INDUSTRIES

&

MARKETSOptoelectronics:

market

data&

analysisMarket

Insights

reportSeptember2023Table

of

ContentsOverviewAppendixSummary567ProductOverviewAuthor1415MarketDefinitionKeyTakeawaysMarket

NumbersMarketsize9RegionalComparison102MARKET

INSIGHTSThis

report

is

part

ofour

Market

Insights

productGainabetterunderstandingofmarketsacross190+

geographicalentities

–

onaglobal,

regional,country,

and/orstatelevel.

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management10sectors190+geographicalentities1,000+markets400+reportsFind

out

more

on:https://www.Goto

Market

Insightscom/outlook/3CHAPTER

1OverviewThe

optoelectronics

market

will

continue

to

grow

over

the

next

five

years

due

toincreased

demand

for

electronicsOverview:

summarySummaryTheoptoelectronics

market

is

expected

tocontinueto

grow

inthe

next

fiveyears,driven

bytheincreasing

demand

andtechnological

advancements

inconsumerelectronics,

communication

electronics,

and

healthcare

device

electronics.

Theincreasing

demandfor

technologically

advanced

and

efficient

optoelectronics

inautomotive

electronics

applicationswould

furtheraddto

thisgrowth.Themarket

isexpected

togrow

with

aCAGRofmore

than

3%inthenextfiveyears,

slowly

recovering

fromtheissuesinthefabricationof

devices

inthismarket

duetoCOVID-19

andthetradewar

between

theU.S.andChina.TheAsianregion,

especially

China,

isexpected

to

remain

thelargest

market.5Sources:MarketInsights

2023Optoelectronics

is

an

important

part

of

the

Semiconductors

marketOverview:

market

definitionDefinition:TheOptoelectronics

market

includessemiconductor

devices

thatareused

forlightsensing

and

emitting

functionalities.

Thisincludesdevices

suchasdisplays,light-emitting

diodes

(LED),optical

switches,

etc.AdditionalInformation:TheOptoelectronics

market

comprises

revenue

andrevenue

changeas

the

keyperformance

indicators.

Onlytherevenues

thatare

generated

byprimaryvendors

atthemanufacturer

pricelevel

either

directly

or

throughdistributionchannels

(excludingvalue-added

tax)are

includedand

therevenues

generated

byresellers

areexcluded.

Revenues

are

generated

through

bothonlineandofflinesales

channelsandincludespending

byconsumers

(B2C),enterprises

(B2B),

andgovernments

(B2G).Key

players

inthis

market

includeOsram,Sony

Corporation,

ONSemiconductor,SharpCorporation,

etc.,6Sources:MarketInsights

2023Optoelectronics

accounted

for

7.65%

of

the

Semiconductors

market

revenue

in2022Overview:

key

takeaways

and

inscope

/outof

scopeKeyTakeawaysInscopeOutof

scopeRevenue

intheOptoelectronics

market

is

projected

to

reach

US$49bn

in2023.Thissegment

includes:Thissegment

excludes:Revenue

is

expected

toshow

anannualgrowth

rate(CAGR2023-2027)

of

2.08%,resulting

inamarket

volume

of

US$53bn

by2027.?Displays?Liquidcrystal

displays?Incandescent

lampsInglobalcomparison,

most

revenue

will

begenerated

inChina(US$16,760m

in2023).?Lasersensors

andtransmitters?Opticalcouplers

&isolators?Opticalswitches?Imagesensors?Infrared

emitters

and

detectors7Sources:MarketInsights

2023CHAPTER

2Market

NumbersOptoelectronics

revenues

are

estimated

to

increase

at

a

CAGR(1)

of

2.5%

from2016

to

2027Market

Size:

globalRevenue

forecast

inbillionUS$+2.5%(1)53.451.650.049.248.846.946.746.244.441.940.640.12016201720182019202020212022202320242025202620279Notes:(1)

CAGR:

Compound

Annual

GrowthRateSources:MarketInsights

2023With

revenue

of

US$

32.0

billion,

Asia

is

the

biggest

market

among

selectedregions

in

2022Market

Size:

regional

comparison

(1/2)Revenue

forecast

inbillionUS$+3.3%(1)37.732.0+1.4%(1)+1.5%(1)10.29.6+2.1%(1)0.0%(1)4.24.50.91.00.10.12022202720222027202220272022202720222027EuropeAfricaAmericasAsiaAustralia10

Notes:Sources:(1)

CAGR:

Compound

Annual

GrowthRateMarketInsights

2023With

revenue

of

US$

15.9

billion,

China

is

the

biggest

market

among

selectedcountries

in

2022Market

Size:

regional

comparison

(2/2)Revenue

forecast

inbillionUS$+2.9%(1)18.315.9+0.8%(1)+2.4%(1)6.7+5.2%(1)6.56.0+1.9%(1)5.33.42.62.42.22022202720222027202220272022202720222027ChinaUnited

StatesJapanIndiaSouthKorea11

Notes:Sources:(1)

CAGR:

Compound

Annual

GrowthRateMarketInsights

2023Optoelectronics

volume

is

estimated

to

increase

from2016

to

2027Market

Size:

globalVolume

forecast

inbillion300270.7260.9251.1241.325020015010050231.4221.6210.4203.7199.7186.1173.2150.1020162017201820192020202120222023202420252026202712

Notes:Sources:(1)

CAGR:

Compound

Annual

GrowthRateMarketInsights

2023CHAPTER

3AppendixMARKET

INSIGHTSMarket

Insights

–

market

data,forecasts,

and

qualitative

insightsGainabetterunderstandingofmarketsacross190+

geographicalentities

–

onaglobal,

regional,country,

and/orstatelevel.

Accessourdatavia

webinterface,download(XLS,

PDF,PPT),or

reports.Benefitfromour48-hourcustomerservice

guarantee.?

10

sectors:

advertising&media,consumers,countries,digital

sector,finance,health,

industrialsector,mobility,andtechnology?

1,000+

markets,

e.g.,

FinTech,Food,or

Robotics?

KPIs,

e.g.,

revenue,marketshares,prices,andvolume?

Features:Compare

countries®ions,

change

currencies,

selectvisualizations,

and/or

customize

downloads?

Usecases: