Global Infrared Detector Market Size will Reach $1515 Million in 2023

An infrared detector is an energy converter that converts invisible infrared radiation into other forms of energy that can be easily measured. As a key component of infrared system, infrared detector research is always the center of infrared physics and technology development. In 1800, Herschel discovered the infrared in the solar spectrum, during which the blackened mercury thermometer used was the first infrared detector. Since then, with the development of infrared experiments and theories, new devices have been emerging. 

According to the different technologies used, infrared detectors can be divided into two categories: cooled IR technology detectors and Uncooled IR technology detectors. Based on our research data, the global infrared detector market is expected to reach $1515 million in 2023. Among them, the estimated market size of cooled IR technology detectors is $941 million, accounting for 62.16%; The market size of uncooled infrared technology detectors is expected to reach $573 million, with a market share of 37.84%. 

Infrared detector, with the advantages of low power consumption, high sensitivity, easy integration and multi-array, etc., is widely used in military and civilian fields and its market demand continues to grow. From the perspective of downstream segments, infrared detectors are suitable for various applications in military, automotive, smart home appliances and medical fields. Among them, the military field is the largest downstream application market, with a market share expected to reach 36.97% in 2023;  Followed by the automotive sector, the market share is expected to reach 16.18% in 2023; The market share of smart household appliances and medical fields is estimated to reach 13.14% and 7.92%, respectively. 

Global Infrared Detector Industry Market Share Forecast by Type and Application in 2023

Source: www.globalmarketmonitor.com

North America is the largest revenue market for global infrared detector industry, with a market share expected to reach 37.35% in 2023.  Followed by the European region, the market share is estimated to be 27.26%; China will take the third place with a proportion of 13.72%. In addition, Asia-Pacific regions/countries such as Southeast Asia, Japan, and India also hold a relatively high share of the global market. With the increasing military investment in the Asia-Pacific region and the continuous rise in demand from the consumer electronics industry, the infrared detector market in the Asia-Pacific region is expected to grow at a faster rate during the forecast period. The infrared detector industry in the Asia-Pacific region started late, and it was mainly used in the military field in the early days. Since the 1990s, with continuous progress of industrial technology, the application range of infrared detectors has gradually expanded to civilian fields, and the development speed has accelerated. At present, the research on infrared detectors in the Asia-Pacific region is constantly improving, and the products are constantly updated, gradually forming a relatively complete research and production system for infrared detectors.

From the perspective of market competition, the global infrared detector market has a high concentration. In 2020, the market revenue share of Top3 enterprises was 48.38% in total, while the market share of Top 6 enterprises was 59.84%. The Top3 companies in the global infrared detector market were Lynred, Fir Systems and Raytheon Company, with market revenue shares of 19.54%, 15.73% and 13.11% in 2020, respectively.