An infrared or IR detector is a sensor which detects or measure infrared radiation. IR detector converts infrared radiation into a measurable form. It plays a vital role in consumer electronics devices for instance smart TV, smartphone, and many others. It is used in night-vision applications, monitoring processes with temperature variation, security, aerospace applications, identifying ecological disasters, medical applications, and more. Owing to its compact size & ability to detect infrared light from far distances, it is highly used in various application.
According to study, “World Infrared Detector Market Research Report 2024(covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world infrared detector market are Excelitas Technologies Corp., Hamamatsu Photonic KK, Nippon Ceramic Co. Ltd., Flir Systems Inc., Murata Manufacturing Co. Ltd., Honeywell International Inc., Texas Instruments Inc., Raytheon Company, Omron Corporation, Zhejiang Dali, Sofradir SAS, Kunming Institute of Physics, Wuhan Guide, IRay Technology, North GuangWei, ULIS SAS, Infratec GmbH, ABB Ltd., Google Inc., Siemens AG, Vigo System S.A., IBM Corporation, Melexis NV, Microsoft Corporation. The key players are dedicated to increase their business operations in the emerging countries with acquisition & product launch as a preferred strategy.
Based on detector type, infrared detector market is segmented into thermopile, pyroelectric, thermal detector, microbolometer, photo detector, Indium Gallium Arsenide (Ingaas) and Mercury Cadmium Telluride (MCT). Based on spectral range, market is segmented into short-wave infrared, medium-wave infrared and long-wave infrared. Long-Wave infrared detectors dominates the market owing to ability to sense thermal signs and offer excellent detection capability in low-light-level conditions. Based on technology, market is segmented into cooled IR detector technology and uncooled IR detector technology. Cooled IR detector technology rely on cryogenic cooling mechanism as opposed to the uncooled counterparts. As a result, uncooled IR detectors technology have significantly smaller size, complexity and cost. In addition, based on application, market is segmented into industrial (surveillance & security and fire & gas detection), temperature measurement (contact temperature measurement and non-contact temperature measurement), people & motion sensing, smart homes, heating, ventilation, and air conditioning (HVAC), spectroscopy & biomedical imaging and military & defense.
The infrared detector market is driven by rise in security concerns at commercial environments for instance airports, hotels, offices, and hospitals, followed by increase in use of infrared detectors in industrial & manufacturing applications, presence of large number of manufacturers, intellectual proprietary licensing, lower price of IR detector and growth in government investments for military & defense. However, low reliability & usability in harsh environmental conditions and high installation cost may impact the market. Moreover, expand in scope for uncooled IR detector in remote sensing & hyper spectral imaging and increase in scope for consumer electronics application are key opportunities for market.
Based on geography, Japan country holds major share, followed by USA country in infrared detector market owing to huge consumer electronic industry and robust governmental support in the country. EU is expected to witness higher growth rate due to rise in security concerns over the forecast period. It is anticipated that the market will be reached at US $ 700.1 million, by 2024.
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Ankur Gupta, Head Marketing & Communications