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(Transportation-News.com, February 14, 2018 ) The devices which source or detect light are known as optoelectronic devices. These devices are used to convert electricity into light or light into electricity. Devices like LED’s, laser diodes (LD), IR components, Image sensors and photovoltaic cells are into the optoelectronics type. The rise in the demand for the electronic equipment has boosted this market. The Key points like the need for more efficient and sophisticated technology, Rise in the demand of smartphones and other electrical components are promoting the optoelectronics markets while the factors like high cost of the technology and availability of low-cost alternatives resulting in slow growth have been hampering the markets of the optoelectronics.
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Europe Optoelectronics Market Top Players
• Sony Corporation
• HAMAMATSU Corporation
• ASE Optics
• OMC Fiber optics
• Bright tec optoelectronics
• OSI Optoelectronics
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