Report Id: SNS/SEMI/2101 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
The Infrared Detector Market Size will be valued at USD 832 million by 2030, and it was valued at USD 480 million in 2022, and grow at a CAGR of 7.1% over the forecast period 2023-2030.
Infrared detector is used to detect infrared radiation to measure temperature and detect movement. It is integrated with various devices used for monitoring, automobile, testing, detection and measurement. Infrared sensors that convert infrared radiation into electrical signals are one of the most important sensor groups in the defense system. These dictators also play a key role in programs such as medical, automotive, industrial, security, and consumer electronics. The fast-growing industrial sector, government investment, and the economic incentives of the defense sector continue to support the growth of the global infrared detector market. These work very well compared to other detectors for safety and monitoring purposes because of their compact size and ability to detect infrared light from a distance.
Uncooled infrared detectors are becoming more and more common, and demand for infrared detectors for imaging applications is rising.
Applications for non-contact temperature monitoring, gas analysis, astronomy, and fire detection have a high infrared detector penetration rate.
Infrared detectors are being used more and more in motion and people-sensing solutions.
Strict regulations pertaining to the import and export of cameras.
Expanding the regions where infrared spectroscopy is used.
Infrared detector demand is increasing in developing nations.
Access to alternative technology.
Detection of materials/objects positioned outside the wavelength range.
IMPACT OF COVID-19:
COVID-19 has had a severe impact on the global economy as well as all industries. To stop the plague from spreading, governments in several countries have established borders. The initial phase of the epidemic's global shutdown in many countries has had a significant influence on people's lives and quality of life. As a result, the global supply chain has been shattered. The global economy has shrunk as commodity demand has decreased considerably. Due to the outbreak, which has caused a lack of immature materials, production in all industries has been slowed. Productivity declines are caused by variables such as depreciation and supply chain disruption. In the most realistic scenario, the infrared detector market is expected to grow at a CAGR of 7.1% between 2021-2028
Based on Technology, the infrared detector market is segmented into cooled and uncooled. Infrared detectors made using materials such as mercury cadmium telluride (HgCdTe) and indium antimonide (InSb) require mechanical cooling to increase their signal-noise level at usable levels. Indium gallium arsenide (InGaAs)-based detectors show similar sensitivity to HgCdTe- and InSb-based detectors at room temperature; however, they can be cooled to increase their sensitivity. Infrared coolers are usually cooled thermoelectrically or cryogenically. In some cases, liquid nitrogen is also used to cool detectors. Cooling reduces the temperature of the detector, allowing us to reduce the noise caused by heat to a minimum and improve its efficiency. However, cooled infrared coolers are more expensive than non-cooled, which prevents their mass gain. Cool infrared detectors receive applications in scientific research, astronomy, safety and observation, and spectroscopy, among others, where high accuracy is paramount.
Based on Wavelength, the infrared detector market is segmented into Medium Wavelength Infrared (MWIR), Long-wave infrared (LWIR) and Near-infrared (NIR) & Short Wavelength Infrared (SWIR).
Nearby infrared light is called light intensity within a wavelength range of 12,500–4,000 cm. The near-infrared spectrum (NIR) typically ranges from 0.7 to 1.0 μm. Immediate infrared light absorption is based on vibration of the object. However, it is much weaker in strength compared to absorbing infrared light as it is based on tones and tones integrated into a medium infrared light source. Therefore, measuring samples that include weak absorption is difficult, but the fact that samples can be measured without purification is an advantage. Short-wavelength infrared frequency (SWIR) ranges from 1 μm to 3 μm. Also known as infrared display. Infrared radiation from a light source reflects an object in the same way as radiation in a visible distance. The MWIR and LWIR lights are removed from the objects. SWIR is similar to visible light, in which photons are displayed or absorbed by an object, providing the strong brightness needed for high-resolution imagery.
The key players in the infrared detector market are FLIR Systems, Murata Manufacturing, EXCELITAS Technologies, Omron Corporation, TE Connectivity, Excelitas Technologies, Hamamatsu Photonics, Texas Instruments, Nippon Ceramic, INFRATEC and Other key companies.
Indium Gallium Arsenide
Mercury Cadmium Telluride
Medium Wavelength Infrared (MWIR)
Long-wave infrared (LWIR)
Near-infrared (NIR) & Short Wavelength Infrared (SWIR)
Gas & Fire Detection
People and Motion Sensing
Security and Surveillance
Spectroscopy and Biomedical Imaging
The infrared detector market in North America has been subdivided into the US, Canada, and Mexico. Regional market growth is dominated by large companies such as Excelitas Technologies (US), Texas Instruments (US), Honeywell International (US), and FLIR Systems (US). These companies strive to increase their presence in emerging markets such as APAC In order to diversify their product offerings and increase their market share, well-known infrared detector manufacturers also gain profit from working with, collaborating with, and partnering with organizations from a variety of sectors, including automotive, military, and defense.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 480 Mn|
|Market Size by 2030||US$ 832 Mn|
|CAGR||CAGR of 7.1% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Type (Indium Gallium Arsenide, Thermopile, Mercury Cadmium Telluride, Pyroelectric, Microbolometer, Others)
• By Technology (Cooled, Uncooled)
• By Wavelength (Medium Wavelength Infrared (MWIR), Long-Wave Infrared (LWIR), Near-Infrared (NIR) & Short Wavelength Infrared (SWIR))
• By Application (Temperature Measurement, Gas & Fire Detection, Scientific Applications, People And Motion Sensing, Security And Surveillance, Spectroscopy And Biomedical Imaging)
• By Vertical (Industrial, Nonindustrial)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||FLIR Systems, Murata Manufacturing, EXCELITAS Technologies, Omron Corporation, TE Connectivity, Excelitas Technologies, Hamamatsu Photonics, Texas Instruments, Nippon Ceramic, INFRATEC|
|Key Drivers||• Uncooled infrared detectors are becoming more and more common, and demand for infrared detectors for imaging applications is rising.
• Applications for non-contact temperature monitoring, gas analysis, astronomy, and fire detection have a high infrared detector penetration rate.
• Infrared detectors are being used more and more in motion and people sensing solutions.
|Restraints||• Strict regulations pertaining to import and export of cameras.|
Frequently Asked Questions (FAQ) :
The market Size will be valued at USD 725 million by 2028, and grow at a CAGR of 7.1% over the forecast period 2022-2028.
The market has been segmented with respect to type, technology, wavelength and application.
Due to the covid-19 outbreak, which has caused a lack of immature materials, production in all industries has been slowed. Productivity declines are caused by variables such as depreciation and supply chain disruption.
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
126.96.36.199 United Kingdom
188.8.131.52 South Korea
184.108.40.206 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Infrared Detector Market Segmentation, by type
8.2 Indium Gallium Arsenide
8.4 Mercury Cadmium Telluride
9. Infrared Detector Market Segmentation, by technology
10. Infrared Detector Market Segmentation, by wavelength
10.2 Medium Wavelength Infrared (MWIR)
10.3 Long-wave infrared (LWIR)
10.4 Near-infrared (NIR) & Short Wavelength Infrared (SWIR)
11. Infrared Detector Market Segmentation, by application
11.2 Temperature Measurement
11.3 Gas & Fire Detection
11.4 Scientific Applications
11.5 People and Motion Sensing
11.6 Security and Surveillance
11.7 Spectroscopy and Biomedical Imaging
12. Infrared Detector Market Segmentation, by vertical
13. Regional Analysis
13.2 North America
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4.2 South Korea
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.3 South Africa
13.6 Latin America
13.6.3 Rest of Latin America
14.1 Murata Manufacturing
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS view
14.2 FLIR Systems
14.3 EXCELITAS Technologies
14.4 Omron Corporation
14.5 TE Connectivity
14.6 Excelitas Technologies
14.7 Hamamatsu Photonics
14.8 Texas Instruments
14.9 Nippon Ceramic
15.1 Competitive Benchmark
15.2 Market Share analysis
15.3 Recent Developments
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.