888-776-0942 from 8 AM - 10 PM ET

DUBLIN , June 28, 2022 /PRNewswire/ -- The "Infrared Detector Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global infrared detector market reached a value of $437.3 Million in 2021. Looking forward, the publisher expects the market to reach $737.4 Million by 2027, exhibiting a CAGR of 8.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor Infrared (IR) detectors are electronic devices that are used to detect infrared radiation to measure heat and detect motion. They consist of photodiodes or phototransistors and the sensor, which consists of mercury cadmium telluride, lead sulfide and indium antimonide in silicon.

They are commonly available in thermal, microbolometer, indium gallium arsenide, photo (quantum) detector variants. IR detectors are widely used in flame detectors, gas analysers, gas warning devices, medical gas measurement technology for contactless precision temperature measurement. They are also utilized in smart homes, biomedical imaging, spectroscopy, people and motion sensing solutions. In comparison to traditionally used detectors, IR detectors can detect infrared light from a distance and have a compact size The increasing demand for motion- and people-sensing devices is one of the key factors contributing to the growth of the market. IR detectors are installed in retail shops, homes, museums and libraries and are widely used in burglar alarms, security cameras, safety lighting and garage doors.

Additionally, the increasing product utilization in the military and defense industry for surveillance, target detection and target tracking due to the compact size and ability to detect the light from distance is favoring the market growth. Moreover, various product innovations, such as the launch of novel infrared sensors for phone cameras, augmented reality (AR) glasses and driverless vehicles that enable the consumers to see through fog and smoke are providing a thrust to the market growth.

In line with this, the widespread product adoption in industrial plants to monitor the functioning of boilers, motors, electrical peripherals and bearings is positively impacting the market growth. Other factors, including the increasing product deployment in smart homes, along with the rising utilization of IR detectors at airports and railway stations, are anticipated to drive the market toward growth

The competitive landscape of the industry has also been examined along with the profiles of the key players being Excelitas Technologies Corp., Hamamatsu Photonics K.K., InfraTec GmbH, Lynred, Murata Manufacturing Co. Ltd., Nippon Avionics Co. Ltd., Omron Corporation, Raytheon Technologies Corporation, TE Connectivity, Teledyne Technologies Incorporated and Texas Instruments Incorporated Key Questions Answered in This Report:

Key Topics Covered: 1 Preface 2 Scope and Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Infrared Detector Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Type 6.1 Thermal Detector 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Photo Detector 6.2.1 Market Trends 6.2.2 Market Forecast 7 Market Breakup by Spectral Range 7.1 Short-wave Infrared 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Medium-wave Infrared 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Long-wave Infrared 7.3.1 Market Trends 7.3.2 Market Forecast 8 Market Breakup by Technology 8.1 Mercury Cadmium Telluride 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Indium Gallium Arsenide (InGaAs) 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Pyroelectric 8.3.1 Market Trends 8.3.2 Market Forecast 8.4 Thermopile 8.4.1 Market Trends 8.4.2 Market Forecast 8.5 Microbolometer 8.5.1 Market Trends 8.5.2 Market Forecast 8.6 Others 8.6.1 Market Trends 8.6.2 Market Forecast 9 Market Breakup by Application 9.1 Aerospace and Defense 9.1.1 Market Trends 9.1.2 Market Forecast 9.2 Automotive 9.2.1 Market Trends 9.2.2 Market Forecast 9.3 Consumer Electronics 9.3.1 Market Trends 9.3.2 Market Forecast 9.4 Industrial 9.4.1 Market Trends 9.4.2 Market Forecast 9.5 Medical 9.5.1 Market Trends 9.5.2 Market Forecast 9.6 Security 9.6.1 Market Trends 9.6.2 Market Forecast 10 Market Breakup by Region 11 SWOT Analysis 11.1 Overview 11.2 Strengths 11.3 Weaknesses 11.4 Opportunities 11.5 Threats 12 Value Chain Analysis 13 Porters Five Forces Analysis 13.1 Overview 13.2 Bargaining Power of Buyers 13.3 Bargaining Power of Suppliers 13.4 Degree of Competition 13.5 Threat of New Entrants 13.6 Threat of Substitutes 14 Price Analysis 15 Competitive Landscape 15.1 Market Structure 15.2 Key Players 15.3 Profiles of Key Players 15.3.1 Excelitas Technologies Corp. 15.3.1.1 Company Overview 15.3.1.2 Product Portfolio 15.3.2 Hamamatsu Photonics K.K. 15.3.2.1 Company Overview 15.3.2.2 Product Portfolio 15.3.2.3 Financials 15.3.2.4 SWOT Analysis 15.3.3 InfraTec GmbH 15.3.3.1 Company Overview 15.3.3.2 Product Portfolio 15.3.4 Lynred 15.3.4.1 Company Overview 15.3.4.2 Product Portfolio 15.3.5 Murata Manufacturing Co. Ltd. 15.3.5.1 Company Overview 15.3.5.2 Product Portfolio 15.3.5.3 Financials 15.3.5.4 SWOT Analysis 15.3.6 Nippon Avionics Co. Ltd. 15.3.6.1 Company Overview 15.3.6.2 Product Portfolio 15.3.6.3 Financials 15.3.7 Omron Corporation 15.3.7.1 Company Overview 15.3.7.2 Product Portfolio 15.3.7.3 Financials 15.3.7.4 SWOT Analysis 15.3.8 Raytheon Technologies Corporation 15.3.8.1 Company Overview 15.3.8.2 Product Portfolio 15.3.8.3 Financials 15.3.8.4 SWOT Analysis 15.3.9 TE Connectivity 15.3.9.1 Company Overview 15.3.9.2 Product Portfolio 15.3.9.3 Financials 15.3.9.4 SWOT Analysis 15.3.10 Teledyne Technologies Incorporated 15.3.10.1 Company Overview 15.3.10.2 Product Portfolio 15.3.10.3 Financials 15.3.10.4 SWOT Analysis 15.3.11 Texas Instruments Incorporated 15.3.11.1 Company Overview 15.3.11.2 Product Portfolio 15.3.11.3 Financials 15.3.11.4 SWOT Analysis For more information about this report visit https://www.researchandmarkets.com/r/bah2qp

Research and Markets Laura Wood , Senior Manager [email protected]

For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

Cision Distribution 888-776-0942 from 8 AM - 9 PM ET