List of Contents

Optoelectronics Market Size, Share, and Trends 2024 to 2034

The global optoelectronics market size accounted for USD 8.28 billion in 2024, grew to USD 9.31 billion in 2025 and is projected to surpass around USD 26.84 billion by 2034, representing a healthy CAGR of 12.48% between 2024 and 2034.

  • Last Updated : June 2023
  • Report Code : 3065
  • Category : Semiconductor and Electronic

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Optoelectronics Market 

5.1. COVID-19 Landscape: Optoelectronics Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Optoelectronics Market, By Device

8.1. Optoelectronics Market Revenue and Volume Forecast, by Device, 2024-2034

8.1.1. LEDs

8.1.1.1. Market Revenue and Volume Forecast (2021-2034)

8.1.2. Sensors

8.1.2.1. Market Revenue and Volume Forecast (2021-2034)

8.1.3. Infrared Components

8.1.3.1. Market Revenue and Volume Forecast (2021-2034)

8.1.4. Optocouplers

8.1.4.1. Market Revenue and Volume Forecast (2021-2034)

8.1.5. Photovoltaic Cells

8.1.5.1. Market Revenue and Volume Forecast (2021-2034)

8.1.6. Display

8.1.6.1. Market Revenue and Volume Forecast (2021-2034)

8.1.7. Others

8.1.7.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 9. Global Optoelectronics Market, By Device Material

9.1. Optoelectronics Market Revenue and Volume Forecast, by Device Material, 2024-2034

9.1.1. Gallium Phosphide

9.1.1.1. Market Revenue and Volume Forecast (2021-2034)

9.1.2. Gallium Arsenide

9.1.2.1. Market Revenue and Volume Forecast (2021-2034)

9.1.3. Gallium Nitride

9.1.3.1. Market Revenue and Volume Forecast (2021-2034)

9.1.4. Silicon Carbide

9.1.4.1. Market Revenue and Volume Forecast (2021-2034)

9.1.5. Silicon-Germanium

9.1.5.1. Market Revenue and Volume Forecast (2021-2034)

9.1.6. Indium Phosphide

9.1.6.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 10. Global Optoelectronics Market, By Application 

10.1. Optoelectronics Market Revenue and Volume Forecast, by Application, 2024-2034

10.1.1. Communication

10.1.1.1. Market Revenue and Volume Forecast (2021-2034)

10.1.2. Security & Surveillance

10.1.2.1. Market Revenue and Volume Forecast (2021-2034)

10.1.3. Lighting

10.1.3.1. Market Revenue and Volume Forecast (2021-2034)

10.1.4. Measurement

10.1.4.1. Market Revenue and Volume Forecast (2021-2034)

10.1.5. Displays

10.1.5.1. Market Revenue and Volume Forecast (2021-2034)

10.1.6. Others

10.1.6.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 11. Global Optoelectronics Market, By Industry Vertical 

11.1. Optoelectronics Market Revenue and Volume Forecast, by Industry Vertical, 2024-2034

11.1.1. Consumer Electronics

11.1.1.1. Market Revenue and Volume Forecast (2021-2034)

11.1.2. Automotive

11.1.2.1. Market Revenue and Volume Forecast (2021-2034)

11.1.3. Aerospace & Defense

11.1.3.1. Market Revenue and Volume Forecast (2021-2034)

11.1.4. IT & Telecommunication

11.1.4.1. Market Revenue and Volume Forecast (2021-2034)

11.1.5. Food & Beverage

11.1.5.1. Market Revenue and Volume Forecast (2021-2034)

11.1.6. Healthcare

11.1.6.1. Market Revenue and Volume Forecast (2021-2034)

11.1.7. Energy & Utilities

11.1.7.1. Market Revenue and Volume Forecast (2021-2034)

11.1.8. Energy & Utilities

11.1.8.1. Market Revenue and Volume Forecast (2021-2034)

11.1.9. Industrial

11.1.9.1. Market Revenue and Volume Forecast (2021-2034)

11.1.10. Commercial

11.1.10.1. Market Revenue and Volume Forecast (2021-2034)

11.1.11. Others

11.1.11.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 12. Global Optoelectronics Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.1.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.1.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.1.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.1.5.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.1.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.1.5.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.1.6.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.1.6.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.1.6.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.2.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.2.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.2.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.2.5.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.2.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.2.5.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.2.6.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.2.6.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.2.6.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.2.7.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.2.7.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.2.7.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.2.8.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.2.8.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.2.8.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.3.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.3.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.3.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.3.5.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.3.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.3.5.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.3.6.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.3.6.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.3.6.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.3.7.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.3.7.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.3.7.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.3.8.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.3.8.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.3.8.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.4.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.4.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.4.5.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.4.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.4.5.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.4.6.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.4.6.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.4.6.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.4.7.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.4.7.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.4.7.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.4.8.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.4.8.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.4.8.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.5.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.5.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.5.5.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.5.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.5.5.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Device (2021-2034)

12.5.6.2. Market Revenue and Volume Forecast, by Device Material (2021-2034)

12.5.6.3. Market Revenue and Volume Forecast, by Application (2021-2034)

12.5.6.4. Market Revenue and Volume Forecast, by Industry Vertical (2021-2034)

Chapter 13. Company Profiles

13.1. Samsung Electronics

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Panasonic Corporation

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. General Electric Company

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Omnivision Technologies Inc

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Sony Corporation

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Koninklijke Philips N.V.

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Osram Licht AG

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Vishay Intertechnology, Inc

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Texas Instruments Inc

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Rohm Co., Ltd (ROHM SEMICONDUCTOR)

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The global optoelectronics market size is expected to increase USD 26.84 billion by 2034 from USD 8.28 billion in 2024.

The global optoelectronics market will register growth rate of 12.48% between 2024 and 2034.

The major players operating in the optoelectronics market are Samsung Electronics, Panasonic Corporation, General Electric Company, Omnivision Technologies Inc, Sony Corporation, Koninklijke Philips N.V., Osram Licht AG, Vishay Intertechnology, Inc, Texas Instruments Inc, Rohm Co., Ltd, Stanley Electric Co, Mitsubishi Electric, and Others.

The driving factors of the optoelectronics market are the increasing automotive industry, increasing investment in medical and medical devices and growing investment in smart cities.

Asia Pacific region will lead the global optoelectronics market during the forecast period 2024 to 2034.

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