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Infrared Detector Market Worth 405.2 Million USD by 2020


News provided by

MarketsandMarkets

22 Jan, 2016, 17:15 GMT

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PUNE, India, January 22, 2016 /PRNewswire/ --

According to the new market research report "Infrared Detector Market by Type (MCT, INGAAS, Pyroelectric, Thermopile Microbolometer and Others), Technology (Cooled Infrared, and Uncooled Infrared), Wavelength (Short, Medium, and Long Infrared), Application, and Geography - Global Forecast to 2020", published by MarketsandMarkets, the market is estimated to reach USD 405.2 Million by 2020, at a CAGR of 9.83% between 2015 and 2020.

Browse 89 market Tables and 53 Figures spread through 161 Pages and in-depth TOC on "Infrared Detector Market".

http://www.marketsandmarkets.com/Market-Reports/ir-detector-market-161116561.html

Early buyers will receive 10% customization on this report. 

The increasing awareness of IR detector in manufacturing and industrial applications, uncooled infrared technology, and wide acceptance of IR detector in different applications are the major drivers for the infrared detector market.

Uncooled infrared detector technology is expected to grow at the highest CAGR between 2015 and 2020 

The market for uncooled infrared detector technology sensors is expected to grow at the highest CAGR during the forecast period. Features such as high reliability, smaller size, and lower costs would drive the uncooled IR detectors market.

People and motion sensing application is expected to lead the infrared detector market 

Infrared detector is primarily used in the people and motion sensing application, and currently, it holds the leading position in the overall market. the increasing use of IR detectors in places such as airports, museums, retail shops, and libraries for counting the people and for motion detection have resulted in the dominating position of the people and motion sensing application in the infrared detector market.

Asia-Pacific expected to hold the largest market share and witness rapid growth during the forecast period 

Asia-Pacific accounted for the largest share of the infrared detector market in 2014; the market in this region is expected to grow at the highest CAGR during the forecast period, mainly owing to an increased demand for infrared detectors from temperature measurement, military and defense, and industrial applications.

Ask PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=161116561

The major players in this market include Excelitas Technologies Corp., (U.S.), Nippon Ceramic Co., Ltd (Japan), Hamamatsu Photonic K.K. (Japan), Murata Manufacturing Co., Ltd (Japan), FLIR Systems Inc. (U.S.), Honeywell International Inc. (U.S.), Texas Instruments Inc. (U.S.), Infra Tec GmbH (Germany), Raytheon Company (U.S.), Omron Incorporation (Japan), and Sofradir (France) among others.

This research report categorizes the global infrared detector market on the basis of type, technology, wavelength, application, and geography. This report describes the drivers, restraints, opportunities, and challenges for the growth of the market. The Porter's five forces analysis has been included in the report with a description of each of the forces and their respective impact on the infrared detector market.

Browse Related Reports 

Infrared Imaging Market by Component (IR Lens System, IR Detector, and Other Components), Technology (Cooled, Uncooled), wavelength (Short, Medium, Long Infrared), Application and Geography - Analysis & Forecast to 2014 - 2020

http://www.marketsandmarkets.com/Market-Reports/infrared-IR-sensing-imaging-market-593.html

Infrared Thermography Market in Building Inspection by Application (Energy Auditing, Building Performance, & Others), Building Type (Residential, Commercial, & Others), Platform (Hardware & Software), & Geography - Forecast to 2020

http://www.marketsandmarkets.com/Market-Reports/thermography-building-inspection-market-194389420.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors   
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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