Infrared Detectors Market Revenue to Exceed US$865 Million to 2027 – IndustryARC


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The global semiconductor industry has been a major driving factor for the infrared detector market.

HYDERABAD, TELANGANA, INDIA, Oct. 31, 2022 / — IndustryARC in its latest report predicts the Infrared Detectors market size to reach US$865 million by 2027 growing at a CAGR of 7. 8% in 2022-2027. An infrared detector is a detector that detects infrared radiation and reacts accordingly as programmed. Infrared detectors are gaining ground as a very important security device in various applications, owing to the rapid development of technologies. Based on the applications, different IR detectors of different types come into use such as pyroelectric, thermopile, microbolometer and others. They are used in industrial facilities to monitor the proper operation of motors, boilers, electrical devices and bearings. The report offers a comprehensive analysis of the market, its main segments, growth factors, trends, drivers and challengers, key players and more.

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Key points to remember:

This IndustryARC Infrared Detectors Market report highlights the following areas –

• Growing manufacture of various electronic devices with incorporation of infrared detectors in industrial automation, consumer electronics, and automotive sector is analyzed to significantly boost the market during the forecast period 2022-2027.

• People and motion detection applications are expected to hold the highest market share of 28.11% in 2021 during the forecast period owing to the rising threat of international terrorism coupled with rising military spending and defense, the market is driving the adoption of infrared imaging and sensing technologies in the security and surveillance and military and aerospace sectors.

• Consumer electronics is analyzed to hold the highest share of 31.77% in 2021 owing to the growing applications of IR detectors in TV, electrical appliances, DVD players, air conditioners and many other devices electronics.

• APAC is analyzed to experience the highest growth during the forecast period owing to the growing government involvement in the military and defense and research sector. Additionally, the growing demand for various consumer electronics in this region with growing population tends to bring significant market growth to the infrared detector market.

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Segmental analysis:

• By Application, the Infrared Detectors market report is segmented into Temperature Detectors, People & Motion Detection, Gas & Fire Detection Systems, Smart Building IR Systems, Biomedical Spectroscopy & Imaging, HVAC and Others .

• By end-use industry, the Infrared Detectors market report is segmented into consumer electronics, telecommunications, industrial automation, automotive, healthcare, space & research, military & defense, surveillance and others.

• Asia-Pacific is analyzed to be the leading region with 32% share in 2021 for Infrared Detectors Market owing to leading research, availability of tech giants in the field of electronics and the huge demand for various electronic devices in this region.

Competitive Landscape:

Top 5 Infrared Detector Industry Players are –

1. Excelitas Technologies
2. FLIR Systems Inc.
3. Hamamatsu Photonics
4. Murata Manufacturing
5. Texas Instruments

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Related reports:

A. Infrared Sensor Market – Forecast (2021-2026)

B. Infrared Transmitters & Receivers Market – Forecast (2021-2026)

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