Global Pyroelectric Infrared Sensors Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
Pyroelectric Infrared Sensors function as devices which produce electric current after receiving infrared radiation exposure. The sensors, also known as Pyroelectric Detectors, stand out because they detect infrared radiation with high sensitivity across a broad range while using minimal power. These sensors find extensive use in motion detection systems and temperature measurement applications, gas analysis, and other applications. The growing smart home and city movement, together with wearable device adoption and industrial automation, has driven up recent demand for these sensors.
Market Key Insights
- The Pyroelectric Infrared Sensors market is projected to grow from $1.1 billion in 2024 to $2.6 billion in 2034. This represents a CAGR of 9.2%, reflecting rising demand across Home Security Systems, Energy Management Systems and Health Monitoring Devices.
- Excelitas Technologies Corp., Murata Manufacturing Co. Ltd., Hamamatsu Photonics K.K. are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Pyroelectric Infrared Sensors market and are expected to observe the growth CAGR of 6.7% to 9.7% between 2024 and 2030.
- Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 8.8% to 11.5%.
- Transition like Expansion into Smart Home Systems is expected to add $200.0 million to the Pyroelectric Infrared Sensors market growth by 2030
- The Pyroelectric Infrared Sensors market is set to add $1.5 billion between 2024 and 2034, with manufacturer targeting Spectroscopy & Thermopile Applications projected to gain a larger market share.
- With Rising demand for advanced security systems, and Growth in iot and smart home devices, Pyroelectric Infrared Sensors market to expand 141% between 2024 and 2034.
Opportunities in the Pyroelectric Infrared Sensors
The Asia-Pacific region with its fast technological progress and expanding economies shows great potential for Pyroelectric Infrared Sensors. The demand for these sensors will also increase because China and India focus on developing smart homes and cities.
Growth Opportunities in North America and Asia Pacific
North America Outlook
The North American market for Pyroelectric Infrared Sensors experiences growth because of technological progress and rising demand from home automation and security systems and healthcare applications. The competitive market of North America is led by Honeywell and Texas Instruments as its leading companies. The market expansion in this region occurs because smart home technology adoption increases while automation continues to spread across different industries. The market expansion of Pyroelectric Infrared Sensors in this region receives additional growth from increasing demand for energy-efficient devices and systems.
Asia Pacific Outlook
The Asia Pacific region experiences rising demand for Pyroelectric Infrared Sensors because of its fast industrial development and security needs in China and India. The region contains two major manufacturers Panasonic and Murata Manufacturing which creates intense market competition. The market expansion in this region stems from the expanding electronics sector and security system sensor adoption and smart city project funding increases. The adoption of advanced sensor technology integration in consumer electronics creates substantial market potential for this region.
Market Dynamics and Supply Chain
Driver: Rising Demand for Advanced Security Systems, and Technological Advancements in Sensor Technology
The expanding IOT market together with smart home devices also serves as a primary factor for the growth of the Pyroelectric Infrared Sensors market. The sensors play a crucial role in numerous IoT devices because they allow these devices to sense their surroundings and deliver improved performance. The growing IoT market will also drive an increase in demand for Pyroelectric Infrared Sensors.
Restraint: High Manufacturing Costs
Opportunity: Technological Advancements in Security Systems and Strategic Collaborations in Healthcare
The healthcare sector represents an unexplored market opportunity for Pyroelectric Infrared Sensors. The healthcare sector requires precise and reliable sensors because telemedicine and remote patient monitoring continue to grow in popularity. Sensor manufacturers should form strategic partnerships with healthcare providers to increase the adoption of Pyroelectric Infrared Sensors in this sector.
Challenge: Technological Limitations
Supply Chain Landscape
Arkema
Solvay
Excelitas Technologies
Murata Manufacturing
Honeywell International
Panasonic Corporation
Home Security Systems
Automotive
Consumer Electronics
Arkema
Solvay
Excelitas Technologies
Murata Manufacturing
Honeywell International
Panasonic Corporation
Home Security Systems
Automotive
Consumer Electronics
Applications of Pyroelectric Infrared Sensors in Home Security Systems, Energy Management Systems & Health Monitoring Devices
Pyroelectric Infrared Sensors are widely used in home security systems due to their ability to detect changes in infrared radiation, which happens when a human or animal passes by. These sensors are particularly favored for their high sensitivity and low power consumption. Major players in the home security market like ADT and Honeywell leverage the strengths of these sensors to enhance the effectiveness of their security solutions.
In the realm of energy management, Pyroelectric Infrared Sensors are commonly used in smart thermostats and HVAC systems. They help in detecting occupancy and adjusting temperature settings accordingly, promoting energy efficiency. Companies like Nest and Ecobee are leading the market with their innovative energy management solutions, largely supported by the use of Pyroelectric Infrared Sensors.
The healthcare industry has found a valuable tool in Pyroelectric Infrared Sensors. They are used in health monitoring devices to measure body temperature or detect body movement, contributing to the development of non-contact health monitoring systems. Top players like Fitbit and Garmin utilize these sensors to enhance the capabilities of their wearable devices, solidifying their market position.
Recent Developments
Leading sensor manufacturer, Bosch Sensortec, launched a new range of Pyroelectric Infrared Sensors, enhancing the efficiency of smart home devices
Texas Instruments introduced a novel Pyroelectric Infrared Sensor technology, improving the detection range in security systems
Panasonic Corporation announced the production of its advanced Pyroelectric Infrared Sensors, aiming to boost the performance of IoT devices.