PUBLISHER: Lucintel | PRODUCT CODE: 1416794
PUBLISHER: Lucintel | PRODUCT CODE: 1416794
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 $1.4 billion by 2030 with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are increased use of infrared detectors in non-contact temperature monitoring, gas analysis, and fire detection and the increasing use of motion-sensor-based smart home systems for energy management, lighting control, and security.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global passive infrared motion sensor by device, range, application, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies passive infrared motion sensor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the passive infrared motion sensor companies profiled in this report include-
Lucintel forecasts that motion controller is expected to witness highest growth over the forecast period.
Within this market, consumer electronics will remain the largest segment.
APAC is expected to witness highest growth over the forecast period.
Market Size Estimates: Passive infrared motion sensor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Passive infrared motion sensor market size by device, range, application, and region in terms of value ($B).
Regional Analysis: Passive infrared motion sensor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different device, range, application, and regions for the passive infrared motion sensor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the passive infrared motion sensor market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q.1 What is the passive infrared motion sensor market size?
Answer: The global passive infrared motion sensor market is expected to reach an estimated $1.4 billion by 2030.
Q.2 What is the growth forecast for passive infrared motion sensor market?
Answer: The global passive infrared motion sensor market is expected to grow with a CAGR of 10.2% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the passive infrared motion sensor market?
Answer: 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.
Q4. What are the major segments for passive infrared motion sensor market?
Answer: The future of the passive infrared motion sensor market looks promising with opportunities in the consumer electronics, industrial, automotive, healthcare, and aerospace & defense markets.
Q5. Who are the key passive infrared motion sensor market companies?
Answer: Some of the key passive infrared motion sensor companies are as follows:
Q6. Which passive infrared motion sensor market segment will be the largest in future?
Answer: Lucintel forecasts that motion controller is expected to witness highest growth over the forecast period.
Q7. In passive infrared motion sensor market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.