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Infrared LED Market: Good Opportunity to Hit New Growth Level 2020-2026

Author : Ronak Bora | Published Date : 2020-09-03 

Infrared (IR) LED market positive application outlook in surveillance, imaging and consumer electronics is likely to drive industry outlook. IR LED systems are experiencing high adoption across industries, smart cities and for military applications.

The integration of disruptive technologies like loT and smart sensors in surveillance systems to improve the performance will boost the adoption of these components. Surveillance systems have always proved to be crucial in critical situations. For instance, NYPD directed the use of its surveillance cameras network to fight against the COVID-19 outbreak and track the population in the city following the social distancing initiatives.

Escalating demand for strong surveillance systems across various industries and majorly from military sector for night vision will favor product proliferation in the coming years.

Estimates suggests that globally, Infrared (IR) LED Market will exceed US$1 billion in terms of yearly remunerations by 2026

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Owing to increased demand for advanced electronic gadgets, smartphone manufacturers are collaborating with Infrared (IR) LED Market manufacturers to integrate iris and facial recognition with IR technology. For instance, Osram introduced an IR LED in 2018, that has a wavelength of 940nm for 2D facial recognition and can be integrated into both tablets and smartphones. These components also have high potential in AR/VR and wearable devices, which may offer growth opportunities for IR LED industry players.

Top Key Player Are:

  • EPILEDS
  •  Epistar Corporation
  •  Everlight Electronics Co. Ltd
  •  Excelitas Technologies Corporation
  •  High Power Lightning Corporation
  •  Kingbright
  •  Lextar Electronics
  •  Lite-On Inc.
  •  Lumileds
  •  Luna Optoelectronics
  •  Marktech Optoelectronics
  •  Nichia Corporation
  •  ON Semiconductor
  •  Osram Opto Semiconductors Inc.
  •  ROHM Semiconductor
  •  TE Connectivity Measurement Specialities
  •  Ushio OPTO Semiconductors Inc.
  •  Vishay Intertechnology
  •  Wurth Electronics Inc.

Infrared LED used in imaging application enables the delivery of high-quality image as well as enhanced image processing algorithms. These IR LED devices for image processing are ideal for use in a wide range of applications including medicine, industries, handheld mobile devices and defense & security sector.

Expansive product application range has prompted industry players to further innovate new products to gain competitiveness in the industry landscape. Lumileds announced the introduction of its new IR LED product in 2019. The product is excellent for hyperspectral imaging as well as spectroscopy applications. Infrared (IR) LED Market is likely to grow at 7% from imaging applications over 2020-2026.

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Table of Content:

Chapter 4.   Infrared (IR) LED Market, By Spectral Range (Revenue, Shipment)

4.1.  Key trends, by spectral range

4.2.  700nm – 850nm

4.2.1. Market estimates and forecast, 2016 - 2026

4.3.  850nm – 950nm

4.3.1. Market estimates and forecast, 2016 - 2026

4.4.  950nm-1020nm

4.4.1. Market estimates and forecast, 2016 - 2026

4.5.  1020nm- 1720nm

4.5.1. Market estimates and forecast, 2016 - 2026

Chapter 5.   Infrared (IR) LED Market, By Application (Revenue & Shipments)

5.1.  Key trends, by application

5.2.  Biometrics

5.2.1. Market estimates and forecast, 2016 - 2026

5.3.  Imaging

5.3.1. Market estimates and forecast, 2016 - 2026

5.4.  Lighting

5.4.1. Market estimates and forecast, 2016 - 2026

5.5.  Remote sensing

5.5.1. Market estimates and forecast, 2016 - 2026

5.6.  Surveillance

5.6.1. Market estimates and forecast, 2016 - 2026

Chapter 6.   Infrared (IR) LED Market, By End-Use (Revenue & Shipments)

6.1.  Key trends, by end-use

6.2.  Aerospace & defense

6.2.1. Market estimates and forecast, 2016 - 2026

6.3.  Automotive

6.3.1. Market estimates and forecast, 2016 - 2026

6.4.  BFSI

6.4.1. Market estimates and forecast, 2016 - 2026

6.5.  Consumer electronics

6.5.1. Market estimates and forecast, 2016 - 2026

6.6.  Education

6.6.1. Market estimates and forecast, 2016 - 2026

6.7.  Healthcare

6.7.1. Market estimates and forecast, 2016 - 2026

6.8.  Industrial

6.8.1. Market estimates and forecast, 2016 - 2026

6.9.  Retail

6.9.1. Market estimates and forecast, 2016 - 2026

Browse complete Table of Contents (ToC) of this research report @  https://www.gminsights.com/toc/detail/infrared-ir-led-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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