RENO – Market research firm DataBeans Inc. predicts the worldwide optoelectronics annual market will grow to $17.4 billion in 2008, up 8.6% year-over-year.
The firm expects a CAGR of 12% between 2008 and 2013, when the market will reach $31.2 billion.
Databeans predicts global optoelectronics revenue for lighting and other consumer applications will grow at a CAGR of 14% during the next five years, followed by the medical market, with a growth rate of 13%, and automotive, with growth of 12%.
STAMFORD, CT – Gartner Inc. has raised its 2008 worldwide IC forecast from 3.4% to 4.6%. The firm now says the IC industry is projected to reach $287 billion this year.
SAN JOSE, CA – Worldwide sales of semiconductors in April were $21.2 billion, up 5.9% year-over-year, the Semiconductor Industry Association reported today.