Infrared Detector Market

Infrared Detector Market Outlook

The global infrared detector market is valued at around US$ 463 Million at present. Sales of infrared detector sensors are slated to accelerate at a high CAGR of 7.7% to top US$ 968 Million by 2031.

Demand for long wave infrared detectors is likely to increase at an even higher CAGR of 8% over the assessment period of 2021 to 2031.

The global sensors market was valued at US$ 180 Billion in 2020, with infrared detector sales accounting for just around 0.23%; however, this share is expected to increase over the decade.

Market Analysis	Values
Infrared Detector Market Size (2021)	US$ 463 Mn
Projected Market Value (2031)	US$ 968 Mn
Global Market Growth Rate (2021-2031)	7.7% CAGR
Market Share of Top 5 Infrared Detector Manufacturers	15% - 20%

Revenue Analysis of Infrared Detectors from 2016 to 2020 Compared to Demand Outlook for 2021 to 2031

Infrared detectors are mainly used in motion and people sensing applications, which are expected to lead market growth over the coming years. Sales of consumer electronics are rising with each passing year, and application of infrared detectors in this sector is likely to grow 2X over 2021-2031.

Increasing use of infrared detectors in areas such as museums, homes, airports, libraries, and retail shops to count people and detect motion had subsidized its dominance in the market. Rise in the utilization of smart homes devices is slated to boost the need for such detectors.

• North America is a prominent regional due to rising demand for infrared detectors in the U.S., which is anticipated to expand at a CAGR of 6.6% through 2031.
• The South Asia & Oceania region holds a market value of around US$ 87 Million currently, owing to high rate of technology adoption.
• The East Asia and Europe regions have contributed significantly to the demand growth of infrared detectors, and accounted for around 25% and 14.5% market share in 2020, respectively.
• The top 5 providers of infrared sensing detectors held around 15% to 20% market share in 2020, as the market is fairly fragmented.

How Will Availability of Substitute Technologies Impact Infrared Detector Demand?

In most chemical industries, infrared detection systems are used to identify or detect the leakage of gas. Though, catalytic detectors are acting as a substitute for infrared detectors to detect gas. Catalytic detectors consist of a heating coil paired as active and reference; the active type of element is embedded in a catalyst.

The main advantage of catalytic type of detectors is that they can recognize hydrogen gas, whereas infrared detector cannot. Besides, these detectors have a long lifecycle with less maintenance cost, standardized patterns, are easy to install, and simple to operate.

Catalytic detecting equipment can also operate in high temperatures, humid and dusty environments, and detect combustible hydrocarbon as well as gases such as butadiene, hexane, butane, propane, ethane, methane, propylene, and many others. Such factors are likely to drive usage of catalytic detectors in gas detecting applications, thereby impacting demand for infrared detecting systems.

Country-wise Insights

What Makes the U.S. a Leading Market for Infrared Detectors?

The U.S. market is likely to witness remarkable growth at 6.6% CAGR through 2031. Some of the major applications that are expected propel the U.S. infrared detector market are industrial, military, and defense, and commercial.

The U.S. is observing growing demand for short wave infrared detectors, particularly in short wave infrared cameras for scientific research, leading to increasing market share of 85% by 2031 in the North American market.

What is the Growth Outlook for the Market for Infrared Detectors in China?

China is expected to dominate the global market for IR detectors in terms of volume export due to high volume production and low pricing. Rise in world terrorism is the biggest driver for countries to adopt infrared detectors.

The market in China for IR detectors is likely to enjoy a valuation of around US$ 165 Million by the end of 2031. Infrared sensor motion detectors have great potential in the future, which will drive global business growth.

Category-wise Insights

Will Growing Adoption of Infrared Detectors in Motion Devices Pave the Way for Market Expansion?

Demand for people sensing and motion devices is on the rise. High adoption of object/people counting systems and rising automation of buildings are some of the significant factors that have led to growth in demand for these infrared detector alarms and systems.

Features such as non-contact detection and the ability to detect motion in both, the absence and presence of light, have led to high adoption of infrared sensing technology for people sensing and motion applications, as far as infrared detection systems are concerned.

Infrared detector shipments are likely to grow 2.1X at a CAGR of 7.7% through 2031 Infrared detectors are also used in several detection applications such as safety lighting, burglar alarms, garage doors, security cameras, motion-activated security cameras, and people counting systems. Moreover, in robotics, infrared detectors are used to measure distance and traction at a high rate, as they are used to sense the motion of IR emitting bodies.

Why is Popularity of Short Wave Infrared Detectors Rising?

Short wave infrared detectors are suitable for various applications. They see endless opportunities in various applications, such as security, industrial, and scientific image processing. This type of infrared detector is used for the analysis of spectroscopes, such as the quality analysis of various products in agriculture, sorting of plastics for recycling, unknown substance structural clarification, and classification of purity of substances.

These detectors are appropriate to click an image through water in an attempt to identify metallization and defects in electrical contact. Short wave infrared detector sales are valued at US$ 70 Mn currently, and demand is likely to surge at a CAGR of 7.9% over the decade.

Short wave infrared detectors are also used in some civil applications such as fruit inspection, inspection of bottling plant, inspection of solar cell, and so on. One of the most important applications is military, which leads with a market share of 14%.

These detectors are useful in getting images of border monitoring, camouflage identification, night vision, and surveillance. In military applications, short wave infra detectors typically see through and click images with higher contrast in various atmospheric conditions such as rain, haze, fog, mist, and various challenging conditions. All these beneficial factors of short wave infrared detectors and infrared detector circuits are having a positive impact on overall market growth of infrared detector sensors.

Competitive Landscape

According to the infrared detector industry analysis, IR detector manufacturers and suppliers have focused on expansion, investments, acquisitions, delivery, portfolio expansion, and brand development.

Some of the key developments are:

• In 2021, Lynred launched new miniature type of infrared detector named Galatea MW, having the features of SWAP (Size, Weight, and Power). This newly launched product is compatible with existing optics and easy to integrate in military applications.

Similarly, recent developments by top providers of infrared detectors have been tracked by the team at Fact.MR, which are available in the detailed report.

Infrared Detector Industry Report Scope

Report Attributes	Details
Forecast Period	2021-2031
Historical Data Available for	2016-2020
Key Market Segments Covered	By Product Type By Supply Voltage By Application By Industry By Region
Key Companies Profiled	Excelitas Technologies Corp Texas Instruments Incorporated Raytheon Company OMRON Corporation Hamamatsu Photonics K.K. Lynred

Key Market Segments Covered in Industry Research

• By Spectral Range

  • Short Wave
  • Mid-Wave
  • Long Wave

• By Technology

  • Mercury Cadmium Telluride
  • Indium Gallium Arsenide
  • Pyroelectric
  • Thermopile
  • Micro Bolometers
  • Others

• By Application

  • Automotive
  • Consumer Electronics
  • Medical
  • Military
  • Security

• By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East Africa