Thermopile Microbolometer Infrared Detector Market Report

Market Insights

The thermopile microbolometer infrared detector market is projected to grow from USD XX million in 2020 to USD XX million by 2026 at a CAGR of around XX% during the forecast period.

Figure: Thermopile Microbolometer Infrared Detector Market Size, 2020-2026 (USD Million)

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What is thermopile microbolometer infrared detector?

Thermopile microbolometer infrared detectors are extensively used in automotive safety, military, and other camera applications. They utilize the Seebeck effect in which the thermal electromotive force is generated in proportion to the infrared light. They are extensively used across temperature measurement, gas analysis, and body sensing systems.

Key Players

Key players operating in the thermopile microbolometer infrared detector market are-

• Excelitas Technologies
• Nippon Ceramic
• Hamamatsu Photonic
• Murata Manufacturing
• Flir Systems
• Texas Instruments
• Sofradir
• Infra TEC GmbH
• DRS
• Zhejiang Dali

Market Dynamics

The growth of the thermopile microbolometer infrared detector market is primarily driven by the increasing demand from the applications in the automotive sector which is coupled with the individual safety in the transportation department. Thus, an increase in demand from the military and commercial sectors is expected to boost the market in the forecast period. Increasing demand from cameras and semiconductors is likely to drive the growth of the thermopile microbolometer infrared detector at a significant rate during the review period.

Segment's Analysis

Application Trends

By Application, the thermopile microbolometer infrared detector market has been military and defense, automotive, medicine, and others. Under these, the automotive segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period due to increasing demand for safety.

Regional Trends

By region, the market in the Asia Pacific accounted for the largest market share of around 35% in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth can be attributed to growing usage in the defense and automotive sectors.

COVID-19 Impact on Thermopile Microbolometer Infrared Detector Market

Covid-19 outbreak impacted the growth of the thermopile microbolometer infrared detector market negatively. The spread of coronavirus led to the enforcement of lockdown to curb the spread of the virus. This led to travel restrictions and supply chain disruptions, which in turn affected the product availability on time. Additionally, the sluggish growth of the automotive industry affected the product demand further.

Critical Questions Answered in the Report

• What are the key trends in the Thermopile Microbolometer Infrared Detector market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the Thermopile Microbolometer Infrared Detector market?
• What are the key strategies adopted by the major vendors to lead in the Thermopile Microbolometer Infrared Detector market?
• What is the market share of the top vendors?

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Target Audience

Here is the list of the group of customers that the thermopile microbolometer infrared detector market hopes to have the greatest opportunity to convert-

• Thermopile Microbolometer Infrared Detector distributors
• Thermopile Microbolometer Infrared Detector suppliers
• Thermopile Microbolometer Infrared Detector manufacturers
• Logistics organizations
• Government bodies

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