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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

2. 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 The growth of the Middle East & Africa IR Detector Market is driven by the rising demand from the military and commercial application segments.

3. 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.

4. Browse through the TOC of Middle East & Africa IR detector market for an analysis of industry trends, segments & forecasts.

5. 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.

6. 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.
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7. North America IR Detector/Sensor
The North America market for IR detectors/sensor modules was valued at $94.8 million in This market is expected to reach $151.1 million by 2018 at a CAGR of 9.8% from 2013 to 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.

8. 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.
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9. About MicroMarket Monitor
MicroMarketMonitor provides deep dive insight into 5000 granular markets along with the updates. The MMM Reports are uniquely differentiated by its ecosystem analysis (value chain) analysis for each granular market. It provides pictorial methodology along with the market sizing at each market capturing all dependent markets (demand side), macro indicators (demand side), and supplyside company data. The Report Plots all the dependent cascaded market with their growth/slow down indicators, which influences revenues of the targeted market.

10. About MicroMarket Monitor
The report provides you competitive landscape, competitive profile along with the competitive SWOT analysis. The report also provides Customer landscape identifying the top customers for the target market. It plots market landscape of the technologies, ingredients, vendors servicing the target market including the cannibalization of the prevailing technologies/products.

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