IR LED Market (Updated Version Available)

The report offers detailed coverage of IR LED industry and main market trends. Infrared rays are electromagnetic radiations in the nonvisible spectrum of white light, which range from 1300 to 1700 nm. Infrared light emitting diode (IR LED) is a solid-state lighting (SSL) device, which emits light in the infrared range. It spreads the light on a vast area rather than concentrating it or in other words IR LED\'s have a wide field of view. These LED\'s find their extensive use in security and surveillance cameras, along with automated driving vehicles.

The IR LED market is gaining popularity in remote-controlled advanced security cameras, which help to keep a surveillance check, especially on the consumer goods in retail sector. Each of these cameras consists of multiple rings of IR LEDs to provide night vision capabilities, thus there could be from 20 to 40 IR LEDs sold with each camera. However, as the market for sensors in smartphones and tablets is witnessing saturation, the IR LED market is also observing slight saturation, in terms of advanced technologies & designs, which is expected to restrain the market growth.

The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading IR LED by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global IR LED market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2028.

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

First, this report covers the present status and the future prospects of the global IR LED market for 2015-2028.
In this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
NICHIA CORPORATION
Kingbright Electronic Co., Ltd
OSRAM Opto Semiconductors GmbH
Epistar Corporation
Everlight Electronics Co. Ltd.
High Power Lighting Corporation
EPILEDS Co. Ltd.
ON Semiconducts
Koninklijke Philips N.V.
Lextar Electronics Corporation


At the same time, we classify IR LED according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market by Order Type
IR LED Chip
IR LED Package

Market by Application
Optical Sensing
Automated Drive Systems
Security & Surveillance
Others


Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the IR LED market for the forecast period 2021 - 2028?
• What are the driving forces in the IR LED market for the forecast period 2021 - 2028?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the IR LED industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

For any other requirements, please feel free to contact us and we will provide you customized report.