Infrared Detector Market Size, Share & Trends Report

Infrared Detector Market Size, Share & Trends Analysis Report By Spectral Range, By Technology, By Application, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2019 To 2025

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  • Report ID: GVR927
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The global infrared detector market is expected to show appreciable growth over the forecast period, on account of the growing demand for consumer electronics and rising security concerns. Cooled detectors rely on a cryogenic cooling mechanism as opposed to their uncooled counterparts. As a result, uncooled IR detectors have significantly smaller size, cost, and complexity. Lowering prices is expected to drive the global IR detector market. Rising consumer electronics applications and night sighting capabilities are also expected to be key drivers for the global market. However, high cost of the technology and government regulations pose a restraint to market growth. Application in uncooled IR cameras for remote sensing could serve as a key opportunity to the IR detector market in the coming years.

The global infrared detector market can be segment on the basis of spectral range, technology, and application. On the basis of their spectral range, the detectors can be segmented as short wave infrared detectors (SWIR), mid-wave infrared detectors (MWIR), and long-wave infrared detectors (LWIR). Out of these, the LWIR market is expected to be the largest and most attractive market segment over the forecast period owing to its wide application range and low price.

Underlying technology for IR detectors includes InGaAs, Mercury Cadmium Telluride (MCT), microbolometers, pyroelectric and thermopile. Automotive, consumer electronics, medical, military, and security are the key application segments. Security and consumer electronics are the largest application segment of the infrared detector market. These products can be used for security at commercial places such as airports, hospitals, offices, hotels or homes. They are widely used in consumer electronic devices such as smartphones, tablets, and smart TVs. IR detectors enable users to see at night; therefore, automotive and military applications are expected to witness high growth.

Asia Pacific accounts for the largest market share followed by North America owing to the presence of a large number of manufacturers in the region, especially in Japan and the U.S. Key players include Excelitas Technologies Corp., Texas Instruments Inc., FLIR Systems Inc., Raytheon Co., Omron Corporation, Hamamatsu Photonics KK, ULIS and Murata Manufacturing Co. Ltd.

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