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New report examines the Global infrared sensor market forecast to 2024

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Increasing applications of infrared sensors in military as well as in civil applications are the major factors supporting the growth of the infrared sensors market. Moreover, increasing disposable income which has led to increase in demand for smartphones and tablets coupled with expanding computerization of building and industrial sector would support the growth of the market.

Global Infrared Sensor Market Report, published by Variant Market Research, forecast that the global market is expected to reach $692 Million by 2024 from $286 Million in 2016. Infrared sensor is an electronic device used to sense features from surrounding, by transmitting or detecting infrared radiation.

Infrared technology is available in a wide variety of wireless applications which occur in the sensing and remote controls areas. These sensors are used in number of application such as military, agriculture, remote sensing from space, medicine, and science, among others.

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Growing military applications will drive the global infrared sensor market

Infrared sensor market is driven by the growing applications of infrared sensors in various field such as, military, civil, and agriculture. Infrared sensors aid to detecting and blocking of various range of military vehicles such as helicopters, fighter aircrafts, army vehicles, artillery, missiles, transport aircraft, tanks, and navy ships.

Infrared sensors aid to maintaining visibility at day or night and allow helicopters and other airborne vehicles to fly in the darkest of night or near-day. Moreover, rise in disposable income has led to an increased demand for smartphones and tablets supplementing the growth of infrared sensor market in the electronic industry.

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Market Segmentations

The market is categorized into working mechanism, functionality, detection, end-user, and geography. By working mechanism, it is further segmented into passive IR sensor and active IR sensor.

By functionality, it is bifurcated into, quantum infrared sensor and thermal infrared sensor. Furthermore, detection is segmented into cooled IR sensor and uncooled IR sensor.

The global infrared sensors market by end-users can be segmented into chemicals, consumer electronics, aerospace & defense, mining, oil & gas, pharmaceuticals, and others. By geography, the market is segregated into North America, Europe, Asia-Pacific, and RoW.

Passive infrared sensor dominated working mechanism type segment

Passive infrared sensors aid to detect human body movement and other objects. It is capable of detecting movement within a range between 5m to 12m.

Passive infrared sensor is used in the automated door open close system and other applications such as lift lobby, parking area, and shopping mall, among others. It accounted for the maximum share in 2016, owing to its increased adoption in automated door open close system.

Thermal infrared sensor generated the largest market share in functionality sector

Thermal infrared sensor aids to detect heat and record these thermal radiations as an image. The thermal infrared sensor is used in various sector such as agriculture and water resources, for evaluation and detection of water stress and evaporation.

Moreover, it is used for military purposes such as, to detect forthcoming vehicles and people, understand reasons of fire attacks, and track the footsteps in short.

Pharmaceutical sector accounted highest CAGR in end-user segment

Pharmaceutical manufacturing requires accurate temperature for drugs, injections, among others.  Infrared sensors provide heat detection, therefore, it is helpful for maintaining temperature in pharmaceutical products.

It aid to packaging, security control, and safety, among others in the pharmaceutical sector.

North America dominated the global market

North America accounted for the largest market share in 2016 and is expected to continue its dominance during the forecast period. Growing demand for infrared sensor detectors in various application such as, temperature sensor, fire & gas detections, and smart homes has increased its penetration in the region.

Moreover, Asia-Pacific is expected to attain the highest CAGR during the forecast period 2016 – 2024. The growth would be seen due to increase in demand for smart homes and smartphones.

Competitive Landscape

Excelitas Technologies Corp. is a global technological leader which deliver innovative, high-performance, customized photonic solutions, and detection to global consumers. In November 2016, Excelitas Technologies Corp.

introduced its CaliPile sensors, that represents a new range of intelligent IR sensors that comprise highly-sensitive infrared detectors, associated electronic circuitry, and others. The major key players operating in the global infrared sensor market are Excelitas Technologies Corp., Honeywell International Inc., Nippon Avionics, Raytheon Company, Hamamatsu Photonics, Nippon Ceramic Co. Ltd, Murata Manufacturing Co., Ltd, Omron Corporation, Texas Instruments Inc., and Sofradir, among others.

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Scope of Infrared Sensor Market

Working Mechanism Segments

  • Passive IR Sensor
  • Active IR Sensor

Detection Segments

  • Uncooled IR Sensor
  • Cooled IR Sensor.

Functionality Segments

  • Thermal Infrared Sensor
  • Quantum Infrared Sensor

End-User Segments

  • Consumer Electronics
  • Chemicals
  • Aerospace & Defense
  • Oil & Gas
  • Mining
  • Pharmaceuticals
  • Others

Geography Segments

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • U.K.
  • Germany
  • France
  • Italy
  • Others
  • Asia-Pacific
  • China
  • Japan
  • India
  • Others
  • RoW
  • South America
  • Middle East
  • Africa

News From

Variant Market ResearchVariant Market Research
Category: Market Research Publishers and RetailersCompany about: Variant Market Research offers syndicated and customized report to fulfill client’s objective. We also provide customized data pack proposing market sizing in an Excel/PDF/Power point or Word format as per the requirement of clients. We cover several industry domains namely- Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipmen ...
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