Pune, India -- (SBWIRE) -- 04/17/2019 -- Our latest research report entitled Infrared Sensor Market (by type (passive and active), detection type (cooled and uncooled), products (laser, led and others) and end-use industry (automotive, oil and gas, healthcare, consumer electronics, aerospace and others)) provides complete and deep insights into the market dynamics and growth of Infrared Sensor. Latest information on market risks, industry chain structure Infrared Sensor cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Infrared Sensor growth factors.

The forecast Infrared Sensor Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Infrared Sensor on a global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to the report the global infrared sensor market is projected to grow at a CAGR of X.X% over the forecast period of 2018-2024.

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High Popularity of Uncooled Infrared Cameras to Promote Growth in the Infrared Sensor Market

High Adoption in security and surveillance application and Increasing adoption of infrared cameras in inspection and quality control application are the major factors driving the growth of the infrared sensor market. In addition, the high popularity of uncooled infrared cameras is anticipated to boost the market during the forecast period. The rising demand for wearable technology is slated to increase the demand for infrared sensors in the consumer electronics segment. However, factors such as humidity, constantly changing temperature and dusty environments can cause problems in the working of infrared sensors as it affects the sensitivity of the detectors of the infrared sensors which in turn, is likely to hamper the growth of the infrared sensor market. Furthermore, low power consumption and increasing demand for infrared sensors in gaming are projected to create immense growth opportunities for the key players in the infrared sensors market.

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Asia Pacific Region to Contribute to Growth in the Global Infrared Sensor Market

The Asia Pacific is projected to be the dominating region followed by Europe in the infrared sensors market. North America has been registering greater demand for infrared sensors and is expected to continue doing so throughout the forecast period. Moreover, the adoption of infrared sensors for unmanned aerial vehicles and drones is likely to drive the market growth in the European region. In addition, the increasing usage of infrared sensors in motion sensing and various other defense applications is estimated to boost the North America market for infrared sensors in the upcoming years.

New Product Launches to Drive the Growth in the Infrared Sensor Market

Axis Communications AB, DARPA's, General Dynamics Corporation, Bosch security systems ltd., Current Corporation, Atmel Corporation, Elmos Semiconductor AG, Cypress Semiconductor, Epson Toyocom Corporation, Honeywell International Inc. and STMicroelectronics N.V., etc.

DARPA's New Smart Sensor is Powered by the Infrared Designed to Detect Approaching Human Bodies or Fuel-Burning Cars

In sept 2017-, the sensor was developed as part of DARPA's Near-Zero Power RF and Sensor Operation (N-ZERO) program and could be used for a wide range of things, including detecting approaching human bodies or fuel-burning cars, identifying wildfires before they become uncontrollable, or pairing with laser sources for new types of remote control and communication applications.

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Reasons to Buy this Report:

- Comprehensive analysis of global as well as regional markets of the Infrared Sensor.

- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.

- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.

- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.