The latest research by LEDinside, a division of TrendForce, sees a significant growth for the infrared (IR) LED market in the near future. LEDinside’s 2Q15 Gold Member Report - 2015 Global LED Supply and Demand Market provides a clear outline on the IR LED’s wide range of applications, such as imaging sensors, motion sensors, light sensors, proximity sensors, position detection systems, biometric recognition systems, and heart rate and blood oxygen monitors.