The Global PIR Sensor Market is set for a valuation of US$ 647 million in 2023 and is projected to surge ahead at a CAGR of 12.3% during the forecast period (2023-2033). The market is predicted to grow rapidly with the expanding semiconductor industry and its applications in various countries.
PIR sensors have a more complex nature than any of the other sensors such as FSRs, photocells, and tilt switches. The sensor’s input and output results are affected by multiple variables. These are basically pyroelectric sensors that detect infrared radiations in the surrounding environment. PIR sensors (PIRs) use heat radiation from bodies to identify the presence of people and animals. This can be used for unlocking doors or starting a video recording. PIRs are commonly utilized because of their less power consumption feature. PIR sensors have previously been used to generate binary events, such as whether a person or animal is present or not. Since then, the employment of PIR sensors has been seen in numerous advanced applications.
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 Study of PIR Sensor Market
· 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.
“Technological advancements in the semiconductor industry will support the market growth for PIR sensors,”says a Fact.MR analyst.
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.
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.
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These insights are based on a report on PIR Sensor Market by Fact.MR.