Market Overview:
The global opto semiconductors 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 opto semiconductors in various applications, such as residential & commercial, automotive, consumer electronics, telecommunication, industrial and healthcare sectors. Additionally, the growing demand for LED lighting is also contributing significantly to the growth of this market. However, factors such as high initial investment and stringent government regulations are restraining the growth of this market to some extent. Based on type, LED accounted for a major share of the global opto semiconductors market in 2017 and is projected to maintain its dominance during the forecast period. This can be attributed to increasing demand for LEDs in various applications due their superior performance characteristics as compared with other types of opto semiconductor devices. Image sensor was another key type segmented in this market and is projected grow at highest CAGR over 2018-2030 owing rising adoption rates across different application verticals including automotive sector where it helps improve safety features . Infrared component held second largest share among all types opted followed by Optocouplers which are witnessing highest adoption rates currently across different industry verticals including telecom & datacom ,industrial automation etc .
Product Definition:
An opto-semiconductor is a semiconductor device that emits light, used in optical communication and fiber optic sensors.
LED:
LED is Light-Emitting Diode, a semiconductor device that emits light when electricity is applied. The most commonly used type of LED in optoelectronics industry are those based on the solid-state lighting technology. They are smaller than conventional lamps and can be easily mounted on electronic devices or equipment; they consume less power and have a longer lifespan as compared to conventional lamps.
Image Sensor:
The image sensor is a device that detects and converts the light into digital signals. It is used in various applications such as smartphones, cameras, scanners, optical character recognition (OCR), and document management systems. The increasing demand for high-resolution sensors has led to extensive research & development in this field over the past few years.
Application Insights:
The global opto-electronics market has been segmented on the basis of application into residential & commercial, automotive, consumer electronics, telecommunication and industrial. The residential & commercial sector is expected to dominate the overall industry over the forecast period owing to increasing demand for LED light products in this sector. Moreover, growing emphasis towards energy conservation coupled with rising need for lighting controls in homes and offices is further anticipated to drive product demand over the next eight years.
The automotive sector accounted for a significant share in 2017 owing to extensive usage of LEDs as indicators and headlights across various makes and models of vehicles globally. Opto-electronics also find extensive applications across other end-use industries such as healthcare which includes medical equipment & systems that use optical technologies such as imaging devices or laser diodes/LEDs among others. Growing adoption of optoelectronic devices due to their enhanced features coupled with technological advancements are projected to fuel industry growth during future years too.
Regional Analysis:
Asia Pacific region dominated the global opto-semiconductors market in 2016 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for LEDs, which has led to a rise in LED manufacturing capacity across the globe. China is estimated to hold around 80% of Asia Pacific’s LED production capacity by 2020 owing to easy access to raw materials and low labor costs. Moreover, Japan has emerged as one of China's biggest customers for optoelectronic products due rising concerns regarding declining population rates coupled with an aging society that requires assistance from technology for daily chores such as driving a car or watching TV.
Europe was another key contributor towards market growth owing its large presence of image sensor manufacturers such as Carl Zeiss AG (Germany), Nikon Corporation (Japan) and Sony Corporation (Japan).
Growth Factors:
- Increasing demand for optoelectronics in consumer electronics and telecommunications
- Rising demand from automotive sector for LED lighting and advanced driver assistance systems (ADAS)
- Proliferation of Internet of Things (IoT) and increasing demand for smart sensors
- Growing trend of miniaturization in optoelectronics devices
- Emergence of new applications such as 3D sensing, augmented reality, and autonomous driving
Scope Of The Report
Report Attributes
Report Details
Report Title
Opto Semiconductors Market Research Report
By Type
LED, Image Sensor, Infrared Component, Optocouplers, Laser Diode
By Application
Residential & Commercial, Automotive, Consumer Electronics, Telecommunication, Industrial, Healthcare, Others
By Companies
Nichia, Osram, Samsung, Lumileds, Cree, Seoul Semiconductor, Everlight, LG Innoteck, Epister, Liteon, Avago, Vishay, Fairchild, 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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Opto Semiconductors Market Report Segments:
The global Opto Semiconductors market is segmented on the basis of:
Types
LED, Image Sensor, Infrared Component, Optocouplers, Laser Diode
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, 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
- Fairchild
- Renesas Electronics
- MLS Lighting
- IPG
- Coherent
- Jenoptik
Highlights of The Opto Semiconductors 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:
- LED
- Image Sensor
- Infrared Component
- Optocouplers
- Laser Diode
- By Application:
- Residential & Commercial
- Automotive
- Consumer Electronics
- Telecommunication
- Industrial
- Healthcare
- 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 Opto Semiconductors 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.
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- Correctly Positioning New Products
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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?
Opto Semiconductors is a global leader in the development of optoelectronic solutions for industrial, consumer, and military markets. Opto Semiconductors' products are used in a wide range of applications including displays, sensors, communications systems and lighting.
Some of the key players operating in the opto semiconductors market are Nichia, Osram, Samsung, Lumileds, Cree, Seoul Semiconductor, Everlight, LG Innoteck, Epister, Liteon, Avago, Vishay, Fairchild, Renesas Electronics, MLS Lighting, IPG, Coherent, Jenoptik.
The opto semiconductors market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Opto Semiconductors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Opto Semiconductors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Opto Semiconductors Market - Supply Chain
4.5. Global Opto Semiconductors Market Forecast
4.5.1. Opto Semiconductors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Opto Semiconductors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Opto Semiconductors Market Absolute $ Opportunity
5. Global Opto Semiconductors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Opto Semiconductors Market Size and Volume Forecast by Type
5.3.1. LED
5.3.2. Image Sensor
5.3.3. Infrared Component
5.3.4. Optocouplers
5.3.5. Laser Diode
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Opto Semiconductors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Opto Semiconductors Market Size and Volume Forecast by Application
6.3.1. Residential & Commercial
6.3.2. Automotive
6.3.3. Consumer Electronics
6.3.4. Telecommunication
6.3.5. Industrial
6.3.6. Healthcare
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Opto Semiconductors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Opto Semiconductors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Opto Semiconductors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Opto Semiconductors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Opto Semiconductors Demand Share Forecast, 2019-2026
9. North America Opto Semiconductors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Opto Semiconductors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Opto Semiconductors Market Size and Volume Forecast by Application
9.4.1. Residential & Commercial
9.4.2. Automotive
9.4.3. Consumer Electronics
9.4.4. Telecommunication
9.4.5. Industrial
9.4.6. Healthcare
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Opto Semiconductors Market Size and Volume Forecast by Type
9.7.1. LED
9.7.2. Image Sensor
9.7.3. Infrared Component
9.7.4. Optocouplers
9.7.5. Laser Diode
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Opto Semiconductors Demand Share Forecast, 2019-2026
10. Latin America Opto Semiconductors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Opto Semiconductors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Opto Semiconductors Market Size and Volume Forecast by Application
10.4.1. Residential & Commercial
10.4.2. Automotive
10.4.3. Consumer Electronics
10.4.4. Telecommunication
10.4.5. Industrial
10.4.6. Healthcare
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Opto Semiconductors Market Size and Volume Forecast by Type
10.7.1. LED
10.7.2. Image Sensor
10.7.3. Infrared Component
10.7.4. Optocouplers
10.7.5. Laser Diode
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Opto Semiconductors Demand Share Forecast, 2019-2026
11. Europe Opto Semiconductors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Opto Semiconductors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Opto Semiconductors Market Size and Volume Forecast by Application
11.4.1. Residential & Commercial
11.4.2. Automotive
11.4.3. Consumer Electronics
11.4.4. Telecommunication
11.4.5. Industrial
11.4.6. Healthcare
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Opto Semiconductors Market Size and Volume Forecast by Type
11.7.1. LED
11.7.2. Image Sensor
11.7.3. Infrared Component
11.7.4. Optocouplers
11.7.5. Laser Diode
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Opto Semiconductors Demand Share, 2019-2026
12. Asia Pacific Opto Semiconductors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Opto Semiconductors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Opto Semiconductors Market Size and Volume Forecast by Application
12.4.1. Residential & Commercial
12.4.2. Automotive
12.4.3. Consumer Electronics
12.4.4. Telecommunication
12.4.5. Industrial
12.4.6. Healthcare
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Opto Semiconductors Market Size and Volume Forecast by Type
12.7.1. LED
12.7.2. Image Sensor
12.7.3. Infrared Component
12.7.4. Optocouplers
12.7.5. Laser Diode
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Opto Semiconductors Demand Share, 2019-2026
13. Middle East & Africa Opto Semiconductors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Opto Semiconductors Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Opto Semiconductors Market Size and Volume Forecast by Application
13.4.1. Residential & Commercial
13.4.2. Automotive
13.4.3. Consumer Electronics
13.4.4. Telecommunication
13.4.5. Industrial
13.4.6. Healthcare
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Opto Semiconductors Market Size and Volume Forecast by Type
13.7.1. LED
13.7.2. Image Sensor
13.7.3. Infrared Component
13.7.4. Optocouplers
13.7.5. Laser Diode
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Opto Semiconductors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Opto Semiconductors Market: Market Share Analysis
14.2. Opto Semiconductors Distributors and Customers
14.3. Opto Semiconductors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nichia
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Osram
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Samsung
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lumileds
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cree
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Seoul Semiconductor
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Everlight
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. LG Innoteck
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Epister
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Liteon
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Avago
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Vishay
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Fairchild
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Renesas Electronics
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. MLS Lighting
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. IPG
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Coherent
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Jenoptik
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
