Infrared (IR) Sensor Market : Size, Share, Growth, Analysis, Key Players, Revenue, | Valuates Reports

Infrared (IR) Sensor Market Size
The global Infrared (IR) Sensor market was valued at US$ 912 million in 2023 and is anticipated to reach US$ 1620.8 million by 2030, witnessing a CAGR of 8.6% during the forecast period 2024-2030.

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Infrared (IR) Sensor Market
Infrared (IR) Sensor is a light-sensitive optoelectronic component, which is used in gas analysers and flame detectors.
Growth in the automotive industry: IR sensors are widely used in automotive applications, such as parking assist systems, night vision systems, and autonomous driving systems. The growth in the automotive industry is leading to an increase in the demand for IR sensors.
Development of IR imaging technology: IR imaging technology has advanced significantly in recent years, resulting in better image quality, higher resolution, and lower cost. This has opened up new applications for IR sensors in areas such as security, surveillance, and environmental monitoring.
Development of innovative IR sensor technologies: The IR sensor market is characterized by continuous innovation in sensor technologies. Development of new materials, improved manufacturing processes, and advanced image processing algorithms are enabling the production of more sensitive, accurate, and cost-effective IR sensors. This innovation is expected to drive market growth in the future.
Government support and funding: Governments worldwide provide funding and support for research and development in sensing technologies. This support is promoting the development of innovative IR sensor technologies and their application in various sectors such as defense, homeland security, and environmental monitoring.
This report aims to provide a comprehensive presentation of the global market for Infrared (IR) Sensor, 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 (IR) Sensor.
Report Scope
The Infrared (IR) Sensor 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 (IR) Sensor 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 (IR) Sensor 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 Infrared (TIR) Sensor
• Quantum Infrared (QIR) Sensor

Segment by Application

• Military And Defense
• Semiconductors Industry
• Manufacturing Industry
• Commercial Applications
• Telecommunications

By Company

Hamamatsu Photonics, Excelitas Technologies, Murata Manufacturing, Raytheon, InfraTec, Teledyne, Honeywell, Texas Instruments, Nippon Avionics, FLIR Systems

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