GLOBAL INFRARED SENSORS MARKET TO REACH USD 953.75 MILLION BY 2026

Infrared Sensors Market – Snapshot

Infrared sensors are defined as devices that can detect motion by receiving infrared radiation. The thermal impact of this radiation is followed through several temperature dependent incidents. The sensors are electronic instruments used to sense certain features of its surroundings by either detecting or emitting the radiation. These detectors can also sense motion and measure heat emitted by objects. The global demand for infrared sensors is expected to rise tremendously during the forecast period due to the extensive development of the electronics and manufacturing sectors worldwide. Moreover, the developing applications of these sensors in wearable devices, and the demand for electronic goods in the Asia Pacific region, especially in China and Japan are likely to boost the overall market remarkably in the coming years.

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The global infrared sensors market is driven by factors such as rise in security concerns and growth in demand for consumer electronics products. Cooled infrared sensors depend on a cryogenic cooling mechanism when compared to uncooled sensors. As a consequence, these detectors have considerably small size and lower cost, and thus are less complex. Lowering of retail prices is estimated to further boost the market. Night sighting abilities and rise in consumer electronics applications are also analyzed to bolster the infrared sensors market. Development in automation across end use verticals including semiconductors and electronics, aerospace and defense, and healthcare has augmented the demand for infrared sensors across the globe. The increase in importance of smart healthcare equipment further boosts this growth. Besides, the rising use of resistance temperature sensors and thermistors has also resulted in growth of the pharmaceuticals segment, improving the growth in these industries.

Applications in night vision devices, astronomy, infrared tracking, art restoration and reflectography, hyper spectral imaging, climatology, meteorology, gas detectors, anesthesiology testing, rail safety, thermometers, flame monitors, moisture analyzers, and petroleum exploration serve as key opportunities for the global infrared sensors market, which is expected to be stable and grow at decent rates in the coming years. In addition,growth in demand for home automation further acts as an opportunity factor in the growth of the global infrared sensors market.

The global infrared sensors market is segmented on the basis of working mechanism, detection, and end use. Based on working mechanism, the market is segmented into passive and active infrared sensors. Passive infrared sensors measure light radiated from objects in its view field. They are mostly applied in motion detectors. By detection type, the market is divided into uncooled and cooled sensors. Infrared sensors can be segregated by end use industry into consumer electronics, aerospace and defense, oil and gas, automotive, and mining and pharmaceuticalsamong others. Oil and gas and consumer electronics are the largest segments in this market. The detectors enable users to see during the night. Automation and defense, and consumer electronics segment is expected to have a promising market share during the forecast period from 2018– 2026.

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By geography, the global infrared sensors market is classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The North America region is projected to continue the trend of being the global leader in the near future, backed by expansion in the oil and gas segment. Some of the key players profiled in this report include Murata Manufacturing Co., Ltd, Honeywell International Inc, Teledyne Technologies, Raytheon Company, Hamamatsu Photonics K.K,Omron Corporation, and Texas Instruments Incorporated.