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Optoelectronics industry is the one to watch

Strategy Analytics’ latest GaAs report says that expanded growth from equipment and material suppliers such as Aixtron and IQE sees substantial growth in the optoelectronics sector.

Despite flattening revenue growth at Oclaro and Cree, the Strategy Analytics GaAs and Compound Semiconductors Service (GaAs) sees continued growth in the optoelectronics segment of the compound semiconductor industry.

This is mainly due to January announcements of new products, equipment orders and capacity expansion. The recently published report, “Compound Semiconductor Industry Review January 2011: Optoelectronics, Materials and Equipment,” captures January 2011 product, technology, contract and financial announcements for optoelectronic companies such as Aixtron, Bridgelux, Cree, KLA-Tencor, Emcore, JDSU, Oclaro, Agilent and IQE.

 “Strong activity at the front-end of the optoelectronic supply chain should sustain continued growth for this segment in 2011,” noted Eric Higham, Director of the Strategy Analytics GaAs and Compound Semiconductor Technologies Service. “Demand for solar energy is increasing strongly. LED use is quickly expanding into a broadening range of consumer applications.”

Asif Anwar, Director in the Strategy Analytics Strategic Technologies Practice, added, “The January product, equipment and capacity announcements show strength in the optoelectronics portion of the compound semiconductor industry.”

The report summarises January 2011 financial, product, contract and employment announcements from major optoelectronic material, device and equipment suppliers. It categorises these announcements by material and equipment, laser, LED and compound photovoltaic activity.

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