— To keep customers interested, market participants must roll out cost-effective products that yield accurate results, finds Frost & Sullivan
MOUNTAIN VIEW, Calif., Feb. 4, 2015 /PRNewswire/ — Availability of untapped advanced materials, organic substrates and thin films is driving growth of optoelectronics devices in leading applications. While most flexible electronics and optoelectronics devices are fabricated using organic materials, inorganic compound semiconductors are slowly gaining prominence. Inorganic compound semiconductors offer superior optical, electrical and mechanical properties, and are fostering prospects for optoelectronics device manufacturers globally.
Encouraged by these trends, researchers are exploring new materials that can be used to manufacture optoelectronic devices, according to a new Frost & Sullivan, Breakthrough Innovations in Optoelectronics.
For complimentary access to more information on this research, please visit: http://bit.ly/D62DTI.
"Image sensing is the most promising application of optoelectronics technology in the consumer electronics, imaging, automotive and security sectors," noted Technical Insights Research Analyst Sitanshu Shastri. "However, the integration of copper indium and selenide atoms on silicon substrates has enabled new applications across these sectors and beyond."
Overall, optoelectronics technologies witness higher adoption rates, driving advances in image sensor systems and high-capacity batteries. With the development of low-power-consuming optoelectronics devices – such as light-emitting diodes – market sentiment towards these products is improving.
Some end users are hesitant to use the technology, dissuaded by the complexity of optoelectronic device integration. Difficulty achieving accurate results in the face of insufficient light, external noise and frame rates will compound this issue.
"Optoelectronic device manufacturers must not only strive to achieve exceptional coating uniformity, but also reconfigure frame rates and adjust the onboard analog-to-digital converter to boost device lifetime and accuracy," said Senior Research Analyst Sumit Kumar Pal. "To increase penetration, the market will need optoelectronic systems that reduce noise in data collected and heighten the efficiency of electronic devices."
Overall, participants capable of rolling out cost-efficient, thin and flexible optoelectronic devices will gain an edge in the market. Intense competition from emerging players also means that strategically positioning advanced technologies as early in the product lifecycle as possible will be vital to generate maximum revenue prior to patent expiration.
Breakthrough Innovations in Optoelectronics, a part of the Technical Insights subscription, provides an overview of key innovations in optoelectronics and identifies the benefits and challenges of various technologies such as fiber optics, image sensing, infrared sensing and visible light communication. It also offers insights on the funding and patent landscape, along with the implications of current and future applications of optoelectronics. Further, this research service includes detailed technology analysis and industry trends evaluated following extensive interviews with market participants.
Technical Insights is an international technology analysis business that produces a variety of technical news alerts, newsletters, and research services.
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Breakthrough Innovations in Optoelectronics
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