Infrared Sensors Market to Reach USD 953.75 Million by 2026
The global infrared sensors market was valued at US$ 396.98 Mn in 2016 and is projected to register compound annual growth rate (CAGR) of over 9.11% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled "Infrared Sensors Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026." This is mainly due to increase in the demand for infrared sensors in defense, IoT, and industrial applications across the globe, leading to the...
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