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Global Infrared Lamps Market – Industry Trends and Forecast to 2029

Semiconductors and Electronics

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Global Infrared Lamps Market – Industry Trends and Forecast to 2029

  • Semiconductors and Electronics
  • Upcoming Report
  • Apr 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Infrared Lamps Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 570.79 Billion
Diagram Market Size (Forecast Year) USD 799.38 Billion
Diagram CAGR %

Major Markets Players

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Global Infrared Lamps Market, By Type (Near Infrared, Medium Infrared, and Far Infrared, On Casters, and On Tables), Product Type (Light Emitting Diodes, Laser Infrared Lamps), Downstream (Outdoor, and Indoor), Application (Heat Therapy, Dental Laboratories, Aesthetic Medicine, and Others), End User (Industrial Radiation Heating, Night Vision Device, Communication, Analytical Instrument, Food and Medical) - Industry Trends and Forecast to 2029

Infrared Lamps Market

Market Analysis and Size

The infrared lamps are widely utilized in radiant heating and building heating for industrial processes. These type of lamps are deployed for night vision devices where the visible light may be insufficient.

Global Infrared Lamps Market was valued at USD 570.79 million in 2021 and is expected to reach USD 799.38 million by 2029, registering a CAGR of 4.30% during the forecast period of 2022-2029. Food and Medical is expected to witness healthy growth in end user segment owing to the increase in research and development. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

Infrared lamps refer to the electrical devices that consist of an incandescent bulb that emits infrared radiation. The lamp functions at a lower filament temperature and delivers a large percentage of radiation. These lamps are highly beneficial for the heating process, and used for numerous commercial and industrial applications.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Near Infrared, Medium Infrared, and Far Infrared, On Casters, and On Tables), Product Type (Light Emitting Diodes, Laser Infrared Lamps), Downstream (Outdoor, and Indoor), Application (Heat Therapy, Dental Laboratories, Aesthetic Medicine, and Others), End User (Industrial Radiation Heating, Night Vision Device, Communication, Analytical Instrument, Food and Medical)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

Huizhou New Origin Software Co.,Ltd. (China), Canon Inc. (Japan), Cisco (US), D-Link Systems, Inc. (Taiwan), Koninklijke Philips N.V. (Netherlands), Lenovo (Hong Kong), Logitech (Switzerland), Microsoft (US), Nexia International Limited. (UK), Razer Inc. (US), Sony Corporation. (Japan), and Xiaomi (China), among others

Market Opportunities

  • Technological progression in infrared light treatment
  • Increase in the use of infrared lamps for treatment of acute and chronic pain
  • Rise in the use of night vision equipment

Infrared Lamps Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • Prevalence of Acute and Chronic Pain

The increase in the use of infrared lamps for treatment of acute and chronic pain such as neck pain, joint pain and back pain acts as one of the major factors driving the infrared lamps market. These lamps are considered highly effective in the field of medicine in terms of therapies.

  • Use in Night Vision Equipment

The rise in the use of night vision equipment accelerate the market growth. These lamps are deployed by law enforcement agencies and military, and as security cameras for security purposes.

  • Remote Control Devices

The increase in demand for infrared LEDs as they are effective, safer, and even free from side effects in clinical trials further influence the market. These LEDs are used in remote control devices and security cameras.

Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the infrared lamps market.

Opportunities

Furthermore, technological progression in infrared light treatment extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, advancing patient inclination approaching non-invasive method will further expand the market.

Restraints/Challenges

On the other hand, side consequences of light treatment including vomiting and hemialgia are expected to obstruct market growth. Stringent regulations are projected to challenge the infrared lamps market in the forecast period of 2022-2029.

This infrared lamps market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on infrared lamps market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Infrared Lamps Market

The COVID-19 had a negative impact on the infrared lamps market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand infrared lamps. The supply chain got hampered during the pandemic along with delay logistics activities. However, the infrared lamps market is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions.

Global Infrared Lamps Market Scope and Market Size

The infrared lamps market is segmented on the basis of type, product type, downstream, application and end uses. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Near Infrared
  • Medium Infrared
  • Far Infrared
  • On Casters
  • On Tables

Product Type

  • Light Emitting Diodes
  • Laser Infrared Lamps

Downstream

  • Outdoor
  • Indoor

Application

  • Heat Therapy
  • Dental Laboratories
  • Aesthetic Medicine
  • Others

End User

  • Industrial Radiation Heating
  • Night Vision Device
  • Communication
  • Analytical Instrument
  • Food and Medical

Infrared Lamps Market Regional Analysis/Insights

The infrared lamps market is analysed and market size insights and trends are provided by country, type, product type, downstream, application and end uses as referred above.

The countries covered in the infrared lamps market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the infrared lamps market because of the prevalence of skin diseases skin diseases including dermatitis and skin melanoma, among others.

Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 because of the robust niche of key manufacturing professionals in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Infrared Lamps Market

The infrared lamps market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to infrared lamps market.

Some of the major players operating in infrared lamps market are

  • Huizhou New Origin Software Co.,Ltd. (China)
  • Canon Inc. (Japan)
  • Cisco (US)
  • D-Link Systems, Inc. (Taiwan)
  • Koninklijke Philips N.V. (Netherlands)
  • Lenovo (Hong Kong)
  • Logitech (Switzerland)
  • Microsoft (US)
  • Nexia International Limited. (UK)
  • Razer Inc. (US)
  • Sony Corporation. (Japan)
  • Xiaomi (China)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The Infrared Lamps Market is expected USD 799.38 million by 2029.
The Infrared Lamps Market is expected to witness a CAGR of 4.30% during the forecast by 2029.
The Infrared Lamps Market is segmented by type, product type, downstream, application, and end-use.
Asia-Pacific (APAC) is expected to witness the expansion due to the robust niche of key manufacturing professionals in the region.
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