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Global Infrared Sensors Market Analysis and Forecast (2014 – 2019)
The top 5 companies in infrared sensors market held a market share of around 59% in 2013.
Infrared sensors have become pervasive in their usage among home appliances, cameras, security devices and thermal cameras, pyrometers, temperature sensors, gas and fire detection systems, spectrometers etc.
Increased demand for home automation products, growth in process automation industry and usage in wireless communication are the main factors for the IR sensors market growth. Gesture recognition is an emerging market in the electronic device market, specifically gaming, which has high growth potential for IR sensors. 3D range cameras use near IR LEDs for resolving distance using time of flight technique in combination with the image sensors. This segment will be unlocking a potential new revenue stream for IR sensors as driver assistance systems and automotive telematics which uses similar technique increase in cars across the globe.
Companies such as Axis communication for example are offering cameras which can detect movement over 5400 ft. With the advancement in technology, innovative features are being added to these products like motion detection and AVHS. FLIR is providing industry range cooled IR Cameras which are used in R&D applications which have better image quality, higher frame rate and more sensitivity. These innovations are making the Infrared Sensors market wider and increasing the consumer base. Sofradir is the leader in the IR detectors market which is used for military applications. This market segment is steadily growing with annual shipments of products crossing 350,000 units.
IndustryARC estimates the global IR sensors market to grow from around $252m in 2014 to around $549m in 2019 at a growth rate of around 16.8%.
Table of contents and insights
Recently, ULIS has launched the Pico1024E Gen II, a second-generation infrared sensor which basically aims at the military market. This sensor is intended to function over a long range of three to five kilometers and has a high definition, faster detection sensor. It also offers a wide field of view and needs less power.
The IndustryARC's report on the "Global Infrared Sensors Market Analysis and Forecast (2014 – 2019) (http://industryarc.com/
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Page Updated Last on: Jul 10, 2014