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Global IR LED Market Size, Share, Growth, Trends, Forecast: By Technology: IR LED Chip, IR LED Package; By Spectral Range: 700 nm – 850 nm, 850 nm – 950 nm, 950 nm – 1020 nm, 1020 nm – 1720 nm, Others; By Application: Biometrics, Imaging, Lighting, Others; By End-Use; Regional Analysis; Competitive Landscape; 2024-2032
Global IR LED Market Outlook
The global IR LED market size is assessed to grow in the forecast period of 2024-2032 at a CAGR of 8.50%. The market growth is being driven by rising demands for imaging and increasing usage in automotive and machine-to-machine environments.
An IR LED or infrared LED is an infrared light-emitting diode, a semiconductor device that releases infrared rays when exposed to an electric current. They are commonly used in several transfer systems, such as in remote controls for televisions and in night-vision cameras, among others.
The global IR LED market growth is being driven by the increasing demand for consumer electronics and growing defence applications of infrared LED technology. Rising disposable incomes and the availability of a wide range of consumer electronics are surging the demand for infrared LEDs. Intelligent lighting technology that is part of the Industrial Internet of Things (IIoT) and dynamic machine vision systems are further expanding the market potential for IR LED. Infrared LED is also becoming increasingly utilised in advanced surveillance applications including automatic licence plate recognition and biometrics for facial, fingerprint, and iris recognition.
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At a regional level, the market in Asia Pacific is anticipated to witness significant growth over the coming years. The market is expanding due to the presence of densely populated nations like China and India, rising disposable income, and shifting consumer lifestyles.
IR LED Market Segmentation
Based on technology, the market is bifurcated into:
- IR LED Chip
- IR LED Package
The IR (Infrared) LED chip segment in the market is a crucial component of the broader market for infrared light-emitting diodes. This segment focuses on the design, development, and manufacturing of semiconductor chips that emit infrared light. The demand for IR LED chips is driven by the growing use of IR LEDs in consumer electronics, automotive, and industrial applications.
IR LED chips are used in a wide range of applications, including remote controls, surveillance systems, night-vision equipment, and optical sensors. They are also used in emerging technologies such as LiDAR (Light Detection and Ranging) systems, which are crucial for autonomous vehicles.
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The infrared LED market segmentation by spectral range is:
- 700 nm – 850 nm
- 850 nm – 950 nm
- 950 nm – 1020 nm
- 1020 nm – 1720 nm
- Others
The demand for IR (Infrared) LEDs in the 700 nm – 850 nm wavelength range in the IR LED market is substantial due to the versatility and broad applicability of this wavelength range in various sectors. One of the most common applications of 700-850 nm IR LEDs is in consumer electronics, especially in remote controls for TVs, air conditioners, and other household appliances. This wavelength range is ideal for short-range communication between the remote and the device.
Additionally, in the security sector, IR LEDs in this range are used for night vision and surveillance cameras. They provide illumination that is not visible to the human eye but can be detected by cameras, enabling night-time monitoring without drawing attention.
Based on application, the market is categorised into:
- Biometrics
- Imaging
- Lighting
- Remote Sensing
- Surveillance
- Others
Surveillance occupies a significant portion of the IR LED market share. Infrared (IR) LEDs play a crucial role in surveillance applications, offering unique capabilities that are especially useful in low-light and nighttime conditions.
IR LEDs are widely used in night vision cameras. These cameras detect the IR light that is invisible to the human eye, allowing them to capture clear images in complete darkness or low-light conditions. The IR illumination provided by these LEDs enables security cameras to capture high-quality video footage, even when there is insufficient visible light. Since IR light is not visible to the naked eye, IR LEDs are also ideal for covert surveillance operations as they allow security cameras to operate discreetly without drawing attention.
On the basis of end-use, the market is divided into:
- Aerospace and Defence
- Automotive
- Consumer Electronics
- Commercial
- Industrial
- Healthcare and Hospitality
- Retail
- Others
The consumer electronics segment in the market is substantial and diverse, encompassing a wide range of applications where IR LEDs are utilised in everyday electronic devices. One of the most common applications of IR LEDs in consumer electronics is in remote controls for TVs, DVD players, air conditioners, and other home appliances. IR LEDs in remote controls emit signals that are received by the IR sensor in the device, allowing wireless control.
IR LEDs are used in various types of optical sensors for proximity sensing, gesture recognition, and ambient light detection in devices like smartphones, tablets, and laptops. These sensors can detect the presence of a user, automate screen brightness, or enable touchless controls.
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The report also covers the regional markets for IR LED, which are as follows:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
IR LED Market Analysis
IR LEDs are semiconductor devices that emit light in the infrared spectrum, which is invisible to the human eye but can be detected by sensors and cameras. The market for IR LEDs is expanding due to their increasing adoption in diverse applications, from consumer electronics to industrial processes.
The growth of the market is propelled by the increasing demand for advanced sensor technology in various applications, the rise of IoT (Internet of Things), and the growing automotive and consumer electronics sectors. Ongoing advancements in semiconductor technology are some of the crucial IR LED market trends that have led to the development of more efficient, powerful, and compact IR LEDs. Some common innovations include improvements in wavelength specificity, power consumption, and integration with other electronic components.
Rising Use in the Healthcare Sector to Bolster Market Growth
As infrared LEDs consume low energy and generate low heat, they provide minimal harm to the environment and are increasingly used in various applications, invigorating the market growth. In addition, the cost-effectiveness and efficient production of infrared lights of various wavelengths by IR LEDs is one of the key infrared LED market trends augmenting the market.
The rising use of IR LED in the healthcare sector is expected to aid the IR LED market demand for infrared LEDs as infrared therapy is used to treat pain and inflammation in various body parts. Moreover, recent research indicates the potential use of IR LED therapy in the treatment of various health conditions, such as arthritis, muscle pain, and joint stiffness, among others. Additionally, IR LEDs are also used in several medical devices for endoscopy, blood analysis, and skin and wound treatment, which is significantly bolstering the global market size.
Moreover, the increasing prevalence of security installations to minimise theft and monitor homes is also aiding the market for infrared LEDs. The escalating applications of IR LEDs in machine-to-machine environments (M2M) and the Internet of Things (IoT) are catalysing the market growth. IR LEDs are also increasingly being used for gesture recognition in game consoles.
Flourishing Automotive Sector Boosts the Market Share
The robust growth of the automotive sector is boosting the market growth of IR LEDs. The growing emphasis on road safety and the rising demand for advanced electronics in vehicles is further aiding the market growth. IR LEDs are also utilised for outdoor automotive applications, such as lane recognition, gesture recognition, night vision, and pedestrian protection.
The surging use of IR LED in biometrics of phone and security systems is further aiding the market growth for infrared LEDs. With advancements in technology and rising internet penetration, mobile banking and digital wallets are becoming more prevalent, which require more advanced security.
In addition, rising cases of burglary and property damage have increased the demand for safety alarms. The use of IR LED in safety alarm systems as a motion sensor is propelling the market growth. As infrared light is invisible to the naked human eye, infrared LEDs can be used for optimum lightning performance in night surveillance cameras. The advent of smart homes, smart cities, and smart offices, especially in developed cities, is heightening the demand for remote controls for lighting, music systems, and televisions, which is consequently increasing the infrared LED market size.
Market Share by Region
North America, particularly the United States, is one of the key markets for IR LEDs, driven by robust technological infrastructure and high demand across various sectors. The market in this region is characterised by high growth potential, particularly in areas like automotive, consumer electronics, healthcare, and industrial applications.
North America has a large market for consumer electronics, where IR LEDs are widely used in remote controls, smart devices, and gaming systems. The automotive industry in this region, especially in the U.S., is rapidly adopting IR LED technology for advanced driver-assistance systems (ADAS), including night vision and pedestrian detection systems. The region is also home to several leading technology companies and research institutions that are at the forefront of developing advanced IR LED technologies.
Key Players in the Market
The report presents a detailed analysis of the following key players in the global IR LED market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- OSRAM Opto Semiconductors GmbH
- EPILEDS Technologies, Inc.
- Epistar Corporation
- Nichia Corporation
- Kingbright Company, LLC
- Everlight Electronics Co., Ltd
- ROHM Co., Ltd.
- Würth Elektronik GmbH & Co. KG
- Harvatek Corporation
- Hamamatsu Photonics K.K
- Others
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Technology |
|
| Breakup by Spectral Range |
|
| Breakup by Application |
|
| Breakup by End-Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global IR LED Market Analysis
8.1 Key Industry Highlights
8.2 Global IR LED Historical Market (2018-2023)
8.3 Global IR LED Market Forecast (2024-2032)
8.4 Global IR LED Market by Technology
8.4.1 IR LED Chip
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 IR LED Package
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global IR LED Market by Spectral Range
8.5.1 700 nm – 850 nm
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 850 nm – 950 nm
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 950 nm – 1020 nm
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 1020 nm – 1720 nm
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global IR LED Market by Application
8.6.1 Biometrics
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Imaging
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Lighting
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Remote Sensing
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Surveillance
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global IR LED Market by End-Use
8.7.1 Aerospace and Defence
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Automotive
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Consumer Electronics
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Commercial
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Industrial
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
8.7.6 Healthcare and Hospitality
8.7.6.1 Historical Trend (2018-2023)
8.7.6.2 Forecast Trend (2024-2032)
8.7.7 Retail
8.7.7.1 Historical Trend (2018-2023)
8.7.7.2 Forecast Trend (2024-2032)
8.7.8 Others
8.8 Global IR LED Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America IR LED Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe IR LED Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific IR LED Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America IR LED Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa IR LED Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 OSRAM Opto Semiconductors GmbH
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 EPILEDS Technologies, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Epistar Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Nichia Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Kingbright Company, LLC
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Everlight Electronics Co., Ltd
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 ROHM Co., Ltd.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Würth Elektronik GmbH & Co. KG
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Harvatek Corporation
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Hamamatsu Photonics K.K
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global IR LED Market: Key Industry Highlights, 2018 and 2032
2. Global IR LED Historical Market: Breakup by Technology (USD Million), 2018-2023
3. Global IR LED Market Forecast: Breakup by Technology (USD Million), 2024-2032
4. Global IR LED Historical Market: Breakup by Spectral Range (USD Million), 2018-2023
5. Global IR LED Market Forecast: Breakup by Spectral Range (USD Million), 2024-2032
6. Global IR LED Historical Market: Breakup by Application (USD Million), 2018-2023
7. Global IR LED Market Forecast: Breakup by Application (USD Million), 2024-2032
8. Global IR LED Historical Market: Breakup by End-Use (USD Million), 2018-2023
9. Global IR LED Market Forecast: Breakup by End-Use (USD Million), 2024-2032
10. Global IR LED Historical Market: Breakup by Region (USD Million), 2018-2023
11. Global IR LED Market Forecast: Breakup by Region (USD Million), 2024-2032
12. North America IR LED Historical Market: Breakup by Country (USD Million), 2018-2023
13. North America IR LED Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Europe IR LED Historical Market: Breakup by Country (USD Million), 2018-2023
15. Europe IR LED Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Asia Pacific IR LED Historical Market: Breakup by Country (USD Million), 2018-2023
17. Asia Pacific IR LED Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Latin America IR LED Historical Market: Breakup by Country (USD Million), 2018-2023
19. Latin America IR LED Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Middle East and Africa IR LED Historical Market: Breakup by Country (USD Million), 2018-2023
21. Middle East and Africa IR LED Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Global IR LED Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 8.50% between 2024 and 2032.
The major drivers of the market are growing use of IR LED in the automotive sector and the rising application of the product in smart homes and smart offices.
The key trends guiding the market growth include the cost-effectiveness and high efficiency of infrared LED and its increasing use in the healthcare sector in therapies and medical devices.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
IR LED chip and IR LED package are the major technologies considered in the market report.
The different spectral ranges of IR LED are 700 nm – 850 nm, 850 nm – 950 nm, 950 nm – 1020 nm, and 1020 nm – 1720 nm, among others.
The various applications of IR LED include biometrics, imaging, lighting, remote sensing, and surveillance, among others.
The significant end uses of IR LED are aerospace and defence, automotive, consumer electronics, commercial, industrial, healthcare and hospitality, and retail, among others.
The key players in the IR LED market are OSRAM Opto Semiconductors GmbH, EPILEDS Technologies, Inc., Epistar Corporation, Nichia Corporation, Kingbright Company, LLC, Everlight Electronics Co., Ltd, and ROHM Co., Ltd., among others.
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