The global microbolometer IR detector market is expected to reach $946.0 million by 2019 - New Report by MicroMarket Monitor

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Low cost Microbolometers drives the Microbolometer Infrared (IR) Detector market

MicroMarket Monitor

MicroMarket Monitor

Key Players in the global microbolometer IR detector market are L-3 Communications Holdings (U.S.), Testo Inc. (U.S.), DRS Corporation, Corporation (U.S.), Nippon Avionics Co. Ltd.

The global microbolometer IR detector market report defines and segments the market with analysis and forecast of revenue. This market is valued at $390.0 million in 2014, and is expected to reach $946.0 million by 2019, at a CAGR of 19.3% from 2014 to 2019.

Browse through the TOC of the global microbolometer IR detector market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation of the market, and is supported by various tables and figures.

Uncool-ed infrared detectors are now available with many significant technological advances, improved reliability, lower cost, and better manufacturability. One of the primary types of uncool-ed detectors in use today is the microbolometer, which is based on a Microelectromechanical system (MEMS). With the advent of MEMS technology, microbolometers are spreading their roots in consumer markets such as mobile phones, tablets, printer heads, and hard disks as microbolometers are being used for temperature measurement inside. Gesture recognition applications from smart TVs and tablets are also expected to drive the growth of this market. MEMS technology is available at low cost and is also being used in diverse markets such as security, appliances, and industrial applications.

The cost of microbolometers would reduce drastically during the forecast period of 2014-2019 mainly due to the product development. This rapid reduction is expected to increase the use of microbolometers in various application segments such as thermography, vision enhancement, and military. The major regions contributing towards the microbolometer IR detector market are North America, Latin America, Europe, and Asia-Pacific. The Asia-Pacific market is growing at a faster growth rate as compared to other regions in the microbolometer IR detector market, owing to its continuously growing economy and large manufacturing base.

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This market is segmented and forecast based on materials, application, and geography. The market in terms of materials comprises Vanadium Oxide (VOx) and Amorphous Silicon (a-Si). On the basis of applications, the market is segmented into Thermography, Commercial Vision Enhancement, and Military. The market is further segmented and forecast based on geographies, covering North America, Latin America, Europe, and Asia-Pacific.

Early buyers will receive 10% customization on this report.

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.

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