DUBLIN, December 11, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/8r7l7l/infrared_emitter) has announced the addition of the "Infrared Emitter & Receiver Market - Global Trend & Forecast to 2020" report to their offering.
The infrared emitter market is estimated to exhibit rapid growth potential till 2020. The total market for infrared emitter is expected to reach USD 867.1 Million by 2020, at a CAGR of 11.3% between 2015 and 2020.
On the basis of industry verticals, the market has been segmented into automotive, consumer electronics, telecommunication, military & aerospace, industrial, healthcare, security & surveillance, imaging, and others. The security & surveillance market is expected to dominate the vertical market of infrared emitters & receivers, as infrared emitters & receivers are extensively used for security camera, night vision, and thermal imaging among others.
The consumer electronics and security & surveillance industry are both expected to grow at a very rapid pace among all other industries. The growth in these two industries is attributed to the growing adoption of infrared emitters. For infrared receiver, the imaging application is the dominating the market, as infrared receivers are used in various critical imaging applications in the form of sensors or detectors, mostly in security & surveillance, military & aerospace, and industrial applications. Furthermore, the high growth in the security & surveillance industry is boosting the market for infrared receivers.
The Asia-Pacific (APAC) currently dominates in terms of market size and is also expected to grow at the highest CAGR during the forecast period. The fast growth of infrared emitter and receiver market in Asia-Pacific is mainly attributed to the growth on the emerging economies such as India and China. Moreover, Asia-Pacific is also the hub for major OEMs for various infrared-related products, which makes it a highly lucrative market.
- Cree, Inc.
- Flir Systems Inc.
- Honeywell International, Inc.
- Koninklijke Philips N.V.
- Lite-On Technology, Inc.
- Murata Manufacturing Co., Ltd.
- Osram Opto Semiconductors Gmbh
- Raytek Corporation
- Rohm Semiconductor
- Texas Instruments Inc.
- Vishay Intertechnology, Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 By Spectral Range
8 By Vertical
9 By Application Type
10 Market, By Geography
11 Competitive Landscape
12 Company Profiles
For more information visit http://www.researchandmarkets.com/research/8r7l7l/infrared_emitter
Media Contact: Laura Wood, +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets