Press release
Infrared Detectors Market - Growth Forecast Analysis by Manufacturers, Regions, Types and Applications to 2025
The global infrared detectors market is set to soar at a CAGR of 8.9% during the forecast period (2017-2022). Increasing use of infrared detectors in industrial and manufacturing applications is likely to boost the global demand for infrared detectors during the forecast period. At the same time, infrared detectors are gaining momentum as a highly significant security apparatus.Moreover, advancements in IR detection technology is driving the adoption of IR detectors in various industrial applications. There are basically two types of technology used in IR detectors - uncooled and cooled. Uncooled infrared detectors are smaller in size and are have relatively lower complexity as compared to cooled IR detectors. Due to their exponential night sighting capabilities, infrared detectors are being increasingly incorporated in night vision cameras.
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One of the key factors why demand for infrared sensors is growing in APEJ is due to the strong consumer electronics market in the region. Demand for smartphones, laptops, music players, and other consumer electronics items has remained sustained in the APEJ, which has given boost to the infrared detectors market.
The consumer electronics market in APEJ is on a solid footing, and is projected to grow at a healthy pace in the future. The growth in consumer electronics market is likely to create growth opportunities for infrared detector manufacturers in the foreseeable future.
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Although infrared detectors continue to be used widely, inaccuracy has remained a longstanding challenge. These detectors are unable to detect differences in objects that have a similar temperature range. This limits their application where accuracy is of prime importance.
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