Global Infrared Sensors Market, By Spectrum Range (Short-Wave IR (SWIR), Mid-Wave IR (MWIR), Long-Wave (LWIR)), Working Mechanism (Active and Passive), Type (Thermal Infrared Sensors and Quantum Infrared Sensors), Detection (Uncooled Infrared Sensors and Cooled Infrared Sensors) End User (Healthcare, Aerospace and Defense, Automotive, Commercial, Manufacturing, Oil and Gas and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Infrared Sensors Market
The infrared sensors market is expected to witness market growth at a rate of 13.8% in the forecast period of 2021 to 2028 and is expected to reach 1,816.86 USD million by 2028. Data Bridge Market Research report on infrared sensors market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the need for automation equipment for building automation is escalating the growth of infrared sensors market.
Infrared (IR) sensor can be referred to as an electronic instrument that detects infrared light radiating from objects in its field of view. Infrared (IR) sensor contains infrared medium, light source, optical components and infrared sensor. It can measure the heat radiated by an sensor motion and object, which produces light in IR wavelength range.
Major factors that are expected to boost the growth of the infrared sensors market in the forecast period are the rise in the acceptance of infrared sensors in the motion and people sensing solutions. Furthermore, increase in the penetration of infrared sensors in gas analysis, fire detection, and non-contact temperature measurement applications are further anticipated to propel the growth of the infrared sensors market. Also, the extraordinary trend of uncooled infrared sensors is further estimated to cushion the growth of the infrared sensors market. On the other hand, the strict import and export regulations for the infrared cameras are further projected to impede the growth of the infrared sensors market in the timeline period.
In addition, the increase in the need for infrared sensors from the advancing nation will further provide potential opportunities for the growth of the infrared sensors market in the coming years. However, the decline in the data accuracy with the growing distance between sensor and the object might further challenge the growth of the infrared sensors market in the near future.
This infrared sensors market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on infrared sensors market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Infrared Sensors Market Scope and Market Size
The infrared sensors market is segmented on the basis of spectrum range, working mechanism, type, detection and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of spectrum range, the infrared sensors market is segmented into short-wave IR (SWIR), mid-wave IR (MWIR), long-wave (LWIR).
- On the basis of working mechanism, the infrared sensors market is segmented into active and passive.
- On the basis of type, the infrared sensors market is segmented into thermal infrared sensors and quantum infrared sensors.
- On the basis of detection, the infrared sensors market is segmented into uncooled infrared sensors and cooled infrared sensors.
- On the basis of end user, the infrared sensors market is segmented into healthcare, aerospace and defense, automotive, commercial, manufacturing, oil and gas and others.
Infrared Sensors Market Country Level Analysis
The infrared sensors market is analysed and market size, volume information is provided by country, spectrum range, working mechanism, type, detection and end user as referenced above.
The countries covered in the infrared sensors market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the infrared sensors market due to the rise in the acceptance of Internet of Things (IoT). Furthermore, the increase in the inclination of customers towards the better energy management will further boost the growth of the infrared sensors market in the region during the forecast period. North America is projected to observe significant amount of growth in the infrared sensors market due to the rise in the acceptance of autonomous cars and electric vehicles.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Infrared Sensors Market Share Analysis
The infrared sensors market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to infrared sensors market.
The major players covered in the infrared sensors market report are litas Technologies, NIPPON CERAMIC CO., LTD., Hamamatsu Photonics K.K., Murata Manufacturing, FLIR Systems, Inc., Texas Instruments Incorporated, OMRON Corporation, InfraTec GmbH, Lynred., Honeywell International Inc., Sofradir, Teledyne Technologies Incorporated., Raytheon Company Corporation, Nippon Avionics Co., Ltd., Excelitas Technologies Corp., Zhejiang Dali Technology Co., Ltd., General Dynamics Corporation, Bosch Security Systems, LLC., Axis Communications AB, Fluke Corporation, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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