Optoelectronic semiconductor sales to grow over 11 percent

USA & INDIA: Optoelectronic semiconductors have wide applications in various products ranging from jet visors to data and audio communications devices. Most renowned applications include use of optoelectronics in plasma screens, optical storage devices (such as CDs and DVDs), laser printers, scanners and digital cameras.

With the rapidly growing demand of these products, especially in the emerging markets such as China and India, we foresee a strong growth in the sales of optoelectronic semiconductors in the near future. As a result, the optoelectronics semiconductor market is projected to grow at a CAGR of over 11 percent during our forecast period (2010-2012), says a new report “Semiconductor Industry Forecast to 2012”, from RNCOS.

The research report also covers other semiconductor segments such as integrated circuit (IC), sensors and discrete semiconductors which are anticipated to grow at a CAGR of around 10 percent, over 14 percent and around 8 percent respectively, during the forecast period.

The research report also offers thorough information on various potential applications of semiconductors across the world, including mobile market, PC industry, video surveillance market, wireless industry and satellite navigation market.

The report also provides detailed country level analysis which will help clients to figure out the emerging countries in this field that are expected to witness a rapid uptake of this technology in the coming times. Our report also gives exclusive insights into future potential of the semiconductor market in various countries studied, including the US, the UK, Germany, France, Germany, Japan, Korea, China, India, Taiwan and Russia.