Description
Optoelectronics is the science and
application of electronics that use light as their source and can detect and
control the various properties of light. Optoelectronics as a science is
generally accepted as a branch of photonics. By definition, in addition to
visible light, optoelectronics also includes light in the form of radiation
such as gamma radiation, X-rays, infrared, and ultraviolet radiation.
Optoelectronics is directly connected to semiconductors as it has its origins
in the quantum mechanical effects of light on electronic materials, especially
semiconductors, and can also be sometimes used with an application of electric
fields of various intensities.
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One of the major factors restraining
the growth of this market is their higher cost compared to conventional
products. In case of the application market, liquid crystal displays
(LCDs) are the major substitutes for LEDs and are much more economical
in spite of a definite difference in the quality. The replacement cost
for spare parts is also very high and this is a major hurdle in the
sales of LEDs which occupy the major revenue segment in optoelectronics.
Some of the market players in this
industry segment are Sony Corp., Sharp Corp., Toshiba Corp., Panasonic,
ROHM, Avago Technologies, BetaLED, Philips and others.
This research report analyzes this
market depending on its market segments, major geographies, and current
market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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