Infrared Lighting Module Market Trends, Industry & Size 2030

Segments - Infrared Lighting Module Market by Types (Remote Control Module Receivers, IrDA Communication Modules, Tilt Sensors, Photo Reflectors and Photo Interrupters, IR Receivers, and IR Emitters), Products (Toys and Games with Remote Control Modules, Printers, Electronic Devices, Healthcare Devices, Automotive Industries for Counters, Measurement, Motor Encoders, and Security), Applications (Testing Equipment Such as Encoders, IC/LSI testers, Banking terminals Such as ATMs, Medical/healthcare Equipment, Audio Visual Devices such as CD/DVD/MD players, VCRs, TVs, and audio amplifiers, Gaming Products, Vending machines, Office Automation Equipment Including Fax Machines, Copiers, and Printers) and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Shruti Bhat

Report Description

The global infrared lighting module market is estimated to expand at a substantial CAGR during the forecast period, 2021 – 2028. The growth of the market is attributed to the rising demand for consumer electronics market and increasing need for infrared lighting modules in industries such as automotive, healthcare, and electronics.

Infrared Lighting Module Market Key Takeaways

Infrared lighting module is utilized in various consumer electronics such as sensing devices, smartphones with IR, remote controls, and digital cameras. Its low power consumption, simple design, less international regulatory barriers, and high noise immunity has driven the market growth. Factors such as rapid globalization, industrialization and increasing per capita income is further propelling the global infrared lighting module market.

Market Trends, Drivers, Restraints, and Opportunities:

Increasing demand for the product in consumer electronics, automotive, and healthcare industries is driving the growth of the global infrared lighting module market.
Macroeconomic factors such as increasing purchasing power and urbanization are positively influencing the market growth
Increasing adoption of infrared lighting modules by SMEs to mitigate the security risks is stimulating the growth of the market.
Restraints such as lower speed in contrast to conventional RF and wired transmission, light and weather sensitivity, shorter range, easy interference caused by materials and objects, which blocks the transmission, have proven to be demerits for the global infrared lighting module market.
Rapidly developing regions such as Asia Pacific, the Middle & East Africa, and Latin America are boosting the market growth.

Scope of the Report

The report on the global infrared lighting module market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Infrared Lighting Module Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Types (Remote Control Module Receivers, IrDA Communication Modules, Tilt Sensors, Photo Reflectors and Photo Interrupters, IR Receivers, and IR Emitters), Products (Toys and Games with Remote Control Modules, Printers, Electronic Devices, Healthcare Devices, Automotive Industries for Counters, Measurement, Motor Encoders, and Security) and Applications (Testing Equipment Such as Encoders, IC/LSI testers, Banking terminals Such as ATMs, Medical/healthcare Equipment, Audio Visual Devices such as CD/DVD/MD players, VCRs, TVs, and audio amplifiers, Gaming Products, Vending machines, Office Automation Equipment Including Fax Machines, Copiers, and Printers.)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	ROHM Semiconductor, Shanghai Licen Lighting Technology Co., Ltd., ReneSola Ltd., ADATA Technology Co., Ltd., SPEA S.p.A., King Solarman Inc., Illusion LED Limited, Simmtronics Semiconductors Limited, Edison Opto USA, Manufacturing Resources International (MRI), Zhongshan LED A Plus Co., Ltd., and SAMBO HITECH CO., LTD.

Global Infrared Lighting Module Market Segment Insights

IR remote receivers segment to account for a large market share
Based on the types, the market is fragmented into remote control module receivers, IrDA communication modules, tilt sensors, photo reflectors and photo interrupters, IR remote receivers, and IR emitters. The IR remote receivers segment is anticipated to account for a large market share during the forecast period. IR remote receivers are portable wireless devices that are used to operate audio, video, and other electronic equipment within a room using light signals in the infrared range.

Infrared Lighting Module Market By Types

Healthcare devices segment to grow at a significant rate
On the basis of product types, the global infrared lighting module market is divided into toys and games with remote control modules, printers, electronic devices, healthcare devices, automotive industries for counters, measurement, motor encoders, and Security. In 2020, the healthcare devices segment account for a considerable market share owing to evolving healthcare infrastructure in developing countries. This segment is anticipated to grow at a significant rate during the forecast period due to its rising use of IR medical devices include, blasting cancer cells, laparoscopic surgery, sepsis detection, and diagnosing brain trauma.

Multimedia equipment segment to acquire a major market share
Based on applications, the market is segregated into multimedia equipment, testing equipment such as encoders, IC/LSI testers, banking terminals such as ATMs, medical/healthcare equipment, CD/DVD/MD players, VCRs, TVs, and audio amplifiers, gaming products, vending machines, office automation equipment including fax machines, copiers, and printers. The multimedia segment to acquire a major market share during the forecast period. Multimedia equipment industry was one of the early adopters of the infrared lighting module technology. However, the healthcare equipment segment is anticipated to exhibit a high CAGR due to substantial technological innovation in the recent years.

The market in Asia Pacific to exhibit a high CAGR
Based on the regions, the global infrared lighting market is segregated into North America, Asia Pacific, Latin America, Europe, and Middle & East Africa. North America and Europe accounted for a major market share owing to early adoption of the infrared module technology in electronic devices. On the other hand, the market in Asia Pacific market to exhibit a high CAGR owing to rapid technological advancements in emerging economies such as India and China.

Infrared Lighting Module Market By Regions

Segments

Segments covered in the report:
The global infrared lighting module has been segmented on the basis of

Types

Remote Control Module Receivers
IrDA Communication Modules
Tilt Sensors
Photo Reflectors and Photo Interrupters
IR Receivers
IR Emitters

Products

Toys and Games with Remote Control Modules
Printers
Electronic Devices
Healthcare Devices
Automotive Industries for Counters
Measurement
Motor Encoders
Security

Applications

Multimedia equipment
Testing equipment Such as Encoders, IC/LSI testers
Banking terminals Such as ATMs
Medical/Healthcare Equipment
CD/DVD/MD players, VCRs, TVs, and Audio Amplifiers
Gaming Products
Vending Machines
Office Automation Equipment Including Fax Machines, Copiers, and Printers

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

ROHM Semiconductor
Shanghai Licen Lighting Technology Co., Ltd.
ReneSola Ltd.
ADATA Technology Co., Ltd.
SPEA S.p.A.
King Solarman Inc.
Illusion LED Limited
Simmtronics Semiconductors Limited
Edison Opto USA
Manufacturing Resources International (MRI)
Zhongshan LED A Plus Co., Ltd.
SAMBO HITECH CO., LTD.

Competitive Landscape

Key players operating in global infrared lighting module market covered in this report are ROHM Semiconductor, Shanghai Licen Lighting Technology Co., Ltd., ReneSola Ltd., ADATA Technology Co., Ltd., SPEA S.p.A., King Solarman Inc., Illusion LED Limited, Simmtronics Semiconductors Limited, Edison Opto USA, Manufacturing Resources International (MRI), Zhongshan LED A Plus Co., Ltd., and SAMBO HITECH CO., LTD.

ROHM Semiconductor is a prominent industry player in Asia Pacific. The company has its presence in Malaysia, Thailand, India, Vietnam, and Japan. It is engaging in partnerships and investing in R&D activities to expand their market share.

Infrared Lighting Module Market By Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Infrared Lighting Module Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Infrared Lighting Module Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Infrared Lighting Module Market - Supply Chain
  4.5. Global Infrared Lighting Module Market Forecast
     4.5.1. Infrared Lighting Module Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Infrared Lighting Module Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Infrared Lighting Module Market Absolute $ Opportunity
5. Global Infrared Lighting Module Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Infrared Lighting Module Market Size and Volume Forecast by Types
     5.3.1. Remote Control Module Receivers
     5.3.2. IrDA Communication Modules
     5.3.3. Tilt Sensors
     5.3.4. Photo Reflectors and Photo Interrupters
     5.3.5. IR Receivers
     5.3.6. IR Emitters
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Infrared Lighting Module Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Infrared Lighting Module Market Size and Volume Forecast by Applications
     6.3.1. Multimedia equipment
     6.3.2. Testing equipment Such as Encoders, IC/LSI testers
     6.3.3. Banking terminals Such as ATMs
     6.3.4. Medical/Healthcare Equipment
     6.3.5. CD/DVD/MD players, VCRs, TVs, and Audio Amplifiers
     6.3.6. Gaming Products
     6.3.7. Vending Machines
     6.3.8. Office Automation Equipment Including Fax Machines, Copiers, and Printers
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Infrared Lighting Module Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Infrared Lighting Module Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Infrared Lighting Module Demand Share Forecast, 2019-2026
8. North America Infrared Lighting Module Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Infrared Lighting Module Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Infrared Lighting Module Market Size and Volume Forecast by Types
     8.4.1. Remote Control Module Receivers
     8.4.2. IrDA Communication Modules
     8.4.3. Tilt Sensors
     8.4.4. Photo Reflectors and Photo Interrupters
     8.4.5. IR Receivers
     8.4.6. IR Emitters
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Infrared Lighting Module Market Size and Volume Forecast by Applications
     8.7.1. Multimedia equipment
     8.7.2. Testing equipment Such as Encoders, IC/LSI testers
     8.7.3. Banking terminals Such as ATMs
     8.7.4. Medical/Healthcare Equipment
     8.7.5. CD/DVD/MD players, VCRs, TVs, and Audio Amplifiers
     8.7.6. Gaming Products
     8.7.7. Vending Machines
     8.7.8. Office Automation Equipment Including Fax Machines, Copiers, and Printers
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Infrared Lighting Module Demand Share Forecast, 2019-2026
9. Latin America Infrared Lighting Module Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Infrared Lighting Module Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Infrared Lighting Module Market Size and Volume Forecast by Types
     9.4.1. Remote Control Module Receivers
     9.4.2. IrDA Communication Modules
     9.4.3. Tilt Sensors
     9.4.4. Photo Reflectors and Photo Interrupters
     9.4.5. IR Receivers
     9.4.6. IR Emitters
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Infrared Lighting Module Market Size and Volume Forecast by Applications
     9.7.1. Multimedia equipment
     9.7.2. Testing equipment Such as Encoders, IC/LSI testers
     9.7.3. Banking terminals Such as ATMs
     9.7.4. Medical/Healthcare Equipment
     9.7.5. CD/DVD/MD players, VCRs, TVs, and Audio Amplifiers
     9.7.6. Gaming Products
     9.7.7. Vending Machines
     9.7.8. Office Automation Equipment Including Fax Machines, Copiers, and Printers
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Infrared Lighting Module Demand Share Forecast, 2019-2026
10. Europe Infrared Lighting Module Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Infrared Lighting Module Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Infrared Lighting Module Market Size and Volume Forecast by Types
     10.4.1. Remote Control Module Receivers
     10.4.2. IrDA Communication Modules
     10.4.3. Tilt Sensors
     10.4.4. Photo Reflectors and Photo Interrupters
     10.4.5. IR Receivers
     10.4.6. IR Emitters
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Infrared Lighting Module Market Size and Volume Forecast by Applications
     10.7.1. Multimedia equipment
     10.7.2. Testing equipment Such as Encoders, IC/LSI testers
     10.7.3. Banking terminals Such as ATMs
     10.7.4. Medical/Healthcare Equipment
     10.7.5. CD/DVD/MD players, VCRs, TVs, and Audio Amplifiers
     10.7.6. Gaming Products
     10.7.7. Vending Machines
     10.7.8. Office Automation Equipment Including Fax Machines, Copiers, and Printers
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Infrared Lighting Module Demand Share Forecast, 2019-2026
11. Asia Pacific Infrared Lighting Module Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Infrared Lighting Module Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Infrared Lighting Module Market Size and Volume Forecast by Types
     11.4.1. Remote Control Module Receivers
     11.4.2. IrDA Communication Modules
     11.4.3. Tilt Sensors
     11.4.4. Photo Reflectors and Photo Interrupters
     11.4.5. IR Receivers
     11.4.6. IR Emitters
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Infrared Lighting Module Market Size and Volume Forecast by Applications
     11.7.1. Multimedia equipment
     11.7.2. Testing equipment Such as Encoders, IC/LSI testers
     11.7.3. Banking terminals Such as ATMs
     11.7.4. Medical/Healthcare Equipment
     11.7.5. CD/DVD/MD players, VCRs, TVs, and Audio Amplifiers
     11.7.6. Gaming Products
     11.7.7. Vending Machines
     11.7.8. Office Automation Equipment Including Fax Machines, Copiers, and Printers
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Infrared Lighting Module Demand Share Forecast, 2019-2026
12. Middle East & Africa Infrared Lighting Module Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Infrared Lighting Module Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Infrared Lighting Module Market Size and Volume Forecast by Types
     12.4.1. Remote Control Module Receivers
     12.4.2. IrDA Communication Modules
     12.4.3. Tilt Sensors
     12.4.4. Photo Reflectors and Photo Interrupters
     12.4.5. IR Receivers
     12.4.6. IR Emitters
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Infrared Lighting Module Market Size and Volume Forecast by Applications
     12.7.1. Multimedia equipment
     12.7.2. Testing equipment Such as Encoders, IC/LSI testers
     12.7.3. Banking terminals Such as ATMs
     12.7.4. Medical/Healthcare Equipment
     12.7.5. CD/DVD/MD players, VCRs, TVs, and Audio Amplifiers
     12.7.6. Gaming Products
     12.7.7. Vending Machines
     12.7.8. Office Automation Equipment Including Fax Machines, Copiers, and Printers
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Infrared Lighting Module Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Infrared Lighting Module Market: Market Share Analysis
  13.2. Infrared Lighting Module Distributors and Customers
  13.3. Infrared Lighting Module Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. ROHM Semiconductor
     13.4.2. Shanghai Licen Lighting Technology Co., Ltd.
     13.4.3. ReneSola Ltd.
     13.4.4. ADATA Technology Co., Ltd.
     13.4.5. SPEA S.p.A.
     13.4.6. King Solarman Inc.
     13.4.7. Illusion LED Limited
     13.4.8. Simmtronics Semiconductors Limited
     13.4.9. Edison Opto USA
     13.4.10. Manufacturing Resources International (MRI)