Infrared Detector Market Size, Share, Growth, Sales Revenue and Key Drivers Analysis Research Report by 2030
According to the most recent analysis by Emergen Research, the global infrared detector market reached USD 441.48 million in 2021 and is anticipated to grow at a revenue CAGR of 6.6% during the projected period. Some of the factors propelling market revenue growth include growing security and surveillance demands, expanding demand for motion and people sensing solutions due to night vision functionality, and rising demand for infrared detectors in various imaging applications for industrial and manufacturing purposes. High demand for smart cars, expanding automotive production, cost-effective solutions for military applications, as well as an increase in the frequency of traffic accidents caused by poor visibility and lighting, all contribute considerably to the market’s revenue growth.
Electronic devices known as infrared (IR) detectors are used to measure heat and detect motion by detecting infrared radiation. They are made up of silicon-based photodiodes or phototransistors with sensors made of mercury cadmium telluride, lead sulphide, and indium antimonide. The thermal, microbolometer, indium gallium arsenide, and photo (quantum) detector varieties are frequently available. Flame detectors, gas analysers, gas warning systems, and medical gas measurement equipment all make extensive use of IR detectors for contactless, accurate temperature measurement. They are also used in motion and people sensing systems, smart homes, biological imaging, and spectroscopy.
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Some Key Highlights From the Report
In 2021, the photodetector segment’s revenue share was quite strong. Rapid technological breakthroughs, increased demand for smart homes and smart appliances, and all of these are contributing to this segment’s revenue growth. The demand for infrared detectors has increased as a result of the growing use of photodetectors in business, entertainment, industry, and research. Due to advantages such not requiring high sensitivity, quicker reaction times, high dependability, and cost effectiveness, fiberoptic communication systems are increasingly popular, which is significantly boosting this segment’s growth.
In 2021, the long-wave IR segment had the biggest revenue share. Some of the key elements influencing this segment’s sales growth include the capacity to detect thermal indications and the provision of outstanding detection capabilities even in low-light situations. The segment’s rise is being driven by an increase in use for military surveillance and firefighting applications due to its superior imaging through particles and smoke. One of the main factors driving rising demand for infrared detectors is the affordability of uncooled long-wave IR cameras for short- and mid-range applications.
Over the projection period, the automotive segment is anticipated to experience very quick revenue growth. Short-wave IR, which can capture continuous frames in fog and dust as well as in low light, is being used more frequently to prevent traffic accidents due to poor vision and low lighting, which is helping the market grow. Toshiba Teli and TriEye introduced a short-wave IR CMOS camera on April 25, 2022. In comparison to conventional InGaAs sensors, the novel CMOS-based short-wave IR sensors are anticipated to reduce the cost of short-wave IR imaging.
Texas Instruments Incorporated, Honeywell International Inc., Excelitas Technologies Corp., Murata Manufacturing Co., Ltd., OMRON Corporation, Nippon Ceramic Co., Ltd., Teledyne FLIR LLC, Raytheon Technologies Corporation, TE Connectivity, and Lynred are a few notable companies mentioned in the global market report.
Emergen Research has segmented the global infrared detector market on the basis of type, spectral, application, and region:
Type Outlook (Revenue, USD Million; 2019-2030)
- Thermal detector
Spectral Outlook (Revenue, USD Million; 2019-2030)
- Long-wave IR
- Medium-wave IR
- Short-wave IR
Application Outlook (Revenue, USD Million; 2019-2030)
- Aerospace & defense
- Consumer electronics
Regional Outlook (Revenue, USD Million; 2019-2030)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- North America
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