Optoelectronics is used for emission, transmission and modulation of light signal. Due to rapid development of optoelectronics, it is expected that adoption of this technology in communication, medicine, and material science will rise in the years to come. Optoelectronics is not only a competitive alternate for existing products; also a technology that would help in creating smart systems. Adoption of optoelectronics is expected to rise in electronic components such as LED’s, OLED’s, compact disk and in Blu-ray devices