Automotive industry playing an increasing role in the optoelectronic component market, says IHS

The optoelectronic component market has been dominated by a number of applications in recent years. For LEDs, backlighting and the emergence of solid state lighting are the main applications. In the optocoupler and photo relay markets focus has been on the industrial segment, while the infrared component and sensor markets are dominated by the consumer and telecommunications segments. With car ownership increasing in less economically developed regions and vehicles becoming more technologically advanced, the automotive segment is playing an increasingly important role across all the major opotoelectronic component product types, according to IHS.



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via Yuichun