Excelitas Technologies (US) and Nippon Ceramic (Japan) are among the major players in the Infrared Detector Market
An infrared detector is an electronic device used to detect infrared radiation by sensing its surrounding environment. The infrared spectrum typically ranges from wavelengths of 0.7 μm to 1 mm. For sensing in this range, infrared detectors are required. Various types of infrared detectors are available in the market, key infrared detectors among those are mercury cadmium telluride (MCT/HgCdTe), indium gallium arsenide (InGaAs), microbolometer, pyroelectric, and thermopile. The infrared detector market is expected to grow from USD 498 million in 2020 to USD 683 million by 2025; it is expected to grow at a CAGR of 6.5%. People and motion sensing, temperature measurement, and security and surveillance are the key applications, which dominate the infrared detector market and also contribute significantly to its growth.
Major players in the infrared detector market have primarily adopted strategies such as product launches and expansions to strengthen their position in the market.
- In June 2019, Excelitas Technologies (US) introduced new photonics solutions at Sensors Expo & Conference 2019 in San Jose, California (US). The PYD 27 92 Dual-Element SMD DigiPyro solution is used for motion and presence detection of targets, while the TPiD 1T 0122 L3.0 solution comprises a miniature thermopile detector with the lens for temperature measurement and monitoring applications.
- In September 2019, FLIR Systems (US) launched a multi-gas detector for unmanned aerial systems. This MUVE C360 detector is expected to help the quick response teams to reduce their action time and enhance the safety of masses in case of chemical, environmental, or industrial disasters.
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Excelitas Technologies (US) and Nippon Ceramic (Japan) are among the major players in the infrared detector market. Excelitas Technologies is a well-known player in the infrared technology industry. Strong brand name and broad product portfolio are key factors contributing to the leading position of Excelitas Technologies in the infrared detector market. Apart from the strong brand name and product portfolio, the company also has strong R&D capabilities and geographic presence. It has been one of the most active companies in the infrared detector market in terms of the adoption of growth strategies. Product launches and acquisitions are the key strategies adopted by the company in recent years to strengthen its position in the infrared detector market.
Nippon Ceramic (Japan) has a strong grip on the uncooled infrared detector market. It offers various pyroelectric and thermopile sensors, which are the most commonly used sensors in the infrared detector market. Nippon Ceramic is also known for its large sales channels and distribution networks. The company operates in different countries through its subsidiaries, which have enabled it to expand its sales channels and increase the business revenue of its parent company.
Related Reports:
Infrared Detector Market by Type (MCT, InGaAs, Pyroelectric, Thermopile, Microbolometer, and Others), Technology (Cooled and Uncooled), Wavelength (NIR & SWIR, MWIR, and LWIR), Application, Vertical, and Geography - Global Forecast to 2025
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