Infrared Lighting Module Market Trends, Industry & Size 2030
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
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| Report ID :ICT-SE-632
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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 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.
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.
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
- Toys and Games with Remote Control Modules
- Printers
- Electronic Devices
- Healthcare Devices
- Automotive Industries for Counters
- Measurement
- Motor Encoders
- Security
- 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
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
- 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.
Table Of Content
1. Executive Summary2. 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 (000’ 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)
Methodology
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