Lucintel Forecasts the Global IR-emitter Market to Reach $1.3 billion by 2030
Lucintel Forecasts the Global IR-emitter Market to Reach $1.3 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global IR-emitter market looks promising with opportunities in the security and sensing, monitoring and detection, data transmission, thermal heating, and image recognition markets. The global IR-emitter market is expected to reach an estimated $1.3 billion by 2030 from $1.0 billion in 2023, at a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are increasing usage of IR emitters and modules in industrial applications and rise in adoption of surveillance cameras.
A more than 150-page report to understand trends, opportunity and forecast in IR-emitter market to 2030 by type (flashing infrared emitter and non-flashing infrared emitter), spectral range (near IR, short wavelength infrared, medium wavelength infrared, long wavelength infrared, and far IR), application (security and sensing, monitoring and detection, data transmission, thermal heating, image recognition, and others), end use (consumer electronics, aerospace & defense, automotive, it & telecommunication, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that non-flashing infrared emitter is expected to witness higher growth over the forecast period due to its reliability and accuracy.
Within this market, security and sensing will remain the largest segment due to growing adoption of these emitters in security systems to detect intruders and trigger alarms.
Download sample by clicking on IR-emitter market
APAC is expected to witness highest growth over the forecast period due to rapidly growing electronics industry in the region.
Murata Manufacturing, Nippon Avionics, ROHM Semiconductor, OSRAM Opto Semiconductors, Vishay Intertechnology, Hamamatsu Photonics, Honeywell International are the major suppliers in the IR-emitter market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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