Infrared Detector Market Size (2024 - 2029)

The infrared detector market is experiencing growth driven by its expanding application in industrial and manufacturing sectors and the rising demand for consumer electronics. These detectors are becoming crucial in security applications due to technological advancements, finding use in monitoring industrial equipment and enhancing smart home, night vision, and surveillance capabilities. Despite these positive trends, the market's expansion is challenged by the high cost of technology and issues related to reliability and usability in harsh environments.

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Market Size of Infrared Detector Industry

Infrared Detector Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 9.40 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Infrared Detector Market Major Players

*Disclaimer: Major Players sorted in no particular order

Infrared Detector Market Analysis

The infrared detector market is expected to register a cagr of 9.4% over the forecast period of (2021 - 2026). The rising use of infrared detectors in industrial and manufacturing applications and an increase in the demand for consumer electronics, such as smartphones and tablets, are expected to aid the growth of the infrared detectors market.

  • Infrared detectors are gaining momentum as a highly significant security apparatus in various applications, due to the quickly advancing technologies. They are used in industrial plants to monitor the efficient functioning of motors, boilers, electrical peripherals, and bearings.
  • Emerging trends that are impacting the infrared detector market include an increase in the use of infrared detectors for smart homes, night vision, and surveillance.
  • However, the high cost of technology and low reliability and usability in harsh environmental conditions are hampering the growth of the infrared detectors market.

Infrared Detector Industry Segmentation

Infrared detectors are used to sense the specific characteristics of its surroundings by either detecting or emitting infrared radiation. These electronic detectors can also sense motion and measure heat emitted by objects. With the advancements in technology, infrared sensors have become light in weight and have also become more affordable. Also, the power consumption in such sensors is too low.

By Type
Thermal Detector
Photo (Quantum) Detector
By Spectral range
Short-wave Infrared
Medium-wave Infrared
Long-wave Infrared
By Application
People and Motion Sensing
Temperature Measurement
Industrial
HVAC
Smart Homes
Military and Defense
Spectroscopy and Biomedical Imaging
Geography
North America
United States
Canada
Europe
Germany
France
United Kingdom
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Latin America
Middle East & Africa
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Infrared Detector Market Size Summary

The infrared detector market is poised for significant growth, driven by its increasing application in industrial, manufacturing, and consumer electronics sectors. These detectors are becoming essential in security applications due to rapid technological advancements, finding uses in monitoring industrial equipment and enhancing security in various settings. The market is also witnessing a surge in demand for smart home applications, where infrared detectors play a crucial role in intrusion and occupancy detection. Despite challenges such as high costs and limited reliability in harsh conditions, the market's expansion is supported by the growing need for advanced security and automation solutions.

Regionally, the Asia-Pacific area is expected to experience the highest growth rate, fueled by demand from military, defense, and industrial sectors. Countries like Japan, China, India, and Taiwan are key contributors to this growth, with Japan being a significant manufacturing hub for infrared detectors. The reduction in costs is anticipated to broaden the application of these detectors in fields such as biomedical imaging and automotive industries. The market remains fragmented with intense competition among major players like Honeywell International Inc., Texas Instruments Inc., and FLIR Systems Inc., which are continuously innovating to meet the evolving demands of the market.

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Infrared Detector Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Introduction to Market Drivers and Restraints

    3. 1.3 Market Drivers

      1. 1.3.1 Increasing Use of Infrared Detectors in Industrial and Manufacturing Applications

      2. 1.3.2 Increasing Security Concerns

    4. 1.4 Market Restraints

      1. 1.4.1 Low Reliability and Usability in Harsh Environmental Conditions

    5. 1.5 Industry Value Chain Analysis

    6. 1.6 Industry Attractiveness - Porter's Five Force Analysis

      1. 1.6.1 Threat of New Entrants

      2. 1.6.2 Bargaining Power of Buyers/Consumers

      3. 1.6.3 Bargaining Power of Suppliers

      4. 1.6.4 Threat of Substitute Products

      5. 1.6.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Thermal Detector

      2. 2.1.2 Photo (Quantum) Detector

    2. 2.2 By Spectral range

      1. 2.2.1 Short-wave Infrared

      2. 2.2.2 Medium-wave Infrared

      3. 2.2.3 Long-wave Infrared

    3. 2.3 By Application

      1. 2.3.1 People and Motion Sensing

      2. 2.3.2 Temperature Measurement

      3. 2.3.3 Industrial

      4. 2.3.4 HVAC

      5. 2.3.5 Smart Homes

      6. 2.3.6 Military and Defense

      7. 2.3.7 Spectroscopy and Biomedical Imaging

    4. 2.4 Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 France

        3. 2.4.2.3 United Kingdom

        4. 2.4.2.4 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 China

        2. 2.4.3.2 Japan

        3. 2.4.3.3 India

        4. 2.4.3.4 South Korea

        5. 2.4.3.5 Rest of Asia-Pacific

      4. 2.4.4 Latin America

      5. 2.4.5 Middle East & Africa

Infrared Detector Market Size FAQs

The Infrared Detector Market is projected to register a CAGR of 9.40% during the forecast period (2024-2029)

Honeywell International Inc., Texas Instruments Inc., FLIR Systems Inc., Omron Corporation and Raytheon Company are the major companies operating in the Infrared Detector Market.

Infrared Detector Market Report Snapshots

Infrared Detector Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)