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 .