OIDA Releases 9th Global Optoelectronics Market Data Summary.

Forecasts show optoelectronics technologies are key to the developing digital lifestyle

WASHINGTON, D.C. -- The Optoelectronics Industry Development Association (OIDA) has announced its latest market data in its 9th annual global optoelectronics market summary and forecast at the "Perspectives on the Optoelectronics Industry" Forum in San Jose, California. The report will be published and distributed to OIDA members in October 2007. This year's summary is the most comprehensive worldwide market overview of optoelectronics available to the industry. New for the 9th edition, OIDA has extended the traditional trend forecasts to 10 years in many of the covered markets.

In 2006, the optoelectronics market achieved new highs with optoelectronics enabled and components reaching $565 billion, a 14.5% increase over 2005 ($494 billion). OIDA forecasts strong and steady growth over the next decade for the optoelectronics enabled and components market with revenues expected to surpass $1.2 trillion by 2017 and a 2007-2017 Compound Annual Growth Rates (CAGR) of 7.7%. The biggest driver for the growth of this market is LCD displays that will enable a variety of consumer-based products, ranging from TVs to mobile phones and digital assistants.

Within the optoelectronics-enabled products, the growth drivers over the next decade will be solar, computing/processing and consumer displays/TVs. These markets will achieve 2007-2017 CAGR of 17.3%, 5.6% and 6.3% respectively. Their combined total revenues in 2017 are forecasted to top $425 billion. In 2006, these three markets achieved revenues of $198 billion.

The yearly growth for optoelectronics enabled products and systems in 2006 ranged from 8 to 43%. Growth was led by environment/sensing (43.1%) and medical care/welfare (28.6%). The two biggest revenue segments, consumer display/TV and computing/processing both demonstrated solid growth of 20.4% and 8.1% in 2006, over 2005 respectively.

A few key findings in this years report:

1) FPD displays revenues grow to nearly $200 billion over the next decade driven predominantly by a-Si TFT LCDs for consumer products such as TVs

2) White High Brightness LEDs will fuel growth of the LED markets to surpass $14 billion by 2017. The market will be driven by solid state lighting, automotive and signs/displays.

3) The laser market is forecasted to steadily growth from slightly over $6 billion in 2006 to nearly double by the end of the next decade. The non-diode market is expected to surpass the diode market in the 2011 timeframe fueled by materials process, industrial and medical applications.

4) The optical communications market achieved $19 billion in 2006 and is forecasted to near $40 billion by 2017 with 2007-2017 CAGR of 7%. This growth is led by strong growth in optical networking equipment that evolves the network architecture to be more efficient through the use of dynamic optoelectronic components.

5) Optoelectronic transceivers are expected to grow quickly from slightly over $1 billion in 2006 to surpass $6 billion in 2017. Key drivers will be Ethernet/Fiber Channel 10Gbps technology. Over the next decade the emergence of 40Gbps modules will offer new exciting growth opportunities.

6) Solid state lighting devices will grow to over 30% of the lighting market by 2017 thereby giving competition to the incumbent incandescent and fluorescent luminaires. The solid state lighting market is forecasted to grow to over $60 billion over the next decade and will compose predominantly of HBLEDs. OLEDs are expected to penetrate this market slowly due to their high cost structure.

This year's report was assembled at OIDA by Dr. Michael Lebby and OIDA consultant and Chief Analyst for the market summary Dr. Phil Wright. Data was collected from OIDA members, non-members, market research company partners, and members of the International Optoelectronics Associations (IOA). Expanded chapters in this year's report include optoelectronics in wireless consumer products, organic light emitting diodes (OLEDs) and comparisons of decadal forecasted data with OITDA in Japan and PIDA in Taiwan.

About OIDA

The Optoelectronics Industry Development Association (OIDA) is a Washington DC-based, not-for-profit association that serves as the nexus for vision, transformation, and growth of the optoelectronics industry. OIDA advances the competitiveness of its members by focusing on the business of technology, not just technology itself. OIDA members include the leading providers of optoelectronic components and systems enabled by optoelectronics, as well as universities and research institutions. OIDA provides roadmaps, reports, and market data for the optoelectronics industry, serves as the voice of industry to government and academia, acts as liaison with other optoelectronic industry associations worldwide, and provides a network for the exchange of ideas and information within the optoelectronics community. OIDA can found on the associations website: www.oida.org.