| Product Code: ETC8931015 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Republic of North Macedonia witnessed a significant increase in the import of lighting infrared LED shipments in 2024, with top exporting countries being China, Italy, Poland, Germany, and Slovakia. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), reached very high levels in 2024, reflecting a competitive landscape dominated by a few key players. The impressive Compound Annual Growth Rate (CAGR) of 22.65% from 2020 to 2024 indicates a robust and growing market, with a remarkable growth rate of 57.95% in 2024 alone, highlighting the strong demand for lighting infrared LED products in North Macedonia.

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 Republic of Macedonia Lighting Infrared LED Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Lighting Infrared LED Market - Industry Life Cycle |
3.4 Republic of Macedonia Lighting Infrared LED Market - Porter's Five Forces |
3.5 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume Share, By Spectral range, 2021 & 2031F |
3.6 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Republic of Macedonia Lighting Infrared LED Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient lighting solutions in the Republic of Macedonia |
4.2.2 Growing adoption of LED technology due to its long lifespan and cost-effectiveness |
4.2.3 Government initiatives promoting the use of energy-efficient lighting solutions |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with LED lighting technology |
4.3.2 Lack of awareness and education about the benefits of infrared LED lighting |
4.3.3 Limited availability of advanced infrared LED products in the market |
5 Republic of Macedonia Lighting Infrared LED Market Trends |
6 Republic of Macedonia Lighting Infrared LED Market, By Types |
6.1 Republic of Macedonia Lighting Infrared LED Market, By Spectral range |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By Spectral range, 2021- 2031F |
6.1.3 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By Short-Wave Infrared (SWIR) LED, 2021- 2031F |
6.1.4 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By Medium-Wave Infrared (MWIR) LED, 2021- 2031F |
6.1.5 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By Long-Wave Infrared (LWIR) LED, 2021- 2031F |
6.2 Republic of Macedonia Lighting Infrared LED Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By Biometrics, 2021- 2031F |
6.2.3 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By Imaging, 2021- 2031F |
6.2.4 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By Lighting, 2021- 2031F |
6.2.5 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By Remote Sensing, 2021- 2031F |
6.2.6 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By Surveillance, 2021- 2031F |
6.3 Republic of Macedonia Lighting Infrared LED Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By Aerospace & Defence, 2021- 2031F |
6.3.3 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.4 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By BFSI, 2021- 2031F |
6.3.5 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.3.6 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By Education, 2021- 2031F |
6.3.7 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.8 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By Retail, 2021- 2031F |
6.3.9 Republic of Macedonia Lighting Infrared LED Market Revenues & Volume, By Retail, 2021- 2031F |
7 Republic of Macedonia Lighting Infrared LED Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Lighting Infrared LED Market Export to Major Countries |
7.2 Republic of Macedonia Lighting Infrared LED Market Imports from Major Countries |
8 Republic of Macedonia Lighting Infrared LED Market Key Performance Indicators |
8.1 Energy savings achieved through the adoption of LED lighting technology |
8.2 Number of government projects incorporating energy-efficient lighting solutions |
8.3 Percentage increase in the adoption rate of LED lighting in commercial and residential sectors |
9 Republic of Macedonia Lighting Infrared LED Market - Opportunity Assessment |
9.1 Republic of Macedonia Lighting Infrared LED Market Opportunity Assessment, By Spectral range, 2021 & 2031F |
9.2 Republic of Macedonia Lighting Infrared LED Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Republic of Macedonia Lighting Infrared LED Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Republic of Macedonia Lighting Infrared LED Market - Competitive Landscape |
10.1 Republic of Macedonia Lighting Infrared LED Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Lighting Infrared LED Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |