|By PR Newswire||
|February 26, 2014 11:07 AM EST||
DUBLIN, Feb. 26, 2014
/PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/ctqmnb/infrared) has announced the addition of the "Executive Summary of Infrared Detectors Technology & Market Trends Report" report to their offering.
In addition to mature applications, the IR detector market is expected to be driven by emerging applications like smart building automation or mobile devices temperature sensing
Next growth opportunities spotted outside traditional markets: smart building automation and mobile phone business
Total infrared detector market generated revenue of more than $153M in 2012, mostly due to the mature motion detection market which relies on high-volume sales of automatic lighting and intrusion detection systems.
However in a scenario that includes spot thermometer function in mobile devices, it is expected that these revenues will top at $381M in 2018, growing at a 16% CAGR, fueled by:
Small detector applications, especially in consumer mobile applications. That growth in mobile applications is expected to be driven, in the short term, by adoption of monopixel sensors for internal temperature measurement and spot thermometry in smartphones and tablets. Technological innovation will be the key to compete successfully with other technologies in that market. Wafer-level-packaging will be necessary to successfully address these markets driven by price and looking for ever smaller form factor sensors. A specific scenario for adoption of IR sensors in mobile devices raises the market revenues in 2018 by $30M.
Array detectors which range from medium size (4x4 to 16x16 pixels) to large size (32x32 and above) are expected to grow at a -30% CAGR in the 2013/2018 period. Medium size arrays have started to be successfully sold in HVAC for buildings and automotive, people counting for retail, home appliances and will continue to expand due to affordable pricing. Large size arrays are expected to target the key market for smart building automation that will use a wide variety of detector functions and could support higher pricing. However, overall, these positive market dynamics will be fueled by detector price erosion.
This report includes market insights in units & revenue by market segment and also by detector resolution. IR detector market forecasts are realized for 2013 - 2018. The report includes an overview of small IR arrays for imaging purposes, but the complete analysis of infrared imaging applications is covered in another report: Uncooled Infrared Imaging.
For more information visit http://www.researchandmarkets.com/research/ctqmnb/infrared
Media Contact: Laura Wood , +353-1-481-1716, [email protected]