Optoelectronic IC market to nab nearly $2 billion worldwide by 2006
Worldwide consumption of optoelectronic integrated circuits (OEICs) will rebound from its 2002 low of $320 million to net $1.94 billion by 2006, contends a new report from ElectroniCast (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 enjoy the fastest growth, gaining a 36% value share by 2006. According to the report, competition in this 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 study, "Opto-electronic Integrated Circuits (OEICs) and Related Devices/Parts" is the ninth volume in ElectroniCast's Rapid Reaction Reports. For more information, call 650-343-1398 or visit the company's Website at www.electronicast.com.