TechNavio's analysts forecast the Global Optoelectronics market to grow at a CAGR of 8.7 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing demand for optoelectronic-based LED lamps. The Global Optoelectronics market has also seen miniaturization of optoelectronic devices. However, high cost of production could pose a challenge to the growth of this market.
TechNavio's report, the Global Optoelectronics Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Optoelectronics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Nichia Corp., Sharp Corp., Sony Corp., and Toshiba Corp.