World’s 1st Real Time Market Intelligence MicroMarket Monitor World’s 1st Real Time Market Intelligence Forecasts Middle East & Africa IR Detector Market is Estimated to Reach $23.9 Million by 2019 http://www.prweb.com/releases/middle-east-and-africa/market/prweb12576701.htm

The Middle East & Africa IR detector market is estimated to grow from $12.9 million in 2014 to $23.9 million by 2019, at a CAGR of 13% from 2014 to 2019. The growth of the Middle East & Africa IR Detector Market is driven by the rising demand from the military and commercial application segments.

Military budgets worldwide continue to be under pressure - especially in the U.S. and Europe, where budget deficits are forcing reductions in military expenditures. However, at the same time, geopolitical pressures in Eastern Europe, Asia, as well as the Middle East & Africa (MEA) regions, are resulting in defense budget increases in some countries.

Browse through the TOC of Middle East & Africa IR detector market for an analysis of industry trends, segments & forecasts. http://www.micromarketmonitor.com/market/middle-east-and-africa-infrared-ir-detector-7508800728.html

Europe IR Detector/Sensor Module The European IR detector/sensor module market contributes 27.36% to the global IR detector/sensor module market. The European market segmentation has been made on the basis of type, technology, and application.

Infrared detectors are transducers of radiant energy that convert the radiation of objects in the infrared range to a measurable form. Large-scale adoption of IR detectors in the latest range of applications such as security, consumer electronics, and smart homes is driving the overall market. http://www.micromarketmonitor.com/market/europe-ir- detector-sensor-module-5763548757.html

North America IR Detector/Sensor The North America market for IR detectors/sensor modules was valued at $94.8 million in 2013. This market is expected to reach $151.1 million by 2018 at a CAGR of 9.8% from 2013 to 2018. The market is mainly dominated by pyro electric, thermopyles, and microbolometers. These three technologies together contributed to nearly 80% of the overall market in 2013.

Large-scale adoption of IR detectors in the latest range of applications such as security, consumer electronics, and smart homes is driving the overall market. The use of IR detectors in temperature measurement and spectroscopy applications is expected to increase in the future. http://www.micromarketmonitor.com/market/north- america-ir-detector-sensor-module-1832267878.html

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