Mid-IR Sensors: Market Strategies and Forecasts, Worldwide, 2019-2025

The worldwide mid-IR sensor market at $9.7 billion in 2018 is projected to reach $109.9 billion by 2025. Units sales at 611 million sensors in 2018 are anticipated to reach 10.7 billion sensors worldwide by 2025. Mid-IR sensors impact every industry, driving significant change. For example, Publisher forecasts the availability of 400 electric vehicle models by 2025.