IR LED into a new blue ocean industry, in 2020 the output value will reach 4 billion 700 million

Infrared LED (IR LED) has a long history of development, its application can be seen everywhere in life. With the introduction of mobile phones and wearable devices bio sensing, and even biometric features, coupled with IR LED can be combined with the Internet of things and other applications, making the future market growth potential.

LEDinside forecast to 2020 IR LED output (excluding sensors) output value will reach $710 million (about 4 billion 711 million yuan), the annual compound growth rate of up to 24%, becoming a new blue ocean LED manufacturers.

2015-2020 IRLED global production

In 2016, the main industry in the LED backlight and lighting applications profit rapidly shrinking, LED manufacturers began to seek, and the development of other more niche markets, gradually will look from the traditional backlight and lighting applications, to the past did not focus on UV LED and IR LED are not visible application.

IR LED technology is relatively mature, relatively stable profit. With the rise of a wide variety of emerging applications, making the application of infrared LED has become the focus of attention of LED manufacturers.

Traditional IR LED applications around our lives. Whether it is washing water faucet, automatic induction or remote control TV or open and air conditioners, and even the infrared cameras criminal evidence shooting lane, is the application scope of IRLED.

With the rise of modern things, biometrics, wearable devices, a variety of sensors and image recognition technology is more important. IR LED application characteristics, become an important auxiliary light source. And through the combination of sensing devices and identification technology, can be applied in iris recognition, face recognition and other special applications. It is also used in wearable devices on the biosensor, can quantify the physical state of the human body, as a new tool for health management.

With the gradual maturity of these new applications, IR LED has a huge market growth potential. LEDinside estimated to 2020 IRLED output value (excluding sensors) output value will reach $710 million, an annual compound growth rate of 24%, becoming a new blue ocean LED manufacturers.

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