The rise in demand for consumer electronics, such as smartphones and TVs with high-resolution displays, is driving the expansion of the optoelectronics industry.
The Optoelectronics Market Size was USD 47.17 Billion in 2023 & expects a good growth by reaching USD 93.42 billion till end of 2032 at CAGR about 7.92% during forecast period 2024-2032.