The Optoelectronics Industry Development Association (OIDA) has recently released its 2007 GLOBAL OPTOELECTRONICS INDUSTRY MARKET REPORT AND FORECAST (see press release here). The report is available to OIDA members in October 2007. A number of reports on several optoelectronics technology and market segments are also available to non-members directly from OIDA including the 2006 Global Optoelectronics Industry Market Report and Forecast (click here for reports). Additions to this year’s 540-page market summary of optoelectronics include:
* Ten-year forecasts of the global optoelectronics industry
* Reclassification of “enabled optoelectronics”
* Decade forecasts of each of the major OE segments
* Two new chapters: Wireless Device Applications and Organic Light Emitting Diodes
* Updated data for each chapter
* Comparison of the global market summary with that of OITDA (Japan) and PIDA (Taiwan)
In the preface to the annual market report, “OIDA acknowledges Dr. Phil Wright, Managing Director of WRT Associates, who has contributed significantly to, and acted as OIDA’s chief analyst for, the review. In particular, Phil has led the forecasting and review of optoelectronics in wireless, OLED, solar, medical, image sensor, LED, and wireless consumer product technology.”
The 2007 report is the ninth annual Global Optoelectronics Industry Market Report and Forecast to be delivered by OIDA to its members. Consider joining OIDA for access to technology, industry and market data about this rapidly growing market opportunity. In 2006, the optoelectronics market achieved new highs with optoelectronics enabled and components market revenues reaching $565 billion, a 14.5% increase over 2005 ($494 billion). OIDA forecasts strong and steady growth over the next decade for the optoelectronics enabled and components market with revenues expected to surpass $1.2 trillion by 2017 and a 2007-2017 Compound Annual Growth Rates (CAGR) of 7.7%.
Looking ahead, the Optoelectronics market will offer companies and investors an abundance of interesting and profitable opportunities.
