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What Will the Infrared Roaming-Communication Industry Market Size Be by 2025?
The scale of the infrared roaming-communication market has experienced significant growth over the years. We forecast that this market will expand from $1.84 billion in 2024 and reach a value of $2.13 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 15.9%. The historic expansion can be credited to the amplified demand for intelligent security systems, heightened assimilation of automotive safety measures, escalating use of industrial automation, the proliferation of infrared applications in healthcare, and an uptick in the inclusion of consumer electronics.
What’s the Long-Term Growth Forecast for the Infrared Roaming-Communication Market Size Through 2029?
In the forthcoming years, the infrared roaming-communication market is anticipated to experience accelerated expansion, with an estimated value of $3.79 billion by 2029, representing a compound annual growth rate (CAGR) of 15.5%. This surge within the predicted period can be ascribed to the escalating implementation in smart city frameworks, an increased emphasis on power-saving sensors, entering the Internet of Things realm, defense modernization investments surge, and non-contact medical diagnostics demand rise. Emerging trends during the forecasted period encompass progression in sensor diminution technology, the fusion of artificial intelligence, creativity in low-energy configurations, hyperspectral infrared imaging evolution, and real-time data analysis advancement.
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What Are the Key Growth Drivers Fueling the Infrared Roaming-Communication Market Expansion?
The growth of the infrared roaming-communication market is projected to be accelerated by increasing industrialization. Industrialization involves evolving an economy from mainly agricultural-based to a manufacturing-driven setup by advancing industries, infrastructure, and technology. This uptick in industrialization comes because of increased requirements for the mass production of products backed up by expanding international populations and urbanization. Infrared roaming communication contributes to this process by facilitating secure, uninterrupted, and energy-efficient wireless data transfer between machines, sensors, and automated devices within factories and production spaces. As an example, Trading Economics, a US-based economic data, indicator, and market forecasting platform, reported that industrial output in Saudi Arabia surged by 6.5% yearly in July 2025, an increase from the revised growth of 6.1% in June. Consequently, flourishing industrialization is catalyzing the growth of the infrared roaming-communication market. The infrared roaming-communication market is also anticipated to get a boost from the growing demand for consumer electronics, which comes from a surging need for high-speed, short-range wireless connectivity. Consumer electronics comprise electronic gadgets made for everyday personal use such as smartphones, tablets, laptops, and home entertainment systems. There is a growing demand for these consumer electronics brought about by the rising use of smart devices and connected technologies in people’s daily lives. In these consumer electronics, infrared roaming communication enables short-distance, rapid wireless data transfer between devices, without the need for Wi-Fi or cellular networks. For example, the Japan Electronics and Information Technology Industries Association, a trade association based in Japan, reported that in February 2024, the production of consumer electronic equipment went up to $201.91 million (Â¥31,685 million), a significant rise from $149.27 million (Â¥23,425 million) in January 2023. As a result, the escalating demand for consumer electronics is fuelling the growth of the infrared roaming-communication market.
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How Is the Infrared Roaming-Communication Market Segmented?
The infrared roaming-communication market covered in this report is segmented as
1) By Component: Hardware, Software, Services
2) By Technology: Near-Infrared, Mid-Infrared, Far-Infrared
3) By Application: Telecommunications, Defence and Security, Industrial Automation, Consumer Electronics, Healthcare, Other Applications
4) By End-User: Commercial, Industrial, Government, Other End-Users
Subsegment:
1) By Hardware: Infrared Transmitters, Infrared Receivers, Infrared Transceivers, Sensors, Controllers
2) By Software: Roaming Management Software, Network Configuration Software, Security And Encryption Software, Data Analytics And Monitoring Software
3) By Services: Installation And Deployment Services, Maintenance And Support Services, Consulting And Integration Services, Training Services
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Which Companies Are Leading the Charge in Infrared Roaming-Communication Market Innovation?
Major companies operating in the infrared roaming-communication market are Honeywell International Inc., Texas Instruments Incorporated, Sharp Corporation, Murata Manufacturing Co. Ltd., Renesas Electronics Corporation, Vishay Intertechnology Inc., Teledyne Technologies Incorporated, LITE-ON Technology Corporation, ams-OSRAM AG, Hamamatsu Photonics K.K., Excelitas Technologies Corp., TT Electronics plc, Kodenshi AUK Co. Ltd., Seek Thermal Inc., Dali Technology Co. Ltd., Opgal Optronic Industries Ltd., Kingbright Electronic Co. Ltd., QiTASC GmbH, InfraTec GmbH, Princeton Infrared Technologies Inc.
Which Regions Are Leading the Global Infrared Roaming-Communication Market in Revenue?
North America was the largest region in the infrared roaming-communication market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in infrared roaming-communication report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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