About Contact Us Careers
Sign In

Infrared (IR) LED Market Size & Share, by Spectral Range (Short-Wave, Medium-Wave, Long-Wave); Technology (IR LED Chip, IR LED Package); Application (Imaging, Surveillance, Biometrics, Lighting, Remote Sensing) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 5053
  • Published Date: Jun 21, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023 - 2035

Infrared LED Market size is poised to surpass USD 2.5 Billion by the end of 2035, witnessing around 14% CAGR during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of infrared LED was around USD 680 Million. The rising deployment of security cameras is the key factor for market growth. As of May 2021, around 770 million security cameras were installed in 150 major cities in the world. Nowadays, security cameras are usually equipped with IR LEDs to capture clear images and videos even in pitch-black darkness. IR LEDs emit infrared light that is invisible to human eyes but can be detected by the camera’s image sensor.

Besides this, the higher use of IR LEDs in medical therapies is also expected to augment the IR LED market growth. IR LED therapy can stimulate collagen production and can penetrate deep into the skin. Therefore, it is used for skin tightening and wound healing for removing wrinkles and acne. IR LED promotes cellular activity and enhances blood circulation, which can result in smoother and youthful-looking skin. Therefore, rising problems of acne and fine lines are driving its demand. Moreover, it is also used to mitigate the pain and inflammation caused by arthritis, ankle tendonitis, knee osteoarthritis, and carpal tunnel syndrome. According to one study, infrared light combined with red light treatment lowered osteoarthritis-related pain by over 50%.

Infrared (IR) LED Market
Get more information on this report: Request Free Sample PDF

Infrared LED Market: Growth Drivers and Challenges

Growth Drivers

  • Growing Demand for Automotives with ADAS– Lane-keep assist feature was installed in 52% of Japanese vehicles in the first half of 2021, 30% in Mainland China, and 63% in the United States. Moreover, around 75 million cars with ADAS features were sold in 2021. Infrared LEDs can be employed in proximity sensors used in ADAS applications. These LEDs emit light and the sensor detects the reflected light.
  • Growing Demand for Smart Home Devices– In the world, around 130 million and 73 million households have smart speakers and smart big appliances, respectively. Moreover, by 2027, this number is expected to reach 335 million, and 178 million, respectively. IR LEDs can be integrated into home automation hubs of smart home controllers. These hubs act as central control units for various smart devices in the home, including TV, audio devices, and other IR-enabled devices.
  • Development of Smart cities- By 2030, the globe is predicted to contain 43 megacities with populations of more than 10 million people, the majority of which will be in developing countries. Smart cities aim to improve transportation efficiency, public lighting, and others. IR LEDs can be integrated into smart lighting systems used in smart cities. These LEDs can provide additional functionality, such as motion detection and occupancy sensing which enable energy-efficient lighting solutions
  • Advancement in the Technology of IR LED- Scientist of the University of Melbourne, Australian Research Council Centre of Excellence for Transformative Meta-Optical Systems (TMOS), the Lawrence Berkely National Laboratory, and the University of California jointly engineered an IR LED that can be tuned to different wavelengths of light. The device can detect a variety of gases, including possibly hazardous ones, boosting the safety of firefighters, coal miners, the military, and even your neighborhood plumber.

Challenges

  • Huge Competition from Alternative Technologies- The IR LED market faces competition from alternative technologies, such as laser diodes, organic LEDs (OLEDs), and quantum dots. These technologies offer unique advantages and are continually advancing, posing a challenge to the growth of IR LEDs.
  • High Cost of Manufacturing and Procuring
  • Lack of Standardization Leading to Interoperability and Compatibility Issues

Infrared LED Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~14%

Base Year Market Size (2022)

~ USD 680 Million

Forecast Year Market Size (2035)

~ USD 2.5 Billion

Regional Scope
  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
Get more information on this report: Request Free Sample PDF

Infrared (IR) LED Segmentation

Spectral Range (Short-Wave, Medium-Wave, Long-Wave)

The medium-wave segment in the infrared LED market is estimated to gain the largest revenue share of about 60% in the year 2035 and will surpass USD 1 billion by growing at a notable CAGR over the forecasted period. The growth of the segment is attributed to the rising use of identity verification systems in the defense sector. Medium wave OR LEDs are used in friend-or-foe identification systems, also known as IFF systems. These systems employ IR LEDs to emit unique identification codes or signals that can be recognized by corresponding IR sensors or receivers. By utilizing medium wave LEDs, military forces can distinguish friendly units from potential threats, enhancing operational coordination and reducing the risk of friendly fire incidents.

Application (Imaging, Surveillance, Biometrics, Lighting, Remote Sensing)

The surveillance segment is expected to hold around 46% share of the global infrared LED market in the year 2035. Moreover, in terms of revenue, the segment was valued at USD 240 million in 2022. The need for surveillance and security cameras has become imperative. Surveillance cameras act as a deterrent to crime by increasing the perceived risk of detection and capture. These cameras play a crucial role in investigating crimes and collecting evidence. Its presence discourages potential criminals and enhances public safety in public spaces and commercial areas, and residential neighborhoods. When it comes to preventing crimes and monitoring the area discreetly, IR LEDs are suitable for covert surveillance, since it is not visible to human eyes.  They can operate without emitting visible light that would draw attention to the camera’s presence.

Our in-depth analysis of the global infrared LED market includes the following segments:

   Spectral Range
  • Short-Wave
  • Medium-Wave
  • Long-Wave

   Technology
  • IR LED Chip
  • IR LED Package

   Application
  • Imaging
  • Surveillance
  • Biometrics
  • Lighting
  • Remote Sensing

Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.

Customize this Report

Infrared (IR) LED Industry- Regional Synopsis

North American Market Forecast

The North America infrared LED market is projected to be the largest with a share of about 37% by the end of 2035. The rising development of IoT infrastructure will drive the region’s market growth. Local governments of America are going to allocate USD 41 trillion over the next two decades for developing their facilities for the Internet of Things. Besides this, the advancement of smart city building followed by higher implementation of smart traffic management systems, and efficient distribution and utilization of energy will also contribute to the industry expansion in the region.

APAC Market Statistics

The Asia Pacific infrared LED market is estimated to be the second largest, registering a share of about 26% by the end of 2035. The increased use of cameras in public places for safety and security is driving up demand for infrared (IR) LED in the region. The establishment of security cameras has become mandatory after the implementation of section-144 of CrPC in India on January 2022, so far around 70,000 cameras have been deployed and even more will be installed in the near future. Moreover, in China, there are nearly 700 million CCTV cameras all over the country, which means that for every 2 people, there is one lens. Security cameras often use motion detection algorithms to trigger recording or alert notifications when movement is detected within the camera’s field of view. Infrared LEDs can help improve the accuracy of motion detection, as they can provide additional illumination and enhance the camera’s ability to detect moving objects in low-light environments. 

Research Nester
Infrared (IR) LED Market Share
Get more information on this report: Request Free Sample PDF

Companies Dominating the Infrared LED Market

top-features-companies
    • GJD Manufacturing Ltd.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Epistar Corporation
    • Lite-On Technology Corp
    • Ams-Osram AG
    • Ushio America, Inc.
    • Vishay Intertechnology, Inc.
    • Lextar Electronics Corp.
    • Luminous India
    • Lumileds Holding B.V.
    • Kingbright Company, LLC

In the News

  • GJD Manufacturing Ltd., an AVA Group Company announced the launch of Clarius Medium Hybrid IP IR/WL LED illuminator. It combines two technologies of white light and infrared LED technology. Clarius Hybrid has been engineered to work seamlessly with IP cameras to deliver event-triggered lighting to both illuminate and discourage thieves.
  • Ams-OSRAM AG has announced the launch of the first product in the line of OSLON Black family of infrared (IR) LEDs. It has wide monitoring in cabin surveillance systems and improves the clarity of the IR images. 

 

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5053
  • Published Date: Jun 21, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing deployment of security cameras, higher use in the medical field for wound healing and skin treatment, and technical advancement in IR LED are the major factors driving the market growth.

The market size of infrared (IR) LED is anticipated to attain a CAGR of ~14% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Epistar Corporation, Lite-On Technology Corp, Ams-Osram AG, Ushio America, Inc., Vishay Intertechnology, Inc., Lextar Electronics Corp., Luminous India, Lumileds Holding B.V, Kingbright Company, LLC, and GJD Manufacturing Ltd.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by spectral range, technology, application and by region.

The medium-wave segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The manufacturing cost is high, and new alternatives in the market is estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Infrared LED Market Report Scope

Copyright © 2024 Research Nester. All Rights Reserved

logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying