Infrared Radiation (Ir) Emitter And Receiver Market Size to grow by USD 677 million between 2024-2028
According to a research report “ Infrared Radiation (Ir) Emitter And Receiver Market” by End-user (Consumer electronics, IR cameras and sensors, Remotes) Application (Thermal heating, Sensing monitoring and detection, Imaging, Data transmission, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 677 million, at a CAGR of 4.92% during the forecast period. The IR emitter and receiver market have experienced significant growth due to several business-driven factors. The declining cost of IR sensors, driven by an increasing number of local vendors in the Asia Pacific region, has increased demand and enabled vendors to operate at higher production capacities, reducing fixed costs and unit prices. Customization offered by local vendors provides a competitive edge, compelling global vendors to adjust their pricing strategies accordingly.
Browse market data tables, figures, and in-depth TOC on “Infrared Radiation (Ir) Emitter And Receiver Market” by End-user (Consumer electronics, IR cameras and sensors, Remotes) Application (Thermal heating, Sensing monitoring and detection, Imaging, Data transmission, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample
By End-user, the Consumer electronics segment is projected to dominate the market size in 2024
Infrared radiation (IR) emitters and receivers are essential components in thermal heating systems, offering several advantages over conventional heating methods for various applications, particularly in the food processing industry. IR heating utilizes electromagnetic waves in the infrared region to transfer thermal energy directly to materials with lower temperatures, bypassing the need for heating the surrounding air. This energy-efficient and convenient method is widely used in electronic appliances such as microwaves. Compared to conventional heating methods, IR heating offers numerous benefits, including high heat delivery rates, reduced processing times, enhanced product quality and safety, and improved energy efficiency. Key thermal heating processes include laser, microwave, hot shoe, hot gas, flame, oven, induction, ultrasonic, and resistance heating. IR heating's direct heat transfer and minimal environmental impact make it a preferred choice for industries seeking to optimize their processes while minimizing energy consumption and negative environmental footprints.
By Application, Thermal heating segment is expected to hold the largest market size for the year 2024
The consumer electronics market is experiencing a shift towards advanced technologies, with older devices such as fixed-lens cameras, portable media players, feature phones, e-readers, and analog TVs witnessing declining sales. However, this trend has been offset by the growing popularity of newer technologies like smartphones, digital TVs, compact-system cameras, and tablets. The younger generation's lifestyle choices and increasing purchasing power are driving the adoption of these advanced technologies. Moreover, the affordability of products like smartphones is fueling the global infrared radiation (IR) emitter and receiver market. Additionally, the sales of gaming consoles and air conditioners have also recorded growth. As the consumer electronics industry expands, the demand for IR emitters and receivers, which are integral to consumer electronic products for signal decoding and encoding, is likewise rising.
APAC is forecasted to hold the largest market size by region in 2024
The Infrared Radiation (IR) Emitter and Receiver Market represents a significant business opportunity for technology innovators. These components are essential for various applications, including industrial automation, remote control systems, and temperature sensing. IR emitters convert electrical energy into IR radiation, while receivers detect and convert IR signals into electrical energy. Market growth is driven by increasing demand for non-contact temperature measurement and automation in industries. Companies focusing on improving product efficiency, reliability, and cost-effectiveness will gain a competitive edge.
The Infrared Radiation (Ir) Emitter And Receiver Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Infrared Radiation (IR) emitter and receiver market encompasses various applications, including Surveillance, Military, Telecommunication, and Consumer Electronics. In Surveillance and Military sectors, IR emitters and receivers are used for Night Vision, Thermal Heating, and Motion Tracking. These technologies enable effective Sensing and Monitoring in low-light conditions, enhancing security systems and military operations. In Telecommunication, IR is used for Data Transmission in the long, medium, and short wavelength spectral range. This technology is essential for Controller communication in various industries, including Virtual Reality and Gaming consoles. Furthermore, IR plays a significant role in Consumer Electronics, such as IR remote controls for Air Conditioners, Audio Systems, Televisions, and Smart Home Devices. IR sensors are also used in IoT devices, Smart speakers, and Smart TVs for various functions, including voice recognition and motion detection. The IR emitter and receiver market caters to various industries, including Night Vision Security cameras and systems, Far Infrared for thermal imaging, and Near Infrared for various applications. With the growing demand for advanced technologies, the market for IR emitters and receivers is expected to grow significantly in the coming years.
Market Research Overview
The Infrared Radiation (IR) emitter and receiver market is a strategic one, with significant growth potential in various industry verticals. IR technology is widely used in automation, fire detection, and IR imaging devices, among others. In the manufacturing sector, IR sensors are essential for material modeling and heat processes. In the security and defense sector, IR technology is used for surveillance, securities, and counter-terrorism measures. IR imaging devices find applications in military, telecommunication, and data transmission. The IR receiver and emitter market is expanding in the entertainment sector, with applications in DVD players, AC, television, and consumer electronics. The rising disposable incomes in emerging economies and digitalization are driving the demand for IR technology in various applications. The IR emitter and receiver market also cater to the automotive sector, where they are used in perimeter security, access control, and unmanned aerial vehicles (UAVs) like drones. IR sensors are also used in biometric systems like face recognition, fingerprint recognition, and motion detection sensors for security applications. The IR market includes various spectral ranges, such as Far Infrared, Long Wavelength, Medium Wavelength, Short Wavelength, and Near Infrared. The IR emitter market is witnessing rising integration of Infrared LEDs, while the IR receiver market is used for motion detection, night vision, security cameras, and surveillance systems. The historical period has seen the use of IR technology in controller communication, motion tracking, virtual reality, gaming consoles, IoT devices, smart speakers, smart TVs, and smart home devices, among others. The IR remote is a common application of IR technology in air conditioners, audio systems, and televisions. In conclusion, the Infrared Radiation emitter and receiver market is a dynamic and growing one, with applications in various industry verticals, including automation, security, defense, entertainment, automotive, and consumer electronics. The market is driven by factors such as digitalization, rising disposable incomes, and increasing security concerns.
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