The rising security concerns and the growth in the demand of ‘contact less temperature measurement’ and ‘motion sensing’ in consumer electronics application - have boosted the IR detector market. In the overall IR detector market, the people and motion sensing application is expected to be the highest revenue generator and lead the market, from the demand side.
According to a new market research report "IR Detector Market by Technology (MCT, InGaAs, Pyroelectric, Thermopyle, Microbolometer), Application (People & Motion Sensing, Temperature Measurement, Fire & Gas Detection, Spectroscopy), Spectral Range (S/M/LWIR) & by Geography - Global Forecast to 2013 – 2020", published by MarketsandMarkets, the total market is expected to reach $704.8 Million by 2020 growing at a CAGR of 11.9% from 2014 to 2020.
The rising security concerns and the growth in the demand of ‘contact less temperature measurement' and ‘motion sensing' in consumer electronics application - have boosted the IR detector market. In the overall IR detector market, the people and motion sensing application is expected to be the highest revenue generator and lead the market, from the demand side. The APAC region will lead the IR detector market with regards to the people and motion sensing and temperature measurement applications; the Americas and Europe will follow shortly.
The IR detector report's detailed segmentation by technology, by applications, by spectral range and by geography - covers all the existing and emerging technologies in the IR detector market. The major technologies that have been extensively covered in the report are the MCT, InGaAs, Thermopyle, Pyroelectric, and Microbolometers.
The IR detector market is segmented by applications such as: people and motion sensing, temperature measurement, fire and gas detection, spectroscopy, bio medical imaging, smart homes, and others.
The IR detector market has also been segmented by spectral range, which includes:Short Wave Infrared (SWIR), Mid Wave Infrared (MWIR), and Long Wave Infrared (LWIR).