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Add to CartGlobal Lighting Infrared LED Market Growth, Share, Size, Trends and Forecast (2024 - 2030)
By Power ;
Low, Medium and High.By End Use;
Aerospace & Defense, Automotive, BFSI, Consumer Electronics, Education and Healthcare.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).Introduction
Global Lighting Infrared LED Market (USD Million), 2020 - 2030
In the year 2023, the Global Lighting Infrared LED Market was valued at USD 732.82 million. The size of this market is expected to increase to USD 1,719.76 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 13.0%.
The global lighting infrared LED market is experiencing robust growth driven by a wide range of applications across industries such as security and surveillance, automotive, consumer electronics, healthcare, and industrial automation. Infrared LEDs emit light in the infrared spectrum, which is invisible to the human eye but can be detected by sensors and cameras equipped with infrared detection capabilities. This makes them invaluable for applications such as night vision systems, motion detection, proximity sensing, and data transmission. With the increasing emphasis on security, automation, and connectivity, the demand for infrared LEDs continues to rise, fueling market expansion.
Technological advancements and innovations in infrared LED technology are driving market growth and expanding the range of applications for these devices. Manufacturers are developing infrared LEDs with higher power output, greater efficiency, and improved reliability to meet the evolving needs of end-users. Additionally, the integration of infrared LEDs with advanced materials, such as gallium nitride (GaN) and indium gallium arsenide (InGaAs), enables the production of compact, high-performance devices suitable for diverse applications. Moreover, advancements in packaging technologies, such as chip-on-board (COB) and surface-mount device (SMD) packaging, enhance thermal management, reliability, and ease of integration, further driving market adoption.
Furthermore, the global lighting infrared LED market is poised for significant growth opportunities driven by emerging trends such as 3D sensing, facial recognition, and LiDAR (Light Detection and Ranging) technology. Infrared LEDs play a critical role in enabling these technologies by providing illumination for depth sensing, object detection, and gesture recognition applications. Additionally, the growing adoption of infrared LEDs in automotive safety systems, such as driver monitoring, collision avoidance, and autonomous driving, presents lucrative opportunities for market expansion. As industries continue to leverage the capabilities of infrared LEDs for a wide range of applications, the global market is expected to witness sustained growth, with opportunities for innovation and diversification across various sectors.
Global Lighting Infrared LED Market Report Snapshot
| Parameters | Description |
|---|---|
| Market | Global Lighting Infrared LED Market |
| Study Period | 2020 - 2030 |
| Base Year (for Lighting Infrared LED Market Size Estimates) | 2023 |
| Drivers |
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| Restraints |
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| Opportunities |
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Segment Analysis
This report extensively covers different segments of Global Lighting Infrared LED Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments. In this report, the analysis for every market segment is substantiated with relevant data points and, insights that are generated from analysis of these data points (data trends and patterns).
The global lighting infrared LED market has been segmented by power, end use, and geography to provide a comprehensive analysis of market dynamics and opportunities. The segmentation by power includes low power, medium power, and high power infrared LEDs, catering to diverse application requirements ranging from short-range sensing to long-range illumination. End-use segmentation encompasses a wide range of industries such as security and surveillance, automotive, consumer electronics, healthcare, and industrial automation. Each industry segment presents unique opportunities and challenges for infrared LED manufacturers, driving innovation and customization to meet specific application needs.
Geographically, the market segmentation enables a detailed analysis of regional trends, market dynamics, and growth prospects across key regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. While mature markets in North America and Europe exhibit steady demand for infrared LEDs driven by advanced security systems, automotive safety features, and consumer electronics applications, the Asia-Pacific region presents lucrative growth opportunities fueled by rapid industrialization, urbanization, and infrastructure development. Emerging economies in Asia-Pacific, such as China, India, and Southeast Asian countries, are witnessing increasing adoption of infrared LEDs in various applications, supported by rising disposable incomes, technological advancements, and government initiatives promoting smart city development and digitalization.
Overall, the segmentation of the global lighting infrared LED market enables stakeholders to identify key growth segments, target specific customer needs, and formulate effective strategies for market penetration and expansion. By understanding the demand drivers, end-user preferences, and regional dynamics within each segment, manufacturers can optimize their product offerings, distribution channels, and marketing strategies to capitalize on emerging opportunities and stay competitive in the rapidly evolving landscape of the global infrared LED market.
Global Lighting Infrared LED Segment Analysis
In this report, the Global Lighting Infrared LED Market has been segmented by Power , End Use and Geography.
Global Lighting Infrared LED Market, Segmentation by Power
The Global Lighting Infrared LED Market has been segmented by Power into Low, Medium and High.
The segmentation of the global lighting infrared LED market by power into low, medium, and high categories offers insights into the diverse range of applications and requirements across various industries. Low-power infrared LEDs typically find applications in proximity sensors, remote controls, and data transmission devices where energy efficiency and compact size are paramount. These LEDs are favored for battery-powered devices and applications where power consumption needs to be minimized. Medium-power infrared LEDs are commonly used in security cameras, motion sensors, and industrial automation systems, offering a balance between power output and energy efficiency. They provide sufficient illumination for medium-range detection and sensing applications.
On the other hand, high-power infrared LEDs cater to applications requiring intense illumination over long distances, such as long-range surveillance, automotive LiDAR systems, and industrial machine vision. These LEDs offer higher output levels and longer operational ranges compared to their low and medium-power counterparts, making them suitable for demanding applications where precision and reliability are critical. High-power infrared LEDs are often integrated into advanced security and surveillance systems, enabling long-distance detection and identification of objects in various environments. Additionally, they play a crucial role in automotive safety systems, providing illumination for advanced driver-assistance systems (ADAS) and autonomous driving applications.
The segmentation of the global lighting infrared LED market by power enables manufacturers to address the diverse needs of customers and industries, offering tailored solutions that meet specific application requirements. By offering a range of power options, manufacturers can cater to different performance criteria, operational ranges, and energy efficiency considerations. Moreover, advancements in LED technology and manufacturing processes continue to drive improvements in power efficiency, reliability, and performance across all power categories, further expanding the scope of applications for infrared LEDs in various industries.
Global Lighting Infrared LED Market, Segmentation by End Use
The Global Lighting Infrared LED Market has been segmented by End Use into Aerospace & Defense, Automotive, BFSI, Consumer Electronics, Education and Healthcare.
The segmentation of the global lighting infrared LED market by end use reflects the diverse range of industries and applications that leverage this technology. In the aerospace and defense sector, infrared LEDs play a critical role in night vision systems, surveillance cameras, and military-grade equipment. Their ability to provide covert illumination in low-light conditions is invaluable for security and reconnaissance purposes, making them indispensable components in aircraft, drones, and military vehicles. Additionally, infrared LEDs are used in target acquisition, navigation, and communication systems, enhancing situational awareness and operational effectiveness for defense forces worldwide.
In the automotive industry, infrared LEDs find applications in advanced driver assistance systems (ADAS), night vision cameras, and gesture recognition systems. As vehicle safety and automation technologies continue to evolve, infrared LEDs enable features such as pedestrian detection, blind spot monitoring, and lane departure warning systems. Moreover, infrared LEDs are used in automotive interior lighting, remote keyless entry systems, and driver monitoring systems, enhancing comfort, convenience, and safety for vehicle occupants. With the rise of electric and autonomous vehicles, the demand for infrared LEDs in automotive applications is expected to grow further, driving market expansion in the coming years.
Furthermore, the consumer electronics sector represents a significant market opportunity for lighting infrared LEDs, with applications ranging from remote controls and smart home devices to virtual reality (VR) and augmented reality (AR) headsets. Infrared LEDs enable features such as gesture recognition, facial recognition, and eye tracking in consumer electronics products, enhancing user interaction and experience. Additionally, infrared LEDs are used in infrared remote controls for TVs, air conditioners, and other home appliances, offering reliable and energy-efficient control solutions. As consumer demand for intuitive and immersive technology experiences grows, the adoption of infrared LEDs in consumer electronics is expected to increase, driving market growth and innovation in this segment.
Global Lighting Infrared LED Market, Segmentation by Geography
In this report, the Global Lighting Infrared LED Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Lighting Infrared LED Market Share (%), by Geographical Region, 2023
The global lighting infrared LED market share varies across different geographical regions, reflecting differences in demand, technological adoption, and market dynamics. In North America, the market holds a significant share, driven by the region's robust demand for security and surveillance systems, automotive applications, and consumer electronics. Additionally, technological advancements and the presence of key players contribute to the region's strong market position. The increasing adoption of infrared LEDs in emerging applications such as 3D sensing and LiDAR technology further propels market growth in North America.
In Europe, the lighting infrared LED market also commands a notable share, supported by stringent regulatory standards, which drive the adoption of energy-efficient lighting solutions. Moreover, the region's focus on automotive safety and connectivity fosters demand for infrared LEDs in advanced driver assistance systems (ADAS), driver monitoring, and vehicle-to-vehicle communication applications. Furthermore, the presence of leading automotive manufacturers and research institutions in Europe stimulates innovation and product development in the lighting infrared LED market, contributing to the region's market share.
In the Asia-Pacific region, the lighting infrared LED market is witnessing rapid growth, fueled by the expansion of manufacturing industries, increasing urbanization, and rising disposable incomes. Countries such as China, Japan, South Korea, and India are major contributors to market growth in the region, driven by the growing adoption of infrared LEDs in security cameras, smartphones, automotive electronics, and industrial automation. Furthermore, government initiatives promoting energy efficiency and technological innovation further boost market expansion in the Asia-Pacific region. As a result, Asia-Pacific is expected to continue gaining market share in the global lighting infrared LED market in the coming years, driven by evolving consumer preferences and increasing demand across various industries.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Lighting Infrared LED Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Demand for Security Solutions
- Advancements in Technology
- Growth in Automotive Applications-The growth of the global lighting infrared LED market within automotive applications is accelerating, driven by the increasing integration of infrared LED technology in advanced driver assistance systems (ADAS), interior lighting, and exterior lighting solutions. Infrared LEDs play a crucial role in enhancing safety and convenience features in modern vehicles. They are utilized in applications such as night vision systems, pedestrian detection, blind-spot monitoring, and adaptive headlights, providing drivers with improved visibility and awareness of their surroundings, especially in low-light conditions or adverse weather.
The proliferation of autonomous driving technologies is further fueling the demand for infrared LEDs in the automotive sector. Infrared LEDs are integral components of LiDAR (Light Detection and Ranging) systems, which are used for real-time 3D mapping and object detection in autonomous vehicles. These LEDs emit infrared light pulses, which are then reflected off objects and detected by sensors, enabling accurate distance measurements and object recognition. As automakers continue to invest in developing self-driving vehicles, the demand for infrared LEDs for LiDAR applications is expected to surge, driving market growth within the automotive sector.
The automotive industry's focus on enhancing interior comfort, aesthetics, and user experience is driving the adoption of infrared LEDs for interior lighting applications. Infrared LEDs are used in ambient lighting systems, touchless gesture control interfaces, and occupant monitoring systems, providing passengers with customizable lighting options and intuitive interaction capabilities. Additionally, infrared LEDs are employed in exterior lighting solutions such as brake lights, turn signals, and headlight assist systems, contributing to improved visibility, safety, and aesthetics of vehicles. As automakers prioritize innovation and differentiation in their product offerings, the demand for infrared LEDs in automotive applications is poised for significant growth, presenting lucrative opportunities for manufacturers in the global market.
Restraints:
- High Manufacturing Costs
- Regulatory Hurdles
- Competition from Alternatives-Competition from alternatives presents a significant challenge in the global lighting infrared LED market, as traditional lighting technologies and alternative sensing solutions vie for market share. While infrared LEDs offer numerous advantages such as energy efficiency, durability, and reliability, they face competition from alternative technologies such as incandescent lamps, fluorescent lights, and halogen lamps in certain applications. These traditional lighting technologies continue to be widely used in various sectors, particularly in general lighting applications where cost-effectiveness and simplicity of implementation are prioritized over advanced features.
Infrared LEDs face competition from alternative sensing solutions such as passive infrared (PIR) sensors and microwave sensors in security and surveillance applications. PIR sensors, for example, detect motion by measuring changes in infrared radiation emitted by warm objects in their field of view, offering a simpler and often more cost-effective solution for motion detection compared to infrared LED-based systems. Similarly, microwave sensors utilize radio waves to detect motion, offering advantages in certain environments where infrared-based sensors may be less effective, such as outdoor areas with variable temperature conditions or high levels of ambient infrared radiation.
Despite the competition from alternatives, the global lighting infrared LED market continues to grow due to the unique advantages offered by infrared LED technology in terms of versatility, sensitivity, and integration capabilities. Manufacturers are continuously innovating to enhance the performance and efficiency of infrared LEDs, making them more attractive for a wide range of applications. Additionally, emerging applications such as 3D sensing, LiDAR technology, and advanced surveillance systems present new opportunities for infrared LED adoption, driving market growth and differentiation amidst competition from alternatives.
Opportunities:
- Emerging 3D Sensing Applications
- Expansion into Healthcare
- Integration with IoT Devices-The integration of lighting infrared LED technology with Internet of Things (IoT) devices is driving significant innovation and market growth in various industries. Infrared LEDs play a crucial role in IoT applications by providing illumination for sensors and cameras, enabling enhanced monitoring, detection, and data transmission capabilities. With the proliferation of IoT devices in smart homes, smart cities, industrial automation, and wearable technology, the demand for infrared LEDs continues to rise. These devices enable seamless connectivity and communication between objects, enabling real-time data collection, analysis, and decision-making, thus revolutionizing various sectors.
In the realm of smart homes and buildings, infrared LEDs integrated with IoT devices facilitate advanced security and automation functionalities. Infrared sensors and cameras equipped with LEDs enable motion detection, facial recognition, and night vision capabilities, enhancing home security systems and surveillance cameras. Moreover, IoT-enabled lighting systems with integrated infrared LEDs offer energy-efficient lighting solutions that can be controlled remotely via smartphones or voice commands. This integration enables personalized lighting settings, occupancy detection, and energy savings, enhancing comfort and convenience for occupants while reducing energy consumption.
In industrial and commercial settings, the integration of lighting infrared LEDs with IoT devices enables advanced monitoring and control of machinery, equipment, and processes. Infrared sensors and cameras integrated with IoT platforms provide real-time insights into operational performance, equipment condition, and safety compliance. Additionally, IoT-enabled lighting systems with infrared LEDs support predictive maintenance strategies by detecting anomalies and identifying potential issues before they escalate. This integration enhances operational efficiency, reduces downtime, and improves workplace safety, contributing to overall productivity and cost savings for businesses. As the IoT ecosystem continues to expand, the integration of lighting infrared LEDs with IoT devices presents extensive opportunities for innovation and value creation across industries.
Competitive Landscape Analysis
Key players in Global Lighting Infrared LED Market include:
- OSRAM Opto Semiconductors GmbH
- Nichia Corporation
- Cree, Inc.
- Lumileds Holding B.V. (a subsidiary of Royal Philips)
- Seoul Semiconductor Co., Ltd.
- Everlight Electronics Co., Ltd.
- Vishay Intertechnology, Inc.
- Epistar Corporation
- Lite-On Technology Corporation
- Lextar Electronics Corporation
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Power
- Market Snapshot, By End Use
- Market Snapshot, By Region
- Global Lighting Infrared LED Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Demand for Security Solutions
- Advancements in Technology
- Growth in Automotive Applications
- Restraints
- High Manufacturing Costs
- Regulatory Hurdles
- Competition from Alternatives
- Opportunities
- Emerging 3D Sensing Applications
- Expansion into Healthcare
- Integration with IoT Devices
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Lighting Infrared LED Market By Power , 2020 - 2030 (USD Million)
- Low
- Medium
- High
- Global Lighting Infrared LED Market, BY End Use , 2020 - 2030 (USD Million)
- Aerospace & Defense
- Automotive, BFSI
- Consumer Electronics
- Education
- Healthcare
- Global Lighting Infrared LED Market, By Geography, 2020 - 2030 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Lighting Infrared LED Market By Power , 2020 - 2030 (USD Million)
- Competitive Landscape
- Company Profiles
- OSRAM Opto Semiconductors GmbH
- Nichia Corporation
- Cree, Inc.
- Lumileds Holding B.V. (a subsidiary of Royal Philips)
- Seoul Semiconductor Co., Ltd.
- Everlight Electronics Co., Ltd.
- Vishay Intertechnology, Inc.
- Epistar Corporation
- Lite-On Technology Corporation
- Lextar Electronics Corporation
- Company Profiles
- Analyst Views
- Future Outlook of the Market
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