"The Rising Demand for Infrared Sensor Market: Market Size, Share & Trends Analysis Report by Technology and Application"

 




Industry Analysis

Infrared sensor market is anticipated to achieve a value of approximately USD 986.69 million, and is expected to expand at a CAGR of 9.80% from 2021 to 2028. This growth can be attributed to the increasing usage of infrared detectors in motion and people sensing solutions, which is a significant driving force for the infrared sensor market.


Market Insights and Scope

The infrared sensor market is experiencing significant growth due to various factors, including the increased usage of infrared detectors in gas analysis, fire detection, and non-contact temperature measurement applications. There is also a growing need for automation equipment for building automation, the increasing adoption of 5G technology, and rising investments in research and development for integrating infrared cameras in automobiles. The security market is also seeing increased investment, along with a growing trend of video surveillance and increasing investments in autonomous cars. Additionally, the rising demand for infrared detectors in emerging countries and the expanding application areas of infrared spectroscopy technique will present new opportunities for the infrared sensor market in the forecast period.



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