How big is the Americas Optoelectronics Market?

The Americas Optoelectronics Market size is expected to reach USD 13.17 billion in 2024 and grow at a CAGR of 10.30% to reach USD 21.93 billion by 2029. Read More

What is the current Americas Optoelectronics Market size?

In 2024, the Americas Optoelectronics Market size is expected to reach USD 13.17 billion. Read More

Who are the key players in Americas Optoelectronics Market?

Panasonic Corporation, Samsung Electronics, General Electric Company, Sony Corporation and Omnivision Technologies Inc are the major companies operating in the Americas Optoelectronics Market. Read More

What years does this Americas Optoelectronics Market cover, and what was the market size in 2023?

In 2023, the Americas Optoelectronics Market size was estimated at USD 11.81 billion. The report covers the Americas Optoelectronics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Americas Optoelectronics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Americas Optoelectronics Market Size & Share Analysis - Industry Research Report

Americas Optoelectronics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Americas Optoelectronics Market is Segmented by Component Type (Photo Voltaic (PV) Cells, Optocouplers, Image Sensors, Light Emitting Diodes (LED), Laser Diode (LD), Infrared (IR), and Other Component Types), by End-User (Aerospace & Defense, Automotive, Consumer Electronics, Information Technology, Healthcare, Residential, and Commercial, Industrial, and Other End-User Industries), and by Geography (North America and Latin America). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

Americas Optoelectronics Industry Overview

The competitive rivalry in the Americas optoelectronics market is high owing to the presence of major players like General Electric Company, Panasonic Corporation, Samsung Electronics, Omnivision Technologies Inc., and Sony Corporation, among others. Strategic partnerships, mergers, and acquisitions have enabled the companies to expand, achieve a significant market share, and maintain a strong market position.

In June 2022, the world's first open silicon photonics architecture with integrated lasers was revealed by OpenLight Inc. The California-based company wants to make it easier for chipmakers to build photonic integrated circuits (PICs) with the highest possible performance.

In February 2022, Veeco Instruments revealed that an optoelectronic part manufacturer purchased numerous Lumina MOCVD Systems to fabricate cutting-edge photonics applications. The client now uses several Veeco MOCVD systems and different Veeco technologies.