Opto Semiconductors Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Opto Semiconductors Market
The opto semiconductors market size was valued at USD 40.48 billion in 2020, and the market is now projected to grow from USD 44.63 billion in 2021 to USD 97.52 billion by 2028, exhibiting a CAGR of 11.8% during the forecast period of 2021-2028.
The COVID19 affected the manufacturing process in global economies as even the emerging markets of Asia faced a blow to their gross as the pandemic slowed down the manufacturing process. However, the market has faced some challenges and is predicted to have the following year percentage growth due efforts by manufacturers and governments. Even though many questions are still unanswered, recovery in consumer electronics, automotive and communication industries require Semiconductors at a much higher rate.
Companies are expanding the use of electronics manufacturing services (EMS) to obtain high quality products at a relatively low cost to support the firm’s competitive strategy. EMS providers sustain certifications in the senses that automotive and other consumer industries always require dependable components like sensors, LEDs, and optocouplers. It also creates the trend for the peoples of the world to demand support the growth of the market.
A new generation of semiconductor laser technologies such as laser LiFi and laser display 3D drive the optical sensing and industrial processing market around the world. Some areas like automotive, telecommunication and consumer electronics have received benefits from simpler system structure and thus, have adopted these innovative solutions in recent times.
Comprehensive Analysis of Opto Semiconductors Market
The opto semiconductors market growth is rising at an exponential rate due to its market segmentation. This market expansion rightly provides a thorough market breakdown near to the industry considering the leading supply and demand forces. These segmentations are methodically segregated by type analysis and by application analysis. By type analysis include LED, image sensors, infrared components, optocouplers, and laser diodes. By application analysis include residential & commercial, and industrial.
The Asia Pacific region lead the opto semiconductors market share by benefitting a market size of USD 22.36 billion in 2020 due to increasing demand & supply for optoelectronics from the overseas markets.
The top players in the markets have a central responsibility in the semiconductor & electronics industry to be sure of industrial prospectus development and to establish the market norms. These players include, TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION, ROHM CO., LTD., Vishay Intertechnology, Inc., Renesas Electronics Corporation, ON Semiconductor, Broadcom, Mitsubishi Electric Corporation, LITE-ON Technology, Inc., TT Electronics, OSRAM Opto Semiconductors GmbH these market players provide a level-playing competitive landscape.
In January 2021, ROHM and Sanden Huayu Automotive Air-Conditioning Co., Ltd. inaugurated a joint technical lab at Sanden Huayu’s Shanghai headquarters.
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2017-2028
Base Year
2020
Forecast Period
2021-2028
Historical Period
2017-2019
Unit
Value (USD Billion)
Segmentation
Type, Application, Region
By Type (Value)
LED
Image Sensors
Infrared Component
Optocouplers
Laser Diode
By Application
Residential and Commercial
Industrial
- Automotive
- Consumer Electronics
- Telecommunication
- Healthcare
- Energy & Power
- Others (Military, Utilities etc)
North America (By Type, Application, and Country)
Europe (By Type, Application and Country)
Asia Pacific (By Type, Application and Country)
The Middle East & Africa (By Type, Application and Country)
South America (By Type, Application and Country)Please Note: It will take 5-6 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Approach
- 1.3. Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of COVID-19
- 3.3.1. Short-term Impact
- 3.3.2. Long-term Impact
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Opto Semiconductor Market Share Analysis and Matrix, 2020
- 5. Key Market Insights and Strategic Recommendations
- 6. Profiles of Key Players (Would be provided for 10 players only)
- 6.1. Overview
- 6.1.1. Key Management
- 6.1.2. Headquarters etc.
- 6.2. Offerings/Business Segments
- 6.3. Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
- 6.3.1. Employee Size
- 6.3.2. Key Financials
- 6.3.2.1. Past and Current Revenue
- 6.3.2.2. Geographical Share
- 6.3.2.3. Business Segment Share
- 6.4. Recent Developments
- 7. Annexure / Appendix
- 7.1. Global Opto Semiconductors Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
- 7.1.1. By Type (Value)
- 7.1.1.1. LED
- 7.1.1.2. Image Sensors
- 7.1.1.3. Infrared Component
- 7.1.1.4. Optocouplers
- 7.1.1.5. Laser Diode
- 7.1.2. By Application (Value)
- 7.1.2.1. Residential and Commercial
- 7.1.2.2. Industrial
- 7.1.2.2.1. Automotive
- 7.1.2.2.2. Consumer Electronics
- 7.1.2.2.3. Telecommunication
- 7.1.2.2.4. Healthcare
- 7.1.2.2.5. Energy & Power
- 7.1.2.2.6. Others (Military, Utilities etc)
- 7.1.3. By Region (Value)
- 7.1.3.1. North America
- 7.1.3.2. Europe
- 7.1.3.3. Asia Pacific
- 7.1.3.4. Middle East & Africa
- 7.1.3.5. Latin America
- 7.2. North America Opto Semiconductors Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
- 7.2.1. By Type (Value)
- 7.2.1.1. LED
- 7.2.1.2. Image Sensors
- 7.2.1.3. Infrared Component
- 7.2.1.4. Optocouplers
- 7.2.1.5. Laser Diode
- 7.2.2. By Application (Value)
- 7.2.2.1. Residential and Commercial
- 7.2.2.2. Industrial
- 7.2.2.2.1. Automotive
- 7.2.2.2.2. Consumer Electronics
- 7.2.2.2.3. Telecommunication
- 7.2.2.2.4. Healthcare
- 7.2.2.2.5. Energy & Power
- 7.2.2.2.6. Others (Military, Utilities etc)
- 7.2.3. By Country (Value)
- 7.2.3.1. U.S.
- 7.2.3.2. Canada
- 7.3. Europe Opto Semiconductors Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
- 7.3.1. By Type (Value)
- 7.3.1.1. LED
- 7.3.1.2. Image Sensors
- 7.3.1.3. Infrared Component
- 7.3.1.4. Optocouplers
- 7.3.1.5. Laser Diode
- 7.3.2. By Application (Value)
- 7.3.2.1. Residential and Commercial
- 7.3.2.2. Industrial
- 7.3.2.2.1. Automotive
- 7.3.2.2.2. Consumer Electronics
- 7.3.2.2.3. Telecommunication
- 7.3.2.2.4. Healthcare
- 7.3.2.2.5. Energy & Power
- 7.3.2.2.6. Others (Military, Utilities etc)
- 7.3.3. By Country (Value)
- 7.3.3.1. U.K.
- 7.3.3.2. Germany
- 7.3.3.3. France
- 7.3.3.4. Russia
- 7.3.3.5. Italy
- 7.3.3.6. Rest of Europe
- 7.4. Asia Pacific Opto Semiconductors Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
- 7.4.1. By Type (Value)
- 7.4.1.1. LED
- 7.4.1.2. Image Sensors
- 7.4.1.3. Infrared Component
- 7.4.1.4. Optocouplers
- 7.4.1.5. Laser Diode
- 7.4.2. By Application (Value)
- 7.4.2.1. Residential and Commercial
- 7.4.2.2. Industrial
- 7.4.2.2.1. Automotive
- 7.4.2.2.2. Consumer Electronics
- 7.4.2.2.3. Telecommunication
- 7.4.2.2.4. Healthcare
- 7.4.2.2.5. Energy & Power
- 7.4.2.2.6. Others (Military, Utilities etc)
- 7.4.3. By Country (Value)
- 7.4.3.1. China
- 7.4.3.2. Japan
- 7.4.3.3. India
- 7.4.3.4. South Korea
- 7.4.3.4.1.
- 7.4.3.4.1.1.
- 7.4.3.5. Australia
- 7.4.3.6. Southeast Asia
- 7.4.3.7. Rest of Asia Pacific
- 7.5. Middle East & Africa Opto Semiconductors Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
- 7.5.1. By Type (Value)
- 7.5.1.1. LED
- 7.5.1.2. Image Sensors
- 7.5.1.3. Infrared Component
- 7.5.1.4. Optocouplers
- 7.5.1.5. Laser Diode
- 7.5.2. By Application (Value)
- 7.5.2.1. Residential and Commercial
- 7.5.2.2. Industrial
- 7.5.2.2.1. Automotive
- 7.5.2.2.2. Consumer Electronics
- 7.5.2.2.3. Telecommunication
- 7.5.2.2.4. Healthcare
- 7.5.2.2.5. Energy & Power
- 7.5.2.2.6. Others (Military, Utilities etc)
- 7.5.3. By Country (Value)
- 7.5.3.1. GCC
- 7.5.3.2. South Africa
- 7.5.3.3. Egypt
- 7.5.3.4. Turkey
- 7.5.3.5. Rest of Middle East & Africa
- 7.6. Latin America Opto Semiconductors Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
- 7.6.1. By Type (Value)
- 7.6.1.1. LED
- 7.6.1.2. Image Sensors
- 7.6.1.3. Infrared Component
- 7.6.1.4. Optocouplers
- 7.6.1.5. Laser Diode
- 7.6.2. By Application (Value)
- 7.6.2.1. Residential and Commercial
- 7.6.2.2. Industrial
- 7.6.2.2.1. Automotive
- 7.6.2.2.2. Consumer Electronics
- 7.6.2.2.3. Telecommunication
- 7.6.2.2.4. Healthcare
- 7.6.2.2.5. Energy & Power
- 7.6.2.2.6. Others (Military, Utilities etc)
- 7.6.3. By Country (Value)
- 7.6.3.1. Brazil
- 7.6.3.2. Mexico
- 7.6.3.3. Argentina
- 7.6.3.4. Rest of Latin America
- 8. Companies Analyzed
- 9. (Note that, the purpose of the below list is to highlight the exhaustiveness of study that goes into understanding the ecosystem and/or estimating the market size
- 10. This does not necessarily mean that all the below companies are profiled in the report. Kindly refer Companies Profiled Section for more details on the list of companies profiled in the report.
- 11. However, at the same, we are open to profile additional company(s) on specific request)
- 12. TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION
- 13. ROHM CO., LTD.
- 14. Vishay Intertechnology, Inc.
- 15. Renesas Electronics Corporation.
- 16. ON Semiconductor
- 17. Broadcom
- 18. Mitsubishi Electric Corporation
- 19. LITE-ON Technology, Inc.
- 20. TT Electronics
- 21. OSRAM Opto Semiconductors GmbH
- 22. Sony Corp.
- 23. Cree
- 24. Sharp Corp.
- 25. BetaLED
- 26. Avago Technologies
- 27. Panasonic
- 28. Philips
- 29. Nichia
- 30. Samsung
- 31. Lumileds
- 32. Seoul Semiconductor
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