Infrared Detector Market is expected to generate a revenue of USD 763.67 Million by 2027, Globally, at 9.6% CAGR: Verified Market Research®

The rise in awareness of IR detectors among manufacturing and industrial applications, growing consumer electronics applications, and the rapidly growing industrial sector has been driving the worldwide Infrared Detector Market.


Jersey City, New Jersey, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Infrared Detector Market” By Type (Mercury Cadmium Telluride (MCT), Indium Gallium Arsenide (InGaAs), Pyroelectric, Thermopile, Micro bolometer, and Others), By Wavelength (Short-wave infrared, Medium-wave infrared, and Long-wavelength infrared), By Application (Temperature measurement, Industrial, Military and Defense, Automotive, Smart Home, and Others), and By Geography. According to Verified Market Research, the Infrared Detector Market size was valued at USD 386.06 Million in 2019 and is projected to reach USD 763.67 Million by 2027, growing at a CAGR of 9.6% from 2020 to 2027.

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37 – Figures

Global Infrared Detector Market Overview

The Infrared Detector Market is driving owing to the increasing adoption of IR detectors within the manufacturing and other industrial divisions. These industries observe a huge presence of harmful radiation. Moreover, the rising adoption of IR detectors in consumer electronics, medicine, communications, science, and many more applications are boosting worldwide demand.

Moreover, the high demand for security in commercial environments such as airports, offices, hotels, and hospitals is expected to boost the Infrared Detector Market growth. Furthermore, factors such as the lower price of IR detectors, and the use of night vision ability in military applications have positively anticipated propelling the development of the global Infrared Detector Market.

There are certain obstacles and restraints faced that will hinder the overall market growth. The factors such as government regulations and the high cost of technologies such as mercury cadmium telluride (MCT) and Indium gallium arsenide (InGaAs) limit market growth. Also, stringent import and export regulations are estimated to sluggish growth during the forecast period.

Key Players

The major players in the market are Texas Instruments Inc., Honeywell International Inc., Omron Corporation, Excelitas Technologies Corp., Hamamatsu Photonics K.K., FLIR Systems Inc., Murata Manufacturing Co., Ltd., Raytheon Company, Sofradir, and Nippon Avionics., and Others.

Verified Market Research has segmented the Global Infrared Detector Market On the basis of Type, Wavelength, Application, and Geography.

  • Infrared Detector Market, By Type
    • Mercury Cadmium Telluride (MCT)
    • Indium Gallium Arsenide (InGaAs)
    • Pyroelectric
    • Thermopile
    • Microbolometer
    • Others
  • Infrared Detector Market, By Wavelength
    • Short-wave infrared
    • Medium-wave infrared
    • Long-wavelength infrared
  • Infrared Detector Market, By Application
    • Temperature measurement
    • Industrial
    • Military and defense
    • Automotive
    • Smart home
    • Others
  • Infrared Detector Market, by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

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