Infrared Sensors Market: Size, Share, Growth, Analysis, Key Players, Revenue, | Valuates Reports

Infrared Sensors Market Size
The global Infrared Sensors market was valued at US$ 734.1 million in 2023 and is anticipated to reach US$ 1070.8 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.

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Infrared Sensors Market
An infrared sensor is an electronic instrument that is used to sense certain characteristics of its surroundings.
Infrared sensors detect and measure infrared radiation, finding applications in various industries such as automotive, aerospace, and consumer electronics. Factors driving market growth include increasing demand for security and surveillance systems, advancements in sensor technology, and the rising adoption of automation in various sectors. The market is competitive, with several key players offering a wide range of infrared sensors. However, challenges such as high cost, limited detection range, and complex integration requirements may hinder market growth. Nonetheless, the infrared sensors market holds promising opportunities, driven by the increasing need for non-contact temperature measurement, gesture recognition, and night vision applications.
This report aims to provide a comprehensive presentation of the global market for Infrared Sensors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Infrared Sensors.
Report Scope
The Infrared Sensors market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Infrared Sensors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Infrared Sensors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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Segment by Type

• Thermal
• Quantum

Segment by Application

• Consumer Electronics
• Aerospace and Defense
• Mining
• Oil and Gas
• Other

By Company
Murata Manufacturing, Hamamatsu Photonics, Excelitas Technologie, Teledyne, Raytheon, InfraTec GmbH, FLIR Systems, Nippon Avionics, Honeywell International, Texas Instruments

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This release was published on openPR.