Selected research
Market Analysis & Forecast
Global Quantum Infrared Sensors Market Analysis and Forecast 2026-2032
Market perspective
The global Quantum Infrared Sensors market is projected to grow from US$ million in 2026 to US$ million by 2032, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
Quantum Infrared Sensors's global sales reached XX (k units) with a value of US$ XX Million, marking an change of XX% compared to the previous year. This performance has positioned Monron Corporation as the global sales leader, a title it has maintained for several consecutive years. Notably, Monron Corporation's performance in primary markets is also remarkable. In the Chinese market, sales were XX (k units), a change of XX% from the previous year. In Europe, sales were XX (k units), showing a year-on-year of XX%. In the US, sales were XX (k units), a year-on-year change of XX%.
The major global manufacturers in the Quantum Infrared Sensors market include Monron Corporation, Sofradir, Honeywell International, Hamamatsu Photonics, Nippon Avionics, Excelitas Technologies, Murata Manufacturing, Raytheon Company and Nippon Ceramic, etc. In 2025, the top three vendors accounted for approximately % of the revenue.
Read the full market overview
In terms of production side, this report researches the Quantum Infrared Sensors production, growth rate, market share by manufacturers and by region (region level and country level), from 2021 to 2026, and forecast to 2032.
In terms of consumption side, this report focuses on the sales of Quantum Infrared Sensors by region (region level and country level), by Company, by Type and by Application. from 2021 to 2026 and forecast to 2032.
This report presents an overview of global market for Quantum Infrared Sensors, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.
This report researches the key producers of Quantum Infrared Sensors, also provides the consumption of main regions and countries. Of the upcoming market potential for Quantum Infrared Sensors, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Quantum Infrared Sensors sales, revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Quantum Infrared Sensors market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2021 to 2032. Evaluation and forecast the market size for Quantum Infrared Sensors sales, projected growth trends, production technology, application and end-user industry.
Quantum Infrared Sensors Segment by Company
Monron Corporation
Sofradir
Honeywell International
Hamamatsu Photonics
Nippon Avionics
Excelitas Technologies
Murata Manufacturing
Raytheon Company
Nippon Ceramic
Texas Instruments
Quantum Infrared Sensors Segment by Type
Photon Detection Quantum Infrared Sensors
Thermal Detection Quantum Infrared Sensors
Quantum Infrared Sensors Segment by Application
Consumer Electronics
Chemicals
Aerospace & Defense
Oil & Gas
Other
Quantum Infrared Sensors Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Quantum Infrared Sensors market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Quantum Infrared Sensors and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Quantum Infrared Sensors.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Quantum Infrared Sensors production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Quantum Infrared Sensors in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of Quantum Infrared Sensors manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Quantum Infrared Sensors sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: South America, Middle East and Africa by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Photon Detection Quantum Infrared Sensors
- Thermal Detection Quantum Infrared Sensors
Applications
- Consumer Electronics
- Chemicals
- Aerospace & Defense
- Oil & Gas
- Other
Companies covered
- Monron Corporation
- Sofradir
- Honeywell International
- Hamamatsu Photonics
- Nippon Avionics
- Excelitas Technologies
- Murata Manufacturing
- Raytheon Company
- Nippon Ceramic
- Texas Instruments
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Quantum Infrared Sensors Market by Type
- 1.2.1 Global Quantum Infrared Sensors Market Size by Type, 2021 VS 2025 VS 2032
- 1.2.2 Photon Detection Quantum Infrared Sensors
- 1.2.3 Thermal Detection Quantum Infrared Sensors
- 1.3 Quantum Infrared Sensors Market by Application
- 1.3.1 Global Quantum Infrared Sensors Market Size by Application, 2021 VS 2025 VS 2032
- 1.3.2 Consumer Electronics
- 1.3.3 Chemicals
- 1.3.4 Aerospace & Defense
- 1.3.5 Oil & Gas
- 1.3.6 Other
- 1.4 Assumptions and Limitations
- 1.5 Study Goals and Objectives
2 Quantum Infrared Sensors Market Dynamics
- 2.1 Quantum Infrared Sensors Industry Trends
- 2.2 Quantum Infrared Sensors Industry Drivers
- 2.3 Quantum Infrared Sensors Industry Opportunities and Challenges
- 2.4 Quantum Infrared Sensors Industry Restraints
3 Global Quantum Infrared Sensors Production Overview
- 3.1 Global Quantum Infrared Sensors Production Capacity (2021-2032)
- 3.2 Global Quantum Infrared Sensors Production by Region: 2021 VS 2025 VS 2032
- 3.3 Global Quantum Infrared Sensors Production by Region
- 3.3.1 Global Quantum Infrared Sensors Production by Region (2021-2026)
- 3.3.2 Global Quantum Infrared Sensors Production by Region (2027-2032)
- 3.3.3 Global Quantum Infrared Sensors Production Market Share by Region (2021-2032)
- 3.4 North America
- 3.5 Europe
- 3.6 China
- 3.7 Japan
- 3.8 South Korea
4 Global Market Growth Prospects
- 4.1 Global Quantum Infrared Sensors Revenue Estimates and Forecasts (2021-2032)
- 4.2 Global Quantum Infrared Sensors Revenue by Region
- 4.2.1 Global Quantum Infrared Sensors Revenue by Region: 2021 VS 2025 VS 2032
- 4.2.2 Global Quantum Infrared Sensors Revenue by Region (2021-2026)
- 4.2.3 Global Quantum Infrared Sensors Revenue by Region (2027-2032)
- 4.2.4 Global Quantum Infrared Sensors Revenue Market Share by Region (2021-2032)
- 4.3 Global Quantum Infrared Sensors Sales Estimates and Forecasts 2021-2032
- 4.4 Global Quantum Infrared Sensors Sales by Region
- 4.4.1 Global Quantum Infrared Sensors Sales by Region: 2021 VS 2025 VS 2032
- 4.4.2 Global Quantum Infrared Sensors Sales by Region (2021-2026)
- 4.4.3 Global Quantum Infrared Sensors Sales by Region (2027-2032)
- 4.4.4 Global Quantum Infrared Sensors Sales Market Share by Region (2021-2032)
- 4.5 North America
- 4.6 Europe
- 4.7 China
- 4.8 Asia (Excluding China)
- 4.9 South America, Middle East and Africa
5 Market Competitive Landscape by Manufacturers
- 5.1 Global Quantum Infrared Sensors Revenue by Manufacturers
- 5.1.1 Global Quantum Infrared Sensors Revenue by Manufacturers (2021-2026)
- 5.1.2 Global Quantum Infrared Sensors Revenue Market Share by Manufacturers (2021-2026)
- 5.1.3 Global Quantum Infrared Sensors Manufacturers Revenue Share Top 10 and Top 5 in 2025
- 5.2 Global Quantum Infrared Sensors Sales by Manufacturers
- 5.2.1 Global Quantum Infrared Sensors Sales by Manufacturers (2021-2026)
- 5.2.2 Global Quantum Infrared Sensors Sales Market Share by Manufacturers (2021-2026)
- 5.2.3 Global Quantum Infrared Sensors Manufacturers Sales Share Top 10 and Top 5 in 2025
- 5.3 Global Quantum Infrared Sensors Sales Price by Manufacturers (2021-2026)
- 5.4 Global Quantum Infrared Sensors Key Manufacturers Ranking, 2024 VS 2025 VS 2026
- 5.5 Global Quantum Infrared Sensors Key Manufacturers Manufacturing Sites & Headquarters
- 5.6 Global Quantum Infrared Sensors Manufacturers, Product Type & Application
- 5.7 Global Quantum Infrared Sensors Manufacturers Commercialization Time
- 5.8 Market Competitive Analysis
- 5.8.1 Global Quantum Infrared Sensors Market CR5 and HHI
- 5.8.2 2025 Quantum Infrared Sensors Tier 1, Tier 2, and Tier 3
6 Quantum Infrared Sensors Market by Type
- 6.1 Global Quantum Infrared Sensors Revenue by Type
- 6.1.1 Global Quantum Infrared Sensors Revenue by Type (2021-2032) & (US$ Million)
- 6.1.2 Global Quantum Infrared Sensors Revenue Market Share by Type (2021-2032)
- 6.2 Global Quantum Infrared Sensors Sales by Type
- 6.2.1 Global Quantum Infrared Sensors Sales by Type (2021-2032) & (k units)
- 6.2.2 Global Quantum Infrared Sensors Sales Market Share by Type (2021-2032)
- 6.3 Global Quantum Infrared Sensors Price by Type
7 Quantum Infrared Sensors Market by Application
- 7.1 Global Quantum Infrared Sensors Revenue by Application
- 7.1.1 Global Quantum Infrared Sensors Revenue by Application (2021-2032) & (US$ Million)
- 7.1.2 Global Quantum Infrared Sensors Revenue Market Share by Application (2021-2032)
- 7.2 Global Quantum Infrared Sensors Sales by Application
- 7.2.1 Global Quantum Infrared Sensors Sales by Application (2021-2032) & (k units)
- 7.2.2 Global Quantum Infrared Sensors Sales Market Share by Application (2021-2032)
- 7.3 Global Quantum Infrared Sensors Price by Application
8 Company Profiles
- 8.1 Monron Corporation
- 8.1.1 Monron Corporation Company Information
- 8.1.2 Monron Corporation Business Overview
- 8.1.3 Monron Corporation Quantum Infrared Sensors Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.1.4 Monron Corporation Quantum Infrared Sensors Product Portfolio
- 8.1.5 Monron Corporation Recent Developments
- 8.2 Sofradir
- 8.2.1 Sofradir Company Information
- 8.2.2 Sofradir Business Overview
- 8.2.3 Sofradir Quantum Infrared Sensors Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.2.4 Sofradir Quantum Infrared Sensors Product Portfolio
- 8.2.5 Sofradir Recent Developments
- 8.3 Honeywell International
- 8.3.1 Honeywell International Company Information
- 8.3.2 Honeywell International Business Overview
- 8.3.3 Honeywell International Quantum Infrared Sensors Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.3.4 Honeywell International Quantum Infrared Sensors Product Portfolio
- 8.3.5 Honeywell International Recent Developments
- 8.4 Hamamatsu Photonics
- 8.4.1 Hamamatsu Photonics Company Information
- 8.4.2 Hamamatsu Photonics Business Overview
- 8.4.3 Hamamatsu Photonics Quantum Infrared Sensors Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.4.4 Hamamatsu Photonics Quantum Infrared Sensors Product Portfolio
- 8.4.5 Hamamatsu Photonics Recent Developments
- 8.5 Nippon Avionics
- 8.5.1 Nippon Avionics Company Information
- 8.5.2 Nippon Avionics Business Overview
- 8.5.3 Nippon Avionics Quantum Infrared Sensors Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.5.4 Nippon Avionics Quantum Infrared Sensors Product Portfolio
- 8.5.5 Nippon Avionics Recent Developments
- 8.6 Excelitas Technologies
- 8.6.1 Excelitas Technologies Company Information
- 8.6.2 Excelitas Technologies Business Overview
- 8.6.3 Excelitas Technologies Quantum Infrared Sensors Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.6.4 Excelitas Technologies Quantum Infrared Sensors Product Portfolio
- 8.6.5 Excelitas Technologies Recent Developments
- 8.7 Murata Manufacturing
- 8.7.1 Murata Manufacturing Company Information
- 8.7.2 Murata Manufacturing Business Overview
- 8.7.3 Murata Manufacturing Quantum Infrared Sensors Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.7.4 Murata Manufacturing Quantum Infrared Sensors Product Portfolio
- 8.7.5 Murata Manufacturing Recent Developments
- 8.8 Raytheon Company
- 8.8.1 Raytheon Company Company Information
- 8.8.2 Raytheon Company Business Overview
- 8.8.3 Raytheon Company Quantum Infrared Sensors Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.8.4 Raytheon Company Quantum Infrared Sensors Product Portfolio
- 8.8.5 Raytheon Company Recent Developments
- 8.9 Nippon Ceramic
- 8.9.1 Nippon Ceramic Company Information
- 8.9.2 Nippon Ceramic Business Overview
- 8.9.3 Nippon Ceramic Quantum Infrared Sensors Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.9.4 Nippon Ceramic Quantum Infrared Sensors Product Portfolio
- 8.9.5 Nippon Ceramic Recent Developments
- 8.10 Texas Instruments
- 8.10.1 Texas Instruments Company Information
- 8.10.2 Texas Instruments Business Overview
- 8.10.3 Texas Instruments Quantum Infrared Sensors Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.10.4 Texas Instruments Quantum Infrared Sensors Product Portfolio
- 8.10.5 Texas Instruments Recent Developments
9 North America
- 9.1 North America Quantum Infrared Sensors Market Size by Type
- 9.1.1 North America Quantum Infrared Sensors Revenue by Type (2021-2032)
- 9.1.2 North America Quantum Infrared Sensors Sales by Type (2021-2032)
- 9.1.3 North America Quantum Infrared Sensors Price by Type (2021-2032)
- 9.2 North America Quantum Infrared Sensors Market Size by Application
- 9.2.1 North America Quantum Infrared Sensors Revenue by Application (2021-2032)
- 9.2.2 North America Quantum Infrared Sensors Sales by Application (2021-2032)
- 9.2.3 North America Quantum Infrared Sensors Price by Application (2021-2032)
- 9.3 North America Quantum Infrared Sensors Market Size by Country
- 9.3.1 North America Quantum Infrared Sensors Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 9.3.2 North America Quantum Infrared Sensors Sales by Country (2021 VS 2025 VS 2032)
- 9.3.3 North America Quantum Infrared Sensors Price by Country (2021-2032)
- 9.3.4 United States
- 9.3.5 Canada
- 9.3.6 Mexico
10 Europe
- 10.1 Europe Quantum Infrared Sensors Market Size by Type
- 10.1.1 Europe Quantum Infrared Sensors Revenue by Type (2021-2032)
- 10.1.2 Europe Quantum Infrared Sensors Sales by Type (2021-2032)
- 10.1.3 Europe Quantum Infrared Sensors Price by Type (2021-2032)
- 10.2 Europe Quantum Infrared Sensors Market Size by Application
- 10.2.1 Europe Quantum Infrared Sensors Revenue by Application (2021-2032)
- 10.2.2 Europe Quantum Infrared Sensors Sales by Application (2021-2032)
- 10.2.3 Europe Quantum Infrared Sensors Price by Application (2021-2032)
- 10.3 Europe Quantum Infrared Sensors Market Size by Country
- 10.3.1 Europe Quantum Infrared Sensors Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 10.3.2 Europe Quantum Infrared Sensors Sales by Country (2021 VS 2025 VS 2032)
- 10.3.3 Europe Quantum Infrared Sensors Price by Country (2021-2032)
- 10.3.4 Germany
- 10.3.5 France
- 10.3.6 U.K.
- 10.3.7 Italy
- 10.3.8 Russia
- 10.3.9 Spain
- 10.3.10 Netherlands
- 10.3.11 Switzerland
- 10.3.12 Sweden
11 China
- 11.1 China Quantum Infrared Sensors Market Size by Type
- 11.1.1 China Quantum Infrared Sensors Revenue by Type (2021-2032)
- 11.1.2 China Quantum Infrared Sensors Sales by Type (2021-2032)
- 11.1.3 China Quantum Infrared Sensors Price by Type (2021-2032)
- 11.2 China Quantum Infrared Sensors Market Size by Application
- 11.2.1 China Quantum Infrared Sensors Revenue by Application (2021-2032)
- 11.2.2 China Quantum Infrared Sensors Sales by Application (2021-2032)
- 11.2.3 China Quantum Infrared Sensors Price by Application (2021-2032)
12 Asia (Excluding China)
- 12.1 Asia Quantum Infrared Sensors Market Size by Type
- 12.1.1 Asia Quantum Infrared Sensors Revenue by Type (2021-2032)
- 12.1.2 Asia Quantum Infrared Sensors Sales by Type (2021-2032)
- 12.1.3 Asia Quantum Infrared Sensors Price by Type (2021-2032)
- 12.2 Asia Quantum Infrared Sensors Market Size by Application
- 12.2.1 Asia Quantum Infrared Sensors Revenue by Application (2021-2032)
- 12.2.2 Asia Quantum Infrared Sensors Sales by Application (2021-2032)
- 12.2.3 Asia Quantum Infrared Sensors Price by Application (2021-2032)
- 12.3 Asia Quantum Infrared Sensors Market Size by Country
- 12.3.1 Asia Quantum Infrared Sensors Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 12.3.2 Asia Quantum Infrared Sensors Sales by Country (2021 VS 2025 VS 2032)
- 12.3.3 Asia Quantum Infrared Sensors Price by Country (2021-2032)
- 12.3.4 Japan
- 12.3.5 South Korea
- 12.3.6 India
- 12.3.7 Australia
- 12.3.8 Taiwan
- 12.3.9 Southeast Asia
13 South America, Middle East and Africa
- 13.1 SAMEA Quantum Infrared Sensors Market Size by Type
- 13.1.1 SAMEA Quantum Infrared Sensors Revenue by Type (2021-2032)
- 13.1.2 SAMEA Quantum Infrared Sensors Sales by Type (2021-2032)
- 13.1.3 SAMEA Quantum Infrared Sensors Price by Type (2021-2032)
- 13.2 SAMEA Quantum Infrared Sensors Market Size by Application
- 13.2.1 SAMEA Quantum Infrared Sensors Revenue by Application (2021-2032)
- 13.2.2 SAMEA Quantum Infrared Sensors Sales by Application (2021-2032)
- 13.2.3 SAMEA Quantum Infrared Sensors Price by Application (2021-2032)
- 13.3 SAMEA Quantum Infrared Sensors Market Size by Country
- 13.3.1 SAMEA Quantum Infrared Sensors Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 13.3.2 SAMEA Quantum Infrared Sensors Sales by Country (2021 VS 2025 VS 2032)
- 13.3.3 SAMEA Quantum Infrared Sensors Price by Country (2021-2032)
- 13.3.4 Brazil
- 13.3.5 Argentina
- 13.3.6 Chile
- 13.3.7 Colombia
- 13.3.8 Peru
- 13.3.9 Saudi Arabia
- 13.3.10 Israel
- 13.3.11 UAE
- 13.3.12 Turkey
- 13.3.13 Iran
- 13.3.14 Egypt
14 Value Chain and Sales Channels Analysis
- 14.1 Quantum Infrared Sensors Value Chain Analysis
- 14.1.1 Quantum Infrared Sensors Key Raw Materials
- 14.1.2 Raw Materials Key Suppliers
- 14.1.3 Manufacturing Cost Structure
- 14.1.4 Quantum Infrared Sensors Production Mode & Process
- 14.2 Quantum Infrared Sensors Sales Channels Analysis
- 14.2.1 Direct Comparison with Distribution Share
- 14.2.2 Quantum Infrared Sensors Distributors
- 14.2.3 Quantum Infrared Sensors Customers
15 Concluding Insights
16 Appendix
- 16.1 Reasons for Doing This Study
- 16.2 Research Methodology
- 16.3 Research Process
- 16.4 Authors List of This Report
- 16.5 Data Source
- 16.5.1 Secondary Sources
- 16.5.2 Primary Sources
- 16.6 Disclaimer
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