Authored By: Sarah
18 Jun 2024

 Infrared Sensors Market to grow by USD 224.7 million between 2023-2027

According to a research report “ Infrared Sensors Market” by Application (Commercial, Healthcare, Automotive, Others) Technology (Pyroelectric, Thermopile, Microbolometers, InGaAs, MCT) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2027 published by Technavio, the market size is estimated to grow by USD 224.7 million at a CAGR of over 8.24% during the forecast period. The infrared sensors market is experiencing significant growth due to the escalating issue of burglaries in various countries. Notable nations with high burglary rates per 100,000 population include the Netherlands, Denmark, Sweden, Belgium, Brazil, Costa Rica, and Australia. Additionally, countries with high burglary incident rates, such as the US, Germany, France, Russia, and Switzerland, are driving market demand. With the integration of live video feeds and burglar alarm circuits featuring photodiodes, homeowners can swiftly detect intrusions, reducing the risk of theft..

Browse market data tables, figures, and in-depth TOC on “Infrared Sensors Market” by Application (Commercial, Healthcare, Automotive, Others) Technology (Pyroelectric, Thermopile, Microbolometers, InGaAs, MCT) Geography (APAC, North America, Europe, South America, Middle East and Africa) Global Forecast to 2027.

 View detailed Table of Content- Click here

By Application, the Commercial segment is projected to dominate the market size in 2024.

Infrared sensors, specifically pyroelectric types, play a pivotal role in the detection of radiation emitted by living beings and inanimate objects. These sensors, which utilize crystalline materials like gallium nitride or cesium nitrate, generate signal outputs upon detecting temperature changes. Notably, Panasonic's November 2020 launch of EKM PaPIRs showcases their versatility, with applications in wide-area and small-area motion detection for various business sectors.

By Technology, Pyroelectric  segment is expected to hold the largest market size for the year 2024.

The commercial market for infrared sensors is experiencing significant growth due to the increasing demand for consumer electronics and monitoring and surveillance applications. The proliferation of smartphones, tablets, gaming consoles, and Bluetooth headsets has fueled this trend, as miniature infrared sensors are now easily integrated into compact devices. Leading mobile handset manufacturers, such as Apple, are driving market growth by incorporating high-quality cameras into their offerings. This rising penetration of advanced technology in compact devices is expected to continue boosting the infrared sensors market.

APAC is forecasted to hold the largest market size by region in 2024.

The APAC region led the global infrared sensors market in 2020, driven by the presence of prominent consumer electronics and automotive manufacturers. Key players in consumer electronics include LG Electronics, Lenovo, Samsung, Sony, Toshiba, Xiaomi, and BYD Electronic. Notable automotive manufacturers are Toyota Motor, Nissan Motor, and Mitsubishi Motors. The region's advantageous access to raw materials and cost-effective production costs have encouraged these companies to establish production centers, resulting in substantial orders for infrared sensors to integrate into their final product offerings.

The Infrared Sensors Market t growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • ams OSRAM AG
  • Elmos Semiconductor AG
  • Excelitas Technologies Corp.
  • FUJI and Co.
  • Hamamatsu Photonics KK
  • Honeywell International Inc.
  • InfraTec GmbH
  • L3Harris Technologies Inc.
  • Leonardo Spa
  • Melexis NV
  • Nippon Avionics Co. Ltd.
  • Nippon Ceramic Co. Ltd.
  • OMRON Corp
  • Parallax Inc.
  • Raytheon Technologies Corp.
  • Teledyne Technologies Inc.
  • Texas Instruments Inc.
  • Thales Group
  • Zhengzhou Winsen Electronics Technology Co Ltd.
  • Murata Manufacturing Co. Ltd.
.

For insights on company offerings- Request a sample report!

Research Analysis Overview

The Infrared (IR) sensors market encompasses a range of optoelectronic devices, including IR switching devices and IR photodetectors. These sensors play a crucial role in various industries, such as biomedical engineering and automotive. In the biomedical sector, IR sensors are employed in thermal vision systems and NIR light sources for applications like drug detection and temperature data analysis using thermopiles, microbolometers, and IR sensors. In the automotive industry, IR sensors are integrated into ADAS systems, autonomous vehicles, and child presence detection systems in European New Cars. IR sensors also find application in security and surveillance systems, such as pyroelectric infrared sensors for night vision and vehicle obstacle detection using LIDAR technology. The Delhi government has implemented video surveillance projects utilizing CCTV cameras, further expanding the market scope for IR sensors. Key players in this market include Ruhr-University Bochum and Sick AG.

Market Research Overview

The Infrared Sensors Market encompasses various applications in sectors such as security and surveillance, industrial automation, medical applications, consumer electronics, automotive industry, and more. Key challenges in this market include security concerns, integration challenges, and regulatory compliance. Infrared sensors play a crucial role in environmental monitoring, precision agriculture, IoT-connected vehicles, and IoT-enabled industrial processes. These sensors are also integral to automotive advanced driver-assistance systems (ADAS) and autonomous vehicles. Notable applications include night vision systems, child presence detection, and temperature data collection for central medical databases. Technological advancements in optoelectronic devices, such as IR switching devices, IR photodetectors, and microbolometers, contribute to the market's growth. Companies like Mitsubishi Electric, Sick AG, and Leonardo DRS are major players in this field. Applications in thermal vision, NIR light sources, and LIDAR technology further expand the market's potential. The market also includes the use of pyroelectric infrared sensors for vehicle obstacle detection and proximity sensors.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Read News Read Less
Interested in this report?
Get your sample now!
Technavio