Worldwide consumption of opto-electronic integrated circuits (OEICs) will rebound from its 2002 low of $320 million to net $1.94 billion by 2006, contends a new report from market researcher ElectroniCast Corp. (San Mateo, CA). Hybrid OEICs will achieve the greatest consumption value--59% by 2003--but monolithic OEICs will see the fastest growth, notes Jeff D. Montgomery, ElectroniCast founder and chairman.
Telecommunications equipment transceivers are expected to lead OEIC applications, but the military/aerospace segment will experience the fastest growth, gaining a 36% value share by 2006. According to the report, competition in the space is undergoing dramatic change, thanks to the restructuring of traditional leading OEIC manufacturers, the emergence of startups to commercial shipment status, and the transition from silicon to compound semiconductor materials.
The new study, "Optoelectronic Integrated Circuits (OEICs) and Related Devices/Parts" is the ninth volume in ElectroniCast's Rapid Reaction Reports. The study includes a detailed competitive analysis and 2003-2006 forecasts of applications and consumption.