Passive Infrared Sensors Market Demand Overview, Growth Innovation, Latest Trends till 2029 by Key Players | Murata Manufacturing , Hamamatsu Photonics , Excelitas Technologie , Teledyne
Latest Study on Industrial Growth of Passive Infrared Sensors Market 2023-2029. A detailed study accumulated to offer Latest insights about acute features of the Passive Infrared Sensors Market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. The market includes news and updates about the market current situation, historic data, present market trends, and this factor which is valuable and supportive to the business. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis. The report aims to supply a further illustration of the newest scenario, economic slowdown, and COVID-19 impact on the overall industry.
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Key Players in This Report Include:
Murata Manufacturing, Hamamatsu Photonics, Excelitas Technologie, Teledyne, Raytheon, InfraTec GmbH, FLIR Systems, Nippon Avionics, Honeywell International, Texas Instruments
Industry News:
Murata Manufacturing has acquired 5 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset. Murata Manufacturing’s largest acquisition to date was in 2011, when it acquired VTI Technologies Oy for $195M. Murata Manufacturing has acquired in 4 countries. The Company’s most targeted sectors include information technology (40%) and manufacturing (20%).
Hamamatsu Photonics K.K. has acquired 1 company. Hamamatsu Photonics K.K.’s largest acquisition to date was in 2017, when it acquired Energetiq Technology for $42M. Hamamatsu Photonics K.K. has acquired in 1 US state. The Company’s most targeted sectors include medical products (100%).
Excelitas Technologies has acquired 8 companies of its own, including 3 in the last 5 years. A total of 4 acquisitions came from private equity firms Excelitas Technologies has acquired in 3 different US states, and 4 countries. The Company’s most targeted sectors include electrical equipment (34%) and electronics (34%).
Teledyne Technologies has acquired 45 companies, including 6 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 7 assets. Teledyne Technologies’ largest acquisition to date was in 2021, when it acquired FLIR Systems for $8.0B. It’s largest disclosed sale occurred in 2010, when it sold Continental Motors to AVIC International for $186M. Teledyne Technologies has acquired in 15 different US states, and 8 countries. The Company’s most targeted sectors include test/measurement equipment (30%) and electrical equipment (21%).
Raytheon Technologies has acquired 23 companies, including 4 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 18 assets. Raytheon Technologies’ largest acquisition to date was in 2017, when it acquired Rockwell Collins for $30.0B. It’s largest disclosed sale occurred in 2015, when it sold Sikorsky Aircraft to Lockheed Martin for $9.0B. Raytheon Technologies has acquired in 14 different US states, and 3 countries. The Company’s most targeted sectors include safety/security (24%) and aerospace (20%).
Nippon Paint Holdings has acquired 1 company, including 1 in the last 5 years. Nippon Paint Holdings’ largest acquisition to date was in 2019, when it acquired DuluxGroup for $2.4B. The Company’s most targeted sectors include chemicals (100%).
Honeywell International has acquired 82 companies, including 10 in the last 5 years. A total of 16 acquisitions came from private equity firms. It has also divested 8 assets. Honeywell International’s largest acquisition to date was in 1999, when it acquired Allied Signal for $13.8B. It’s largest disclosed sale occurred in 2016, when it sold Honeywell Technology Solutions to KBR for $300M. Honeywell International has acquired in 26 different US states, and 13 countries. The Company’s most targeted sectors include manufacturing (13%) and technology hardware (12%).
Texas Instruments has acquired 29 companies. A total of 3 acquisitions came from private equity firms. It has also divested 12 assets. Texas Instruments’ largest acquisition to date was in 2000, when it acquired Burr-Brown for $7.6B. It’s largest disclosed sale occurred in 1997, when it sold Texas Instruments – Defense Systems & Electronics Business to Raytheon for $3.0B. Texas Instruments has acquired in 10 different US states, and 7 countries. The Company’s most targeted sectors include semiconductors (45%) and technology hardware (25%).
The Passive Infrared Sensors market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analysed study to help understand market, opportunities and upcoming challenges and about the competitors.
The Passive Infrared Sensors Market segments and Market Data Break Down are illuminated below
By Type:
Thermal
Quantum
By Application:
Consumer Electronics
Aerospace and Defense
Mining
Oil and Gas
Other
The Passive Infrared Sensors market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Following are the various regions covered by the Passive Infrared Sensors Market research report:
North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Russia, Spain, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, and Rest of APAC), South America (Brazil, Argentina, Columbia and Rest of Latin America), Middle East & Africa (Saudi Arabia, South Africa, Turkey, Nigeria, UAE and Rest of MEA)
Why is North America Considered as a Prominent Market for Passive Infrared Sensors?
North America is anticipated to continue its dominance in the global passive infrared sensor market during the forecast period, owing to the rising adoption of passive infrared motion sensors in security and surveillance systems, presence of leading market players, and surging demand for motion-controlled devices and equipment.
Countries such as the United States and Canada are witnessing huge demand for passive infrared sensors due to their low cost and energy efficient nature. These sensors are being increasingly integrated in gas selection systems, fire detection systems, security alarm systems and several other motion detection applications.
Moreover, growing popularity of autonomous vehicles and robots will further boost the sales of passive infrared sensors in the region during the forecast period.
How Will Growth Unfold in Asia Pacific Region?
According to Market Insights, the passive infrared sensor market in Asia pacific is slated to grow at the fastest CAGR over the forecast period from 2022 to 2032. Growth in the Asia Pacific market is driven by flourishing consumer electronics and construction industries, availability of low-cost products, and increasing investments in security and surveillance infrastructure.
During the last few years there has been a substantial increase in the demand for passive infrared sensors from electronics, construction and defense sectors across Asia Pacific countries. These passive infrared sensors find their applications in smart lighting systems, security alarms, automated door opening systems, and military equipment.
With increasing spending by people on building smart homes coupled with rising need for advanced detection systems in defense sector, sales of passive infrared sensors are projected to grow at a stellar pace during the forecast period.
Objectives of the Report
- To carefully analyses and forecast the size of the market by value and volume.
- To estimate the market shares of major segments of the Passive Infrared Sensors
- To showcase the development of the market in different parts of the world.
- To analyze and study micro-markets in terms of their contributions to the Passive Infrared Sensors market, their prospects, and individual growth trends.
- To offer precise and useful details about factors affecting the growth of the Passive Infrared Sensors
- To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Passive Infrared Sensors market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Key Points Covered in Market Report:
- Market Overview, Definition and Classification Market drivers and barriers
- Market Competition by Manufacturers
- Impact Analysis of COVID-19 on Market
- Market Capacity, Production, Revenue (Value) by region (2023-2029)
- Passive Infrared Sensors Supply (Production), Consumption, Export, Import by Region (2023-2029)
- Passive Infrared Sensors market Production, Revenue (Value), Price Trend by Type {Payment Gateway, Merchant Account, Subscription Management,}
- Passive Infrared Sensors Manufacturers Profiles/Analysis & Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry Road map and value chain Market Effect Factors Analysis.
Key questions answered
– How feasible is Passive Infrared Sensors market for long-term investment?
– What are influencing factors driving the demand for Passive Infrared Sensors near future?
– What is the impact analysis of various factors in the Passive Infrared Sensors market growth?
– What are the recent trends in the regional Passive Infrared Sensors market and how successful they are?
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