What is Infrared Motion Sensor Market?
The infrared motion sensor in an electronic sensor that measures infrared light radiating from the objects in its field of view. It is used to sense the movement of people, animals or other objects. All objects with a temperature above absolute zero emit heat energy in the form of radiations, which is captured by infrared motion sensors. These sensors mostly used in the PIR-based motion detectors and commonly used in security alarms and automatic lighting applications. They are commonly found in appliances and gadgets used in homes or businesses.
The market study is being classified by Type (Accelerometer, Gyroscope, Magnetometer and Combo Sensor), by Application (Consumer Electronics, Automotive Industry and Others) and major geographies with country level break-up.
Bosch Sensortec GmbH (Germany), Freescale Semiconductor Ltd. (United States), STMicroelectronics (Switzerland), MEMSIC, Inc. (United States), Microchip Technology, Inc. (United States), InvenSense, Inc. (United States), TDK Corporation (Japan), Kionix, Inc (United States), Honeywell International, Inc. (United States) and Murata Manufacturing Co., Ltd. (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Analog Devices, Inc. (United States) and Elmark Holding (United Kingdom).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Infrared Motion Sensor market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Infrared Motion Sensor market by Type, Application and Region.
On the basis of geography, the market of Infrared Motion Sensor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Application of Infrared Motion Sensors in Industrial Machines, Smartphones and Other Devices
- Rising Automation in the Various Industries
Market Trend
- Technological Advancements and Improvements in Infrared Motion Sensors
Restraints
- High Cost of the Infrared Motion Sensors
Opportunities
- Growing Demand from Electronic and Automotive Industry
- Increasing Demand from Construction Industry for Smart Homes
Challenges
- Lack of Availability of Cheaper Alternative
Market Leaders and some development strategies
On 29th May 2018, Microchip Technology Incorporated, a leading provider of microcontroller, mixed-signal, analog and flash-IP solutions, announced that Microchip has completed its previously announced acquisition of Microsemi Corporation.
On 8th January 2019, TDK launched premium motion sensor InvenSense CORONA optimized for optical and computational image stabilization applications. It delivers unparalleled sensor performance for enhanced 4-axis optical and computational stabilization techniques for still images and video.
Key Target Audience
Infrared Motion Sensor Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user