Global Infrared Radiation (IR) Emitter and Receiver Market 2018-2022
About Infrared Radiation (IR) Emitter and Receiver
IRs are emitted by all objects that are above the absolute zero temperature. However, the temperature of an object is related to the amount of energy held by it as per kelvin (K). An IR ray can travel through air, vacuum, and optical fiber. The medium and its properties affect the quality of the IR transmitted. For instance, the presence of water vapor or impurities in the optical fiber can attenuate the IR wavelengths, which can lead to the loss of data and the wrong interpretation of the IR signal. Therefore, the choice of the IR band depends on the particular requirement of the applications.
Technavio’s analysts forecast the global infrared radiation (IR) emitter and receiver market to grow at a CAGR of 7.23% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global infrared radiation (IR) emitter and receiver market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Infrared Radiation (IR) Emitter and Receiver Market 2018-2022
Technavio recognizes the following companies as the key players in the global infrared radiation (IR) emitter and receiver market: Excelitas Technologies, FLIR Systems, Honeywell International, and Murata Manufacturing.
Other Prominent Vendors in the market are: Hamamatsu Photonics, Leonardo DRS, OSRAM Opto Semiconductors, Sofradir, Texas Instruments, and Vishay Intertechnology.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is integration of IR cores into smartphones. Owing to the trend of cost reduction and sensor miniaturization, IR sensors are getting integrated into smartphones. The miniaturization of sensors by the reduction of the sensor die has reduced the sensor cost. This cost minimization, wafer-level packaging techniques, 3D integration, and the application-specific integrated circuit (ASIC) embedded technologies will help in integrating these IR cores into smartphones.”
According to the report, one driver in the market is growth of the consumer electronics market. The consumer electronics market is growing rapidly. It was estimated that the market value of consumer electronics was more than $ 1.2 trillion in 2016. It is expected to increase at a CAGR of more than 5% during 2017-2021. The major reason for this is the rise in the disposable incomes and the rapid technological advances. IR emitters and receivers are two major components of consumer electronic devices. They are used in consumer electronic devices such as TVs, home theaters, air conditioners, smartphones, and gaming consoles.
Excelitas Technologies, FLIR Systems, Honeywell International, Murata Manufacturing, Hamamatsu Photonics, Leonardo DRS, OSRAM Opto Semiconductors, Sofradir, Texas Instruments, and Vishay Intertechnology.
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