Passive Infra-Red (PIR) Occupancy Sensors Market was valued at USD 2.1 Billion in 2022 and is projected to reach USD 5.3 Billion by 2030, growing at a CAGR of 12.0% from 2024 to 2030.
The global Passive Infra-Red (PIR) occupancy sensors market was valued at approximately USD 2.5 billion in 2022. This market has been experiencing robust growth, driven by increasing demand for energy-efficient solutions and smart building technologies. The market is expected to expand at a compound annual growth rate (CAGR) of around 7.2% from 2022 to 2027, reflecting a strong interest in enhancing energy management and reducing operational costs in various sectors. The integration of PIR sensors in lighting systems, HVAC systems, and security applications is further contributing to this growth, with a notable rise in adoption across commercial and residential spaces.
Opportunities in the PIR occupancy sensors market are emerging from several key trends. The increasing emphasis on smart infrastructure and the growing adoption of IoT-enabled devices present significant avenues for market expansion. Additionally, advancements in sensor technology and the development of more sophisticated and versatile PIR sensors are likely to drive future market opportunities. Emerging markets, particularly in the Asia-Pacific region, are witnessing a surge in construction and industrial activities, creating further growth potential for PIR occupancy sensors. These regions are expected to see substantial investment in smart building solutions, which will contribute to the overall market growth.
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Signify
Schneider Electric
Honeywell
GE Current
Johnson Controls
Legrand
Crestron Electronics
Lutron Electronics
Acuity Brands
OPTEX
Leviton Manufacturing Co.
Inc
Enerlites
Hubbell
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Passive Infra-Red (PIR) Occupancy Sensors Market
Residential
Non-residential
Based on Types the Market is categorized into Below types that held the largest Passive Infra-Red (PIR) Occupancy Sensors market share In 2023.
Ceiling Mount Occupancy Sensors
Wall Mount Occupancy Sensors
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Passive Infra-Red (PIR) Occupancy Sensors Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Passive Infra-Red (PIR) Occupancy Sensors Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Passive Infra-Red (PIR) Occupancy Sensors Market, By Type
6. Global Passive Infra-Red (PIR) Occupancy Sensors Market, By Application
7. Global Passive Infra-Red (PIR) Occupancy Sensors Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Passive Infra-Red (PIR) Occupancy Sensors Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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