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

By Type Of IR LED;

Standard IR LEDs and High-Power IR LEDs.

By Spectral Range;

700nm – 850nm, 850nm – 950nm, 950nm-1020nm, and 1020nm- 1720nm.

By Application;

Biometrics, Imaging, Lighting, Remote Sensing, and Surveillance.

By End-Use;

Aerospace & Defense, Automotive, BFSI, Consumer Electronics, Education, Healthcare, Industrial, and Retail.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn625963843 Published Date: May, 2025 Updated Date: June, 2025

Introduction

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

In the year 2024, the Global Infrared (IR) LED Market was valued at USD 819.02 million. The size of this market is expected to increase to USD 1,616.47 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.2%.


Global Infrared (IR) LED Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 10.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.2 %
Market Size (2024)USD 819.02 Million
Market Size (2031)USD 1,616.47 Million
Market ConcentrationLow
Report Pages306
819.02
2024
1,616.47
2031

Major Players

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

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Infrared (IR) LED Market

Fragmented - Highly competitive market without dominant players


The Global Infrared (IR) LED Market is experiencing significant growth due to increasing demand across various industries, including consumer electronics, automotive, security & surveillance, and healthcare. IR LEDs are widely used in applications such as night vision cameras, biometric recognition systems, remote controls, and optical communication. Their ability to provide high efficiency, low power consumption, and compact size has made them a preferred choice for multiple technological advancements. As industries continue to integrate IR technology for enhanced sensing, security, and automation, the market is set to expand at a robust pace.

The growing adoption of biometric authentication and facial recognition systems in smartphones, smart homes, and access control systems is a key driver for the IR LED market. Governments and businesses worldwide are implementing contactless authentication solutions for improved security, further boosting demand. Additionally, advancements in machine vision, automotive driver monitoring systems, and industrial automation are contributing to the increasing utilization of IR LEDs. As companies focus on enhancing low-light imaging and gesture recognition, the market is expected to witness continuous innovation and investment.

Geographically, Asia Pacific dominates the IR LED market, driven by strong manufacturing capabilities in countries like China, Japan, and South Korea. North America and Europe are also witnessing substantial growth due to the increasing adoption of security and surveillance systems, smart home technologies, and automotive innovations. With continuous advancements in infrared technology, higher wavelength efficiency, and miniaturization, the global IR LED market is poised for steady expansion over 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 Type of IR LED
    2. Market Snapshot, By Spectral Range
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-Use
    5. Market Snapshot, By Region
  4. Infrared (IR) LED Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Adoption of IR LEDs in Security & Surveillance Systems
        2. Growing Demand for Biometric Authentication and Facial Recognition
        3. Increasing Use of IR LEDs in Automotive ADAS and Night Vision Applications
      2. Restraints
        1. High Manufacturing Costs and Limited Efficiency in High-Power Applications
        2. Regulatory Challenges and Safety Concerns in Certain Infrared Applications
        3. Intense Market Competition and Price Pressure Among Manufacturers
      3. Opportunities
        1. Advancements in IR LED Technology for Medical and Industrial Applications
        2. Expansion of Smart Home and IoT-Based Infrared Solutions
        3. Increasing Demand for IR LEDs in Optical Communication and LiDAR Systems
    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. Infrared (IR) LED Market, By Type of IR LED, 2021 - 2031 (USD Million)

      1. Standard IR LEDs

      2. High-Power IR LEDs

    2. Infrared (IR) LED Market, By Spectral Range, 2021 - 2031 (USD Million)
      1. 700nm – 850nm
      2. 850nm – 950nm
      3. 950nm-1020nm
      4. 1020nm- 1720nm
    3. Infrared (IR) LED Market, By Application, 2021 - 2031 (USD Million)
      1. Biometrics
      2. Imaging
      3. Lighting
      4. Remote Sensing
      5. Surveillance
    4. Infrared (IR) LED Market, By End-Use, 2021 - 2031 (USD Million)
      1. Aerospace & Defense
      2. Automotive
      3. BFSI
      4. Consumer Electronics
      5. Education
      6. Healthcare
      7. Industrial
      8. Retail
    5. Infrared (IR) 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
      2. Epistar Corporation
      3. Everlight Electronics Co. Ltd
      4. Excelitas Technologies Corporation
      5. High Power Lighting Corporation
      6. Kingbright
      7. LED Engin Inc.
      8. Lextar Electronics Corporation
      9. Lite-On Inc.
      10. Lumileds
      11. Luna Optoelectronics
      12. Marktech Optoelectronics
      13. Nichia Corporation
      14. ON Semiconductor
      15. Osram Opto Semiconductors Inc.
      16. ROHM Semiconductor
      17. TE Connectivity Measurement Specialties
      18. Ushio OPTO Semiconductors Inc.
      19. Vishay Intertechnology
      20. Wurth Electronics Inc.
  7. Analyst Views
  8. Future Outlook of the Market