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/PRNewswire/ The "Optoelectronics Market Research Report by Electric Vehicle, Vehicle Type, Devices, Distribution, Application, and Region - Global Forecast. ....
/PRNewswire/ The "Optoelectronics Market Research Report by Electric Vehicle, Vehicle Type, Devices, Distribution, Application, and Region - Global Forecast. ....
According to a new market research report “Optoelectronics Market by Device (LEDs, Sensors), Device Material (Gallium Nitride, Indium Phosphide), Application ....
by Device (LED, Sensors), Device Material (Gallium Nitride, Indium Phosphide), Application (Measurement, Communication, Lighting), End User (Consumer Electronics, Healthcare), and Geography Global Forecast to 2027 , published by Meticulous Research® , the optoelectronics market is expected to grow at a CAGR of 9.6% from 2020 to 2027 to reach $77.9 billion by 2027. Optoelectronics technology has found applications across various industry verticals due to the high performance, high bandwidth, and low energy consumption of optoelectronic devices. The technology has witnessed high demand in applications such as telecommunications, monitoring and sensing, long-wavelength LiDAR, microwave photonic links, and medical equipment. LEDs, optocouplers, image sensors, laser diodes, and optical fiber are widely used optoelectronics devices. The optoelectronics market is driven by factors such as the rising demand for optical solutions in the healthcare and automotive industries, grow ....