Yole presents its vision of the IR light source market with a report titled IR LEDs & Lasers: technology, applications & industry trends. Under this market & technology analysis, Yole’s analysts focus on solid-state lighting technologies and offer an in-depth analysis of all IR light source applications.They project 3D imaging, gas sensing and autofocus will fuel the IR light source market. Additionally, the More than Moore market research and strategy consulting company announces a US$1.5 billion opportunity in 2022 in multiple applications and potentially US3.8 billion in 2027.
“Some applications will generate large revenues and strong growth rates during the next 5 years”, explains Pars Mukish, Business Unit Manager at Yole. “Some others such as gas sensors, eye tracking systems or gesture recognition systems are just emerging and expected to boom in the next 10 years.” For more information, CLICK HERE.