Infrared Sensor Market Poised to Grow at a CAGR of X.X% by 2024

Infrared Sensor Market Poised to Grow at a CAGR of X.X% by 2024


Infinium Global Research has added a new report on Infrared Sensor Market. The report presents analysis of global as well as regional markets of infrared sensor market over the period of 2016 to 2024.

 

Infrared radiation is an electromagnetic wave with wavelength range from 700 nm to 1 mm. Objects with temperature above zero kelvin emit infrared radiations. However, intensity and wavelength of infrared radiation depends on the temperature of the object. An infrared sensor is an electronic instrument that is used to sense certain characteristics of its surrounding by either emitting or detecting infrared radiations. Infrared technology finds applications in many everyday products for instance television. The key applications of infrared sensors are in night vision devices, Infrared Astronomy and Infrared Tracking. The major application of the infrared sensors is in the military sector for motion imagery that helps in the identification of potential targets. A passive infrared sensor is an electronic sensor that measures infrared light radiating from objects in its field of view. They are most often used in passive infrared-based motion detectors. High Adoption in security and surveillance application and Increasing adoption of infrared cameras in inspection and quality control application are the major factors driving the growth of the infrared sensor market. In addition, high popularity of uncooled infrared cameras is anticipated to boost the market during the forecast period. The rising demand of wearable technology is slated to increase the demand of infrared sensors in the consumer electronics segment. However, factors such as humidity, constantly changing temperature and dusty environments can cause problems in the in the working of infrared sensors as it affects the sensitivity of the detectors of the infrared sensors which in turn, is likely to hamper the growth of the infrared sensor market. Furthermore, low power consumption and increasing demand for infrared sensors in gaming is projected to create immense growth opportunities for the key players in the infrared sensors market. Among the geographies, Asia Pacific is projected to be the dominating region followed by Europe in the infrared sensors market. North America has been registering greater demand for infrared sensors, and is expected to continue doing so throughout the forecast period. Moreover, the adoption of infrared sensors for unmanned aerial vehicles and drones is likely to drive the market growth in the European region. In addition, the increasing usage of infrared sensors in motion sensing and various other defense applications is estimated to boost the North America market for infrared sensors in the upcoming years. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global infrared  sensor market but also make strategic decisions to capture the most lucrative markets in the near future.

 

The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global infrared sensor market report by clicking the following link, Use code IGRD15 to request the discount in the given form

https://www.infiniumglobalresearch.com/reports/request-discount/1492

 

The recent report identified that North America dominated the global infrared sensor market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the infrared sensor market worldwide. The report segments the global infrared sensor market on the basis of Type, Detection Type, Products and End use Industry.

 

Global Infrared Sensor Market by Type

·         Passive

·         Active

 

Global Infrared Sensor Market by Detection Type

·         Cooled

·         Uncooled

 

Global Infrared Sensor Market by Products

·         Laser

·         LED

·         Others

 

Global Infrared Sensor Market by End Use Industry

·         Automotive

·         Oil And Gas

·         Healthcare

·         Consumer Electronics

·         Aerospace And Defense

·         Chemical

·         Mining

·         Others

 

Companies Profiled in the Report

·         Panasonic

·         Vishay

·         Honeywell

·         texas

·         Murata Manufacturing

·         Hamamatsu Photonics

·         InfraTec GmbH

·         Excelitas Technologies

·         Teledyne

·         FLIR Systems, Inc.

 

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