Currently, the international optoelectronic market competition is becoming increasingly fierce, and major enterprises are increasing their research and development investment and market expansion efforts to compete for market share. At the same time, the demand for optoelectronic products in emerging markets is showing a rapid growth trend. ​
In traditional markets such as Europe and America, consumers' demand for high-end optoelectronic products continues to be strong. For example, in the field of optical communication, with the popularization of smart home, industrial Internet and other applications, the demand for high-speed and stable optical communication networks is constantly increasing, which promotes the development of high-end optical communication equipment market. Enterprises continuously introduce innovative products to meet market demand, such as optical module products with higher integration and lower power consumption, as well as more advanced fiber optic communication systems. In the field of optical display, consumers' preference for large-sized, high-definition, and high refresh rate display products has prompted companies to increase research and production of OLED TVs, high-resolution computer displays, and other products. ​
In emerging markets such as Southeast Asia, the Middle East, Africa, etc., with the development of the economy and the promotion of infrastructure construction, the market potential of optoelectronic products is gradually released. In Southeast Asia, with the continuous increase in the popularity of smartphones and the gradual coverage of 5G networks, the demand for optoelectronic products such as optical communication equipment and mobile phone cameras has significantly increased. The Middle East, due to its abundant oil resources and investment in modernization, has seen a rapid increase in demand for products such as photoelectric sensors and laser equipment in fields such as intelligent security and energy monitoring. The development of infrastructure construction and educational informatization in Africa has also driven an increase in demand for LED lighting products, projectors, and other optoelectronic products. Faced with opportunities in emerging markets, international optoelectronic companies are adjusting their market strategies and increasing their efforts in market promotion and channel construction in these regions to seize market opportunities. The global optoelectronic market competition is undergoing profound changes.