The infrared detector market refers to the market for devices and technologies that detect infrared radiation. This radiation is part of the electromagnetic spectrum and has longer wavelengths than visible light. Infrared detectors are used in a wide range of applications, including thermal imaging, night vision, and temperature measurement. Some of the key players in the infrared detector market include FLIR Systems, Honeywell International, Raytheon Technologies, and Lockheed Martin. The market is expected to grow in the coming years due to increasing demand for these devices in various industries such as automotive, healthcare, and military and defense.
The market study conducted by Fact.MR provides unique information regarding the market’s future growth. The analysis pinpoints significant trends that are influencing the market for infrared detectors. This recently released study clarifies crucial trends, such as the market’s drivers, constraints, and possibilities for established businesses as well as up-and-coming competitors involved in supply and manufacturing. Infrared Detector Market Analysis is provided in detail in the most recent Fact.MR study.
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Key Market Segments Covered in Infrared Detector Industry Research
- By Spectral Range
- Short Wave Infrared Detectors
- Mid-Wave Infrared Detectors
- Long Wave Infrared Detectors
- By Technology
- Mercury Cadmium Telluride
- Indium Gallium Arsenide
- Pyroelectric
- Thermopile
- Micro Bolometers
- Others
- By Application
- Infrared Detectors for Automotive
- Infrared Detectors for Consumer Electronics
- Infrared Detectors for Medical
- Infrared Detectors for Military
- Infrared Detectors for Security
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Key Takeaways from Market Study
- Military application is likely to witness sales of US$ 150 Mn by 2031.
- Based on spectral range, mid-wave infrared detectors and long wave infrared detectors are anticipated to be the most lucrative segments with market share of 23.4% and 61.5%, respectively, by 2031.
- Based on region, demand for infrared detectors is expected to increase at CAGR of 3.9% and 6.6% in Latin America and North America, respectively, over the forecast period.
- Together, North America and Europe represent over 48% of overall market share.
- The market in Latin America is valued at US$ 26 Mn at present.
Key Companies Profiled
- Excelitas Technologies Corp
- Texas Instruments Incorporated
- Raytheon Company
- OMRON Corporation
- Hamamatsu Photonics K.K.
- Lynred
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Competitive Landscape
According to the infrared detector industry analysis, IR detector manufacturers and suppliers have focused on expansion, investments, acquisitions, delivery, portfolio expansion, and brand development.
Some of the key developments are:
- In 2021, Lynred launched new miniature type of infrared detector named Galatea MW, having the features of SWAP (Size, Weight, and Power). This newly launched product is compatible with existing optics and easy to integrate in military applications.
Similarly, recent developments by top providers of infrared detectors have been tracked by the team at Fact.MR, which are available in the detailed report.