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According to a new market research report published by Credence Research "Infrared Sensors Market–Growth, Future Prospects and Competitive Analysis, 2018–2026," the global market for infrared sensors is set to expand with CAGR by 7.5 percent throughout the forecast period to cross US$ 592.5 million by 2026.By Wavelength Type: Short Wave, Medium Wave, Long Wave
By Detection Technology: Cooled, Uncooled
By Applications: Climatology, Surface Feature Detection, Barcode Decoding, Flame Detection, In Vivo Imaging
By End-Use: Oil & Gas, Mining, Aerospace & Defense, Consumer Electronics, Automotive, Manufacturing, Telecommunication, Chemical, Healthcare
Market Insights
The overall market for infrared sensors is set to witness promising growth over the forecast period due to rising safety concerns across the industrial sector worldwide. Infrared sensors are vital elements for several safety devices used to detect flames or gas leakages along with motion sensing to avoid destructive events. Factors such as product affordability and low power consumption gave much-needed impetus to the market for infrared sensors.
Another driving factor for growth in the market for infrared sensors is increasing passenger safety and security initiatives by automobile manufacturers. With growing events of accidental damages, safety devices have become an imperative part of automobiles. Infrared sensors detect parameters such as heat, speed & obstacles and plays vital part in other precautionary measures in automobile to evade any menace. Such sensors also find vital application in numerous sensing devices that provide information on various factors ensuring comfort, safety and security. With strong growth in the automotive sector, infrared sensors were expected to witness significant growth through following years.
Don't miss out on business opportunities in Infrared Sensors Market
Overall market segmented of infrared sensors based on wavelength type, detection technology, applications and end-user. By type of wavelength, the market led by long-wave infrared sensors accounting for more than 40 percent of the total market value. This is chiefly due to higher utilization of long-wave infrared sensors for flame detection, in vivo imaging and collecting geothermal data among others. In 2017, Asia Pacific was the largest market for infrared sensors. Region accounted for more than 30% of total market value generated worldwide.
As well as that, Asia Pacific set to record the highest growth throughout the forecast period, primarily due to high penetration of the market for infrared sensors in burgeoning industrial centers such as Japan, China, India and Taiwan. Infrared sensors market strongly supported by business organizations having heavy dependence over sensing activity. These types of sensors play an important role in devices that are designed to safeguard homes, conserve energy, and provide comfort. From motion & presence detection of gas to thermometry and indoor climate control applications, organizations meet the expectations of consumers with an important role of infrared sensors. With the steady rise of wireless technologies worldwide, infrared sensors are set to witness higher demand in smart modules.
Infrared sensors detect and receive changes in motion, light and temperature, which is vital for communicating change in environment in the form of information. The effect of which, increasing demand for wireless communication, batteries and information storage capacity stimulates demand for subsequent market for infrared sensors.
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ToC:
1. Preface
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2. Executive Summary
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3. Global Infrared Sensors Market Analysis
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4. Global Infrared Sensors Market Value, by Wavelength Type, 2016 – 2026 (US$ Mn)
4.1. Market Analysis
4.2. Short Wave
4.3. Medium Wave
4.4. Long Wave
5. Global Infrared Sensors Market Value, by Detection Technology, 2016 – 2026 (US$ Mn)
5.1. Market Analysis
5.2. Cooled
5.3. Uncooled
6. Global Infrared Sensors Market Value, by Applications, 2016 – 2026 (US$ Mn)
6.1. Market Analysis
6.2. Climatology
6.3. Surface Feature Detection
6.4. Barcode Decoding
6.5. Flame Detection
6.6. In Vivo Imaging
7. Global Infrared Sensors Market Value, by End-use, 2016 – 2026 (US$ Mn)
7.1. Market Analysis
7.2. Oil & Gas
7.3. Mining
7.4. Aerospace & Defense
7.5. Consumer Electronics
7.6. Automotive
7.7. Manufacturing
7.8. Telecommunication
7.9. Chemical
7.10. Healthcare
8. North America Infrared Sensors Market Analysis, 2016 – 2026 (US$ Mn)
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9. Europe Infrared Sensors Market Analysis, 2016 – 2026 (US$ Mn)
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10. Asia Pacific Infrared Sensors Market Analysis, 2016 – 2026 (US$ Mn)
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11. Rest of World Infrared Sensors Market Analysis, 2016 – 2026 (US$ Mn)
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12. Company Profiles
12.1. Honeywell International Inc.
12.2. Excelitas Technologies Corporation
12.3. Bosch Security Systems, Inc.
12.4. Nippon Avionics Co., Ltd.
12.5. General Dynamics Corporation
12.6. Infratec Gmbh Infrarotsensorik Und Messtechnik
12.7. FLIR Systems, Inc.
12.8. Raytheon Company
12.9. Hamamatsu Photonics K.K.
12.10. OMRON Corporation
12.11 Texas Instruments Inc.
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Browse the full report at https://www.credenceresearch.com/report/infrared-sensors-market
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