Worldwide Sales Of PIR Sensor Are Anticipated To Rise At A M...| MENAFN.COM

Saturday, 28 January 2023 07:41 GMT

Worldwide Sales Of PIR Sensor Are Anticipated To Rise At A Modest 12.3% CAGR From 2023 To 2033

(MENAFN- Ameliorate Digital Consultancy)

The global PIR sensor market is expected to be worth $647 million in 2023 and to grow at a CAGR of 12.3% to exceed $2 billion by the end of 2033. PIR sensor sales accounted for 1% of the global sensor market at the end of 2022.

According to Fact.MR, a market research and competitive intelligence provider, the global market for PIR sensors will grow at a CAGR of 6.2% between 2018 and 2022.

A passive infrared (PIR) sensor, also known as a pyroelectric sensor, is an electronic sensor that detects infrared (IR) radiation emitted by objects in their vicinity. They are commonly found in PIR-based motion detectors. Thermal sensing applications such as motion detection and security use PIR sensors. They are widely used in applications such as auto lighting, motion detection alarms, and security alarms. A PIR sensor is the most important component of a motion sensor. Thermal or heat energy is emitted by humans and animals in the form of infrared radiation. Using a pair of pyroelectric sensors, PIR motion sensors capture this thermal energy from the environment.

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Challenges and Threats

The study also makes stakeholder aware of the threats and challenges that encumber the growth of the PIR Sensor market. Along with growth prospects, threat prospects are also necessary for the stakeholder to plan his/her business strategy accordingly.

Anti-Reflective Glass Market: Key Players

The global PIR Sensor market is highly fragmented, owing to the presence of a large number of manufacturers. Examples of some of the key players operating in the global PIR Sensor market are

  • Adafruit
  • Ecosens Lighting Pvt. Ltd
  • KEMET Corporation.
  • Knightsbridge
  • Murata Manufacturing Co., Ltd.
  • Ningbo Haishu Kaiau Electronics Co., Ltd.
  • Panasonic Industry Co., Ltd
  • PIR Motion Sensors
  • Seeed Technology Co., Ltd
  • Sensinova
  • Shenzhen Asia Bright Industry Co., Ltd.
  • ShenZhen HaiWang Sensor Co., Ltd
  • Shenzhen Sumring Technology Co., Limited.
  • STMicroelectronics
  • Zuden Technology (HK) Co., Limited

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Segmentation of PIR Sensor Industry Research

  • By Connection :
    • Wired
    • Wireless
  • By Measuring Range :
    • Indoor PIR
      • Up to 3 m
      • 3-6 m
      • 6-10 m
      • Above 10 m
    • Outdoor PIR
      • Below 20 m
      • 20-50 m
      • 50-100 m
      • Above 100 m
  • By Output :
    • Analog
    • Digital
  • By Application :
    • Lighting Controls
    • Thermostats and HVAC Systems
    • Smart Home and IoT
    • IP Cameras and Surveillance Systems
    • Digital Signage
    • Others
  • By End-use Vertical :
    • Consumer Electronics
    • Automotive
    • Industrial & Manufacturing
    • Aerospace & Defense
    • Healthcare
    • BFSI
    • Residential
    • Others

Some of the important questions covered in this study are as follows:

  • What are the prominent growth factors that will harness growth for the PIR Sensor market during the forecast period
  • Which end-use industry will garner considerable growth for the PIR Sensor market?
  • Which region will emerge as a champion growth-contributor during the assessment period?
  • What are the obstacles surrounding the PIR Sensor market?

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Readers of the report are expected to know of the following information:

  • Which opportunities can be expected to emerge in the global PIR Sensor market over the forecast period of the report?
  • Which factors are anticipated to hamper growth in the market, limiting its growth trajectory?
  • What are the factors that will positively impact growth in the global PIR Sensor market landscape?
  • Which regions would hold a notable share of the global market and which will be a hotspot of growth opportunities?

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