Infrared Detector Market: Good Growth Detected in the Near Future

Infrared detector is a sensing device that picks up infrared radiations within the infrared band range, with the two major types being photodetectors and thermal detectors. With the technology advancing with every step, the market for IR detectors has seen a substantial rise in their demand over the past few years. They are fast becoming popular in consumer electronic devices such as smartphones, smart TV, etc. Moreover, they are also used in military applications, which is another reason for boosting the growth of this market.

Drivers and Opportunities

The growth of the global infrared detector market can be primarily attributed to the following factors:

  • Growth in the awareness regarding IR detectors in manufacturing and industrial sectors
  • Growing uncooled infrared technology market
  • Increased usage of IR detectors across various applications

However, the growth of this market may be hampered due to its inability to function properly in harsh environments and the availability of substitutes for infrared gas detectors. Moreover, the high humidity rate, dusty environment, and ever-changing temperature may also affect the performance of detectors.

Market Forecasts

Projected to grow at a CAGR of 9.83% during the forecast period, the global infrared detectors market that was valued at USD 230.3 Million in 2014 is estimated to be valued at USD 405.2 Million by the end of 2020. Asia-Pacific was the biggest market for IR detector in 2014, and it is also expected to grow at the highest CAGR over the forecast period, thanks to the increasing demand from different applications like military & defense, temperature measurement, and other industrial applications.

Among application, people and motion sensing segment is likely to drive this market towards growth, and is also expected to be the largest market over the forecast period. The main reasons responsible for the growth of this market are the increasing demand for IR detectors at airports, retail shops, museums, and libraries to keep a track of the number of people visiting.

Based on type, the pyroelectric detectors took up the largest share of the market in 2014. Whereas based on technology, the market for uncooled infrared detector technology is projected to hold the largest market share over the forecast period. Moreover, based on wavelength, the market for long-wave infrared detectors is expected to be the largest between 2015 and 2020.

The leading players operating in the global market for infrared detectors include Excelitas Technologies Corp., (U.S.), Nippon Ceramic Co., Ltd (Japan), Hamamatsu Photonic K.K. (Japan), Murata Manufacturing Co., Ltd (Japan), FLIR Systems Inc. (U.S.), Honeywell International Inc. (U.S.), Texas Instruments Inc. (U.S.), Infra Tec GmbH (Germany), Raytheon Company (U.S.), Omron Incorporation (Japan), and Sofradir (France) among others.

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Research Scope

The global market for IR detector has been analyzed and forecasted on the basis of following segmentation:

  • Type: Mercury Cadmium Telluride (MCT), Indium Gallium Arsenide (InGaAs), Pyroelectric, Thermopile, Microbolometer, Others (PbS & PbSe)
  • Technology: Cooled, Uncooled
  • Wavelength: Short-wave, Medium-wave, Long-wave
  • Application: People and Motion Sensing, Temperature Measurement, Industrial, Spectroscopy & Biomedical Imaging, Military and Defense, Automotive, Smart Home, Others
  • Geography: North America, South America, Europe, Asia-Pacific, RoW

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