Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Key Players in the Market

The report presents a detailed analysis of the following key players in the global IR LED market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

 

  • OSRAM Opto Semiconductors GmbH
  • EPILEDS Technologies, Inc.
  • Epistar Corporation
  • Nichia Corporation
  • Kingbright Company, LLC
  • Everlight Electronics Co., Ltd
  • ROHM Co., Ltd.
  • Würth Elektronik GmbH & Co. KG
  • Harvatek Corporation
  • Hamamatsu Photonics K.K
  • Others

 

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

IR LED Market Report Snapshots

IR LED Market Size

IR LED Market Analysis

IR LED Market Regional Analysis

IR LED Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 8.50% between 2024 and 2032.

The major drivers of the market are growing use of IR LED in the automotive sector and the rising application of the product in smart homes and smart offices.

The key trends guiding the market growth include the cost-effectiveness and high efficiency of infrared LED and its increasing use in the healthcare sector in therapies and medical devices.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

IR LED chip and IR LED package are the major technologies considered in the market report.

The different spectral ranges of IR LED are 700 nm – 850 nm, 850 nm – 950 nm, 950 nm – 1020 nm, and 1020 nm – 1720 nm, among others.

The various applications of IR LED include biometrics, imaging, lighting, remote sensing, and surveillance, among others.

The significant end uses of IR LED are aerospace and defence, automotive, consumer electronics, commercial, industrial, healthcare and hospitality, and retail, among others.

The key players in the IR LED market are OSRAM Opto Semiconductors GmbH, EPILEDS Technologies, Inc., Epistar Corporation, Nichia Corporation, Kingbright Company, LLC, Everlight Electronics Co., Ltd, and ROHM Co., Ltd., among others.

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