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Infrared detector market is expected to reach $466 million, globally, by 2022 according to new research report

Industrial Market Research

Sensing and detection methods such as infrared detectors have been rapidly accepted in almost every sector. In addition, their reduced cost, compact size, and enhanced sensitivity are estimated to fuel the infrared detector market growth in both non-industrial and industrial sector, globally. Asia-Pacific, representing a significant consumer electronics market potential, is expected to provide lucrative growth opportunities.

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Infrared Detector Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $466 million by 2022, registering a CAGR of 9.7% during the period 2016-2022.

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In the year 2014, North America dominated the market and contributed more than 33% share of the overall market revenue followed by Asia-Pacific. The presence of key market players in U.S.

and Asia-Pacific, rapid industrialization, primarily in manufacturing sectors, rise in demand for better security and monitoring systems, increased application of infrared detectors in residential & consumer electronics sector and increase in government initiatives in aerospace & defense sector have fueled the infrared detector market growth. 

Report at:


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Allied Market Research - Industry TrendsAllied Market Research
Category: Market Research Publishers and RetailersCompany about: Allied Market Research is a global market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market dom ...