Short Wave IR LED Market - By Spectral Range, By Application, By End-Use & Forecast, 2023

Description

List of Tables

Global Short Wave IR LED Industry is expected to witness commendable growth between 2023 and 2032, owing to recent advancements in SWIR LED technology. Many companies in this business segment are focusing on launching SWIR LEDs with advanced image acquisition capabilities. For instance, in October 2022, SWIR Vision Systems Inc., a U.S.-based SWIR LED manufacturer, announced the launch of high-resolution 2.1 Mp Acuros 1920 CQD eSWIR cameras to cater to imaging requirements of industrial applications.

Citing another instance, in April 2023, ROHM Semiconductor, a Japanese electronic parts manufacturer, unveiled a mass production technology for SWIR devices in the industry's smallest range, 1608-size (1.6mm × 0.8mm) for portable devices. These technological innovations are likely to render a positive impact on the overall market dynamics through 2032.

The short wave IR LED industry is divided based on spectral range, application, end-use, and region.

Regarding the spectral range, the market size from the 850nm-950nm segment is slated to expand substantially through 2032. Short wave IR LEDs falling within this range find extensive usage in security applications. A noticeable rise in government investments focused on enhancing the security infrastructure is expected to favor product uptake. As per the August 2022 report by the International Trade Administration, the surveillance systems industry in India stood at USD 2.5 billion. An increased emphasis on developing smart cities will also help streamline industry growth in the coming years.

Based on application, SWIR LED industry share from the imaging segment is expected to grow at more than 5% CAGR from 2023 to 2032. The rising need for thermographic measurement and thermal imaging in glass, ceramic, and metal industries is affecting segment growth positively. Moreover, increasing efforts by industry players toward developing SWIR cameras with cutting-edge capabilities such as high temperatures, radiometric calibration, etc., may further contribute to segment expansion.

With respect to end-use, the overall market value from the healthcare segment is poised to reach USD 55 million by 2032. Deep tissue penetration capability, low scattering, and high signal fidelity of short wave IR technology make it suitable for analyzing superficial tissue composition in biomedical imaging systems. Specifically, in fluorescence-guided surgery, the technology has gained immense traction, given its ability to acquire high-resolution images of subsurface structures.

Europe Short Wave IR LED industry is anticipated to garner appreciable gains over 2023-2032, owing to the presence of numerous automotive giants such as Volkswagen AG and BMW AG focusing on installing advanced systems such as ADAS, and lane departure warning systems. For instance, in November 2021, Qualcomm Technologies, Inc., a leading technology solutions provider inked a deal with BMW to deploy its advanced driver assistance technologies to BMW's next-generation ADAS systems.

Product Code: 5553

Chapter 1 Methodology and Scope

1.1 Market scope & definitions
1.2 Base estimates and calculations
1.3 Forecast calculations
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources
1.5 Industry Glossary

Chapter 2 Executive Summary

2.1 Short Wave IR LED industry 360 degree synopsis, 2018-2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023-2032
2.3 Regional trends
2.4 Spectral range trends
2.5 Application trends
2.6 End-use trends

Chapter 3 Short Wave IR LED Market Industry Insights

3.1 Impact of COVID-19
- 3.1.1 North America
- 3.1.2 Europe
- 3.1.3 Asia Pacific
- 3.1.4 Latin America
- 3.1.5 MEA
3.2 Russia- Ukraine war impact
3.3 U.S.-China trade ware
3.4 Industry ecosystem
- 3.4.1 Component provider
- 3.4.2 Technology provider
- 3.4.3 Manufacturers
- 3.4.4 Distributor
- 3.4.5 End-user
- 3.4.6 Vendor Matrix
3.5 Profit margin analysis
3.6 Technology & innovation landscape
3.7 Patent analysis
3.8 Key initiative and news
3.9 Regulatory landscape
3.10 Industry impact forces
- 3.10.1 Growth drivers
  - 3.10.1.1 Growing sensor integration in the healthcare industry
  - 3.10.1.2 Rising automation in industries
  - 3.10.1.3 Adoption of smart infrastructure in the education sector
  - 3.10.1.4 Innovations in surveillance & security systems
- 3.10.2 Industry pitfalls & challenges
  - 3.10.2.1 Increasing concerns related to data privacy.
3.11 Growth potential analysis
3.12 Porter's analysis
3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 Ushio OPTO Semiconductors Inc
- 4.3.2 EPILEDS
- 4.3.3 DOWA Electronics Materials Co., Ltd.
- 4.3.4 Everlight Electronics Co. Ltd.
- 4.3.5 Lite-On Inc.
- 4.3.6 ROHM Semiconductor
- 4.3.7 Lumileds
4.4 Competitive positioning matrix
4.5 Strategic outlook matrix

Chapter 5 Short Wave IR LED Market, By Spectral Range

5.1 Key trends, by spectral range
5.2 700nm-850nm
- 5.2.1 Market estimates and forecast, 2018-2032
5.3 850nm-950nm
- 5.3.1 Market estimates and forecast, 2018-2032
5.4 950nm-1020nm
- 5.4.1 Market estimates and forecast, 2018-2032
5.5 1020nm-2500nm
- 5.5.1 Market estimates and forecast, 2018-2032

Chapter 6 Short Wave IR LED Market, By Application

6.1 Key trends, by application
6.2 Biometrics
- 6.2.1 Market estimates and forecast, 2018-2032
6.3 Imaging
- 6.3.1 Market estimates and forecast, 2018-2032
6.4 Lighting
- 6.4.1 Market estimates and forecast, 2018-2032
6.5 Remote sensing
- 6.5.1 Market estimates and forecast, 2018-2032
6.6 Surveillance
- 6.6.1 Market estimates and forecast, 2018-2032

Chapter 7 Short Wave IR LED Market, By End-Use

7.1 Key trends, by end-use
7.2 Aerospace & defence
- 7.2.1 Market estimates and forecast, 2018-2032
7.3 Automotive
- 7.3.1 Market estimates and forecast, 2018-2032
7.4 BFSI
- 7.4.1 Market estimates and forecast, 2018-2032
7.5 Consumer Electronics
- 7.5.1 Market estimates and forecast, 2018-2032
7.6 Education
- 7.6.1 Market estimates and forecast, 2018-2032
7.7 Healthcare
- 7.7.1 Market estimates and forecast, 2018-2032
7.8 Industrial
- 7.8.1 Market estimates and forecast, 2018-2032
7.9 Retail
- 7.9.1 Market estimates and forecast, 2018-2032

Chapter 8 Short Wave IR LED Market, By Region

8.1 Key trends, by region
8.2 North America
- 8.2.1 Market estimates and forecast, 2018-2032
- 8.2.2 Market estimates and forecast, by spectral range, 2018-2032
- 8.2.3 Market estimates and forecast, by application, 2018-2032
- 8.2.4 Market estimates and forecast, by end-use, 2018-2032
- 8.2.5 U.S.
  - 8.2.5.1 Market estimates and forecast, 2018-2032
  - 8.2.5.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.2.5.3 Market estimates and forecast, by application, 2018-2032
  - 8.2.5.4 Market estimates and forecast, by end-use, 2018-2032
- 8.2.6 Canada
  - 8.2.6.1 Market estimates and forecast, 2018-2032
  - 8.2.6.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.2.6.3 Market estimates and forecast, by application, 2018-2032
  - 8.2.6.4 Market estimates and forecast, by end-use, 2018-2032
8.3 Europe
- 8.3.1 Market estimates and forecast, 2018-2032
- 8.3.2 Market estimates and forecast, by spectral range, 2018-2032
- 8.3.3 Market estimates and forecast, by application, 2018-2032
- 8.3.4 Market estimates and forecast, by end-use, 2018-2032
- 8.3.5 UK
  - 8.3.5.1 Market estimates and forecast, 2018-2032
  - 8.3.5.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.3.5.3 Market estimates and forecast, by application, 2018-2032
  - 8.3.5.4 Market estimates and forecast, by end-use, 2018-2032
- 8.3.6 Germany
  - 8.3.6.1 Market estimates and forecast, 2018-2032
  - 8.3.6.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.3.6.3 Market estimates and forecast, by application, 2018-2032
  - 8.3.6.4 Market estimates and forecast, by end-use, 2018-2032
- 8.3.7 France
  - 8.3.7.1 Market estimates and forecast, 2018-2032
  - 8.3.7.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.3.7.3 Market estimates and forecast, by application, 2018-2032
  - 8.3.7.4 Market estimates and forecast, by end-use, 2018-2032
- 8.3.8 Italy
  - 8.3.8.1 Market estimates and forecast, 2018-2032
  - 8.3.8.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.3.8.3 Market estimates and forecast, by application, 2018-2032
  - 8.3.8.4 Market estimates and forecast, by end-use, 2018-2032
- 8.3.9 Spain
  - 8.3.9.1 Market estimates and forecast, 2018-2032
  - 8.3.9.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.3.9.3 Market estimates and forecast, by application, 2018-2032
  - 8.3.9.4 Market estimates and forecast, by end-use, 2018-2032
8.4 Asia Pacific
- 8.4.1 Market estimates and forecast, 2018-2032
- 8.4.2 Market estimates and forecast, by spectral range, 2018-2032
- 8.4.3 Market estimates and forecast, by application, 2018-2032
- 8.4.4 Market estimates and forecast, by end-use, 2018-2032
- 8.4.5 China
  - 8.4.5.1 Market estimates and forecast, 2018-2032
  - 8.4.5.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.4.5.3 Market estimates and forecast, by application, 2018-2032
  - 8.4.5.4 Market estimates and forecast, by end-use, 2018-2032
- 8.4.6 India
  - 8.4.6.1 Market estimates and forecast, 2018-2032
  - 8.4.6.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.4.6.3 Market estimates and forecast, by application, 2018-2032
  - 8.4.6.4 Market estimates and forecast, by end-use, 2018-2032
- 8.4.7 Japan
  - 8.4.7.1 Market estimates and forecast, 2018-2032
  - 8.4.7.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.4.7.3 Market estimates and forecast, by application, 2018-2032
  - 8.4.7.4 Market estimates and forecast, by end-use, 2018-2032
- 8.4.8 South Kora
  - 8.4.8.1 Market estimates and forecast, 2018-2032
  - 8.4.8.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.4.8.3 Market estimates and forecast, by application, 2018-2032
  - 8.4.8.4 Market estimates and forecast, by end-use, 2018-2032
- 8.4.9 Taiwan
  - 8.4.9.1 Market estimates and forecast, 2018-2032
  - 8.4.9.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.4.9.3 Market estimates and forecast, by application, 2018-2032
  - 8.4.9.4 Market estimates and forecast, by end-use, 2018-2032
8.5 Latin America
- 8.5.1 Market estimates and forecast, 2018-2032
- 8.5.2 Market estimates and forecast, by spectral range, 2018-2032
- 8.5.3 Market estimates and forecast, by application, 2018-2032
- 8.5.4 Market estimates and forecast, by end-use, 2018-2032
- 8.5.5 Brazil
  - 8.5.5.1 Market estimates and forecast, 2018-2032
  - 8.5.5.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.5.5.3 Market estimates and forecast, by application, 2018-2032
  - 8.5.5.4 Market estimates and forecast, by end-use, 2018-2032
- 8.5.6 Mexico
  - 8.5.6.1 Market estimates and forecast, 2018-2032
  - 8.5.6.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.5.6.3 Market estimates and forecast, by application, 2018-2032
  - 8.5.6.4 Market estimates and forecast, by end-use, 2018-2032
- 8.5.7 Argentina
  - 8.5.7.1 Market estimates and forecast, 2018-2032
  - 8.5.7.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.5.7.3 Market estimates and forecast, by application, 2018-2032
  - 8.5.7.4 Market estimates and forecast, by end-use, 2018-2032
8.6 MEA
- 8.6.1 Market estimates and forecast, 2018-2032
- 8.6.2 Market estimates and forecast, by spectral range, 2018-2032
- 8.6.3 Market estimates and forecast, by application, 2018-2032
- 8.6.4 Market estimates and forecast, by end-use, 2018-2032
- 8.6.5 UAE
  - 8.6.5.1 Market estimates and forecast, 2018-2032
  - 8.6.5.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.6.5.3 Market estimates and forecast, by application, 2018-2032
  - 8.6.5.4 Market estimates and forecast, by end-use, 2018-2032
- 8.6.6 Saudi Arabia
  - 8.6.6.1 Market estimates and forecast, 2018-2032
  - 8.6.6.2 Market estimates and forecast, by spectral range, 2018-2032
  - 8.6.6.3 Market estimates and forecast, by application, 2018-2032
  - 8.6.6.4 Market estimates and forecast, by end-use, 2018-2032

Chapter 9 Company Profiles

9.1 Alpha One Electronics Ltd
- 9.1.1 Business Overview
- 9.1.2 Financial Data
- 9.1.3 Product Landscape
- 9.1.4 Strategic Outlook
- 9.1.5 SWOT Analysis
9.2 Brightek (Europe) Limited
- 9.2.1 Business Overview
- 9.2.2 Financial Data
- 9.2.3 Product Landscape
- 9.2.4 Strategic Outlook
- 9.2.5 SWOT Analysis
9.3 DOWA Electronics Materials Co., Ltd.
- 9.3.1 Business Overview
- 9.3.2 Financial Data
- 9.3.3 Product Landscape
- 9.3.4 Strategic Outlook
- 9.3.5 SWOT Analysis
9.4 EPILEDS
- 9.4.1 Business Overview
- 9.4.2 Financial Data
- 9.4.3 Product Landscape
- 9.4.4 Strategic Outlook
- 9.4.5 SWOT Analysis
9.5 Epistar Corporation
- 9.5.1 Business Overview
- 9.5.2 Financial Data
- 9.5.3 Product Landscape
- 9.5.4 Strategic Outlook
- 9.5.5 SWOT Analysis
9.6 Everlight Electronics Co Ltd
- 9.6.1 Business Overview
- 9.6.2 Financial Data
- 9.6.3 Product Landscape
- 9.6.4 Strategic Outlook
- 9.6.5 SWOT Analysis
9.7 Excelitas Technologies Corporation
- 9.7.1 Business Overview
- 9.7.2 Financial Data
- 9.7.3 Product Landscape
- 9.7.4 Strategic Outlook
- 9.7.5 SWOT Analysis
9.8 High Power Lighting Corporation
- 9.8.1 Business Overview
- 9.8.2 Financial Data
- 9.8.3 Product Landscape
- 9.8.4 Strategic Outlook
- 9.8.5 SWOT Analysis
9.9 Kingbright
- 9.9.1 Business Overview
- 9.9.2 Financial Data
- 9.9.3 Product Landscape
- 9.9.4 Strategic Outlook
- 9.9.5 SWOT Analysis
9.10 Lextar Electronics Corporation
- 9.10.1 Business Overview
- 9.10.2 Financial Data
- 9.10.3 Product Landscape
- 9.10.4 Strategic Outlook
- 9.10.5 SWOT Analysis
9.11 Lite-On Inc.
- 9.11.1 Business Overview
- 9.11.2 Financial Data
- 9.11.3 Product Landscape
- 9.11.4 Strategic Outlook
- 9.11.5 SWOT Analysis
9.12 Lumileds
- 9.12.1 Business Overview
- 9.12.2 Financial Data
- 9.12.3 Product Landscape
- 9.12.4 Strategic Outlook
- 9.12.5 SWOT Analysis
9.13 Marktech Optoelectronics
- 9.13.1 Business Overview
- 9.13.2 Financial Data
- 9.13.3 Product Landscape
- 9.13.4 Strategic Outlook
- 9.13.5 SWOT Analysis
9.14 ON Semiconductor
- 9.14.1 Business Overview
- 9.14.2 Financial Data
- 9.14.3 Product Landscape
- 9.14.4 Strategic Outlook
- 9.14.5 SWOT Analysis
9.15 OSRAM Opto Semiconductors Inc.
- 9.15.1 Business Overview
- 9.15.2 Financial Data
- 9.15.3 Product Landscape
- 9.15.4 Strategic Outlook
- 9.15.5 SWOT Analysis
9.16 ROHM Semiconductor
- 9.16.1 Business Overview
- 9.16.2 Financial Data
- 9.16.3 Product Landscape
- 9.16.4 Strategic Outlook
- 9.16.5 SWOT Analysis
9.17 Ushio OPTO Semiconductors Inc.
- 9.17.1 Business Overview
- 9.17.2 Financial Data
- 9.17.3 Product Landscape
- 9.17.4 Strategic Outlook
- 9.17.5 SWOT Analysis
9.18 Vishay Intertechnology
- 9.18.1 Business Overview
- 9.18.2 Financial Data
- 9.18.3 Product Landscape
- 9.18.4 Strategic Outlook
- 9.18.5 SWOT Analysis
9.19 Wurth Electronics Inc.
- 9.19.1 Business Overview
- 9.19.2 Financial Data
- 9.19.3 Product Landscape
- 9.19.4 Strategic Outlook
- 9.19.5 SWOT Analysis