North America IR Detector/Sensor Module Market is Expected to Reach $151.1 million in 2018 - New Report by MicroMarket Monitor
(PRWEB) September 19, 2014 -- The North American IR detector market report defines and segments the IR detector market in North America with analysis and forecast of revenue. This market was valued at $94.8 million in 2013, and is expected to reach $151.1 million by 2018, at a CAGR of 9.8% from 2013 to 2018.
Browse through the TOC of the North 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/north-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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Countries contributing towards the IR detector market in North America are the U.S., Canada, and Mexico. North America is one of the most technologically advanced application markets, due to the presence of prominent suppliers, large semiconductor companies, and IR detector manufacturers. The size of the region, the affluence of its consumers, and the competitiveness of the OEMs (original equipment manufacturers) makes North America an attractive market for IR detector manufacturers.
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North America is the largest contributor to the Americas market contributing nearly 90% in 2013. This is mainly due to presence of majority of the manufacturers in this region. The market size of IR detectors from North America is mainly dominated by Motion Sensing/Gesture Recognition, Temperature Measurement, and Fire and Gas detection. They together contribute 75% of the overall North American IR detector market in 2013. The market size for Motion Sensing/Gesture Recognition in 2013 is estimated to be $39.7 million in 2013 and is expected to reach $64.0 million by 2018, at a CAGR of 10% 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:
Europe 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.
http://www.micromarketmonitor.com/market/europe-ir-detector-sensor-module-5763548757.html
Latin America 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 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
Asia-Pacific IR Detector/Sensor Module 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
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