Image

Global Lighting Infrared LED Market – Industry Trends and Forecast to 2030

Semiconductors and Electronics

Image

Global Lighting Infrared LED Market – Industry Trends and Forecast to 2030

  • Semiconductors and Electronics
  • Upcoming Report
  • Sep 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Lighting Infrared LED Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 680.00 Million
Diagram Market Size (Forecast Year) USD 2,300.00 Million
Diagram CAGR %

Major Markets Players

  • EPILEDS TECHNOLOGIES
  • EPISTAR Corporation
  • Koninklijke Philips N.V.
  • TE Connectivity
  • Luna

Global Lighting Infrared LED Market, By Spectral range (Short-Wave Infrared (SWIR) LED, Medium-Wave Infrared (MWIR) LED, Long-Wave Infrared (LWIR) LED), Application (Biometrics, Imaging, Lighting, Remote Sensing, Surveillance), End-use (Aerospace & Defence, Automotive, BFSI, Consumer Electronics, Education, Healthcare, Industrial, Retail) – Industry Trends and Forecast to 2030.

Lighting Infrared LED Market

Lighting Infrared LED Market Analysis and Size

Infrared light-emitting diodes (LEDs) used in various lighting applications. Infrared LEDs emit light in the infrared spectrum, which is not visible to the human eye but can be detected by certain sensors and cameras. These LEDs are commonly used in applications such as surveillance systems, security cameras, automotive lighting, industrial automation, and remote controls.

Data Bridge Market Research analyses that the global lighting infrared LED market which was USD 680 million in 2022, is expected to reach USD 2,300 million by 2030, and is expected to undergo a CAGR of 13% during the forecast period 2023-2030. This indicates that the market value. “Medium-Wave Infrared (MWIR) LED” dominates the spectral range segment of the Infrared LED market owing to the growing demand for surgical/operating microscopes for microsurgeries of the brain and spine. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Lighting Infrared LED Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Spectral range (Short-Wave Infrared (SWIR) LED, Medium-Wave Infrared (MWIR) LED, Long-Wave Infrared (LWIR) LED), Application (Biometrics, Imaging, Lighting, Remote Sensing, Surveillance), End-use (Aerospace & Defence, Automotive, BFSI, Consumer Electronics, Education, Healthcare, Industrial, Retail)

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, South Africa, Egypt, Israel, 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

EPILEDS TECHNOLOGIES INC.(Taiwan), EPISTAR Corporation (Taiwan), Koninklijke Philips N.V. (Netherlands), TE Connectivity (Switzerland), Luna (India), Marktech Optoelectronics (U.S.), Everlight Electronics Co. Ltd (Taiwan), Excelitas Technologies Corp. (U.S.), High Power Lighting Corporation (Taiwan), Lextar Electronics Corporation, ROHM Co. Ltd. (China),  Kingbright Electronic Co. Ltd. (U.S.), Lite-On Inc. (Taiwan), Lumileds (U.S.), Nichia Corporation (Japan), ON Semiconductor (U.S.), Osram Opto Semiconductors GmbH (Germany), Ushio OPTO Semiconductors Inc (Japan), Vishay Intertechnology, Inc. (U.S.), Würth Elektronik GmbH & Co. KG (Germany)

Market Opportunities

  • Increasing adoption in smart cities
  • Increasing demand for advanced security and surveillance systems
  • Rising research and development opportunities

Market Definition

The global lighting infrared LED market refers to the market for infrared light-emitting diodes (LEDs) used specifically in lighting applications. Infrared LEDs are semiconductor devices that emit light in the infrared spectrum, which is not visible to the human eye but can be detected by certain sensors and cameras. The market encompasses the production, distribution, and sales of infrared LEDs designed for lighting purposes. These LEDs are utilized in various applications where infrared illumination is required, such as security and surveillance systems, automotive lighting, industrial automation, and consumer electronics.           

Lighting Infrared LED Market

Drivers

  • Increasing Demand for Surveillance and Security Systems

Infrared LEDs are widely used in surveillance cameras and security systems due to their ability to provide clear images in low-light or dark environments. The growing need for enhanced security measures in residential, commercial, and public areas is driving the demand for infrared LED lighting solutions.

  • Advancements in Automotive Technology

Infrared LEDs play a crucial role in automotive applications such as advanced driver assistance systems (ADAS) and night vision systems. The integration of infrared LEDs in vehicles enhances safety by improving visibility in adverse weather conditions and detecting pedestrians or obstacles. The growing automotive industry and the increasing adoption of advanced technologies in vehicles are driving the demand for infrared LED lighting solutions.

  • Growing Adoption of Smart Home Systems

Smart home systems are becoming increasingly popular, offering convenience, energy efficiency, and enhanced security. Infrared LEDs are used in smart home devices such as motion sensors, security cameras, and remote controls. The rising demand for smart home systems and the need for energy-efficient lighting solutions are driving the growth of the global infrared LED market.  

Opportunities

  • Increasing Adoption in Smart Cities

The global lighting infrared LED market is poised with significant opportunities for growth and expansion. One of the key opportunities lies in the increasing adoption in smart cities. As cities around the world strive to become smarter and more sustainable, the demand for advanced technologies, including infrared LED lighting solutions, is on the rise. Infrared LEDs are essential for smart city applications such as intelligent street lighting, surveillance systems, and traffic management. These LEDs offer energy efficiency, longer lifespan, and the ability to provide clear images in low-light or dark conditions, making them ideal for enhancing safety and security in urban environments. 

Restraint/Challenge

  • High Cost of Infrared LED Lights

One of the primary restraints is the high initial cost associated with infrared LED lighting solutions. Compared to traditional lighting technologies, infrared LEDs tend to be more expensive, which can deter cost-conscious consumers and businesses from adopting them on a large scale. Although the long-term cost savings and energy efficiency of infrared LEDs are significant, the upfront investment required can be a barrier to widespread adoption income countries are projected to challenge the market in the forecast period of 2023-2030.

This global lighting infrared LED 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 the global lighting infrared LED market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • In May 2023, Nichia has recently been honored with multiple awards and recognition at the commencement of LightFair 2023. The prestigious LEDs Magazine annual BrightStar Awards acknowledged Nichia's achievements by presenting awards to their Clear White color LED, the Super High Luminance 719, and the UVC 434C. Furthermore, the Clear White color LED received recognition from EdisonReport, being included in their annual Top 10 MUST SEE Products at LightFair 2023
  • In March 2023, Marktech Optoelectronics has announced the launch of its new hermetic SMD packaged 1.7 and 2.6 micron InGaAs PIN photodiodes (PDs). These photodiodes offer higher responsivity compared to most other InGaAs detectors available in the market. The innovative ATLAS brand package ensures exceptional performance and reliability, making it suitable for a wide range of applications including spacecraft, aerospace, medical, defense, wearables, and industrial factories.

Global Lighting Infrared LED Market Scope

The global lighting infrared LED market is segmented on the basis of spectral range, application and end user. The growth amongst these segments will help you analyse meagre 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.

Spectral Range

  • Short-Wave Infrared (SWIR) LED
  • Medium-Wave Infrared (MWIR) LED
  • Long-Wave Infrared (LWIR) LED

Application

  • Biometrics
  • Imaging
  • Lighting
  • Remote Sensing
  • Surveillance

End User

  • Aerospace & Defense
  • Automotive
  • BFSI
  • Consumer Electronics
  • Education
  • Healthcare
  • Industrial
  • Retail

Global Lighting Infrared LED Market Regional Analysis/Insights

The global lighting infrared LED market is analysed and market size insights and trends are provided by country, spectral range, application and end user as referenced above.

The countries covered in the Lighting Infrared LED 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, South Africa, Egypt, Israel, 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 global lighting infrared LED market because of its advanced technological infrastructure and high adoption of smart city initiatives, strong presence of major players in the market and rising number of research activities in this region.   

Asia-Pacific is expected to witness significant growth during the forecast period of 2023 to 2030 due to of rapid urbanization, increasing infrastructure development, and the adoption of advanced technologies in countries like China, Japan, and India. Additionally, the region's expanding automotive and consumer electronics industries contribute to the growing demand for infrared LED lighting solutions. Furthermore, favourable government initiatives and investments in smart city projects further drive the market growth in the Asia-Pacific 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 Global Lighting Infrared LED Market Share Analysis

The global lighting infrared LED 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 global lighting infrared LED market.

Some of the major players operating in the global lighting infrared LED market are:

  • EPILEDS TECHNOLOGIES INC.(Taiwan)
  • EPISTAR Corporation (Taiwan)
  • Koninklijke Philips N.V. (Netherlands)
  • TE Connectivity (Switzerland)
  • Luna (India)
  • Marktech Optoelectronics (U.S.)
  • Everlight Electronics Co. Ltd (Taiwan)
  • Excelitas Technologies Corp. (U.S.)
  • High Power Lighting Corporation (Taiwan)
  • Lextar Electronics Corporation, ROHM Co. Ltd. (China)
  • Kingbright Electronic Co. Ltd. (U.S.)
  • Lite-On Inc. (Taiwan)
  • Lumileds (U.S.)
  • Nichia Corporation (Japan)
  • ON Semiconductor (U.S.)
  • Osram Opto Semiconductors GmbH (Germany)
  • Ushio OPTO Semiconductors Inc (Japan)
  • Vishay Intertechnology, Inc. (U.S.)
  • Würth Elektronik GmbH & Co. KG (Germany)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

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.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Request for Demo

FREQUENTLY ASK QUESTIONS

Lighting Infrared LED Market will be worth USD 2,300 million by 2030.
Lighting Infrared LED Market growth rate is 13% during the forecast period.
Increasing Demand for Surveillance and Security Systems, Advancements in Automotive Technology, and Growing Adoption of Smart Home Systems are the growth drivers of the Lighting Infrared LED Market.
Spectral range, application and end-user are the factors on which the Lighting Infrared LED Market research is based.
Nichia has recently been honored with multiple awards and recognition at the commencement of LightFair 2023 and Marktech Optoelectronics has announced the launch of its new hermetic SMD packaged 1.7 and 2.6 micron InGaAs PIN photodiodes (PDs) are the latest developments in the Lighting Infrared LED Market.
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials