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Global Infrared Sensor Market is Expected to Reach $692 Million by
2024, Says Variant Market Research
Global Infrared Sensor Market Report, published by Variant Market Research,
forecast that the global market is expected to reach $692 Million by 2024 from $286
Million in 2016, growing at a CAGR of 11.7% from 2016 to 2024. By geography, Asia
Pacific and Europe are expected to grow at a CAGR of 12.1% and 11.9%, respectively,
during the forecast period. Infrared sensor is an electronic device which is used to
sense characteristics from its surroundings by either transmitting or detecting infrared
radiations. They are used in wide range of applications and new applications are
constantly developing. For instance, in November 2016, Excelitas Technologies Corp.
introduced its CaliPile sensors, that represent a new range of intelligent IR sensors
including highly-sensitive infrared detectors and associated electronic circuitry. Infrared
sensors are used in a number of applications in the field of agriculture, medicine,
science, communications, remote sensing from space and among others. By type,
infrared sensors market is classified into thermal and quantum. Wavelength region,
photo sensitivity, response speed, active area, and among others are the parameters
those have to be checked before selecting an infrared detector for any application.
Browse Complete Report @ https://www.variantmarketresearch.com/report-
categories/semiconductor-electronics/infrared-sensor-market