How big is the South Korea Optoelectronics Market?

The South Korea Optoelectronics Market size is expected to reach USD 2.17 billion in 2024 and grow at a CAGR of 5.30% to reach USD 2.81 billion by 2029. Read More

What is the current South Korea Optoelectronics Market size?

In 2024, the South Korea Optoelectronics Market size is expected to reach USD 2.17 billion. Read More

Who are the key players in South Korea Optoelectronics Market?

SK Hynix Inc., Samsung Electronics, Sony Corporation, LITE-ON Technology Corporation and Broadcom Inc. are the major companies operating in the South Korea Optoelectronics Market. Read More

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

In 2023, the South Korea Optoelectronics Market size was estimated at USD 2.05 billion. The report covers the South Korea Optoelectronics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South Korea Optoelectronics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

South Korea Optoelectronics Market Size & Share Analysis - Industry Research Report

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

The South Korea Optoelectronics Market Report is Segmented by Device Type (LED, Laser Diode, Image Sensors, Optocouplers, Photovoltaic Cells, and Other Device Types) and End User (Automotive, Aerospace and Defense, Consumer Electronics, Information Technology, Healthcare, Residential and Commercial, Industrial, and Other End Users). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

South Korea Optoelectronics Industry Overview

The South Korean optoelectronics market is a fragmented market with the presence of various players like Panasonic Corporation, Samsung Electronics, Omnivision Technologies Inc., Sony Corporation, Osram Licht AG, Koninklijke Philips NV, Vishay Intertechnology Inc., Texas Instruments Inc., LITE-ON Technology Corporation, Rohm Co. Ltd (ROHM SEMICONDUCTOR), Mitsubishi Electric Corporation, Broadcom Inc., Sharp Corporation, SK Hynix Inc., etc. The companies in the market are innovating advanced products that cater to consumers' complex and evolving requirements.

In September 2023, Sony Semiconductor Solutions Corporation announced the release of the IMX735, a new CMOS image sensor for automotive cameras with a high pixel count of 17.42 effective megapixels. The new sensor product would aid the development of automotive camera systems capable of sophisticated sensing and recognition performance, thereby contributing to safe, secure, automated driving.

In September 2023, Getac announced that it had successfully implanted LiFitechnology into its rugged devices as part of a recent innovation project with Signify, the global player in lighting. Signify and Getac is part of the Light Communication Alliance (LCA), a community of industry players, researchers, and innovators who feel in Optical Wireless Communication's power to transform how organizations connect and communicate.