LEDinside Projects Huge Market Growth for Optical Sensors Used in Iris/Facial Recognition - Energy Watch News


LEDinside Projects Huge Market Growth for Optical Sensors Used in Iris/Facial Recognition

The respective additions of 3D Sensing and iris recognition into the next-generation iPhone devices and Samsung Galaxy S8 will generate a new wave of demand for IR (infrared) LEDs used in optical sensors. LEDinside, a division of TrendForce, has recently published its 2017 IR LED/IR Laser and Optical Sensor Market Report. In the report, LEDinside states that that the global market scale of IR LED and IR laser components used in iris and facial recognition solutions will grow from US$145 million in 2017 to US$827 million in 2025. The CAGR in the forecast period is estimated at 24%. Currently, the smartphone and the automotive markets are the two major application markets for IR LED, which has also appeared in a wide range of solutions related to areas such as security surveillance, iris/facial recognition, photoplethymography, time of flight 3D scanning, structured light 3D scanning and advanced driver assistance systems (ADAS). http://www.ledinside.com/

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