Future trends of Infrared Emitter & Receiver Market

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MarketsandMarkets Presents
Infrared Emitter Receiver Market worth
1.16 Billion USD by 2020
http//www.marketsandmarkets.com/Market-Reports/in
frared-emitter-receiver-market-232974574.html
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• According to a new market research
  report "Infrared Emitter Receiver Market by
  Spectral Range (Near IR, SWIR, MWIR, LWIR, and
  FAR IR), Vertical (Automotive, Industrial,
  Military Aerospace, Others), Application
  Geography - Global Trend Forecast to 2020", the
  Global Infrared Emitter Receiver market is
  expected to reach USD 1.16 Billion by 2020,
  growing at a CAGR of 10.18 between 2014 and
  2020.
• Browse 90 market data tables and 72 figures
  spread through 159 pages and in-depth TOC
  on Infrared Emitter Receiver Market - Global
  Trend Forecast to 2020
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• Increasing usage of infrared technology in
  security surveillance systems is the leading
  cause of growth in the infrared emitters
  receivers market.
• With the increasing usage of infrared
  technologies such as thermal imaging and night
  vision in the security surveillance industry,
  the requirement for infrared emitters in the
  security surveillance systems is expected to
  grow along with the growth in the overall
  security surveillance market. Infrared emitters
  receivers are used in various applications in
  security surveillance for IR illuminators,
  security cameras, night vision cameras, thermal
  imaging cameras, and so on.
• Gesture recognition touchless sensing are
  high-growth areas for the sensing, monitoring,
  and detection application of infrared emitter
  receiver
• Infrared technologies are used massively for
  sensing, monitoring, detection. Infrared
  sensors are used in industrial applications for
  temperature sensing and process monitoring as
  well as consumer applications such as
  touchscreens, proximity sensors, and so on. Most
  of the consumer applications work with a
  combination of IR emitters and receivers, through
  reflective sensing, as the technology used to
  detect the heat radiated out of a body is
  expensive. One of the major drivers for the
  infrared emitters and receivers is the growth in
  gesture recognition systems, as a significant
  portion of gesture recognition and touchless
  sensing applications are based on infrared
  technology.

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• Emerging markets in Asia-Pacific are likely to
  dominate the infrared emitter receiver market
  owing to the growing spending on security
  surveillance as well as consumer electronics.
• Countries in Asia-Pacific such as Taiwan, China,
  and South Korea constitute the bulk of
  manufacturing infrared emitters receivers and
  are also the major consumers of infrared emitters
  receivers. This is because most manufacturers
  of products which use these components are also
  based in Asia-Pacific. Moreover, given the
  rapidly growing economies of India and China, the
  region is also witnessing the highest growth rate
  in the infrared emitter receiver market. The
  major market players covered in this report
  include Osram Licht AG (Germany), Vishay
  Intertechnology, Inc. (U.S.), Rohm Semiconductors
  (Japan), FLIR Systems (U.S.), Texas Instruments
  (U.S.), Lite-On Technology (U.S.), Royal Philips
  N.V. (Netherlands), Honeywell International
  (U.S.), Cree, Inc. (U.S.), and Murata
  Manufacturing (Japan).
• This report details the segmentation of the
  infrared emitter receiver market on the basis
  of industry vertical, application, and geography
  and covers all the existing and emerging
  technologies in the infrared emitter receiver
  market. The report covers the major industry
  verticals of the infrared emitter receiver
  market such as automotive, industrial, security
  surveillance, military aerospace, healthcare,
  and others, providing qualitative as well as
  quantitative industry insights.

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