Infrared Sensor Market Size And Forecast by 2031
Infrared sensor market will reach at an estimated value of USD 986.69 million and grow at a CAGR of 9.80% in the forecast period of 2021 to 2028. . Infrared Sensor Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market.
Global Infrared Sensor Market Segmentation Analysis
Global Infrared Sensor Market, By Spectrum Range (Short-Wave IR [SWIR], Mid-Wave IR [MWIR], Long-Wave [LWIR]), Working Mechanism (Active, Passive), Type (Thermal Infrared Sensors and Quantum Infrared Sensors), Detection (Uncooled Infrared Sensors, Cooled Infrared Sensors), End-User (Healthcare, Aerospace and Defense, Automotive, Commercial, Manufacturing, Oil and Gas, Others), Country (U.S., copyright, 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
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Which are the top companies operating in the Infrared Sensor Market?
The “Global Infrared Sensor Market ”study report will provide a valuable insight with an emphasis on the global market. The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Infrared Sensor Market extension. This Infrared Sensor Market report provides the information of the Top 10 Companies in Infrared Sensor Market in the market their business strategy, financial situation etc.
**Segments**
- By Type: Passive Infrared Sensors, Active Infrared Sensors
- By Technology: Thermal, Quantum, Reflective, Photoconductive
- By Detection: Uncooled Infrared Sensors, Cooled Infrared Sensors
- By End-User: Aerospace & Defense, Automotive, Healthcare, Consumer Electronics, Industrial, Others
The global infrared sensor market saw significant growth in 2020, driven by increasing adoption in various industries such as aerospace & defense, automotive, healthcare, and consumer electronics. The market is expected to witness a steady CAGR from 2020 to 2028. The market is segmented based on type, technology, detection, and end-user.
Passive infrared sensors are forecasted to dominate the market due to their wide application in detecting motion in security systems, while active infrared sensors are expected to see substantial growth as well. In terms of technology, thermal sensors are likely to hold a significant market share due to their high accuracy and sensitivity. Quantum sensors, reflective sensors, and photoconductive sensors are also projected to witness increased adoption.
The detection segment is divided into uncooled and cooled infrared sensors. Uncooled sensors are anticipated to be in high demand, particularly in automotive applications for night vision systems. Cooled infrared sensors, on the other hand, are expected to find extensive use in aerospace & defense for advanced targeting and surveillance applications.
In the end-user segment, the aerospace & defense industry is poised to be a major consumer of infrared sensors, owing to their critical role in surveillance, navigation, and targeting systems. The automotive sector is also expected to drive market growth, with the increasing integration of infrared sensors in advanced driver assistance systems (ADAS) for enhanced safety features. The healthcare industry is another key end-user, utilizing infrared sensors for medical imaging and temperature monitoring applications.
**Market Players**
- Honeywell International Inc.
- Raytheon Company
- Texas Instruments Incorporated
- FLIR Systems Inc.
- Omron Corporation
- HamThe global infrared sensor market is highly competitive, with key players such as Honeywell International Inc., Raytheon Company, Texas Instruments Incorporated, FLIR Systems Inc., and Omron Corporation leading the way. These companies have a strong foothold in the market, offering a wide range of products catering to different industry needs. Honeywell International Inc., known for its innovation and high-quality products, has been a prominent player in the aerospace & defense sector. Raytheon Company, with its expertise in defense technology, has developed advanced infrared sensor systems for military applications. Texas Instruments Incorporated has been a key player in the automotive industry, providing infrared sensors for ADAS and autonomous driving systems. FLIR Systems Inc. specializes in thermal imaging solutions for various industries, including healthcare and industrial applications. Omron Corporation is known for its diverse portfolio of sensors, including infrared sensors used in consumer electronics and industrial automation.
Market players are constantly investing in research and development to improve sensor technology, enhance performance, and expand their product offerings. Emerging trends such as the integration of artificial intelligence and IoT capabilities in infrared sensors are shaping the market landscape. These advancements are enabling real-time data analytics, predictive maintenance, and enhanced automation in various industries. Market players are also focusing on sustainability initiatives, such as developing energy-efficient sensors and reducing the environmental impact of manufacturing processes.
Collaborations and partnerships play a significant role in the growth strategy of market players. By joining forces with other technology companies, sensor manufacturers can leverage complementary expertise and resources to develop innovative solutions and enter new markets. Strategic acquisitions and mergers are also common in the infrared sensor market, enabling companies to expand their product portfolio, enter new regions, and strengthen their competitive position.
The increasing demand for non-contact temperature measurement solutions, particularly in healthcare and industrial settings, is driving the growth of the infrared sensor market. With the ongoing COVID-19 pandemic highlighting the importance of temperature screening and contactless measurements, the adoption of infrared sensors is expected to rise significantly. Additionally, the automotive industry's**Market Players**
The major players covered in the infrared sensor market report are Murata Manufacturing Co., Ltd, Honeywell International Inc, Lynred, Teledyne Technologies Incorporated, Raytheon Technologies Corporation, Texas Instruments Incorporated, Hamamatsu Photonics K.K. and its affiliates, OMRON Corporation, Excelitas Technologies Corp, Nippon Avionics Co.,Ltd, NICERA ALL, Zhejiang Dali Technology Co.,Ltd, WUHAN-GUI, Excelitas Technologies Corp., General Dynamics Corporation, L3Harris Technologies, Inc, Fluke Corporation, Leonardo DRS, Bosch Security Systems, LLC and Axis Communications AB 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.
The global infrared sensor market is highly dynamic and competitive, with key players continuously striving to innovate and meet the evolving demands of various industries. Honeywell International Inc., known for its technological prowess and quality products, has entrenched itself in the aerospace & defense sector effectively. Raytheon Company's expertise in defense technology has paved the way for advanced infrared sensor systems tailored for military applications. Texas Instruments Incorporated has been a major player in the automotive sector, offering infrared sensors for advanced driver assistance systems and autonomous driving. FLIR Systems Inc., specializing in thermal imaging solutions, has made significant inroads
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Overview of the Infrared Sensor Market Research Report
The Infrared Sensor Market research report commences with an in-depth overview covering definitions, applications, product/service launches, developments, challenges, and regional analysis. The forecast underlines robust growth fueled by increasing consumption in diverse markets. Furthermore, the report delves into current market trends and key characteristics.
Objectives of the Report
Conduct a comprehensive investigation to forecast the value and volume of the Infrared Sensor Market.
Analyze and project market shares for major segments within the Infrared Sensor Market.
Depict the evolving landscape of the Infrared Sensor Market across global regions.
Examine and assess micro markets, their contributions, and growth potential within the Infrared Sensor Market.
Provide accurate insights into the factors driving the growth of the Infrared Sensor Market.
Offer a detailed analysis of key strategies adopted by major companies, such as R&D, collaborations, agreements, partnerships, acquisitions, mergers, new product launches, and other strategic initiatives.
Market Overview
The study concentrates on the present state of the Infrared Sensor Market, evaluating key statistics including CAGR, gross margin, revenue, pricing, production growth rate, volume, value, market share, and year-over-year growth. This thorough analysis is conducted using the latest primary and secondary research methods. Leading company profiles are scrutinized based on factors like the markets they serve, production, revenues, market shares, recent developments, and gross profit margins. The report also provides a detailed exploration of market drivers, constraints, opportunities, challenges, and trends within the market dynamics section.
Table of Contents:
Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
Market Purview
Report DescriptionMarket Definition and Scope
Executive Summary
Market Snapshot, By Type
Market Snapshot, By Application
Market Snapshot, By Region
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
And more...
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