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Aerospace Composites Market Size, Growth & Forecast | 2023-2028

The global aerospace composites market is expected to grow from US$ 29.40 Bn in 2022 to US$ 57.11 Bn by 2028 at a healthy CAGR of 11.7% during the forecast period of 2023-2028. Composite materials are used in various applications in the aerospace & defense industry. They possess various properties such as lightweight, high strength, weather-resistant finish, and different surface textures. Composite materials also offer a host of other advantages, such as excellent fatigue and corrosion-resistant properties, high strength-to-weight ratio, and the ability to withstand high-impact load.

Infrared Detector Market Trends, Growth & Forecast | 2023-2028

The global infrared detector market is expected to grow from US$ 489.15 Mn in 2022 to US$ 724.52 Mn by 2028 at a healthy CAGR of 6.76% during 2023-2028. An infrared detector is used for the detection of infrared lights. There are two main basic forms of infrared detectors viz. thermal and photonic. It is extensively used in still and video night vision cameras. An infrared detector works on the principle of infrared radiation emitted by the component during which it releases heat to the atmosphere. The technique was first used in 1800 when a prism was used to detect infrared bands.