The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
IR LED-Global Market Insights and Sales Trends 2024
Synopsis
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 LED’s have a wide field of view. These LED’s find their extensive use in security and surveillance cameras, along with automated driving vehicles.
The IR LED market is gaining popularity in remote-controlled advanced security cameras, which help to keep a surveillance check, especially on the consumer goods in retail sector. Each of these cameras consists of multiple rings of IR LEDs to provide night vision capabilities, thus there could be from 20 to 40 IR LEDs sold with each camera. However, as the market for sensors in smartphones and tablets is witnessing saturation, the IR LED market is also observing slight saturation, in terms of advanced technologies & designs, which is expected to restrain the market growth.
The global IR LED market size is expected to reach US$ 817.1 million by 2029, growing at a CAGR of 8.5% from 2023 to 2029. The market is mainly driven by the significant applications of IR LED in various end use industries. The expanding demands from the Optical Sensing, Automated Drive Systems, Security & Surveillance and Others, are propelling IR LED market. IR LED Chip, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the IR LED Package segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for IR LED market, driven by demand from China, the second largest economy with some signs of stabilising, the IR LED market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for IR LED, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global IR LED market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global IR LED market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, IR LED sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of IR LED covered in this report include NICHIA CORPORATION, Kingbright Electronic Co., Ltd, OSRAM Opto Semiconductors GmbH, Epistar Corporation, Everlight Electronics Co. Ltd., High Power Lighting Corporation, EPILEDS Co. Ltd., ON Semiconducts and Koninklijke Philips N.V., etc.
The global IR LED market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NICHIA CORPORATION
Kingbright Electronic Co., Ltd
OSRAM Opto Semiconductors GmbH
Epistar Corporation
Everlight Electronics Co. Ltd.
High Power Lighting Corporation
EPILEDS Co. Ltd.
ON Semiconducts
Koninklijke Philips N.V.
Lextar Electronics Corporation
Global IR LED market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global IR LED market, Segment by Type:
IR LED Chip
IR LED Package
Global IR LED market, by Application
Optical Sensing
Automated Drive Systems
Security & Surveillance
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of IR LED manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of IR LED in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 LED’s have a wide field of view. These LED’s find their extensive use in security and surveillance cameras, along with automated driving vehicles.
The IR LED market is gaining popularity in remote-controlled advanced security cameras, which help to keep a surveillance check, especially on the consumer goods in retail sector. Each of these cameras consists of multiple rings of IR LEDs to provide night vision capabilities, thus there could be from 20 to 40 IR LEDs sold with each camera. However, as the market for sensors in smartphones and tablets is witnessing saturation, the IR LED market is also observing slight saturation, in terms of advanced technologies & designs, which is expected to restrain the market growth.
The global IR LED market size is expected to reach US$ 817.1 million by 2029, growing at a CAGR of 8.5% from 2023 to 2029. The market is mainly driven by the significant applications of IR LED in various end use industries. The expanding demands from the Optical Sensing, Automated Drive Systems, Security & Surveillance and Others, are propelling IR LED market. IR LED Chip, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the IR LED Package segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for IR LED market, driven by demand from China, the second largest economy with some signs of stabilising, the IR LED market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for IR LED, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global IR LED market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global IR LED market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, IR LED sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of IR LED covered in this report include NICHIA CORPORATION, Kingbright Electronic Co., Ltd, OSRAM Opto Semiconductors GmbH, Epistar Corporation, Everlight Electronics Co. Ltd., High Power Lighting Corporation, EPILEDS Co. Ltd., ON Semiconducts and Koninklijke Philips N.V., etc.
The global IR LED market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NICHIA CORPORATION
Kingbright Electronic Co., Ltd
OSRAM Opto Semiconductors GmbH
Epistar Corporation
Everlight Electronics Co. Ltd.
High Power Lighting Corporation
EPILEDS Co. Ltd.
ON Semiconducts
Koninklijke Philips N.V.
Lextar Electronics Corporation
Global IR LED market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global IR LED market, Segment by Type:
IR LED Chip
IR LED Package
Global IR LED market, by Application
Optical Sensing
Automated Drive Systems
Security & Surveillance
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of IR LED manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of IR LED in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 IR LED Market Overview
1.1 IR LED Product Overview
1.2 IR LED Market Segment by Type
1.2.1 IR LED Chip
1.2.2 IR LED Package
1.3 Global IR LED Market Size by Type
1.3.1 Global IR LED Market Size Overview by Type (2018-2029)
1.3.2 Global IR LED Historic Market Size Review by Type (2018-2023)
1.3.3 Global IR LED Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America IR LED Sales Breakdown by Type (2018-2023)
1.4.2 Europe IR LED Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific IR LED Sales Breakdown by Type (2018-2023)
1.4.4 Latin America IR LED Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa IR LED Sales Breakdown by Type (2018-2023)
2 Global IR LED Market Competition by Company
2.1 Global Top Players by IR LED Sales (2018-2023)
2.2 Global Top Players by IR LED Revenue (2018-2023)
2.3 Global Top Players by IR LED Price (2018-2023)
2.4 Global Top Manufacturers IR LED Manufacturing Base Distribution, Sales Area, Product Type
2.5 IR LED Market Competitive Situation and Trends
2.5.1 IR LED Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by IR LED Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in IR LED as of 2022)
2.7 Date of Key Manufacturers Enter into IR LED Market
2.8 Key Manufacturers IR LED Product Offered
2.9 Mergers & Acquisitions, Expansion
3 IR LED Status and Outlook by Region
3.1 Global IR LED Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global IR LED Historic Market Size by Region
3.2.1 Global IR LED Sales in Volume by Region (2018-2023)
3.2.2 Global IR LED Sales in Value by Region (2018-2023)
3.2.3 Global IR LED Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global IR LED Forecasted Market Size by Region
3.3.1 Global IR LED Sales in Volume by Region (2024-2029)
3.3.2 Global IR LED Sales in Value by Region (2024-2029)
3.3.3 Global IR LED Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global IR LED by Application
4.1 IR LED Market Segment by Application
4.1.1 Optical Sensing
4.1.2 Automated Drive Systems
4.1.3 Security & Surveillance
4.1.4 Others
4.2 Global IR LED Market Size by Application
4.2.1 Global IR LED Market Size Overview by Application (2018-2029)
4.2.2 Global IR LED Historic Market Size Review by Application (2018-2023)
4.2.3 Global IR LED Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America IR LED Sales Breakdown by Application (2018-2023)
4.3.2 Europe IR LED Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific IR LED Sales Breakdown by Application (2018-2023)
4.3.4 Latin America IR LED Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa IR LED Sales Breakdown by Application (2018-2023)
5 North America IR LED by Country
5.1 North America IR LED Historic Market Size by Country
5.1.1 North America IR LED Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America IR LED Sales in Volume by Country (2018-2023)
5.1.3 North America IR LED Sales in Value by Country (2018-2023)
5.2 North America IR LED Forecasted Market Size by Country
5.2.1 North America IR LED Sales in Volume by Country (2024-2029)
5.2.2 North America IR LED Sales in Value by Country (2024-2029)
6 Europe IR LED by Country
6.1 Europe IR LED Historic Market Size by Country
6.1.1 Europe IR LED Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe IR LED Sales in Volume by Country (2018-2023)
6.1.3 Europe IR LED Sales in Value by Country (2018-2023)
6.2 Europe IR LED Forecasted Market Size by Country
6.2.1 Europe IR LED Sales in Volume by Country (2024-2029)
6.2.2 Europe IR LED Sales in Value by Country (2024-2029)
7 Asia-Pacific IR LED by Region
7.1 Asia-Pacific IR LED Historic Market Size by Region
7.1.1 Asia-Pacific IR LED Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific IR LED Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific IR LED Sales in Value by Region (2018-2023)
7.2 Asia-Pacific IR LED Forecasted Market Size by Region
7.2.1 Asia-Pacific IR LED Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific IR LED Sales in Value by Region (2024-2029)
8 Latin America IR LED by Country
8.1 Latin America IR LED Historic Market Size by Country
8.1.1 Latin America IR LED Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America IR LED Sales in Volume by Country (2018-2023)
8.1.3 Latin America IR LED Sales in Value by Country (2018-2023)
8.2 Latin America IR LED Forecasted Market Size by Country
8.2.1 Latin America IR LED Sales in Volume by Country (2024-2029)
8.2.2 Latin America IR LED Sales in Value by Country (2024-2029)
9 Middle East and Africa IR LED by Country
9.1 Middle East and Africa IR LED Historic Market Size by Country
9.1.1 Middle East and Africa IR LED Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa IR LED Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa IR LED Sales in Value by Country (2018-2023)
9.2 Middle East and Africa IR LED Forecasted Market Size by Country
9.2.1 Middle East and Africa IR LED Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa IR LED Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 NICHIA CORPORATION
10.1.1 NICHIA CORPORATION Company Information
10.1.2 NICHIA CORPORATION Introduction and Business Overview
10.1.3 NICHIA CORPORATION IR LED Sales, Revenue and Gross Margin (2018-2023)
10.1.4 NICHIA CORPORATION IR LED Products Offered
10.1.5 NICHIA CORPORATION Recent Development
10.2 Kingbright Electronic Co., Ltd
10.2.1 Kingbright Electronic Co., Ltd Company Information
10.2.2 Kingbright Electronic Co., Ltd Introduction and Business Overview
10.2.3 Kingbright Electronic Co., Ltd IR LED Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Kingbright Electronic Co., Ltd IR LED Products Offered
10.2.5 Kingbright Electronic Co., Ltd Recent Development
10.3 OSRAM Opto Semiconductors GmbH
10.3.1 OSRAM Opto Semiconductors GmbH Company Information
10.3.2 OSRAM Opto Semiconductors GmbH Introduction and Business Overview
10.3.3 OSRAM Opto Semiconductors GmbH IR LED Sales, Revenue and Gross Margin (2018-2023)
10.3.4 OSRAM Opto Semiconductors GmbH IR LED Products Offered
10.3.5 OSRAM Opto Semiconductors GmbH Recent Development
10.4 Epistar Corporation
10.4.1 Epistar Corporation Company Information
10.4.2 Epistar Corporation Introduction and Business Overview
10.4.3 Epistar Corporation IR LED Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Epistar Corporation IR LED Products Offered
10.4.5 Epistar Corporation Recent Development
10.5 Everlight Electronics Co. Ltd.
10.5.1 Everlight Electronics Co. Ltd. Company Information
10.5.2 Everlight Electronics Co. Ltd. Introduction and Business Overview
10.5.3 Everlight Electronics Co. Ltd. IR LED Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Everlight Electronics Co. Ltd. IR LED Products Offered
10.5.5 Everlight Electronics Co. Ltd. Recent Development
10.6 High Power Lighting Corporation
10.6.1 High Power Lighting Corporation Company Information
10.6.2 High Power Lighting Corporation Introduction and Business Overview
10.6.3 High Power Lighting Corporation IR LED Sales, Revenue and Gross Margin (2018-2023)
10.6.4 High Power Lighting Corporation IR LED Products Offered
10.6.5 High Power Lighting Corporation Recent Development
10.7 EPILEDS Co. Ltd.
10.7.1 EPILEDS Co. Ltd. Company Information
10.7.2 EPILEDS Co. Ltd. Introduction and Business Overview
10.7.3 EPILEDS Co. Ltd. IR LED Sales, Revenue and Gross Margin (2018-2023)
10.7.4 EPILEDS Co. Ltd. IR LED Products Offered
10.7.5 EPILEDS Co. Ltd. Recent Development
10.8 ON Semiconducts
10.8.1 ON Semiconducts Company Information
10.8.2 ON Semiconducts Introduction and Business Overview
10.8.3 ON Semiconducts IR LED Sales, Revenue and Gross Margin (2018-2023)
10.8.4 ON Semiconducts IR LED Products Offered
10.8.5 ON Semiconducts Recent Development
10.9 Koninklijke Philips N.V.
10.9.1 Koninklijke Philips N.V. Company Information
10.9.2 Koninklijke Philips N.V. Introduction and Business Overview
10.9.3 Koninklijke Philips N.V. IR LED Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Koninklijke Philips N.V. IR LED Products Offered
10.9.5 Koninklijke Philips N.V. Recent Development
10.10 Lextar Electronics Corporation
10.10.1 Lextar Electronics Corporation Company Information
10.10.2 Lextar Electronics Corporation Introduction and Business Overview
10.10.3 Lextar Electronics Corporation IR LED Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Lextar Electronics Corporation IR LED Products Offered
10.10.5 Lextar Electronics Corporation Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 IR LED Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 IR LED Industrial Chain Analysis
11.4 IR LED Market Dynamics
11.4.1 IR LED Industry Trends
11.4.2 IR LED Market Drivers
11.4.3 IR LED Market Challenges
11.4.4 IR LED Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 IR LED Distributors
12.3 IR LED Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest IT & Electronics Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
