Infrared Light-emitting Diode Market 2017-2021

(IT-NEWSWIRE.COM, March 24, 2018 ) The global infrared LED market is anticipated to grow rapidly and will post a CAGR of more than 12% during the forecast period. The increasing installation of closed-circuit television (CCTV) cameras for surveillance will drive the growth prospects for the global infrared LED market for the next four years. CCTV cameras are integrated with infrared LEDs as a key component that provides night vision and offers low-light level applications. Also, the technologically advanced modern IR LEDs offer advanced image enhancement and are more reliable and long lasting. Furthermore, the integration of CCTV cameras with infrared LED offers increased optical output, wide range of emission angle, and near-field visibility applications.

The migration of LED manufacturers to 6‐inch sapphire wafer substrates will drive the growth prospects for the global infrared LED market until the end of 2021. Since the 6‐inch wafers make the production process more efficient and reduce the cost of LEDs unlike in the case of 2‐inch wafers that results in more wasted space and edge loss, the manufacturers are increasingly migrating towards 6‐inch sapphire substrates.

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Competitive landscape and key vendors

The global infrared LED market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. It has been observed that many big players are experiencing a decline in their market share because of the increasing number of Chinese manufacturers.

Key vendors in this market are -

EPILEDS

EPISTAR

EVERLIGHT

NICHIA

OSRAM Opto Semiconductors

Vishay Intertechnology

Other prominent vendors in the market include Cree, High Power Lighting, Lextar Electronics, Lite-On Technology, Lumileds, MLS Electronics, and TOYODA GOSEI.

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Table of Contents

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Five forces analysis

PART 07: Market segmentation

PART 08: Decision framework

PART 09: Drivers and challenges

PART 10: Market trends

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Infrared Light-emitting Diode Market 2017-2021