The Mid-IR Sensors market has seen significant growth in the past decade owing to its diverse applications in multiple industry verticals such as defense & military, healthcare, automotive, and others. Mid-IR sensors are used for object detection, chemical identification, quality control, monitoring and non-destructive testing. They offer distinct advantages over visible spectrum sensors including ability to penetrate smoke, dust and fog along with detection of chemical signatures.

The global Mid-IR Sensors market is estimated to be valued at US$ 36.44 Bn in 2024 and is expected to exhibit a CAGR of 15% over the forecast period between 2024 to 2031.

Key Takeaways

Key players operating in the Mid-IR sensors market are Nestlé S.A, Nissin Food Holdings Co., Ltd., Indofood CBP Sukses Makmur Tbk PT, Tingyi (Cayman Islands) Holding Corporation, Uni-President Enterprises Corporation, Acecook Vietnam Joint Stock Company.

Key players operating in the Mid-IR Sensors Market Growth are focusing on new product launches and achieving geographical expansion to meet the growing demand. Nestlé S.A leads the market with wide product portfolio for various applications.

The demand for Mid-IR sensors has increased significantly over the past few years owing to burgeoning security and surveillance industry. The ability of these sensors to detect threats at longer ranges even in adverse weather conditions has fuelled their adoption in numerous commercial and industrial facilities.

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