Press release
Infrared LED Market Estimation, Formulation, Validation and Segmentation By 2025
Growing adoption of infrared LEDs in remote sensing and hyper spectral imaging coupled with increasing applications in healthcare and various industries are the major factors fueling demand for infrared LEDs across the world. Expanding smartphone market and growing security concerns are further fueling demand for infrared LEDs across the world.
The global Infrared LED market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Infrared LED in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Epistar
Nichia
Everlight Electronics
High power Lighting
Osram
Lextar
Opto
Vishay
Epitex
Larson Electronics
By the product type, the market is primarily split into
Emitters
Receivers
Transceivers
By the end users/application, this report covers the following segments
Biometric
Imaging
Lighting
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