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Market Overview:
The passive Infrared Sensor Market size is estimated to reach $1.3 billion by 2030, growing at a CAGR of 15% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Passive Infrared Sensor Market – By Type (Wired PIR Sensors, Wireless PIR Sensors), By Coverage Range (Short-Range PIR Sensors, Medium-Range PIR Sensors, Long-Range PIR Sensors), By Technology (Ingle Element PIR Sensors, Dual Element PIR Sensors, Quad Element PIR Sensors, and Others), By Application (Residential, Commercial, Industrial, Automotive, Aerospace and Defense, Healthcare, Others), By End Use Industry (Building Automation, Security and Surveillance, Lighting Control, HVAC Control, Energy Management, Consumer Electronics, Automotive, Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”
Increasing integration of IoT technology, enhancing their application in smart homes and buildings for automated lighting and HVAC systems, leading to improved energy efficiency and heightened demand in the building automation segment.
North America to Register Highest Growth:
North America is anticipated to experience the highest growth of CAGR of 9.7% in the Passive Infrared Sensor market between 2024 and 2030. The Passive Infrared Sensor (PIR) market is poised for significant growth, driven by the substantial $350 billion in Bipartisan Infrastructure Law (BIL) funding announced through October 2023. With half of these funds allocated to major infrastructure projects such as roads and bridges, there's a notable emphasis on enhancing broadband, public transportation, water infrastructure, and clean energy. This focus on modernizing and expanding infrastructure creates heightened demand for PIR sensors across various sectors, including building automation, security, lighting control, and energy management, fueling robust market expansion.
Passive Infrared Sensor Market: Key Takeaways
Advancements in Security and Surveillance:
Advancements in Passive Infrared (PIR) sensors have significantly enhanced its capabilities in security and surveillance applications. Modern PIR sensors offer improved detection range and accuracy, making them more effective for intruder alarms and video surveillance systems. These advancements allow for more precise detection of movement and heat signatures, reducing false alarms and increasing overall security. Enhanced sensitivity and longer-range detection ensure that security systems can cover larger areas and respond more effectively to potential threats. As technology progresses, PIR sensors continue to play a crucial role in evolving security solutions, providing robust protection.
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Increased Application in the Automotive Industry:
In the automotive industry, Passive Infrared (PIR) sensors are increasingly utilized to enhance vehicle safety and efficiency. These sensors are pivotal in advanced driver-assistance systems (ADAS) for detecting occupants and monitoring cabin activity, contributing to improved airbag deployment and personalized climate control. PIR sensors also play a crucial role in optimizing energy management by detecting driver presence and automating interior lighting, which helps conserve battery life. Additionally, PIR sensors aid in vehicle security systems by identifying unauthorized access or movement within the vehicle. As automotive technology evolves, the integration of PIR sensors continues to advance, offering enhanced functionality and contributing to smarter, more responsive vehicles.
Scope of the Report:
Recent Developments:
- In January 2022, Honeywell International Inc. launched a new facility in Saudi Arabia to produce Callidus flare technology, reducing emissions for the petrochemical industry. They also opened a separate facility to manufacture gas detection equipment. More recently, in September, Honeywell launched a new software suite to optimize data center efficiency. These developments highlight Honeywell's focus on both environmental solutions and building technology advancements.
- Johnson Controls recently opened their largest OpenBlue Innovation Center in India on July 2023. This center showcases its OpenBlue suite, which uses AI and cloud technology to create smart, sustainable buildings. Visitors can experience a virtual reality tour of net-zero buildings and see demonstrations of access control, fire safety, and digital twin technology. This focus on net-zero buildings highlights Johnson Controls' commitment to sustainable innovation.
Passive Infrared Sensor Market: Competitive Landscape
Key companies profiled in Passive Infrared Sensor Market are Honeywell International Inc., Panasonic Corporation, Murata Manufacturing Co., Ltd, Texas Instruments Incorporated, Johnson Controls International plc, Enerlites, Inc., Pyreos Limited, Excelitas Technologies Corp., Amphenol Corporation, Nicera Philippines, Inc., and Others.
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