Major Key Trends in the Infrared Detector Market
The Infrared detector market is expected to grow from USD 498 million in 2020 and reach USD 683 million by 2025; it is expected to grow at a CAGR of 6.5% during the forecast period. The high demand for infrared detectors in the nonindustrial vertical, especially, for people and motion sensing, temperature measurement, and security and surveillance applications is are key factors driving the infrared detectors market. The increasing penetration of infrared technology for gas analysis and fire detection, and...
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