Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

Analysis Finds Strong Optoelectronics Market

Photonics Spectra
Oct 2005
One of the strongest years in the past decade for the optoelectronics market was 2004, according to a report from the Optoelectronics Industry Development Association.

Market analysis revealed that the total revenue for optoelectronic components and enabled products reached $236 billion, an increase of 39 percent over 2003. It showed strong growth in optoelectronic applications, including the optical communications business, which grew by 10 percent, the computing sector, by 31 percent, and the consumer/entertainment segment, by 72 percent. The area of optoelectronic components, including displays, increased by 33 percent.

The report indicates that a number of optoelectronics businesses performed above expectations last year. The development of high-brightness LEDs and flat panel displays for computers and televisions has contributed to this upswing, along with advances in imaging array sensor applications, including the digital camera and the camera phone. The expanded use of diode lasers, including diode laser-based optical storage, also has strengthened the market. Advances in optical disk technology generated by blue diode lasers are expected to feed the growth of the DVD player market, the findings suggest.

Based on further research and a review of industry trends, the association predicts a similar market performance in 2005.

optical communications
The transmission and reception of information by optical devices and sensors.
A sub-field of photonics that pertains to an electronic device that responds to optical power, emits or modifies optical radiation, or utilizes optical radiation for its internal operation. Any device that functions as an electrical-to-optical or optical-to-electrical transducer. Electro-optic often is used erroneously as a synonym.
BusinessCommunicationscomponentsConsumerimaging array sensor applicationlight speedoptical communicationsoptoelectronicsSensors & Detectors

Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2019 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x Subscribe to Photonics Spectra magazine - FREE!
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.