Optoelectronic Components Market Outlook to 2027 Featuring Profiles of Vishay, TT Electronics, Trumpf, Sony, SICK, Sharp, and More - ResearchAndMarkets.com
Himax Technologies, Inc. - American depositary shares, each of which represents two ordinary shares. (HIMX)
Last himax technologies, inc. - american depositary shares, each of which represents two ordinary shares. earnings: 2/13 05:30 am
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DUBLIN--(BUSINESS WIRE)--The "Optoelectronic Components - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.The Global Optoelectronic Components market accounted for $37.55 billion in 2018 and is expected to reach $66.19 billion by 2027, growing at a CAGR of 6.5% during the forecast period.While the factors like growing usage of infrared components in cameras and automobiles and low power consumption of optoelectronic machinery are driving the growth of the market. However, the high costs of raw materials are restraining market growth.Based on end user, consumer electronic devices sub segment in the devices segment is likely to have a huge demand due to technological advancements and the increasing use of consumer goods such as high-end stylish cameras, photocopy kit, smartphones and more. By geography, Europe is estimated to have a lucrative growth due to high growth in emerging countries in this region such as rapid industrialization a
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