The future of the global passive infrared motion sensor market looks promising with opportunities in the consumer electronics, industrial, automotive, healthcare, and aerospace & defense markets. The global passive infrared motion sensor market is expected to reach an estimated $1.4 billion by 2030 with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are increased use of infrared detectors in non-contact temperature monitoring, gas analysis, and fire detection and the increasing use of motion-sensor-based smart home systems for energy management, lighting control, and security.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the passive infrared motion
sensor market by device (smoke detector, heat detector, motion controller, and
other devices), range (short wave passive infrared sensor, mid wave passive
infrared sensor, and long wave passive infrared sensor), application (consumer
electronics, healthcare, industrial, automotive, and defense and aerospace),
and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, smoke
detector, heat detector, and motion controller are the major segments of
passive infrared motion sensor market by device. Lucintel forecasts that motion
controller is expected to witness highest growth over the forecast
period.Within this market, consumer electronics will remain the largest
segment.
APAC is expected to
witness highest growth over the forecast period.
Axis Communications,
General Dynamics Corporation, Honeywell International, Current Corporation,
Atmel Corporation, Cypress Semiconductor, Espon Toyocom Corporation,
Stmicroelectronics,Nippon Avionics, And Bosch Security Systems are the major
suppliers in the passive infrared motion sensor market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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