Infrared detectors are transducers of radiant energy that convert radiation of objects in the infrared range to a measurable form. Large-scale adoption of IR detectors in the latest range of applications such as security, consumer electronics, and smart homes is driving the overall market. The use of IR detectors in temperature measurement and spectroscopy applications is expected to increase in the future.
InGaAs, or Indium Gallium Arsenide, is an alloy of Gallium Arsenide and Indium Arsenide. In a more general sense, it belongs to the InGaAs quaternary system that consists of alloys of Indium Arsenide (InAs), Gallium Arsenide (GaAs), Indium Phosphide (InP), and Gallium Phosphide (GaP). As gallium and indium belong to group III of the periodic table, and arsenic and phosphorous belong to group V, these binary materials and their alloys are all III-V compound semiconductors.
The report on the global InGaAs IR detector market provides overview of the global market in the present scenario, and discusses the history and evolution of these detectors. It covers the detector market by technology, spectral range, application, and geography. Each classification comprises extensive segmentation, with market estimates and forecasts for each sub-market.
It also covers the drivers, restraints, and opportunities for the market. The major driving factor of the market is the drastically reducing prices the detectors, which are finding new applications across different segments. The research study identifies the burning issues and market winning imperatives that are currently affecting the market.
The global IR detector market from InGaAs technology was valued at $42.2 million in 2013 and is expected to reach $65.6 million by 2018 at a CAGR of 9.2% from 2013 to 2018. The market will be majorly driven by fire and gas detection and spectroscopy applications, which together constitute 70% of the overall market. Military-based applications covered under ‘others’ will also generate demand during the projected period.
Europe and Asia-Pacific (APAC) are major contributors to the global IR detector market from InGaAs, contributing cumulatively to nearly 65% to the overall market in 2013, due to the presence of some key manufacturers like Murata (Japan), Hamamatsu Photonics (Japan), and ULIS (France) in these regions. APAC is expected to have the highest growth rate due to expected growth in applications like fire and gas detection, spectroscopy, and temperature measurement.
This report provides information on segment and country-specific company shares, news and deals, mergers & acquisitions, segment-specific pipeline products, product approvals, and product recalls of the major companies in the global InGaAs IR detector market.
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Material Data
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