The global IR emitters and receivers market reached USD 2.5 billion in 2022. The global IR emitters and receivers market is estimated to be worth USD 2.6 billion in 2023. Demand is poised to soar at 4.1% CAGR between 2023 and 2033. Sales are anticipated to surge to USD 3.9 billion by 2033.
The global IR emitters and receivers market is expected to be driven by growing demand for consumer electronics throughout the forecast period. Consumer electronics such as televisions, audio systems, and air conditioners rely on IR remote controls for user interaction. As the adoption of these devices continues to rise, so does the demand for IR emitters and receivers used in remote controls.
The proliferation of smart home devices such as smart TVs, smart speakers, and IoT (Internet of Things) devices often use IR technology for communication and control. This trend drives up the demand for IR components throughout the projection period.
Several gaming consoles and accessories, including virtual reality headsets, use IR emitters and receivers for motion tracking and controller communication. The gaming industry's growth contributes to increased demand in this market segment. IR technology is also commonly used in security and surveillance systems. As homeowners and businesses invest in security cameras and procedures, the need for IR emitters and receivers for night vision and motion detection rises.
| Attributes | Key Insights |
|---|---|
| IR Emitters and Receivers Market Estimated Size (2023E) | USD 2.6 billion |
| IR Emitters and Receivers Market Projected Valuation (2033F) | USD 3.9billion |
| Value-based CAGR (2023 to 2033) | 4.1% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The global IR emitters and receivers market experienced growth at 4.1% CAGR during the historical period from 2018 to 2022. Sales are estimated to propel a 5.6% CAGR between 2023 and 2033. It created a revenue of USD 2.5 billion in the base year 2022.
| Historical CAGR of IR Emitters and Receivers Market (2018 to 2022) | 4.1% |
|---|---|
| Historical Value of IR Emitters and Receivers Market (2022) | USD 2.5 billion |
The IR emitters and receivers market has witnessed steady growth during the forecast period owing to rising demand from security and surveillance applications. Security cameras often require IR emitters to provide night vision capabilities. As the demand for 24/7 surveillance increases, the market for IR emitters will surge.
IR receivers are commonly used in motion detection sensors in various sectors. The need for these sensors in security applications, such as detecting intruders, will contribute to growth in the market. IR technology is used in biometric systems for fingerprint and face recognition, enhancing security. The demand for IR components will rise as these technologies become more widespread.
Infrared sensors are used in drones and uncrewed aerial vehicles (UAVs) for surveillance. The increasing use of drones in security and surveillance applications will drive demand for IR components. Adopting smart home security systems often involves IR sensors for detecting motion and controlling lighting. As more households embrace these systems, the market for IR components will expand.
Businesses and industries also extensively utilize security and surveillance systems. This includes IR-based devices for access control, perimeter security, and monitoring. Growth in these sectors will boost demand for IR emitters and receivers. Governments invest in border security technologies, often including IR-based monitoring and tracking systems. Increased concerns about border security can lead to higher demand for IR components.
Data center security relies on advanced surveillance systems, including IR technology, to protect valuable information. As data centers continue to soar, so does the demand for IR components.
Miniaturization:
IR emitters and receivers were growing more compact and smaller, making them appropriate for small applications and gadgets. It includes mobile phones, wearables, and connected devices.
Improved Energy Efficiency:
Manufacturers focused on enhancing the energy efficiency of IR components to prolong device battery life. These are primarily used in remote controls and wireless communication systems.
High Data Rates:
There was a growing demand for IR emitters and receivers with higher data transmission rates. These are used in applications, including remote sensing and data transfer between devices.
Integration with Other Technologies:
Integration of IR components with other technologies such as Bluetooth and Wi-Fi. This was becoming more common to enable seamless communication between devices.
Improved Range:
Efforts were being made to extend the range of IR communication for applications, including remote control of home entertainment systems and automation.
Compatibility with Voice Assistants:
Few IR devices were designed to work with voice assistants such as Amazon Alexa and Google Assistant, allowing users to control devices through voice commands.
Principal Consultant
Limited Range:
In outdoor surveillance and security systs, IR itters and receivers may have a limited range, making th less suitable for monitoring large areas.
Interference:
In crowded environments like conference rooms with multiple rote controls or industrial settings with various IR devices, interference can occur, leading to signal disruptions and miscommunication.
Limited Data Transfer Rates:
IR has limitations regarding data transfer rates compared to other wireless technologies like Wi-Fi or Bluetooth. This can be a drawback in scenarios where high-speed data transmission is crucial, such as medical imaging or multimedia streaming.
Environmental Sensitivity:
IR signals can be affected by ambient light and tperature changes. In applications where maintaining consistent performance under varying conditions is essential, such as automotive sensors, this can be a disadvantage.
Security Concerns:
In specific security applications, IR signals can be intercepted or jammed more quickly than encrypted wireless communication technologies, posing security risks.
The table below provides the CAGR values for the leading countries in the global IR emitters and receivers market. Based on this table, it is estimated that South Korea is poised to expand at a leading pace of 6.4% CAGR between 2023 and 2033. The United Kingdom is expected to follow, growing at 5.3% CAGR through 2033.
| Countries | Value-based CAGR (2023 to 2033) |
|---|---|
| United States | 4.4% |
| United Kingdom | 5.3% |
| China | 4.8% |
| Japan | 5.0% |
| South Korea | 6.4% |
The United States is projected to surge at 4.4% CAGR from 2023 to 2033. The United States IR emitters and receivers market is set to generate revenue of about USD 684.6 million by 2033.
The United States IR emitters and receivers market is growing owing to increasing applications in industries like consumer electronics. The market is heavily driven by the demand for IR emitters and receivers in consumer electronics, particularly smartphones, remote controls, and gaming devices.
Infrared technology is extensively used in security cameras and night vision devices, and this segment is witnessing significant growth due to increased security concerns. Developing smaller, more efficient, cost-effective IR components and other similar technological advancements are expected to drive market expansion through 2033.
The market is competitive, with key players including companies such as Vishay Intertechnology and OSRAM Opto Semiconductors. Compliance with regulations and standards related to IR technology, especially in the healthcare and automotive sectors, is crucial for market players.
The United Kingdom is set to expand at 5.3% CAGR in the IR emitters and receivers market during the assessment period. By 2033, the United Kingdom market size is expected to reach USD 139.7 million.
IR emitters and receivers in the United Kingdom are based on industry demand and technological advancements. The market development might be affected by improvements in IR technology, including increased sensitivity, reduced power consumption, and downsizing.
Compliance with regulatory standards and certifications, such as safety and emissions requirements, can impact market access. Keep an eye on emerging trends, such as integrating IR sensors in smart home devices, IoT applications, and autonomous vehicles, as these can drive market growth.
China is poised to expand at a CAGR of 4.8% between 2023 and 2033. Revenue generated by sales of global IR emitters and receivers is worth USD 590 million by the end of 2033.
The market for IR emitters and receivers in China is increasing due to widespread application in automotive. The automotive sector has seen substantial integration of IR emitters and receivers for applications such as keyless entry systems, in-car entertainment, and safety systems.
The expansion of the market has been fueled by ongoing improvements in IR technology, including downsizing, increased range, and increased power efficiency. Manufacturers must consider national and international rules, particularly in the consumer electronics & automobile sectors.
Japan is estimated to register USD 386.6 million by 2033 end. Sales in the global IR emitters and receivers market will surge at 5.0% CAGR from 2023 to 2033.
The demand for IR emitters and receivers in Japan is driven by growing usage in industrial automation during the forecast period. In industrial automation, IR emitters and receivers are utilized for proximity sensing, object detection, and control systems. The manufacturing sector plays a crucial role in the demand for these components.
The Japanese market is known for innovation in electronics. Companies in Japan are continuously developing advanced IR technologies. It includes high-efficiency emitters and sensitive receivers to meet evolving market demands. Recent trends include the miniaturization of components, improved power efficiency, and the integrating of IR technology into smart home and IoT (Internet of Things) devices.
South Korea is estimated to reach USD 203.4 million by 2033 in the global IR emitters and receivers market. Sales are likely to grow at 6.4% CAGR from 2023 to 2033. The demand for IR emitters and receivers in South Korea was experiencing growth due to increasing usage in industrial sectors.
IR emitters and receivers were also used in industrial automation applications, such as robotics and remote sensing, leading to increased demand from the manufacturing sector. Ongoing research and development efforts aim to improve IR emitters' and receivers' efficiency and capabilities, driving market innovation and expansion.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The vapor chamber segment monopolizes the global IR emitters and receivers market. Based on this table, it is predicted that the segment is likely to soar at 4.0% CAGR between 2023 and 2033. On the other hand, the consumer electronics division is expected to soar at 3.8% CAGR from 2023 to 2033.
| Category | Vapor Chamber |
|---|---|
| Value-based CAGR (2023 to 2033) | 4.0% |
By type, the vapor chamber division is set to exhibit a 4.0% CAGR from 2023 to 2033. This segment will likely be prominent in the global IR emitters and receivers market during the forecast period.
Vapor chamber technology is known for its excellent heat dissipation capabilities. In the context of IR emitters and receivers, this technology can help maintain stable operating temperatures for these devices, enhancing their performance and longevity.
Vapor chamber technology allows for more efficient heat dissipation in small spaces. This can lead to the development of compact IR emitters and receivers, making them suitable for various applications where space is limited.
Vapor chambers can handle high power densities, which is crucial for high-performance IR emitters. This capability can enable the development of more robust and reliable IR sources for applications like night vision, thermal imaging, and industrial sensing.
| Category | Consumer Electronics |
|---|---|
| Value-based CAGR (2023 to 2033) | 5.9% |
By end-use, the consumer electronics division is set to exhibit a 3.8% CAGR from 2023 to 2033. This segment is set to be at the forefront of the global IR emitters and receivers market during the forecast period.
Consumer electronics, especially smartphones and tablets, incorporate IR emitters and receivers for remote control and data transfer functions. The growing adoption of these devices contributed to the demand for IR components. IR emitters and receivers are commonly used in televisions and set-top box remote controls. The consumer electronics segment heavily relies on these components to enhance user experience.
With the increasing popularity of smart homes, IR emitters and receivers are integral to controlling devices, including smart thermostats, lights, and home entertainment systems. This trend boosted the demand for IR technology in consumer electronics. Gaming consoles often use IR technology for motion tracking and controller interaction. The consumer gaming market is substantial and has driven demand for IR-related components.
Key companies focus on developing advanced IR emitter and receiver technologies to meet the growing demands of various industries, such as consumer electronics, automotive, and healthcare. They are collaborating with other technology companies and industry partners to expand their market presence and offer comprehensive solutions.
Recent Development in IR Emitters and Receivers Market:
| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | USD 2.6 billion |
| Projected Market Valuation (2033) | USD 3.9 billion |
| Value-based CAGR (2023 to 2033) | 4.1% |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | Value (USD billion/million) and Volume (MT) |
| Key Regions Covered | Latin America; North America; Europe; South Asia; East Asia; Oceania; and Middle East & Africa |
| Key Countries Covered | United States, Mexico, Brazil, Chile, Peru, Argentina, Germany, France, Italy, Spain, Canada, United Kingdom, Belgium, Nordic, Poland, Russia, Japan, South Korea, China, Netherlands, India, Thailand, Malaysia, Indonesia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Central Africa, and others |
| Key Market Segments Covered | Type, End-use, Region |
| Key Companies Profiled | Excelitas Technologies Corporation; FLIR Systems, Inc.; Hamamatsu Photonics KK; Honeywell Process Solutions (HPS); Murata Manufacturing Co., Ltd. |
The global IR emitters and receivers market might reach USD 12.4 billion in 2023.
The IR emitters and receivers market will likely expand at 4.1% CAGR over the forecast period.
The target market is expected to reach USD 26.8 billion by 2033.
FLIR Systems, Inc., Murata Manufacturing Co., Ltd. Etc. are top manufacturers.
Rising demand from the security and surveillance sector will likely drive market growth.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Vapor Chamber 5.2. Variable Conductance 5.3. Diode 5.4. Thermosyphon 5.5. Others 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-Use 6.1. Consumer Electronics 6.2. Automotive 6.3. Construction 6.4. Transportation & Logistics 6.5. Chemical 6.6. Aerospace 6.7. Healthcare 6.8. Military & Defense 6.9. Others 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Excelitas Technologies Corporation 17.2. FLIR Systems, Inc. 17.3. Hamamatsu Photonics KK 17.4. Honeywell Process Solutions (HPS) 17.5. Murata Manufacturing Co., Ltd 17.6. Orange Pi 17.7. OSRAM Opto Semiconductors GmbH 17.8. Texas Instruments, Inc. 17.9. VTech Opto Technology Co., Ltd 17.10. Vishay Intertechnology, Inc. 18. Assumptions & Acronyms Used 19. Research Methodology
Explore Technology Insights
View Reports
IR Emitters and Receivers Market
