ZOOKE provides you with safe and reliable connector products, with 5.0 spacing products providing more possibilities for limited space and creating more value for the research and development and production of terminal products. 5.00 wire to board connectors,5.0 connectors,ZOOKE connectors Zooke Connectors Co., Ltd. , https://www.zooke.com
In recent years, the emergence of new applications for infrared LEDs has created significant business opportunities. Companies in Taiwan, such as Jingdian, Dingyuan, Hongqi, and Qihong, are actively expanding their development and market presence in the infrared LED die sector. Industry insiders believe that these opportunities could help local LED manufacturers recover from the challenges they've faced over the past few years.
According to industry reports, the global infrared LED market (excluding optical sensing components) was valued at approximately $439 million in 2017, with projections showing growth to $505 million in 2018 and an estimated $697 million by 2021. This expansion is driven by increasing demand in areas like security monitoring, iris and facial recognition, and infrared touch panels.
As infrared LED components become thinner and more efficient, their integration into mobile devices has also grown. Applications such as proximity sensors, iris scanning, and facial recognition have seen a surge in adoption. Major players like Jingdian, Dingyuan, Guanglei, Hongqi, and Qihong are making strategic moves to capitalize on this trend.
Jingdian has long focused on infrared technology, maintaining a competitive edge through its control over product wavelength, light pattern, and cost efficiency. The company's expertise in crystal technology and production yield further strengthens its position in the market.
Dingyuan has also emphasized its focus on the infrared sensing market. In 2017, strong demand for infrared LED-based sensing products led to impressive shipment growth. Compared to the lighting market, the sensing segment offers broader applications and higher profit margins.
Dingyuan’s gross profit margin for the first three quarters of 2017 reached 23.58%, the highest in the past decade. With the completion of its new facility in Zhunan, Taiwan, the company is set to further expand its infrared sensing product lineup, which is expected to be a key driver of future growth.
Hongqi is also confident in the potential of the infrared LED market. The company plans to establish a subsidiary in Guangzhou and Luzi, focusing on infrared-related manufacturing. Hongqi will own 75% of the subsidiary, and operations are expected to begin before the end of 2018.
With continuous innovation and strategic investments, the infrared LED sector is shaping up to be a promising area for growth in the semiconductor and electronics industries. As more companies enter the space, competition is likely to intensify, but so will the opportunities for those who can adapt and lead in this evolving market.