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Emerging Opportunities in Infrared Emitter And Receiver Market with Current Trends Analysis

Emerging Opportunities in Infrared Emitter And Receiver Market with Current Trends Analysis

Infrared emitter and receiver are the electronic hardware that operate in infrared range of light. Infrared emitter is light emitting diode that emits light in infrared spectrum and infrared receiver is the device that receives light from IR emitter and decode this IR signal. Infrared emitter and infrared transmitter together form a complete infrared sensor used up in so many applications as in consumer electronics, unmanned vehicle to sense obstacle, in military and aerospace for monitoring and measurement systems and others.

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Infrared (IR) Sensor Market Report | Infrared (IR) Sensor Market

Infrared (IR) Sensor Market Report | Infrared (IR) Sensor Market

Global Infrared (IR) Sensor Market is expected to grow significantly from USD 270.7 Million in 2016 to USD 632.1 Million in 2023, at a CAGR of 13.1% from 2017 to 2023. Factors driving the growth of the global IR sensor market include rising demand of consumer electronics such as smartphones, tablets and smart TVs, high concern for safety and security at commercial environments. Moreover, the smaller size, high reliability, lower cost and increasing automation are further augmenting the growth of the IR sensor market. However, government regulations and limited accuracy in certain conditions in the usage of IR Sensor may hinder the growth of the global IR sensor market

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