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Forecast On Passive Infrared Sensor Market Global Industry Analysis and Trends till 2025

12-15-2017 11:03 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Passive infrared sensor is an electronic device that can produce light and detect motion of an infrared emitting source such as human being. Passive infrared sensor finds its application in security devices, cameras and thermal camera, spectrometers, home appliances, gas and fire detection systems, pyrometers, and temperature sensors etc. Some of the major advantages of passive infrared sensor are minimum power consumption and accurate movement detection, which in turn make passive infrared sensor an ideal electronic device for safety and security.

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Global Passive Infrared Sensor Market: Segmentation

Global passive infrared sensor market is segmented into device, range, type, and region. The global passive infrared sensor market can be segmented on the basis of device which includes smoke detector, motion controller, heat detector and other device. On the basis of range the market can be segmented into short wave passive infrared sensor, mid wave passive infrared sensor and long wave passive infrared sensor. Application type includes consumer electronics, defense and aerospace, healthcare and industrial, and automotive. Consumer electronics segment can be further sub-segmented into smartphones and smart mobile devices, cameras and other electronics. Region wise, global passive infrared sensor market is segmented into North America, Latin America, Western Europe, Eastern Europe, Japan, Asia pacific (APEJ), and Middle East and Africa (MEA).

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Global Passive Infrared Sensor Market: Region-wise Outlook

The global passive infrared sensor market is projected to witness a considerable growth in CAGR from 2015 to 2025. Currently, North America and Western Europe are the matured market for passive infrared providers. However, Asia-Pacific, and MEA are expected to become lucrative regional market for key players operating in the passive infrared sensor market. FMI forecasts, the market in Asia-Pacific region is expected to grow at fastest CAGR over the forecast period.

Global Passive Infrared Sensor Market: Drivers

Widening application area of passive infrared sensor is accelerating the growth of passive infrared sensor market. Expanding demand for motion enabled smartphones, industrial machineries, medical equipment, and military & aerospace devices, rising uptake of wireless communication, growing trends of industrial as well as home automation. Additionally, low power consumption and increasing demand for motion sensors in gaming is likely to fuel the growth of the global passive infrared sensor market during the forecast period.

Global Passive Infrared Sensor Market: Restraints

Some of the restraints which are hindering the growth of global passive infrared sensor market to some extent are availability of alternative sensors at lower price and inability of passive infrared sensor to detect objects moving at very slow speed.

About FMI

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

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London W1B 3HH
United Kingdom

T: + 44 (0) 20 7692 8790
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Email:sales@futuremarketinsights.com

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