Home / News / Global Infrared Sensors Market is expected to reach $1.6 billion by 2022 – Brisk Insights

Global Infrared Sensors Market is expected to reach $1.6 billion by 2022 – Brisk Insights

According to a recently published report, the Global Infrared Sensors market is expected to grow at the CAGR of 9.53% during 2015-2022 and it estimated to be $ 1.6 billion by 2022. The Global Infrared Sensors market is segmented on the basis of by types, by wavelength, by applications, by technology and by geography. The report on Global Infrared Sensors market forecast, 2012-2022 (by types, by wavelength, by applications, by technology and by geography) provides detailed overview and predictive analysis of the market.

The Global Infrared Sensors market is expected to grow exponentially due to its emerging applications in the manufacturing sector, as reported by, BI research. The global market for infrared sensors has been growing at a significant rate due to factors such as increasing awareness of IR detectors in manufacturing and industrial applications, uncooled infrared technology, and wide acceptance of IR detectors in different applications.

Full report available Global Infrared Sensors market forecast, 2012-2022 (by types, by wavelength, by applications, by technology and by geography) report at http://www.briskinsights.com/report/infrared-sensors-market

The infrared detector market would be driven by the application in people and motion sensing. It is expected to hold the largest market size during the forecast period. Owing to the increasing demand for IR detectors at airports, museums, retail shops, and libraries for counting people and for motion detection, the people and motion sensing application holds a major share of the infrared detector market.

The application market for Infrared sensors Market is segmented as follows: by type, by applications, by wavelength, and geography. Pyroelectric detectors held the largest market share of the overall IR detector market in 2014. Pyroelectric IR detector is widely used in motion sensing and people detection, industrial climate control, smart home, and temperature change detection applications. The market for uncooled infrared detector technology is expected to be valued the highest during the forecast period.

The key players in the Global Infrared Sensors market include Excelitas Technologies Corp., (U.S.) and Nippon Ceramic Co., Ltd (Japan) are the dominant players in the market. The other players are Hamamatsu Photonic K.K., Murata Manufacturing Co., Ltd., Flir Systems Inc. , Texas Instruments Inc., Honeywell International Inc, Omron Corporation and Raytheon Company.

Global Infrared Sensors Market is expected to reach $1.6 billion by 2022 – Brisk Insights reviewed on March 14, 2016 by rated 4.9 of 5

Release ID: 1015

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