Infrared detector is a device that is used to detect infrared radiation to measure heat and detect motion. Infrared detectors are used in a wide variety of devices like automobiles, testing, detection, surveillance, measurements. Military defense, aerospace and residential & commercial are the major segments that generate the highest demand for infrared detectors. Infrared detectors are recognized for their widely used in various applications such as infrared gas analysis, temperature control systems, and flame detection, detection of human presence, infrared spectroscopy, security and monitoring purposes. Also, they are used in several daily activities such as houses, cars, and shopping malls. The market size of the Infrared Detector Market is anticipated to grow from USD 361.32 million in 2020 to USD 1035.2182 million by 2030, at a CAGR of 11.1% approx., during the forecast period.
Market Segmentation:
The global infrared detector market is segmented by type into thermal detector and photo detector. On the basis of wavelength of spectral range, the detectors are divided into short-wave IR, medium-wave IR, and long-wave IR. By application, detectors are used for aerospace & defense, industrial, medical, automotive, security, and consumer electronics and other sectors. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW
Market Dynamics and Factors:
Increasing adoption of infrared technology in the motion sensing and temperature measurement applications is driving the growth of the infrared detector market. High demand for LWIR (long-wavelength infrared radiation) products for military & defense purposes for the security and surveillance application is one of the major factors leading to the dominant position of the LWIR detectors segment in the market. Long-wavelength detectors have also gain access significantly in various industries, such as residential & commercial, aerospace, automotive, food & beverages, and healthcare. High demand for these detectors from the above industries can be mainly attributed to their lower cost than most MWIR (medium wavelength infrared radiation) and SWIR (short wavelength infrared radiation) detectors. Infrared detectors are more expensive than other detectors as they require additional semiconductor components for increased sensitivity. Due to high installation costs and limited accuracy conditions could limit the growth of the market. But technological advancement in the infrared detector and downswing in prices in the future could provide potential growth opportunities for the market.
Geographic Analysis:
North America covered the largest share of the market during the forecast period. Owing to the high demand for applications such as military surveillance, motion sensing, temperature measurement, and security purpose. Asia-Pacific is expected to grow at the fastest CAGR during the forecast period because of strong government support and a huge consumer electronics industry. Large scale adoption of the infrared detectors in the latest range of applications such as security, consumer electronics, and smart homes has led the market growth. Furthermore, the presence of various key companies has catalyzed the market. The companies adopting various growth strategies, such as collaborations, acquisitions, and product development. Lucrative markets such as China and Japan offer huge growth opportunities to infrared detector manufactures.
Competitive Scenario:
The major key players in the market such as Texas Instruments Inc., Honeywell International Inc., Omron Corporation, Excelitas Technologies Corp., Hamamatsu Photonic K.K., FLIR Systems Inc., Murata Manufacturing Co., Ltd., Raytheon Company, Sofradir, Lynred, and Nippon Avionics.
Infrared Detector Market Report Scope
| Report Attribute | Details |
| Analysis Period | 2020–2030 |
| Base Year | 2021 |
| Forecast Period | 2022–2030 |
| Market Size Estimation | Million (USD) |
| Growth Rate (CAGR%) | 11.1 % |
|
| By Type (Thermal Detector and Photo Detector), By Spectral Range (Short-Wave IR, Medium-Wave IR, and Long-Wave IR), By Application (Aerospace & Defense, Industrial, Medical, Automotive, Commercial, Security, and Consumer Electronics) |
| Geographical Segmentation | North America (U.S., Canada, Mexico) Europe (UK, Germany, Italy, France, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), South America (Brazil, Argentina, Rest of SA), MEA (UAE, Saudi Arabia, South Africa) |
| Key Companies Profiled | Texas Instruments Inc., Honeywell International Inc., Omron Corporation, Excelitas Technologies Corp., Hamamatsu Photonic K.K., FLIR Systems Inc., Murata Manufacturing Co., Ltd., Raytheon Company, Sofradir, Lynred, and Nippon Avionics. |
