Infrared Lightemitting Diode Market
Infrared Light-emitting Diode Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Infrared Light-emitting Diode Market Size and Growth
The Infrared Light-emitting Diode (IR LED) market is experiencing significant growth, driven by increasing applications in consumer electronics, automotive, and healthcare sectors. The market size is projected to reach approximately $8 billion by 2026, reflecting a robust CAGR. Key trends include advancements in technology and rising demand for efficient lighting solutions. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Epileds
◍ Epistar
◍ Everlight
◍ Nichia
◍ Osram Opto Semiconductors
◍ Vishay Intertechnology
◍ Cree
◍ High Power Lighting
◍ Lextar Electronics
◍ Lite-On Technology
◍ Lumileds
◍ Mls Electronics
◍ Toyoda Gosei
The infrared light-emitting diode market features key players like Epileds, Epistar, Everlight, Nichia, Osram, and Cree. These companies innovate in applications like sensing, communications, and consumer electronics, driving market growth. Sales figures include:
- Osram: Approx. $4.28 billion
- Nichia: Approx. $3 billion
- Cree: Approx. $1.5 billion.
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Market Segmentation
By Application
Surveillance
Consumer Electronics
Automotive
Others
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By Product
Gallium Arsenide LED
Aluminium Gallium Arsenide LED
Market Growth
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$ X Billion USD
