Global IR LED Market Research Report 2023(Status and Outlook)

Global IR LED Market Research Report 2023(Status and Outlook)



Report Overview

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 Global IR LED Market Size was estimated at USD 447.70 million in 2022 and is projected to reach USD 792.49 million by 2029, exhibiting a CAGR of 0.09 during the forecast period.

Bosson Research’s latest report provides a deep insight into the global IR LED market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global IR LED Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the IR LED market in any manner.

Global IR LED Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

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

Market Segmentation (by Type)

IR LED Chip

IR LED Package

Market Segmentation (by Application)

Advertising Media

Retail and Hospitality

Stage Performance

Exhibition

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the IR LED Market

Overview of the regional outlook of the IR LED Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of IR LED
1.2 Key Market Segments
1.2.1 IR LED Segment by Type
1.2.2 IR LED Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 IR LED Market Overview
2.1 Global Market Overview
2.1.1 Global IR LED Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global IR LED Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 IR LED Market Competitive Landscape
3.1 Global IR LED Sales by Manufacturers (2018-2023)
3.2 Global IR LED Revenue Market Share by Manufacturers (2018-2023)
3.3 IR LED Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global IR LED Average Price by Manufacturers (2018-2023)
3.5 Manufacturers IR LED Sales Sites, Area Served, Product Type
3.6 IR LED Market Competitive Situation and Trends
3.6.1 IR LED Market Concentration Rate
3.6.2 Global 5 and 10 Largest IR LED Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 IR LED Industry Chain Analysis
4.1 IR LED Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of IR LED Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 IR LED Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global IR LED Sales Market Share by Type (2018-2023)
6.3 Global IR LED Market Size Market Share by Type (2018-2023)
6.4 Global IR LED Price by Type (2018-2023)
7 IR LED Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global IR LED Market Sales by Application (2018-2023)
7.3 Global IR LED Market Size (M USD) by Application (2018-2023)
7.4 Global IR LED Sales Growth Rate by Application (2018-2023)
8 IR LED Market Segmentation by Region
8.1 Global IR LED Sales by Region
8.1.1 Global IR LED Sales by Region
8.1.2 Global IR LED Sales Market Share by Region
8.2 North America
8.2.1 North America IR LED Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe IR LED Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific IR LED Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America IR LED Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa IR LED Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 NICHIA CORPORATION
9.1.1 NICHIA CORPORATION IR LED Basic Information
9.1.2 NICHIA CORPORATION IR LED Product Overview
9.1.3 NICHIA CORPORATION IR LED Product Market Performance
9.1.4 NICHIA CORPORATION Business Overview
9.1.5 NICHIA CORPORATION IR LED SWOT Analysis
9.1.6 NICHIA CORPORATION Recent Developments
9.2 Kingbright Electronic Co., Ltd
9.2.1 Kingbright Electronic Co., Ltd IR LED Basic Information
9.2.2 Kingbright Electronic Co., Ltd IR LED Product Overview
9.2.3 Kingbright Electronic Co., Ltd IR LED Product Market Performance
9.2.4 Kingbright Electronic Co., Ltd Business Overview
9.2.5 Kingbright Electronic Co., Ltd IR LED SWOT Analysis
9.2.6 Kingbright Electronic Co., Ltd Recent Developments
9.3 OSRAM Opto Semiconductors GmbH
9.3.1 OSRAM Opto Semiconductors GmbH IR LED Basic Information
9.3.2 OSRAM Opto Semiconductors GmbH IR LED Product Overview
9.3.3 OSRAM Opto Semiconductors GmbH IR LED Product Market Performance
9.3.4 OSRAM Opto Semiconductors GmbH Business Overview
9.3.5 OSRAM Opto Semiconductors GmbH IR LED SWOT Analysis
9.3.6 OSRAM Opto Semiconductors GmbH Recent Developments
9.4 Epistar Corporation
9.4.1 Epistar Corporation IR LED Basic Information
9.4.2 Epistar Corporation IR LED Product Overview
9.4.3 Epistar Corporation IR LED Product Market Performance
9.4.4 Epistar Corporation Business Overview
9.4.5 Epistar Corporation IR LED SWOT Analysis
9.4.6 Epistar Corporation Recent Developments
9.5 Everlight Electronics Co. Ltd.
9.5.1 Everlight Electronics Co. Ltd. IR LED Basic Information
9.5.2 Everlight Electronics Co. Ltd. IR LED Product Overview
9.5.3 Everlight Electronics Co. Ltd. IR LED Product Market Performance
9.5.4 Everlight Electronics Co. Ltd. Business Overview
9.5.5 Everlight Electronics Co. Ltd. IR LED SWOT Analysis
9.5.6 Everlight Electronics Co. Ltd. Recent Developments
9.6 High Power Lighting Corporation
9.6.1 High Power Lighting Corporation IR LED Basic Information
9.6.2 High Power Lighting Corporation IR LED Product Overview
9.6.3 High Power Lighting Corporation IR LED Product Market Performance
9.6.4 High Power Lighting Corporation Business Overview
9.6.5 High Power Lighting Corporation Recent Developments
9.7 EPILEDS Co. Ltd.
9.7.1 EPILEDS Co. Ltd. IR LED Basic Information
9.7.2 EPILEDS Co. Ltd. IR LED Product Overview
9.7.3 EPILEDS Co. Ltd. IR LED Product Market Performance
9.7.4 EPILEDS Co. Ltd. Business Overview
9.7.5 EPILEDS Co. Ltd. Recent Developments
9.8 ON Semiconducts
9.8.1 ON Semiconducts IR LED Basic Information
9.8.2 ON Semiconducts IR LED Product Overview
9.8.3 ON Semiconducts IR LED Product Market Performance
9.8.4 ON Semiconducts Business Overview
9.8.5 ON Semiconducts Recent Developments
9.9 Koninklijke Philips N.V.
9.9.1 Koninklijke Philips N.V. IR LED Basic Information
9.9.2 Koninklijke Philips N.V. IR LED Product Overview
9.9.3 Koninklijke Philips N.V. IR LED Product Market Performance
9.9.4 Koninklijke Philips N.V. Business Overview
9.9.5 Koninklijke Philips N.V. Recent Developments
9.10 Lextar Electronics Corporation
9.10.1 Lextar Electronics Corporation IR LED Basic Information
9.10.2 Lextar Electronics Corporation IR LED Product Overview
9.10.3 Lextar Electronics Corporation IR LED Product Market Performance
9.10.4 Lextar Electronics Corporation Business Overview
9.10.5 Lextar Electronics Corporation Recent Developments
10 IR LED Market Forecast by Region
10.1 Global IR LED Market Size Forecast
10.2 Global IR LED Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe IR LED Market Size Forecast by Country
10.2.3 Asia Pacific IR LED Market Size Forecast by Region
10.2.4 South America IR LED Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of IR LED by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global IR LED Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of IR LED by Type (2024-2029)
11.1.2 Global IR LED Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of IR LED by Type (2024-2029)
11.2 Global IR LED Market Forecast by Application (2024-2029)
11.2.1 Global IR LED Sales (K Units) Forecast by Application
11.2.2 Global IR LED Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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