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
★
★
★
★
★
41 views • 3 slides
