9.7% CAGR Growth for Global Infrared Sensor Market by 2023| FLIR Systems Inc., Texas Instruments Inc., Hamamatsu Photonic K.K., Omron Corporation, Sofradir etc.

The global infrared sensor market was valued at US$ 399.68 Mn in 2018 and is expected to reach US$ 634.96 Mn by the end of the forecast period, growing at a CAGR of 9.7% during the period from 2018 to 2023.

INQUIRE FOR DISCOUNT UPTO 50% ON INFRARED SENSOR MARKET 2018-23 REPORT AT: https://inforgrowth.com/requestdiscount/r/1213231/global-infrared-sensor-market-company-profiles-and-competitive-intelligence-report-2018

The global Infrared Sensor (IR) sensor market is highly fragmented owing to the presence of international, regional, and local vendors. The demand for IR sensor is expected to grow due to the rising investments in R&D by key players, such as FLIR Systems Inc., Texas Instruments Inc., Hamamatsu Photonic K.K., Omron Corporation, and others. To expand the market, the majority of the vendors are adopting new technologies and product launches to gain a competitive advantage in the global market. The Infrared Sensor (IR) market is largely driven by new product launches and acquisitions. For instance, Honeywell International Inc. and Omron Corporation together have acquired local infrared detector manufacturer companies for enhancing their global outreach and increase market share.

The key players operating in the market include FLIR Systems Inc., Texas Instruments Inc., Hamamatsu Photonic K.K., Omron Corporation, Sofradir, Excelitas Technologies Corp., Murata Manufacturing Co., Ltd., Nippon Avionics, Raytheon Company, Honeywell International Inc., and others. The company profiles will include key information about companies such as company description, base of operations, operational presence, product/business portfolio, employee strength, list of key stakeholders and board of directors, organizational structure, key competitors and their details, financial information such as revenue growth, profit margin, market capitalization, market positioning of key players, share price comparison, SWOT analysis, key developments, business strategies, and analysts’ views.

The competition in the global Infrared Sensor (IR) market is intense as various vendors are providing the technology to various end-use industries for market expansion. They are used in a wide range of applications, while new applications are continuously developing. For instance, in November 2016, Excelitas Technologies Corporation has launched new CaliPile sensors, an intelligent IR sensor that comprises highly-sensitive infrared detectors and connected electronic circuitry. These sensors are primarily being used in numerous applications in the field of medicine, communications, science, agriculture, remote sensing from space, and others.

ASK FOR A SAMPLE COPY OF THIS REPORT AT: COMPETITIVE INTELLIGENCE & COMPANY PROFILES REPORT SAMPLE LINK: https://inforgrowth.com/samplerequest/r/1213231/global-infrared-sensor-market-company-profiles-and-competitive-intelligence-report-2018

Recent Developments in the Market:
Elliptic Labs: In Dec 2018, Elliptic Labs and Solomon Systech Combine Ultrasound and Capacitive Technology for OEMs to Remove IR Proximity Sensors from Smartphones. Elliptic Labs, the innovator in ultrasound virtual sensors, announced a partnership with Solomon Systech Limited, a leader in display controllers, which will help the smartphone market take a big step forward towards eliminating the outdated IR proximity sensor that has been around since the first Smartphone. Eliminating the IR sensor gives an almost full-screen display in smartphones.

AKMC: In Sep 2018, Asahi Kasei Microdevices Corporation, (AKM) has developed a short-range infrared sensor IC, known as the AK9754, with a built-in Human Approach Detection algorithm. The AK9754 consumes less power because of the built-in algorithm, as compared to the existing systems that need external signal processing. It is suitable for battery-powered applications.

The AK9754 integrates AKM’s original InSb quantum IR sensor element, an analog front-end circuit for converting the current output of the element to voltage.

ENQUIRE MORE ABOUT THIS REPORT AT: COMPETITIVE INTELLIGENCE & COMPANY PROFILES REPORT CUSTOMIZATION LINK: https://inforgrowth.com/customizationrequest/r/1213231/global-infrared-sensor-market-company-profiles-and-competitive-intelligence-report-2018

Related Reports on Infrared Sensor Market:
Global Infrared Sensor Market Full Report
Global Infrared Sensor Market Summary Report
Global Infrared Sensor Market Segmentation Report
Global Infrared Sensor Market Regional Report
Global Infrared Sensor Market Statbook

About InForGrowth:
We are a market-intelligence company formed with the objective of providing clients access to the most relevant and accurate research content for their growth needs. At InForGrowth, we understand Research requirements and help our clients in taking informed business-critical decisions. Given the complexities and interdependencies of market-intelligence, there is always more than one source to explore and arrive at the right answer. Through our smart search feature and our reliable & trusted publishing partners, we are paving the way for more simplified and relevant research.

For all your Research needs, reach out to us at:
Address: 6400 Village Pkwy suite # 104, Dublin, CA 94568, USA
Contact Person: Rohan
Email: sales@inforgrowth.com
US: +1-909-329-2808
UK: +44 (203) 743 1890

This release was published on openPR.