The article cited AMA's Global Infrared Receivers Market Study explored substantial growth with CAGR of 5.6%. According the report, Increasing the use of IR in Security Cameras
is one of the primary growth factors for the market. Growing Automotive, Defence and Medical Industries
is also expected to contribute significantly to the Infrared Receivers market. Overall, Digital Versatile Disc (DCD)
applications of Infrared Receivers, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Samsung Electro-Mechanics (South Korea), Panasonic (Japan), LG Innotek (South Korea), Optek (United States), Infineon (Germany), Microsemi (United States), POHM (Japan) and Hirose Electric Group (Japan) may see astonishing sales in this Market and certainly improve revenue growth.
The End Use Industry, such as Automotive Industry, is boosting the Infrared Receivers market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Distribution Channels, such as Online, is boosting the Infrared Receivers market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Infrared Receivers market identified that the demand is rising in many different parts of the world as "Continuous Use of Infrared Receivers in Research and Development Activities
". Furthermore, some recent industry insights like "In February 2023, Sony Electronics Inc. announced its newest addition to the brand's AV receiver line. These receivers are the first from Sony to feature 8K1 and 4K/120 support as well as Sony's 360 Spatial Sound Mapping technology2. These receivers were tuned by Sony engineers to provide the most immersive home theater experience yet. The new ES line features four new models built mainly for custom installation. Additionally, the STR-AN1000 receiver is created for consumers looking to upgrade their current home theater system." is constantly making the industry dynamic. One of the challenges that industry facing is "Risk of Damage in IR Emitters due to Various Environmental Conditions and Various Regulatory Norms can be the Hindrance for the Market"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Infrared Receivers market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Infrared Receivers market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Infrared Receivers market tight? Which application/end-user category or Product Type [Active Infrared Receiver and Passive Infrared Reciever] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Infrared Receivers market and other related sub-markets covered in the study.
o Key & emerging players in the Infrared Receivers market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Infrared Receivers market size is calculated using market estimation process, the Infrared Receivers market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Infrared Receivers market size has been validated using both top-down and bottom-up approaches.