Market Share of Europe Optoelectronics Industry
The competitive rivalry in the optoelectronics market is high owing to the presence of major players like Osram Licht AG, Koninklijke Philips NV, Panasonic Corporation, Texas Instruments Inc., Stanley Electric Co., and many more. Strategic partnerships and mergers and acquisitions have allowed the companies to grow and gain a substantial amount of market share and maintaining a strong foothold in the market.
- July 2021- Volpi, one of the prominent players in optoelectronics with operations in the United States and Switzerland, has partnered with Netherlands-based TOPIC Embedded Systems to expand its portfolio of optoelectronic measurement solutions and further advance its digital initiatives. Product development is already underway and Volpi and TOPIC are actively collaborating on the client engagements.
- February 2021 - Toshiba Electronics Europe GmbH announced a new addition to its expansive optoelectronics portfolio. The TLP241 Bisahigh-current Photorelay, targeted at use in industrial equipment, such as programmable logic controllers(PLCs) and I/O interfaces, as well as building automation systems like HVAC(heating,ventilation,andairconditioning).
Europe Optoelectronics Market Leaders
Osram Licht AG
Koninklijke Philips NV
Panasonic Corporation
Texas Instruments Inc.
Mitsubishi Electric
*Disclaimer: Major Players sorted in no particular order
