Lighting Infrared LED Market Size, Share, Trends, Opportunities, Key Drivers and Growth Prospectus

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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. “Mediu

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

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.

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**Segments**

- **By Application**
- Surveillance
- Biometrics
- Automotive
- Others

- **By End-User**
- Residential
- Commercial
- Industrial

- **By Distribution Channel**
- Online
- Offline

The lighting infrared LED market is segmented based on application, end-user, and distribution channel. In terms of applications, the market is categorized into surveillance, biometrics, automotive, and others. The surveillance segment is witnessing significant growth due to the increasing demand for advanced security systems in various sectors. Biometrics applications are also gaining traction with the rising need for secure identification and authentication processes. The automotive sector is utilizing infrared LEDs for advanced driver assistance systems and night vision applications. When considering end-users, the market is divided into residential, commercial, and industrial segments. The residential sector is adopting infrared LEDs for home security systems and smart lighting solutions. Commercial facilities are incorporating these LEDs for indoor and outdoor lighting to enhance security and efficiency. The industrial segment is utilizing infrared LEDs for machine vision, surveillance, and automation processes. Regarding the distribution channel, the market is segmented into online and offline channels, with online platforms gaining popularity due to convenience and wider product variety.

**Market Players**

- Cree Inc.
- OSRAM GmbH
- Lumileds
- Epistar Corporation
- Everlight Electronics Co. Ltd.
- Lite-On Technology Corporation
- ROHM Semiconductor
- Kingbright Electronic Co. Ltd.
- Lextar Electronics Corporation
- Stanley Electric Co. Ltd.

Key market players in the lighting infrared LED industry include Cree Inc., OSRAM GmbH, Lumileds, Epistar Corporation, Everlight Electronics Co. Ltd., Lite-On Technology Corporation, ROHM Semiconductor, Kingbright Electronic Co. Ltd., Lextar Electronics Corporation, and Stanley Electric Co. Ltd. These companies are actively involved in product development, strategic collaborations, and mergers to expand their market presence and offer innovative lighting solutions integrated with infraredThe lighting infrared LED market is witnessing significant growth and competition with key players such as Cree Inc., OSRAM GmbH, and Lumileds leading the industry. Cree Inc., a prominent player in the market, focuses on enhancing its product portfolio with advanced technologies to cater to the increasing demand for infrared LEDs in various applications. OSRAM GmbH, a leading provider of lighting solutions, is known for its innovative products in the automotive sector, where the integration of infrared LEDs is crucial for driver assistance systems. Lumileds, another major player, emphasizes sustainability and energy efficiency in its infrared LED solutions, targeting both commercial and industrial sectors.

Epistar Corporation and Everlight Electronics Co. Ltd. are also key players in the lighting infrared LED market, continuously investing in research and development to offer cutting-edge products that meet the evolving needs of consumers. Lite-On Technology Corporation and ROHM Semiconductor focus on quality and reliability in their infrared LED offerings, catering to the growing demand for biometric applications and surveillance systems. Kingbright Electronic Co. Ltd. and Lextar Electronics Corporation are prominent players known for their wide range of infrared LED products suitable for various end-users, including residential and commercial sectors.

Stanley Electric Co. Ltd., a leading manufacturer of automotive lighting solutions, is actively involved in the development of innovative infrared LEDs for the automotive industry, contributing to improved safety and visibility on the road. These key market players leverage their strong distribution networks and strategic partnerships to expand their global presence and gain a competitive edge in the lighting infrared LED market. The market is characterized by rapid technological advancements, increasing investment in smart lighting solutions, and the growing adoption of infrared LEDs in diverse applications, driving the overall market growth.

In conclusion, the lighting infrared LED market is highly competitive, with key players focusing on innovation, product development, and strategic collaborations to meet the evolving demands of different applications and end-users. As the market continues to expand, companies are likely to invest in research and development to introduce new and improved infrared LED solutions that offer enhanced**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.**

The lighting infrared LED market is expected to witness substantial growth due to the increasing demand for advanced security systems, energy-efficient lighting solutions, and technological advancements in various industries. Key market players such as Cree Inc., OSRAM GmbH, and Lumileds continue to lead the industry by focusing on product innovation and strategic collaborations to cater to the evolving needs of consumers. The adoption of infrared LEDs in applications like biometrics, imaging, surveillance, and automotive is driving market growth significantly, with companies like Epistar Corporation and Everlight Electronics Co. Ltd. investing in R&D to offer cutting-edge solutions.

In the aerospace & defense sector, the demand for infrared LED lighting solutions is driven by the need for enhanced security and surveillance systems. The automotive industry is another key segment utilizing infrared LEDs for advanced driver assistance systems and night vision applications, with companies like Stanley Electric Co. Ltd. actively involved in developing innovative solutions for improved safety and visibility on the road. The healthcare industry is also adopting infrared LED technology for medical imaging and therapeutic

 

Key points covered in the report: -

  • The pivotal aspect considered in the global Lighting Infrared LED Market report consists of the major competitors functioning in the global market.
  • The report includes profiles of companies with prominent positions in the global market.
  • The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
  • The driving factors for the growth of the global Lighting Infrared LED Market are thoroughly explained along with in-depth descriptions of the industry end users.
  • The report also elucidates important application segments of the global market to readers/users.
  • This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
  • The experts also evaluate the export/import policies that might propel the growth of the Global Lighting Infrared LED Market.
  • The Global Lighting Infrared LED Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Lighting Infrared LED Market Landscape

Part 04: Global Lighting Infrared LED Market Sizing

Part 05: Global Lighting Infrared LED Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Reasons to Buy:

  • Review the scope of the Lighting Infrared LED Market with recent trends and SWOT analysis.
  • Outline of market dynamics coupled with market growth effects in coming years.
  • Lighting Infrared LED Market segmentation analysis includes qualitative and quantitative research, including the impact of economic and non-economic aspects.
  • Regional and country level analysis combining Lighting Infrared LED Market and supply forces that are affecting the growth of the market.
  • Market value data (millions of US dollars) and volume (millions of units) for each segment and sub-segment.
  • and strategies adopted by the players in the last five years.

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