Infrared (IR) LED Market Overview
Infrared rays are electromagnetic radiations in the nonvisible spectrum of white light, which range from 1300 to 1700 nm. Infrared light emitting diode (IR LED) is a solid-state lighting (SSL) device, which emits light in the infrared range. It spreads the light on a vast area rather than concentrating it or in other words IR LEDs have a wide field of view. These LEDs find their extensive use in security and surveillance cameras, along with automated driving vehicles.
This report provides a deep insight into the global Infrared (IR) LED market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Infrared (IR) LED Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Infrared (IR) LED market in any manner.
Infrared (IR) LED Market Analysis:
The global Infrared (IR) LED market size was estimated at USD 660.70 million in 2023 and is projected to reach USD 1690.09 million by 2032, exhibiting a CAGR of 11.00% during the forecast period.
North America Infrared (IR) LED market size was estimated at USD 206.15 million in 2023, at a CAGR of 9.43% during the forecast period of 2025 through 2032.
Infrared (IR) LED Key Market Trends :
Increase in Demand for Security and Surveillance Systems: With the growing need for enhanced security, IR LEDs are playing a critical role in improving the performance of security and surveillance cameras. Their ability to provide clear images in low-light or nighttime conditions makes them indispensable for both residential and commercial security.
Integration of IR LEDs in Automotive Applications: IR LEDs are increasingly used in automotive applications, particularly in autonomous driving systems, where they are used in LIDAR, night vision, and proximity sensors. This trend is set to rise as more vehicles are equipped with autonomous driving technologies.
Advancements in Facial and Iris Recognition Systems: The increasing use of IR LEDs in biometric authentication, such as iris and facial recognition systems, is a key trend. These technologies benefit from the ability of IR LEDs to capture clear images in various lighting conditions, enabling secure access in multiple industries.
Growth of Virtual Reality (VR) and Augmented Reality (AR) Devices: The use of IR LEDs in VR and AR devices is expected to grow as these technologies gain popularity. IR LEDs are essential for providing accurate motion sensing, enabling precise user tracking in immersive environments.
Shift Towards Higher Wavelengths for Longer Range Applications: As IR LED technology advances, there is a shift toward using LEDs with longer wavelengths (940nm-1720nm), providing enhanced performance in applications requiring longer range capabilities, such as automotive night vision and remote sensing.
Infrared (IR) LED Market Regional Analysis :
- North America:Strong demand driven by EVs, 5G infrastructure, and renewable energy, with the U.S. leading the market.
- Europe:Growth fueled by automotive electrification, renewable energy, and strong regulatory support, with Germany as a key player.
- Asia-Pacific:Dominates the market due to large-scale manufacturing in China and Japan, with growing demand from EVs, 5G, and semiconductors.
- South America:Emerging market, driven by renewable energy and EV adoption, with Brazil leading growth.
- Middle East & Africa:Gradual growth, mainly due to investments in renewable energy and EV infrastructure, with Saudi Arabia and UAE as key contributors.
Infrared (IR) LED Market Segmentation :
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
- EVERLIGHT
- Epistar
- Osram
- DOWA
- Lite-On Technology
- Vishay Intertechnology
- Luminus
- Ushio
- AU Optronics (Lextar)
- Showa Denko (SDK)
- Lumileds
- Kingbright
- HPLighting
- ON Semiconducts
- Rohm Semiconductor
Market Segmentation (by Type)
- 700nm-850nm
- 850nm-940nm
- 940nm-1020nm
- 1020nm-1720nm
Market Segmentation (by Application)
- Security and Surveillance
- Iris & Facial Recognition
- Automotive
- Computer and Office
- VR Device
- Others
Drivers
Rising Demand for Security Solutions: The increasing need for surveillance in both public and private sectors is driving the growth of the IR LED market. IR LEDs are crucial for providing clear visibility in low-light conditions, making them an essential component in security cameras and systems.
Expansion of Autonomous Vehicle Technologies: As autonomous vehicles become more common, the demand for IR LEDs in automotive applications is growing. These LEDs are critical for providing night vision and aiding LIDAR sensors in detecting obstacles and ensuring safety.
Growth of Biometric Authentication: The need for more secure systems in sectors such as banking, healthcare, and government has led to a rise in the adoption of biometric technologies, including iris and facial recognition, which depend on IR LEDs for accurate image capture.
Restraints
High Manufacturing Costs: Advanced IR LEDs, particularly those used in high-performance applications like autonomous vehicles and biometric systems, can be expensive to produce. The high costs can be a barrier to widespread adoption, especially in price-sensitive markets.
Limited Range in Certain Applications: While IR LEDs are effective in many applications, their range can be limited compared to other lighting technologies. For example, in long-range applications like remote sensing, other technologies may offer better performance, limiting the market potential for IR LEDs in some areas.
Competition from Alternative Technologies: Alternative technologies, such as laser-based systems for LIDAR and other sensors, are competing with IR LEDs in some high-end applications, especially in the automotive sector. These alternatives may offer more accurate or longer-range capabilities, which could hinder IR LED growth.
Opportunities
Growing Adoption of Smart Cities: As smart cities become more common, the demand for surveillance and security systems that use IR LEDs will increase. The ability of IR LEDs to provide nighttime visibility is key to ensuring public safety in smart city environments.
Advancements in Automotive Sensors: The rapid growth of autonomous driving technology presents a significant opportunity for IR LED manufacturers. As vehicles become more reliant on sensors and night vision systems, the demand for high-performance IR LEDs is expected to rise.
Expansion in Consumer Electronics: As consumer electronics, particularly in VR/AR and gaming devices, continue to evolve, IR LEDs will play an essential role in enhancing user experiences. The growing popularity of AR and VR devices in entertainment and training applications presents opportunities for IR LED adoption.
Challenges
Technological Advancements in Competing Technologies: As LIDAR and other advanced technologies evolve, they may offer superior performance compared to IR LEDs, especially in long-range and high-resolution applications. This technological progression may limit the dominance of IR LEDs in certain markets.
Environmental Concerns: The environmental impact of manufacturing processes for IR LEDs, including energy consumption and waste, can be a concern for both manufacturers and consumers. Increasing pressure for more sustainable practices may drive the need for greener production methods.
Integration Complexities: The integration of IR LEDs into complex systems, such as autonomous vehicles or high-security surveillance systems, can be challenging. Ensuring seamless operation within larger systems requires advanced technology and careful design, which can increase development time and costs.
Key Benefits of This Market Research:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Infrared (IR) LED Market
- Overview of the regional outlook of the Infrared (IR) LED Market:
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FAQs
Q1: What are the key driving factors and opportunities in the IR LED market?
A1:Key driving factors include the rising demand for security systems, the expansion of autonomous vehicle technologies, and the growing adoption of biometric authentication. Opportunities are also found in the growing use of smart city infrastructure, advancements in automotive sensors, and the rise of VR and AR devices.
Q2: Which region is projected to have the largest market share in the IR LED market?
A2:North America is expected to hold a significant share of the IR LED market, with the market size estimated at USD 206.15 million in 2023. The region is projected to grow at a CAGR of 9.43% from 2025 to 2032, driven by the increasing demand in automotive, security, and biometric applications.
Q3: Who are the top players in the global IR LED market?
A3:Leading players in the global IR LED market include EVERLIGHT, Epistar, Osram, DOWA, Lite-On Technology, Vishay Intertechnology, Luminus, Ushio, AU Optronics (Lextar), Showa Denko (SDK), Lumileds, Kingbright, HPLighting, ON Semiconductors, and Rohm Semiconductor.
Q4: What are the latest technological advancements in the IR LED industry?
A4:Recent advancements include the development of IR LEDs with longer wavelengths (940nm-1720nm), which are used in automotive and remote sensing applications for better range and performance. Additionally, there have been improvements in the efficiency and miniaturization of IR LEDs for integration into compact devices.
Q5: What is the current size of the global IR LED market?
A5:The global IR LED market was valued at USD 660.70 million in 2023 and is projected to reach USD 1690.09 million by 2032, growing at a CAGR of 11.00% during the forecast period.
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