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OIDA: Optoelectronics Market 'Vibrant'

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WASHINGTON, Nov. 21 -- The market for optoelectronics is vibrant, especially from a global perspective, said Michael Lebby, executive director of the Optical Industry Development Association (OIDA), in a presentation at SPIE's Optics East 2005, held last month in Boston. He said that without factoring in the 1999-2002 optoelectronics business "bubble," the worldwide laser diode market exhibits 12 percent annual sustainable growth. "In Asia, companies are focused more on the use of optoelectronics for entertainment and consumer applications, so they did not see the same 'bubble' as those...Read full article

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    Published: November 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: ...
    CommunicationsConsumerdefenseHBLEDlaser diode marketNews & FeaturesOIDAOptical Industry Development AssociationOptics EastoptoelectronicsSensors & DetectorsSPIELEDs

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