Infrared (Ir) Light-Emitting Diode (Led) Market Size to grow by USD 313.1 million between 2024-2028

Technavio, a leading provider of market research reports, has released its latest study on Infrared (Ir) Light-Emitting Diode (Led) Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges. In the realm of autonomous driving technology, driver monitoring systems are essential for ensuring safe handover of vehicle control from automation to human intervention. These systems utilize specialized infrared image sensors to closely monitor drivers' eye movements and facial expressions. The infrared LEDs employed in these sensors must align with the sensitivity peak of the image sensor and provide adequate brightness without posing eye safety risks or disturbing the driver. The system can alert an exhausted driver to pull over and rest, in addition to supporting other advanced driver assistance systems (ADAS) features, such as lane departure warnings and autonomous-to-manual driving mode transitions.

Key Highlights

Growth Projections

The global infrared (ir) light-emitting diode (led) market  size is estimated to grow by USD 313.1 mn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 9.45% during the forecast period. Increasing government security initiatives for video surveillance is driving market growth, with a trend towards increasing application of infrared light-emitting diodes to assist driver monitoring systems  However, time-to-market pressure on infrared light-emitting diode manufacturers  poses a challenge.Key market players include Adolf Wurth GmbH and Co. KG, ams OSRAM AG, Ennostar Inc., Epileds Technologies Inc., EVERLIGHT ELECTRONICS CO. LTD., EXALOS AG, Excelitas Technologies Corp., High Power Lighting Corp., Kingbright Electronic Co. Ltd., Kioxia Corp., Lumileds Holding BV, Luna Innovations Inc., Marktech Optoelectronics Inc., Nichia Corp., ROHM Co. Ltd., TE Connectivity Ltd., Toyoda Gosei Co. Ltd., Ushio America Inc., Vishay Intertechnology Inc., and Wolfspeed Inc..

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Major Findings

• The Infrared (Ir) Light-Emitting Diode (LED) market is experiencing significant growth due to increasing government initiatives for video surveillance. Ir LEDs are essential for night vision applications in security systems, making them indispensable in this sector. The demand for advanced security solutions, particularly in public areas and critical infrastructure, is driving the market forward. Government investments in smart cities and infrastructure development are further fueling the market's expansion. Ir LEDs offer several advantages, including energy efficiency, long lifespan, and high performance, making them a preferred choice for security applications.


• The integration of biometric technology in consumer electronics is driving the growth of the Infrared (Ir) Light-Emitting Diode (LED) market. Ir LEDs play a crucial role in biometric recognition systems, enabling them to function effectively in various lighting conditions. As the demand for advanced security features in consumer devices continues to rise, the Ir LED market is poised for significant expansion. This trend is expected to persist, making Ir LEDs an essential component in the burgeoning biometrics industry.


• Infrared (Ir) Light-Emitting Diodes (LEDs) are in high demand due to their applications in various industries, including automotive, healthcare, and security systems. Manufacturers of Ir LEDs are under significant time-to-market pressure to meet the increasing demand for these components. This pressure stems from the rapid advancements in technology and the growing competition in the market. To remain competitive, Ir LED manufacturers must continuously innovate and improve their products while ensuring efficient and timely production processes. This requires a strong focus on research and development, as well as effective supply chain management and collaboration with key partners. By staying agile and responsive to market trends, Ir LED manufacturers can meet the demands of their customers and maintain their market position.


• The Infrared (Ir) Light-Emitting Diode (LED) market is experiencing a significant supply-demand gap. The increasing demand for Ir LEDs in various applications, including night vision systems, automatic door sensors, and remote controls, is outpacing the current supply. This discrepancy is attributable to the complex manufacturing process and high investment required for producing Ir LEDs, which limits the supply growth. As a result, market players are focusing on expanding their production capacity to meet the escalating demand and bridge the supply-demand gap.

Market Research Overview

The global semiconductor market encompasses semiconductor manufacturers producing integrated circuits (ICs) such as memory, logic, analog, and micro components, optoelectronics, sensors, and discrete semiconductors. According to Technavio, the market size is determined by the revenue generated from the shipment of semiconductor ICs to original equipment manufacturers (OEMs) and original design manufacturers (ODMs). This includes ICs from both fab and fabless companies, as well as integrated device manufacturers (IDMs). The market's growth is attributed to substantial investments in constructing new semiconductor fabrication plants (fabs) and expanding existing ones, driven by the increasing demand for advanced technology and miniaturization in various industries, particularly in the automotive, consumer electronics, and industrial sectors.

The Infrared (Ir) Light-Emitting Diode (Led) Market is experiencing significant growth, fueled by the Increasing government security initiatives for video surveillance. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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Regional Insights

The Infrared (Ir) Light-Emitting Diode (LED) market represents a significant business opportunity due to the growing demand for Ir LEDs in various industries. Key applications include remote control systems, automotive, and industrial automation. Ir LEDs offer advantages such as longer operational life, higher reliability, and lower power consumption compared to traditional incandescent bulbs. Market growth is driven by increasing adoption in consumer electronics, security systems, and healthcare applications. Companies in this sector should focus on innovation, cost competitiveness, and strategic partnerships to capitalize on this promising market trend.

Research Analysis Overview

The Infrared (Ir) Light-Emitting Diode (LED) market is experiencing significant growth due to its applications in various industries, including Night Vision, Infrared cameras for security systems, Sign exchange systems for space optical communication, Clinical treatment machines, and Remote controllers. The market is driven by the use of Ir LEDs in the spectral range of 700-1100nm, primarily made of Aluminum Gallium Arsenide and Gallium Arsenide. Ir LEDs find extensive use in consumer electronics such as smartphones for penetrating displays and automatic detection sensors. In the Aerospace and Defense sector, Ir LEDs are used for temperature sensing, imaging, and biometric systems due to their energy efficiency and advanced technology. Ir LEDs are also used in smart lighting systems for energy-efficient lighting and in automotive electronics for advanced vehicle systems and security cameras. The market is expected to grow further with technology advancements in Ir LEDs for use in smart home appliances, healthcare devices, and automotive safety systems. The frequency of Ir LEDs can be modulated for various applications, including Ir beams for remote control systems and Ir communication for security systems.

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