Infrared Detector Market - Forecasts from 2024 to 2029

The infrared detectors market is estimated to grow at a CAGR of 6.46% from estimated value of US$681.023 million in 2024 to US$931.357 million in 2029.

Infrared detectors are the optoelectronic components that provide data based on infrared radiation detection. Such devices are compatible with surveillance, defense, manufacturing, and machine irregularities detection, among other applications.

The growing investment in improving the defense capabilities of a country, followed by growing usage of new technological innovation in industrial operations for enhancing the overall productivity has bolstered the market expansion. They're used in industrial operations to track how well motors, boilers, bearings, and other electrical peripherals work. Emerging trends such as optical sensing enabling smart homes, surveillance, and night vision are affecting the infrared detector market growth. However, high capital costs and improper functioning under fluctuating weather conditions pose a challenge to market growth.

Infrared Detector Market Drivers:

• Innovations in infrared imaging are driving the market growth.

The usage of infrared detectors in phone cameras, AR glasses, and self-driving cars, followed by growing innovations in such applications, has motivated market players to develop new advancements in this field. Companies such as Si-ware Systems have created a compact near-infrared spectral sensor that can be integrated into a smartphone.

Additionally, using such detectors in high-speed cameras can assist in scanning vegetation from space, providing a better understanding of human skin cells' evolution. These detectors can also be utilized for purposes unrelated to space. Researchers with the Defence Advanced Research Projects Agency are investing in developing an infrared detector to bolster security strength.

• Growing demand for movement & human detection devices bolsters market growth.

Infrared detectors establish a protective premise crossing that an unknown person can use to notify the concerned authorities, thereby reducing the chances of burglary or any criminal trespass. Surveillance cameras, safety illumination, burglar alarms, and garage doors all use infrared detectors. Moreover, the growing use of the product in the military and defense industries for surveillance, target detection, and target tracking, owing to its small size and ability to detect light from a long distance, further boosts market expansion.

• Product innovation & advancements drive the market expansion.

Innovations in thermal imaging technology to increase their usage in night vision glasses and security cameras, among other things, are accelerating market expansion. In line with this, the extensive use of detectors in industrial plants to monitor the performance of boilers, electrical peripherals, motors, and bearings is boosting market growth. Other reasons, such as increased deployment in smart homes, airports, and railway stations, are projected to stimulate overall market growth.

Moreover, infrared detectors are well-known for their adaptability to various applications. They're utilized for non-contact thermal management applications, infrared gas analysis, temperature control systems, flame recognition, human presence detection, and infrared spectroscopy, among other things.

Infrared Detector Market Segmentation Analysis

• Long-wave detectors hold a considerable market share.

The infrared detectors market, by wavelength, is segmented into brief-wave infrared detectors (SWIR), mid-wave infrared detectors (MWIR), and long-wave infrared detectors (LWIR). The long wavelength is expected to hold a significant market share fuelled by its wide application area, especially in military & defense.

• Cooled detectors constitute a major market share.

By technology, the infrared detectors market is analyzed into cooled and uncooled, where the former is projected to account for a considerable market share. Thermoelectric or cryogenically and liquid nitrogen are used in cooled infrared detectors, enabling them to reduce temperature-dependent noise. Such detectors are commonly used in industrial use and many other applications such as scientific research security & surveillance, and spectroscopy.

• Military & Defense holds a major share.

Based on the end-user, the segments include manufacturing, automotive, military, defense, and others. Military and defense are expected to hold a considerable market share, which is attributable to the ongoing investments in developing night vision goggles for army personnel followed by contract establishment with major manufacturers. These items can be utilized in business settings such as airlines, hospitals, companies, hotels, and residences for security.

North America constitutes a considerable share of the market.

North America is anticipated to account for a significant market share. It is poised to show the quickest growth fuelled by bolstering end-user growth in major economies, namely the USA and Canada. Investment in thermal imaging to bolster defense capabilities, followed by innovations in motor detection, has provided new growth prospects. Moreover, major space organizations, namely NASA, are implementing space missions associated with thermal imaging, which has also provided new growth prospects for regional market growth.

Infrared Detector Market Restraints

• The costly natures act as an obstacle to market growth.

Infrared detectors require more semiconductor components for improved sensitivity, making them more expensive than other detectors. Temperature changes and high air turbulence may impact their performance. Based on object temperature fluctuations, they cannot distinguish between things with comparable temperature ranges. In many cases, this provides an inaccurate result. This can hinder the market expansion.

Infrared Detector Market Key Developments

• April 2024: Lynred won a contract to develop an advanced multispectral infrared detector for the Sentinel-2 Next-Generation land monitoring satellite mission. The mission is being operated by the European Space Agency (ESA), and the multidisciplinary images provided by the satellite will be used in farming, forestry, and climate protection.
• July 2023: STMicroelectronics launched a novel human presence and motion detection system to bolster security systems. Unlike conventional PIRs, the detector contains thermal transitioners that enable the detection of stationary objects.
• May 2023: Gentex Corporation formed a commercial, engineering, and manufacturing agreement with ADASKY to develop advanced vision-based thermal sensing solutions, including sensors and detectors that can work in low light and all-weather conditions.
• December 2022: Photonics formed an agreement to acquire Xenics, which specializes in providing infra-red imaging solutions, including detectors. The acquisition would enable both parties to provide high-end infra-red imaging products to their B2B customers with highly advanced technical abilities.

The Infrared Detector market is segmented as follows:

By Wavelength

• Short-Wave
• Medium-Wave
• Long-Wave

By Technology

• Cooled
• Uncooled

By End-User Industry

• Manufacturing
• Automotive
• Military & Defense
• Healthcare
• Others

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Italy
• Others
• Middle East and Africa
• UAE
• Israel
• Saudi Arabia
• Others
• Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Indonesia
• Thailand
• Others