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Short Wave IR LED Market Share

  • Report ID: GMI5553
  • Published Date: Apr 2023
  • Report Format: PDF

Short Wave IR LED Market Share

Some of the prominent short wave IR LED market players are:

  • EPILEDS
  • Everlight Electronics Co Ltd
  • Lite-On Inc
  • Ushio OPTO Semiconductors Inc
  • DOWA Electronics Materials Co Ltd.,
  • ROHM Semiconductor

 Back in February 2023, Excelitas Technologies Corporation, a Massachusetts-based industrial technology manufacturer, announced the acquisition of Phoseon Technology, Inc., a US-based provider of LED-based scientific illumination & industrial curing solutions.
 

Through this acquisition, Excelitas will expand its R&D cooperation while adding Phoseon’s manufacturing facilities to its portfolio to better cater to customers’ requirements.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

In 2022, global short wave IR LED market was valued at over USD 250 million and is anticipated to grow at over 5% CAGR from 2023 to 2032, driven by surging innovations in security & surveillance systems globally.

In terms of spectral range, SWIR LED industry from 700nm-850nm segment is slated to grow at over 10% CAGR through 2023 to 2032, on account of the growing adoption of biometrics in the BFSI sector.

North America SWIR LED market held a valuation of over USD 100 million in 2022 and is pegged to accrue strong growth on account of the increasing demand for energy-efficient surveillance technologies from the region’s defense sector.

Some of the major SWIR LED market players include names such as ON Semiconductor, ROHM Semiconductor, Vishay Intertechnology, Marktech Optoelectronics, and Ushio OPTO Semiconductors Inc., among others.

Short Wave IR LED Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 18
  • Tables & Figures: 481
  • Countries covered: 17
  • Pages: 240
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