Market Overview:
The global optoelectronic material market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for optoelectronic materials in various applications, such as residential & commercial, automotive, consumer electronics, telecommunication, industrial, healthcare and aerospace & defense. In addition, the growing demand for transparent conductive films is also contributing to the growth of this market. However, factors such as high cost and limited availability of raw materials are restraining the growth of this market. On the basis of type, solid laser material held a major share of the global optoelectronic material market in 2017. This segment is expected to grow at a CAGR of 7% during the forecast period from 2018 to 2030 due to its growing demand in various applications such as residential & commercial and automotive sectors. Semiconductor luminescent material is another key type segmented by type and is projected to witness highest CAGR over next 10 years on account rising application areas including lighting products used for general illumination purposes across households/offices/commercial spaces etc., signage boards or displays placed outdoor or indoor locations etc.
Product Definition:
Optoelectronic Material is a material that can convert light into an electrical signal and vice versa. This type of material is important for creating devices like LEDs, solar cells, and lasers.
Solid Laser Material:
Solid laser material is a new class of optoelectronic materials that are expected to grow at an exponential rate over the forecast period. The solid laser material has different properties from other conventional semiconductors such as silicon and gallium nitride. It can be used in many applications where high power density is required, for instance, in CO2 lasers or diode-laser based optical amplifiers.
Semiconductor Luminescent Material:
Semiconductor luminescent material is a new class of optoelectronic materials that can be used as light sources in various applications. The most important application of semiconductor luminescent material is in the field of solid-state lighting (SSL), which involves the use of LEDs and OLEDs. In addition, this technology can also be used to make blue lightening or phosphor based on silicon wafers for backlighting applications.
Application Insights:
The global optoelectronic material market has been segmented on the basis of application into residential & commercial, automotive, consumer electronics, telecommunications and industrial. The residential & commercial application segment dominated the overall industry in 2017 owing to increasing demand for LED lighting products across various end-use verticals. Optoelectronic materials are used in a wide range of applications including traffic signals and streetlights (LED), flat panel displays (LCD), laser printers and copiers, security systems, medical equipment etc.
The use of optoelectronic materials in automobiles is expected to witness significant growth over the forecast period due to rising demand for energy-efficient vehicles from major governments around the world as well as automobile manufacturers themselves. In addition, growing concerns regarding global warming have led major governments around the world to mandate fuel efficiency standards for automobiles which will further increase product usage over the coming years.
Regional Analysis:
The Asia Pacific region is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing adoption of optoelectronic materials in consumer electronics, automotive, and telecommunication applications. The rising demand for high-performance solid state lasers and LEDs from various end-use industries has led OpticsPlanet to expand its presence in this region.
North America accounted for a significant share of global revenue owing to early adoption of laser technologies coupled with growing investments by major players in R&D activities pertaining laser optics & components. Europe also contributed significantly toward regional revenue generation due to early acceptance of modern LED lighting solutions along with stringent regulations regarding energy consumption imposed by governments across countries such as Germany, U.K., Italy, etcetera are projected favorably impact industry growth over next eight years at a significant rate (8% p.a.).
Growth Factors:
- Increasing demand for optoelectronic materials from the display and lighting industries
- Rising demand for energy-efficient and environmentally friendly lighting solutions
- Growing adoption of OLED displays in consumer electronics products
- Proliferation of Internet of Things (IoT) devices and increasing demand for semiconductor components used in these devices
- Technological advancements that enable development of new and improved optoelectronic materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Optoelectronic Material Market Research Report
By Type
Solid Laser Material, Semiconductor Luminescent Material, Optical Fiber Material, Transparent Conductive Film Material, Other Optoelectronic Materials
By Application
Residential & Commercial, Automotive, Consumer Electronics, Telecommunication, Industrial, Healthcare, Aerospace & Defense, Others
By Companies
Nichia, Osram, Samsung, Lumileds, Cree, Seoul Semiconductor, Everlight, LG Innoteck, Epister, Liteon, Avago, Vishay, ON Semiconductor, Renesas Electronics, MLS Lighting, IPG, Coherent, Jenoptik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Optoelectronic Material Market Report Segments:
The global Optoelectronic Material market is segmented on the basis of:
Types
Solid Laser Material, Semiconductor Luminescent Material, Optical Fiber Material, Transparent Conductive Film Material, Other Optoelectronic Materials
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential & Commercial, Automotive, Consumer Electronics, Telecommunication, Industrial, Healthcare, Aerospace & Defense, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nichia
- Osram
- Samsung
- Lumileds
- Cree
- Seoul Semiconductor
- Everlight
- LG Innoteck
- Epister
- Liteon
- Avago
- Vishay
- ON Semiconductor
- Renesas Electronics
- MLS Lighting
- IPG
- Coherent
- Jenoptik
Highlights of The Optoelectronic Material Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid Laser Material
- Semiconductor Luminescent Material
- Optical Fiber Material
- Transparent Conductive Film Material
- Other Optoelectronic Materials
- By Application:
- Residential & Commercial
- Automotive
- Consumer Electronics
- Telecommunication
- Industrial
- Healthcare
- Aerospace & Defense
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Optoelectronic Material Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Optoelectronic materials are materials that can convert light into an electronic signal. This allows for devices to be created that can detect and respond to light, making them useful in a variety of applications.
Some of the major players in the optoelectronic material market are Nichia, Osram, Samsung, Lumileds, Cree, Seoul Semiconductor, Everlight, LG Innoteck, Epister, Liteon, Avago, Vishay, ON Semiconductor, Renesas Electronics, MLS Lighting, IPG, Coherent, Jenoptik.
The optoelectronic material market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Optoelectronic Material Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Optoelectronic Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optoelectronic Material Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Optoelectronic Material Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Optoelectronic Material Market Size & Forecast, 2020-2028
4.5.1 Optoelectronic Material Market Size and Y-o-Y Growth
4.5.2 Optoelectronic Material Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Solid Laser Material
5.2.2 Semiconductor Luminescent Material
5.2.3 Optical Fiber Material
5.2.4 Transparent Conductive Film Material
5.2.5 Other Optoelectronic Materials
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential & Commercial
6.2.2 Automotive
6.2.3 Consumer Electronics
6.2.4 Telecommunication
6.2.5 Industrial
6.2.6 Healthcare
6.2.7 Aerospace & Defense
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optoelectronic Material Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Optoelectronic Material Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Solid Laser Material
9.6.2 Semiconductor Luminescent Material
9.6.3 Optical Fiber Material
9.6.4 Transparent Conductive Film Material
9.6.5 Other Optoelectronic Materials
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential & Commercial
9.10.2 Automotive
9.10.3 Consumer Electronics
9.10.4 Telecommunication
9.10.5 Industrial
9.10.6 Healthcare
9.10.7 Aerospace & Defense
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Solid Laser Material
10.6.2 Semiconductor Luminescent Material
10.6.3 Optical Fiber Material
10.6.4 Transparent Conductive Film Material
10.6.5 Other Optoelectronic Materials
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential & Commercial
10.10.2 Automotive
10.10.3 Consumer Electronics
10.10.4 Telecommunication
10.10.5 Industrial
10.10.6 Healthcare
10.10.7 Aerospace & Defense
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Solid Laser Material
11.6.2 Semiconductor Luminescent Material
11.6.3 Optical Fiber Material
11.6.4 Transparent Conductive Film Material
11.6.5 Other Optoelectronic Materials
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential & Commercial
11.10.2 Automotive
11.10.3 Consumer Electronics
11.10.4 Telecommunication
11.10.5 Industrial
11.10.6 Healthcare
11.10.7 Aerospace & Defense
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Solid Laser Material
12.6.2 Semiconductor Luminescent Material
12.6.3 Optical Fiber Material
12.6.4 Transparent Conductive Film Material
12.6.5 Other Optoelectronic Materials
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential & Commercial
12.10.2 Automotive
12.10.3 Consumer Electronics
12.10.4 Telecommunication
12.10.5 Industrial
12.10.6 Healthcare
12.10.7 Aerospace & Defense
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Solid Laser Material
13.6.2 Semiconductor Luminescent Material
13.6.3 Optical Fiber Material
13.6.4 Transparent Conductive Film Material
13.6.5 Other Optoelectronic Materials
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential & Commercial
13.10.2 Automotive
13.10.3 Consumer Electronics
13.10.4 Telecommunication
13.10.5 Industrial
13.10.6 Healthcare
13.10.7 Aerospace & Defense
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Optoelectronic Material Market: Competitive Dashboard
14.2 Global Optoelectronic Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nichia
14.3.2 Osram
14.3.3 Samsung
14.3.4 Lumileds
14.3.5 Cree
14.3.6 Seoul Semiconductor
14.3.7 Everlight
14.3.8 LG Innoteck
14.3.9 Epister
14.3.10 Liteon
14.3.11 Avago
14.3.12 Vishay
14.3.13 ON Semiconductor
14.3.14 Renesas Electronics
14.3.15 MLS Lighting
14.3.16 IPG
14.3.17 Coherent
14.3.18 Jenoptik
