Infrared Sensors Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, Germany, South Korea - Size and Forecast 2024-2028

Infrared Sensors Market Size 2024-2028 

The infrared sensors market size is projected to increase by USD 284.3 million with growth at a CAGR of 9.45% between between 2023 and 2028. Market growth relies on various factors, including the rise in burglary rates, the expanding integration of infrared sensors in drone functionalities, and the evolution of smart city initiatives. These elements collectively drive advancements in security technologies, particularly in the realms of surveillance and monitoring. The escalating frequency of burglaries underscores the critical need for enhanced security measures and technologies. The incorporation of infrared sensors into drone applications represents a significant technological leap, enabling improved surveillance capabilities and operational efficiency. Furthermore, the development of smart cities necessitates innovative solutions to address security challenges, thereby fueling the demand for advanced security technologies and systems. These factors underscore the importance of evolving security measures to meet the demands of modern urban environments.

The market growth and forecasting report includes key player's detailed analyses of the competitive landscape of the market and information about key companies, including 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.

What will be the Size of the Market During the Forecast Period?

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Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Zhengzhou Winsen Electronics Technology Co Ltd. - The company offers CO2 gas sensor, CO sensor, combustible sensor, dust sensor, H2 sensor, toxic gas sensor, air quality sensor, alcohol sensor, NH3 gas sensor, CH2O gas sensor, O2 sensor, O3 gas sensor, SO2 gas sensor.

Market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Segmentation

The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Million" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.

• Application Outlook 
  • Commercial
  • Healthcare
  • Automotive
  • Others
• Technology Outlook
  • Pyroelectric
  • Thermopile
  • Microbolometers
  • InGaAs
  • MCT
• Region Outlook
  • APAC
    • China
    • India
  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

By Application 

The market share growth of the commercial segment will be significant during the forecast period. The commercial sector comprises consumer electronics and monitoring and surveillance applications, where the demand is increasing due to the growing adoption of smartphones, tablets, gaming consoles, and Bluetooth headsets.

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The commercial segment was valued at USD 165.90 million in 2018. These sensors find use in cameras and gesture recognition devices, driven by the rising popularity of high-quality cameras in smartphones and tablets. Advancements in technology have enabled the integration of miniature infrared sensors into compact electronic devices. Vendors like FLIR Systems, Fluke, and Jenoptik offer high-quality sensors, including uncooled (VOx) and cooled thermal security cameras, for intrusion detection, lighting control, and video alarm applications. Surveillance and monitoring solutions based on infrared sensors are driving the market.

Regional Analysis

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APAC is estimated to contribute 45% to the growth during the forecast year.  Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period.

The market experienced significant growth in 2020, with the APAC region leading the way due to the presence of major players in consumer electronics, automotive, and IoT industries. Key players include LG Electronics, Lenovo, Samsung, Sony, Toshiba, Xiaomi, BYD Electronic, Toyota Motor, Nissan Motor, and Mitsubishi Motors. They find applications in various sectors such as consumer electronics, medical applications, industrial automation, IoT devices, smart home devices, IoT-enabled industrial, IoT-connected vehicles, precision agriculture, environmental monitoring, and more. Miniaturization, energy efficiency, and technical complexity are key trends in the market. However, regulatory compliance, environmental conditions, integration challenges, and security concerns pose significant challenges. They are integral to various applications, including medical devices, industrial processes, and automotive systems, and their precision and energy efficiency make them indispensable in IoT and smart home technologies.

Market Dynamics 

The market is experiencing significant growth in various industries, particularly in the Automotive sector. Autonomous vehicles and Advanced Driver-Assistance Systems (ADAS) are integrating these for improved safety and functionality. Infrared sensors, including Proximity sensors and IR cameras based on Pyroelectric infrared, Thermopiles, and Microbolometers, provide temperature data essential for vehicle obstacle detection, security and surveillance, and night vision. The Delhi government's CCTV camera project is another significant application, utilizing Video surveillance and Thermal or far-infrared imaging for security purposes. European New Cars are increasingly adopting Infrared technology for features like Child Presence Detection and Night vision, using NIR light sources and Thermal vision. In the field of Biomedical engineering, They find applications in IR transparent electrodes, optoelectronic devices, and IR photodetectors. LIDAR technology, a crucial component in autonomous vehicles, also relies on Infrared light for distance measurement. Companies like Sick AG and Ruhr-University Bochum are leading innovators in this field. In summary, the market is a dynamic and expanding sector, with applications ranging from Autonomous vehicles and ADAS systems to Security and surveillance, Biomedical engineering, and more. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The increase in the number of burglaries is a major factor driving the market growth. The frequency of burglaries is on the rise in several countries, including the Netherlands, Denmark, Sweden, Belgium, Brazil, Costa Rica, and Australia, which have high burglary rates per 100,000 population. Additionally, countries like the US, Germany, France, Russia, and Switzerland report high incidents of burglary. Burglaries are often quick, with the average duration being less than 10 minutes. The increasing concern over theft and burglaries has led to a growing demand for smart home technology.

Moreover, with live video feeds, homeowners can monitor their property and respond promptly to intruders. Burglar alarm systems, equipped with photodiodes, help detect intrusions. These are placed on one side of the door frame and emit radiation that is detected by the photodiode on the other side. When an object or person blocks the infrared path, triggering the alarm. Therefore, to prevent and reduce theft and theft, the demand for smart homes is increasing globally, which in turn will drive the market during the market forecast period.

Significant Market Trends

The adoption of night vision technologies in smart doorbells is another factor supporting the market growth. They play a significant role in various industries, including the automotive sector. Autonomous vehicles and Advanced Driver-Assistance Systems (ADAS) rely on these for proximity detection and vehicle obstacle detection. Infrared sensors, such as pyroelectric and those based on microbolomers and thermopiles, provide temperature data essential for these applications. In the security and surveillance domain, they are integral to night vision technologies used in CCTV cameras and video doorbells. For instance, Ring's Video Doorbell Elite utilizes infrared night vision and motion sensors for enhanced security. The Delhi government CCTV camera project is another significant application.

Moreover, LIDAR technology, which combines infrared light and other sensors, is also used in this context for accurate distance measurement. In the biomedical engineering field, they are used for child presence detection, temperature monitoring, and drug detection. Automakers and technology companies like Sick AG, Ruhr-University Bochum, Leonardo DRS, FLIR sensors, and Mitsubishi Electric are leading innovators in the infrared sensor market. Near Infrared (NIR) sensors and NIR light sources are crucial components in thermal or far-infrared imaging systems, which have applications in various industries, including automotive manufacturing, military, and research. Companies like Horizontal Technology, Dewar Cooler, and US Army are known for their expertise in this area. Optoelectronic devices, wireless motor monitoring systems, IR photodetectors, and IR switching devices are other essential components that utilize these for various applications. Hence, such factors are expected to drive the market.

Major Market Challenge

The impact of environmental conditions on infrared sensors will be a major challenge for market growth. They play a crucial role in various industries, including the automotive sector for Autonomous Driving Assistance Systems (ADAS) and proximity sensors. However, their functionality can be affected by environmental conditions such as rain, fog, dust, and sunlight. In the automotive industry, they are used for vehicle obstacle detection, night vision, and child presence detection. In the security and surveillance sector, pyroelectric infrared sensors are employed in CCTV cameras for video surveillance. Infrared sensors, such as microbolometers and thermopiles, provide temperature data for applications like central medical databases and biomedical engineering.

However, infrared sensors, including near-infrared (NIR) and thermal or far-infrared, are used in night vision systems and European New Car Assessment Program (NCAP) testing. Companies like Sick AG, Ruhr-University Bochum, Leonardo DRS, FLIR sensors, and Mitsubishi Electric manufacture infrared sensors using technologies like LIDAR, IR transparent electrodes, optoelectronic devices, and IR photodetectors. Environmental factors and interference can impact the accuracy of infrared sensors, potentially hindering market growth in applications like automotive manufacturing and US Army systems that rely on infrared technology, such as dewar coolers and IR switching devices. Therefore, such factors can decline the market share, thereby hindering market growth analysis. 

Exclusive Customer Landscape

The market forecasting report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market  growth and trends strategies.

Global Market Customer Landscape

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Market Analyst Overview

In today's interconnected world, the convergence of drugs, central medical databases, and food quality and safety analysis is paramount across diverse sectors such as automotive manufacturers and the military and defense sector. These industries rely on robust data processing and analysis to ensure efficiency and compliance with stringent regulations. The central medical database serves as a cornerstone for healthcare, facilitating seamless access to patient records and medication information critical for treatment and research. Meanwhile, food quality and safety analysis employs advanced technologies to monitor and maintain standards throughout production and distribution, safeguarding consumer health. In sectors like automotive manufacturers and military and defense, precise data processing and analysis support decision-making processes, from optimizing supply chains to enhancing operational readiness and safety protocols. This integrated approach underscores the importance of reliable data management and analysis in safeguarding public health and supporting mission-critical operations globally.

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What are the Key Data Covered in this Infrared Sensors Market Research Report?

• CAGR of the market report forecast during the forecast period
• Detailed information on factors that will drive the growth of the market  between 2024 and 2028
• Precise estimation of the size of the market  and its contribution in focus to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa
• Thorough market analysis and report of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of Industry companies

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