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on October 13, 2023
Infrared Detector Market Overview:
The global infrared detector market size is expected to grow US$ 969 Million, Globally, by 2030 at 7.6% CAGR. The market growth is driven by rising adoption in commercial and industrial applications.
Infrared detectors are sensors designed to detect infrared radiation and measure heat energy emitted by objects. They find applications across military & defense, industrial, commercial, and other sectors.
Based on working mechanism, the market is bifurcated into thermal detectors and photodetectors. The photodetectors segment accounted for a larger share in 2020 owing to higher sensitivity and accuracy.
Based on end-use sector, the infrared detector market is segmented into commercial, industrial, healthcare, automotive, consumer electronics, military & defense, and others. The industrial sector held the dominant market share in 2020.
Key Market Segments
By Working Mechanism:
- Thermal Detectors
- Photodetectors
By Wavelength:
- Near Infrared
- Shortwave Infrared
- Mid-wave Infrared
- Long-wave Infrared
Key Companies
Some of the major companies operating in the infrared detector market are:
- Honeywell International Inc.
- Texas Instruments Inc.
- Excelitas Technologies Corp.
- Hamamatsu Photonics K.K.
- Raytheon Company
- Omron Corporation
- Sofradir Group
- FLIR Systems Inc.
- Nippon Avionics Co., Ltd.
- Murata Manufacturing Co., Ltd.
These players are adopting strategies such as mergers & acquisitions, collaborations, and new product launches to expand their market share.
Market Drivers
The key factors driving the growth of the infrared detector market are:
- Increasing Adoption in Gas Analysis: Infrared detectors are extensively used in gas analyzers across various industries to identify gases and contaminants.
- Rising Use in Fire Detection Systems: Infrared detectors find widespread use in fire alarm and security systems for early fire detection.
- Surging Demand in Healthcare: Infrared detectors are integrated into medical devices for measurement of blood oxygen levels and monitoring of vital signs.
- Growing Automotive Applications: Infrared detectors are used in ADAS systems, night vision enhancement, occupant detection and pedestrian safety in modern vehicles.
- Technological Advancements: Emerging infrared technologies like Quantum Well Infrared Photodetectors (QWIPs) and Type II Superlattice provide higher sensitivity and performance.
Browse In-depth Market Research Report (141 Pages, Charts, Tables, Figures) on Infrared Detector Market –
https://www.marketresearchfuture.com/reports/infrared-detector-market-10795
Regional Insights
North America accounted for the largest revenue share in 2020 due to high adoption in the defense sector. The Asia Pacific market will grow at the highest CAGR over 2021-2026 period on account of rising product demand in China, Japan and India.
Industry Latest News
In March 2022,Excelitas Technologies introduced a new dual-band infrared detector for CO2 sensing applications. In January 2022, Teledyne FLIR launched Boson thermal camera modules for autonomous vehicles and ADAS. In September 2021, Sofradir launched a new high-performance infrared detector for industrial applications.
The infrared detector market is expected to exhibit strong growth in the coming years, driven by rising adoption across commercial, industrial, healthcare and automotive verticals. Technological advancements will further boost infrared detectors demand globally.
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Posted in: Technology
Topics:
infrared detector market