NIR LED Market Size - By Spectral Range, Application Analysis, Share, Growth Forecast, 2025 - 2034

Report ID: GMI12899
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Published Date: December 2024
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Report Format: PDF

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NIR LED Market Size

The global NIR LED market was valued at USD 326.4 million in 2024 and is estimated to grow at a CAGR of 11.9% from 2025 to 2034.
 

NIR LED Market

Demand for NIR LEDs is increasing because it is being used in the medical, automotive and consumer electronics industries. In the healthcare industry, it is used for medical imaging, diagnosis, and wearable health monitoring devices. They are ideal for non-invasive applications, such as pulse oximetry, oxygen saturation and blood flow, because of their ability penetrated into deep human tissues. In addition, the growing burden of chronic diseases and the growing need for remote patient monitoring solutions are also fuelling the NIR LED market in health care. In the automotive industry, as the adoption of ADAS rises and regulatory pressure on safety increases, NIR LEDs are finding applications in driver monitoring systems (DMSs) and night vision systems.
 

The growth of demand for biometrics and facial recognition systems is another factor driving the growth of the NIR LED market. NIR LEDs provide invisible illumination to the cameras and sensors of these systems. As more smartphones, security systems, and smart home appliances incorporate these features, the revenues from NIR LEDs will increase. Further, the advancements in LED technology, such as higher efficiency, longer operating duration, and reduced price, will lead to more opportunities for NIR LED use.
 

NIR LED Market Trends

The widespread consumer demand for personalized health insights encourages wearable manufacturers to integrate heart rate variability analysis, hydration status and sleep monitoring functions using the NIR LEDs. One of the remarkable developments in the market for NIR LEDs is the growing integration of these devices into intelligent wearables for fitness and health management. In addition, NIR LEDs have gained popularity in the monitoring of plant health and food quality monitoring in the agricultural and food sectors. The emphasis on the development of compact NIR LEDs also has a positive impact on the market, as these devices are beginning to gain popularity in space-limited applications such as mobile devices and IoT sensors. Due to the rapid adoption of automation and Industry 4.0 technologies such as proximity sensors and industrial vision systems, there is an increase in the demand for NIR LEDs.
 

NIR LED Market Analysis

The costs of high-tech NIR LEDs impede the adoption of these products, especially by small and medium-sized enterprises. Other factors, such as the complexity of NIR manufacturing and the specific wavelength adjustment for applications, increase production costs and further reduce market penetration. In addition, if thermal management is not properly dealt with, it may jeopardise the efficiency and performance of NIR LEDs. Other technologies, including laser diodes with much higher density and efficiency, are competing fiercely. Finally, geopolitical risk factors and instability, together with volatile raw materials prices, could disrupt supply chains and thus slow the growth of the market.
 

NIR LED Market Size, By Spectral Range, 2021-2034, (USD Million)

Based on spectral range, the market is divided into 700nm-900nm, 900nm-1500nm, 1500nm-2500nm and custom wavelength bands. The 900nm-1500nm segment is the fastest growing segment with a CAGR of 12.9% between 2025 and 2034.
 

  • In the NIR LED market, the spectrum range of 900nm to 1500nm is expected to grow rapidly in the automotive, medical and industrial automation sectors. For example, in healthcare, this range can be systematically and effectively used for medical imaging and cell photobiomodulation such as non-invasive diagnostic imaging, tissue oxygen saturation, and tissue oxygen monitoring (analysis) because it can penetrate deeper into target cells without causing significant disturbances. Furthermore, the increase in demand for wearable health devices such as fitness monitors and smart watches allows users to continuously monitor their health.
     
  • Such wavelength ranges are also found to be suitable for applications in the industrial and agricultural sector, such as machine vision and hyperspectral image for precision agricultural. For example, 900nm-1500nm NIR LEDs are cost-effective in industrial processes by enabling faster and higher-quality medical and other imaging devices, as well as in agriculture, that allow effective crop monitoring and water conservation. Additionally, investments in integrated sensors and innovative sustainable systems have increased and increased the growth of this wavelength range. With this broad application development, and the government's continued energy-efficiency and advanced technology efforts, the 900 nm-1500 nm spectrum range remains a key driver of market development.

 

NIR LED Market Revenue Share, By Application, 2024

Based on application, the NIR LED market is divided into medical, solar simulator, machine vision, optical sorting, sensor and detection, security and surveillance. The medical segment is expected to reach a value of USD 384.7 million by 2034.
 

  • The medical application segment is the largest market for NIR LEDs, and they are used for non-invasive diagnostics and therapeutic procedures. NIR LEDs are widely used in pulse oximetry, blood oxygenation and optical dynamics therapy because they can pass through human tissue without being destroyed. It is used mainly for wearable medical devices such as fitness equipment and remote monitoring systems, and more attention is being paid to preventive health care and chronic disease management.
     
  • In addition, NIR LEDs are widely used in medical imaging and diagnostic applications and stimulate further growth in the segment. Such systems provide improved optical coherence tomography (OCT) and fluorescent imaging images that are essential to early diagnosis and tracking of disease progression. The increasing number of patients suffering from heart disease, diabetes and other chronic diseases that require appropriate monitoring has increased the demand for NIR diodes in medicine. The political will to improve medical facilities and the increasing amount of resources devoted to the development of medical engineering technology have confirmed the leadership of the medical industry in NIR LED.

 

U.S. NIR LED Market Size, 2021-2034, (USD Million)

U.S. dominated the North America NIR LED Market in 2024, accounting for a share of 80.6%. The NIR LED industry is established in the United States because of its market in health care, vehicle safety systems and industrial automation. The growing use of ADAS in modern vehicles and the use of artificial intelligence in the field of face recognition in electronics require NIR LEDs.
 

In addition, the large-scale research and development of energy efficiency technologies and investments by major companies strengthen the country's global position. In addition, regulatory policies accelerating the deployment of biometric security systems and patient care equipment increase market opportunities. The United States has an established environment for creativity and excellence in manufacturing and ensures continued growth.
 

Indian NIR LED market have experienced rapid growth, resulting from the growth of the Indian automotive sector and the adoption of electric cars. Programs such as Make in India and smart city projects are creating a high-end sensor technology market for building, automation and IoT applications. At the same time, the growing medical market in India and the growing demand for low-cost diagnostic medical devices and portable medical devices are further driving the market. India's ability to manufacture low-cost products and strengthen its technological capabilities will make it an important player in the world supply chain and have sufficient space for growth, particularly in the field of industrial and consumer electronics.
 

China's growth in the NIR LED market can be attributed to its retention in the electronics manufacturing sector and to the growth of industrialization. As the production of smartphones and IoT devices increases, the demand for NIR LEDs in fingerprint biometric systems and ADAS increases. Furthermore, the Chinese government is taking steps to promote the promotion of electric vehicles and investment in renewable energies. This led to an increase in the use of NIR LEDs in industrial and automotive applications. China also invests heavily in research and development and manufacturing automation, making it a leading country on the global market. Finally, the growing demand for smart home technology and the rise of the middle class have created greater market opportunities.
 

The growth of the NIR LED market in South Korea is mainly due to the growth of semiconductor and other electronic industry. The country's interest in wearable health technologies and biometric systems makes NIR LEDs necessary for medical and security applications. In addition, South Korea has made significant progress in the manufacture of automobiles and industrial equipment, particularly in the integration of MEMS. South Korea is looking to grow strongly in combination with the government's focus on promoting technological innovation and cooperation between research institutions and industries. Finally, the recent trend towards electronic miniaturization has turned out to be another factor driving South Korea's competitive advantage.
 

Japan's NIR LED market is expected to grow steadily owing to the driving factor such as increasing use of NIR illuminated LEDs in the industrial automation market, as well as in the robotics and automotive industries. The most important applications over the years have been industrial machines. As the market matures there, advanced manufacturing becomes a central driver of Japan's economy. In cooperation with other industries, Japan has become a leader in the production of advanced medical imaging and diagnostic NIR devices and advanced driver assist systems. The growing NIR and medical imaging LED market, the increase in medical wearables and patient monitoring markets is driven by the increase in the population. Japan has consistently followed global trends in the market and the sustainable energy-efficient manufacturing practices of 6H10 have been firmly rooted. The design of next-generation robots and intelligent technologies is also emphasized.
 

NIR LED Market Share

The NIR LED industry is highly competitive, with major players such as Brightek (Europe) Limited, DOWA Electronics Materials Co. Ltd., EPILEDS and Epistar Corporation seeking to gain more market share. Companies in the region compete on various parameters such as the durability of NIR LED products, wavelength accuracy and energy efficiency. Competition in prices has become increasingly important in domestic electric consumer markets.
 

Research and development efforts, including product innovations aimed at differentiation, such as reduced footprints and new packaging technologies, are vital to achieving target applications such as wearables and industrial automation. Strong distribution networks and strategic alliances further improve the penetration of the market for companies. In addition, the company is focusing on advanced technologies through research and development activities and diversifying its activities in all industries.
 

NIR LED Market Companies

Major players operating in the NIR LED industry are:

  • Alpha One Electronics Ltd
  • Brightek (Europe) Limited
  • DOWA Electronics Materials Co., Ltd.
  • EPILEDS
  • Epistar Corporation
  • Everlight Electronics Co Ltd
  • Excelitas Technologies Corporation
  • Hamamatsu Photonics
  • High Power Lighting Corporation
  • Opto Diode Corporation
     

NIR LED Industry News

  • In October 2024, ams OSRAM announced its innovative IR:6 infrared LED chip technology. Offering up to 35% increased brightness and 42% higher efficiency compared to previous generations, the IR:6 thin-film chip sets a new benchmark in performance. Designed for applications such as security cameras, biometric authentication systems in PCs, and smart doorbells, this technology delivers enhanced illumination for superior image quality and faster, more accurate recognition of biometric markers. By saving power and extending battery life, the IR:6 empowers manufacturers to build more efficient and reliable devices for modern consumer and industrial needs.
     

This NIR LED Market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) & volume (Units) from 2021 to 2034, for the following segments:

Market, By Spectral Range

  • 700nm-900nm
  • 900nm-1500nm
  • 1500nm-2500nm
  • Custom Wavelength Bands

Market, By Application

  • Medical
    • Pulse Oximetry
    • Dermatology
    • Photodynamic Therapy
    • Others 
  • Solar simulator
    • Simulating Sunlight for Solar Cell Testing
    • Spacecraft Solar Panel Simulation
    • Others
  • Machine vision
    • Food Inspection
    • Product Sorting
    • Quality Control
    • Others
  • Optical sorting
    • Sorting and recycling of materials
    • Others
  • Sensor and Detection
    • Gas Detection
    • Environmental Monitoring
    • Proximity Sensors
    • Others
  • Security and Surveillance
    • Facial Recognition
    • Night Vision Cameras
    • Security Cameras
    • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia 
  • Latin America
    • Brazil
    • Mexico 
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

 

Authors: Suraj Gujar, Saptadeep Das
Frequently Asked Question(FAQ) :
How big is the global NIR LED market?
The global market size for NIR LED was valued at USD 326.4 million in 2024 and is projected to reach USD 961.7 million by 2034, driven by a CAGR of 11.9% during the forecast period.
How much is the medical application segment of the NIR LED industry worth?
Who are the major players in the NIR LED industry?
What is the market share of the U.S. in the North America NIR LED market?
NIR LED Market Scope
  • NIR LED Market Size
  • NIR LED Market Trends
  • NIR LED Market Analysis
  • NIR LED Market Share
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    Base Year: 2024

    Companies covered: 20

    Tables & Figures: 540

    Countries covered: 18

    Pages: 205

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