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Worldwide Sales of PIR Sensors are Projected to Reach US$ 2.12 Billion by 2034

07-03-2024 02:08 PM CET | IT, New Media & Software

Press release from: Fact.MR

PIR Sensors

PIR Sensors

As per the latest study released by Fact.MR, the global PIR sensor market is estimated at a value of US$ 706.2 million in 2024 and is forecasted to increase at a CAGR of 11.6% to reach US$ 2.12 billion by 2034-end.

A passive infrared (PIR) or pyroelectric sensor is an electronic device that detects infrared (IR) radiation emitted by objects in their surrounding field. They are most commonly used in PIR-based motion detectors. They are also widely used in auto lighting, motion detection alarms, and security alarm applications. PIR sensors are the key component of a motion sensor. Humans and animals emit thermal or heat energy in the form of infrared radiation. PIR motion sensors capture this thermal energy from the environment using a pair of pyroelectric sensors.

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The worldwide automobile sector has seen significant transformations as a result of IoT technology. The need for PIR sensors is expected to rise as autonomous and connected cars become more common since they enable vehicles to detect impediments in their path. Throughout the projection period, they will be crucial in revolutionizing the automotive industry through advancements in transportation planning and vehicle automation, leading to the high usage of PIR sensors.

Key Takeaways from Market Study
The global PIR sensor market is projected to grow 3.2X and reach US$ 2.06 billion by 2033.
The market expanded at 6.2% CAGR between 2018 and 2022.
Under measuring range, outdoor PIR sensors dominated the market with US$ 326.1 million valuation in 2022.
Smart home and IoT application is expected to reach a market valuation of US$ 168.9 million by 2023-end.
North America dominated the global market with 27.2% share in 2022.

Browse Full Report with TOC@ https://www.factmr.com/report/pir-sensor-market

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

By Region :
North America
Latin America
Europe
East Asia
South Asia &Oceania

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Market Development
Pyroelectric infrared (PIR) sensor technology has been one of the fastest-developing technologies in recent years. Infrared sensors have been widely used in many fields such as civil, aerospace, military, astronomy, industry, and meteorology.

More technological advancements and the introduction of latest trends such as IoT, industry 4.0, etc., will increase the productivity of the device in different applications. Integration through collaborations with some R&D industries may also lead to robust improvements, thereby augmenting the sales of PIR sensors.

Key Companies Profiled:-
Adafruit
Ecosens Lighting Pvt. Ltd
KEMET Corporation.
Knightsbridge
Murata Manufacturing Co., Ltd.
NINGBO ENERGYLUX OPTOELECTRONICS TECHNOLOGY 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.
SHENZHEN TAIAN ELECTRONICS CO., LTD
STMicroelectronics
Zuden Technology (HK) Co., Limited

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More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global PIR sensor market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.

The study reveals essential insights on the basis of connection (wired, wireless), 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)), output (analog, digital), application (lighting controls, thermostats & HVAC systems, smart home & IoT, IP cameras & surveillance systems, digital signage, others), and end-use vertical (consumer electronics, automotive, industrial & manufacturing, aerospace & defence, healthcare, BFSI, residential, others), across key regions, namely, North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa.

About Fact.MR:
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232 (D)
Sales Team: sales@factmr.com

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