Infrared (IR) Light-emitting Diode (LED) Market by Type, Application, and Geography - Forecast and Analysis 2023-2027

Published: Apr 2023 Pages: 169 SKU: IRTNTR44552

The infrared light-emitting diode market size is estimated to grow at a CAGR of 8.09% between 2022 and 2027. The market size is forecast to increase by USD 242.69 million. The growth of the market depends on several factors, including increasing government security initiatives for video surveillance, increasing integration of biometrics in consumer electronics, and increasing adoption of night vision technologies.

This infrared (IR) light-emitting diode (LED) market report extensively covers market segmentation by type (Gallium arsenide LED and Aluminum gallium arsenide LED), application (consumer electronics, surveillance, automotive, and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Infrared Light-emitting Diode Market During the Forecast Period?

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Infrared Light-emitting Diode Market: Key Drivers, Trends, Challenges, and Customer Landscape

The Increasing integration of biometrics in consumer electronics is notably driving the market growth, although indoor limitations of infrared light-emitting diodes may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Infrared Light-emitting Diode Market Driver

Increasing integration of biometrics in consumer electronics is notably driving the infrared (IR) light-emitting diode (LED) market growth. Advanced computer chips, modern camera sensors, and highly efficient infrared light-emitting diodes are integrating complex eye-tracking systems into consumer devices such as smartphones, notebooks, and tablets. These systems allow the device to detect the user's eye movements. Besides common input methods, eye tracking and retinal scanning enable new intuitive interactions between humans and machines. Eye tracking systems can record eye movements and the direction people are looking. Most of these systems use infrared light to illuminate the user's eyes, click images with a camera, and estimate eye movements from image data. An image processing algorithm takes this raw data and calculates the position of the pupil. Based on information about the position of a reference object such as a screen, special software can detect exactly where the user is looking.

Regardless of eye color, infrared illumination ensures the necessary contrast between the iris and pupil, especially in low light or when the screen background is very bright. Several infrared emitting diode manufacturers, such as OSRAM, have begun developing products for consumer electronics biometrics. Therefore, the application of biometrics in consumer electronics will increase the demand for infrared light-emitting diodes, driving the infrared (IR) light-emitting diode (LED) market growth during the forecast period.

Significant IR light-emitting diode (LED) market Trends

The increasing number of smart cities is a key trend influencing the Infrared (IR) LED Market growth. A smart city is an amalgamation of multiple digital technologies that improve communication between devices, improve urban infrastructure, reduce costs, improve quality of life, and enable efficient use of resources. Intelligent traffic control, home surveillance, and safe and intelligent mobility are essential elements of smart cities. Smart cities use multiple interconnected digital technologies to improve communication between devices, increase performance, reduce costs, and contribute to the efficient use of resources. These digital technologies include Smart Pole solutions that support intelligent transportation. Smart City enables smart pole end-users to quickly respond to challenges faced by city dwellers. Surveillance and security equipment such as CCTV cameras are widely used in smart cities for traffic control, vehicle speed monitoring, automatic license plate recognition, and parking assistance.

Moreover, the number of smart cities is expected to grow rapidly during the forecast period. Cutting-edge technologies such as big data and artificial intelligence carry out tasks such as real-time video surveillance and emergency response. This will increase the demand for surveillance systems and related components such as infrared emitting diodes. Therefore, with the increasing number of smart cities, the application of infrared light-emitting diodes will increase, which will drive the market over the forecast period. 

Major Infrared Light-emitting Diode Market Challenge

Indoor limitations of infrared light-emitting diodes are challenging the IR Light-emitting Diode (LED) Market growth. Indoor use of cameras with infrared emitting diodes is not easy due to reflective surfaces. In residential applications, infrared emitting diodes tend to bounce off windows and reflect back onto the camera, so if the camera is pointed looking through a window, the video will be washed out. Video from high-power infrared security cameras is usually washed out by these reflective surfaces. In addition, infrared-emitting diodes are bright and powerful and bounce off opposite surfaces and surroundings.

Infrared cameras can be used indoors when there are open areas free of reflective surfaces, windows, or other objects. However, it does not perform optimally indoors. Therefore, limitations on indoor infrared light-emitting diodes will have a negative impact on market growth during the forecast period.

Key Infrared Light-emitting Diode Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Infrared Light-emitting Diode Market Customer Landscape

Who are the Major Infrared Light-emitting Diode Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Adolf Wurth GmbH and Co. KG: The company offers different types of infrared light-emitting diodes such as SFH 4718A, SFH 4053, and many more.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • AMS OSRAM AG
  • Ennostar Inc.
  • Epileds Technologies Inc.
  • Everlight Electronics Co. Ltd.
  • EXALOS AG
  • Excelitas Technologies Corp.
  • High Power Lighting Corp.
  • Kingbright Electronic Co. Ltd.
  • Kioxia Corp.
  • Lumileds Holding BV
  • Luna Innovations Inc.
  • Marktech Optoelectronics Inc.
  • Nichia Corp.
  • ROHM Co. Ltd.
  • TE Connectivity Ltd.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segments in the Infrared Light-emitting Diode Market?

The market share growth by the gallium arsenide LED segment will be significant during the forecast period. A semiconductor called gallium arsenide(GaAs) can emit light and is used in the LED field because of its direct bandgap. GaAs infrared emitting diodes are fast, making them suitable for use in radio frequency (RF) devices such as mobile phones and microwave ovens, which are primarily used in military applications such as radar and smart weapons. Demand for GaAs infrared emitting diodes is expected to grow moderately, driven by increased ruggedness, efficient power consumption, and superior performance of GaAs devices. These advantages make these components attractive solutions in industries such as consumer electronics. This ultimately increases market revenue over the forecast period.

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The gallium arsenide LED segment was valued at USD 218.09 million in 2017 and continued to grow until 2021. The gallium arsenide(GaAs) infrared emitting diode segment is growing due to the increasing adoption of smart homes, mobile phones, and high-frequency radar systems. GaAs infrared emitting diode materials have applications in specific areas such as infrared spectroscopy, which is used to determine the wavelength range of a signal. For example, a GaAs sensor incorporating an infrared emitting diode is designed for multichannel near-infrared spectrophotometry. Also, the increasing adoption of these sensors in spectroscopy and healthcare applications will propel the market over the forecast period.

Which are the Key Regions for the Infrared Light-emitting Diode Market?

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APAC is estimated to contribute 67% to the growth of the global IR light-emitting diode (LED) market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

APAC is a global manufacturing center for consumer electronics and other industrial products requiring infrared light-emitting diodes. APAC's automotive industry is large. There are many famous automobile manufacturers in Japan such as Toyota, Nissan, Suzuki, and Mitsubishi Motors. Infrared emitting diodes are widely used in automotive applications such as driver monitoring and gesture control. Rising automobile production in APAC will drive the adoption of infrared light-emitting diodes, which will ultimately drive the growth of the market during the forecast period. There is also a huge demand for consumer electronics in APAC as it is the manufacturing base for various electronic display products. The widespread acceptance of remote controls by major smart TV and game console manufacturers in the region is another factor driving the demand for infrared-emitting diodes in APAC. 

In 2020, industrial activities across the world were impacted by the COVID-19 outbreak. Strict lockdowns and social distancing regulations led many business owners to temporarily close their facilities. The pandemic severely impacted automobile production and other manufacturing subsectors. This crisis affected not only corporate capital investment but also the procurement budget for raw materials and parts such as infrared light-emitting diodes. However, the market started to recover in 2021 due to the lifting of lockdowns and the start of mass vaccination campaigns against COVID-19. Moreover, the growing demand for infrared light-emitting diodes from end-users such as automobiles and consumer electronics is expected to boost the growth of the market during the forecast period. 

Segment Overview

The infrared (IR) LED market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Type Outlook (USD Million, 2017 - 2027)
    • Gallium arsenide LED
    • Aluminium gallium arsenide LED
  • Application Outlook (USD Million, 2017 - 2027)
    • Consumer electronics
    • Surveillance
    • Automotive
    • Others
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Parent Market Analysis

Technavio categorizes the global infrared (IR) LED market as a part of the global semiconductors market within the overall global semiconductors and semiconductor equipment market. The parent global semiconductor market includes manufacturers of semiconductors and related products. Technavio defines semiconductor manufacturers as companies involved in the production of integrated circuits (ICs) such as memory, logic, analog, and microcomponents. 

 

Infrared Light-emitting Diode Market Scope

Report Coverage

Details

Page number

169

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.09%

Market growth 2023-2027

USD 242.69 million

Market structure

Fragmented

YoY growth 2022-2023(%)

7.58

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 67%

Key countries

US, China, South Korea, Taiwan, and Singapore

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Adolf Wurth GmbH and Co. KG, AMS OSRAM AG, Ennostar Inc., Epileds Technologies Inc., Everlight Electronics Co. Ltd., EXALOS AG, Excelitas Technologies Corp., High Power Lighting Corp., Kingbright Electronic Co. Ltd., Kioxia Corp., Lumileds Holding BV, Luna Innovations Inc., Marktech Optoelectronics Inc., Nichia Corp., ROHM Co. Ltd., TE Connectivity Ltd., Toyoda Gosei Co. Ltd., Ushio America Inc., Vishay Intertechnology Inc., and Wolfspeed Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Infrared Light-emitting Diode Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across APAC, North America, Europe, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of market vendors

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global infrared light-emitting diode market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global infrared light-emitting diode market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Gallium arsenide LED - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Gallium arsenide LED - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Gallium arsenide LED - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Gallium arsenide LED - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Gallium arsenide LED - Year-over-year growth 2022-2027 (%)
    • 6.4 Aluminium gallium arsenide LED - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Aluminium gallium arsenide LED - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Aluminium gallium arsenide LED - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Aluminium gallium arsenide LED - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Aluminium gallium arsenide LED - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Type
      • Exhibit 42: Market opportunity by Type ($ million)
      • Exhibit 43: Data Table on Market opportunity by Type ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 44: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 46: Chart on Comparison by Application
      • Exhibit 47: Data Table on Comparison by Application
    • 7.3 Consumer electronics - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Consumer electronics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on Consumer electronics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on Consumer electronics - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Consumer electronics - Year-over-year growth 2022-2027 (%)
    • 7.4 Surveillance - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Surveillance - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Surveillance - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Surveillance - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Surveillance - Year-over-year growth 2022-2027 (%)
    • 7.5 Automotive - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Application
      • Exhibit 64: Market opportunity by Application ($ million)
      • Exhibit 65: Data Table on Market opportunity by Application ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 South Korea - Market size and forecast 2022-2027
      • Exhibit 99: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on South Korea - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
    • 9.11 Taiwan - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Taiwan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on Taiwan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on Taiwan - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Taiwan - Year-over-year growth 2022-2027 (%)
    • 9.12 Singapore - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Singapore - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on Singapore - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on Singapore - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Singapore - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ million)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 ams OSRAM AG
              • Exhibit 119: ams OSRAM AG - Overview
              • Exhibit 120: ams OSRAM AG - Business segments
              • Exhibit 121: ams OSRAM AG - Key offerings
              • Exhibit 122: ams OSRAM AG - Segment focus
            • 12.4 Ennostar Inc.
              • Exhibit 123: Ennostar Inc. - Overview
              • Exhibit 124: Ennostar Inc. - Business segments
              • Exhibit 125: Ennostar Inc. - Key offerings
              • Exhibit 126: Ennostar Inc. - Segment focus
            • 12.5 Epileds Technologies Inc.
              • Exhibit 127: Epileds Technologies Inc. - Overview
              • Exhibit 128: Epileds Technologies Inc. - Product / Service
              • Exhibit 129: Epileds Technologies Inc. - Key offerings
            • 12.6 Everlight Electronics Co. Ltd.
              • Exhibit 130: Everlight Electronics Co. Ltd. - Overview
              • Exhibit 131: Everlight Electronics Co. Ltd. - Business segments
              • Exhibit 132: Everlight Electronics Co. Ltd. - Key offerings
              • Exhibit 133: Everlight Electronics Co. Ltd. - Segment focus
            • 12.7 Excelitas Technologies Corp.
              • Exhibit 134: Excelitas Technologies Corp. - Overview
              • Exhibit 135: Excelitas Technologies Corp. - Product / Service
              • Exhibit 136: Excelitas Technologies Corp. - Key offerings
            • 12.8 High Power Lighting Corp.
              • Exhibit 137: High Power Lighting Corp. - Overview
              • Exhibit 138: High Power Lighting Corp. - Product / Service
              • Exhibit 139: High Power Lighting Corp. - Key offerings
            • 12.9 Kingbright Electronic Co. Ltd.
              • Exhibit 140: Kingbright Electronic Co. Ltd. - Overview
              • Exhibit 141: Kingbright Electronic Co. Ltd. - Product / Service
              • Exhibit 142: Kingbright Electronic Co. Ltd. - Key offerings
            • 12.10 Kioxia Corp.
              • Exhibit 143: Kioxia Corp. - Overview
              • Exhibit 144: Kioxia Corp. - Product / Service
              • Exhibit 145: Kioxia Corp. - Key offerings
            • 12.11 Lumileds Holding BV
              • Exhibit 146: Lumileds Holding BV - Overview
              • Exhibit 147: Lumileds Holding BV - Product / Service
              • Exhibit 148: Lumileds Holding BV - Key offerings
            • 12.12 Luna Innovations Inc.
              • Exhibit 149: Luna Innovations Inc. - Overview
              • Exhibit 150: Luna Innovations Inc. - Product / Service
              • Exhibit 151: Luna Innovations Inc. - Key offerings
            • 12.13 Marktech Optoelectronics Inc.
              • Exhibit 152: Marktech Optoelectronics Inc. - Overview
              • Exhibit 153: Marktech Optoelectronics Inc. - Product / Service
              • Exhibit 154: Marktech Optoelectronics Inc. - Key news
              • Exhibit 155: Marktech Optoelectronics Inc. - Key offerings
            • 12.14 Nichia Corp.
              • Exhibit 156: Nichia Corp. - Overview
              • Exhibit 157: Nichia Corp. - Product / Service
              • Exhibit 158: Nichia Corp. - Key offerings
            • 12.15 ROHM Co. Ltd.
              • Exhibit 159: ROHM Co. Ltd. - Overview
              • Exhibit 160: ROHM Co. Ltd. - Business segments
              • Exhibit 161: ROHM Co. Ltd. - Key news
              • Exhibit 162: ROHM Co. Ltd. - Key offerings
              • Exhibit 163: ROHM Co. Ltd. - Segment focus
            • 12.16 Vishay Intertechnology Inc.
              • Exhibit 164: Vishay Intertechnology Inc. - Overview
              • Exhibit 165: Vishay Intertechnology Inc. - Business segments
              • Exhibit 166: Vishay Intertechnology Inc. - Key news
              • Exhibit 167: Vishay Intertechnology Inc. - Key offerings
              • Exhibit 168: Vishay Intertechnology Inc. - Segment focus
            • 12.17 Wolfspeed Inc.
              • Exhibit 169: Wolfspeed Inc. - Overview
              • Exhibit 170: Wolfspeed Inc. - Business segments
              • Exhibit 171: Wolfspeed Inc. - Key offerings
              • Exhibit 172: Wolfspeed Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 173: Inclusions checklist
                • Exhibit 174: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 175: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 176: Research methodology
                • Exhibit 177: Validation techniques employed for market sizing
                • Exhibit 178: Information sources
              • 13.5 List of abbreviations
                • Exhibit 179: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

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