Market size was valued at US$ 758.2 million in 2024 and is projected to reach US$ 1.28 billion by 2032, at a CAGR of 6.2% during the forecast period 20252032
Report Studies
• The global Mercury Cadmium Telluride Infrared Detector Market size was valued at US$ 758.2 million in 2024 and is projected to reach US$ 1.28 billion by 2032, at a CAGR of 6.2% during the forecast period 2025-2032. The market expansion is driven by increasing demand from defense, industrial, and medical sectors where high-performance infrared detection is critical.
• Mercury Cadmium Telluride (MCT) infrared detectors are semiconductor devices that convert infrared radiation into electrical signals. These detectors operate across a wide spectral range (1-25 μm) and offer superior performance characteristics including high sensitivity, fast response times, and excellent signal-to-noise ratios compared to alternative technologies. The two primary types are cooled MCT detectors (operating at cryogenic temperatures) and uncooled variants, each serving distinct application needs.
By Type:
• The market is segmented based on type into:
• Cooled detectors
• Subtypes: Liquid nitrogen-cooled, Stirling-cooled, and others
• Uncooled detectors
• Hybrid detectors
• Others
By Application:
• The market is segmented based on application into:
• Security and surveillance
• Spectroscopy and biomedical imaging
• Temperature measurement
• Military and defense
• Industrial process control
• Excelitas Technologies Corp. (U.S.)
• Nippon Ceramic Co., Ltd. (Japan)
• Hamamatsu Photonics K.K. (Japan)
• Murata Manufacturing Co., Ltd. (Japan)
• OMRON Corporation (Japan)
• Teledyne Technologies Incorporated (U.S.)
• Leonardo DRS (U.S.)
