Infrared (IR) Detector Market Size:
According to research cosmos analysts, the infrared (IR) Detector market size is estimated to reach a value of USD $ 464 Mn by 2022at a CAGR of 9.1% during the forecast period of 2018 – 2022.
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Infrared (IR) Detector Market Overview
An infrared (IR) detector acts in response to infrared radiation and is a transducer that transforms the infrared radiation energy into a measurable form. The two main types of infrared detectors are photodetectors and thermal detectors. Infrared detectors reach a substantial penetration of the market, and new technologies in this market are emerging every day. IR detectors are becoming increasingly essential components of consumer electronics, such as smart TVs, smartphones, etc.
Growth driving factors of Infrared (IR) Detector Market
It is expected that the strong demand for security in commercial environments such as airports, offices, hotels and hospitals will stimulate the growth of the infrared detector market. It is also expected that the growing demand for consumer electronics applications such as smart TVs, tablets and smartphones will increase the sales of infrared detectors in the near future.
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Geographic Insights of Infrared (IR) Detector Market:
The market for infrared detectors in Asia Pacific is expected to grow faster during the forecast period due to strong government support and the huge consumer electronics industry. The widespread adoption of infrared detectors in the latest range of applications such as security, consumer electronics and smart homes has driven market growth. In addition, the presence of several key companies has catalyzed the market.
Detailed Market Segmentation of Infrared (IR) Detector Market:
Main key players in Infrared (IR) Detector Market
- Excelitas Technologies Corp.
- Hamamatsu Photonics KK
- FlIR Systems Inc.
- 5 + More Key Players
Infrared (IR) Detector Market – By Product:
- Short Wave Infrared Detectors (SWIR)
- Mid Wave Infrared Detectors (MWIR)
- Long Wave Infrared Detectors (LWIR)
Infrared (IR) Detector Market – By Applications:
- Security Electronics
- Consumer Electronics
- Automotive
- Military Applications
Infrared (IR) Detector Market – By Regions:
- North America
- Asia-Pacific
- Europe
- Central & South America
- Middle East & Africa
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