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Message: IR Detector Market

The global IR detector market is expected to reach $705 million by 2020, and is expected to grow at a CAGR of 11.9% from 2014 to 2020.

The IR detector market from Europe is estimated to be $90 million in 2013, and is expected to reach $180 million by 2020 with a CAGR of 10.8%. The highest growth rate is expected from Pyroelectric, Thermopyles, and Microbolometer technology. These are low priced technologies and found in maximum applications in the consumer electronics segment.

The report covers the ‘cooled’ and ‘uncooled’ IR detectors, covering the short wave infrared, mid wave infrared, and the long wave infrared market. link

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