North America Infrared Emitter & Receiver Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.4 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The North America infrared emitter and receiver market has witnessed substantial growth, driven by their essential role across various industries including automotive, healthcare, consumer electronics, and industrial automation. Infrared emitters and receivers serve as crucial components in numerous applications like motion detection, remote sensing, communication systems, and security surveillance. Their wide adoption can be attributed to their reliability, energy efficiency, and ease of integration into existing systems.
In the automotive sector, infrared sensors are used for night vision systems, enhancing driver safety by detecting obstacles and pedestrians in low-light conditions. Healthcare applications also heavily rely on infrared technology, particularly for non-invasive monitoring systems, such as temperature sensors and heart rate monitoring devices. The consumer electronics industry has embraced infrared emitters and receivers for remote control devices, gaming peripherals, and proximity sensors, ensuring seamless user experiences.
The demand for infrared technology is growing due to its capability to operate in various environmental conditions, offering consistent performance in both indoor and outdoor settings. Industrial automation systems use infrared sensors for object detection, sorting, and quality control, further propelling the market’s growth. The increasing need for automation and safety in industries, coupled with technological advancements in infrared sensor technology, is shaping the future of this market.
From an industry requirement standpoint, manufacturers and end-users are focusing on miniaturization, cost reduction, and enhanced functionality. Smaller, more energy-efficient designs are expected to meet the increasing demand in portable and wearable technologies. Additionally, innovation in sensor fusion technologies is creating opportunities for further development in multi-functional infrared systems that can serve in a variety of applications.
As a result, North America remains a prominent market for infrared emitters and receivers, driven by ongoing industrial demand and advancements in sensor technology. This trend is expected to continue as new use cases and markets for these essential components emerge in the coming years. North America Infrared Emitter & Receiver Market.
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FLIR Systems
Wolfspeed
Honeywell International
Raytek
Texas Instruments
Lite-On Technology
Murata Manufacturing
Rohm
Osram Opto Semiconductors GmbH
Vishay Intertechnology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America Infrared Emitter & Receiver Market
Automotive
Construction
Transportation and Logistics
Chemical
Aerospace
Other
Based on Types the Market is categorized into Below types that held the largest Infrared Emitter & Receiver market share In 2023.
Near Infrared
Short-wave Infrared - SWIR
Mid-wave Infrared - MWIR
Long-wave Infrared - LWIR
Far Infrared
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America Infrared Emitter & Receiver Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America Infrared Emitter & Receiver Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Infrared Emitter & Receiver Market, By Type
6. North America Infrared Emitter & Receiver Market, By Application
7. North America Infrared Emitter & Receiver Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Infrared Emitter & Receiver Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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