Global IR Emitter and Receiver Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

IR Emitters and IR Receivers.

By Application;

Security, Sensing and Test and Measurement.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn443604208 Published Date: December, 2024 Updated Date: January, 2025

Introduction

Global IR Emitter and Receiver Market (USD Million), 2020 - 2030

In the year 2023, the Global IR Emitter and Receiver Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%.

The Global IR Emitter and Receiver Market is experiencing significant growth, driven by the increasing demand for infrared technology across various industries. Infrared (IR) emitters and receivers are key components used for transmitting and receiving infrared light, playing a crucial role in a wide range of applications including consumer electronics, automotive systems, industrial automation, and healthcare devices. The market is characterized by continuous technological advancements and the development of more efficient, reliable, and cost-effective IR components.

In consumer electronics, IR technology is widely utilized in remote controls, smartphones, tablets, and smart home devices, enabling seamless and intuitive user interfaces. The growing adoption of home automation systems and smart devices has significantly contributed to the demand for IR emitters and receivers, enhancing the functionality and convenience of modern homes. Additionally, the proliferation of wearable technology and portable devices further boosts the market as manufacturers integrate IR sensors for features like gesture recognition and health monitoring.

The automotive industry is another major driver of the IR Emitter and Receiver Market. Advanced driver-assistance systems (ADAS), night vision systems, and in-car climate control systems rely heavily on IR technology for improved safety, comfort, and performance. The trend towards autonomous vehicles and the increasing emphasis on driver and passenger safety are propelling the demand for sophisticated IR solutions in the automotive sector, ensuring accurate detection and reliable operation in various driving conditions.

Industrial applications of IR emitters and receivers include automation, safety systems, and non-contact temperature measurements. In the healthcare sector, IR technology is pivotal in medical diagnostics and monitoring devices such as pulse oximeters, infrared thermometers, and blood glucose monitors. The need for precise, non-invasive measurement techniques and the rising demand for advanced healthcare solutions are significant factors driving market growth. Overall, the Global IR Emitter and Receiver Market is poised for substantial expansion, supported by diverse applications and ongoing innovations in infrared technology.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global IR Emitter and Receiver Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Consumer Electronics
        2. Automotive Safety Demand
        3. Industrial Automation Growth
        4. Healthcare Device Integration
      2. Restraints
        1. High Manufacturing Costs
        2. Technical Complexities
        3. Limited Standardization Issues
        4. Competitive Market Pressure
      3. Opportunities
        1. Smart Home Expansion
        2. Autonomous Vehicle Advances
        3. Emerging Markets Growth
        4. IoT Integration Potential
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global IR Emitter and Receiver Market, By Product Type, 2020 - 2030 (USD Million)
      1. IR Emitters
      2. IR Receivers
    2. Global IR Emitter and Receiver Market, By Application, 2020 - 2030 (USD Million)
      1. Security
      2. Sensing and Test
      3. Measurement
    3. Global IR Emitter and Receiver Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Rohm Semiconductor
      2. Lite-On Technology, Inc.
      3. Osram Opto Semiconductors GmbH
      4. Honeywell International, Inc.
      5. Cree, Inc.
      6. Flir Systems Inc.
      7. Murata Manufacturing Co., Ltd.
      8. Koninklijke Philips N.V.
  7. Analyst Views
  8. Future Outlook of the Market