Infrared Light emitting Diode Market
Infrared Light emitting Diode Market Scope: Industry Analysis, Market Size, Growth, Trends Till
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Infrared Light emitting Diode Market Size and Growth
The infrared light-emitting diode market is experiencing robust growth, driven by increased adoption in various applications, including telecommunications, healthcare, and security. As of 2023, the market size is estimated at approximately $1.5 billion and is projected to grow at a CAGR of 10% over the next five years, reflecting rising demand.
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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 others. These companies enhance market growth through innovation and diverse applications in consumer electronics, automotive, and communication sectors, leveraging their technologies for improved performance and efficiency. Sales figures:
- Osram: ~$4.5 billion
- Cree: ~$1.3 billion
- Nichia: ~$1.2 billion.
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Market Segmentation
By Application
Surveillance
Consumer Electronics
Automotive
Others
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By Product
Gallium Arsenide LED
Aluminium Gallium Arsenide LED
Market Growth
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$ X Billion USD
