Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 680.00 Million |
| USD 2,300.00 Million | |
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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.
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.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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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
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Market Players Covered
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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)
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Market Opportunities
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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.
Drivers
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.
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.
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
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
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
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
Application
End User
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.
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:
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To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Lighting Infrared Led Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Lighting Infrared Led Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
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.
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.