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Emerging Trends to Drive Infrared Telescope Market Growth at 7.8% CAGR Through 2029

08-22-2025 08:33 AM CET | Aerospace & Defense

Press release from: The Business Research Company

Infrared Telescope

Infrared Telescope

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Infrared Telescope Market Size Growth Forecast: What to Expect by 2025?
Recent years have seen robust growth in the infrared telescope industry. From $2.21 billion in 2024, it's projected to increase to $2.39 billion in 2025, indicating a compound annual growth rate (CAGR) of 8.2%. Factors such as increasing demand for military surveillance and reconnaissance, escalating investment in space exploration missions, growing fascination with deep-space astronomy, the development of cooled infrared detectors, and a rise in their use in atmospheric and climate research contributed to this historical growth.

How Will the Infrared Telescope Market Size Evolve and Grow by 2029?
In the coming years, robust growth is anticipated in the infrared telescope market, which is projected to reach $3.23 billion by 2029, reflecting a compound annual growth rate (CAGR) of 7.8%. The ascension in this period can be attributed to a surge in commercial satellite use with infrared capabilities, an increasing emphasis on space-based early warning systems, a blossoming interest in exoplanet discovery and livability studies, a growing utilization of infrared telescopes in scholastic research, and the broadening of space-oriented infrared observation initiatives. Key trends expected during this term encompass improvements in detection technology, the incorporation of artificial intelligence, strides in adaptive optics, amalgamation with multispectral imaging, and the miniaturization of infrared telescope systems.

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What Drivers Are Propelling the Growth of Infrared Telescope Market Forward?
The growth of the infrared telescope market is anticipated to be fueled by rising investments in space-based research. This kind of research involves conducting scientific investigations and experiments beyond the earth's atmosphere by leveraging devices like satellites and telescopes, which help explore the earth, universe and the effects of microgravity. This surge in investments is influenced by the escalating global interest in space exploration, which not only spurs scientific findings but also promotes economic expansion and strategic progression. Infrared telescopes facilitate the identification of celestial entities that are hidden by dust and gas, thereby augmenting our understanding of the universe and leading to strategic investments in potential space research ventures. For example, in March 2022, as per the Department of Industry Science and Resource, a government department based in Australia, the Australian 2022-23 budget has allocated significant funding for space initiatives, including $1.16 billion through 2038-39, coupled with a yearly budget of $38.5 million for the initial phase of the National Space Mission for Earth Observation. On top of that, $37.4 million has been earmarked till 2025-26 for the recently inaugurated CSIRO Research Translation Start program. Thus, the escalating investments in space-based research are propelling the growth in the infrared telescope market.

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Which Emerging Trends Are Transforming the Infrared Telescope Market in 2025?
Leading businesses in the infrared telescope market are honing their focus on the creation of innovative offerings like infrared space telescopes, with the aim to improve observational reach and deliver holistic cosmological data. An infrared space telescope, specially devised to examine the cosmos in infrared wavelengths, is dispatched into space. For instance, the ere*x, an infrared space telescope, was launched by NASA, a US-based space organization, in March 2025. ere*x is engineered to conduct a full-scale survey in near-infrared light, providing a sweeping visual of the universe. It has the capability to analyze in excess of 300 million galaxies and 100 million stars. This tool will aid in revealing critical data on the inception of the universe, the generation of galaxies, and the spread of water and organic compounds in the interstellar realm.

What Are the Key Segments in the Infrared Telescope Market?
The infrared telescope market covered in this report is segmented -

1) By Type: Ground-Based Telescopes, Space-Based Telescopes
2) By Component: Optical Components, Detectors, Cooling Systems, Mounting Structures, Software And Control Systems
3) By Technology: Photonic Detectors, Quantum Detectors, Thermo-Dynamic Detectors
4) By Application: Astronomy And Astrophysics, Space Exploration, Earth Observation, Climate Monitoring, Defense And Surveillance
5) By End User: Research Institutions, Government Agencies, Universities And Educational Institutions, Private Companies, Aerospace And Defense Organizations

Subsegments:
1) By Ground-Based Telescopes: Near-Infrared Telescopes, Mid-Infrared Telescopes, Far-Infrared Telescopes
2) By Space-Based Telescopes: Low-Earth Orbit Infrared Telescopes, Geostationary Orbit Infrared Telescopes, Deep Space Infrared Telescopes

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Who Are the Key Players Shaping the Infrared Telescope Market's Competitive Landscape?
Major Companies operating in the infrared telescope market are Hamamatsu Photonics K.K., RTX Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, Thales Group, L3Harris Technologies Inc., Leonardo S.p.A., SKF, Olympus Corporation, Elbit Systems Ltd., Teledyne Technologies Incorporated, Hexagon AB, Zhejiang Dali Technology Co. Ltd., Allied Vision Technologies GmbH, Advanced IR Optics Inc., VIGO Photonics, Princeton Infrared Technologies Inc., InfraRed Associates Inc., Princeton Infrared Technologies, Satlantis Microsats SA

What Geographic Markets Are Powering Growth in the Infrared Telescope Market?
North America was the largest region in the infrared telescope market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the infrared telescope market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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