Infrared (IR) LED market share to record robust 10.5% CAGR through 2025

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Global Infrared (IR) LED market valuation was estimated at 539.9 Million USD in 2019, and is projected to record a y-o-y growth rate of 10.5 % over the upcoming years to be appraised at 804.4 Million USD by 2025.

Infrared (IR) LED Market

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The Infrared (IR) LED market research report covers all crucial aspects such as key trends and factors governing the growth and slowdown of this industry vertical. Moreover, it offers valuable insights about the future growth trajectory of this domain meticulous evaluation of past and present business scenario. Besides, the research literature thoroughly defines the size and shares of the market and its segment while unveiling the opportunities that promise high returns in the coming years.

Infrared (IR) LED Market Report Coverage
Report Covrage Details
Base Year: 2019
Market Size in 2019: 539.9 Million (USD)
Forecast Year: 2025
Forecast Value: 804.4 Million (USD)
CAGR: 10.5%
By Application: Security and Surveillance, Iris & Facial Recognition, Automotive, Computer and Office, VR Device, Others
By Product: 700nm-850nm, 850nm-940nm, 940nm-1020nm, 1020nm-1720nm
By Key Players: EVERLIGHT, Ushio, DOWA, Epistar, Luminus, Osram, Showa Denko (SDK), Vishay Intertechnology, Lite-On Technology, AU Optronics (Lextar), Rohm Semiconductor, Lumileds, ON Semiconducts, Kingbright, HPLighting

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The latest Infrared (IR) LED market report aims to unearth the best opportunities and foster efficient information for businesses to thrive in this vertical during the forecast period 2019-2025. Moreover, it endeavors to provide appropriate solutions to complex challenges and initiates an effortless decision-making process.

As per expert analysts, the industry is anticipated to accrue substantial returns, exhibiting 10.5% CAGR over the stipulated timeframe.

Proceeding further, the research literature encompasses wide-ranging and comprehensive insights on the various sub-markets. It then proceeds to delineate the competitive landscape with respect to the leading players, emerging contenders, and new entrants in the industry. Apart from this, in view of the disruptions caused by the Covid-19 pandemic, the study makes inclusion of various plans to effectively navigate these uncertain times.

Key highlights from the Infrared (IR) LED market report:

  • Impact of Covid-19 on market remuneration scope
  • Records of the sales volume and revenue
  • Prevalent and upcoming industry trends
  • Positives and negatives of direct and indirect sales channels
  • A citation of the top distributors, traders, and dealers

Infrared (IR) LED market segments covered in the report:

  • Country-wise analysis of each regional market
  • Total sales, returns, and market share held by each region
  • Projections for the growth rate and revenue of each region over the forecast duration

Product types: 700nm-850nm, 850nm-940nm, 940nm-1020nm, 1020nm-1720nm

  • Pricing of each product type
  • Estimated market share of each product segment based on the sales and revenue garnered

Application spectrum: Security and Surveillance, Iris & Facial Recognition, Automotive, Computer and Office, VR Device, Others

  • Product pricing based on their application reach
  • Sales and revenue of each application segment over during the assessment period

Competitive dashboard: EVERLIGHT, Ushio, DOWA, Epistar, Luminus, Osram, Showa Denko (SDK), Vishay Intertechnology, Lite-On Technology, AU Optronics (Lextar), Rohm Semiconductor, Lumileds, ON Semiconducts, Kingbright, HPLighting

  • Basic details of each company.
  • Product and service catalogue of the listed companies
  • Tallies of pricing model, sales, gross margins and industry share of each contender
  • SWOT analysis of the mentioned firms
  • Conclusive data on the commercialization rate, market concentration ratio, marketing strategies, and other business centric aspects

Frequently Asked Questions (FAQ) :

The Infrared (IR) LED market is poised to observe a CAGR of 10.5% over 2019-2025.
The valuation of Infrared (IR) LED market in the year 2019 was 539.9 Million USD .
The Infrared (IR) LED market is expected to witness a remuneration of 804.4 Million USD in 2025.

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