According to a new report "IR Detector Market by Technology (MCT, InGaAs, Pyroelectric, Thermopyle, Microbolometer), Application (People & Motion Sensing, Temperature Measurement, Fire & Gas Detection, Spectroscopy), Spectral Range (S/M/LWIR) & by Geography - Global Forecast to 2013 - 2020", published by MarketsandMarkets, the total market is expected to reach $704.8 Million by 2020 growing at a CAGR of 11.9% from 2014 to 2020.
Browse more than 76 market data tables with 45 figures spread through 190 pages and in-depth TOC on "IR Detector Market"
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The rising security concerns and the growth in the demand of 'contact less temperature measurement' and 'motion sensing' in consumer electronics application - have boosted the IR Detector Market. In the overall IR Detector Market, the people and motion sensing application is expected to be the highest revenue generator and lead the market, from the demand side. The APAC region will lead the IR detector market with regards to the people and motion sensing and temperature measurement applications; the Americas and Europe will follow shortly.
Infrared detectors are transducers of radiant energy that convert the radiation of the objects in the infrared range to a measurable form. Large scale adoption of the IR detectors in the latest range of applications such as security, consumer electronics and smart homes, is driving the overall market. The use of IR detectors in temperature measurement and spectroscopy applications is expected to increase in future.
The report gives a brief overview of the global market in the present scenario, and discusses the history and evolution; and covers the detector market by technology, spectral range, application, and geography. Each classification done for the global market comprises an extensive segmentation with market estimates and forecasts for each sub-market. The report analyzes the entire IR detector industry’s value chain.
The global IR detector market is expected to reach $704.8 million by 2020, growing at a CAGR of 11.9% from 2014 to 2020.
The report covers the ‘cooled’ and ‘uncooled’ IR detectors; covering the short wave infrared, mid wave infrared, and the long wave infrared market;that is from 1ìm-15ìm.
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The IR detector report's detailed segmentation by technology, by applications, by spectral range and by geography - covers all the existing and emerging technologies in the IR detector market. The major technologies that have been extensively covered in the report are the MCT, InGaAs, Thermopyle, Pyroelectric, and Microbolometers. The IR detector market is segmented by applications such as: people and motion sensing, temperature measurement, fire and gas detection, spectroscopy, bio medical imaging, smart homes, and others.
The IR Detector Market has also been segmented by spectral range, which includes : Short Wave Infrared (SWIR), Mid Wave Infrared (MWIR), and Long Wave Infrared (LWIR). One of the key objectives of the research study was to analyze the market trends for each of the four regions; namely: the Americas, Europe, APAC, and ROW.
Apart from the market segmentation, the report also includes qualitative analysis of the market like the Porter's five force analysis;and market dynamics such as the drivers, restraints, opportunities, winning imperatives, and the burning issues with respect to the overall IR detector market.
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