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OIDA Reports Optoelectronics Growth

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WASHINGTON, July 25 -- 2004 was one of the strongest years for the optoelectronics market in the past decade, according to the Optoelectronics Industry Development Association (OIDA). Its seventh annual market review report reveals that almost all optoelectronic categories, applications and technologies demonstrated growth over 2003. OIDA said further research and a review of industry trends reveal that 2005 will yield a similar market performance. Total optoelectronic components and optoelectronic-enabled products grew 39 percent in 2004 to $236 billion, from $170 billion in 2003, OIDA said....Read full article

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    Published: July 2005
    Glossary
    optoelectronics
    Optoelectronics is a branch of electronics that focuses on the study and application of devices and systems that use light and its interactions with different materials. The term "optoelectronics" is a combination of "optics" and "electronics," reflecting the interdisciplinary nature of this field. Optoelectronic devices convert electrical signals into optical signals or vice versa, making them crucial in various technologies. Some key components and applications of optoelectronics include: ...
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    CommunicationsConsumerIndustry EventsNews & FeaturesOIDAoptoelectronicsOptoelectronics Industry Development AssociationphotonicsSensors & DetectorsStrategies Unlimited

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