Infrared (IR) LEDs are the
transmitters which emit IR rays at a longer wavelength than visible
light. These devices are made up of aluminum arsenide or aluminum
gallium arsenide and have an operating voltage of around 1.4V. The IR
LED emits wavelength at the range of 760 nm and is thus invisible to
the human eye. Increasing adoption of 6-inch sapphire wafer substrate
is gaining prominence as the 6-inch wafer reduces the cost of LEDs
when compared to 2-inch wafers. The 6-inch wafers makes the
production more efficient as there is no space wasted and edge losses
are reduced.
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Growing demand of infrared
LEDs for integration of hyper spectral imaging and remote sensing in
consumer electronics, automotive, and other allied industries is
expected to drive the industry over the forecast timeline. Increasing
popularity of these devices amongst end-users DIY (do-it-yourself)
security cameras is anticipated to support the industry demand.
Rising security concerns and ever expanding smartphone industry are
fulfilling the demand of infrared LEDs globally. Increasing
construction of smart homes and commercial complexes will demand for
more secure equipment for the security purposes in the coming years.
Technological advancements in infrared LEDs in defense, imaging,
lighting, automotive, and consumer electronics is expected to fuel
the global infrared LED demand from 2017 to 2025.
Low power consumption, high
security and low cost benefits is projected to support the infrared
LED industry as these devices are used in combination with receivers
for use in varied products such as wireless mouse, remote controls,
and telecommunication modules. Manufacturers are focusing on
implementation of infrared LEDs in various multimedia devices such as
mobile phones & tablets and surveillance systems. Emerging
technologies in closed circuit televisions (CCTVs) and smartphones
such as iris and facial recognition is anticipated to be a quickly
growing trend in the industry. For instance, Samsung’s smartphone
Galaxy S8 features iris and facial recognition to meet and secure the
growing demand of mobile payment services. The widespread promotion
of mobile payment services on devices such as notebooks and
smartphones featuring user authentication based on infrared LED
technology, is predicted to be the primary growth driver of the
industry over the forecast timeline.
IR LEDs are integrated into
CCTV cameras as primary component as it offers low-light level and
night vision applications. The technological advancements in modern
infrared LEDs offer advanced image enhancement which are more
reliable and long lasting. The integration of IR LED with CCTV
cameras offers wide range of emission angle, increased optical output
and near-field visibility applications.
The automotive industry is
witnessing rapid innovation in the field of infotainment, safety
systems, telematics, advanced driver assistance systems (ADAS) and
autonomous driving. These technologies actively involve the
integration of IR LEDs for their operation. Furthermore, infrared
systems are integrated into automobiles to improve the blind spot and
night vision driving, thereby supporting the global infrared LED
market growth in the automobile segment.
The infrared LED industry is
highly diversified and competitive owing to the presence of large
number of regional and international vendors globally. Some of the
major factors driving the industry growth in Asia Pacific region is
the presence of large number of LED manufacturers in countries such
as Japan, China and Taiwan. Prominent industry participants are
Epistar, Osram, Everlight, Vishay, Nichia and Philips. The companies
are primarily focusing on new product development in order to retain
their market share. For instance, in June 2017, Osram launched the
smallest side-looking infrared LED which has wavelength of 850 nm
which is used for eye tracking applications in virtual reality (VR)
and augmented reality (AR) headsets. Both AR and VR systems react to
the eye and head movement making the infrared LED as the critical
component of the headset designs.
The report offers a
comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections
about market size. The projections featured in the report have been
derived using proven research methodologies and assumptions. By doing
so, the research report serves as a repository of analysis and
information for every facet of the market, including but not limited
to: Regional markets, technology, types, and applications.
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