Selected research
Industry Growth & Trends
Global IR LED Industry Growth and Trends Forecast to 2032
Market perspective
The global IR LED market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for IR LED is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for IR LED is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for IR LED is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of IR LED include NICHIA CORPORATION, Kingbright Electronic Co., Ltd, OSRAM Opto Semiconductors GmbH, Epistar Corporation, Everlight Electronics Co. Ltd., High Power Lighting Corporation, EPILEDS Co. Ltd., ON Semiconducts and Koninklijke Philips N.V., among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global IR LED market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The IR LED market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global IR LED market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to IR LED.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global IR LED market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
IR LED Market by Company
NICHIA CORPORATION
Kingbright Electronic Co., Ltd
OSRAM Opto Semiconductors GmbH
Epistar Corporation
Everlight Electronics Co. Ltd.
High Power Lighting Corporation
EPILEDS Co. Ltd.
ON Semiconducts
Koninklijke Philips N.V.
Lextar Electronics Corporation
IR LED Segment by Type
IR LED Chip
IR LED Package
IR LED Segment by Application
Optical Sensing
Automated Drive Systems
Security & Surveillance
Others
IR LED Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global IR LED market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of IR LED and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of IR LED.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of IR LED manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of IR LED in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- IR LED Chip
- IR LED Package
Applications
- Optical Sensing
- Automated Drive Systems
- Security & Surveillance
- Others
Companies covered
- NICHIA CORPORATION
- Kingbright Electronic Co., Ltd
- OSRAM Opto Semiconductors GmbH
- Epistar Corporation
- Everlight Electronics Co. Ltd.
- High Power Lighting Corporation
- EPILEDS Co. Ltd.
- ON Semiconducts
- Koninklijke Philips N.V.
- Lextar Electronics Corporation
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global IR LED Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global IR LED Sales Estimates and Forecasts (2021-2032)
- 1.3 IR LED Market by Type
- 1.3.1 IR LED Chip
- 1.3.2 IR LED Package
- 1.4 Global IR LED Market Size by Type
- 1.4.1 Global IR LED Market Size Overview by Type (2021-2032)
- 1.4.2 Global IR LED Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global IR LED Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America IR LED Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe IR LED Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific IR LED Sales Breakdown by Type (2021-2026)
- 1.5.4 South America IR LED Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa IR LED Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 IR LED Industry Trends
- 2.2 IR LED Industry Drivers
- 2.3 IR LED Industry Opportunities and Challenges
- 2.4 IR LED Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by IR LED Revenue (2021-2026)
- 3.2 Global Top Players by IR LED Sales (2021-2026)
- 3.3 Global Top Players by IR LED Price (2021-2026)
- 3.4 Global IR LED Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global IR LED Major Company Production Sites & Headquarters
- 3.6 Global IR LED Company, Product Type & Application
- 3.7 Global IR LED Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global IR LED Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 IR LED Players Market Share by Revenue in 2025
- 3.8.3 2025 IR LED Tier 1, Tier 2, and Tier 3
4 IR LED Regional Status and Outlook
- 4.1 Global IR LED Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global IR LED Historic Market Size by Region
- 4.2.1 Global IR LED Sales in Volume by Region (2021-2026)
- 4.2.2 Global IR LED Sales in Value by Region (2021-2026)
- 4.2.3 Global IR LED Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global IR LED Forecasted Market Size by Region
- 4.3.1 Global IR LED Sales in Volume by Region (2027-2032)
- 4.3.2 Global IR LED Sales in Value by Region (2027-2032)
- 4.3.3 Global IR LED Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 IR LED by Application
- 5.1 IR LED Market by Application
- 5.1.1 Optical Sensing
- 5.1.2 Automated Drive Systems
- 5.1.3 Security & Surveillance
- 5.1.4 Others
- 5.2 Global IR LED Market Size by Application
- 5.2.1 Global IR LED Market Size Overview by Application (2021-2032)
- 5.2.2 Global IR LED Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global IR LED Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America IR LED Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe IR LED Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific IR LED Sales Breakdown by Application (2021-2026)
- 5.3.4 South America IR LED Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa IR LED Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 NICHIA CORPORATION
- 6.1.1 NICHIA CORPORATION Company Information
- 6.1.2 NICHIA CORPORATION Business Overview
- 6.1.3 NICHIA CORPORATION IR LED Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 NICHIA CORPORATION IR LED Product Portfolio
- 6.1.5 NICHIA CORPORATION Recent Developments
- 6.2 Kingbright Electronic Co., Ltd
- 6.2.1 Kingbright Electronic Co., Ltd Company Information
- 6.2.2 Kingbright Electronic Co., Ltd Business Overview
- 6.2.3 Kingbright Electronic Co., Ltd IR LED Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Kingbright Electronic Co., Ltd IR LED Product Portfolio
- 6.2.5 Kingbright Electronic Co., Ltd Recent Developments
- 6.3 OSRAM Opto Semiconductors GmbH
- 6.3.1 OSRAM Opto Semiconductors GmbH Company Information
- 6.3.2 OSRAM Opto Semiconductors GmbH Business Overview
- 6.3.3 OSRAM Opto Semiconductors GmbH IR LED Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 OSRAM Opto Semiconductors GmbH IR LED Product Portfolio
- 6.3.5 OSRAM Opto Semiconductors GmbH Recent Developments
- 6.4 Epistar Corporation
- 6.4.1 Epistar Corporation Company Information
- 6.4.2 Epistar Corporation Business Overview
- 6.4.3 Epistar Corporation IR LED Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Epistar Corporation IR LED Product Portfolio
- 6.4.5 Epistar Corporation Recent Developments
- 6.5 Everlight Electronics Co. Ltd.
- 6.5.1 Everlight Electronics Co. Ltd. Company Information
- 6.5.2 Everlight Electronics Co. Ltd. Business Overview
- 6.5.3 Everlight Electronics Co. Ltd. IR LED Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Everlight Electronics Co. Ltd. IR LED Product Portfolio
- 6.5.5 Everlight Electronics Co. Ltd. Recent Developments
- 6.6 High Power Lighting Corporation
- 6.6.1 High Power Lighting Corporation Company Information
- 6.6.2 High Power Lighting Corporation Business Overview
- 6.6.3 High Power Lighting Corporation IR LED Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 High Power Lighting Corporation IR LED Product Portfolio
- 6.6.5 High Power Lighting Corporation Recent Developments
- 6.7 EPILEDS Co. Ltd.
- 6.7.1 EPILEDS Co. Ltd. Company Information
- 6.7.2 EPILEDS Co. Ltd. Business Overview
- 6.7.3 EPILEDS Co. Ltd. IR LED Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 EPILEDS Co. Ltd. IR LED Product Portfolio
- 6.7.5 EPILEDS Co. Ltd. Recent Developments
- 6.8 ON Semiconducts
- 6.8.1 ON Semiconducts Company Information
- 6.8.2 ON Semiconducts Business Overview
- 6.8.3 ON Semiconducts IR LED Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 ON Semiconducts IR LED Product Portfolio
- 6.8.5 ON Semiconducts Recent Developments
- 6.9 Koninklijke Philips N.V.
- 6.9.1 Koninklijke Philips N.V. Company Information
- 6.9.2 Koninklijke Philips N.V. Business Overview
- 6.9.3 Koninklijke Philips N.V. IR LED Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Koninklijke Philips N.V. IR LED Product Portfolio
- 6.9.5 Koninklijke Philips N.V. Recent Developments
- 6.10 Lextar Electronics Corporation
- 6.10.1 Lextar Electronics Corporation Company Information
- 6.10.2 Lextar Electronics Corporation Business Overview
- 6.10.3 Lextar Electronics Corporation IR LED Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Lextar Electronics Corporation IR LED Product Portfolio
- 6.10.5 Lextar Electronics Corporation Recent Developments
7 North America by Country
- 7.1 North America IR LED Sales by Country
- 7.1.1 North America IR LED Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America IR LED Sales by Country (2021-2026)
- 7.1.3 North America IR LED Sales Forecast by Country (2027-2032)
- 7.2 North America IR LED Market Size by Country
- 7.2.1 North America IR LED Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America IR LED Market Size by Country (2021-2026)
- 7.2.3 North America IR LED Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe IR LED Sales by Country
- 8.1.1 Europe IR LED Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe IR LED Sales by Country (2021-2026)
- 8.1.3 Europe IR LED Sales Forecast by Country (2027-2032)
- 8.2 Europe IR LED Market Size by Country
- 8.2.1 Europe IR LED Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe IR LED Market Size by Country (2021-2026)
- 8.2.3 Europe IR LED Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific IR LED Sales by Country
- 9.1.1 Asia-Pacific IR LED Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific IR LED Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific IR LED Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific IR LED Market Size by Country
- 9.2.1 Asia-Pacific IR LED Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific IR LED Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific IR LED Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America IR LED Sales by Country
- 10.1.1 South America IR LED Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America IR LED Sales by Country (2021-2026)
- 10.1.3 South America IR LED Sales Forecast by Country (2027-2032)
- 10.2 South America IR LED Market Size by Country
- 10.2.1 South America IR LED Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America IR LED Market Size by Country (2021-2026)
- 10.2.3 South America IR LED Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa IR LED Sales by Country
- 11.1.1 Middle East and Africa IR LED Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa IR LED Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa IR LED Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa IR LED Market Size by Country
- 11.2.1 Middle East and Africa IR LED Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa IR LED Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa IR LED Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 IR LED Value Chain Analysis
- 12.1.1 IR LED Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 IR LED Production Mode & Process
- 12.2 IR LED Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 IR LED Distributors
- 12.2.3 IR LED Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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