Infrared Detector Market - Forecast(2024 - 2030)

Infrared Detector Market Overview

Infrared Detector Market is analyzed to grow at a CAGR of 7.8% during the forecast 2022-2027 to reach $865 million by 2027. An infrared detector is a detector that detects infrared radiation and reacts accordingly as programmed. Infrared detectors are gaining momentum as a highly significant security apparatus in various applications, due to the quickly advancing technologies. On the basis of applications, different IR detectors of various types come into operation such as pyroelectric, thermopile, microbolometer and others. They are used in industrial plants to monitor the efficient functioning of motors, boilers, electrical peripherals, and bearings. One of the major factors for the growth of the Infrared Detector Market is the rising demand for Infrared Sensor in the global semiconductor industry. Currently, there is a growing demand for Infrared Sensor sensors in a vast number of applications such as radiation thermometers, flame monitors, thermal detectors, gas analyzers, moisture analyzers and Infrared Sensor imaging devices among others. Infrared Sensor emitter and receiver is an important part of IR detector, especially when these are used as photodetectors. Infrared Sensor are able to sense their surroundings with the help of detecting or emitting infrared radiation. These increasing demands impact the market growth of Infrared Detector Market growth in the forecast period in a positive direction.

Report Coverage

The “Infrared Detector Industry Outlook – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Infrared Detector Market.

Key Takeaways

• Growing manufacturing of various electronics with the incorporation of infrared detectors in the Industrial automation, consumer electronics and the automotive sector is analyzed to significantly drive the market during the forecast period 2022-2027.
• People and Motion Sensing applications are expected to hold the highest market share of 28.11% in 2021 in the forecast period owing to the growing threat of international terrorism coupled with increasing spending on military and defense, the market is pushing for the adoption of infrared imaging and sensing technologies in the security & surveillance and military & aerospace sectors.
• Consumer electronics are analyzed to hold the highest share 31.77% in 2021 owing to the rising applications of IR detectors in television, electrical appliances, DVD players, air conditioners and many others electronics.
• APAC is analyzed to grow at the highest share during the forecast period owing to the growing government involvement in the Military & defense and Research sector. Moreover, the rising demand for various consumer electronics in this region with an increasing population which tend to bring significant market growth to Infrared Detector Market.

Infrared Detector Market Segment Analysis - by Application

By Application, the Infrared Detector Market Report is segmented into Temperature Detectors, People and Motion Sensing, Gas & Fire Detection Systems, Smart Buildings IR Systems, Spectroscopy & Bio-Medical Imaging, HVAC and Others. People and Motion Sensing applications are analyzed to hold the highest share of 28.11% in 2021 owing to the increasing applications of gesture recognition and machine vision solutions for various security and surveillance operations. With the increasing threat of international terrorism coupled with increased spending on military and defense, the market is pushing for the adoption of infrared imaging and sensing technologies in the security & surveillance and military & aerospace sectors. Moreover, with the increasing demand for smartphones with gesture recognition applications for security tends to bring significant growth in the demand for the Infrared Emitter and Receiver Market in an Imaging applications.

Infrared Detector Market Segment Analysis - by End-Use Industry

By End-Use Industry, the Infrared Detector Market Report is segmented into Consumer Electronics, Telecommunication, Industrial Automation, Automotive, Healthcare, Space & Research, Military & Defence, Surveillance and Others. The Consumer Electronics segment is analyzed to hold the highest share 31.77% during the forecast period 2022-2027. The consumer electronics sector is one of the largest consumers of various electronics such as smartphones, televisions, electrical appliances, DVD players, air conditioners and many others which uses Infrared Emitter and Receiver during their operation. Thus, increasing demand of electronics will further provide a major boost in its market growth. For instance, several companies have been investing heavily to produce electronic products. India aims to produce $24 billion worth of mobile phones by 2020 and an overall $190 billion worth of mobile phones by 2025. Moreover, according to India Brand Equity Foundation (IBEF), consumer electronics hardware production in India witnessed an increase from US$ 72.38 billion in FY19 to US$ 89.38 billion in FY20. Moreover, various surveillance operations are being carried out in highly-specific governmental locations which use different Infrared Emitter and Receiver applications which is expected to bring major market growth in the forecast period.

Infrared Detector Market Segment Analysis – by Geography

Asia-Pacific is analyzed to be the major region with a share of 32% in 2021 for the Infrared Detector Market owing to the prominent research, availability of tech giants in the electronics sector and the huge demand of various electronics devices in this region. However, North America is analyzed to grow at the highest rate during the forecast period 2022-2027 majorly attributed to the rising adoption of Infrared Detector in the Military & Defence sector. Among this region, the United States is a major driving factor for its high profile strength in maintaining an efficient security and surveillance sector for different operations. Asia-Pacific is the highest populated region, the Healthcare sector of this region is one of the major scopes for market growth of Infrared Detector. The Healthcare sector is one of the fastest developing industries in the Infrared Detector owing to its increasing applications in different medical operations for monitoring applications. This further brings significant growth in the demand for Infrared detectors across the region driving its market growth.

Infrared Detector Market Drivers

Rise in the application of Infrared Detector in the Semiconductor industry

The global semiconductor industry has been a major driving factor for the Infrared Detector Market. With the rising production of electronic components for industries such as consumer electronics, medical, automotive and industrial automation, the applications of Infrared detectors tend to bring significant growth in its market size on a global level. This growth in the semiconductor industry across the globe has also been propelled by the soaring adoption of automation products for industrial uses. Such growth has propelled the demand for IR detectors for various thermal heating, inspection (sensing, detecting), people and motion sensing, gesture recognition applications and which is driving the consumption of infrared detectors used on electronic components. Smartphones, computers, air conditioners and many other consumer products that people use daily require IR Sensors to function which further drives the Infrared Detector Market size in the global market.

Rising applications of Infrared Detector in the Automotive and Defence sectors:

The automotive sector has experienced the adoption of new advanced innovative technologies of IR Sensors for various applications. This trend has accelerated the demand for Infrared Detectors, especially after the development of autonomous vehicles. The spurt in interest and development of Autonomous Vehicles is a continuing boost to the growth of electronic devices in the automotive industry. The sensing, processing, activation, feedback and control functions done by the human brain have to be replaced with electronics. The environment sensors such as RADAR (Radio Detection and Ranging), Camera and LIDAR (Light Detection and Ranging) are witnessing a lot of attention which operates with the help of IR Sensors. These applications provide significant growth to the Infrared Detector Market at a global level. Moreover, the adoption of IR detectors for security and surveillance operations in highly-specific governmental locations and military bases which use different Infrared detectors tends to drive its market growth at the global level.

Infrared Detector Market Challenges

High cost and Malfunctioning:

Infrared detectors work with the couple operations of both Emitter and Receiver. These have certain disadvantages as this is incapable of differentiating between objects that radiate the same thermal energy level. This can be of high risk in examining the threat during surveillance operations. Moreover, these kinds of infrared sensors are very expensive. When these IR receivers and emitters are installed in automotive products, the price of automotive products also rises. Hence, the high price and technological limitations of IR emitters and receivers are expected to bring major challenges to the Infrared Detector Market growth.

Infrared Detector Market Landscape

Production Innovation, Acquisitions, Collaboration, and R&D activities are key strategies adopted by players in the Infrared Detector Market. In 2021, the market of IR Detector industry outlook has been fragmented by several companies. The top 10 companies in the IR Detector industry include

1. Excelitas Technologies
2. FLIR Systems Inc.
3. Hamamatsu Photonics
4. Murata Manufacturing
5. Texas Instruments
6. Omron Corporation
7. Nippon Ceramic Co. Ltd.
8. Raytheon Company
9. Honeywell International Inc.
10. Company 10

Recent Developments

• In December 2021, Teledyne Technologies Inc. launched 15 extremely sensitive H2RG infrared detectors for deployment in four science instruments of JWST: the Near-Infrared Camera (NIRCam), the Fine Guidance Sensor (FGS), and the Near-Infrared Spectrograph (NIRSpec)
• In August 2021, Flir System Inc. introduced Neutrino SX8, a mid-wavelength infrared (MWIR) camera module and four additional Neutrino IS Series models designed for integrated solutions requiring HD MWIR imagery with size, weight, power and cost constraints for commercial, industrial, defense original equipment manufacturers (OEM).
• On June 28, 2021, Texas Instruments Inc. introduced their new HDC3020 and HDC3020-Q1, the first devices in a new family of humidity detectors that provide the industry’s highest reliability and accuracy and the lowest power consumption, along with built-in protection of sensing elements.

Relevant Report Titles:

Infrared Sensors Market – Forecast (2021-2026)
Report Code: AIR 0008

Infrared Emitter & Receiver Market – Forecast (2021-2026)
Report Code: ESR 41620

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