Global Infrared Detector Market Revenue is Expected to Reach $2992 Million by 2029

An infrared detector is an energy converter that converts invisible infrared radiation energy into other easily measurable forms of energy. As the core and key component of the infrared system, research on infrared detectors has always been at the center of the development of infrared physics and technology. Since the discovery of infrared in the solar spectrum by Herschel in 1800, the black mercury thermometer used was the earliest infrared detector. With the development of infrared experiments and theory, new devices have constantly emerged.
Overview of Market Development
According to our research data, the global infrared detector market size is estimated to be $1806 million in 2024. It is expected to continue to maintain a steady growth trend in the coming years, and the market size is expected to increase to $2992 million by 2029.
Analysis of Market Competitive Landscape
From the perspective of market competition, the concentration of the global infrared detector market is moderate. According to our data, in 2023, the total revenue share of the top 3 companies in the market for infrared detectors was 48.29%. The top 3 enterprises were Lynred、Fir Systems and Raytheon Company. In 2023, these three companies accounted for 19.54%, 15.73%, and 13.11% of the global market revenue from infrared detectors, respectively.

Global Infrared Detector Market Revenue Forecast and Competitive Landscape Analysis 

Global Infrared Detector Market Revenue Forecast and Competitive Landscape Analysis

Source: www.globalmarketmonitor.com
Segmented Market Analysis
From the perspective of product types, infrared detectors can be divided into two categories based on their different usage technologies: cooled infrared technology detectors and uncooled infrared technology detectors. Among them, cooled infrared technology detectors occupy a dominant position in the market. According to the data, the estimated revenue of the global cooled infrared technology detector segment market in 2024 is $1029 million, accounting for 62.01% of the market share.
From the perspective of downstream applications, infrared detectors are widely used in military, automotive, smart home appliances, and medical fields due to their advantages of low power consumption, high sensitivity, easy integration, and multiple arrays. Among them, the military sector is the largest downstream application market, with an expected application share of 37.01% in 2024.
From a regional perspective, North America is the world's largest revenue market for infrared detectors, with an expected market share of 37.24% in 2024; Followed by the Asia Pacific region, with a market share of about 30%. In addition, at the national level, Asian countries such as China, Japan, and India also hold important positions in the global infrared detector market.

Global Infrared Detector Segment Market Revenue and Share Forecast in 2024


Market Share

Segmented by Type

Cooled Infrared Technology Detectors

62.01% 

Uncooled Infrared Technology Detectors

37.99%  

Segmented by Application

Military

37.01%

Automotive

16.25%

Smart Home Appliances

13.13%

Medical Industry

7.89%

Others

25.72%

Segmented by Region/Country

North America

37.24%

Europe

27.05%

China

14.10%

Japan

6.06%

India

4.53%

Southeast Asia

4.34%

Others

6.67%

Source: www.globalmarketmonitor.com

For more industry information, please refer to our latest released "2023 Global Infrared Detector Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".

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