Passive Infrared Sensor Market Volume Analysis, size, share and Key T Passive Infrared Sensor Market Volume Analysis, si | Page 4
Report
Description
Report Description
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.
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