Baba, your first thought is about the trade?

I think a few people here are missing what a historical moment this is. I thought you of all people Baba would be the first to discuss the meaning of a watershed moment.

There are some extremely talented people of science in the world that are going to understand exactly what Suresh means by a watershed moment.

Everything we are being told about this technology is pointing to a complete change in how optical communication is achieved. And what do we know about the size of this market. Give that some serious thought and just maybe you will become giddy and justify it with the insights that have been provided for you on this forum. I was recently asked by one of the principals whether I had semiconductor experience because of my insights here. If even half of my understanding of how this technology will be applied is correct this industry is heading for a major change in how optical integration is achieved lead by Suresh’s vision.

$93.5 Billion Optoelectronic Components Market - Global Forecasts from 2018 to 2023 - ResearchAndMarkets.com

March 05, 2018 08:08 AM Eastern Standard Time

DUBLIN--(BUSINESS WIRE)--The "Optoelectronic Components Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.

The optoelectronic components market is projected to witness a compound annual growth rate of 11.47% during the forecast period to reach a total market size of US$93.525 billion by 2023, increasing from US$48.761 billion in 2017.

Increasing use of various optoelectronic components such as laser diodes and LEDs across end-use industries is driving the growth of overall optoelectronic components market. growing focus on the growth of renewable energy sector also fuels the demand for optoelectronic components, thus, positively impacting the global market growth. Booming consumer electronics industry in APAC region further fuels the growth of optoelectronic components market.

This report provides comprehensive market dynamics through an overview section along with growth drivers, challenges and opportunities which exist in the current market. This section of the report also provides key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Optoelectronic Components. Complete industry analysis has also been covered through Porter's five forces model as a part of this report section.