Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales.Prudent Markets published a report for global Infrared Light-emitting Diode market in this environment.
In terms of revenue, this research report indicated that the global Infrared Light-emitting Diode market was valued at USD XXX million in 2020, and it is expected to reach a value of USD XXX million by 2027, at a CAGR of XX % over the forecast period 2021-2027. Correspondingly, the forecast analysis of Infrared Light-emitting Diode industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The Epileds aims at producing XX K Units Infrared Light-emitting Diode in 2020, with XX % production to take place in global market, Epistar accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2026-2027) of Infrared Light-emitting Diode Market byPrudent Markets Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Infrared Light-emitting Diode Market
Epileds
Epistar
Everlight
Nichia
Osram Opto Semiconductors
Vishay Intertechnology
Cree
High Power Lighting
Lextar Electronics
Lite-On Technology
Lumileds
MLS Electronics
Toyoda Gosei
...
Major Type of Infrared Light-emitting Diode Covered inPrudent Markets report:
850nm
870nm
880nm
940nm
980nm
Other
Application Segments Covered inPrudent Markets Market
Surveillance
Consumer Electronics
Automotive
Other
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Infrared Light-emitting Diode Market Analysis 2021, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 850nm -Product Introduction and Major Manufacturers
1.1.2 870nm -Product Introduction and Major Manufacturers
1.1.3 880nm -Product Introduction and Major Manufacturers
1.1.4 940nm -Product Introduction and Major Manufacturers
1.1.5 980nm -Product Introduction and Major Manufacturers
1.1.6 Other -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Infrared Light-emitting Diode Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2026-2027)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2026-2027)
2.3 Application Breakdown Estimates & Forecast, by Application (2026-2027)
3 Regional Market Analysis
3.1 China Infrared Light-emitting Diode Market
3.1.1 Top Companies leading Infrared Light-emitting Diode Development in China (2016-2021)
3.1.2 Sales Value of Major Company in China Market (2016-2021)
3.1.3 China Infrared Light-emitting Diode Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2026-2027)
3.2 EU Infrared Light-emitting Diode Market
3.2.1 Top Companies leading Infrared Light-emitting Diode Development in EU (2016-2021)
3.2.2 Sales Value of Major Company in EU Market (2016-2021)
3.2.3 EU Infrared Light-emitting Diode Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2026-2027)
3.3 USA Infrared Light-emitting Diode Market
3.3.1 Top Companies leading Infrared Light-emitting Diode Development in USA (2016-2021)
3.3.2 Sales Value of Major Company in USA Market (2016-2021)
3.3.3 USA Infrared Light-emitting Diode Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2026-2027)
3.4 Japan Infrared Light-emitting Diode Market
3.4.1 Top Companies leading Infrared Light-emitting Diode Development in Japan (2016-2021)
3.4.2 Sales Value of Major Company in Japan Market (2016-2021)
3.4.3 Japan Infrared Light-emitting Diode Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2026-2027)
3.5 India Infrared Light-emitting Diode Market
3.5.1 Top Companies leading Infrared Light-emitting Diode Development in India (2016-2021)
3.5.2 Sales Value of Major Company in India Market (2016-2021)
3.5.3 India Infrared Light-emitting Diode Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2026-2027)
3.6 Southeast Asia Infrared Light-emitting Diode Market
3.6.1 Top Companies leading Infrared Light-emitting Diode Development in Southeast Asia (2016-2021)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2016-2021)
3.6.3 Southeast Asia Infrared Light-emitting Diode Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2026-2027)
3.7 South America Infrared Light-emitting Diode Market
3.7.1 Top Companies leading Infrared Light-emitting Diode Development in South America (2016-2021)
3.7.2 Sales Value of Major Company in South America Market (2016-2021)
3.7.3 South America Infrared Light-emitting Diode Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2026-2027)
4 Value Chain (Impact of COVID-19)
4.1 Infrared Light-emitting Diode Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Infrared Light-emitting Diode Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2027)
5.1 Global Infrared Light-emitting Diode Sales and Growth Rate (2021-2027)
5.2 Global Infrared Light-emitting Diode Sales Value and Growth Rate (2021-2027)
6 Infrared Light-emitting Diode Competitive Analysis
6.1 Epileds
6.1.1 Epileds Company Profiles
6.1.2 Epileds Product Introduction
6.1.3 Epileds Infrared Light-emitting Diode Production, Revenue (2016-2021)
6.1.4 SWOT Analysis
6.2 Epistar
6.2.1 Epistar Company Profiles
6.2.2 Epistar Product Introduction
6.2.3 Epistar Infrared Light-emitting Diode Production, Revenue (2016-2021)
6.2.4 SWOT Analysis
6.3 Everlight
6.3.1 Everlight Company Profiles
6.3.2 Everlight Product Introduction
6.3.3 Everlight Infrared Light-emitting Diode Production, Revenue (2016-2021)
6.3.4 SWOT Analysis
6.4 Nichia
6.4.1 Nichia Company Profiles
6.4.2 Nichia Product Introduction
6.4.3 Nichia Infrared Light-emitting Diode Production, Revenue (2016-2021)
6.4.4 SWOT Analysis
6.5 Osram Opto Semiconductors
6.5.1 Osram Opto Semiconductors Company Profiles
6.5.2 Osram Opto Semiconductors Product Introduction
6.5.3 Osram Opto Semiconductors Infrared Light-emitting Diode Production, Revenue (2016-2021)
6.5.4 SWOT Analysis
6.6 Vishay Intertechnology
6.6.1 Vishay Intertechnology Company Profiles
6.6.2 Vishay Intertechnology Product Introduction
6.6.3 Vishay Intertechnology Infrared Light-emitting Diode Production, Revenue (2016-2021)
6.6.4 SWOT Analysis
6.7 Cree
6.7.1 Cree Company Profiles
6.7.2 Cree Product Introduction
6.7.3 Cree Infrared Light-emitting Diode Production, Revenue (2016-2021)
6.7.4 SWOT Analysis
6.8 High Power Lighting
6.8.1 High Power Lighting Company Profiles
6.8.2 High Power Lighting Product Introduction
6.8.3 High Power Lighting Infrared Light-emitting Diode Production, Revenue (2016-2021)
6.8.4 SWOT Analysis
6.9 Lextar Electronics
6.9.1 Lextar Electronics Company Profiles
6.9.2 Lextar Electronics Product Introduction
6.9.3 Lextar Electronics Infrared Light-emitting Diode Production, Revenue (2016-2021)
6.9.4 SWOT Analysis
6.10 Lite-On Technology
6.10.1 Lite-On Technology Company Profiles
6.10.2 Lite-On Technology Product Introduction
6.10.3 Lite-On Technology Infrared Light-emitting Diode Production, Revenue (2016-2021)
6.10.4 SWOT Analysis
6.11 Lumileds
6.12 MLS Electronics
6.13 Toyoda Gosei
7 Conclusion