Wednesday 20 May 2015, Amsterdam
South America (Brazil, Argentina, and Rest of South America) is the emerging markets for IR Detector as in terms of consumption. South American IR Detector market is driven by factors such as increasing Avionics market, Technological Advancement in Telecommunication market, Increasing Demand for Consumer Electronics and Rise in sale of automobiles.
It is expected that the cost of IR detectors will drastically reduce during the forecasted period of 2014-2019 mainly due to product developments and application of product technologies like MCT and InGaAs in wider spectral range beyond 8ìm. This rapid reduction is expected to expand the use of IR detectors in many application segments like spectroscopy, bio medical imaging, and automotive applications. Automotive companies and Tier I component suppliers are planning to install these IR detectors in the high and mid-range cars for driver vision enhancement. Therefore, rapidly decreasing cost is acting as a strong driver for this market.
Development of high speed IR detectors has widened the scope of thermal detection. The IR detector market will be driven by small size, low weight, and low power consumption. It is one of the major drivers in IR detector market. A wide range of camera resolutions is available because of mid-size and large-size detector arrays and various pixel sizes. Sophisticated processing algorithms and facility of calibration have optimized the sensitivity of these detectors and cameras, thus expanding the application range. IR detectors are finding applications in consumer electronics goods such smart phones, tablets, smart TVs where form factor is very important. It is expected that the market for these goods will grow at a healthy rate in the coming years. This will drive the IR detector market.
A lot of companies like Excelitas Technologies Corp. (U.S.), Flir Systems Inc. (U.S.), Murata Manufacturing Co. Ltd.(Japan) are embarking on IR Detector business in South American. These Companies are investing in this growing market in order to gain higher profits and increase their shares in the South American IR Detector market.
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