Infrared Detector Market by Types, Spectral Range Infrared Detector Market by Types, Spectral Range | Page 2

Introduction to Infrared Detector Market
• Infrared Detector Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $ 466 million by 2022, registering a CAGR of 9.7 % during the period 2016-2022.
• In the year 2014, North America dominated the market and contributed more than 33 % share of the overall market revenue followed by Asia-Pacific.
• The presence of key market players in U. S. and Asia-Pacific, rapid industrialization, primarily in manufacturing sectors, rise in demand for better security and monitoring systems, increased application of infrared detectors in residential & consumer electronics sector and increase in government initiatives in aerospace & defense sector have fueled the infrared detector market growth.
• However, high cost and limited accuracy in harsh conditions could restrict the market growth.
• The photo infrared detectors accounted for about 61 % of the overall infrared detector market in 2014.

Introduction to Infrared Detector Market

• Infrared Detector Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $ 466 million by 2022, registering a CAGR of 9.7 % during the period 2016-2022.

• In the year 2014, North America dominated the market and contributed more than 33 % share of the overall market revenue followed by Asia-Pacific.

• The presence of key market players in U. S. and Asia-Pacific, rapid industrialization, primarily in manufacturing sectors, rise in demand for better security and monitoring systems, increased application of infrared detectors in residential & consumer electronics sector and increase in government initiatives in aerospace & defense sector have fueled the infrared detector market growth.

• However, high cost and limited accuracy in harsh conditions could restrict the market growth.

• The photo infrared detectors accounted for about 61 % of the overall infrared detector market in 2014.