Analysts at GMI Research estimates that the Infrared Detector Market was worth USD 470 million in 2021, and forecast to touch USD 766 million in 2029, growing at a CAGR 6.3% from 2022-2029.

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Market Dynamic

Key Drivers and Emerging Trends

The infrared detector market is witnessing an increase in demand during the forecast period owing to the fast-growing industrial sector, government investment, and economic incentives for the defense sector. For instance, in 2020, the government of India announced to take different steps to attract investment in the defence manufacturing in order to produce a world-class military platforms and weapons systems. Infrared detectors are highly effective as compared to other detectors for security and tracking purposes due to their compact size and ability to detect infrared light from far distances. Furthermore, the increasing use of infrared detectors in manufacturing and industrial applications, as well as an upsurge in the demand for consumer electronics, such as tablets and smartphones, are significantly contributing to the growth of the global infrared detector market. Moreover, there is a growing penetration of infrared technology for fire detection and gas analysis. They are also used in industrial plants to track the efficient functioning of boilers, motors, bearings, and electrical peripherals. Thus, all these factors provide substantial growth to the global infrared detector market.

Restraint in the Infrared Detector Market

Infrared detectors are more expensive as compared to other detectors, such as microwave sensors, ultrasonic motion sensors, reflective motion sensors, among others, due to their requirement for additional semiconductor components and cooling techniques. Besides this, extreme air turbulence and changes in temperature might affect the performance of infrared detectors. Infrared detectors detect infrared images based on the variation in temperature of objects and they might not be able to identify the differences in objects having similar temperatures. All these factors might restrain the growth of the global infrared detector market.

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Application – Segment Analysis

Based on the application, the people & motion sensing segment is anticipated to grow at a faster CAGR over the forecast period owing to the major use of infrared detectors in people & motion sensing. Moreover, the growing use of infrared detectors in places, such as airports, retail shops, homes, libraries, and museums for counting people and motion detection is further driving the market growth. Furthermore, the rise in the deployment of smart home devices, in which infrared detectors offer various advantages, such as occupancy detection and intrusion detection, play a vital role in supplementing the growth of the people & motion sensing segment in the market.

Spectral Range – Segment Analysis

On the basis of the spectral range, the long-wave IR is expected to grow at a higher CAGR over the forecast period. This is mainly attributed to the high demand for long-wave IR from the military and defense vertical for surveillance and security application. Long-wave IR products are of lower cost as compared to short-wave IR and medium-wave IR and is witnessing its demand in other industries, such as aerospace, food & beverage, healthcare, and automotive. All these factors are likely to surge the growth of the long-wave IR segment in the global infrared detector market.

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Region – Segment Analysis

Based on the region, the North America region is projected to grow at a higher CAGR during the forecast period. This is mainly due to the major applications of people & motion sensing, security & surveillance, and temperature measurement instruments in this region. The presence of leading players offering infrared detectors in this region, which includes Honeywell International (US), Texas Instruments (US), FLIR Systems (US), and Excelitas Technologies (US), are significantly contributing to the growth of the infrared detector market in North America.

Top Market Players

Various notable players operating in the market include Excelitas Technologies Corp., Hamamatsu Photonics, NICERA, FLIR Systems, Inc., Murata Manufacturing Co., Ltd., OMRON Corporation, Texas Instruments Incorporated, Lynred, InfraTec GmbH, and TE Connectivity, among others.

Key Developments

• • In 2020, Excelitas Technologies Corp introduced version 4.1 of the Infrared Sensing Solutions Catalog. This version 4.1 features IR detectors for streamlines OEM integration. It also includes a complete menu of Excelitas’ Thermal Detection solutions used for motion detection, temperature measurement, presence monitoring, and gas detection.
  • In 2019, Lynred was awarded a contract from ADE Technology for supplying 80 x 80 infrared detectors. ADE Technology is anticipated to use these detectors as well as other components for developing a system with multi-sensors for thermal imagery, which can track and display real-time data. 

Segments covered in the Report:

The global infrared detector market has been segmented on the basis of type, spectral range, application, end-use industry, and regions. Based on type, the market is segmented into thermal detector and photo detector. Based on spectral range, the market is segmented into short-wave IR, medium-wave IR, and long-wave IR. Based on application, the market is segmented into people and motion sensing, temperature measurement, security & surveillance, gas & fire detection, spectroscopy & biomedical imaging, and scientific applications. Based on end-use industry the market is segmented into aerospace & defense, industrial, medical, automotive, security, and consumer electronics. 

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Key questions answered in this research report:

• • At what pace is global infrared detector market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in infrared detector market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global infrared detector market?
  • Which type generated maximum revenues in 2021 and identify the most promising type during the forecast period?
  • What are the various spectral range areas of global infrared detector market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Revenues (2021)	USD 470 million
Market Base Year	2021
Market Forecast Period	2022-2029
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Type, By Spectral Range, By Application, By End-Use Industry, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Excelitas Technologies Corp., Hamamatsu Photonics, NICERA, FLIR Systems, Inc., Murata Manufacturing Co., Ltd., OMRON Corporation, Texas Instruments Incorporated, Lynred, InfraTec GmbH, TE Connectivity, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Infrared Detector Market by Type

• • Thermal Detector
  • Photo Detector

Global Infrared Detector Market by Spectral Range

• • Short-Wave IR
  • Medium-Wave IR
  • Long-Wave IR

Global Infrared Detector Market by Application

• • People & Motion Sensing
  • Temperature Management
  • Security & Surveillance
  • Gas & Fire Detection
  • Spectroscopy & Biomedical Imaging
  • Scientific Applications

Global Infrared Detector Market by End-Use Industry

• • Aerospace & Defense
  • Industrial
  • Medical
  • Automotive
  • Security
  • Consumer Electronics

Global Infrared Detector Market by Region

• • North America Infrared Detector Market (Option 1: As a part of the free 25% customization)
    • By Type
    • By Spectral Range
    • By Application
    • By End-Use Industry
    • US Market All-Up
    • Canada Market All-Up
  • Europe Infrared Detector Market (Option 2: As a part of the free 25% customization)
    • By Type
    • By Spectral Range
    • By Application
    • By End-Use Industry
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Infrared Detector Market (Option 3: As a part of the free 25% customization)
    • By Type
    • By Spectral Range
    • By Application
    • By End-Use Industry
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Infrared Detector Market (Option 4: As a part of the free 25% customization)
    • By Type
    • By Spectral Range
    • By Application
    • By End-Use Industry
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Infrared Detector (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Excelitas Technologies Corp.
  • Hamamatsu Photonics
  • NICERA
  • FLIR Systems, Inc.
  • Murata Manufacturing Co., Ltd.
  • OMRON Corporation
  • Texas Instruments Incorporated
  • Lynred
  • InfraTec GmbH
  • TE Connectivity