Nov 29 2010
MarketResearch.com has released a new report from GBI Research, titled ‘Optoelectronics Market to 2020 - Push for Energy Efficiency to Increase Demand for LED-based Applications’.
The report offers a complete analysis and key data on trends and market opportunities in the optoelsectronics sector. In addition, the report provides current data on optoelectronics market’s revenues.
LED lighting
According to the report, the growing demand for energy-saving systems would propel the sales of LED-based applications. The lamp and display market would grow at 9.41% CAGR during the period of 2009-2020.
The automotive sector will be a major consumer of optoelectronic devices over the 2009 to 2020 periods. The sector will rely on the optoelectronic industry for convenience and safety solutions.
The research report provides forecasts on optoelectronic products until 2020 and also provides a study based on the geography until 2020. Furthermore, the report offers growth forecasts and major market trends for various optoelectronic applications in automobile, consumer electronics, life sciences, communication, and computing sectors.