Global Infrared Sensors Market

Infrared Sensors Market Size, Share, Growth Analysis, By Type(Near Infrared (NIR), Infrared, and Far Infrared (FIR)), By Working Mechanism(Active, and Passive), By Application(Motion Sensing, Temperature Measurement, Security and Surveillance, Gas and Fire Detection), By End Use(Healthcare, Aerospace and Defense, Automotive, Commercial Applications), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45K2109 | Region: Global | Published Date: November, 2024
Pages: 196 | Tables: 118 | Figures: 74

Infrared Sensors Market Regional Insights

Asia Pacific is dominating the global infrared sensors market due to its rapid technological advancements, large-scale manufacturing capabilities, and growing demand across various industries. Countries such as China, Japan, and South Korean, are at the forefront of infrared sensor market owing to their robust automotive electronics, and defense industries. In terms of infrastructure development, extensive building in Automation, Industrial Monitoring, and Smart technologies has led to the high uptake of infrared sensors in the region. Moreover, increased demand due to changing lifestyles with orientation to energy efficiency, security solution and growing consumer electronics industry makes Asia Pacific the leading region in the global infrared sensors market. 

North America is the fastest-growing region in the global infrared sensors market due to its robust technological infrastructure, high demand for advanced security and defense systems, and increasing adoption of automation across various industries. This is attributed to the region’s increased emphasis on innovation, especially in sectors such as healthcare, automotive, and industrial automation where the infrared sensors market is located. Moreover, the rise in government support and funding towards smart cities, the environmental monitoring as well as energy efficiency needs also explains the fast growth rate. The presence of advanced research and development capabilities within North America also boosts the growth rate of the market in this region. 

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Global Infrared Sensors Market size was valued at around USD 624.2 million in 2022 and is expected to rise from USD 710.1 million in 2023 to reach a value of USD 1770.7 million by 2031, at a CAGR of 12.10% over the forecast period (2024–2031).

The competition within the global infrared sensors market is characterized by radical innovation, as the main players are focusing their efforts on advanced sensor technology. The market is experiencing tremendous growth owing to product development, strategic alliance, and geographical expansion by foreign companies such as FLIR Systems, Honeywell International, Raytheon Technologies, and Omron Corporation. These companies are focused on improving existing sensors' performance and costs, as well as seeking to apply the technology in other industries such as automotive, healthcare, and security. This has increased competition and hastened the pace of the global infrared sensors market growth.  'Nippon Avionics Co. Ltd. ', 'InfraTec GmbH ', 'Raytheon Company ', 'Omron Corp. ', 'Wuhan Guide Infrared Co. Ltd. ', 'Honeywell International Inc. ', 'KEMET Corporation ', 'Murata Manufacturing Inc. ', 'General Dynamics Corp. ', 'L3 technologies Inc. ', 'Excelitas Technologies ', 'Amphenol Corporation ', 'Teledyne Technologies ', 'Hamamatsu Photonics K.K. ', 'FLIR Systems ', 'Infrared Integrated Systems Ltd. ', 'Texas Instruments Incorporated'

The surge in utilization of automation in various sectors such as manufacturing, automotive, and healthcare is propelling the growth of global infrared sensors market trends. Majority of modern industries, such as so-called smart factories and systems, incorporate these sensors owing to their importance in process monitoring, temperature variation detection and safety in embedded automated systems. 

Growing Adoption of Infrared Sensors in Automotive Applications: The automotive industry is on a path of advancement, adopting more and more infrared sensors that are aimed at improving safety features like collision avoidance, detecting pedestrians, as well as night vision. Moreover, as the smart transportation system continues to advance, it is anticipated that there will be an ever-increasing need for high-quality infrared sensors that will be used to enhance the safety and efficiency of vehicles. 

Asia Pacific is dominating the global infrared sensors market due to its rapid technological advancements, large-scale manufacturing capabilities, and growing demand across various industries. Countries such as China, Japan, and South Korean, are at the forefront of infrared sensor market owing to their robust automotive electronics, and defense industries. In terms of infrastructure development, extensive building in Automation, Industrial Monitoring, and Smart technologies has led to the high uptake of infrared sensors in the region. Moreover, increased demand due to changing lifestyles with orientation to energy efficiency, security solution and growing consumer electronics industry makes Asia Pacific the leading region in the global infrared sensors market. 

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Global Infrared Sensors Market

Report ID: SQMIG45K2109

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