Europe Optoelectronic Components Market Size, Share & Industry Trends Analysis Report By Material, By Application, By Component (Sensor, LED, and Laser Diode & Infrared Components), By Vertical, By Country and Growth Forecast, 2023 - 2029

The Europe Optoelectronic Components Market would witness market growth of 4.6% CAGR during the forecast period (2023-2029).

A significant factor in the market's growth is the increasing usage of infrared components in electronics like cameras, thermal imaging systems, etc., for automotive positioning systems. For determining the physical consequences of light in electronic devices, optoelectronics is the most common approach. Devices that detect or emit light are the major focus of this technique. In addition, telecom, automatic access control, medical equipment, and even the military heavily rely on optoelectronic devices for a variety of uses. Some of the more well-known optometric instruments are blue lasers, optical fibers, and LED traffic lights.

In addition, they are employed in solar energy projects like solar charge controllers, sun-tracking solar panels, automatic irrigation systems, etc. The demand for better imaging and optical sensing products in the healthcare sector, as well as the physical characteristics of optoelectronic sensors that allow them to function in harsh environments, are the main factors driving the expansion of the optoelectronic components market. These factors include the growing prevalence of infrared components in electronic products and automobiles, their long life, and low power consumption. The growing use of optoelectronics in the research and development of a variety of electronic components, including displays, optical storage, optical communication systems, cameras, and remote sensing systems, is driving the market.

Europe is increasing the use of smart commercial lighting products due to the region's growing use of technology to conserve energy and cut energy costs, which is driving the development of novel LED lighting solutions. In addition, the first multi-level intelligent control-connected city lighting system is being developed and installed in the region. The system uses a GIS-based management system to connect street lamps to the IoT or Internet of Things and offers cities access to each lamp's performance, has increased the need for intelligent commercial lighting solutions. Therefore, the region presents lucrative growth prospects for the optoelectronic components market.

The Germany market dominated the Europe Optoelectronic Components Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $3,638.8 million by 2029. The UK market is experiencing a CAGR of 3.7% during (2023 - 2029). Additionally, The France market would exhibit a CAGR of 5.3% during (2023 - 2029).

Based on Material, the market is segmented into Gallium Nitride, Gallium Arsenide & Gallium Phosphide, Silicon Carbide, Indium Phosphide, and Silicon Germanium. Based on Application, the market is segmented into Measurement, Lighting, Communication, Security & Surveillance, and Others. Based on Component, the market is segmented into Sensor, LED, and Laser Diode & Infrared Components. Based on Vertical, the market is segmented into Consumer Electronics, Telecommunication, Automotive, Military & Aerospace, Medical, Manufacturing, Commercial, Residential, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Worldwide Optoelectronic Components Market is Projected to reach USD 60.9 Billion by 2029, at a CAGR of 5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hamamatsu Photonics K.K., OSRAM GmbH (AMS AG), TT electronics PLC, Vishay Intertechnology, Inc., ON Semiconductor Corporation, Cree, Inc. (SMART Global Holdings, Inc.), TRUMPF GmbH + Co. KG, Sick AG, Broadcom, Inc. and Samsung Electronics Co., Ltd. (Samsung Group).

Scope of the Study

Market Segments Covered in the Report:

By Material

• Gallium Nitride
• Gallium Arsenide & Gallium Phosphide
• Silicon Carbide
• Indium Phosphide
• Silicon Germanium

By Application

• Measurement
• Lighting
• Communication
• Security & Surveillance
• Others

By Component

• Sensor
• LED
• Laser Diode & Infrared Components

By Vertical

• Consumer Electronics
• Telecommunication
• Automotive
• Military & Aerospace
• Medical
• Manufacturing
• Commercial
• Residential
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• Hamamatsu Photonics K.K.
• OSRAM GmbH (AMS AG)
• TT electronics PLC
• Vishay Intertechnology, Inc.
• ON Semiconductor Corporation
• Cree, Inc. (SMART Global Holdings, Inc.)
• TRUMPF GmbH + Co. KG
• Sick AG
• Broadcom, Inc.
• Samsung Electronics Co., Ltd. (Samsung Group)

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Optoelectronic Components Market, by Material
1.4.2 Europe Optoelectronic Components Market, by Application
1.4.3 Europe Optoelectronic Components Market, by Component
1.4.4 Europe Optoelectronic Components Market, by Vertical
1.4.5 Europe Optoelectronic Components Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Recent Strategies Deployed in Optoelectronic Components Market

Chapter 4. Europe Optoelectronic Components Market by Material
4.1 Europe Gallium Nitride Market by Country
4.2 Europe Gallium Arsenide & Gallium Phosphide Market by Country
4.3 Europe Silicon Carbide Market by Country
4.4 Europe Indium Phosphide Market by Country
4.5 Europe Silicon Germanium Market by Country

Chapter 5. Europe Optoelectronic Components Market by Application
5.1 Europe Measurement Market by Country
5.2 Europe Lighting Market by Country
5.3 Europe Communication Market by Country
5.4 Europe Security & Surveillance Market by Country
5.5 Europe Others Market by Country

Chapter 6. Europe Optoelectronic Components Market by Component
6.1 Europe Sensor Market by Country
6.2 Europe LED Market by Country
6.3 Europe Laser Diode & Infrared Components Market by Country

Chapter 7. Europe Optoelectronic Components Market by Vertical
7.1 Europe Consumer Electronics Market by Country
7.2 Europe Telecommunication Market by Country
7.3 Europe Automotive Market by Country
7.4 Europe Military & Aerospace Market by Country
7.5 Europe Medical Market by Country
7.6 Europe Manufacturing Market by Country
7.7 Europe Commercial Market by Country
7.8 Europe Residential Market by Country
7.9 Europe Others Market by Country

Chapter 8. Europe Optoelectronic Components Market by Country
8.1 Germany Optoelectronic Components Market
8.1.1 Germany Optoelectronic Components Market by Material
8.1.2 Germany Optoelectronic Components Market by Application
8.1.3 Germany Optoelectronic Components Market by Component
8.1.4 Germany Optoelectronic Components Market by Vertical
8.2 UK Optoelectronic Components Market
8.2.1 UK Optoelectronic Components Market by Material
8.2.2 UK Optoelectronic Components Market by Application
8.2.3 UK Optoelectronic Components Market by Component
8.2.4 UK Optoelectronic Components Market by Vertical
8.3 France Optoelectronic Components Market
8.3.1 France Optoelectronic Components Market by Material
8.3.2 France Optoelectronic Components Market by Application
8.3.3 France Optoelectronic Components Market by Component
8.3.4 France Optoelectronic Components Market by Vertical
8.4 Russia Optoelectronic Components Market
8.4.1 Russia Optoelectronic Components Market by Material
8.4.2 Russia Optoelectronic Components Market by Application
8.4.3 Russia Optoelectronic Components Market by Component
8.4.4 Russia Optoelectronic Components Market by Vertical
8.5 Spain Optoelectronic Components Market
8.5.1 Spain Optoelectronic Components Market by Material
8.5.2 Spain Optoelectronic Components Market by Application
8.5.3 Spain Optoelectronic Components Market by Component
8.5.4 Spain Optoelectronic Components Market by Vertical
8.6 Italy Optoelectronic Components Market
8.6.1 Italy Optoelectronic Components Market by Material
8.6.2 Italy Optoelectronic Components Market by Application
8.6.3 Italy Optoelectronic Components Market by Component
8.6.4 Italy Optoelectronic Components Market by Vertical
8.7 Rest of Europe Optoelectronic Components Market
8.7.1 Rest of Europe Optoelectronic Components Market by Material
8.7.2 Rest of Europe Optoelectronic Components Market by Application
8.7.3 Rest of Europe Optoelectronic Components Market by Component
8.7.4 Rest of Europe Optoelectronic Components Market by Vertical

Chapter 9. Company Profiles
9.1 Sick AG
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 SWOT Analysis
9.2 Broadcom, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 SWOT Analysis
9.3 ON Semiconductor Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Samsung Electronics Co., Ltd. (Samsung Group)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Hamamatsu Photonics K.K.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Acquisition and Mergers:
9.6 OSRAM GmbH (AMS AG)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.7 TT Electronics PLC
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional & Segmental Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Geographical Expansions:
9.8 Vishay Intertechnology, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research and Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.9 TRUMPF SE + Co. KG
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Acquisition and Mergers:
9.10. Cree, Inc. (SMART Global Holdings, Inc.)
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense

TABLE 1 Europe Optoelectronic Components Market, 2019 - 2022, USD Million
TABLE 2 Europe Optoelectronic Components Market, 2023 - 2029, USD Million
TABLE 3 Europe Optoelectronic Components Market by Material, 2019 - 2022, USD Million
TABLE 4 Europe Optoelectronic Components Market by Material, 2023 - 2029, USD Million
TABLE 5 Europe Gallium Nitride Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Gallium Nitride Market by Country, 2023 - 2029, USD Million
TABLE 7 Europe Gallium Arsenide & Gallium Phosphide Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Gallium Arsenide & Gallium Phosphide Market by Country, 2023 - 2029, USD Million
TABLE 9 Europe Silicon Carbide Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Silicon Carbide Market by Country, 2023 - 2029, USD Million
TABLE 11 Europe Indium Phosphide Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Indium Phosphide Market by Country, 2023 - 2029, USD Million
TABLE 13 Europe Silicon Germanium Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Silicon Germanium Market by Country, 2023 - 2029, USD Million
TABLE 15 Europe Optoelectronic Components Market by Application, 2019 - 2022, USD Million
TABLE 16 Europe Optoelectronic Components Market by Application, 2023 - 2029, USD Million
TABLE 17 Europe Measurement Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Measurement Market by Country, 2023 - 2029, USD Million
TABLE 19 Europe Lighting Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Lighting Market by Country, 2023 - 2029, USD Million
TABLE 21 Europe Communication Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Communication Market by Country, 2023 - 2029, USD Million
TABLE 23 Europe Security & Surveillance Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Security & Surveillance Market by Country, 2023 - 2029, USD Million
TABLE 25 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 27 Europe Optoelectronic Components Market by Component, 2019 - 2022, USD Million
TABLE 28 Europe Optoelectronic Components Market by Component, 2023 - 2029, USD Million
TABLE 29 Europe Sensor Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Sensor Market by Country, 2023 - 2029, USD Million
TABLE 31 Europe LED Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe LED Market by Country, 2023 - 2029, USD Million
TABLE 33 Europe Laser Diode & Infrared Components Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Laser Diode & Infrared Components Market by Country, 2023 - 2029, USD Million
TABLE 35 Europe Optoelectronic Components Market by Vertical, 2019 - 2022, USD Million
TABLE 36 Europe Optoelectronic Components Market by Vertical, 2023 - 2029, USD Million
TABLE 37 Europe Consumer Electronics Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Consumer Electronics Market by Country, 2023 - 2029, USD Million
TABLE 39 Europe Telecommunication Market by Country, 2019 - 2022, USD Million
TABLE 40 Europe Telecommunication Market by Country, 2023 - 2029, USD Million
TABLE 41 Europe Automotive Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Automotive Market by Country, 2023 - 2029, USD Million
TABLE 43 Europe Military & Aerospace Market by Country, 2019 - 2022, USD Million
TABLE 44 Europe Military & Aerospace Market by Country, 2023 - 2029, USD Million
TABLE 45 Europe Medical Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe Medical Market by Country, 2023 - 2029, USD Million
TABLE 47 Europe Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 48 Europe Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 49 Europe Commercial Market by Country, 2019 - 2022, USD Million
TABLE 50 Europe Commercial Market by Country, 2023 - 2029, USD Million
TABLE 51 Europe Residential Market by Country, 2019 - 2022, USD Million
TABLE 52 Europe Residential Market by Country, 2023 - 2029, USD Million
TABLE 53 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 54 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 55 Europe Optoelectronic Components Market by Country, 2019 - 2022, USD Million
TABLE 56 Europe Optoelectronic Components Market by Country, 2023 - 2029, USD Million
TABLE 57 Germany Optoelectronic Components Market, 2019 - 2022, USD Million
TABLE 58 Germany Optoelectronic Components Market, 2023 - 2029, USD Million
TABLE 59 Germany Optoelectronic Components Market by Material, 2019 - 2022, USD Million
TABLE 60 Germany Optoelectronic Components Market by Material, 2023 - 2029, USD Million
TABLE 61 Germany Optoelectronic Components Market by Application, 2019 - 2022, USD Million
TABLE 62 Germany Optoelectronic Components Market by Application, 2023 - 2029, USD Million
TABLE 63 Germany Optoelectronic Components Market by Component, 2019 - 2022, USD Million
TABLE 64 Germany Optoelectronic Components Market by Component, 2023 - 2029, USD Million
TABLE 65 Germany Optoelectronic Components Market by Vertical, 2019 - 2022, USD Million
TABLE 66 Germany Optoelectronic Components Market by Vertical, 2023 - 2029, USD Million
TABLE 67 UK Optoelectronic Components Market, 2019 - 2022, USD Million
TABLE 68 UK Optoelectronic Components Market, 2023 - 2029, USD Million
TABLE 69 UK Optoelectronic Components Market by Material, 2019 - 2022, USD Million
TABLE 70 UK Optoelectronic Components Market by Material, 2023 - 2029, USD Million
TABLE 71 UK Optoelectronic Components Market by Application, 2019 - 2022, USD Million
TABLE 72 UK Optoelectronic Components Market by Application, 2023 - 2029, USD Million
TABLE 73 UK Optoelectronic Components Market by Component, 2019 - 2022, USD Million
TABLE 74 UK Optoelectronic Components Market by Component, 2023 - 2029, USD Million
TABLE 75 UK Optoelectronic Components Market by Vertical, 2019 - 2022, USD Million
TABLE 76 UK Optoelectronic Components Market by Vertical, 2023 - 2029, USD Million
TABLE 77 France Optoelectronic Components Market, 2019 - 2022, USD Million
TABLE 78 France Optoelectronic Components Market, 2023 - 2029, USD Million
TABLE 79 France Optoelectronic Components Market by Material, 2019 - 2022, USD Million
TABLE 80 France Optoelectronic Components Market by Material, 2023 - 2029, USD Million
TABLE 81 France Optoelectronic Components Market by Application, 2019 - 2022, USD Million
TABLE 82 France Optoelectronic Components Market by Application, 2023 - 2029, USD Million
TABLE 83 France Optoelectronic Components Market by Component, 2019 - 2022, USD Million
TABLE 84 France Optoelectronic Components Market by Component, 2023 - 2029, USD Million
TABLE 85 France Optoelectronic Components Market by Vertical, 2019 - 2022, USD Million
TABLE 86 France Optoelectronic Components Market by Vertical, 2023 - 2029, USD Million
TABLE 87 Russia Optoelectronic Components Market, 2019 - 2022, USD Million
TABLE 88 Russia Optoelectronic Components Market, 2023 - 2029, USD Million
TABLE 89 Russia Optoelectronic Components Market by Material, 2019 - 2022, USD Million
TABLE 90 Russia Optoelectronic Components Market by Material, 2023 - 2029, USD Million
TABLE 91 Russia Optoelectronic Components Market by Application, 2019 - 2022, USD Million
TABLE 92 Russia Optoelectronic Components Market by Application, 2023 - 2029, USD Million
TABLE 93 Russia Optoelectronic Components Market by Component, 2019 - 2022, USD Million
TABLE 94 Russia Optoelectronic Components Market by Component, 2023 - 2029, USD Million
TABLE 95 Russia Optoelectronic Components Market by Vertical, 2019 - 2022, USD Million
TABLE 96 Russia Optoelectronic Components Market by Vertical, 2023 - 2029, USD Million
TABLE 97 Spain Optoelectronic Components Market, 2019 - 2022, USD Million
TABLE 98 Spain Optoelectronic Components Market, 2023 - 2029, USD Million
TABLE 99 Spain Optoelectronic Components Market by Material, 2019 - 2022, USD Million
TABLE 100 Spain Optoelectronic Components Market by Material, 2023 - 2029, USD Million
TABLE 101 Spain Optoelectronic Components Market by Application, 2019 - 2022, USD Million
TABLE 102 Spain Optoelectronic Components Market by Application, 2023 - 2029, USD Million
TABLE 103 Spain Optoelectronic Components Market by Component, 2019 - 2022, USD Million
TABLE 104 Spain Optoelectronic Components Market by Component, 2023 - 2029, USD Million
TABLE 105 Spain Optoelectronic Components Market by Vertical, 2019 - 2022, USD Million
TABLE 106 Spain Optoelectronic Components Market by Vertical, 2023 - 2029, USD Million
TABLE 107 Italy Optoelectronic Components Market, 2019 - 2022, USD Million
TABLE 108 Italy Optoelectronic Components Market, 2023 - 2029, USD Million
TABLE 109 Italy Optoelectronic Components Market by Material, 2019 - 2022, USD Million
TABLE 110 Italy Optoelectronic Components Market by Material, 2023 - 2029, USD Million
TABLE 111 Italy Optoelectronic Components Market by Application, 2019 - 2022, USD Million
TABLE 112 Italy Optoelectronic Components Market by Application, 2023 - 2029, USD Million
TABLE 113 Italy Optoelectronic Components Market by Component, 2019 - 2022, USD Million
TABLE 114 Italy Optoelectronic Components Market by Component, 2023 - 2029, USD Million
TABLE 115 Italy Optoelectronic Components Market by Vertical, 2019 - 2022, USD Million
TABLE 116 Italy Optoelectronic Components Market by Vertical, 2023 - 2029, USD Million
TABLE 117 Rest of Europe Optoelectronic Components Market, 2019 - 2022, USD Million
TABLE 118 Rest of Europe Optoelectronic Components Market, 2023 - 2029, USD Million
TABLE 119 Rest of Europe Optoelectronic Components Market by Material, 2019 - 2022, USD Million
TABLE 120 Rest of Europe Optoelectronic Components Market by Material, 2023 - 2029, USD Million
TABLE 121 Rest of Europe Optoelectronic Components Market by Application, 2019 - 2022, USD Million
TABLE 122 Rest of Europe Optoelectronic Components Market by Application, 2023 - 2029, USD Million
TABLE 123 Rest of Europe Optoelectronic Components Market by Component, 2019 - 2022, USD Million
TABLE 124 Rest of Europe Optoelectronic Components Market by Component, 2023 - 2029, USD Million
TABLE 125 Rest of Europe Optoelectronic Components Market by Vertical, 2019 - 2022, USD Million
TABLE 126 Rest of Europe Optoelectronic Components Market by Vertical, 2023 - 2029, USD Million
TABLE 127 Key Information – Sick AG
TABLE 128 Key Information – Broadcom, Inc.
TABLE 129 Key Information – ON Semiconductor Corporation
TABLE 130 Key Information – Samsung Electronics Co., Ltd.
TABLE 131 key information – Hamamatsu Photonics K.K.
TABLE 132 Key Information – OSRAM GmbH
TABLE 133 Key Information – TT Electronics PLC
TABLE 134 key Information – Vishay Intertechnology, Inc.
TABLE 135 Key Information – TRUMPF SE + Co. KG
TABLE 136 Key Information –Cree, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Sick AG
FIG 3 SWOT Analysis: Broadcom, Inc.
FIG 4 SWOT Analysis: ON Semiconductor Corporation
FIG 5 SWOT Analysis: Samsung Electronics CO. Ltd.