Thermopile Infrared Sensor IC Market size was valued at USD 300 Million in 2024 and is projected to reach USD 600 Million by 2033, exhibiting a CAGR of 8.5% from 2026 to 2033.
The global Thermopile Infrared Sensor IC market was valued at approximately USD 0.75 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of around 8.5% from 2023 to 2030. The growth of the market can be attributed to the rising demand for energy efficient devices, advancements in sensor technology, and increasing applications in automotive, healthcare, and consumer electronics. The market is poised for substantial growth due to the growing need for temperature and motion sensing in various industries. By 2030, the market size is projected to reach approximately USD 1.70 billion, reflecting significant market potential across diverse sectors globally.
Regionally, North America held a significant share of the Thermopile Infrared Sensor IC market in 2022, accounting for nearly 35% of the total market revenue. This is due to the strong presence of key players in the region and the increasing adoption of advanced technologies in consumer electronics and industrial applications. Europe and Asia Pacific are also expected to witness substantial growth, with the Asia Pacific region anticipated to grow at the highest CAGR of over 9% during the forecast period. The growth in Asia Pacific is primarily driven by increasing investments in industrial automation, automotive applications, and the rising demand for energy efficient solutions. Emerging economies like China and India are expected to contribute significantly to market expansion due to their rapid technological advancements and growing adoption of infrared sensor technologies.
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Melexis
Rohm Semiconductor
WISE Control
Suzhou Novosense Microelectronics
Memsensing Microsystems
Hangzhou SDIC Microelectronics
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Thermopile Infrared Sensor IC Market
Consumer Electronics
Industrial Automation
Medical Devices
Automotive
Building Automation
Single-Channel Thermopile Sensors
Multi-Channel Thermopile Sensors
Focal Plane Array (FPA) Thermopile Sensors
Analog Thermopile Sensors
Digital Thermopile Sensors
Smart Thermopile Sensors
Surface Mount Device (SMD)
Through Hole
Chip-on-Board (CoB)
Retail Sector
Healthcare Sector
Manufacturing Sector
Residential Sector
Aerospace and Defense Sector
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Thermopile Infrared Sensor IC Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Thermopile Infrared Sensor IC Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Thermopile Infrared Sensor IC Market, By Type
6. Global Thermopile Infrared Sensor IC Market, By Application
7. Global Thermopile Infrared Sensor IC Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Thermopile Infrared Sensor IC Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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