About Infrared Filters
The growing application of an infrared filter for the purpose of non-contact temperature measurement & gas detection will help to boost the global Infrared Filter market in the forecasted period. IR filters are being designed for the purpose of blocking or reflecting mid-infrared wavelength while passing through the visible light. The growth of the infrared filter market is highly reliant on the rising usage of an infrared filter for the purpose of gas detection and contactless temperature measurement.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 15.8% |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Infrared Filters market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Prazisions Glas & Optik (Germany), Infrared Filter Solutions (United Kingdom), Valley Design (United States), Andover Corporation (United States), Nantong Yinxing Optical (China), Materion (United States), Optrontec (South Korea) and Zhejiang Quartz Crystal Optoelectronic (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Infrared Filters market by Type (IR Long Pass Filter and IR Band Pass Filter), Application (Faucet, Fingerprint Recognition Machine and The Remote Control) and Region.
On the basis of geography, the market of Infrared Filters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement.
Influencing Trend:
Rising Demand due to use in flame detection & anesthetic gas monitoring and Growing Application of Infrared Filter for the Purpose of Non-Contact Temperature Measurement & Gas Detection
Market Growth Drivers:
Significant Increase in the Spending in Motion Sensors and Gas Detection in the U.S. and Canada and High Adoption in Fingerprint Recognition Machine
Challenges:
Light to Pass Through is Not Available all the Time in Case of IR Filter
Restraints:
Lens Design Issues where a Different Refractive Index is Required For the Visible
Opportunities:
High Adoption of Non-Contact Temperature Measurement and Increasing Demand Features of Infrared Filters such as Excellent Surface Quality, High Transmission, and Ultra-Steep Slopes
Market Leaders and their expansionary development strategies
In October 2023, Teledyne FLIR and Magos Systems Forge Technology Partnership to Elevate Perimeter Security. This partnership further solidifies our commitment to equipping security teams with solutions that empower them to protect their facilities and personnel.
In July 2023, SCALINQ, a leading innovator in the field of quantum technology, has recently unveiled its latest product series CliQ is a unique combination of state-of-the-art lowpass and infrared filters fitted into one compact piece of equipment that can be used in any number of applications. It is also the first combined filter introduced directly to our community.
Key Target Audience
Infrared Filters Manufactures, Infrared Filters Suppliers, Infrared Filters Distributors, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.