Press release
Infrared Sensor Market 2021 Strategic Forecasting – Precise Outlook By 2026
The Infrared Sensor Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Infrared Sensor market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Infrared Sensor market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Infrared Sensor market.Infrared Sensor (IR) Market is expected to register a CAGR of over 12.5% during the forecast period (2020 - 2025).
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Top Leading Companies of Infrared Sensor Market are - Wuhan Guide Infrared Co. Ltd., Nippon Avionics Co. Ltd., L-3 Technologies Inc., Infrared Integrated Systems Ltd., General Dynamics Corporation, FLIR Systems Inc., Teledyne Technologies Inc., Murata Manufacturing Co. Ltd., Fluke Corporation, DRS Technologi and others.
Industry News and Updates:
- In June, 2018, Bosch launched BHI260 and BHA260, the first two members of a new generation of smart sensor hubs for wearables, hearables, AR/VR, and other mobile devices.
- In April, 2018, Leonardo DRS, Inc. announced the launch of its innovative Tenum 640 thermal imager, the first uncooled 10-micron thermal camera core onthe market for original equipment manufacturers (OEMs). The Tenum 640 is ideal for surveillance and security applications.
Key Market Trends:
Automotive Sector is Expected to Occupy Significant Market Share
Increasing adoption of autonomous cars and vehicle connectivity coupled with increasing investments in the research and development of integration of Infrared cameras in automobiles, is expected to become the future become necessary in the near future and aid the market over the forecast period. this further aided the increase in adequate assimilation, and comprehension of visual, audio, geographical, and other data and has fueled rapid adoption of infrared sensors to deliver more accurate and reliable distance sensing and measurement, especially in challenging environmental conditions.
Asia-Pacific Market to Hold a Significant Market Share
Asia-Pacific is the fastest growing market for infrared sensor, owing to the established electronics industry and increasing technological advancements in economies, such as China, Japan, and South Korea. Also, the region is the largest producer and consumer of consumer electronic.
- Growing consumer preference toward better energy management, growing penetration of Internet of Things (IoT) is driving the demand for smart home automation technology, which, in turn, boost the demand for infrared sensor.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Infrared Sensor Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Infrared Sensor Market (%),2016 - 2026
- Infrared Sensor Market Share, By Brand
- Infrared Sensor Market Share, By Company
- Infrared Sensor Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Infrared Sensor Market Value Analysis & Forecast
- Promising Infrared Sensor Development by Major Companies
- Detailed Infrared Sensor Portfolio of the Major Companies
- Major Deals in the Infrared Sensor Market
- Major Companies Analysis
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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