Asia-Pacific IR Detector/Sensor Module Market is Expected to Reach $237.1 million in 2018 - New Report by MicroMarket Monitor

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The Asia-Pacific IR detector market report defines and segments the IR detector market in Asia-Pacific with analysis and forecast of revenue. http://www.micromarketmonitor.com/market/asia-pacific-ir-detector-sensor-module-7370186370.html

MicroMarket Monitor

MicroMarket Monitor

Key players in the Asia-Pacific IR Detector/Sensor Module Market are Murata Manufacturing (Japan) Nicera (Japan) & others.

The Asia-Pacific IR detector market report defines and segments the IR detector market in Asia-Pacific with analysis and forecast of revenue. This market was valued at $133.8 million in 2013, and is expected to reach $237.1 million by 2018, at a CAGR of 12.1% from 2013 to 2018.

Browse through the TOC of the Asia-Pacific 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/asia-pacific-ir-detector-sensor-module-7370186370.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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Countries contributing towards the IR detector market in Asia-Pacific are China, Japan, and Taiwan. Currently, Japan is considered to be a huge market for IR Detectors, due to its large manufacturing base of IR detectors, which exports IR detectors across the globe. Major companies operational in the production of IR detectors are Murata Manufacturing (Japan) and Nicera (Japan).

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It is expected that the cost of IR detectors will drastically reduce in the Asia-Pacific region during the forecast period, mainly due to product developments and application of product technologies like MCT and InGaAs. This rapid reduction in cost of IR detector is expected to expand the use of IR detectors in many applications, such as spectroscopy, biomedical imaging, and automotive applications. Automotive companies and Tier I component suppliers are expected to install IR detectors in the high and mid range cars for driver vision enhancement.

In Asia-Pacific IR detector market, Motion Sensing/Gesture Recognition is the fastest growing application due to evolving technology and more and more OEM’s (original equipment manufacturers) are moving towards gesture recognition technology adoption, and is expected to grow at a CAGR of 13.8% from 2013 to 2018.

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.

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 market size of IR detectors in North America is estimated to be $94.8 million in 2013. This market is expected to reach $151.1 million by 2018, at a CAGR of 9.8% from 2013 to 2018. The market is mainly dominated by Pyroelectric, Thermopyles, and Microbolometers. These three technologies together contributed to nearly 80% of the overall market in 2013.
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.

The report covers the ‘cooled’ and ‘uncooled’ IR detectors, covering the short wave infrared, mid wave infrared, and the long wave infrared market.
http://www.micromarketmonitor.com/market/europe-ir-detector-sensor-module-5763548757.html

Latin 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.

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 Latin America is estimated to be $11.9 million in 2013 and is expected to reach $16.9 million by 2018 with a CAGR of 7.3%. The market is expected to be mainly dominated by Pyroelectric, Thermopyles, and Microbolometers.
http://www.micromarketmonitor.com/market/latin-america-ir-detector-sensor-module-5996495798.html

About MicroMarket Monitor:

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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