Global Infrared LED Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material Type;

Gallium Arsenide, Aluminum Gallium Arsenide, and Indium Gallium Arsenide.

By Application;

Biometrics, Imaging, Lighting, Remote Sensing and Surveillance.

By End Use;

Aerospace & Defense, Automotive, BFSI, Consumer Electronics, E-Commerce, Education, Healthcare and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn808540138 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Infrared LED Market (USD Million), 2021 - 2031

In the year 2024, the Global Infrared LED Market was valued at USD 821.47 million. The size of this market is expected to increase to USD 1,642.01 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.4%.

The global infrared LED market is a dynamic sector at the forefront of technological innovation, characterized by the widespread adoption of infrared LEDs across various industries. These LEDs emit infrared radiation, invisible to the human eye, and find extensive applications in night vision cameras, remote controls, security systems, and proximity sensors, among others. As industries continue to leverage the advantages of infrared technology for enhanced surveillance, communication, and automation, the market is witnessing steady growth propelled by advancements in material science, manufacturing techniques, and increasing demand for efficient sensing solutions.

Key factors driving the growth of the global infrared LED market include the rising demand for infrared LEDs in consumer electronics, automotive, healthcare, and industrial sectors. With the proliferation of smartphones, smart home devices, and automotive safety systems, there's a growing need for compact, energy-efficient infrared LEDs to enable features such as facial recognition, gesture control, and night vision capabilities. Moreover, advancements in infrared sensing technologies are fueling the development of innovative applications in healthcare, including pulse oximeters, temperature monitoring devices, and biometric sensors, driving further market expansion.

However, the global infrared LED market is not without its challenges. Intense competition among key players, coupled with rapid technological advancements, poses a threat to market incumbents. Additionally, concerns regarding the environmental impact of LED manufacturing processes and the disposal of electronic waste are prompting stakeholders to adopt sustainable practices. Nonetheless, with ongoing research and development efforts aimed at enhancing the performance and efficiency of infrared LEDs, coupled with increasing investments in emerging markets, the global infrared LED market is poised for significant growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Infrared LED Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Growing Demand for Security Solutions
        3. Expansion of IoT and Wearable Devices
      2. Restraints
        1. Regulatory Compliance and Standards
        2. Supply Chain Disruptions
        3. Competition from Alternative Technologies
      3. Opportunities
        1. Emerging Applications in Automotive Sector
        2. Healthcare and Biometric Applications
        3. Integration with Smart Home Devices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Infrared LED Market, By Material Type, 2021 - 2031 (USD Million)
      1. Gallium Arsenide
      2. Aluminum Gallium Arsenid
      3. Indium Gallium Arsenide
    2. Global Infrared LED Market, By Application, 2021 - 2031 (USD Million)
      1. Biometrics
      2. Imaging
      3. Lighting
      4. Remote Sensing
      5. Surveillance
    3. Global Infrared LED Market, By End Use, 2021 - 2031 (USD Million)
      1. Aerospace & Defense
      2. Automotive
      3. BFSI
      4. Consumer Electronics
      5. E-Commerce
      6. Education
      7. Healthcare
      8. Others
    4. Global Infrared LED Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Epileds Technologies
      2. Epistar Corporation
      3. Everlight Electronics Co. Ltd
      4. Excelitas Technologies Corporation
      5. High Power Lighting Corporation
      6. Kingbright
      7. Osram GmbH
      8. Lextar Electronics Corporation
      9. Lite-On Technology, Inc.
      10. Nichia Corporation
  7. Analyst Views
  8. Future Outlook of the Market