Infrared Radiation (Ir) Emitter And Receiver Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, UK, Germany - Size and Forecast 2024-2028

Infrared Radiation Emitter And Receiver Market Size 2024-2028 

The infrared radiation emitter and receiver market size is estimated to increase by USD 677 million at a CAGR of 4.92% between 2023 and 2028. The IR emitter and receiver market expansion hinges on several influential factors. Primarily, the adoption rate of IR sensors continues to escalate, driven by their application in various industries such as automotive, military, and industrial sectors. Additionally, the demand for long-wave infrared (LWIR) and medium-wave infrared (MWIR) cameras and sensors is surging due to their ability to detect and measure temperature and radiation levels in diverse environments. Furthermore, the trend toward discretionary spending is bolstering market growth, as organizations allocate more resources to research and development in this field.

What will be the Size of the Market During the Forecast Period?

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Market Dynamics and Customer Landscape

The Infrared Radiation emitter and receiver market encompasses various consumer electronics applications, including Televisions, Audio systems, Air conditioners, and Smart home devices. IR technology is integral to the functioning of Smart TVs and Smart speakers, enabling remote control and communication between IoT devices and their controllers. Additionally, IR technology is utilized in Gaming consoles for controller communication and in Virtual reality systems for motion tracking. Infrared radiation is also employed in Surveillance systems, Security cameras, and Night vision devices, extending their functionalities in various spectral ranges, such as Near Infrared, Short Wavelength, Medium Wavelength, Long Wavelength, and Far Infrared. Thermal Heating and Sensing Monitoring systems also utilize IR technology for imaging and Data Transmission purposes. The market for IR emitters and receivers holds significant potential in Telecommunication applications, particularly in Military and Surveillance sectors, where IR technology is used for vertical applications like Spectral Range analysis and Imaging. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Drivers

The increasing adoption of IR sensors is a key factor driving the growth of the global market. The declining IR sensor prices and increasing demand from APAC will allow vendors to increase production capacity and reduce IR sensor fixed costs or units, resulting in higher IR sensor adoption rates.

Additionally, rapid technological advancements have led to IR sensor applications in surveillance, automotive manufacturing and testing, gas and fire detection, IR spectroscopy (healthcare), food and pesticide quality control, and other commercial imaging applications. is increasing. Since IR transmitters and receivers are an integral part of IR sensors, increasing demand for IR sensors will create demand for IR transmitters and receivers during the forecast period.

Major Market Trends

The major trend in the expansion of the market is rising investments in autonomous cars. The development of autonomous vehicles has attracted the attention of numerous industry leaders. These vehicles integrate a number of electronic devices, including forward collision warning, lane departure warning, front-view camera systems, backup aid (smart cameras), autonomous brake systems, optical encoders, and LiDAR scanning.

Autonomous cars require sophisticated LiDAR systems to automatically control vehicle speed, distance from other vehicles, and braking in accordance with traffic conditions. For imaging, remote control, and scanning, LiDAR systems integrate a number of components, including IR sensors and camera systems. Additionally, during the projection period, such expanding investments in autonomous vehicles would propel demand for IR emitters and receivers.

Major Market Challenges

The market is significantly hampered by the high cost of InGaAs technology. The short-wave infrared (SWIR) cameras use the InGaAs technology for spectroscopic analyses, owing to the high peak wavelength of the emitted light and the quantum efficiency of these sensors compared with NIR-enhanced cooled or uncooled charge-coupled device (CCD) and complementary metal-oxide-semiconductor (CMOS) cameras. Due to the nature of InGaAs sensors, the high-quality output image of SWIR cameras is a challenge.

The InGaAs sensor architecture combines the silicon-based CMOS readout circuit with an InGaAs photosensitive array for the wavelength sensitivity of the sensor. However, this process of combining is both complex and time-consuming, adding to the production cost. The high production cost of the InGaAs technology-based sensors can hinder the adoption of IR sensors, which will adversely affect the global infrared radiation (IR) emitter and receiver market during the forecast period.

Key Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

 Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ams OSRAM AG - The company offers infrared radiation emitter and receiver that have automatic single alternative address option with split near or far photodiodes and offset emitter placement. 

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• ams OSRAM AG
• Excelitas Technologies Corp.
• Fluke Corp.
• Hamamatsu Photonics KK
• Heraeus Holding GmbH
• Honeywell International Inc.
• Leonardo DRS Inc.
• LITE ON Technology Corp.
• Murata Manufacturing Co. Ltd.
• PI Manufacturing Corp.
• ROHM Co. Ltd.
• Teledyne Technologies Inc.
• Texas Instruments Inc.
• Thales Group
• Toshiba Corp.
• TT Electronics Plc
• Ushio Inc.
• VIGO System SA
• Vishay Intertechnology Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Segmentation

By End-user 

The market share growth by the consumer electronics segment will be significant during the forecast period. The infrared radiation (IR) emitter and receiver market is experiencing significant growth in the consumer electronics sector. IR technology is increasingly being integrated into various devices such as televisions, audio systems, air conditioners, and smart home devices. IR remote controls are a common application, enabling users to operate their devices with ease. In the realm of smart devices, IR technology is utilized in smart TVs and smart speakers for controller communication and motion tracking.

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The consumer electronics segment was valued at USD 971.91 million in 2018. The Internet of Things and virtual reality technologies are also driving the demand for IR emitters and receivers. IR sensors are essential components in motion detection sensors used in security systems, surveillance systems, night vision, and motion detection applications. In the historical period, IR technology has been instrumental in security applications, including access control, perimeter security, and monitoring. Infrared LEDs are a crucial component of IR emitters, available in various spectral ranges, including near infrared, short wavelength, medium wavelength, long wavelength, and far infrared. IR emitters and receivers are also used in biometric systems, such as fingerprint recognition and face recognition, for sensing and monitoring. Moreover, IR technology is finding applications in uncrewed aerial vehicles (drones) and thermal heating systems. The rising integration of IR technology in gaming consoles, virtual reality, and motion tracking further boosts the market growth. 

By Region

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APAC is estimated to contribute 56% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Infrared Radiation (IR) emitters and receivers play a pivotal role in various industries, including telecommunication, military, surveillance, and automotive sectors. IR technology is instrumental in imaging and data transmission applications, enabling digitalization in diverse industry verticals. The armed forces and defense sector utilize IR technology for thermal imaging in night vision systems, while IR sensors are employed in fire detection and automation systems. Telecommunication companies leverage IR technology for heat processes and material modeling in manufacturing units. IR imaging devices and sensors are integral to security and defense systems, ensuring the safety and security of critical infrastructure against terrorism and surveillance threats.

Moreover, emerging economies with growing disposable incomes are witnessing increased demand for IR technology in consumer electronics such as television, AC, and DVD players. The market is experiencing significant growth due to the strategic importance of IR technology in various applications. IR technology is essential for military applications, including night vision systems, thermal imaging, and missile guidance systems. In the automotive sector, IR technology is used for automatic temperature control and safety systems. In the entertainment sector, IR technology is used in remote controls for various appliances and devices. The market is expected to grow further due to the increasing demand for IR technology in various applications. The market is driven by the need for advanced security and surveillance systems, the growing demand for IR technology in consumer electronics, and the increasing adoption of IR technology in manufacturing units for heat processes and material modeling. The market is also expected to be influenced by the increasing focus on automation and the growing importance of IR technology in the defense sector.

Segment Overview

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.

• End-user Outlook
  • Consumer electronics
  • IR cameras and sensors
  • Remotes
• Application Outlook 
  • Thermal heating
  • Sensing monitoring and detection
  • Imaging
  • Data transmission
  • Others
• Region Outlook
  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • South America
    • Chile
    • Argentina
    • Brazil
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

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Market Analyst Overview

Infrared radiation (IR) emitters and receivers play a significant role in various industries, including heating, automotive, and consumer electronics. IR emitters convert electrical energy into IR energy, which is then emitted as heat. On the other hand, IR receivers detect and convert IR energy into electrical signals. The market is driven by the increasing demand for energy-efficient solutions and the growing adoption of IR technology in various applications. IR emitters find extensive use in heating applications, such as radiant floor heating and IR heaters. In the automotive industry, IR sensors are used for various applications, including adaptive cruise control and parking assistance systems. IR receivers are used in remote controls, security systems, and temperature sensors. The market is expected to grow at a steady pace due to the increasing demand for IR technology in various applications. The market is also driven by the development of advanced IR sensors and the growing adoption of IR technology in the consumer electronics industry. IR emitters and receivers offer several advantages, including high accuracy, fast response time, and energy efficiency. These factors make IR technology an attractive option for various applications, leading to the growth of the market.

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What are the Key Data Covered in this Market Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
• Precise estimation of the size of the market  and its contribution of the market in focus to the parent market
• Accurate predictions about upcoming market growth and trends and changes in consumer behaviour
• Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa
• Thorough analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of market companies