Infrared Sensor Market Outlook 2027 By Detection, Industry Size, Share, Trends, Opportunity and Forecast
According to TechSci Research, Global infrared sensor market is expected to grow at an impressive CAGR during the forecast period, owing to the extensive development of the electronics and semiconductor industry. Factors, such as rising traction of wearable devices and increasing demand for electronic goods, are propelling the growth of the global infrared sensor market during the forecast period. Global infrared sensor market is segmented based on detection, working mechanism, end user industry and region. Based on the end user industry, the global infrared sensor market has been segmented into consumer electronics, aerospace & defense, oil & gas, automotive, mining and pharmaceuticals. The oil & gas segment dominated the market and is poised to grow at a high CAGR due to the rise in demand for IR sensors in offshore applications. Furthermore, the rising popularity of wearable technology is expected to fuel the demand for infrared sensors in the consumer electronics ...