From Technologies to Market

Sample

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IR LEDs and VCSELs -

Technology, Application and Industry Trends

2

A better comprehension of forces driving the IR light source market, technology and industry!

At short, middle… but also long term!

• UNDERSTAND GLOBAL LANDSCAPE RELATED TO IR LEDS AND LASERS!

• REVIEW ALL APPLICATIONS OF IR LEDS AND LASERS, WITH INSIGHTS ON PRINCIPLE,TECHNOLOGY,TECHNICAL REQUIREMENTS,TRENDS, KEY PLAYERS (…)!

• Detailed technical and market analysis of IR LED and laser applications, with in-depth analysis ofemerging applications!

• ANALYZE IR LED AND LASER LIGHT SOURCES (TECHNOLOGY, INDUSTRY...), AND THEIRINTEGRATION INTO SENSORS / MODULES!

• ANALYZE IR LIGHT SOURCES MARKET FORECAST (2010 - 2022), WITH INSIGHTS ON 2023 -2027 TREND!

• Detailed analysis per light source (IR LEDs and IR lasers)!

• ANALYZE IR SYSTEMS ROADMAP AND IMPACTS ON IR LIGHT SOURCE MARKET ANDINDUSTRY!

OBJECTIVES OF THE REPORT

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REPORT METHODOLOGY

Market segmentation methodology

Market forecast methodology

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REPORT METHODOLOGY

Technology analysis methodology Information collection

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o OBJECTIVES OF THE REPORT P5

o AUTHORS OF THE REPORT P6

o GLOSSARY P7

o EXECUTIVE SUMMARY P8

o STATUS OF THE LED INDUSTRY AND RECENT TRENDS P40

• Status of the LED industry

• History of the visible LED industry

• Market landscape

• Industrial landscape

• Key highlights

• 2015 & 2016 in a nutshell

• Future trends

• LED market trends

• Displays

• General lighting

• Recent trends in the LED industry

• Overview

• Application diversification - Automotive lighting

• Product diversification (Level 2) - UV LEDs

• Conclusion

o PRELIMINARY DEFINITIONS AND PRINCIPLES P54

• IR laser diodes - Taxonomy used in the report

• Incoherent light vs. Coherent light

• Modulation of light

• Structured light

• Time of Flight (ToF)

• Introduction

• 3D time-of-flight arrays

• Trends

• Shutter - Global shutter vs. Rolling shutter

o IR LED / LASER LANDSCAPE P65

• From IR lamps to IR LEDs / lasers

• Classification of IR wavelengths

• Overview of IR light sources

• IR lamps - Overview of applications

• IR LEDs / lasers - Definition & History

• IR lamps vs. IR LEDs / lasers - From new light sources to new applications

• Timeline of applications for IR LEDs / lasers

• Classification of IR LED / laser applications

• Classification by wavelength - Global analysis

• Classification by wavelength and market segment - Focus on NIR

• Classification by function

• Introduction

• Segmentation matrix

• Global analysis

• Focus on Detection

• Classification by light source

• Classification by package type

o IR LED / LASER MARKET P86

• Synthesis by application

• IR light source (LED and Laser Diode) market

• Market volume (Munits)

• Split by application

• Relative share by application

• Market revenue ($M)

• Split by application

• Relative share by application

• Market volume (Munits) and revenue ($M) - Split by wavelength

• Market volume (Munits) and revenue ($M) - Split by light source

• Market shares by light source - 2017 vs. 2022

TABLE OF CONTENT (1/3)

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o IR LED / LASER MARKET P86

• IR LED market

• Market volume (Munits) - Split by application

• Market revenue ($M) - Split by application

• Market volume (Munits) and revenue ($M) - Split by package power

• Market volume (Munits) and revenue ($M) - Split by package type

• IR laser diode market

• Market volume (Munits) and revenue ($M) - Split by application

• Market volume (Munits) and revenue ($M) - Split by laser type

• 10 years trend

• 2017 - 2022 growth trends for high volume applications

• 2017 - 2022 growth trends for high revenue applications

• 2017 - 2022 relative growth of major applications

• New applications

• 2017 - 2027 IR light source (LED and laser diode) market revenue trend

o IR LED / LASER APPLICATIONS P119

• Introduction

• High value applications vs. Low value applications

• The case of optical communication

• High value applications (1/2)

• Horticultural lighting

• Proximity sensors

• Blood Pressure sensors

• Blood Glucose monitors

• LIDAR

• Autofocus systems

• Gas sensors

• Surveillance cameras

• Biometric sensors / Vein recognition

• Biometric sensors / Iris Recognition

• Biometric sensors / Face recognition

• Number plate recognition systems

• High value applications (2/2)

• Night vision systems

• Driver monitoring systems

• Eye tracking systems

• Gesture recognition systems

• Machine vision systems

• Spectroscopy systems

• 3D cameras / imaging

• Low value applications

• Remote control

• Movie pirating

• Tilt sensors

• Blind spot sensors

• Traffic pre-emption systems

• Smoke detectors

• Photo interrupters

• Pulse oximeters

• Heart rate sensors

• Adaptive cruise control systems

• Rain sensors

• Lane departure warning systems

• Touch screen displays

• Occupancy sensors

o IR SYSTEMS ROADMAP P226

• Smartphone

• IR LED / IR laser systems and players in smartphones

• Roadmap - Increasing functionalities in smartphones

• Roadmap - Evolution of sensors in smartphones

• Future of smartphones - 3D camera / Iris & Gesture recognition / Spectroscopy

TABLE OF CONTENT (2/3)

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o IR SYSTEMS ROADMAP P226

• Automotive

• IR LED / IR laser systems and players in automotive

• Roadmap - Increasing functionalities in automotive

• Future of automotive - 3D camera / Iris recognition / Gesture recognition

• Gas sensing

• IR LED / IR laser systems in gas sensors (1/2)

• Roadmap - Technology for portable system - MOS vs. NDIR

• Roadmap - Miniaturization aspects - Case of eLichens Optical MEMS sensors

• Future of gas sensing - Reduced power consumption / Increased lifetime / (…)

• 3D imaging / sensing

• Consumer - Overview of front 3D ToF camera opportunities

• Consumer - 3D ToF for video call and morphing

• Consumer - 3D ToF imaging for biometry

• Consumer - Google Tango project (1/2)

• Consumer - Application using structured light principle

• Roadmap - Consumer - Comparison of 3D imaging technologies

• Roadmap - Medical - Optical Coherence Tomography (OCT) (1/2)

• Future of 3D imaging / sensing

o IR LED / LASER LIGHT SOURCES P255

• IR LEDs

• Introduction - Status of the LED industry

• Key manufacturers

• Manufacturing process

• Focus on substrate and active layer

• Focus on epitaxy / chip manufacturing

• Focus on packaging

• Key challenges

• IR laser diodes

• EEL and SEL / VCSEL compared to LED

• Key manufacturers

• Key challenges

o INTEGRATION OF IR SOURCES IN PACKAGE P270

• Technology trends

• From optoelectronic to photonic

• Two different paths in integration - Smarter or smaller?

• System development - Complexity vs. Miniaturization

• Focus on smartphones

• Global trend

• Evolution of sensors quantity (2007 vs. 2021)

• Sensor fusion

• The case of proximity sensor

• The case of camera

• Focus on automotive

• Global trend

• Sensor fusion

• The case of autonomous vehicle

• Case studies

• Fujitsu Arrows NX F-04G iris authentication system

• Intel RealSense 3D camera module

• STMicroelectronics IR laser projector

• Lenovo Phab2Pro 3D Time of Flight (ToF) camera

• STMicroelectronics ToF proximity sensor in the Apple iPhone 7 Plus

• Consumer Physics SCiO spectrometer

• Industry trends

• Status of the (IR) photonic industry

• Key recent moves in the IR photonic industry

• Strategies behind

• The current positioning within the industry

• 2022 business opportunities - The case of 3D imaging in consumer and mobile

o CONCLUSION P297

o PRESENTATION OF YOLE DEVELOPPEMENT P300

TABLE OF CONTENT (3/3)

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Pars MUKISH (Business Unit Manager - Solid State Lighting & Display -Yole Développement)

• Pars MUKISH holds a master’s degree in Materials Science & Polymers from ITECH in France and a master’s degree inInnovation & Technology Management from EM Lyon, also in France. He works at Yole Développement, the "More than Moore"market research and strategy consulting company, as Senior Market and Technology Analyst in the fields of LED, OLED, LightingTechnologies, and Displays, carrying out technical, economic, and marketing analyses. In 2015, Pars was named Business UnitManager for Solid State Lighting and Display activities.

• Previously, he worked as Marketing Analyst and Techno-Economic Analyst for several years at CEA, a French research center.

Pierrick BOULAY (Market &Technology Analyst - LED/OLED and Lighting Systems -Yole Développement)

• Pierrick BOULAY works as a Market and Technology Analyst in the fields of LED, OLED, and Lighting Systems, carrying outtechnical, economic, and marketing analysis at Yole Développement, the "More than Moore" market research and strategyconsulting company. He has experience in LED lighting, including general and automotive lighting, and OLED lighting.

• Prior to Yole Développement, Pierrick worked in several R&D departments for LED lighting applications. He holds a master’sdegree in Electronics from ESEO in France.

AUTHORS OF THE REPORT

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

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Sample

10

Overview

RECENT TRENDS IN THE LED INDUSTRY

• General Lighting is no more a BLUE OCEAN due to strong price pressure and intense competition!

• In this depressed environment, several players have therefore decided to develop new strategies in order to differentiate frommainstream players and reap higher margin levels (through new relays of growth):

• As a consequence, most of the players of the industry are looking at new relay of growth and with different strategies:

• Product diversification (level 1) - What is beyond traditional package?

Towards new package types: chip on board (COB) LEDs, LED Filaments, flip chip (FC) LEDs and chip-scale package (CSP) LEDs.

• Application diversification - What is out of general lighting and display applications?

Towards niche applications: automotive lighting, horticultural lighting (…).

• Other players are developing totally disruptive strategies for new growth relays:

• Product diversification (level 2) - What is beyond visible LED?

Towards non-visible LEDs: UV LEDs and IR LEDs.

• Vertical integration - What is beyond visible LED chip and package?

Towards LED modules and LED system.

• Activity diversification - What is beyond LED?

Toward Power Electronics.

• In this field, MicroLEDs are also a hot topic following Apple’s acquisition of Luxvue.

New relays of growth are required for LED manufacturers to survive.

Players already looking at what is beyond visible LED (UV LED, IR LED…) and even what is beyond LED (Power Electronics…).

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Timeline of applications for IR LEDs / lasers

LANDSCAPE - FROM IR LAMPS TO IR LEDS / LASERS

• First developed applications were simple applications combining an IR LED and a photodetector to produce an "ON" or "OFF"output signal like photo interrupters or smoke detectors.

• Other applications like LIDAR were developed using laser source for aero spatial and military applications. It took years to see thisapplication developed for consumer applications.

• The first big consumer applications using IR LED was the remote control one (in the 1980s), followed by surveillancecamera with night vision (in the 1990s - following the development of image sensors).

• Nowadays, development of new / smart functionalities in smartphone, medical, automotive (…) and development ofbreakthrough devices / functions (i.e.: wearable, AR /VR) is driving IR LED / lasers towards new applications.

Strong market pull for IR LEDs / lasers!

Recent development of new / breakthrough applications / functionalities is driving the integration of IR light sources.

2010 and more1970 1980 1990 20001960

1961: Creation of

IR LED

1962: Creation of

IR laser

Timeline of

development

• Remote controls

• IR touch screen

displays

• Surveillance

camera with

night vision

• Adaptive cruise

control (ACC)

systems

• Automatic

number plate

recognition

systems

• Proximity

sensors

• Lane departure

warning systems

• Blind spot

detectors

• Laser autofocus

systems

• Eye tracking

• Gesture

recognition

systems

• Occupancy

detectors

• Driver

monitoring

systems

• (…)

• Photo interrupters

• Smoke detectors

• Pulse oximeters

• Traffic pre-

emption systems

TOWARD HIGH

VOLUME

APPLICATIONS

Timeline represent first R&D toward these applications

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Classification by function - Global analysis

LANDSCAPE - CLASSIFICATION OF IR LED / LASER APPLICATIONS

DATA TRANSFER EMISSION DETECTION

SENSING IMAGING

• Optical Communication • Remote Control (i.e.:

emitter side)

• XX

• Movie Pirating

• Proximity Sensor

• XX

• XX

• Traffic Pre-Emption Syst.

• XX

• XX

• Pulse Oximeter

• XX

• Blood Pressure Sensor

• XX

• XX

• XX

• LDW System

• XX

• XX

• XX

• Gas Sensor

• Surveillance Camera

• XX

• XX

• Biometric Sensor / Face

Recognition

• XX

• Occupancy Sensor

• XX

• Driver Monitoring Syst.

• XX

• XX

• XX

• XX

• XX

Applications:

Sub-functions:

Functions:

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IR LED / LASER MARKET - SYNTHESIS BY APPLICATION (4/5)

Application IR Light FunctionIR Light

SourceWavelength

Development

Status

2017 IR Light

Source Market

2022 IR Light

Source Market

CAGR

2017-2022Key Players1 Comments

Biometric

Sensors - Vein

Recognition

To use vascular

patterns as

identification data

IR LED 760nm XX $XXM $XXM +40.5% Hitachi, XX (…) XX

Biometric

Sensors - Iris

Recognition

To use patterns of

the iris as

identification data

IR LED

XXnm and

XXnm, or

XXnm only

Commercialized $XXM $XXM +XX%

Fujitsu, XX, XX,

XX (…) Iris recognition and face recognition are

likely to be integrated in the same device

(using same IR light) for volume

applications (such as smartphones), and

with development of mobile paymentsBiometric

Sensors - Face

Recognition

To use patterns of

the face as

identification data

XX, Suprema, XX

(…)

Number Plate

Recognition

Systems

To automatically

identify number

plates

IR LED850nm or

940nmCommercialized $0.7M $1.7M +20.1%

XX, Pelco ,

XX(…)

Fast growth in US and China -

Moderated growth in Europe which is

more mature (i.e.: technology already

adopted since a long time)

Occupancy

Sensors

To detect and classify

seat occupant

XX

XXXXnm R&D No Market $XXM (Total) NA Hamamatsu (…) XX

Night Vision

Systems

To enable low light

or night vision

IR LED

IR EELXXnm Commercialized $XXM $XXM +4.5% XX, Autoliv (…)

FIR is preferred nowadays - Fusion with

NIR was introduced, allowing for

detection of pedestrian - But this could

be replaced by LIDAR

Driver Monitoring

Systems

To enables gaze

target recognition,

drowsiness

classification (…)

IR LEDXXnm or

XXnmCommercialized $XXM $XXM +4.8%

Morpho, XX,

Harman (…)

Today, mostly used for DFW and sell as

high-end option - Fast growth expected

with the development of autonomous

cars

1. Sensor / Module / System Level ©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

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IR blasters in smartphones, tablets and smartwatches

REMOTE CONTROL

IR Blaster

Smartphones Tablets Smartwatch

• Samsung Gear

• Samsung Gear 2

Samsung Gear 2 with WatchON

Remote application

(Source: Samsung)

• Samsung - Galaxy

S6

• LG - G5

• HTC - One M9+

• ZTE - Nubia Z11

• Oppo - Mirror 5s

• Sony - Xperia Z

• Honor - 8

• Huawei - P9 plus

• Xiaomi - Max

• Ulefone - Power

• Lenovo - Vibe X3

• Panasonic - P55

Novo

• Letv - LeMax

Oppo smartphone with remote application

(Source: Oppo)

• Motorola -

Xyboard

• Sony - Xperia Z2

Tablet

• Samsung - Galaxy

Tab 4 7.0

• LG - G Pad X 8.0

• Medion - Lifetab

• Mobicel - Cherry

LG G Pad with remote control application

(Source: LG)

EMISSION

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Characteristics:

• This application uses IR LEDs with a peak sensitivity wavelength at 940nm.

• As proximity sensor are used in smartphones, proximity sensor manufacturers need to use low profileIR LEDs.

• Thickness of IR LED is ~1mm.

• Radiant intensity is low (~2mW/sr) because the user will be detected at a few centimeters from thesmartphone.

• This technology is low cost and has a low power consumption (10 - 50mA).

Trends:

• Smartphone integrate different types of sensors, such as:

• An Ambient Light Sensor (ALS) to automatically adjust backlight of the screen.

• A proximity sensor to turn off the display.

• A RGB sensor that have the ability to sense each RGB component of light.

• Current trend is to include more functions in a single package to decrease total OEM integrationprocess and cost, and decrease the form factor of the sensor (Toward Sensor Fusion).

• Today, most of the products have a 2-in-1 or a 3-in-1 package.

• New development would include other functions in this package like gesture detection (…).

• Such trend (i.e.: sensor fusion) will also push for VCSEL technology to have proximity sensing +gesture recognition functions for example (…).

• Some proximity sensors already integrate an IRVCSEL in commercial products.

Analysis (3/3)

PROXIMITY SENSORS

Discrete sensor

ALS/proximity sensor

2-in-1 sensor

ALS + proximity sensor

OR

Proximity sensor + LED

3-in-1 sensor or

« module »

ALS + proximity

sensor + IR LED

DETECTION /

SENSING

PHOTODIODE

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Synthesis (description, requirements, market insights…)

BLOOD GLUCOSE MONITORS

DESCRIPTION:

• Blood glucose monitors are used to measure the amount of glucose in blood, especially for patients

with symptoms of abnormally high (hyperglycaemia) or low (hypoglycaemia) blood glucose levels.

ASSOCIATED COMPONENTS:

• Photodiode

• Data processing

MARKET INSIGHTS:

• Development status: XX - XX

• Competitive technologies: Invasive glucometer with a blood

drop

• Cost aspects: Non Available

• Challenges:To provide an accurate and reliable measurement.

• Trends: Emerging - Allow for non-invasive sensing - Research are

focused on non invasive methods - Not adapted yet to clinical

settings

PLAYERS:

• Cnoga Medical (…)

IR LIGHT SOURCE TYPE:

• IR LED

MARKET FORECAST:

• 2017 IR Light Source Market: $XXM

• 2022 IR Light Source Market: $XXM

• CAGR 2017-2022: +171%

TECHNICAL REQUIREMENTS:

• Wavelength: XXnm (NIR)

• Optic: Narrow beam angle

• Other: XX

DETECTION /

SENSING

PHOTODIODE +

DATA PROCESSING

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Total market revenue ($M) - Split by application (1/2)

IR LIGHT SOURCE MARKET (LED AND LASER DIODE)

IR light source market is expected to grow from ~$XXM in 2017 to ~$XXM in 2022!

CAGR 2017 -2022 = 19%

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2017 - 2022 relative growth of major applications

10 YEARS TREND

Some applications will generate large revenues and strong growth rates during the next 5 years… But some others (like XX, XX or XX) are just emerging and expected to boom in the next 10 years.

MARKET THAT WILL BOOM DURING THE

2022 - 2027 PERIOD

Market that will boom

during the 2017 - 2022

period

2022

Market

($M)

CAGR 2017-2022

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IR LED / IR laser systems and players in smartphones

IR SYSTEMS ROADMAP - SMARTPHONE

XX and 3D imaging represent the next value proposition in smartphones.

INTERFACE

SECURITY

ENVIRONMENT

OPTICAL

XX

AUTOFOCUS

XX

EYE / IRIS

RECOGNITION

XX

PROXIMITY SENSOR

XX

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Roadmap - Increasing functionalities in smartphones

IR SYSTEMS ROADMAP - SMARTPHONE

• Since few years, many functionalities using IR light sources were developed in smartphones.

• Applications are no longer basic like proximity sensor using a simple photodetector combined with an IR LED. Newapplications are more complex now using data processing and new light sources like laser diode and / orVCSEL.

©2017 | www.yole.fr | IR LEDs and Lasers | SAMPLE

A proliferation of functions using different type of IR based sensors.

Screen Turn Off (during phone call)

XX & XX

PROXIMITY

SENSOR

XXXX

XX

3D CAMERA

XX

XX

XX

XX

Enhanced Communication

Gaming & 3D Avatar

Gas Detect.LEGEND:Market introduction Market acceptance

XX

21

Future of 3D imaging / sensing

IR SYSTEMS ROADMAP - 3D IMAGING / SENSING

Towards the increasing importance of the tandem: Sensor + Illumination!

And several opportunities have not yet emerged for XX.

1960 2000 2020 2030 2035

Technology

X

Market footprint

5 years10 years20 years40 years

2D imaging

luminance 3D imaging

depth

beyond

Visible &

NIR

Time of flight XX XX

Acceleration -The speed of “technology change” doubles every technology shift

Active sensing requiring structured light or ToF sensor!

There’s a huge need for IR illumination working closely with the sensor!

Stereo XX Event-based Hyperspectral

XX and XX

imaging

should create

more

opportunities

for IR

illumination!

Opportunities

not existing

yet!

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Two different paths in integration - Smarter or smaller?

INTEGRATION OF IR SOURCES IN PACKAGE - TRENDS

• As mentioned previously, there is an increasing market interest for photonic devices, sensors and modules in a wide rangeof applications (including consumer, automotive, medical and industrial).

• For example, LIDARs are becoming essential elements for autonomous driving, non-dispersive IR sensors are enabling highsensitivity gas detection in portable applications, Time of Flight (ToF) technologies make gesture recognition possible (…).

• All these technologies have in common the fact that they combine in a single package a light source (LED, laser diode…), adetector and a data processing unit.

• While some companies focus on developing smaller and smaller devices (i.e.: miniaturization trend), others prefer to go intoanother direction Integrating more functions in the package or module.

• Winners are the ones who will be able to merge both approaches More functions in a reduced package / module!Smarter or smaller? Two different paths in integration.

Strategies in the optical

sensor industry

SMALLER

SM

AR

TE

R

SWEET SPOT!

Note that ams has acquired Heptagon in 2016

to get access to “light management”

competences and become “smarter” in optical

sensing. Also, in 2017, ams has acquired

Princeton Optronics (VCSEL manufacturers) to

get access to “light source” competences and

is now “fully” integrated.

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System development - Complexity vs. Miniaturization

INTEGRATION OF IR SOURCES IN PACKAGE - TRENDS

Smartphone and automotive applications need more and more complex and miniaturized systems!

XX and XX are also driving this trend!

BASIC / DUMB

LOW

MINIATURIZATION

ANPR

Movie Pirating

Remote Controls

Surveillance

Cameras

Horticulture

Lighting

TOWARD XX AND XX APPLICATIONS

Time

Applications driven by XX at the sensor /

module level

Basic applications requiring few

development at the sensor / module level

Applications driven by XX at the sensor /

module level

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Fujitsu Arrows NX F-04G iris authentication system

INTEGRATION OF IR SOURCES IN PACKAGE - CASE STUDIES

Fujitsu Arrows NX F-04G The first smartphone with iris recognition function!

IR LED cross section

(Source: System Plus

Consulting)

IR camera module

cross section

(Source: System Plus

Consulting)

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

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Current companies’ positioning within the industry (non exhaustive)

INTEGRATION OF IR SOURCES IN PACKAGE - TRENDS

Each player will have to find its position, added-value and related product portfolio / structure!

1. But no offer yet!

PositioningIlluminationSensor /

DetectorPackaging

Data

ProcessingOptic

FULLY INTEGRATED - No offer yet

ams

STMicro. STMicrolectronics

Sony

Largan

EM Marin

Goertek

Epistar

Hamamatsu

HETEROGENEOUS INTEGRATOR

Jabil

FULL SOLUTION PROVIDER

SENSOR / MODULE PROVIDER

SPECIALIST

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

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2022 business opportunities - The case of 3D imaging in consumer and mobile

INTEGRATION OF IR SOURCES IN PACKAGE - TRENDS

Consumer ecosystem for 3D imaging and sensing

XX

Optical Lens

Software

3D Camera Module

~$XXB opportunity

in 2022

Illumination

~$XXB opportunity

in 2022

~$XXB opportunity

in 2022

XX

~$XXB opportunity

in 2022

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

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RELATED REPORTS

Discover more related reports within our bundles here.

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

The market for LED and laser infra-red (IR) light sources is not new, but has evolved rapidly with the recent development of Solid State Lighting (SSL). Initially developed for optical communication applications, these technologies, mostly IR LEDs, started to be integrated into consumer applications like remote controls in the 1980s. Next, the market was driven forward by night vision applications such as surveillance cameras. But it’s only recently, with the development of smartphones, that IR LEDs and lasers have come back to prominence. And now, the market is set for growth for the next 10 years!

Today, these technologies are part of a new revolution, still driven by smartphone applications. Integration of breakthrough functionalities such as 3D imaging, autofocus, iris and face recognition is triggering a strong market pull for efficient, miniaturized and complex IR illumination. This trend will also create strong market opportunities for IR lasers, mostly VCSELs, which allow more coherent and directional light than IR LEDs. In this context, we expect the IR light source market to grow from around $450M in 2016 to around $1,550M in 2022 at a compound annual growth rate of 22.7%.

In addition, there are also several other applications that are emerging and for which a market boom is likely to happen in the next 10 years. These include gas sensors, LIDARs, driver monitoring systems and remote patient monitoring sensors. We expect this second wave of new applications to propel the IR light source market to around $3,800M in 2027.

This report provides an in-depth analysis of all IR light source applications, including: basic

principles, technology, trends, key players, and market size. It highlights the global landscape for IR light sources, including classification of applications by wavelength, market segment and function. Detailed market forecasts are given based on these classifications and with complementary analysis by light source for LEDs, edge-emitting lasers and VCSELs. Please note that optical communication applications are not analyzed in this report.

IR LEDS AND VCSELs - TECHNOLOGY, APPLICATIONS AND INDUSTRY TRENDS Market & Technology report - April 2017

INFRA-RED LIGHT SOURCES: A $1.5B OPPORTUNITY IN 2022 – AND POTENTIALLY $3.8B IN 2027 – DRIVEN BY SEVERAL NEW APPLICATIONS

3D imaging, gas sensing and autofocus will fuel the IR light source market to reach US$3.8B in 2027.

KEY FEATURES OF THE REPORT Get the sample of the report on www.i-Micronews.com• Detailed technical and market

analysis of IR LED and laser applications, with in-depth analysis of emerging applications

• Analysis of IR system roadmap• Analysis of IR LED and laser light

sources including the technology and industry, and their integration into sensors and modules

• IR LED and laser market forecast from 2010-2022, with insights on trends for 2023-2027

OBJECTIVES OF THE REPORTThe objectives of the report are to:• Understand the overall landscape

related to IR LEDs and lasers • Review all applications of IR LEDs

and lasers, with insights into basic principles, technology, technical requirements, trends and key players

• Analyze the IR system roadmap and its impacts on IR light source market volume and revenue

• Analyze technology and industrial trends related to integration of IR illumination into sensors and modules

(Yole Développement, April 2017)

2017 to 2027 IR light source market forecast ($M)

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Other applications

2023-2027 trends

Surveillancecameras

Machine visionsystems

Proximity sensors

Emergingapplications(3D cameras,autofocus systems,gas sensors…)

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

• 3D Imaging and Sensing 2017• Gas Sensor Technology and Market

2016• Sensors for Cellphones and Tablets 2016• Sensors and Data Management for

Autonomous Vehicles 2015

RELATED REPORTSBenefit from our Bundle & Annual Subscription offers and access our analyses at the best available price and with great advantages

Find all our reports on www.i-micronews.com

VCSEL TECHNOLOGY WILL BE AT THE HEART OF THE INDUSTRY IN COMING YEARS

In a depressed visible LED industry, manufacturers are looking at new opportunities to increase their revenues and margins. In this context, the IR LED market is

perceived as a potential new ‘blue ocean’ with attractive opportunities for those players. In the past, only a handful of companies were involved in IR LEDs but, as of Q1 2017, there

IR LEDS AND VCSELs - TECHNOLOGY, APPLICATIONS AND INDUSTRY TRENDS

EVERYTHING IS HAPPENING IN PHOTONIC PACKAGING! WE ARE AT THE EVE OF AN INDUSTRIAL RESTRUCTURING...

For a few years there has been an increasing interest in photonic devices, sensors and modules including systems with IR illumination in a wide range of applications such as consumer, automotive and medical. However, photonic is radically different from electronic when it comes to packaging and integration, and has its own challenges.

Today, there is no “structured” photonic supply

chain or industry, and different strategies are starting to emerge to catch the maximum value of this high potential market. Should there be smarter devices? Smaller devices? This will soon be a multi-billion dollar industry. And, depending on current positioning and attraction toward this emerging market, each player may have different strategies to capitalise on it. For example, ams, through the acquisition of Heptagon and Princeton Optronics, is now fully vertically integrated. Recent rumors that STMicroelectronics’s single photon avalanche diode (SPAD) imager is likely to be linked to the iPhone 8 highlights that the company is enforcing its position of heterogeneous integrator as no clear standard approach or technology has emerged yet. Some players like the optics supplier Largan are betting on specialization.

Who will develop the right strategy? It’s too early to know. However, what is sure is that the industry is evolving. And those who don’t adapt accordingly might not be around to enjoy its lucrative-looking future.

This report analyzes integration of IR light sources into sensors and modules, detailing technology and industry trends based on case studies.

are more than 40 manufacturers. Osram and Vishay still lead the field but some players, like Everlight or Epistar, have made large investments to benefit from this opportunity.

While LEDs are important, VCSEL technology is the really hot topic. IR LEDs represented around 65% of the IR light source market in 2016, but this figure is likely to decrease to 45% in 2022. Development of 3D cameras and autofocus applications, associated with the sensor fusion trend in smartphones and automotive, will strongly drive growth of the IR VCSEL market in the future. The main advantage of this emerging technology is that it represents a good compromise between traditional laser diodes,

providing coherent and directional light, and IR LEDs, offering lower manufacturing cost and ease of integration. Additionally, IR VCSELs allow new sensing approaches, such as Time of Flight (ToF). In this context, the IR VCSEL industry will be at the center of the attention and should experience strong growth in coming years. It is also likely that some players will work on both IR LEDs and lasers to maximize their revenues.

Opportunities for both technologies will also be dependent on developments to overcome current limitations, towards longer wavelengths, higher performance, multi-spectral functionality and lower cost. Typically, most current IR LEDs are in the 850nm or 940nm range. To enable emerging applications such as gas sensors or portable/integrated spectroscopy systems, longer wavelengths will be mandatory.

Last but not least, integration of these light sources into sensors and modules will also be part of the challenge to be handled by the photonic industry.

This report presents an analysis of IR LEDs and VCSELs, including a map of manufacturers, insights on manufacturing processes and technology, current limitations and challenges. It also describes IR system roadmaps in key markets segment such as smartphones and automotive.

IR light sources market shares - 2016 vs 2022

Current positioning of some players in the photonic industry

(Yole Développement, April 2017)

(Yole Développement, April 2017)

IR LED 45%

EEL 7%

VCSEL 48%

2022 IR light sources market shares

IR LED 65%

EEL 14%

VCSEL 21%

2016 IR light sources market shares

Over a total market size of $450M Over a total market size of $1,550M

Positioning Illumination Sensor / Detector

Packaging Data Processing Optic

FULLY INTEGRATED - No offer yet

ams

STMicro . STMicrolectronics

Sony

Largan

EM Marin

Goertek

Osram

Hamamatsu

HETEROGENEOUS INTEGRATOR

Jabil

FULL SOLUTION PROVIDER

SENSOR / MODULE PROVIDER

SPECIALIST Each player will have to find its position and

product portfolio / structure!

COMPANIES CITED IN THE REPORT (non exhaustive list)Alpha Sense, ams, Apple, Autoliv, Avago, Bosch, Bridgelux, Cambridge CMOS Sensor, Chronocam, Coherent, Continental, Delta ID, Epistar, Everlight, Excelitas, Finisar, Fujitsu, GSS, Hamamatsu, Harman, Hella, Heptagon, Hitachi, Infineon, Intel, IPG Photonic, Iritech, LG, Luminus Devices, Morpho, Nonin, Omnivision, Osram, Panasonic, Philips Photonic, pmd, Primesense, Princeton Optronics, Quanergy, Rohm, Samsung, Sharp, SMI Vision, SoftKinetic, Sony, STMicroelectronics, Stanley, Sumitomo Electric, Tobii, Valeo, Velodyne, Vishay...

Find more details about

this report here:

MARKET & TECHNOLOGY REPORT

Status of the LED industry and recent trends 40

> Status of the LED industry - History of the visible LED industry - 2015 and 2016 in a nutshell - Future trends - LED market trends> Recent trends in the LED industry - Application diversification - Automotive lighting - Product diversification - UV LEDs

Preliminary definitions and principles 54

> IR laser diodes - Taxonomy used in the report > Incoherent light vs. Coherent light> Modulation of light> Structured light> Time of Flight (ToF) - 3D time-of-flight arrays - Trends> Shutter - Global shutter vs. Rolling shutter

IR LED/Laser landscape 65

> From IR lamps to IR LEDs/lasers - Classification of IR wavelengths - Overview of IR light sources - IR lamps - Overview of applications - IR LEDs/lasers - Definition and history - IR lamps vs. IR LEDs/lasers - From new light

sources to new applications - Timeline of applications for IR LEDs/lasers> Classification of IR LED/laser applications - Classification by wavelength - Overall

analysis - Classification by wavelength and market

segment - Focus on NIR - Classification by function - Classification by light source - Classification by package type

IR LED/Laser Market 86

> Synthesis by application > IR LED and laser diode market - Market volume (Munits) - Market revenue ($M) - Market volume (Munits) and revenue ($M) -

Split by wavelength and by light source - Market shares by light source - 2017 vs. 2022> IR LED market - Market volume (Munits and $M) - By application - Market volume (Munits) and revenue ($M) -

Split by package power and package type> IR laser diode market - Market volume (Munits) and revenue ($M) -

Split by application and by laser type> 10-year trend - 2017-2022 growth trends for high volume

applications - 2017-2022 relative growth of major

applications - New applications - 2017-2027 IR LED and laser diode market

revenue trend

IR LED/laser applications 119

> Introduction - High value applications vs. Low value

applications - The case of optical communication> High value applications - Horticultural lighting - Proximity sensors - Blood pressure sensors - Blood glucose monitors - LIDAR - Autofocus systems - Gas sensors - Surveillance cameras - Biometric sensors: Vein recognition - Biometric sensors: Iris recognition - Biometric sensors: Face recognition - Number plate recognition systems - Night vision systems - Driver monitoring systems

- Eye tracking systems - Gesture recognition systems - Machine vision systems - Spectroscopy systems - 3D cameras and imaging> Low value applications - Remote control - Movie pirating prevention - Tilt sensors - Blind spot sensors - Traffic pre-emption systems - Smoke detectors - Photo interrupters - Pulse oximeters - Heart rate sensors - Adaptive cruise control systems - Rain sensors - Lane departure warning systems - Touch screen displays - Occupancy sensors

IR systems roadmap 226

> Smartphones - IR LED/IR laser systems and players - Roadmap - Increasing functionality in

smartphones - Roadmap - Evolution of sensors in smartphones - Future of smartphones - 3D camera/Iris and

Gesture recognition/Spectroscopy> Automotive - IR LED/IR laser systems and players - Roadmap - Increasing functionality in

automotive - Future of automotive - 3D camera/Iris

recognition/Gesture recognition> Gas sensing - IR LED/IR laser systems in gas sensors - Roadmap - Technology for portable system -

MOS vs. NDIR - Roadmap - Miniaturization aspects - Case of

eLichens Optical MEMS sensors - Future of gas sensing - Reduced power

consumption/Increased lifetime> 3D imaging and sensing - Consumer - Overview of front 3D ToF

camera opportunities - Consumer - 3D ToF for video call and

morphing - Consumer - 3D ToF imaging for biometry - Consumer - Google Tango project - Consumer - Application using structured

light principle - Roadmap - Consumer - Comparison of 3D

imaging technologies - Roadmap - Medical - Optical Coherence

Tomography (OCT) - Future of 3D imaging and sensing

IR LED and laser light sources 255

> IR LEDs - Key manufacturers - Manufacturing process - Key challenges > IR laser diodes - EEL and SEL/VCSEL compared to LEDs - Key manufacturers - Key challenges

Integration of IR sources in packages 270

> Technology trends - From optoelectronic to photonic - Two different paths in integration - Smarter

or smaller? - System development - Complexity vs.

Miniaturization - Focus on smartphones - Focus on automotive> Case studies (i.e.: reverse engineering analysis

from System Plus Consulting) > Industry trends - Photonic in package

Conclusion 297

TABLE OF CONTENTS (complete content on i-Micronews.com)

AUTHORS

Pierrick Boulay works as Market and Technology Analyst in the f ields of LED, OLED and lighting systems, doing technical, economic and marketing analysis at Yole Développement, the “More than Moore” market research and strategy consulting company. He has experience in both LED lighting, including general lighting and automotive lighting, and OLED lighting. In the past, he mostly worked in R&D depar tments for LED lighting applications. Pierrick holds a master degree in Electronics from ESEO in France.

Pars Mukish holds a master’s degree in materials science and polymers from ITECH in France and a master’s degree in innovation and technology management from EM Lyon in France. Since 2015, Mukish has taken on responsibility for developing LED, OLED and sapphire activities as Business Unit Manager at Yole Développement. Previously, he worked as Marketing Analyst and Techno-Economic Analyst for several years at the French Research Center, CEA.

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Founded in 1998, Yole Développement has grown to become a group of companies providing marketing, technology and strategy consulting, media and corporate finance services. With a strong focus on emerging applications using silicon and/or micro manufacturing, the Yole Développement group has expanded to include more than 50 collaborators worldwide covering MEMS, Compound Semiconductors, LED, Displays, Image Sensors, Optoelectronics, Microfluidics & Medical, Advanced Packaging, Manufacturing, Nanomaterials, Power Electronics and Batteries & Energy Management. The “More than Moore” company Yole and its partners System Plus Consulting, Blumorpho, KnowMade and PISEO support industrial companies, investors and R&D organizations worldwide to help them understand markets and follow technology trends to develop their business.

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ORDER FORMIR LEDS and VCSELs - Technology, Applications and Industry Trends

© 2017

From Technologies to Market

Yole Développement

With Focus on Solid State Lighting

(LED, OLED…) and Display Activities

FromTechnologies to Market

29

Yole DéveloppementFromTechnologies to Market

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

30

Our 30 analysts operate in the following areas.

FIELDS OF EXPERTISE

Compound Semi.

Imaging

Photonics

Batteries/Energy Management

Power Electronics

Displays

Solid State Lighting

(LED, OLED…)

Advanced Packaging

MEMS & Sensors

RF (Devices & Technologies)

Advanced Substrates

MedTech

Manufacturing

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

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4 BUSINESS MODELS

o Consulting and Analysis

• Market data & research, marketing analysis

• Technology analysis

• Strategy consulting

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• Cost simulation tool

www.i-Micronews.com/reports

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• i-Micronews.com website

• @Micronews e-newsletter

• Communication & webcast services

• Events

www.i-Micronews.com

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

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A GROUP OF COMPANIES

Market, technology

and strategy

consulting

www.yole.fr

Manufacturing costs analysis

Teardown and reverse engineering

Cost simulation toolswww.systemplus.fr

IP analysis

Patent assessmentwww.knowmade.fr

Innovation & Business maker

www.bmorpho.com

M&A operations

Due diligenceswww.yolefinance.com

Test & Measurement

Expertise

Research & Innovationwww.piseo.fr

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OUR GLOBAL ACTIVITY

30%of our business

40%of our business 30%

of our business

Yole Inc.

Greater

China office

Yole Japan

HQ in Lyon

Nantes

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Nice

Vénissieux

Europe office

Frankfurt

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Phoenix

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Seoul

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RESEARCH PRODUCTS - CONTENT COMPARISON

Custom analysis scope is defined with

you to meet your information and

budget needs

Breadth of the analysis

Dep

th o

f th

e a

naly

sis

Custom

Analysis

Workshops

Standard Reports

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

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Integrators and

end-users

Device

makers

Suppliers: material,

equipment, OSAT,

foundries…

Financial investors,

R&D centers

Our analysts provide market analysis, technology evaluation, and business plan along the entire supply chain.

SERVING THE ENTIRE SUPPLY CHAIN

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We are working accrossmultiples industries to understand the impact of More-than-Moore technologies from device to system.

SERVING MULTIPLE INDUSTRIAL FIELDS

From A to Z…

Transportation

makers

Mobile phone

and consumer

electronics

Automotive

Medical

systemsIndustrial and

defense

Energy

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REPORTS COLLECTION

o Yole Développement publishes a comprehensive collection of market & technology reports and patent analysis in:

• MEMS & Sensors

• RF devices & technologies

• Imaging

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• Advanced packaging

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• Batteries and Energy management

• Compound semiconductors

• LED

• Displays

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The combined team of 50+ experts (PhDs, MBAs, industry veterans…) from Yole Développement, System Plus Consulting and KnowMade, collect information, identifythe trends, the challenges, the emerging markets, the competitive environments and turn it into results to give you a complete picture of your industry landscape.

In the past 18 years, we worked on more than 1 500 projects, interacting with technology professional and high level opinion makers from the main players of theindustry.

o Every year, Yole Développement, System Plus Consulting and Knowmade publish +120 reports. Gain full benefit from our Bundle and Annual Subscription offers.

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OUR 2017 REPORTS PLANNING (1/2)

MARKET AND TECHNOLOGY REPORTS by Yole Développement

o MEMS & SENSORS

− Fingerprint Sensor Applications and Technologies - Consumer Market Focus 2017

− MEMS Microphones, Speakers and Audio Solutions 2017

− Status of the MEMS Industry 2017

− MEMS & Sensors for Automotive 2017

− High End Inertial Sensors for Defense and Industrial Applications 2017

− Sensor Modules for Smart Building 2017

− Sensing and Display for AR/VR/MR 2017 (Vol 1)

− MEMS Packaging 2017

− Magnetic Sensors Market and Technologies 2017**

− Microspectrometers Markets and Applications 2017**

o RF DEVICES AND TECHNOLOGIES

− RF Components and Modules for Cellphones 2017

− Advanced RF SiP for Cellphones 2017

− 5G and Beyond (Vol 1): Impact on RF Industry, from Infrastructure to Terminals

2017

− 5G and Beyond (Vol 2): RF Materials Platform, from Infrastructure to Terminals

2017

− RF Technologies for Automotive Applications 2017

− GaN and Si LDMOS Market and Technology Trends for RF Power 2017

o IMAGING & OPTOELECTRONICS

− 3D Imaging & Sensing 2017

− Status of the CMOS Image Sensor Industry 2017

− Camera Module for Consumer and Automotive Applications 2017

− Uncooled Infrared Imaging Technology & Market Trends 2017

− Active Imaging and Lidars 2017 (vol 1)

o MEDTECH

− Status of the Microfluidics Industry 2017

− Solid State Medical Imaging 2017

− Sensors for HomeCare 2017

− Sensors for Medical Robotics 2017

− Organs-on-a Chip 2017

o ADVANCED PACKAGING

− Advanced Substrates Overview 2017

− Status of the Advanced Packaging Industry 2017

− Fan Out Packaging: Market & Technology Trends 2017

− 3D Business Update: Market & Technology Trends 2017

− Advanced QFN: Market & Technology Trends 2017**

− Inspection and Metrology for Advanced Packaging Platform 2017**

− Advanced Packaging for Memories 2017

− Embedded Die Packaging: Technologies and Markets Trends 2017

o MANUFACTURING

− Glass Substrate Manufacturing 2017

− Equipment & Materials for Fan Out Technology 2017

− Equipment & Materials for 3D T(X)V Technology 2017

− Emerging Non Volatile Memories 2017

** To be confirmed

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

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OUR 2017 REPORTS PLANNING (2/2)

o POWER ELECTRONICS

− Status of Power Electronics Industry 2017

− Power Mosfets Market and Technology Trends 2017

− IGBT Market and Technology Trends 2017

− Power Packaging Market and Technology Trends 2017

− Power SiC 2017: Materials, Devices, and Applications

− Power GaN 2017: Materials, Devices, and Applications

− Materials Market Opportunities for Cellphone Thermal Management (Battery

Cooling, Fast Charging, Data Processing, Battery Cooling, etc.) 2017

− Gate Driver Market and Technology Trends in Power Electronics 2017

− Power Management ICs Market Quarterly Update 2017

− Power Electronics for Electrical Aircraft, Rail and Buses 2017

− Thermal Management for LED and Power 2017

o BATTERY AND ENERGY MANAGEMENT

− Status of Battery Industry for Stationary, Automotive and Consumer Applications

2017

o COMPOUND SEMICONDUCTORS

− Power SiC 2017: Materials, Devices, and Applications

− Power GaN 2017: Materials, Devices, and Applications

− GaN and Si LDMOS Market and Technology Trends for RF Power 2017

− Bulk GaN Technology Status and Market Expectations (Power, LED, Lasers) 2017

o DISPLAYS

− Microdisplays and MicroLEDs 2017

− Display for Augmented Reality, Virtual Reality and Mixed Reality 2017

− QD for Display Applications 2017

− Phosphors & Quantum Dots 2017 - LED Downconverters for Lighting & Displays

− Emerging Display Technologies 2017**

o SOLID STATE LIGHTING (LED, OLED…)

− UV LEDs 2017 - Technology, Manufacturing and Application Trends

− Agricultural Lighting 2017 - Technology, Industry and Market Trends

− Automotive Lighting 2017 - Technology, Industry and Market Trends

− Active Imaging and Lidar 2017 (Vol 2) - IR Lighting**

− LED Lighting Module 2017 - Technology, Industry and Market Trends

− IR LEDs 2017 - Technology, Manufacturing and Application Trends

− Phosphors & Quantum Dots 2017 - LED Downconverters for Lighting & Displays

− CSP LED Module 2017

− LED Packaging 2017

PATENT ANALYSIS by Knowmade

− 3D Monolithic Memory: Patent Landscape Analysis

− Microfluidic Diagnostic: Patent Landscape Analysis

− GaN Technology: Top-100 IP profiles**

− Uncooled Infrared Imaging: Patent Landscape Analysis**

− MEMS Microphone: Patent Landscape Analysis**

− MEMS Microphone: Knowles' Patent Portfolio Analysis**

− MicroLEDs: Patent Landscape Analysis**

− Microbolometer: Patents used in products**

− Micropumps: Patent Landscape Analysis**

− Flexible batteries: Patent Landscape Analysis**

TEARDOWN & REVERSE COSTING by System Plus Consulting More than 60 teardowns and reverse costing analysis and cost simulation tools to be

published in 2017.

** To be confirmed

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

40

OUR 2016 PUBLISHED REPORTS LIST (1/2)

MARKET AND TECHNOLOGY REPORTS by Yole Développement

o MEMS & SENSORS

− Gas Sensors Technology and Market 2016

− Status of the MEMs Industry 2016

− Sensors for Cellphones and Tablets 2016

− Market and Technology Trends of Inkjet Printheads 2016

− Sensors for Biometry and Recognition 2016

− Silicon Photonics 2016

o IMAGING & OPTOELECTRONICS

− Status of the CMOS Image Sensor Industry 2016

− Uncooled Infrared Imaging Technology & Market Trends 2016

− Imaging Technologies for Automotive 2016

− Sensors for Drones & Robots: Market Opportunities and Technology Evolution 2016

o MEDTECH

− BioMEMS 2016

− Point of Care Testing 2016: Application of Microfluidic Technologies

o ADVANCED PACKAGING

− Embedded Die Packaging: Technology and Market Trends 2017

− 2.5D & 3D IC TSV Interconnect for Advanced Packaging: Business Update 2016

− Fan-Out: Technologies and Market Trends 2016

− Fan-In Packaging: Business update 2016

− Status and Prospects for the Advanced Packaging Industry in China 2016

o MANUFACTURING

− Thin Wafer Processing and Dicing Equipment Market 2016

− Emerging Non Volatile Memories 2016

o COMPOUND SEMICONDUCTORS

− Power GaN 2016: Epitaxy and Devices, Applications and Technology Trends

− GaN RF Devices Market: Applications, Players, Technology and substrates 2016

− Sapphire Applications & Market 2016: from LED to Consumer Electronics

− Power SiC 2016: Materials, Devices, Modules, and Applications

o LED

− UV LED Technology, Manufacturing and Applications Trends 2016

− OLED for Lighting 2016 – Technology, Industry and Market Trends

− Automotive Lighting: Technology, Industry and Market Trends 2016

− Thermal Management Technology and Market Perspectives in Power Electronics and

LEDs 2017

− Organic Thin Film Transistor 2016: Flexible Displays and Other Applications

− Sapphire Applications & Market 2016: from LED to Consumer Electronics

− LED Packaging 2017: Market, Technology and Industry Landscape

o POWER ELECTRONICS

− Power Electronics for EV/HEV 2016: Market, Innovations and Trends

− Status of Power Electronics Industry 2016

− Passive Components Technologies and Market Trends for Power Electronics 2016

− Power SiC 2016: Materials, Devices, Modules, and Applications

− Power GaN 2016: Epitaxy and Devices, Applications, and Technology Trends

− Inverter Technologies Trends & Market Expectations 2016

− Opportunities for Power Electronics in Renewable Electricity Generation 2016

− Thermal Management Technology and Market Perspectives in Power Electronics and

LEDs 2017

− GaN RF Devices Market: Applications, Players, Technology and substrates 2016

o BATTERY AND ENERGY MANAGEMENT

− Beyond Li-ion Batteries: Present and Future Li-ion Technology Challengers 2016

− Stationary Storage and Automotive Li-ion Battery Packs 2016

− Opportunities for Power Electronics in Renewable Electricity Generation 2016©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

41

OUR 2016 PUBLISHED REPORTS LIST (2/2)

PATENT ANALYSIS by Knowmade

− Microbattery Patent Landscape Analysis

− Miniaturized Gas Sensors Patent Landscape Analysis

− 3D Cell Culture Technologies Patent Landscape

− Phosphors and QDs for LED Applications Patent Landscape 2016 report

− TSV Stacked Memory Patent Landscape

− Fan-Out Wafer Level Packaging Patent Landscape Analysis

TEARDOWN & REVERSE COSTING by System Plus Consulting More than 60 teardowns and reverse costing analysis and cost simulation tools to be

published in 2017.

MORE INFORMATION

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Contact your sales team according to your location (see the last slide).

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create very useful, dynamic

reference material for

attendees and also for

absentees, thanks to the

recording technology.

Benefit from the i-Micronews.com

traffic generated by the 8,500+

monthly visitors, the 11,500+

weekly readers of @Micronews

e-newsletter

Seven main events planned for

2017 on different topics to

attract 140 attendees on average

Gain new leads for your business

from an average of 300

registrants per webcast

Contacts: Camille Veyrier (veyrier@yole.fr) and Clotilde Fabre (fabre@yole.fr), Marketing & Communication Project Managers.

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

43

CONTACT INFORMATION

Follow us on

o CONSULTING AND SPECIFIC ANALYSIS

• North America: Steve LaFerriere, Director of Northern America Business DevelopmentEmail: laferriere@yole.fr – +1 31 06 008 267

• Japan & Rest of Asia: Takashi Onozawa, General Manager, Asia Business DevelopmentEmail: onozawa@yole.fr - +81 3 4405 9204

• Greater China: Mavis Wang, Director of Greater China Business DevelopmentEmail: wang@yole.fr - +886 979 336 809

• RoW: Jean-Christophe Eloy, CEO & President, Yole DéveloppementEmail eloy@yole.fr - +33 4 72 83 01 80

o REPORT BUSINESS

• North America: Steve LaFerriere, Director of Northern America Business DevelopmentEmail: laferriere@yole.fr – +1 31 06 008 267

• Europe: Lizzie Levenez, EMEA Business Development ManagerEmail: levenez@yole.fr - +49 15 123 544 182

• Rest of Asia: Takashi Onozawa, General Manager, Asia Business DevelopmentEmail: onozawa@yole.fr - +81 3 4405 9204

• Japan & Asia: Miho Othake, Account ManagerEmail: ohtake@yole.fr - +81 3 4405 9204

• Greater China: Mavis Wang, Director of Greater China Business DevelopmentEmail: wang@yole.fr - +886 979 336 809

o FINANCIAL SERVICES

• Jean-Christophe Eloy, CEO & PresidentEmail: eloy@yole.fr - +33 4 72 83 01 80

o GENERAL

• Public Relations: leroy@yole.fr - +33 4 72 83 01 89

• Email: info@yole.fr - +33 4 72 83 01 80

©2017 | www.yole.fr | IR LEDs and Lasers | SAMPLE

44

About Solid State Lighting (LED, OLED…) and Display Activities

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

45

Yole is active throughout the value chain (Example of LED and Sapphire activities)

FOCUS ON SOLID STATE LIGHTING (LED, OLED…) AND DISPLAY ACTIVITIES

We are active throughout the value chain: from substrates to systems!

And we interact with industrial/R&D players from each level!

Substrate

SiC/Sapphire/Silicon/Bulk

GaN/Engineered

substrates

LED epi-

wafer

Mesa LED, Flip Chip LED,

Vertical LED structures

LED dies-

on-wafer

LED dies

Front-end Level 0 - Epitaxy• Nucleation layer

• n-type layer

• Active layers (MQW)

• p-type layer

Back-End Level 0 - Packaging• Substrate separation & Bonding

• Die singulation

• Testing & Binning

LED systems and applications

Front-end Level 1 - Device Production• Inspection

• Masking/Lithography

• Etching

• Metallization/Contacts/Mirrors

Back-End level 1 - Packaging• Die Attach & Interconnections

• Phosphors

• Encapsulation & Optics

• Testing & Binning

Packaged LEDs

Module Packaging• Substrates (PCB)

• Encapsulation & Optics

• Heatsink

• Testing & Binning

LED modules

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

46

Insights on Forecast Methodology (Example of LED and Sapphire activities)

FOCUS ON SOLID STATE LIGHTING (LED, OLED…) AND DISPLAY ACTIVITIES

“What’s Behind the Crystal Ball?”

Only analysts that follow the industry on a daily basis (trough interviews) and developed market modeling tools based on discussions with key players of the industry.

APPLICATION

Forecast of standard

product market volume

(unit)Ex.: Smartphone, TVs, lamps (…)

Definition of functions using

LEDsEx.: “Flash vs. Keypad” for

smartphone (…)

Definition of technical

requirementsEx.: Efficacy, size (…)

Definition of LED

penetration rate and

competitiveness with

alternative technologiesEx.: “OLED vs. LED” in smartphone

(…)

Forecast of LED market volume (unit)Split by application, power type (low vs. medium vs. high

power), package type (single vs. multi-die…) (… )

Definition of LED

ASPPer power type, packaged

type (…)

Forecast of LED market size ($)Split by application, power type, package type

(… )

Definition of manufacturing flows for

front-end and packaging (process,

technologies, materials, yields…)Split by application, power type, package type (…)

Forecast of LED manufacturing

equipment and material markets

(unit and $)Ex.: Phosphors, encapsulant, dicing equipment

Definition of LED die

surface (mm²)

Definition of substrate die surface (mm²)

and epiwafer volume (unit)Split by type of substrate (…)

Forecast of LED substrate

markets (unit and $)Split by type of substrate (…)

Definition of sale

levels of key

manufacturers ($)Ex: LED, packaging

materials, epitaxy

materials, manufacturing

equipment, MOCVD

reactor, substrate (…)

System Plus Consulting

expertise in reverse

costing/reverse

engineering

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

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About Yole’s Analyst Team

FOCUS ON SOLID STATE LIGHTING (LED, OLED…) AND DISPLAY ACTIVITIES

A team based on persons having complementary skills and expertise.

Pars MUKISH - Business Unit Manager - SSL & Display

Pars MUKISH holds a master degree in Materials Science & Polymers (ITECH - France) and a master degree in Innovation

& Technology Management (EM Lyon - France). Since 2015, Pars MUKISH has taken on responsibility for developing LED,

OLED and Sapphire activities as Business Unit Manager at Yole Développement. Previously, he has worked as Marketing

Analyst and Techno-Economic Analyst for several years at the CEA (French Research Center).

Dr. Eric VIREY - Senior Market & Technology Analyst - Sapphire & Display

Eric VIREY holds a Ph-D in Optoelectronics from the National Polytechnic Institute of Grenoble (INPG - France). He

works as Market and Technology Analyst in the fields of Sapphire, LED/OLED and Display. In the last 12 years, he has held

various R&D, engineering, manufacturing and marketing positions with Saint-Gobain. Most recently, he was Market Manager at

Saint-Gobain Crystals, in charge of Sapphire and Optoelectronic products.

Pierrick BOULAY - Market & Technology Analyst - SSL

Pierrick BOULAY holds a master degree in Electronics from ESEO (France). He works as Market and Technology Analyst

in the fields of LED, OLED and Lighting Systems to carry out technical, economic and marketing analysis. He has experience

in both LED lighting (general lighting, automotive lighting…) and OLED lighting. In the past, he has mostly worked in R&D

department for LED lighting applications.

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE

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Report collection

FOCUS ON SOLID STATE LIGHTING (LED, OLED…) AND DISPLAY ACTIVITIES

Previous Publications:

• Status of the LED Industry

• LED in Road and Street Lighting

• LED Front End

• GaN-on-Si Technology and Market

• Phosphors & QDs - IP Landscape

2016 Publications:

• OLED For Lighting - February 2016

• Automotive Lighting - April 2016

• UV LED - August 2016

• Sapphire - September 2016

• Organic TFT - October 2016

2017 Publications:

• Thermal Management for LED and PE - New

• LED Packaging - Update

• MicroLEDs and MicroDisplays - New

• CSP LED Lighting Module - New

• IR LEDs and Lasers - New

• Agricultural Lighting - New

• LED Lighting Module - Update

• QD for Display Applications - New

• LED Downconverters (Phosphors & QDs) - Update

• Automotive Lighting - Update

• UV LED - Update

• Display for Augmented Reality - New

A collection of more than 15 reports on Solid State Lighting and Display.

Our reports are unmatched in quality and technology depth and typically include:

• Technology trends and evolution: costs, barriers, roadmaps (…).

• Supply & value chain analysis: business models, relationships (…).

• In-depth analysis of applications and market drivers: challenges, inflection points (…).

• Market data ($, units, wafer starts…).

Already

published

©2017 | www.yole.fr | IR LEDs and VCSELs | SAMPLE