Infrared Detector Market by Types, Spectral Range - 2022

Infrared Detector Market

Opportunities and Forecasts, 2014 – 2022

No of Pages: 180 Published date: Dec- 2016

Introduction to Infrared Detector Market

• Infrared Detector Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $466 million by 2022, registering a CAGR of 9.7% during the period 2016-2022.

• In the year 2014, North America dominated the market and contributed more than 33% share of the overall market revenue followed by Asia-Pacific.

• The presence of key market players in U.S. and Asia-Pacific, rapid industrialization, primarily in manufacturing sectors, rise in demand for better security and monitoring systems, increased application of infrared detectors in residential & consumer electronics sector and increase in government initiatives in aerospace & defense sector have fueled the infrared detector market growth.

• However, high cost and limited accuracy in harsh conditions could restrict the market growth.

• The photo infrared detectors accounted for about 61% of the overall infrared detector market in 2014.

Introduction to Infrared Detector Market • Higher accuracy and fast response of photo infrared detectors led this segment to dominate the overall infrared detector market.

• However, thermal infrared detector segment is expected to register a CAGR of 11.6 % and demonstrate significant growth during the forecast period.

• This is due to the low cost and less maintenance as many renowned companies have launched advanced technology products.

• Moreover, North America has contributed significantly in the photo infrared detector segment.

• Even though, North America contributed towards the maximum revenue share in 2014. AsiaPacific is expected to show highest CAGR during the forecast period.

• This could be attributed to various factors including increase in the security concerns in residential and industrial sectors and numerous government initiatives

Infrared Detector Market Key Segments

Thermal detector Type Thermopile

Infrared Detector Market

Short-Wave Infrared Spectral Range

Medium-Wave Infrared Aerospace & Defense Application Industrial

Infrared Detector Market Top Winning Strategies

Top Winning Strategies

Infrared Detector Market Key Segments • The study provides an in-depth analysis of the global infrared detector market to elucidate the prominent investment pockets in the market.

• Current and future trends are outlined to determine the overall market scenario and single out profitable trends • The report provides information regarding key drivers, restraints, and opportunities with impact analysis • Geographically, the market is analyzed based on four regions namely, North America, Europe, Asia-Pacific, and LAMEA

• Analysis of value chain is conducted for better understanding of the role of intermediaries

Infrared Detector Market By Geography

North America, Europe, Asia-Pacific, LAMEA

Key Players of Infrared Detector Market • Texas Instruments Inc. • Honeywell International Inc. • Omron Corporation • Excelitas Technologies Corp.

• Hamamatsu Photonic K.K. • FLIR Systems Inc. • Murata Manufacturing Co.Ltd. • Raytheon Company • Sofradir • Nippon Avionics.

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