Asia-Pacific IR Detector Market is Estimated to Grow with a CAGR of 13.1%

Date: 2015-08-11

“The Asia-Pacific IR detector market is estimated to grow with a CAGR of 13.1% during the forecast period. The growth of the Asia-Pacific IR detector market is driven by factors such as rising security concerns and the growth in the demand of ”contact-less temperature measurement” and ”motion sensing” in consumer electronics application. 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

In this report, the Asia-Pacific IR detector market has been broadly classified by technology such as mercury cadmium telluride (MCT), indium gallium arsenide (InGaAs), pyroelectric, thermopiles, and microbolometers. 

The IR detector technologies enable the systems that help interact with the outer world without touching it. It mainly detects the radiations from the objects around it. This report gives a detailed analysis of these detection technologies, and their broad existing and emerging markets. The various application segments for the IR detector market in the Asia-Pacific region are people and motion sensing, temperature measurement, fire and gas detection, spectroscopy, biomedical imaging, and smart homes.

There are a number of players in Asia-Pacific’s IR detector market which makes it competitive. As of 2014, the Asia-Pacific IR detector market had top market players such as Murata Manufacturing (Japan), Hamamatsu Photonics (Japan), FLIR (U.S.), ULIS (France), Raytheon (U.S.), Melexis NV (Belgium), Texas Instruments (U.S.), and OMRON (Japan). Currently, two companies dominate the IR detector market, namely Excelitas (U.S.) & Nicera (Japan), with both companies accounting for a majority of the market share.

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