Market Size, Share, and Forecast for the Opto Semiconductors in 2028

 The opto semiconductors market has seen substantial expansion over the past few years, driven by the proliferation of display technologies and the rising demand for energy-efficient lighting solutions. Opto semiconductors, which include LEDs, OLEDs, laser diodes, and photovoltaic cells, are semiconductor devices that emit, detect, or manipulate light. Gallium nitride, gallium arsenide, and indium phosphide are among the new optical semiconductor materials that have entered the market; gallium nitride is the one that is most frequently used for LED lighting applications. The desire for more energy-efficient lighting options and the uptake of cutting-edge technologies like augmented reality and virtual reality are projected to fuel the growth of the opto semiconductors market in the upcoming years.

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https://www.fortunebusinessinsights.com/opto-semiconductors-market-105197

 

Key Players:

·         TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION (Japan)

·         ROHM CO., LTD. (Japan)

·         Vishay Intertechnology, Inc. (United States)

·         Renesas Electronics Corporation. (Japan)

·         ON Semiconductor (United States)

·         Broadcom (United States)

·         Mitsubishi Electric Corporation (Japan)

·         LITE-ON Technology, Inc. (Taiwan)

·         TT Electronics (United Kingdom)

·         OSRAM Opto Semiconductors GmbH (Germany)

 

 

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