IR Detector Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

IR Detector Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

  • Transparency Market Research
  • Ongoing
  • Semiconductors

Report Description

An infrared (IR) detector is a detector which acts in response to infrared radiation. It is a transducer that transforms radiant energy in the infrared into a measurable form. The two primary types of IR detectors are photodetectors and thermal detectors. IR detectors are attaining substantial market penetration; and newer technologies in this market are emerging every day. IR detectors are increasingly becoming prime component of consumer electronics devices such as smart TV, smartphone and others.

High demand for security at commercial environments such as airports, offices, hotels and hospitals is expected to boost IR detector market growth. Rising demand from consumer electronics applications such as smart TVs, tablets and smartphone is also expected to drive the sales of IR detectors in the near future. Moreover, factors such as lower price of IR detectors in forthcoming years and use of night vision ability in military applications are supporting the growth of IR detectors market. Additionally, development of IR detectors in terms of size, weight and power and emergence of large consumer electronics applications are acting in the favor of IR detector market growth. However, government regulations and high cost of technologies such as mercury cadmium telluride (MCT) and Indium gallium arsenide (InGaAs) continue to be prime challenge for the growth of IR detectors market. The U.S. and Japan are the leading regions for IR detectors market owing to the presence of the largest manufacturers of IR detectors in these regions.

The market is segmented by technology, spectral range, end-user sectors and applications. Types of IR detectors based on technology include mercury cadmium telluride (MCT), thermopyles, InGaAs, microbolometers and pyroelectric IR detectors. Based on spectral range, IR detectors can be categorized into short wave infrared (SWIR), long wave infrared (LWIR) and mid wave infrared (MWIR) detectors. These IR detectors are being used in multiple end-user segments such as military, medical, scientific, automotive, security and industrial areas. Common applications of IR detectors cover rail safety, flame detection, gas leak detection, alcohol level testing for driving under influence (DUI), petroleum exploration, anesthesiology testing, space operations, water and steel analysis and temperature sensing. Additionally, IR detectors are being used in thermal night vision goggles. IR detectors assist night flying, night driving, and night surveillance, wildlife observation and search, sleep lab monitoring and rescue missions. IR motion detectors are applied in home alarm systems as well.

LWIR detector market is the prominent market and growing at highest rate, primarily, due to its wide application range and low price. Thermopyle, microbolometers and pyroelectric technologies are popular within LWIR spectral range. InGaAs and MCT are costly technologies, and are very popular in military applications. By way of development of new products and progression of IR technologies, InGaAs and MCT are applicable for a broader range of products namely spectroscopy and bio-medical imaging. Prominent players in the market include Excelitas Technologies Corp., Hamamatsu Photonics KK, FlIR Systems Inc., Melexis NV, Omron Corporation, Murata Manufacturing Co. Ltd., Raytheon Co., ULIS, Texas Instruments Inc. and Vigo System S.A. among others.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America

This report provides comprehensive analysis of

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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