Passive Infrared Sensor Market Volume Analysis, size, share and Key T Passive Infrared Sensor Market Volume Analysis, si | Page 5

Report
Description
Report Description
Global Passive Infrared Sensor Market: Restraints
Some of the restraints which are hindering the growth of global passive infrared sensor
market to some extent are availability of alternative sensors at lower price and inability
of passive infrared sensor to detect objects moving at very slow speed.
Global Passive Infrared Sensor Market: Competitive Landscape
Key players in the global passive infrared sensor market focus on product innovation and
introduction of new enhance products in order to outperform competitors. Major
companies in the global passive infrared sensor market concentrate on expanding
footprints across the world so as to enhance their customer base as well as profit margin.
Furthermore, high investment on research and development activities is another major
strategy followed by major players in the global passive infrared sensor market. For
example, General Dynamics Corporation invested 1.2% of its total revenue during fiscal
year 2014 i.e. US$ 358 Mn in research & development (R&D) activities in order to
enhance the efficiency of its business operations and foster innovation in product
development.
Global Passive Infrared Sensor Market: Key Players
Some of the major players identified in the global passive infrared sensor market are
Axis Communications AB, General Dynamics Corporation, Bosch security systems ltd.,
Current Corporation, Atmel Corporation, Elmos Semiconductor AG, Cypress