The passive infrared sensor market refers to the industry involved in the manufacturing and distribution of passive infrared sensors. PIR sensors are electronic devices that can detect infrared radiation emitted by objects in their field of view. These sensors are commonly used in various applications, including security systems, automatic lighting control, occupancy detection, and energy management.
The Passive infrared sensor Market is predicted to grow significantly between 2022 and 2032, with a CAGR of approximately 15%, reaching a valuation of approximately US$ 1.3 billion. The increasing use of passive infrared sensors in a variety of electrical items is the key driver fueling the global infrared sensor market.
A passive infrared sensor is an electronic device that can generate light and detect the motion of an infrared emitting source, such as a human.Passive infrared sensors are used in security equipment, cameras, thermal cameras, spectrometers, household appliances, gas and fire detection systems, pyrometers, and temperature sensors, among other things.
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Global Passive Infrared Sensor Market: Drivers
Widening application area of passive infrared sensor is accelerating the growth of passive infrared sensor market. Expanding demand for motion enabled smartphones, industrial machineries, medical equipment, and military & aerospace devices, rising uptake of wireless communication, growing trends of industrial as well as home automation.
Global Passive Infrared Sensor Market: Restraints
Some of the restraints which are hindering the growth of global passive infrared sensor market to some extent are availability of alternative sensors at lower price and inability of passive infrared sensor to detect objects moving at very slow speed.
Global Passive Infrared Sensor Market: Competitive Landscape
Key players in the global passive infrared sensor market focus on product innovation and introduction of new enhance products in order to outperform competitors. Major companies in the global passive infrared sensor market concentrate on expanding footprints across the world so as to enhance their customer base as well as profit margin.
Furthermore, high investment on research and development activities is another major strategy followed by major players in the global passive infrared sensor market. For example, General Dynamics Corporation invested 1.2% of its total revenue during fiscal year 2014 i.e. US$ 358 Mn in research & development (R&D) activities in order to enhance the efficiency of its business operations and foster innovation in product development.
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Global Passive Infrared Sensor Market: Key Players
Some of the major players identified in the global passive infrared sensor market are Axis Communications AB, General Dynamics Corporation, Bosch security systems ltd., Current Corporation, Atmel Corporation, Elmos Semiconductor AG, Cypress Semiconductor, Epson Toyocom Corporation, Honeywell International Inc. and STMicroelectronics N.V. etc.
Regional analysis for Passive Infrared Sensor Market includes
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
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Key Segments Profiled in the Passive Infrared Sensor Industry Survey
By Device:
- Smoke Detector
- Heat Detector
- Motion Controller
- Other Devices
By Range:
- Short Wave Passive Infrared Sensor
- Mid Wave Passive Infrared Sensor
- Long Wave Passive Infrared Sensor
By Application:
- Consumer Electronics
- Smartphones and Smart Mobile Devices
- Cameras
- Other Electronic
- Healthcare
- Industrial
- Automotive
- Defense and Aerospace
Author:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.
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