Asia-Pacific being the fastest growing optoelectronics market globally. With respect to optical equipment and systems market, optical disk equipment and optical input-output equipment represent the two major segments. Medical lasers represent the fastest growing segment within the global optical equipment and systems market. The global market for optical components is projected to exhibit a lucrative growth in future, driven primarily by growth in display devices and optical fibre market segments.

Select major players profiled in the report include Abbott Medical Optics Inc., Agilent Technologies Inc., Alcatel-Lucent SA, Avago Technologies Ltd., Ciena Corp., Coherent Inc., Corning Inc., Fairchild Semiconductor International Inc., Huawei Technologies, II-VI Inc., JDS Uniphase Corp., Keyence Corp., Lite-On Technology Corp., NEC Corp., Oclaro Inc., Optokon Co. Ltd., OSRAM Opto Semiconductors GmbH, Rohm Company Limited, Sharp Corp., Tellabs Inc., Texas Instruments Inc., Toshiba America Electronic Components Inc., Vishay Intertechnology Inc.

The report titled "Optoelectronics: A Global Strategic Business Report" announced by Global Industry Analysts Inc., provides a strategic review of the optoelectronics industry, key trends, growth drivers, key segments in the optical equipment and systems, key segments in the optical components market, strategic corporate initiatives, and profiles of key market participants. The report provides annual sales estimates and projections for Optoelectronics for the years 2007 through 2015, and 2001 to 2006. Key segments and sub-segments analyzed include Optical Equipment & Systems (Optical Transmission Equipment, Optical Measuring Instruments, Installation Equipment, Optical Sensing Equipment, Optical Disk Equipment, Optical Input-Output Equipment, Medical Laser Equipment, Laser Processing Equipment, Printing Process and Plate-making Equipment, and Other Optical Equipment), Optical Components (Light Emitting Devices, Light Receiving Devices, Hybrid Optical Devices, Display Devices, Solar Cells, Optical Fibers, Optical Connectors, Optical Passive Components, and Other Optical Components). Geographic regions analyzed include US, Canada, Japan, Europe, Asia-Pacific, and Rest of World

For more details about this market research report, please visit -

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
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