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Middle East & Africa IR Detector Market by Technology (MCT, InGaAs, Pyroelectric, Thermopile, and Microbolometer), By Spectral Range (SWIR, MWIR, LWIR), by Application - Forecast to 2019

Press release   •   Jul 18, 2016 12:38 EDT

The Middle East & Africa (MEA) IR detector market is estimated to achieve revenues of $20.9 million by 2019. The segment in Africa held the largest market share of 60.9% in 2014, whereas the Middle East segment had a market share of 39.

Read full report: https://www.globalmarketreports.com/middle-east-and-africa-ir-detector-market-by-technology-mct-ingaas-pyroelectric-thermopile-and-microbolometer-by-spectral-range-swir-mwir-lwir-by-application-forecast-to-2019-23704

9% in 2014, whereas the Middle East segment had a market share of 39.1% in the same year. The growth of the IR detector market in the MEA region is driven by various factors, including rapidly decreasing costs of IR detectors. It is expected that the cost of IR detectors will drastically reduce during the forecast period of 2014-2019, mainly due to product developments and application of product technologies such as MCT and InGaAs in wider spectral ranges, beyond 8.

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