Market Definition
A passive infrared sensor (PIR sensor) is an electronic sensor that measures infrared (IR) light radiating from objects in its field of view. They are most often used in PIR-based motion detectors. PIR sensors are commonly used in security alarms and automatic lighting applications. PIR sensors detect general movement but do not give information on who or what moved. A PIR sensor only detects that something moved; it cannot tell you what or who moved.
Market Outlook
The Passive Infrared Sensor Market size was USD 0.7 Billion in 2022 and is anticipated to reach USD 1.2 Billion in 2032, growing at a rate of 5.2% from 2023 to 2032.
One of the key trends in Passive Infrared Sensor (PIR) technology is the development of miniaturized sensors. This trend is driven by the need for smaller and more compact devices, as well as the desire to reduce costs. In addition, there is a trend toward using more sophisticated materials and manufacturing processes to improve the performance of PIR sensors.
Another key trend is the development of multi-element sensors. These sensors are able to detect a wider range of infrared radiation and are therefore more sensitive than single-element sensors. This improved sensitivity enables the sensors to be used in a variety of applications, such as security systems, where they can detect the presence of intruders.
Finally, there is a trend towards using PIR sensors in combination with other sensor types. For example, PIR sensors are often used in conjunction with cameras to provide a more complete picture of a scene. This trend is driven by the need for more comprehensive and accurate data in a variety of applications.
Key drivers of Passive Infrared Sensor market are low cost, low power consumption, small size, and ruggedness. These attributes make them ideal for a variety of applications including security, building automation, automotive, and consumer electronics.
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Research Objectives
• Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
• Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
• Identify factors influencing market growth and challenges, opportunities, drivers and restraints
• Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
• Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
• Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
• To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
• Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Market Segmentation
The Passive Infrared Sensor Market is segmented by device, range, application, and region. By device, the market is divided into smoke detector, heat detector, motion controller, and others. Based on range, it is bifurcated into short wave passive infrared sensor, mid wave passive infrared sensor, and long wave passive infrared sensor. On the basis of application, it is classified into consumer electronics, healthcare, industrial, automotive, defense and aerospace, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
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Major Players
The Passive Infrared Sensor Market includes players such as Axis Communications AB, General Dynamics Corporation, Honeywell International Inc., Current Corporation, Atmel Corporation, Cypress Semiconductor, Espon Toyocom Corporation, STMicroelectronics N.V, Nippon Avionics Co., Ltd., and Bosch Security Systems, LLC.
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Research Scope
• Scope – Highlights, Trends, Insights. Attractiveness, Forecast
• Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
• Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
• Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
• Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
• Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
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