According to a market report by Lucintel, the future of the global
In this market, high performance optocouplers, phototransistor optocouplers, phototriac optocouplers are the major segments of optocoupler market by product type.
Lucintel forecasts that high performance optocoupler will remain the largest segment over the forecast period due to the increasing demand in the industrial communication busses, automotive battery chargers, military equipment, and medical instruments.
Within this market, industrial is expected to witness the higher growth due to increasing demand for optocouplers in industrial robots, motor control, power supplies, and industrial networking.
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APAC will remain the largest region over the forecast period due to high demand in industrial application and automotive sector in region.
Toshiba Corporation, Broadcom Limited, Renesas Electronics Corporation, ON Semiconductor, and Vishay Intertechnology are the major suppliers in the optocoupler market.
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