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Published bySakshi Bhargava Modified over 5 years ago
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Global Infrared Detector Market 2016 to 2021: Trends, Forecast, and Opportunity Analysis 1
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Industry Profiles Snapshot Major ParameterDescription Market Segments by End Use Industry People and motion sensing, temperature measurement, industrial, spectroscopy and biomedical imaging, HVAC, smart home, and others Market Segments by Type Pyroelectric, thermopile, microbolometer, InGaAs, MCT, and others Market Segments by Wavelength Short-wave, medium-wave, and long-wave Market Segments by region North America, Europe, Asia Pacific, and the Rest of the World Top Companies Name Polytec, Polynt, IDI Composites International, Menzolit, Continental Structural Plastics, Plastic Omnium, and Core Molding Technologies Trend Growth Rate and CAGR8.7% Key Industry Forecast The global infrared detector market is expected to reach an estimated $422.6 million by 2021 and is forecast to grow at a CAGR of 8.7% from 2016 to 2021. Key Industry Driver Driver: Increased demand for smartphones and tablets, rising concern about safety and security, and increasing automation in the building and industrial sector. 2
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Industry Overview Market Size The global infrared detector market is expected to reach an estimated $422.6 million by 2021 and is forecast to grow at a CAGR of 8.7% from 2016 to 2021. Emerging trends, which have a direct impact on the dynamics of the infrared detector industry, include increasing use of infrared detectors in smart homes and increasing use of infrared detectors for night vision and surveillance. Market Size (2021)$422.6 million CAGR (2016-21)8.7% 3 Industry Performance : Forecast
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