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Infrared Sensors Report 2017 - Global Market Outlook 2016-2023 - Market is expected to grow from $ 11.58 billion in 2016 to reach $ 20.82 billion by 2023 - Research and MarketsThe "Infrared Sensors - Global Market Outlook (2017-2023)" report has been added to Research and Markets' offering. The Global Infrared Sensors market is expected to grow from $ 11.58 billion in 2016 to reach $ 20.82 billion by 2023 with a CAGR of 8.7% Factors favouring the market are growing demand for home automation products, rising need for wireless communication. However, huge costs of thermopile sensors, microbolometers, strict government regulations are some of the major restraints. Depending on spectrum range, medium wavelength infrared (MWIR) and long wavelength infrared (LWIR) detectors is dominating the market with the highest market share as they are widely applicable in military and civil applications. Rising demand for infrared sensors in defence applications and motion sensing has acquired largest market share for North America followed by Europe. Some of the key players in global infrared sensors market include Wuhan guide infrared co., ltd, Qioptiq ld, Pelco, Nippon Avionics Co. Ltd, L-3 communications holdings, Inc, Infrared integrated systems ltd (irisys), General dynamics corporation, Fluke corporation, FLIR systems, Inc, E.D. Bullard company, DRS Technologies, Inc, Dali Technology, Current corporation, Bosch security systems and Axis (News - Alert) communications AB. Types Covered:
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For more information about this report visit https://www.researchandmarkets.com/research/qxfnk8/infrared_sensors View source version on businesswire.com: http://www.businesswire.com/news/home/20171201005546/en/ |
