Market Overview:
The global HgCdTe infrared detector market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for infrared detectors in military and civil applications, and the growing research activities in the field of infrared detectors. The global HgCdTe infrared detector market is segmented on the basis of type, application, and region. On the basis of type, it is divided into LN2 cooled, TE cooled, and Stirling cooled detectors. The LN2 cooled detectors segment held a major share of the global HgCdTe infrared detector market in 2017 owing to their high performance and low cost as compared to other types of detectors. However, with advancements being made in TE cooling technology, this segment is expected to lose its share gradually during the forecast period. On the basis of application, it is classified into military applications such as target detection & tracking systems; civil applications such as security & surveillance systems; research activities such as spectroscopy & photometry; medical imaging such as PET/CT scanners; food inspection; non-destructive testing (NDT); industrial process control; laser beam steering systems etc.; and others including astronomy & astrophysics etc.
Product Definition:
An infrared detector is a device that detects infrared radiation. The most common type of infrared detector is an electronic device that converts the energy of the radiation into an electric signal.
LN2 Cooled:
LN2 cooled, also known as liquid nitrogen cooling or LNC (liquid nitrogen temperature) is a method of removing heat from an infrared detector. It is most commonly used in the production of large area detectors and small area detectors. The growth factor for this market includes technology advancements such as increasing the efficiency level by reducing the size of critical components along with cost-effective manufacturing techniques utilized to produce these devices.
Thermoelectrically (TE) Cooled:
The global thermoelectrically (TE) cooled and it's usage in HgCdTe infrared detector market size was valued at USD 3.5 million in 2015. The growing demand for detectors on account of their superior performance as compared to other conventional technologies is expected to drive the industry growth over the forecast period.
Application Insights:
The military application segment led the global market and accounted for more than a 38% share of the overall revenue in 2017. The growth is attributed to increasing adoption of hgCdTe products in defense applications such as night-vision goggles, infrared search & track systems, laser designators/markers and other related equipment. Furthermore, growing adoption of thermal imaging devices by armed forces worldwide to enhance situational awareness is expected to drive demand over the forecast period.
The civil application segment was valued at more than USD 1 billion in 2017 and is expected to witness significant growth over the next eight years owing to rising adoption across diverse end-use industries such as energy generation, oil & gas exploration and transportation among others. HgCdTe based infared detectors are used extensively across various industries including power generation for monitoring combustion processes or turbines on account of its superior detection capabilities with low background radiation compared to other technologies such as TLDs or LN2 cooled detectors.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major manufacturers such as Extech Instruments Limited, Honeywell International Inc., and Johnson Matthey. The region is expected to maintain its dominance over the forecast period due to increasing defense spending by countries such as U.S. and Canada which is anticipated to drive demand for LIDAR systems across North America region.
Asia Pacific regional market captured significant revenue share in 2017 owing to growing adoption of HgCdTe based LIDAR technology across various applications including military, automotive safety, medical diagnosis, etc.
Growth Factors:
- Increasing demand for infrared detectors in security and surveillance applications
- Growing demand for infrared detectors in automotive safety systems
- Rising demand for infrared detectors in medical imaging applications
- Increasing use of infrared detectors in night vision systems
- Proliferation of unmanned aerial vehicles (UAVs) and increasing adoption of IR sensors in UAVs
Scope Of The Report
Report Attributes
Report Details
Report Title
HgCdTe Infrared Detector Market Research Report
By Type
LN2 Cooled, Thermoelectrically (TE) Cooled, Stirling Cooled
By Application
Military, Civil, Research
By Companies
DRS, Raytheon, LETI, Sofradir, Selex, AIM, InfraRed Associates, Pro-Lite, Thorlabs, Teledyne Judson Technologies, DRS, Wuhan Guide
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global HgCdTe Infrared Detector Market Report Segments:
The global HgCdTe Infrared Detector market is segmented on the basis of:
Types
LN2 Cooled, Thermoelectrically (TE) Cooled, Stirling Cooled
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military, Civil, Research
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DRS
- Raytheon
- LETI
- Sofradir
- Selex
- AIM
- InfraRed Associates
- Pro-Lite
- Thorlabs
- Teledyne Judson Technologies
- DRS
- Wuhan Guide
Highlights of The HgCdTe Infrared Detector Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LN2 Cooled
- Thermoelectrically (TE) Cooled
- Stirling Cooled
- By Application:
- Military
- Civil
- Research
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the HgCdTe Infrared Detector Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A HgCdTe infrared detector is a device that detects radiation in the infrared range. This type of detector is used to detect objects and heat signatures in an environment.
Some of the key players operating in the hgcdte infrared detector market are DRS, Raytheon, LETI, Sofradir, Selex, AIM, InfraRed Associates, Pro-Lite, Thorlabs, Teledyne Judson Technologies, DRS, Wuhan Guide.
The hgcdte infrared detector market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 HgCdTe Infrared Detector Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 HgCdTe Infrared Detector Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 HgCdTe Infrared Detector Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the HgCdTe Infrared Detector Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global HgCdTe Infrared Detector Market Size & Forecast, 2018-2028
4.5.1 HgCdTe Infrared Detector Market Size and Y-o-Y Growth
4.5.2 HgCdTe Infrared Detector Market Absolute $ Opportunity
Chapter 5 Global HgCdTe Infrared Detector Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 HgCdTe Infrared Detector Market Size Forecast by Type
5.2.1 LN2 Cooled
5.2.2 Thermoelectrically (TE) Cooled
5.2.3 Stirling Cooled
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global HgCdTe Infrared Detector Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 HgCdTe Infrared Detector Market Size Forecast by Applications
6.2.1 Military
6.2.2 Civil
6.2.3 Research
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global HgCdTe Infrared Detector Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 HgCdTe Infrared Detector Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America HgCdTe Infrared Detector Analysis and Forecast
9.1 Introduction
9.2 North America HgCdTe Infrared Detector Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America HgCdTe Infrared Detector Market Size Forecast by Type
9.6.1 LN2 Cooled
9.6.2 Thermoelectrically (TE) Cooled
9.6.3 Stirling Cooled
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America HgCdTe Infrared Detector Market Size Forecast by Applications
9.10.1 Military
9.10.2 Civil
9.10.3 Research
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe HgCdTe Infrared Detector Analysis and Forecast
10.1 Introduction
10.2 Europe HgCdTe Infrared Detector Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe HgCdTe Infrared Detector Market Size Forecast by Type
10.6.1 LN2 Cooled
10.6.2 Thermoelectrically (TE) Cooled
10.6.3 Stirling Cooled
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe HgCdTe Infrared Detector Market Size Forecast by Applications
10.10.1 Military
10.10.2 Civil
10.10.3 Research
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific HgCdTe Infrared Detector Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific HgCdTe Infrared Detector Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific HgCdTe Infrared Detector Market Size Forecast by Type
11.6.1 LN2 Cooled
11.6.2 Thermoelectrically (TE) Cooled
11.6.3 Stirling Cooled
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific HgCdTe Infrared Detector Market Size Forecast by Applications
11.10.1 Military
11.10.2 Civil
11.10.3 Research
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America HgCdTe Infrared Detector Analysis and Forecast
12.1 Introduction
12.2 Latin America HgCdTe Infrared Detector Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America HgCdTe Infrared Detector Market Size Forecast by Type
12.6.1 LN2 Cooled
12.6.2 Thermoelectrically (TE) Cooled
12.6.3 Stirling Cooled
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America HgCdTe Infrared Detector Market Size Forecast by Applications
12.10.1 Military
12.10.2 Civil
12.10.3 Research
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) HgCdTe Infrared Detector Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) HgCdTe Infrared Detector Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) HgCdTe Infrared Detector Market Size Forecast by Type
13.6.1 LN2 Cooled
13.6.2 Thermoelectrically (TE) Cooled
13.6.3 Stirling Cooled
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) HgCdTe Infrared Detector Market Size Forecast by Applications
13.10.1 Military
13.10.2 Civil
13.10.3 Research
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 HgCdTe Infrared Detector Market: Competitive Dashboard
14.2 Global HgCdTe Infrared Detector Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DRS
14.3.2 Raytheon
14.3.3 LETI
14.3.4 Sofradir
14.3.5 Selex
14.3.6 AIM
14.3.7 InfraRed Associates
14.3.8 Pro-Lite
14.3.9 Thorlabs
14.3.10 Teledyne Judson Technologies
14.3.11 DRS
14.3.12 Wuhan Guide
