Market Overview:
The global photonic infrared sensors market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for these sensors in military, automotive, smart home, medical and other applications. The short wave infrared segment is expected to account for the largest share of the global photonic infrared sensors market in 2018, followed by the mid wave infrared and long wave infrared segments. North America is expected to account for the largest share of the global photonic infrared sensors market in 2018, followed by Europe and Asia Pacific.
Product Definition:
A photonic infrared sensor is a device that uses light to sense heat. This type of sensor is often used in military and aerospace applications, as it can detect objects at great distances and in difficult weather conditions.
Short Wave Infrared:
Short wave infrared (SWIR) is the part of the infrared spectrum, which is between 10-20 mm wavelength. It has lower energy than long wave infrared (LWIR), but higher than mid-wave infrared. The main application areas of SWIR include security & surveillance, consumer electronics, and medical diagnosis among others.
Mid Wave Infrared:
The mid-wave infrared (MWIR) band is a part of the near-infrared spectrum, which is between 10 and 22 µm. It covers the range where normal visible light cameras cannot operate because it is absorbed by the atmosphere. MWIR sensors are used in many applications such as military & defense, consumer electronics, industrial process monitoring and control system etc.
Application Insights:
The military application segment accounted for the largest share in 2016 and is projected to grow at a CAGR of XX% over the forecast period. The growing use of PIR sensors in various military applications such as missile defense, surveillance, and targeting & fire control is expected to drive growth over the coming years.
The automotive application segment was valued at USD 536.5 million in 2016 owing to its rising adoption across passenger cars, SUVs, and trucks for safety purposes including blind-spot detection systems and lane departure warning systems among others which are becoming increasingly popular across major vehicle manufacturers globally. The medical application segment is also estimated to witness considerable growth during the forecast period on account of increasing R&D investments by major players such as GE Healthcare among others pertaining to advanced photonic infrared technology that can be used for diagnostic imaging applications with greater accuracy than conventional technologies enabling better patient management resulting in higher market value during the forecast period.
Regional Analysis:
North America accounted for the largest market share in 2017 owing to the presence of a large number of global players and increased funding for research & development activities. The region is expected to maintain its dominance over the forecast period due to increasing defense spending by countries, such as U.S., China, and India. Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to growing demand from end-use industries, such as military & aerospace and automotive. Moreover, rising disposable income levels coupled with improving standard of living are anticipated boost regional growth further. Additionally, rapid industrialization in Asian countries like China and India has led them being among top five producers globally; hence it has had a positive impact on overall industry growth across APAC region’s supply chain including component manufacturers/suppliers based in Japan (Osaka), Korea (Seoul), Taiwan (Tainan) along with other Southeast Asian nations).
Growth Factors:
- Increasing demand for security and surveillance systems
- Growing awareness about the benefits of photonic infrared sensors over traditional sensors
- Rising demand for miniaturized and lightweight photonic infrared sensors in portable devices
- Proliferation of advanced technologies such as machine learning, artificial intelligence, and big data analytics that are fueling the growth of smart cities and IoT deployments
- Growing investments in research and development activities to develop innovative photonic infrared sensor technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Photonic Infrared Sensors Market Research Report
By Type
Short Wave Infrared, Mid Wave Infrared, Long Wave Infrared
By Application
Military, Automotive, Smart Home, Medical, Others
By Companies
Sofradir, Excelitas Technologies Corp., Hamamatsu Photonic, Nippon Ceramic, Senba Sensing Technology Co., Ltd., Yantai Raytron Technology Co., Ltd., North GuangWei, Infra TEC GmbH, Panasonic, Omron, Sofradir, Heimann Sensor GmbH
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Photonic Infrared Sensors Market Report Segments:
The global Photonic Infrared Sensors market is segmented on the basis of:
Types
Short Wave Infrared, Mid Wave Infrared, Long Wave Infrared
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, Automotive, Smart Home, Medical, Others
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:
- Sofradir
- Excelitas Technologies Corp.
- Hamamatsu Photonic
- Nippon Ceramic
- Senba Sensing Technology Co., Ltd.
- Yantai Raytron Technology Co., Ltd.
- North GuangWei
- Infra TEC GmbH
- Panasonic
- Omron
- Sofradir
- Heimann Sensor GmbH
Highlights of The Photonic Infrared Sensors 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:
- Short Wave Infrared
- Mid Wave Infrared
- Long Wave Infrared
- By Application:
- Military
- Automotive
- Smart Home
- Medical
- Others
- 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 Photonic Infrared Sensors 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?
Photonic infrared sensors are a type of sensor that uses light to detect objects. They are often used in security systems and other applications where it is important to detect objects quickly and accurately.
Some of the key players operating in the photonic infrared sensors market are Sofradir, Excelitas Technologies Corp., Hamamatsu Photonic, Nippon Ceramic, Senba Sensing Technology Co., Ltd., Yantai Raytron Technology Co., Ltd., North GuangWei, Infra TEC GmbH, Panasonic, Omron, Sofradir, Heimann Sensor GmbH.
The photonic infrared sensors market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Photonic Infrared Sensors 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 Photonic Infrared Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Photonic Infrared Sensors 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 Photonic Infrared Sensors 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 Photonic Infrared Sensors Market Size & Forecast, 2018-2028
4.5.1 Photonic Infrared Sensors Market Size and Y-o-Y Growth
4.5.2 Photonic Infrared Sensors Market Absolute $ Opportunity
Chapter 5 Global Photonic Infrared Sensors 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 Photonic Infrared Sensors Market Size Forecast by Type
5.2.1 Short Wave Infrared
5.2.2 Mid Wave Infrared
5.2.3 Long Wave Infrared
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Photonic Infrared Sensors 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 Photonic Infrared Sensors Market Size Forecast by Applications
6.2.1 Military
6.2.2 Automotive
6.2.3 Smart Home
6.2.4 Medical
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Photonic Infrared Sensors 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 Photonic Infrared Sensors 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 Photonic Infrared Sensors Analysis and Forecast
9.1 Introduction
9.2 North America Photonic Infrared Sensors 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 Photonic Infrared Sensors Market Size Forecast by Type
9.6.1 Short Wave Infrared
9.6.2 Mid Wave Infrared
9.6.3 Long Wave Infrared
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 Photonic Infrared Sensors Market Size Forecast by Applications
9.10.1 Military
9.10.2 Automotive
9.10.3 Smart Home
9.10.4 Medical
9.10.5 Others
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 Photonic Infrared Sensors Analysis and Forecast
10.1 Introduction
10.2 Europe Photonic Infrared Sensors 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 Photonic Infrared Sensors Market Size Forecast by Type
10.6.1 Short Wave Infrared
10.6.2 Mid Wave Infrared
10.6.3 Long Wave Infrared
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 Photonic Infrared Sensors Market Size Forecast by Applications
10.10.1 Military
10.10.2 Automotive
10.10.3 Smart Home
10.10.4 Medical
10.10.5 Others
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 Photonic Infrared Sensors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Photonic Infrared Sensors 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 Photonic Infrared Sensors Market Size Forecast by Type
11.6.1 Short Wave Infrared
11.6.2 Mid Wave Infrared
11.6.3 Long Wave Infrared
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 Photonic Infrared Sensors Market Size Forecast by Applications
11.10.1 Military
11.10.2 Automotive
11.10.3 Smart Home
11.10.4 Medical
11.10.5 Others
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 Photonic Infrared Sensors Analysis and Forecast
12.1 Introduction
12.2 Latin America Photonic Infrared Sensors 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 Photonic Infrared Sensors Market Size Forecast by Type
12.6.1 Short Wave Infrared
12.6.2 Mid Wave Infrared
12.6.3 Long Wave Infrared
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 Photonic Infrared Sensors Market Size Forecast by Applications
12.10.1 Military
12.10.2 Automotive
12.10.3 Smart Home
12.10.4 Medical
12.10.5 Others
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) Photonic Infrared Sensors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Photonic Infrared Sensors 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) Photonic Infrared Sensors Market Size Forecast by Type
13.6.1 Short Wave Infrared
13.6.2 Mid Wave Infrared
13.6.3 Long Wave Infrared
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) Photonic Infrared Sensors Market Size Forecast by Applications
13.10.1 Military
13.10.2 Automotive
13.10.3 Smart Home
13.10.4 Medical
13.10.5 Others
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 Photonic Infrared Sensors Market: Competitive Dashboard
14.2 Global Photonic Infrared Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sofradir
14.3.2 Excelitas Technologies Corp.
14.3.3 Hamamatsu Photonic
14.3.4 Nippon Ceramic
14.3.5 Senba Sensing Technology Co., Ltd.
14.3.6 Yantai Raytron Technology Co., Ltd.
14.3.7 North GuangWei
14.3.8 Infra TEC GmbH
14.3.9 Panasonic
14.3.10 Omron
14.3.11 Sofradir
14.3.12 Heimann Sensor GmbH
