The global infrared detector market is currently valued at approximately $ 463 million . Sales of infrared detector sensors are expected to accelerate at a high compound annual growth rate (CAGR) of 7.7%, reaching US$ 968 million by 2031 .
During the assessment period of 2021–2031, the demand for long-wavelength infrared detectors is anticipated to increase at a much higher CAGR of 8%. Infrared detector sales made up only about 0.23 percent of the global sensor market in 2020, which was estimated to be worth USD 180 billion. Over the next ten years, however, it is anticipated that this percentage will rise.
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Why is Popularity of Short Wave Infrared Detectors Rising?
The popularity of short wave infrared detectors is rising due to their ability to detect a wide range of wavelengths, from the visible to the infrared. This makes them ideal for applications such as night vision, surveillance, and security. Additionally, short wave infrared detectors are more sensitive than other types of infrared detectors, allowing them to detect even the smallest changes in temperature. Finally, they are relatively inexpensive compared to other types of infrared detectors, making them a cost–effective solution for many applications.
- Excelitas Technology Corporation
- Texas Instruments Corporation
- Raytheon Company
- Omron Co., Ltd.
- Hamamatsu Photonics Co., Ltd.
- Lin Red
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In most chemical industries, infrared detection systems are used to identify or detect gas leaks. However, catalytic detectors replace infrared detectors to detect gases. A catalytic detector consists of an active and reference paired heating coil. Active types of elements are included in catalysts.
The main advantage of catalytic type detectors is that they can detect hydrogen gas whereas infrared detectors cannot. In addition, it has low maintenance cost, long service life, standardized pattern, easy installation and simple operation.
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Key market segments covered in the Infrared Detectors industry study
- by spectral range
- short wave infrared detector
- medium wave infrared detector
- long wave infrared detector
- by technology
- Mercury Cadmium Telluride
- indium gallium arsenide
- superelectric
- thermopile
- micro bolometer
- etc
- by application
- Infrared detectors for cars
- Infrared detectors for home appliances
- Medical Infrared Detectors
- military infrared detector
- Infrared detector for security
competitive landscape
According to the infrared detector industry analysis, infrared detector manufacturers and suppliers have focused on expansion, investments, acquisitions, deliveries, portfolio expansion, and brand development.
Some of the key developments include:
- In 2021, Lynred introduced a new compact type of infrared detector called the Galatea MW with Size, Weight, and Power (SWAP) capabilities. This new product is compatible with existing optics and integrates easily into military applications.
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