PUBLISHER: TechNavio | PRODUCT CODE: 1525135
PUBLISHER: TechNavio | PRODUCT CODE: 1525135
The infrared sensors market is forecasted to grow by USD 284.3 mn during 2023-2028, accelerating at a CAGR of 9.45% during the forecast period. The report on the infrared sensors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of burglaries, increased adoption of infrared sensors in drone application, and development of smart cities.
Technavio's infrared sensors market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 8.41% |
CAGR | 9.45% |
Incremental Value | $284.3mn |
By Application
By Technology
By Geographical Landscape
This study identifies the adoption of night vision technologies in smart doorbells as one of the prime reasons driving the infrared sensors market growth during the next few years. Also, increasing number of connected devices through IoT and increasing investment in autonomous cars will lead to sizable demand in the market.
The report on the infrared sensors market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading infrared sensors market vendors that include ams OSRAM AG, Elmos Semiconductor AG, Excelitas Technologies Corp., FUJI and Co., Hamamatsu Photonics KK, Honeywell International Inc., InfraTec GmbH, L3Harris Technologies Inc., Leonardo Spa, Melexis NV, Murata Manufacturing Co. Ltd., Nippon Avionics Co. Ltd., Nippon Ceramic Co. Ltd., OMRON Corp., Parallax Inc., RTX Corp., Teledyne Technologies Inc., Texas Instruments Inc., Thales Group, and Zhengzhou Winsen Electronics Technology Co. Ltd.. Also, the infrared sensors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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