Biometrics Infrared LED Market Size by Function, Photodiode Spectral Range, End-user, Region, Industry-Wide Analysis, Competitive Landscape Assessment & Long-Term Forecast to 2032

13.46%
CAGR (2026-2032)
782.56 USD Mn.
Market Size
302
Report Pages
149
Market Tables

Overview

Biometrics Infrared LED Market size is expected to reach US$ 1,893.78 Mn. by 2032 from US$ 782.56 Mn. in 2025, at a CAGR of 13.46% during the forecast period. The growing demand in industries such as telecommunications, automotive, retail, healthcare, and consumer electronics is fueling the expansion of the Biometrics Infrared LED Market. Additionally, the increasing adoption of IR LEDs in end-use sectors like security and surveillance systems, biometric authentication, and CCTV cameras is expected to fuel global market growth.

Biometrics Infrared LED Market Dynamics

Increasing digitalization to drive the market

The increasing use of the internet and penetration of smartphones has led people towards digitalization. In recent times mostly are using digital wallets for any transactions. To protect these wallets and applications biometric is a widely adopted technology to identify an individual’s identity and, which provides enhanced security from unauthorized access. Most digital banking service providers use biometric security as it is reliable and no need to remember passwords to make transactions or payments compared to passwords or patterns, which is expected to boost the market. However, the preference for biometric data has been increasing among consumers to identify themselves by fingerprint, face recognition, iris scanning, and many more. With biometrics technology, an individual can easily make payments and eliminates remembering passwords or PINs. As the system uses biometrics it matches the fingerprint of an individual with the recorded data before the payment if it doesn’t match the person can’t make the payment. However, Samsung is using facial recognition in combination with iris scanning and fingerprint sensing to create a secure, passive authentication process. According to the report, approximately 5.5 billion biometric-enabled mobile devices are expected to create a platform of 1 trillion cloud-based biometric transactions every year. As result, increasing preference for biometrics security is expected to boost the market across the globe.

Supportive Regulations Driving Growth in the Biometrics Infrared LED Market

The Biometrics Infrared LED Market is benefiting from the development of regulatory frameworks that promote the use of biometric technologies. Governments and regulatory bodies are acknowledging the role of biometrics in enhancing security and are implementing policies to encourage their adoption. For example, regulations requiring biometric identification in specific industries are expected to boost demand for infrared LED solutions. This favorable regulatory environment will likely drive market growth, as businesses comply with new standards and work to integrate biometric systems. The Biometrics Infrared LED Market is poised to thrive as compliance becomes a key focus for many organizations.

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Biometrics Infrared LED Market Segment Analysis

850nm-950nm is expected to witness the highest growth at a CAGR of 16.13% during the forecast period due to increasing adoption in the automobile sector. This spectral range infrared LED is used for 3D depth sensings such as people detection, gesture recognition, facial recognition, and driver’s fatigue. This provides enhanced road security while driving and reduces the risk of accidents, which is expected to boost the market.

The consumer electronics segment is expected to hold the largest market share of 14.13% by 2032. In today’s time, consumer electronic goods such as smartphones, tablets, laptops, etc. come with biometric securities such as fingerprint, iris scanning, face and voice recognition. The biometric technology is most reliable and user-friendly than passcodes to protect smartphones and tablets from unauthorized access as the technology uses individual biometrics, which provides uniqueness. The use of infrared LED offers accuracy by capturing metrics. The increasing adoption of digital devices such as smartphones and tablets with a standard security system is expected to boost the market in the consumer electronics segment.

Biometrics Infrared LED Regional Insights

North America is expected to witness highest growth during forecast period

North America is expected to witness the highest growth at a CAGR of 14.56% throughout the forecast period. The growth is attributed to the increasing adoption of biometrics in various end-users. The countries like US and Canada are early adopters of technological advancements such as face recognition, iris scanning, fingerprint scanning, etc. for security. However, the US has a large number of presences of biometric infrared LED vendors, and thereby high demand in the country for various applications is expected to boost the market.

The Asia Pacific is expected to witness the fastest growth due to the increasing adoption of smartphones as large populations and emerging digitalization in countries like India and China. China is the largest adopter of biometrics in financial transactions. Biometrics technology is installed around 160 ATMs in 18 districts in China, which is used finger-vein authentication and also works even the person’s skill is sweaty or blistered. However, around 10000 consumers have registered themselves for this new technology. As result, these factors are expected to create many lucrative opportunities for the market in the Asia Pacific.
The objective of the report is to present a comprehensive analysis of the global biometrics infrared LED market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants.

PORTER, SWOT, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding global biometrics infrared LED market dynamic, structure by analyzing the market segments and project global biometrics infrared LED market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global biometrics infrared LED market make the report investor’s guide.

Biometrics Infrared LED Market scope: Inquire before buying

Global Biometrics Infrared LED Market
Report Coverage Details
Base Year: 2025 Forecast Period: 2026-2032
Historical Data: 2020 to 2025 Market Size in 2025: 782.56 USD Million
Forecast Period 2026-2032 CAGR: 13.46% Market Size in 2032: 1894.16 USD Million
Segments Covered: by Function Emitters
Receivers
Transceivers
by Photodiode Spectral Range 700nm-850nm
850nm-950nm
950nm-1020nm
1020nm-1720nm
by Power Low
Medium
High
by End-user Consumer electronics
Automobile
BFSI
Commercial offices
Government & defense
Manufacturing
Healthcare
Others

Biometrics Infrared LED Market, by Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Biometrics Infrared LED Market Key Players are:

1. Vishay Intertechnology
2. Seoul Semiconductor
3. Epistar Corporation
4. Everlight Electronics Co., Ltd
5. ROHM Semiconductor
6. OSRAM Opto Semiconductors (ams OSRAM
7. Nichia Corporation
8. Lite‑On Technology Corporation
9. LG Innotek
10. Cree / Wolfspee
11. Broadcom Inc. (Avago)
12. Samsung Electronics
13. EPILEDS TECHNOLOGIES, Inc.
14. ManuLED
15. Kingbright Company, LLC
16. Excelitas Technologies Corp.
17. Marktech Optoelectronics
18. Ushio America, Inc.
19. TE Connectivity
20. Würth Elektronik GmbH & Co. KG
21. Diodes Incorporated
22. ON Semiconductor
23. Qorvo
24. STMicroelectronics
25. Maxim Integrated
26. Semtech
27. AVX Corporation
28. Sanken Electric Co., Ltd.
29. GeneSiC Semiconductor
30. Bright Light Systems

Frequently Asked questions

1. What is the market size of the Global Biometrics Infrared LED Market in 2025?
Ans. The market size Global Biometrics Infrared LED Market in 2025 was US$ 782.56 Million.

2. What are the different segments of the Global Biometrics Infrared LED Market?
Ans. The Global Biometrics Infrared LED Market  is divided into Function, Power, End-user and Photodiode Spectral Range.

3. What is the market size of the Global Biometrics Infrared LED Market by 2032?
Ans. The market size Global Biometrics Infrared LED Market by 2032 was US$ 1,893.78 Million.

4. Which region is expected to hold the highest Global Biometrics Infrared LED Market share?
Ans. The Asia Pacific dominates the market share in the  market.

5. What  is the Forecast Period of Global Biometrics Infrared LED Market?
Ans. The Forecast Period of the market is 2026-2032 in the market.

Table of Contents

1.Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Biometrics Infrared LED Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Biometrics Infrared LED Market 3.4. Geographical Snapshot of the Biometrics Infrared LED Market, By Manufacturer share 4. Global Biometrics Infrared LED Market Overview, 2026-2032 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Biometrics Infrared LED Market 5. Supply Side and Demand Side Indicators 6. Global Biometrics Infrared LED Market Analysis and Forecast, 2026-2032 6.1. Global Biometrics Infrared LED Market Size & Y-o-Y Growth Analysis. 7. Global Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 7.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 7.1.1. Emitters 7.1.2. Receivers 7.1.3. Transceivers 7.1.4. Detectors 7.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 7.2.1. 700nm-850nm 7.2.2. 850nm-950nm 7.2.3. 950nm-1020nm 7.2.4. 1020nm-1720nm 7.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 7.3.1. Consumer electronics 7.3.2. Automobile 7.3.3. BFSI 7.3.4. Commercial offices 7.3.5. Government & defense 7.3.6. Manufacturing 7.3.7. Healthcare 8. Global Biometrics Infrared LED Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2026-2032 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 9.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 9.1.1. Emitters 9.1.2. Receivers 9.1.3. Transceivers 9.1.4. Detectors 9.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 9.2.1. 700nm-850nm 9.2.2. 850nm-950nm 9.2.3. 950nm-1020nm 9.2.4. 1020nm-1720nm 9.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 9.3.1. Consumer electronics 9.3.2. Automobile 9.3.3. BFSI 9.3.4. Commercial offices 9.3.5. Government & defense 9.3.6. Manufacturing 9.3.7. Healthcare 10. North America Biometrics Infrared LED Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2026-2032 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 11.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 11.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 11.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 12. Canada Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 12.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 12.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 12.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 13. Mexico Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 13.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 13.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 13.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 14. Europe Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 14.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 14.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 14.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 15. Europe Biometrics Infrared LED Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2026-2032 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 16.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 16.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 16.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 17. France Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 17.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 17.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 17.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 18. Germany Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 18.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 18.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 18.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 19. Italy Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 19.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 19.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 19.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 20. Spain Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 20.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 20.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 20.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 21. Sweden Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 21.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 21.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 21.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 22. CIS Countries Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 22.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 22.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 22.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 23. Rest of Europe Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 23.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 23.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 23.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 24. Asia Pacific Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 24.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 24.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 24.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 25. Asia Pacific Biometrics Infrared LED Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2026-2032 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 26.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 26.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 26.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 27. India Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 27.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 27.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 27.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 28. Japan Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 28.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 28.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 28.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 29. South Korea Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 29.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 29.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 29.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 30. Australia Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 30.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 30.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 30.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 31. ASEAN Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 31.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 31.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 31.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 32. Rest of Asia Pacific Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 32.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 32.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 32.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 33. Middle East Africa Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 33.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 33.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 33.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 34. Middle East Africa Biometrics Infrared LED Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2026-2032 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 35.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 35.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 35.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 36. GCC Countries Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 36.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 36.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 36.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 37. Egypt Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 37.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 37.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 37.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 38. Nigeria Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 38.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 38.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 38.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 39. Rest of ME&A Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 39.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 39.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 39.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 40. South America Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 40.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 40.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 40.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 41. South America Biometrics Infrared LED Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2026-2032 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 42.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 42.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 42.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 43. Argentina Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 43.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 43.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 43.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 44. Rest of South America Biometrics Infrared LED Market Analysis and Forecasts, 2026-2032 44.1. Market Size (Value) Estimates & Forecast By Function, 2026-2032 44.2. Market Size (Value) Estimates & Forecast By Photodiode Spectral Range, 2026-2032 44.3. Market Size (Value) Estimates & Forecast By End-user, 2026-2032 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Biometrics Infrared LED Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1 Vishay Intertechnology 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2 Seoul Semiconductor 45.3.3 Epistar Corporation 45.3.4 Everlight Electronics Co., Ltd 45.3.5 ROHM Semiconductor 45.3.6 OSRAM Opto Semiconductors (ams OSRAM) 45.3.7 Nichia Corporation 45.3.8 Lite-On Technology Corporation 45.3.9 LG Innotek 45.3.10 Cree / Wolfspeed 45.3.11 Broadcom Inc. (Avago) 45.3.12 Samsung Electronics 45.3.13 EPILEDS TECHNOLOGIES, Inc. 45.3.14 ManuLED 45.3.15 Kingbright Company, LLC 45.3.16 Excelitas Technologies Corp. 45.3.17 Marktech Optoelectronics 45.3.18 Ushio America, Inc. 45.3.19 TE Connectivity 45.3.20 Würth Elektronik GmbH & Co. KG 45.3.21 Diodes Incorporated 45.3.22 ON Semiconductor 45.3.23 Qorvo 45.3.24 STMicroelectronics 45.3.25 Maxim Integrated 45.3.26 Semtech 45.3.27 AVX Corporation 45.3.28 Sanken Electric Co., Ltd. 45.3.29 GeneSiC Semiconductor 45.3.30 Bright Light Systems 46. Primary Key Insights

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