Download - Breakthrough Innovations in Optoelectronics
Broad Application Scope of Optoelectronics
Fuels its Popularity among End Users
Research PREVIEW for
Breakthrough Innovations in Optoelectronics
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The Full Analysis Features the Following Content
Topic Slide No.
1. Executive Summary 3
2. Innovation Landscape 8
a. Optoelectronics – an overview 9
b. Key focus areas in Optoelectronics – Innovation Hotspots 10
c. Wide Application Scope for Optoelectronics 11
d. Growth Drivers and Industry Challenges 12
3. Innovation Indicators 14
a. Funding Scenario 15
b. Patent Activity 17
c. Global Footprint 18
4. Market Implications of Key Innovations 18
5. Strategic Insights 28
a. Impact on Megatrends 29
b. Technology Convergence 30
c. Analyst Insights 31
6. The Frost & Sullivan Story 33
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Key Findings
Impact
IP Activity
Optoelectronics (which involves components that detect, source, or control
visible or invisible light for transmitting and receiving data) has been widely
adopted in various applications such as automation, imaging, consumer
electronics, and security and surveillance. The technology is expected to
grow in automotive applications. Optoelectronics devices enabled by different
materials are making inroads into this sector and are expected to be adopted
on a large scale.
The patent landscape is dominated by Samsung and Corning Optical
Communication LLC, followed by Lockheed Martin Corporation. Companies
are building a strong IP portfolio with patents related to advancements in
optoelectronics technologies. This is seen as one of the strategies employed
by the companies to maintain their competitive edge.
Funding
Government support programs play an important role in funding the research
and development activities that drive various innovations in optoelectronics.
Currently, funding is mainly focused on developing this technology to meet
the growing needs of customers and making devices more feasible for
integration into various consumer products.
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Key Findings (continued)
Breadth of Industries
Potential Points of
Convergence
Optoelectronics has been implemented in a large number of products in the
consumer electronics market. In the electronics arena, there has been prolific
adoption of image and infrared sensing. Cross industrial adoption of this
technology is also expanding.
In building automation, there has been an increase in the demand for
lighting. Optoelectronics is seen as a solution to address these growing user
needs. This technology has the potential to open up or expand the industrial,
automotive, commercial, and healthcare sectors, where it could be adopted
on a large scale.
Business
Implications
Breakthrough Innovations in the field of optoelectronics are enabling:
• Significant cost reduction of products that have traditionally been of high
cost.
• Advanced functional capabilities that enable development of next-
generation products in various markets.
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Optoelectronics–An OverviewO
verv
iew
Mark
et
Imp
act
Sig
nif
ican
ce
• An optoelectronic device is capable of converting an electrical signal into
optical signals or vice versa.
• The main functions of optoelectronics components are responding to optical
power, emitting or modifying optical power, and utilizing optical radiation for
internal operations. Optoelectronics helps to increase the efficiency of
electronic products.
• Optoelectronic sensors can be used for applications, such as image sensing,
ambient light detection and gas sensing. In the industrial segment, they can
be used for proximity sensing and color quality control, and in consumer
electronics for backlight control and display management and healthcare.
• Rising awareness of energy conservation will drive the adoption of
optoelectronic devices such as light-emitting diodes (LEDs) in lighting
applications. The LED lighting sub-segment is expected to have high
efficiency rates, longer lifespans, and enable superior brightness for LEDs.
• The market for optoelectronics is at a relatively mature stage and newer
applications, such as, ambient light sensing for building automation, and
image sensors for automobiles are expected to grow.
• The costs of raw materials and labor for manufacturing optoelectronics
products is expected to be stable.
• Major revenue is expected from the consumer electronics field that includes
LED backlit display devices, LED lighting solutions, mobile phones with
cameras, digital still cameras, and digital single-lens reflex (DSLR) cameras.
The automotive segment will be the key vertical market in which numerous
innovations will be witnessed.
• The green movement across the globe supported by various governments will
encourage the use of power-efficient optoelectronic products in electronic
devices.
• According to Frost & Sullivan’s analysis, the global optoelectronics market is
expected to reach approximately 28 billion dollars by the end of 2018.
Technology Maturity0
1
2 3
4
5
Technology Adoption0
1
2 3
4
5
6
Visible Light
Communication
Smart lighting,
Mobile Connectivity
Hazardous
Environments
Vehicle and
Transportation
Laser (excluding
LIDAR)
Defense
Medical
Industrial
Commercial
Gas detection
Proximity/Position
Sensing
LIDAR (Light
Detection and
Ranging)
Topographic
mapping for
industrial,
automotive, and
defense
Infrared Sensor
Night vision, missile
guidance systems hyper
spectral imaging, photo
bio modulation, gas
detectors, water
analysis, petroleum
exploration, temperature
sensing, proximity
sensing
Image Sensor
Iris scanning,
fingerprint scanning,
mobile phones
authentication,
passports, digital
cameras, medical
devices, automotive,
scientific, aerospace
Fiber Optics
Networking, defense,
automotive, data storage
equipment, sensing,
electronics, utilities
(temperature sensing,
current sensing), oil and
gas and imaging, data
transmission , harsh
environment
Application Landscape
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Drivers and Challenges–Snapshot
Driv
ers
Re
strain
ts
Denotes Long term Impact (7-9 Years)
Denotes Current Impact (1-3 Years)
Low-Power
Consumption
Source: Frost & Sullivan.
Low
Medium
High
Impact
Low
Medium
High
Broad
Application
Scope
Untapped
Materials
Developing
Economies
Lifetime
Economic
Compatibility
of MaterialsCost
Scalability
Design
Flexibility
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Interested in Full Access? Connect With Us
Ariel BrownCorporate Communications
(210) 247.2481
Research Authors
Sitanshu
Shastri
Industry Analyst
Technical
Insights
Sumit Kumar
Pal
Senior Research
Analyst
Technical
Insights
Kasthuri
Jagdeesan
Program Manager
Technical Insights
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Industry ConvergenceComprehensive Industry Coverage Sparks Innovation Opportunities
Automotive&
Transportation
Aerospace & Defense Measurement &Instrumentation
Information &Communication Technologies
HealthcareEnvironment & BuildingTechnologies
Energy & PowerSystems
Chemicals, Materials& Food
Electronics &Security
Industrial Automation& Process Control
AutomotiveTransportation & Logistics
ConsumerTechnologies
Minerals & Mining