Global IR Emitter and Receiver Market 2017-2021
About IR Emitter and Receiver
IR emitters and receivers are electronic components that function in the IR range of light. An IR emitter is an LED that emits light in the IR spectrum while an IR receiver is a device that detects and decodes the light emitted from the IR emitter. IR emitters and receivers are used in IR sensors, which find applications in consumer electronics, military and aerospace, and other sectors.
Technavio’s analysts forecast the global IR emitter and receiver market to grow at a CAGR of 10.42% during the period 2017-2021.Covered in this report
The report covers the present scenario and the growth prospects of the global IR emitter and receiver market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of IR emitter and receiver.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global IR Emitter and Receiver Market 2017-2021
Technavio recognizes the following companies as the key players in the global IR emitter and receiver market: FLIR Systems, Murata Manufacturing, Honeywell, and Excelitas Technologies.
Other Prominent Vendors in the market are: DRS Technologies, Hamamatsu Photonics, OSRAM Opto Semiconductors, Sofradir, Texas Instruments, VIGO Systems, and Vishay Intertechnology.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is integration of IR cores in smartphones. Due to the trend of sensor miniaturization and cost reduction, IR sensors are being integrated into smartphones. The miniaturization of sensors by reduction of the sensor die has reduced cost. This cost minimization along with wafer-level packaging techniques, 3D integration, and application-specific integrated circuit (ASIC) will help integrate these IR cores into smartphones.”
According to the report, one of the major drivers for this market is increase in number of connected devices through IoT. The IoT is an emerging trend and is becoming an essential tool in product development. The IoT acts as a bridge between the physical and the virtual world by linking objects, information, and data and provides seamless connectivity. IoT is becoming the new and large market for a number of sectors, especially in the commercial sector. The number of connected devices is expected to reach 30 billion units by 2020.
Further, the report states that one of the major factors hindering the growth of this market is variable influences of environmental conditions on IR sensors. Environmental conditions such as rain, cloud, wind, fog, haze, sunlight, and humidity impact the IR sensors and limit range performance. As the wavelengths of IR attenuate due to such atmospheric conditions, the sensor performance gets reduced. The atmospheric effects can scatter the transmitted IR, or harsh sun glare can result in undesirable and confusing signals being received by the IR sensor.
FLIR Systems, Murata Manufacturing, Honeywell, Excelitas Technologies, DRS Technologies, Hamamatsu Photonics, OSRAM Opto Semiconductors, Sofradir, Texas Instruments, VIGO Systems, Vishay Intertechnology.
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