Latin America IR Detector/Sensor Module Market is Expected to Reach $16.9 million in 2018 - New Report by MicroMarket Monitor

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The Latin American IR detector market report defines and segments the IR detector market in Latin America with analysis and forecast of revenue. http://www.micromarketmonitor.com/market/latin-america-ir-detector-sensor-module-5996495798.html

MicroMarket Monitor

MicroMarket Monitor

Key players in the Latin America IR Detector/Sensor Module Market are Dexter Research Center, Inc., Excelitas Technologies Corp., Flir Systems Inc. & others.

The Latin American IR detector market report defines and segments the IR detector market in Latin America with analysis and forecast of revenue. This market was valued at $11.9 million in 2013, and is expected to reach $16.9 million by 2018, at a CAGR of 7.3% from 2013 to 2018.

Browse through the TOC of the Latin American IR detector market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation of IR detector market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/Latin-america-ir-detector-sensor-module-1832267878.html

This market is segmented and forecast based on technology, types and application. The types segment of this market comprises MCT (Mercury Cadmium Telluride) IR Detector, Microbolometer IR Detector, Thermopyle IR Detector, Pyroelectric IR Detector, and InGaAs (Indium Gallium Arsenide) IR Detector. The market is further segmented and forecast based on applications, namely Motion Sensing/Gesture Recognition, Temperature Sensor, Fire and Life Safety, Spectroscopy, Medical, and Smart Homes. On the basis of technology, market is segmented into Long Wave IR, Short Wave IR, Far Wave, and Mid Wave IR.

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Advancements in cooled IR detector technology have created opportunities for a wide variety of applications, including hyperspectral remote sensing, space imaging, and surveillance. Such detectors offer sensitivity to the degree that users can distinguish individual species of trees from space or even identify moving camouflaged tanks from great distances. Until now, only cooled IR cameras have been used for hyperspectral imaging and remote sensing applications, as they require an extraordinarily high sensitivity that can be provided by only cryogenically cooled IR detectors. Uncooled IR technology is not yet developed to work for remote sensing application or hyperspectral imaging applications. However, in the next few years, IR camera manufacturers may develop an uncooled IR detector that can be used for remote sensing. Therefore, hyperspectral imaging and remote sensing provides opportunities for the growth of the Latin American IR imaging market in future.

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The Latin American IR detector market is mainly dominated by motion sensing/gesture recognition and temperature measurement application due to evolving technology and more and more OEM’s (original equipment manufacturers) are moving towards gesture recognition technology adoption. The market for motion sensing/gesture recognition is estimated to be nearly $5.0 million in 2013 and is expected to reach $7.4 million by 2018, at a CAGR of 8.1% for the given period.

This report includes market share and value chain analysis, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market which provide IR detector technology.

Related Reports:

North America IR Detector/Sensor Module Market
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. It 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.
http://www.micromarketmonitor.com/market/north-america-ir-detector-sensor-module-1832267878.html

Europe IR Detector/Sensor Module Market
The report gives a brief overview of the global market in the present scenario, and discusses the history and evolution. It 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 $577.4 million by 2018, and is expected to grow at a CAGR of 10.7% from 2013 to 2018.

The IR detector market from Europe is estimated to be $95.1 million in 2013, and is expected to reach $150.7 million by 2020 with a CAGR of 9.6%. The highest growth rate is expected from Pyroelectric, Thermopyles, and Microbolometer technology. These are low priced technologies and found in maximum applications in the consumer electronics segment.
http://www.micromarketmonitor.com/market/europe-ir-detector-sensor-module-5763548757.html

Asia-Pacific IR Detector/Sensor Module Market
The report covers the ‘cooled’ and ‘uncooled’ IR detectors, covering the short wave infrared, mid wave infrared, and the long wave infrared market.

It also covers the drivers, restraints, and opportunities for the market. The major driving factor for the market is the drastically reducing prices of the detectors, which are finding new applications across segments. The research study identifies the burning issues and market winning imperatives, currently, affecting the market. Besides, critical market pointers, such as Porter’s five force model of detector market, market dynamics, and manufacturers’ competitiveness mapping are also elaborated in the report.

In broader terms, the total IR detector market has been segmented according to the type of detectors and on the basis of various applications. The report includes data analysis for the IR detectors types, such as MCT (Mercury Cadmium Telluride), InGaAs (Indium Gallium Arsenide), Pyroelectric, Thermopyles, and Microbolometers. The total market has also been divided into various applications, namely people and motion sensing, temperature measurement, fire and gas detection, spectroscopy, bio medical imaging, and smart homes. An in-depth analysis of each segment with market estimation in terms of the value is given.
http://www.micromarketmonitor.com/market/asia-pacific-ir-detector-sensor-module-7370186370.html

About MicroMarket Monitor:

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