Infrared Light-emitting Diode Market to record USD 201.68 Mn growth -- Driven by increasing government security initiatives

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Sep 19, 2022, 01:15 ET

NEW YORK, Sept. 19, 2022 /PRNewswire/ -- The "Infrared Light-emitting Diode Market by Application and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The report expects the market size to grow by USD 201.68 million between 2021 and 2026, expanding at a CAGR of 8.06% during the forecast period. The report considers various aspects such as the consumer base, adoption rate, average selling price, revenue generated by vendors, and various other factors to estimate the market size. Download Sample PDF Report Here to get an idea of the overall scope of the full report.

Technavio has announced its latest market research report titled Global Infrared Light-emitting Diode Market 2022-2026

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our infrared light-emitting diode market report covers the following areas:

The global infrared LED market is fragmented. The market comprises some well-established players that are involved in the design and manufacturing of infrared LEDs for end-users across a wide range of industries. These vendors are making significantly huge investments in research and development to push better products into the market and expand their customer base. Mergers, acquisitions, and strategic partnerships are some other ways the vendors in this market are taking to strengthen their position. As the market growth over the next five years is expected to remain slow, the landscape is expected to remain competitive during the forecast period.

The report identifies DOWA Electronics Materials Co Ltd, Epileds Technologies Inc, EPISTAR Corp, Everlight Electronics Co Ltd, EXALOS AG, High Power Lighting Corp, Kingbright Electronic Co Ltd, Lextar Electronics Corp, LITE ON Technology Corp, Lumileds Holding BV, Luminus Inc, Nichia Corp, ON Semiconductor Corp., OSRAM GmbH, Quadica Developments Inc, ROHM Co. Ltd., SMART Global Holdings Inc., Toyoda Gosei Co Ltd, Ushio Inc., and Vishay Intertechnology Inc. as major market participants.

Although the increasing government security initiatives for video surveillance will offer immense growth opportunities, the ongoing slowdown in the Chinese economy will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Sample Report Here

The global infrared light-emitting diode market is segmented as below:

Application

Consumer Electronics
Surveillance
Automotive
Others

The market growth in the consumer electronics segment will be significant over the forecast period. Factors such as growing health awareness and an increase in biometric integration are driving the growth of the segment.

Geography

APAC
North America
Europe
South America
Middle East and Africa

The market will observe significant growth in APAC over the forecast period. The region will account for 69% of the market share. The increasing adoption of automation technologies across industries is driving the growth of the regional market.

Infrared Light-emitting Diode Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the infrared light-emitting diode market, including some of the dominant vendors. Backed with competitive intelligence and benchmarking, our research report on the infrared light-emitting diode market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Infrared Light-emitting Diode Market 2022-2026: Key Highlights

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist infrared light-emitting diode market growth during the next five years
Estimation of the infrared light-emitting diode market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the infrared light-emitting diode market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of infrared light-emitting diode market vendors

Related Reports:

Infrared Light-emitting Diode Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 8.06%
Market growth 2022-2026	USD 201.68 million
Market structure	Fragmented
YoY growth (%)	5.42
Regional analysis	APAC, North America, Europe, South America, and the Middle East and Africa
Performing market contribution	APAC at 69%
Key consumer countries	US, China, South Korea, Taiwan, and Singapore
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	DOWA Electronics Materials Co Ltd, Epileds Technologies Inc, EPISTAR Corp, Everlight Electronics Co Ltd, EXALOS AG, High Power Lighting Corp, Kingbright Electronic Co Ltd, Lextar Electronics Corp, LITE ON Technology Corp, Lumileds Holding BV, Luminus Inc, Nichia Corp, ON Semiconductor Corp., OSRAM GmbH, Quadica Developments Inc, ROHM Co. Ltd., SMART Global Holdings Inc., Toyoda Gosei Co Ltd, Ushio Inc., and Vishay Intertechnology Inc.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

5.1 Market segments

Exhibit 24: Chart on Application - Market share 2021-2026 (%)
Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

5.2 Comparison by Application

Exhibit 26: Chart on Comparison by Application
Exhibit 27: Data Table on Comparison by Application

5.3 Consumer electronics - Market size and forecast 2021-2026

Exhibit 28: Chart on Consumer electronics - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Consumer electronics - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Consumer electronics - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Consumer electronics - Year-over-year growth 2021-2026 (%)

5.4 Surveillance - Market size and forecast 2021-2026

Exhibit 32: Chart on Surveillance - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Surveillance - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Surveillance - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Surveillance - Year-over-year growth 2021-2026 (%)

5.5 Automotive - Market size and forecast 2021-2026

Exhibit 36: Chart on Automotive - Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Automotive - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Automotive - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Automotive - Year-over-year growth 2021-2026 (%)

5.6 Others - Market size and forecast 2021-2026

Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.7 Market opportunity by Application

Exhibit 44: Market opportunity by Application ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 46: Chart on Market share by geography 2021-2026 (%)
Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 48: Chart on Geographic comparison
Exhibit 49: Data Table on Geographic comparison

7.3 APAC - Market size and forecast 2021-2026

Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.4 North America - Market size and forecast 2021-2026

Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.5 Europe - Market size and forecast 2021-2026

Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026

Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 China - Market size and forecast 2021-2026

Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

7.9 US - Market size and forecast 2021-2026

Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

7.10 South Korea - Market size and forecast 2021-2026

Exhibit 78: Chart on South Korea - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on South Korea - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on South Korea - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on South Korea - Year-over-year growth 2021-2026 (%)

7.11 Taiwan - Market size and forecast 2021-2026

Exhibit 82: Chart on Taiwan - Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on Taiwan - Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on Taiwan - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on Taiwan - Year-over-year growth 2021-2026 (%)

7.12 Singapore - Market size and forecast 2021-2026

Exhibit 86: Chart on Singapore - Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on Singapore - Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on Singapore - Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on Singapore - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 91: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 93: Overview on factors of disruption

9.4 Industry risks

Exhibit 94: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 95: Vendors covered

10.2 Market positioning of vendors

Exhibit 96: Matrix on vendor position and classification

10.3 Epileds Technologies Inc

Exhibit 97: Epileds Technologies Inc - Overview
Exhibit 98: Epileds Technologies Inc - Product / Service
Exhibit 99: Epileds Technologies Inc - Key offerings

10.4 EPISTAR Corp

Exhibit 100: EPISTAR Corp - Overview
Exhibit 101: EPISTAR Corp - Product / Service
Exhibit 102: EPISTAR Corp - Key offerings

10.5 Everlight Electronics Co Ltd

Exhibit 103: Everlight Electronics Co Ltd - Overview
Exhibit 104: Everlight Electronics Co Ltd - Product / Service
Exhibit 105: Everlight Electronics Co Ltd - Key offerings

10.6 High Power Lighting Corp

Exhibit 106: High Power Lighting Corp - Overview
Exhibit 107: High Power Lighting Corp - Product / Service
Exhibit 108: High Power Lighting Corp - Key offerings

10.7 Lextar Electronics Corp

Exhibit 109: Lextar Electronics Corp - Overview
Exhibit 110: Lextar Electronics Corp - Product / Service
Exhibit 111: Lextar Electronics Corp - Key offerings

10.8 LITE ON Technology Corp

Exhibit 112: LITE ON Technology Corp - Overview
Exhibit 113: LITE ON Technology Corp - Business segments
Exhibit 114: LITE ON Technology Corp - Key offerings
Exhibit 115: LITE ON Technology Corp - Segment focus

10.9 Lumileds Holding BV

Exhibit 116: Lumileds Holding BV - Overview
Exhibit 117: Lumileds Holding BV - Product / Service
Exhibit 118: Lumileds Holding BV - Key offerings

10.10 Nichia Corp

Exhibit 119: Nichia Corp - Overview
Exhibit 120: Nichia Corp - Product / Service
Exhibit 121: Nichia Corp - Key offerings

10.11 OSRAM GmbH

Exhibit 122: OSRAM GmbH - Overview
Exhibit 123: OSRAM GmbH - Business segments
Exhibit 124: OSRAM GmbH - Key offerings
Exhibit 125: OSRAM GmbH - Segment focus

10.12 SMART Global Holdings Inc.

Exhibit 126: SMART Global Holdings Inc. - Overview
Exhibit 127: SMART Global Holdings Inc. - Business segments
Exhibit 128: SMART Global Holdings Inc. - Key offerings
Exhibit 129: SMART Global Holdings Inc. - Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 130: Inclusions checklist
Exhibit 131: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 132: Currency conversion rates for US$

11.4 Research methodology

Exhibit 133: Research methodology
Exhibit 134: Validation techniques employed for market sizing
Exhibit 135: Information sources

11.5 List of abbreviations

Exhibit 136: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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