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Infrared Emitter & Receiver Market Trends

  • Report ID: GMI9404
  • Published Date: May 2024
  • Report Format: PDF

Infrared Emitter & Receiver Market Trends

Infrared sensors are increasingly employed for environmental monitoring, serving vital roles in gas detection, air quality assessment, and industrial process control. These sensors detect infrared radiation emitted by gases, enabling accurate identification and quantification of pollutants and hazardous substances in the atmosphere. They play a crucial role in ensuring workplace safety, environmental compliance, and the efficient operation of industrial processes by providing real-time data for monitoring and control purposes.
 

Advancements in materials and design have revolutionized infrared emitter and receiver technology, enhancing sensitivity and energy efficiency. These developments result in improved performance while concurrently lowering power consumption. By leveraging innovative materials and optimized designs, infrared components can detect and emit infrared radiation more effectively, enabling applications with increased reliability and longer battery life. This progress drives the market toward more sustainable & efficient infrared solutions across various industries.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Industry size for infrared emitter & receiver recorded USD 2 billion in 2023 and will expand over 10% CAGR between 2024 and 2032 owing to increasing application across diverse industries

The imaging segment in the infrared emitter & receiver industry will witness 11.5% CAGR up to 2032, attributed to the escalating demand across various industries, including security, automotive, and healthcare.

North America industry captured 35% share in 2023, driven by the region's robust infrastructure, substantial investments in defense and security, and a thriving automotive sector.

Prominent players operating in the infrared emitter & receiver industry are Cree, Inc., Flir Systems, Inc., Honeywell International, Inc., Lite-On Technology, Inc., Osram Opto Semiconductors GmbH, Rohm Semiconductor, and Vishay Intertechnology, Inc., among others.

Infrared Emitter & Receiver Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 355
  • Countries covered: 19
  • Pages: 200
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