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An IR emitter is a light-emitting diode (LED) that emits light in the IR spectrum, while an IR receiver is a device that detects and decodes the light emitted from the IR emitter. Both IR emitter and receiver are electronic components that function in the IR range of light.
NEW YORK, July 15, 2022 /PRNewswire/ — The infrared radiation (IR) emitter and receiver market analysis report has been added to Technavio’s catalog. The market is anticipated to grow by USD 470.89 million from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 4.02% during the forecast period. The increase in the adoption of IR sensors is driving the growth of the infrared radiation (IR) emitter and receiver market. However, factors such as high cost of the InGaAs technology may impede the market growth.
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Read the report with TOC on “Infrared Radiation (IR) Emitter and Receiver Market Analysis Report by End-user (consumer electronics, IR cameras and sensors, and remotes) and Geography (APAC, North America, Europe, South Americaand MEA), and the Segment Forecasts, 2021-2025″. View our Report Snapshot
Major Five Infrared Radiation (IR) Emitter and Receiver Companies: Key Offerings
- ams AG – The company offers IR emitters and receivers such as APDB-00 and APDE-00
- FLIR Systems Inc. – The company offers IR emitters and receivers such as MarkIR emitters which is used in IR cameras for surveillance purposes.
- Honeywell International Inc. – The company offers SE3470-003 which is an IR emitter used for remote control application.
- Koninklijke Philips NV – The company offers OVU412000 IR-RECEIVER which is used for audio and home theatre.
- LITE-ON Technology Corp. – The company offers LTE-C216R-14 which is an IR emitter and receiver
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Infrared Radiation (IR) Emitter And Receiver Market End-user Outlook (Revenue, USD mn, 2020-2025)
- Consumer electronics – size and forecast 2020-2025
- IR cameras and sensors – size and forecast 2020-2025
- remotes – size and forecast 2020-2025
Infrared Radiation (IR) Emitter And Receiver Market Geography Outlook (Revenue, USD mn, 2020-2025)
- APAC – size and forecast 2020-2025
- North America – size and forecast 2020-2025
- Europe – size and forecast 2020-2025
- South America – size and forecast 2020-2025
- MEA – size and forecast 2020-2025
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Revenue-generating End-User Segments
The consumer electronics segment will have significant market share growth during the forecast period. This growth will be driven by factors such as the growing affordability of products such as smartphones.
Regional Analysis
APAC will account for 55% of the market’s growth during the forecast period. This growth is attributed to factors such as increasing car production in APAC will drive the adoption of IR sensors. Moreover, market growth in this region will be faster than the growth of the market in regions. China is a key country for the infrared radiation (IR) emitter and receiver market in APAC.
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Infrared Radiation (IR) Emitter And Receiver Market Scope |
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