Infrared Sensor Market

Growing need for autonomous vehicles is driving the market growth

Market CAGR for infrared sensors is driven by the rising need for autonomous vehicles equipped with IR sensors for use in night vision systems, among other applications, and rising demand for security devices enabling thermal imaging, particularly in hazy atmospheric conditions to spot targets or terrorist activities. Other Applications for it include petroleum exploration, gas detectors, moisture analyzers, and art restoration.

On the other hand, digital IR sensors are employed in high-speed cameras for 3D mapping and vegetation scanning from space to detect changes in human skill cells and aid in diagnosing skin illness. Additionally, it is projected that significant advancements in nanotechnology for consumer electronics, aided by the incorporation of augmented reality, will open up new markets for the infrared sensor business.

Moreover, the demand for infrared detectors is rapidly increasing across several applications, including gas analysis, non-contact temperature measurement, astronomy, and fire detection. Industries such as energy and manufacturing benefit from the specific temperature measurement achieved without physical contact, quality assurance, ensuring process control, and enhanced safety. In gas analysis, infrared detectors offer real-time and highly accurate identification of gases, and workplace safety measures, promoting environmental compliance. The growing adoption of infrared detectors can be ascribed to their exceptional accuracy, significant safety benefits, and constant technological advancements, resulting in improved performance and cost-effectiveness of applications.

Thus, driving the Infrared Sensor market revenue.

Infrared sensing plays a critical role in various fields, contributing to safety, convenience, and efficiency in many applications. Depending on the specific needs of a project or application, different types of infrared sensors and technologies may be employed to capture and utilize infrared radiation.

The Global Global Infrared Sensor Market Industry is experiencing rapid technological advancements that enhance the performance and capabilities of infrared sensors. Innovations in materials, such as the development of advanced semiconductor materials, are leading to improved sensitivity and resolution. For instance, the integration of micro-electromechanical systems (MEMS) technology is enabling the production of smaller and more efficient sensors. These advancements are expected to drive the market's growth, as industries increasingly adopt infrared sensors for applications in automotive, healthcare, and security. The market is projected to reach 1.4 USD Billion in 2024, with a robust growth trajectory anticipated through 2035.

The healthcare sector is witnessing a notable increase in the adoption of infrared sensors, which are utilized for non-invasive monitoring and diagnostic applications. The Global Global Infrared Sensor Market Industry benefits from the growing need for temperature measurement and monitoring in clinical settings, particularly in the context of patient care and disease management. Infrared thermometers and imaging systems are becoming essential tools in hospitals and clinics. This trend is likely to contribute to the market's expansion, as healthcare providers increasingly recognize the advantages of infrared technology. The anticipated CAGR of 13.27% from 2025 to 2035 underscores the potential growth within this sector.

The automotive sector is a significant driver for the Global Global Infrared Sensor Market Industry, as the demand for advanced driver-assistance systems (ADAS) continues to rise. Infrared sensors play a crucial role in enhancing vehicle safety and efficiency by enabling features such as night vision and pedestrian detection. With the automotive industry increasingly focusing on safety regulations and consumer preferences for high-tech features, the adoption of infrared sensors is likely to surge. This trend is reflected in the market's projected growth, with an expected value of 5.51 USD Billion by 2035, indicating a strong correlation between automotive innovations and infrared sensor demand.

The demand for enhanced security and surveillance solutions is driving growth in the Global Global Infrared Sensor Market Industry. Infrared sensors are integral to modern security systems, providing capabilities such as motion detection and thermal imaging. As urbanization and security concerns rise globally, the need for effective surveillance solutions becomes paramount. Governments and private sectors are investing in advanced security technologies, which include infrared sensors. This trend is expected to bolster market growth, as organizations seek to leverage these technologies for improved safety and crime prevention. The market's trajectory suggests a sustained increase in investment in security infrastructure.

The Global Global Infrared Sensor Market Industry is also influenced by the growing emphasis on environmental monitoring and energy efficiency. Infrared sensors are increasingly employed in applications such as gas detection, temperature monitoring, and energy management systems. Industries are adopting these sensors to comply with environmental regulations and improve operational efficiency. For example, infrared sensors can detect gas leaks in industrial settings, thereby enhancing safety and reducing environmental impact. This trend aligns with global sustainability goals and is likely to drive market growth as organizations prioritize eco-friendly practices and technologies.

By region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia-pacific Infrared Sensor market will dominate this market, owing to increased demand for IR sensors in motion sensing applications such as automatic ticket gates, intruder alarms, entryway lighting, automated sinks/ toilet flusher, and security lighting. In addition, the IR sensors widely used in electronic home appliances, toys, and medical devices will boost market growth in this region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: GLOBAL INFRARED SENSOR MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe's Infrared Sensor market accounts for the second-largest market share owing to the rising need for automation equipment. Further, the German Infrared Sensor market held the largest market share, and the UK Infrared Sensor market was the fastest-growing market in the European region.

The North America Infrared Sensor Market is expected to grow at the fastest CAGR from 2023 to 2032 due to growing demand for infrared sensors in medical imaging, security and surveillance systems, and consumer electronic appliances. Moreover, China’s Infrared Sensor market held the largest market share, and the Indian Infrared Sensor market was the fastest-growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development to expand their product lines, which will help the Infrared Sensor market, grow even more. Market participants are also undertaking several strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The Infrared Sensor industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global Infrared Sensors industry to benefit clients and increase the market sector. In recent years, the Infrared Sensor industry has offered some of the most significant advantages to the military & aerospace.

Major players in the Infrared Sensor market, including Murata Manufacturing (Japan), Honeywell International Inc. (US), Sofradir (France), Teledyne Technologies (US), Raytheon Company (US), Texas Instruments Incorporated (US), Hamamatsu Photonics KK (Japan), Omron Corporation (Japan), Excelitas Technologies Corp. (US), and others, are attempting to increase market demand by investing in research and development operations.

Hamamatsu Photonics K.K. started as a small firm established in 1953 as a modest business while pursuing his studies under the tutelage of DR. Kenjiro Takayanagi, now revered as the “father of Japanese television.” Since that time company has carried on DR. Takayanagi’s “photoelectric technology” for turning light into electrical signals and “the spirit of pursuing unknown and unexplored realms,” which helped him achieve the world’s first display of the Japanese character on a cathode-ray tube.

For instance: in February 2023, Hamamatsu Photonics launched a new InAsSb photovoltaic detector (P16702-011MN), which comes with a preamplifier offering high sensitivity to mid-infrared light, up to 11 micrometers in wavelength. These features make the detector a perfect alternative for portable gas analyzers.

Excelitas Technologies is a technology leader in providing high-performance, market-driven photonic innovations to meet the global illumination, optronic, sensing, optical, detection and imaging requirements of consumers. The company provides various applications in the automotive, consumer goods, defense and aerospace, industrial, medical, safety and security, and sciences sectors. For Instance: Excelitas Technologies Corporation announced the C30733BQC-01 InGaAs Avalanche Photodiode. The product provides an exceptional blend of high speed, high gain, and low noise for high-end and fiber-based telecom test and analysis equipment applications.

The product is idyllic for high-end telecommunication test equipment applications, optical communication, distributed fiber sensing systems, and eye-safe LiDAR and laser range-finding devices.