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  • Infrared Detector Market Report | 2023-2028

    Infrared Detector Market Report | 2023-2028

    Infrared Detector Market Report | 2023-2028
    Report code - SRCG190 Delivery - 2 Weeks
    Infrared Detector Market Size, Share, Trend, Forecast, Industry, and Growth Analysis |&nbs See more...

    Market Insights

    The global infrared detector market size was estimated at US$489.15 million in 2022 and is lkely to grow at a CAGR of 6.76% during 2023-2028 to reach US$ 724.52 million in 2028.

    Infrared Detector Market Size

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    What are infrared detectors?

    An infrared detector is used for the detection of infrared lights. There are two main basic forms of infrared detectors viz. thermal and photonic. It is extensively used in still and video night vision cameras.

    An infrared detector works on the principle of infrared radiation emitted by the component during which it releases heat to the atmosphere. The technique was first used in 1800 when a prism was used to detect infrared bands.

    Global Infrared Detector Market Highlights

    Market Size in 2022

    US$ 489.15 Million

    Market Size in 2028

    US$ 724.52 Million

    Market Growth by 2022-2028

    CAGR of 6.76%

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2023-2028

    Dominant Region

    North America is projected to remain the largest market.

    Market Dynamics

    The following are the key drivers of the global market:

    Increasing demand for security and surveillance systems: The increasing demand for security and surveillance systems is a key driver of the infrared detector market. The increasing demand for security and surveillance systems is being driven by several factors, including:

    • Rising crime rates: Crime rates have been rising in many parts of the world, which is leading to an increased demand for security and surveillance systems.
    • Growing security concerns: People are becoming increasingly concerned about their safety and security, which is leading them to invest in security and surveillance systems for their homes, businesses, and other properties.

    Gaining popularity of technology: Infrared detector technology is constantly advancing, making infrared detectors more affordable, efficient, and versatile.

    The rapid adoption of infrared detectors in various industries: Infrared detectors are being rapidly adopted in a variety of industries, including security and surveillance, industrial automation, manufacturing, healthcare, and transportation. The following are some specific examples of how infrared detectors are being used in different industries:

    • Industrial automation: Infrared detectors are used in industrial automation to monitor the temperature of machinery and equipment, detect defects in products, and control conveyor belts and other automated systems.
    • Manufacturing: Infrared detectors are used in manufacturing to inspect products for defects, measure the temperature of molten metal, and detect the movement of objects on assembly lines.
    • Healthcare: Infrared detectors are used in healthcare to measure the temperature of patients, detect tumors, and guide minimally invasive surgery.

    Infrared Detector Market Snapshot

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    Key Players

    Some of the major global infrared detector manufacturers are-

    Segments Analysis

    By Wavelength Type

    The market is segmented into near-infrared and short-wave infrared, mid-wave infrared, and long-wave infrared. The long-wave infrared is likely to remain dominant in the market during the forecast period, owing to wider applicability in various industries with high demand from the military & defense industry for security and surveillance applications.

    By End-User Type

    The infrared detector market is segmented as industrial and non-industrial. The non-industrial segment is estimated to remain the largest end-user of the market during the forecast period, driven by high demand from military & defense and residential & commercial sectors.

    Regional Analysis

    North America is projected to remain the largest market over the next five years, with the USA being the key growth engine of the region’s market. The dominance of the region is attributed to the large defense industry of the USA and the rapid adoption of the technology by other non-industrial sectors of the region.

    Infrared Detector Market Region

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    Segmentation

    This report studies the market covering 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    The global infrared detector market is segmented into the following categories:

    By Product Type

    • Mercury Cadmium Tellurides (MCT)
    • Indium Gallium Arsenide (InGaAs)
    • Pyroelectric
    • Thermopile
    • Microbolometer
    • Others

    By Technology Type

    • Cooled
    • Uncooled

    By Wavelength Type

    • Near Infrared and Short-Wave Infrared
    • Mid-Wave Infrared
    • Long-Wave Infrared

    By Application Type

    • People and Motion Sensing
    • Temperature Measurement
    • Security and Surveillance
    • Gas and Fire Detection
    • Spectroscopy and Biomedical Imaging
    • Scientific Applications

    By End-User Type

    • Industrial
    • Non-Industrial

    By Region

    • North America (Country Analysis: the USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Report Features

    This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth analysis of the global infrared detector market.

    How lucrative is the future?

    The market forecast and trend data and emerging trends.

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts.

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast.

    What are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis.

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, and Life cycle analysis.

    What are the factors affecting the market?

    Drivers & challenges.

    Will I get the information on my specific requirements?

    10% free customization

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

    We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Target Audience

    The following is a list of the customers that the market aims to convert the most:

    • Manufacturers
    • Suppliers
    • Distributors
    • Organizations
    • Government bodies

    Critical Questions Answered in the Report

    • What are the key trends in the market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the market?
    • What are the key strategies adopted by the major vendors to lead in the market?
    • What is the market share of the top vendors?

    Report Customization

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    An infrared detector is used for the detection of infrared lights. There are two main basic forms of infrared detectors viz. thermal and photonic. It is extensively used in still and video night vision cameras. An infrared detector works on the principle of infrared radiation emitted by the component during which it releases heat to the atmosphere. The technique was first used in 1800 when a prism was used to detect infrared bands.

    The global infrared detector market is expected to grow from US$ 489.15 Mn in 2022 to US$ 724.52 Mn by 2028.

    The market is expected to grow at a CAGR of 6.76% during the forecast period.

    Some of the major infrared detector manufacturers are- Excelitas Technologies Corp., Nippon Ceramic Co., Ltd., Hamamatsu Photonics K.K., Murata Manufacturing Co., Ltd., FLIR Systems, Inc., Texas Instruments Inc., Omron Corporation, InfraTec GmbH, Lynred, and TE Connectivity Ltd.

    North America is projected to remain the largest market over the next five years, with the USA being the key growth engine of the regions market.