About Infrared Receivers
Infrared Receivers are operated in the infrared range of red light like in remote control which sends information through remote control to another device by receiving signals and decoding it. They do not require direct contact to an object for detection and have strong noise immunity. Infrared receivers are used in compact disc (CD), digital versatile disc (DVD), LED lights, etc.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.6% |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined collaborations. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Infrared Receivers market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Samsung Electro-Mechanics (South Korea), Panasonic (Japan), LG Innotek (South Korea), Optek (United States), Infineon (Germany), Microsemi (United States), POHM (Japan) and Hirose Electric Group (Japan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Infrared Receivers market by Type (Active Infrared Receiver and Passive Infrared Reciever), Application (Digital Versatile Disc (DCD), Electric Toys, Set-Up Boxes, Multi-Media Equipment, Imaging and Others) and Region.
On the basis of geography, the market of Infrared Receivers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use Industry, the sub-segment i.e. Automotive Industry will boost the Infrared Receivers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. Online will boost the Infrared Receivers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing the use of IR in Security Cameras and Addition of Infrared Receiver Sensors into Smartphones
Market Growth Drivers:
Growing Automotive, Defence and Medical Industries and Upsurging Demand of Infrared Receiver Sensors in Security and Surveillance
Challenges:
Risk of Damage in IR Emitters due to Various Environmental Conditions and Various Regulatory Norms can be the Hindrance for the Market
Restraints:
The entry of Various Local Players with Low Price Infrared Reciever might Hinder the Original and Durable IR Market
Opportunities:
Continuous Use of Infrared Receivers in Research and Development Activities and Online Presence of Infrared Receivers is rising the Demand
Market Leaders and their expansionary development strategies
In October 2023, PCTEL, Inc. a leading global provider of wireless technology solutions, today announced that it has reached a definitive agreement to be acquired by Amphenol Corporation (NYSE: APH), one of the world’s largest providers of high-technology interconnect, sensor and antenna solutions.
In February 2023, Sony Electronics Inc. announced its newest addition to the brand's AV receiver line. These receivers are the first from Sony to feature 8K1 and 4K/120 support as well as Sony's 360 Spatial Sound Mapping technology2. These receivers were tuned by Sony engineers to provide the most immersive home theater experience yet. The new ES line features four new models built mainly for custom installation. Additionally, the STR-AN1000 receiver is created for consumers looking to upgrade their current home theater system.
Key Target Audience
Infrared Receiver Manufactures, Infrared Receiver International Traders, Infrared Receiver Distributors and Suppliers, Research and Development Institutes, Downstream and Upstream Buyers, Financial Institutes and Venture Capital and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.