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Global Infrared (IR) LED Market: Leading Segments and their Growth Drivers 2026

More Information @ https://bit.ly/3d5zBLy <br>Government regulations mandating the use of IR lighting in vehicles to ensure driver safety may fuel product proliferation. Moreover, instances like deployment of surveillance cameras network by NYPD to fight against coronavirus by tracking the populations in the city for following social distancing may stimulate industry trends over the coming years.

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Global Infrared (IR) LED Market: Leading Segments and their Growth Drivers 2026

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  1. Global Infrared (IR) LED Market: Factors Helping to Maintain Strong Position Globally 2020-2026

  2. Industry Overview • Accordingly, to Global Market Insights research report infrared LED market trends are poised to be driven by rising demand for a strong and efficient surveillance system across the globe. IR LEDs are gaining popularity on account of their applicability in a wide range of signal transfer systems including infrared cameras for surveillance and night vision, remote control of television, and other uses. • Over the past few years, integration of disruptive technologies with surveillance systems, such as IoT and smart sensors has been observed. Large-scale incorporation of these technologies in order improve surveillance performance is likely to offer growth avenues for IR LED manufacturers. These systems are witnessing high demand from industries, smart cities and military applications.. • Government regulations mandating the use of IR lighting in vehicles to ensure driver safety may fuel product proliferation. Moreover, instances like deployment of surveillance cameras network by NYPD to fight against coronavirus by tracking the populations in the city for following social distancing may stimulate industry trends over the coming years. Estimates suggests that infrared LED market size will exceed USD 1 billion in terms of annual valuation by 2026, worldwide.

  3. Continue… • Consumer electronics is likely to experience major setback in 2020 due to dropping demand for electronics like smartphones and other smart home solutions, due to the outbreak of COVID-19. However, the demand may gain substantial momentum, once economy revives from the crisis. Various smartphone manufacturers are collaborating with IR LED producers to integrate facial and iris recognition with infrared technology. For instance, Osram introduced an infrared LED of wavelength 940nm for 2D integration in mobile phones and tablets for facial recognition in 2018. • IR LED devices with high wavelengths are used as light sources in infrared communications, photo couplers and remote controller. In 2019, 950nm-1020nm segment held over 5% of the overall market share and is expected to grow at 5% over the analysis period on account of increasing applications in surveillance cameras, infrared range finder for digital camera, smoke detectors and sensors for factory automation. • The IR LED devices for image processing are used in wide range of applications including medicine, defense & security, handheld mobile devices and industries. The imaging application segment in the market is set to grow at 7% over 2020-2026 due to high-quality image and enhanced image processing algorithms.

  4. Browse Full Market Research Report @ https://bit.ly/2yA8yZU Request for a Sample of this Research report @ https://bit.ly/3d5zBLy

  5. Growth Drivers • Presence of several optoelectronic players in Taiwan • High security demand in the U.S. • Rising integration of automotive electronics and advance vehicle systems • Favorable government regulations in China • Rising investment in technology in India • Increasing demand from the surveillance sector in UK • Technological; advancement and favorable investment landscape in South Korea • High investment in commercial sector to drive UAE market growth

  6. Continue… • Top Key Player are EPILEDS, Epistar Corporation, Everlight Electronics Co. Ltd, Excelitas Technologies Corporation, High Power Lightning Corporation, Kingbright, Lextar Electronics, Lite-On Inc., Lumileds, Luna Optoelectronics, Marktech Optoelectronics, Nichia Corporation, ON Semiconductor, Osram Opto Semiconductors Inc., ROHM Semiconductor, TE Connectivity Measurement Specialities, Ushio OPTO Semiconductors Inc., Vishay Intertechnology, Wurth Electronics Inc.

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