| Product Code: ETC6897795 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Cyprus lighting market saw a significant shift in 2024, with top LED infrared import shipments coming from Metropolitan France, South Korea, China, Poland, and Taiwan. The market concentration, as measured by the HHI, decreased from high to moderate in 2024, indicating a more competitive landscape. With a modest compound annual growth rate (CAGR) of 1.13% from 2020 to 2024, the market experienced a growth spurt in 2024 with a growth rate of 3.83% compared to the previous year. This suggests a positive outlook for the Cyprus lighting industry and potential opportunities for further expansion.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Lighting Infrared LED Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Lighting Infrared LED Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Lighting Infrared LED Market - Industry Life Cycle |
3.4 Cyprus Lighting Infrared LED Market - Porter's Five Forces |
3.5 Cyprus Lighting Infrared LED Market Revenues & Volume Share, By Spectral range, 2021 & 2031F |
3.6 Cyprus Lighting Infrared LED Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cyprus Lighting Infrared LED Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Cyprus Lighting Infrared LED Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Lighting Infrared LED Market Trends |
6 Cyprus Lighting Infrared LED Market, By Types |
6.1 Cyprus Lighting Infrared LED Market, By Spectral range |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Lighting Infrared LED Market Revenues & Volume, By Spectral range, 2021- 2031F |
6.1.3 Cyprus Lighting Infrared LED Market Revenues & Volume, By Short-Wave Infrared (SWIR) LED, 2021- 2031F |
6.1.4 Cyprus Lighting Infrared LED Market Revenues & Volume, By Medium-Wave Infrared (MWIR) LED, 2021- 2031F |
6.1.5 Cyprus Lighting Infrared LED Market Revenues & Volume, By Long-Wave Infrared (LWIR) LED, 2021- 2031F |
6.2 Cyprus Lighting Infrared LED Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Lighting Infrared LED Market Revenues & Volume, By Biometrics, 2021- 2031F |
6.2.3 Cyprus Lighting Infrared LED Market Revenues & Volume, By Imaging, 2021- 2031F |
6.2.4 Cyprus Lighting Infrared LED Market Revenues & Volume, By Lighting, 2021- 2031F |
6.2.5 Cyprus Lighting Infrared LED Market Revenues & Volume, By Remote Sensing, 2021- 2031F |
6.2.6 Cyprus Lighting Infrared LED Market Revenues & Volume, By Surveillance, 2021- 2031F |
6.3 Cyprus Lighting Infrared LED Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Lighting Infrared LED Market Revenues & Volume, By Aerospace & Defence, 2021- 2031F |
6.3.3 Cyprus Lighting Infrared LED Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.4 Cyprus Lighting Infrared LED Market Revenues & Volume, By BFSI, 2021- 2031F |
6.3.5 Cyprus Lighting Infrared LED Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.3.6 Cyprus Lighting Infrared LED Market Revenues & Volume, By Education, 2021- 2031F |
6.3.7 Cyprus Lighting Infrared LED Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.8 Cyprus Lighting Infrared LED Market Revenues & Volume, By Retail, 2021- 2031F |
6.3.9 Cyprus Lighting Infrared LED Market Revenues & Volume, By Retail, 2021- 2031F |
7 Cyprus Lighting Infrared LED Market Import-Export Trade Statistics |
7.1 Cyprus Lighting Infrared LED Market Export to Major Countries |
7.2 Cyprus Lighting Infrared LED Market Imports from Major Countries |
8 Cyprus Lighting Infrared LED Market Key Performance Indicators |
9 Cyprus Lighting Infrared LED Market - Opportunity Assessment |
9.1 Cyprus Lighting Infrared LED Market Opportunity Assessment, By Spectral range, 2021 & 2031F |
9.2 Cyprus Lighting Infrared LED Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cyprus Lighting Infrared LED Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Cyprus Lighting Infrared LED Market - Competitive Landscape |
10.1 Cyprus Lighting Infrared LED Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Lighting Infrared LED Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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