IR Detector Market is expected to reach $704.8 Million by 2020 growing at a CAGR of 11.9% from 2014 to 2020.
Dallas, Texas (PRWEB) March 17, 2014
The IR detector technologies enable the systems that help to interact with the outer world without touching it. It mainly detects the radiations from the objects around it. This report gives a detailed analysis of these detection technologies, and their broad existing and emerging markets. The overall market for the IR detectors has been broadly classified into four major segments; namely by technology, by applications, by spectral range, and by geography.
The technologies covered include MCT, InGaAs, Thermopyle, Pyroelectric, and Microbolometers. The spectral ranges covered are ShortWave Infrared (SWIR), Mid Wave Infrared (MWIR), and Long Wave Infrared (LWIR).
LWIR detector market is the largest and the fastest growing market for IR detectors, mainly, due to its low price and wide application range. Thermopyle, Pyroelectric, and Microbolometers technologies are the most popular for this spectral range. MCT and InGaAs are expensive technologies, which are more popular in military applications. With the new product developments and advancement of these technologies, they are finding applications in a wider range of products such as bio medical imaging and spectroscopy.
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The IR detectors have key applications in people and motion sensing, temperature measurement, fire and gas detection, spectroscopy, bio medical imaging, smart homes. Out of these, the people and motion sensing is the most popular application. Higher demand for security at commercial places like airports, hotels, hospitals, and offices is expected to drive this application market. The demand from consumer electronics applications like smart TVs, smartphones, and tablets is also expected to push the sales of IR detectors in the coming years.
The major challenges faced by the IR detector market are government regulations and the high cost of technologies like MCT and InGaAs. The geographical areas covered in the report on the IR detector market are the Americas, Europe, APAC, and ROW. APAC region has the largest market share in the overall IR detector market, followed by the Americas. Japan and the U.S. are the leading countries in this market as some of the largest manufacturers of IR detectors are located there.
Major players in the IR detector market are Excelitas (U.S), Nicera (Japan), Murata Manufacturing (Japan), Hamamatsu (Japan), Flir (U.S.), Ulis (France), Raython (U.S.), Melexis (Belgium), Texas Instruments (U.S.), and Omron (Japan).
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The report also identifies the drivers, restraints, opportunities, current market trends, winning imperatives, and burning issues across the IR detector market. Apart from the market segmentation, the report also includes the critical market data and qualitative information; along with the qualitative analysis such as Porter’s five force analysis, market time-line analysis, industry breakdown analysis, and value chain analysis.
Major points from table of content
8 Company Profile
8.1 Excelitas Technologies Corp.
8.2 FlIR Systems Inc.
8.3 Hamamatsu Photonics KK
8.4 Melexis NV
8.5 Murata Manufacturing Co. Ltd.
8.6 Omron Corporation
8.7 Raytheon Co.
8.8 Texas Instruments Inc.
8.10 Vigo System S.A.
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