The industry that produces and distributes passive infrared sensors is known as the passive infrared sensor market. PIR sensors are electrical devices that have the ability to identify infrared radiation generated by nearby objects. These sensors are often utilised in many different applications, such as energy management, occupancy detection, automated lighting control, and security systems.
With a CAGR of almost 15%, the passive infrared sensor market is expected to develop considerably between 2022 and 2032 and reach a worth of about US$ 1.3 billion. The primary factor driving the worldwide infrared sensor market is the growing usage of passive infrared sensors in a range of electrical devices.
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.
Get Sample Copy of this Report at:
https://www.futuremarketinsights.com/reports/sample/rep-gb-652
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.
Request for Methodology
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-652
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
Knowledge is Key: Buy Your Report Now to Stay Ahead
https://www.futuremarketinsights.com/checkout/652
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.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube