According to a market report by Lucintel, the future of the global infrared light emitting diode chip market looks promising with opportunities in the consumer electronics, automotive, industrial & machine vision, security & surveillance, and healthcare & medical markets. The global infrared light emitting diode chip market is expected to reach an estimated $4 billion by 2035 from $2 billion in 2027 with a CAGR of 10.2% from 2027 to 2035. The major drivers for this market are the increasing demand for infrared sensing applications, the rising adoption of smart surveillance systems, and the growing use of automotive night vision.
A more than 150-page report to understand trends, opportunity and
forecast in global infrared light emitting diode chip market to 2035 by wavelength
range (near infrared, short-wave infrared, and extended infrared), power output
(low power, medium power, and high power), application (consumer electronics,
automotive, industrial & machine vision, security & surveillance, and
healthcare & medical), and region (North America, Europe, Asia Pacific, and
the Rest of the World).
Lucintel forecasts that, within the wavelength range category, short-wave
infrared will remain the largest segment over the forecast period due to
increasing adoption in imaging and sensing applications.
Within the application category, consumer electronic will remain the
largest segment over the forecast period due to rising demand for smart
devices.
Download sample by clicking on infrared light emitting diode chip
market.
In terms of regions, APAC will remain the largest region over the
forecast period due to growing electronics manufacturing and expanding consumer
markets.
ams OSRAM AG, Nichia Corporation, Everlight Electronics Co., Ltd.,
Epistar Corporation, Vishay Intertechnology, Inc. are the major suppliers in
the infrared light emitting
diode chip market.
This
unique research report will enable you to make confident business decisions in
this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
your growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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