Infrared Sensors Market (7.5% CAGR) 2018 to 2026: Global Industry Size, Share, Growth, Trends and Forecast


Posted November 14, 2019 by johnsonpaul

The global infrared sensors market set to expand with CAGR of 7.5% throughout the forecast period to cross US$ 592.5 Mn by 2026.

 
According to a new market research report published by Credence Research “Infrared Sensors Market (Wavelength Type – Short Wave, Medium Wave and Long Wave; Detection Technology – Cooled and Uncooled; Applications – Climatology, Surface Feature Detection, Barcode Decoding, Flame Detection and Vivo Imaging; End-user – Consumer Electronics, Oil & Gas, Mining, Aerospace & Defense, Automotive, Manufacturing, Telecommunication, Chemicals and Healthcare) Market – Growth, Future Prospects and Competitive Analysis, 2018 - 2026”, the global infrared sensors market set to expand with CAGR of 7.5% throughout the forecast period to cross US$ 592.5 Mn by 2026.

Market Insights

The overall infrared sensors market is set to witness promising growth over the forecast period owing to rise in safety concerns across industrial sector worldwide. Infrared sensors are vital element for several safety devices used for detecting flame or gas leakages along with motion sensing to avoid destructive events. Factors such as product affordability as well as low power consumption provided much needed impetus to infrared sensors market. Another driving factor for infrared sensors market growth is increasing initiatives for passenger safety and security by automobile manufacturers. With growing events of accidental damages, safety devices have become an imperative part of automobiles. Infrared sensors detect parameters such as heat, speed & obstacles and plays vital part in other precautionary measures in automobile to evade any menace. Also, such sensors find vital application in numerous sensing devices that provide information regarding different factors ensuring comfort, safety, and security. With strong growth in automotive sector, infrared sensors expected to witness significant growth through following years.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/infrared-sensors-market

Overall infrared sensors market segmented based on wavelength type, detection technology, applications and end-user. By wavelength type, market led by long-wave infrared sensors accounting for over 40% of the total market value. This is chiefly due to higher utilization of long-wave infrared sensors for flame detection, in vivo imaging and collecting geothermal data among others. Asia Pacific was the largest market for infrared sensors in 2017. Region accounted for more than 30% of total market value generated worldwide. As well as, Asia Pacific set to register the highest growth throughout the forecast period, primarily due to high penetration of infrared sensors market in burgeoning industrial centers such as Japan, China, India and Taiwan.

Infrared sensors market strongly supported by business organizations having heavy dependence over sensing activity. These type of sensors contributing important role in devices with application of safeguarding homes, conserving energy, and providing comfort. From motion & presence detection of gas to thermometry and indoor climate control applications, organizations are meeting consumers’ expectations with an important role of infrared sensors. With constant rise in wireless technologies worldwide, infrared sensors are set to witness higher demand in smart modules. Infrared sensors detect and receive changes in motion, light and temperature, which is vital for communicating change in environment in the form of information. Effect of which, rising demand for wireless communication, batteries and information storage capacity stimulates the demand for subsequent infrared sensors market.

You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/59248

Table of Content

Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
Executive Summary
2.1. Global Infrared Sensors Market Snapshot
2.1.1. Global Infrared Sensors Market, by Wavelength, 2017 (US$ Mn)
2.1.2. Global Infrared Sensors Market, by Detection Technology, 2017 (US$ Mn)
2.1.3. Global Infrared Sensors Market, by Application, 2017 (US$ Mn)
2.1.4. Global Infrared Sensors Market, by End-user, 2017 (US$ Mn)
2.1.5. Global Infrared Sensors Market, by Geography, 2017 (US$ Mn)
Global Infrared Sensors Market Analysis
3.1. Global Infrared Sensors Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.4. See-Saw Analysis
3.5. Attractive Investment Proposition, 2017
3.6. Market Positioning of Key Industry Participants, 2017
3.6.1. Major Strategies Adopted
3.6.2. Analyst Recommendations
Global Infrared Sensors Market Value, by Wavelength Type, 2016 – 2026 (US$ Mn)
4.1. Market Analysis
4.2. Short Wave
4.3. Medium Wave
4.4. Long Wave
Global Infrared Sensors Market Value, by Detection Technology, 2016 – 2026 (US$ Mn)
5.1. Market Analysis
5.2. Cooled
5.3. Uncooled
Global Infrared Sensors Market Value, by Applications, 2016 – 2026 (US$ Mn)
6.1. Market Analysis
6.2. Climatology
6.3. Surface Feature Detection
6.4. Barcode Decoding
6.5. Flame Detection
6.6. In Vivo Imaging
Global Infrared Sensors Market Value, by End-use, 2016 – 2026 (US$ Mn)
7.1. Market Analysis
7.2. Oil & Gas
7.3. Mining
7.4. Aerospace & Defense
7.5. Consumer Electronics
7.6. Automotive
7.7. Manufacturing
7.8. Telecommunication
7.9. Chemical
7.10. Healthcare
North America Infrared Sensors Market Analysis, 2016 – 2026 (US$ Mn)
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Europe Infrared Sensors Market Analysis, 2016 – 2026 (US$ Mn)
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Asia Pacific Infrared Sensors Market Analysis, 2016 – 2026 (US$ Mn)
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Rest of World Infrared Sensors Market Analysis, 2016 – 2026 (US$ Mn)
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You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/59248

About Credence Research (Original Publisher)

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.

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Last Updated November 14, 2019