Home > Semiconductors & Electronics > Lighting > LED > Short Wave IR LED Market

Short Wave IR LED Market Trends

  • Report ID: GMI5553
  • Published Date: Apr 2023
  • Report Format: PDF
 Download Free Sample

Short Wave IR LED Market Trends

Despite their high level of security and safety, contactless electronic ID systems, including biometric systems, are not immune to data breaches. A large amount of personal data is involved in biometric identification, facial recognition, and other applications, which increases data privacy concerns. Surging deployment of SWIR LED technology in biometrics-based security and surveillance applications has given rise to increased data privacy concerns, hampering product adoption.

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

  • Short Wave IR LED Market Size
  • Short Wave IR LED Market Trends
  • Short Wave IR LED Market Analysis
  • Short Wave IR LED Market Share

    • Buy Now

    Immediate Delivery Available

    Premium Report Details

    • Base Year: 2022
    • Companies covered: 18
    • Tables & Figures: 481
    • Countries covered: 17
    • Pages: 240
     Download Free Sample
    ×
    Get a free sample of Short Wave IR LED Market
    Inquiry Before Buying
    Get special pricing options on this report
    Request Sectional Data
    Over 70% of our clients customize reports to fit their needs. Please tell us how you would like to customize yours below

    Your personal details will remain secure and confidential.