Infrared Light-emitting Diode Market will register an impressive CAGR of over 12.54% during the forecast period 2018-2021

ResearchMoz presents professional and in-depth study of "Global Infrared Light-emitting Diode Market 2017-2021".

The light-emitting wavelength of infrared LEDs is between 800 nm and 980 nm. Infrared LEDs are widely used for night vision capabilities in CCTV cameras and as light sources for photo couplers, remote controllers, and infrared communications such as Infrared Data Association (IrDA).

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Technavios analysts forecast the global infrared LED market to grow at a CAGR of 12.54% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global infrared LED market for 2017-2021. To calculate the market size, the report considers the revenue generated from the consumption of infrared LEDs across the world.

The market is divided into the following segments based on geography:

Technavio's report, Global Infrared LED Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
OSRAM Opto Semiconductors
Vishay Intertechnology

Other prominent vendors
High Power Lighting
Lextar Electronics
Lite-On Technology
MLS Electronics

Market driver
Increasing installation of CCTV cameras for surveillance
For a full, detailed list, view our report

Market challenge
Absence of global LED standardization
For a full, detailed list, view our report

Market trend
Infrared LEDs to assist in driver monitoring
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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