Infrared LED Market

Global Infrared LED Market size was valued at USD 749.33 Mn 2024 and is expected to reach USD 1,640.45 Mn by 2032, at a CAGR of 10.29%

Infrared LED Market Overview:

An infrared LED is a semiconductor device that emits infrared signals when exposed to an electronic current. They are made of aluminum gallium arsenide or gallium arsenide. These are invisible because of their longer wavelength. Different types of infrared LED are small power LED, medium power LED and high power LED. They are used in signal transfer devices like televisions and cameras, etc. The infrared LED is becoming more popular because they are cheap, reliable, and have a long shelf life. Increasing usage of infrared LED in the machine to machine environment and internet of thing (IoT) devices due to its low power consumption and low heat generation capacity creates a huge demand for infrared LED devices.

The report has given historical market size at actuals from 2019 to 2024. The estimated year is 2025 and the market is forecasted through 2032.

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Infrared LED Market Dynamics:

The increasing population and growing demand for consumer electronics in households are driving the market growth. These infrared LED are used in television remote controls, automatic door controls, and also in IR video or audio communication. Growing demand for night vision cameras adds an advantage to the market growth. Because this infrared light illuminates objects at the night and provides high-quality nighttime surveillance video. In December 2022, “MOBOTIX AG” a global major in camera technology developed an omnidirectional camera by combining infrared and white light. It is possible to record color videos at night.

The development of the gaming industry and the increasing need for infrared LED in machine vision and safety are fueling the global market growth. Infrared LEDs are used in Microsoft Xbox for gesture control and recognition are booming the global market. PlayStation a global major in the gaming industry launched its PS5 and the company is expecting to touch of US$ 88 Bn in the overall games market. The development of intelligence lighting in the industrial internet of things (IIOT), and dynamic machine vision system are adding advantages to the growth of the market.

The growing need for infrared LED in surveillance like automatic number plate recognition and biometrics for Irish, fingerprint, and facial recognition are anticipating the market growth. Recently a global leader in semiconductor “OSRAM” has introduced SFH 4171S and SFH 4181S infrared LED sensors for face biometric in laptops.

The development of new technologies like UV LEDs and IREDs for domestic and automotive applications is attracting the global market. The use of LED in vision systems to recognize objects in difficult lighting conditions like surfaces and movements of objects are positively increasing the growth of the infrared LED market.

Some of the factors slowing the growth of the global infrared LED market are low penetration of technology in several regions, declining the cost of components, the difficulty of using an infrared camera indoors due to the presence of reflective surfaces like steel and glass doors, non-working of infrared frequencies through hard objects like walls and door and presence of shorter-range degrading its performance. The presence of a shorter range and effects of environmental conditions like fog, dust, and pollution is becoming a roadblock to market growth.

Infrared LED Market Segmentation:

Based on Wavelength Output, the Near-Infrared segment held the largest market share in 2024, due to its extensive use in consumer electronics, medical devices, and communication technologies. The rising demand for non-invasive monitoring applications in healthcare and advanced driver-assistance systems (ADAS) in the automotive sector contributes significantly to this growth. Although the Mid-Infrared segment is also growing due to its increasing applications in telecommunications, environmental monitoring, and medical diagnostics.

Based on application, the Consumer Electronics segment held the largest market share in the IR LED market in 2024. This growth is driven by the increasing integration of IR LEDs in devices such as smartphones, tablets, and smart home appliances for functionalities like facial recognition, gesture control, and remote sensing. The Surveillance and Security segment is also expected to experience significant growth, fueled by the rising demand for night vision cameras and advanced security systems that utilize IR LEDs for effective monitoring in low-light conditions.

Based on the Industry Segment, The Infrared LED market is sub-segmented into Telecommunication, Automotive, Retail, Healthcare, Consumer Electronics, and others. The consumer electronics segment dominates the market and it held a share of 47% in 2024. Rapid growth in the production of televisions and growing global attraction towards IoT devices are creating a huge demand for Infrared LED systems. Increasing developments in indoor and outdoor monitoring systems for controlling moving objects and its speed and door monitoring systems are adding advantage to the market growth. Healthcare segment dominating sector in infrared LED market.

Infrared LED Market regional insights:

Asia-Pacific is the dominating region in the global Infrared LED market. Presence of largely populated countries like china and India, increasing disposal income and changing lifestyle of the people propelling the market growth. New startup from china known as “Maxic Technology” received funding from “Sharewin Investment” for development of wireless charging chips and LED drivers. Development of new technology by SHINEON, an infrared LED manufacturer like IR VCSEL. Which is designed for filtering noise detection and TWS in ear detection. These recent advancement expecting to boost the global market positively. Joint venture by OSRAM and CONTINENTAL for the development intelligent light solution in automotive industry is expecting to fuel the global market.

North America is the second dominating region in the global infrared LED market. High production of electric vehicles, technological innovations and advanced use of health care equipment’s are driving the Infrared LED market growth in this region. In May 2022, PHOSEON TECHNOLOGY launched FireJet and FireEdge NIR explorer near infrared lamps for 3D printing and pinning on low migration application expecting to boost global market.

Growing use of infrared LED in military operations for identifying weaponised devices and hidden bombs, and visibility of targets at bad weather conditions like dust and fog etc.

The objective of the report is to present a comprehensive analysis of the global Infrared LED market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Infrared LED market dynamics, structure by analyzing the market segments and projecting the Infrared LED market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Infrared LED make the report investor’s guide.

Infrared LED Market Scope: Inquiry Before Buying

Infrared LED Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)

Infrared LED Market, Key Players are:

1. Epistar Corporation
2. Everlight Electronics Co. Ltd
3. Excelitas Technologies Corporation
4. High Power Lighting Corporation
5. Kingbright
6. OSRAM GmbH
7. Lextar Electronics Corporation
8. Lite-On Technology, Inc
9. Nichia Corporation
10. Luna Optoelectronics
11. Marktech Optoelectronics
12. Würth Elektronik GmbH & Co. KG
13. Lumileds
14. Koninklijke Philips N.V.
15. TE Connectivity
16. ROHM Co. Ltd.
17. ON Semiconductor
18. Opto Semiconductors GmbH
19. Ushio OPTO Semiconductors Inc.
20. Vishay Intertechnology, Inc.

Frequently Asked Questions:

1. Which region has the largest share in Infrared LED Market?
Ans: Asia-Pacific held the largest share in 2024.

2. What is the growth rate of the Infrared LED Market?
Ans: The Infrared LED Market is growing at a CAGR of 10.29 % during the forecasting period 2025-2032.

3. What segments are covered in Infrared LED Market?
Ans: Infrared LED Market is segmented into spectral range, application, and end-use.

4. Who are the key players in Infrared LED Market?
Ans: Epistar Corporation, Everlight Electronics Co. Ltd, Excelitas Technologies Corporation, High Power Lighting Corporation, Kingbright, OSRAM GmbH, Lextar Electronics Corporation, Lite-On Technology, Inc, Nichia Corporation, Luna Optoelectronics, Marktech Optoelectronics, Würth Elektronik GmbH & Co. KG, Lumileds, Koninklijke Philips N.V., TE Connectivity, ROHM Co. Ltd., ON Semiconductor, Opto Semiconductors GmbH, Ushio OPTO Semiconductors Inc., Vishay Intertechnology, Inc.

5. What is the study period of this market?
Ans: The Infrared LED Market is studied from 2024 to 2032.