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  4. > Breakthrough Innovations in Optoelectronics (Technical Insights) : Innovations in optoelectronics enabling next generation products and wider commercial adoption

Research Scope
The Technical Insights division of Frost & Sullivan evaluated innovations related to optoelectronics technology and profiled the key breakthrough innovations in this research service. Along with that, the report also covers a basic overview of optoelectronics, key application areas, drivers and challenges, innovation indicators (Funding and IP scenario), and insights on impact on megatrends and potential points of convergence.

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. 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.

IP Activity
The patent landscape is dominated by Samsung, 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.

Government support programs play an important role in funding the research and development activities of the 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.

Breadth of Industries
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.

Potential Points of Convergence
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 in products that have traditionally been of high cost.
•Advanced functional capabilities that enables development of next generation products in various markets

Optoelectronics–An Overview

•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 LED 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.

Market Impact
•Major revenue is expected from the consumer electronics field that includes light-emitting diode (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 Analysis, the global optoelectronics market is expected to reach approximately 28 billion dollars by the end of 2018.

Innovation Hotspots

In the image sensing market, efforts are ongoing to achieve high dynamic range, increased spatial resolution, high frame rate, and scalable architecture to reduce noise and power consumption.
Infrared image sensors were traditionally used for defense applications, but reduced cost and technical improvements have enabled thermal resistive microbolometers to be used in other applications, such as thermography, fire fighting, law enforcement. In applications such as security and defense, there is a focus on improving uncooled infrared sensors to achieve higher sensitivity, small form factor, night vision and high image quality
LIDAR systems available in the market tend to be rather expensive. There is a need to enable new LIDAR systems with low cost, light weight and low power consumption.
Fiber optics available in the market can achieve bandwidths of gigabit per second. There is ongoing development in fiber optics to achieve higher bandwidth, and high data speed. Advances in fiber optic sensors include improved distributed monitoring capability

Table Of Contents

Breakthrough Innovations in Optoelectronics (Technical Insights) : Innovations in optoelectronics enabling next generation products and wider commercial adoption
Executive Summary 3
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
Innovation Indicators 14
a. Funding Scenario 15
b. Patent Activity 17
c. Global Footprint 18
Market Implications of Key Innovations 18
Strategic Insights 28
a. Impact on Megatrends 29
b. Technology Convergence 30
c. Analyst Insights 31
The Frost and Sullivan Story 33

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