Infrared sensor market projected to reach $1.48 billion by 2032, driven by demand in various industries.

From GlobeNewswire: 2025-03-04 09:15:00

The Infrared Sensor Market is projected to reach $1476.40 million by 2032, growing at a CAGR of 9.26% from 2024. Rising demand for low-power designs in battery-powered devices is fueling market growth across industries, expanding the use of infrared sensors beyond consumer electronics and security to new markets like environmental monitoring and healthcare diagnostics. Key players include Lynred, Hamamatsu Photonics, and Raytheon Technologies.
Infrared Sensor Market Report indicates Near Infrared (NIR) sensors led the market in 2023 with 39.9% share, while Far Infrared (FIR) sensors are experiencing rapid growth. Active Infrared Sensors dominated the market in 2023 with a share of 56.7%, while Passive Infrared Sensors are set to grow rapidly from 2024 to 2032. Motion sensing is the dominant application, while the gas and fire detection segment is expected to grow rapidly.
Aerospace and Defense led the market in 2023 with a 24.3% share, driven by the demand for thermal imaging systems and surveillance. The healthcare sector is poised for rapid growth, highlighting the versatility and expanding applications of infrared sensors in various industries. Heightened demand for sophisticated security systems is being driven by geopolitical tensions and defense modernization initiatives. The healthcare industry is expected to see the fastest growth in the infrared sensor market, with applications in medical diagnostics, patient monitoring, and wearables. North America leads the market, while the Asia Pacific region is anticipated to experience the fastest growth due to industrialization, urbanization, and increasing demand for consumer electronics.



Read more at GlobeNewswire: Infrared Sensor Market to Hit USD 1.48 Billion by 2032