Increasing Demand for Thermal Cameras to Detect Fever during COVID-19 Pandemic expanding growth vistas in Infrared Sensors market - TMR

- The escalating demand for infrared sensors across a large number of sectors and industries will prove to be a vital growth-generator for the infrared sensors market across the forecast period of 2018-2026

- The global infrared sensors market is extrapolated to expand at a CAGR of ~9.11 percent between 2018 and 2026

News provided by

Transparency Market Research

Apr 01, 2021, 11:30 ET

ALBANY, N.Y., April 1, 2021 /PRNewswire/ -- Infrared Sensors Market: Current and Subsequent Growth Opportunities
Technological advancements have touched almost all sectors around the globe. The growing influence of sensors in the latest technologies is increasing the growth prospects of the infrared sensors market through the assessment period of 2018-2026. The security issues experienced across various sectors are also proving to be prominent growth generators for the infrared sensors market.

Infrared sensors are electronic components that detect infrared light radiating from objects in their field of view. These detectors can also sense motion and help in measuring the heat emitted by various objects. The benefits attached to the infrared sensors such as lightweight and affordability will invite tremendous growth opportunities across the forecast period of 2018-2026.

The TMR team, after a detailed and scrutinized assessment, projects the infrared sensors market to expand at a CAGR of ~9.11 percent during the forecast period of 2018-2026. The global infrared sensors market registered a US$ 396.98 mn valuation in 2016 and is pegged to reach US$ 953.75 mn by 2026.

The overwhelming utilization of infrared sensors across various industries such as oil and gas, pharmaceuticals, aerospace, consumer electronics, automotive, defense, mining, and others will bring tremendous growth opportunities for the infrared sensors market. In addition, the growing research and development activities across the infrared sensors market will bring good growth opportunities by increasing the revenue prospects.

Download PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=15056

Key Findings of the Report

Consumer Electronics to Contribute Massively to the Growth of the Infrared Sensors Market

The rising disposable income and the growing purchasing power parity of many individuals are helping in increasing the demand for consumer electronics like tablets, smartphones, laptops, and others to a considerable extent. Infrared sensors are used on a large scale across the consumer electronics industry. The heightening sales of consumer electronics are directly proportional to the increasing demand across the infrared sensors market.

Explore 333 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Infrared Sensors Market (Detection - Uncooled Infrared Sensors, Cooled Infrared Sensors; Working Mechanism - Passive Infrared Sensors, Active Infrared Sensors; End use Industry - Consumer Electronics, Aerospace and Defense, Oil and Gas, Automotive, Mining, Pharmaceuticals) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026 at https://www.transparencymarketresearch.com/infrared-sensors-market.html

COVID-19 Outbreak to Accelerate the Demand for Infrared Sensors

The novel coronavirus outbreak has increased the demand for infrared sensors. Barring the strict lockdown period at the advent of the virus outbreak in 2020, the infrared sensors market is expected to observe growth substantially. The escalating use of infrared sensor-powered thermal cameras to detect fever and conduct contact tracing for COVID-19 will prove to be a prominent growth accelerator for the infrared sensors market.

The rising prevalence of coronavirus and the emergence of the second and third COVID-19 wave across various countries will serve as a vital growth contributor for the infrared sensors market. The upgrades and advancements will also bring good growth opportunities for the infrared sensors market.

Analyze global Infrared Sensors Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Rising Influence of Automation across Many Sectors to Boost the Growth Prospects

Automation is making strides across numerous sectors. The automotive sector is no stranger to automation. Some features in premium cars require infrared sensors to function properly. The popularity of premium cars is rapidly increasing, which will add extra stars of growth to the infrared sensors market.

Manufacturing plants and industries are also inclining toward automation for accelerating their production process. Automation requires sensors for smooth functioning which will eventually increase the demand for infrared sensors. These factors will increase the growth prospects of the infrared sensors market to a considerable extent.

Request the Covid19 Impact Analysis at https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=15056

Infrared Sensors Market: Vital Growth Drivers

The increasing popularity of automation across various industries will bring immense growth opportunities
Rising demand for infrared sensors in the oil and gas industry, especially in offshore applications will help in accelerating the growth prospects
Escalating adoption of uncooled infrared sensors will assure promising growth for the infrared sensors market

Explore Transparency Market Research's award-winning coverage of the Global Electronics & Semiconductors Industry:

Variable Area Flowmeters Market – The variable area flowmeters market is expected to surge at a CAGR of 5% during the forecast period. However, there is lack of products that comply with challenging applications of oxidizing and reducing agents.

Sapphire Substrate Market – The promising outcome of high temperature growth techniques from suitable melt is expected to remain one of the most prominent sapphire production techniques during the forecast period. At the back of these factors, along with the increasing demand for silicon on sapphire (SoS) technology, the global sapphire substrate market is on course to surpass the market value of US$ 900 Mn by the end of 2030.

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Website: http://www.transparencymarketresearch.com
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/infrared-sensors-market.htm