IR Detector Market by Technology Projected to Grow $704.8 Million by 2020 at CAGR 11.9% – New Report by MarketsandMarkets
Infrared Detector Market research report gives a brief overview of the global market in the present scenario, and includes data analysis for the IR detectors types. It covers the detector market by technology, spectral range, application, geography, drivers, restraints, and also opportunities for the market – http://www.marketsandmarkets.com/Market-Reports/ir-detector-market-161116561.html.
(PRWEB) May 16, 2014
According to a new market research report "IR Detector Market by Technology (MCT, InGaAs, Pyroelectric, Thermopyle, Micro bolometer), Application (People & Motion Sensing, Temperature Measurement, Fire & Gas Detection, Spectroscopy), Spectral Range (S/M/LWIR) & by Geography – Global Forecast to 2013 – 2020", published by MarketsandMarkets, the total market is expected to reach $704.8 Million by 2020 growing at a CAGR of 11.9% from 2014 to 2020.
Browse more than 76 market data tables with 45 figures spread through 190 pages and in-depth TOC on "IR Detector Market" – http://www.marketsandmarkets.com/Market-Reports/ir-detector-market-161116561.html.
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The rising security concerns and the growth in the demand of ‘contact less temperature measurement’ and ‘motion sensing’ in consumer electronics application – have boosted the IR detector market. In the overall IR detector market, the people and motion sensing application is expected to be the highest revenue generator and lead the market, from the demand side. The APAC region will lead the IR detector market with regards to the people and motion sensing and temperature measurement applications; the Americas and Europe will follow shortly.
Excelitas is a volume leader in the ‘Thermopyles’ technology. It has gained a worldwide recognition for the design and production of high-performance ‘Pyroelectric’ detectors, thermopile detectors, and sensor modules; and continues to drive the digital Thermopyles market for non-contact temperature measurement applications. Excelitas IR detectors are used for safeguarding homes, conserving energy, motion and, presence detection, gas detection, and indoor climate control applications. The company suppliesdetectors,also used forapplications such as ear and forehead thermometry. Excelitas comprised a work-force of approximately 3,000 employees in 2013 in North America, Europe, and Asia; serving customers across the world.
Nicera (Japan) is another key player in the IR detector market, which mainly supplies ‘Pyroelectric’ technology detectors. Its core products are ceramics and semiconductor materials, which are used to make— infrared sensors, to protect property and life; ultrasonic sensors for car safety and theft prevention;and gas sensors, to help maintain a clean environment. Some of the other applications for which it supplies the IR detectors are essential electronic components for computer and mobile communications.
The IR detector report’s detailed segmentation by technology, by applications, by spectral range and by geography – covers all the existing and emerging technologies in the IR detector market. The major technologies that have been extensively covered in the report are the MCT, InGaAs, Thermopyle, Pyroelectric, and Micro bolometers.
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The IR detector market is segmented by applications such as: people and motion sensing, temperature measurement, fire and gas detection, spectroscopy, bio medical imaging, smart homes, and others.
The IR detector market has also been segmented by spectral range, which includes: Short Wave Infrared (SWIR), Mid Wave Infrared (MWIR), and Long Wave Infrared (LWIR).
One of the key objectives of the research study was to analyze the market trends for each of the four regions; namely: the Americas, Europe, APAC, and ROW.
Apart from the market segmentation, the report also includes qualitative analysis of the market like the Porter’s five force analysis and market dynamics such as the drivers, restraints, opportunities, winning imperatives, and the burning issues with respect to the overall IR detector market.
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