Global Infrared (IR) LED Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Infrared (IR) LED Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Infrared (IR) LED market finds that the global Infrared (IR) LED market reached a value of USD 951.13 million in 2022. It’s expected that the market will achieve USD 2032.77 million by 2028, exhibiting a CAGR of 13.49% during the forecast period.

Segmentation Overview:

By type, LPE segment accounted for the largest share of market in 2022.

Application Overview:

The market's largest segment by application is the segment Aerospace & Defense, with a market share of 39.17% in 2022.

Key Companies in the global Infrared (IR) LED market covered in Chapter 3:

Ushio OPTO Semiconductors Inc.
Showa Denko
Texas Instruments
High Power Lightning Corporation
Nichia Corporation
Vishay Intertechnology
Marktech Optoelectronics
Lextar Electronics
ROHM Semiconductor
Kingbright
EPILEDS
Luna Optoelectronics
Luminus Devices
Osram Opto Semiconductors Inc.
Lite-On Inc.
Excelitas Technologies Corporation
Wurth Electronics Inc.
TE Connectivity Measurement Specialities
Boston Electronics
Everlight Electronics Co. Ltd
ON Semiconductor
Epistar Corporation
Lumileds

In Chapter 4 and Chapter 14.2, on the basis of types, the Infrared (IR) LED market from 2018 to 2029 is primarily split into:

LPE
MOCVD

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Infrared (IR) LED market from 2018 to 2029 covers:

Aerospace & Defense
Automotive
BFSI
Consumer Electronics
Education
Healthcare
Industrial
Retail

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)