Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on infrared sensor market provides in-depth analysis of segments and sub-segments in global as well as regional infrared sensor market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional infrared sensor market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global infrared sensor market. According to the report the global infrared sensor market is projected to grow at a CAGR of X.X% over the forecast period of 2018-2024.
Infrared radiation is an electromagnetic wave with a wavelength range from 700 nm to 1 mm. Objects with the temperature above zero kelvin emit infrared radiations. However, the intensity and
wavelength of infrared radiation depend 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 the inspection
and quality control application are the major factors driving the growth of the
infrared sensor market. In addition, the high popularity of uncooled infrared
cameras is anticipated to boost the market during the forecast period. The
rising demand for wearable technology is slated to increase the demand for
infrared sensors in the consumer electronics segment. However, factors such as
humidity, constantly changing temperature and dusty environments can cause
problems 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 are 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.
The report on global infrared sensor market covers segments
such as type, detection type, products, and end use industry. On the basis of type, the global infrared
sensor market is categorized into passive and active. On the basis of the detection
type, the global infrared sensor market is categorized into cooled and uncooled.
On the basis of products the global infrared sensor market is categorized into the laser, led and others. On the basis of end use industry, the global infrared the sensor market is categorized into automotive, oil and gas, healthcare, consumer
electronics, aerospace and defense, chemical, mining, and others.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain and Rest of Europe are included in the European region.
The U.S. drives
the growth in the North America region as it is the largest market in the
region. The Asia-Pacific region offers a substantial potential for the market
growth owing to rapid growth in markets such as India and China. The APAC
region is projected to experience growth at a CAGR of x.x% over the period of
2018-2024.
The report provides profiles of the companies in the global infrared
sensor market such as Panasonic, Vishay, Honeywell, Texas, Murata
Manufacturing, Hamamatsu Photonics, InfraTec GmbH, Excelitas Technologies,
Teledyne and FLIR Systems, Inc.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into
the factors that are driving and restraining the global infrared sensor market.
Moreover, IGR-Growth Matrix analysis given in the report brings an insight into
the investment areas that existing or new market players can consider. The
report provides insights into the market using analytical tools such as
Porter's five forces analysis and DRO analysis of infrared sensor market.
Moreover, the study highlights current market trends and provides forecast from
2018-2024. We also have highlighted future trends in the infrared sensor market
that will impact the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players. This report will help manufacturers,
suppliers, and distributors of the infrared sensor market to understand the
present and future trends in this market and formulate their strategies
accordingly.
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