NEW YORK, June 18, 2021 /PRNewswire/ --

The infrared light-emitting diode market is expected to grow by USD 152.34 million during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the infrared light-emitting diode market in optimistic, probable, and pessimistic forecast scenarios.

Get more insights about the global trends impacting the future of the market,
Download FREE Sample Report 

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renew phases. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

This post-pandemic business planning research will aid clients to:

• Adjust their strategic planning to move ahead once business stability kicks in.
• Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

Major Three Infrared Light-emitting Diode Market Participants:

Cree Inc.

Cree Inc. offers infrared LEDs under its product line J series.

Epileds Technologies Inc.

Epileds Technologies Inc. provides a range of infrared LEDs, which are used for various illumination, plant lightening, landscape lightening, and other applications.

Everlight Electronics Co. Ltd.

Everlight Electronics Co. Ltd. offers a range of infrared LEDs and silicon detectors, infrared receiver modules, optic fiber device photo links and optical switch.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants: https://www.technavio.com/report/infrared-light-emitting-diode-market-industry-analysis

Infrared Light-emitting Diode Market 2021-2025: Segmentation

Infrared light-emitting diode market is segmented as below:

• Application
• Consumer Electronics
• Surveillance
• Automotive
• Others
• Geography
• APAC
• North America
• Europe
• South America
• The Middle East and Africa

The infrared light-emitting diode market is driven by the increasing government security initiatives for video surveillance. In addition, the migration of LED manufacturers to 6-inch wafer substrates is expected to trigger the infrared light-emitting diode market toward witnessing a CAGR of almost 7% during the forecast period.

Download a Sample to know more about the analysis of the market's competitive landscape and detailed information on vendors @
https://www.technavio.com/talk-to-us?report=IRTNTR44552

Related Report on Information Technology Include

Global Application Specific IC Market- The application specific IC (ASIC) market is segmented by product (smartphones, TVs, PCs, automotive, and others), type (full-custom design, standard cell based, and gate-array based), and geography (APAC, North America, Europe, South America, and MEA).
Download FREE Sample Report

Global Smartphone Power Management IC Market- The smartphone power management IC market is segmented by price (premium range, medium range, and low range), geography (APAC, North America, Europe, MEA, and South America), and key vendors.
Download FREE Sample Report

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Report Page: https://www.technavio.com/report/infrared-light-emitting-diode-market-industry-analysis

View original content to download multimedia:http://www.prnewswire.com/news-releases/infrared-light-emitting-diode-market-2021-2025apac-to-notice-maximum-growthtechnavio-301315229.html

SOURCE Technavio