Infrared LED Market Size, Industry Trends & Share Analysis Report 2031
Market Scope and Growth Drivers The Infrared LED Market Size was valued at USD 587.6 million in 2023, is poised for robust growth, projected to escalate to USD 1795 million by 2031, reflecting a notable compound annual growth rate (CAGR) of 16.5% over the forecast period from 2024 to 2031. Several key factors are driving this significant expansion. First, the increasing...
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