Infrared Emitter & Receiver Market Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (2021 – 2026)
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• Infrared Emitter & Receiver market size was valued at $210.5 million in 2020 and it is estimated to grow at a CAGR of 4.95% during the period 2021-2026. •
The rising popularity of IR sensors, IR imaging devices cameras for border security and various security applications is one of the main growth drivers of this technology.
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Apart from that, increasing adoption infrared technology across various industries for security-surveillance, motion detection, moist detection, temperature detection, sensing and measurement are set to drive the growth of Infrared Emitter & Receiver industry. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Key Takeaways
• LWIR is anticipated to witness the fastest growth during the forecast period 2021-2026, its suitability for various military and fire-fighting applications are the key factors behind this growth. • With growing crime rates, investment in defense and military sector is rising, due to which this sector will register highest market growth during 2021-2026. • North America dominated the market with major market share of 30.56% in 2020, owing to early adoption of IR technology, increasing investment in defense sector and others. • Adoption of infrared technology for security-surveillance services and growing demand for IR sensors are few of the main driving factors of the market. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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By Distribution Channel- Segment Analysis
• By wavelength range, this market is segmented into near infrared, short-wave infrared (SWIR), mid-wave infrared (MWIR), long-wave infrared (LWIR) and Far Infrared. LWIR held major share 26.91% in 2020, due to its suitability for fire-fighting and military applications, as LWIR imaging works better than MWIR in fog or rainy conditions. In May 2020, Sierra-Olympic technology launched a new Vayu Long-wave Infrared (LWIR) HD thermal camera with a complete HD and un-cooled VOX microbolometer array, ideal for unmanned aerial vehicles (UAVs) airborne photogrammetry, unmanned ground vehicles (UGVs) as well as unmanned surface vehicles (USVs) and persistent security surveillance. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Infrared Emitter & Receiver Market Industry Outlook • • • • • • • • • •
FLIR Systems, Inc. Cree, Inc. Honeywell International, Inc. Raytek Corporation Texas Instruments Inc. Lite-On Technology, Inc. Murata Manufacturing Co.Ltd. Rohm Co., Ltd. Osram Opto Semiconductors GmbH Vishay Intertechnology, Inc
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Infrared Emitter & Receiver Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (2021 – 2026) Learn More About the Report
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