Passive Infrared Lens Market Summary
According to the new market research report “Global Passive Infrared Lens Market Report 2024-2030”, published by QYResearch, the global Passive Infrared Lens market size is projected to grow from USD 621.98 million in 2024 to USD 959.29 million by 2030, at a CAGR of 7.49% during the forecast period (2024-2030).
- Global Passive Infrared Lens Market Size (US$ Million), 2019-2030
Above data is based on report from QYResearch: Global Passive Infrared Lens Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
- Global Passive Infrared Lens Top 8Players Rankingand Market Share (Ranking is based on the revenue of 2023, continually updated)
Above data is based on report from QYResearch: Global Passive Infrared Lens Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
This report profiles key players of Passive Infrared Lens such as Umicore N.V./S.A., Ningbo Sunny Infrared Technologies Co., Ltd. (Sunny Group), TAMRON Co., Ltd., Ophir Optronics Solutions Ltd., Beijing Lenstech Science & Technology Co., Ltd., North Night Vision Technology Research Institute Group Co., Ltd, Kunming Full-wave Infrared Technology Co., Ltd., LightPath Technologies, Inc., etc.
In 2023, the global top five Passive Infrared Lens players account for 38.43% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Passive Infrared Lens.
- Passive Infrared Lens, Global Market Size, Split by Product Segment
Based on or includes research from QYResearch: Global Passive Infrared Lens Market Report 2024-2030.
In terms of product type, Prime Infrared Lens is the largest segment, hold a share of 69.92%.
- Passive Infrared Lens, Global Market Size, Split by Application Segment
Based on or includes research from QYResearch: Global Passive Infrared Lens Market Report 2024-2030.
In terms of product application, Industrial & Public Safety is the largest application, hold a share of 65.99%.
- Passive Infrared Lens, Global Market Size, Split by Region
Based on or includes research from QYResearch: Global Passive Infrared Lens Market Report 2024-2030.
Market Drivers:
As security awareness increases and security needs increase, especially as urbanization accelerates, the demand for security monitoring equipment has also increased accordingly, thus driving the demand for Passive Infrared Lens.
With the advancement of technology and the expansion of production scale, the manufacturing cost of Passive Infrared Lens has gradually decreased, making infrared technology gradually popularized and its application scope continues to expand.
With the development of emerging technologies and the rise of emerging application fields, such as the rapid development of artificial intelligence, Internet of Things, drones and other fields, the demand for Passive Infrared Lens is also increasing.
Some countries or regions provide policy and regulatory support and encouragement for the development and application of infrared technology, which provides a good policy environment and market environment for the infrared lens industry.
Passive Infrared Lens are widely used in many fields, including security monitoring, medical diagnosis, industrial testing, etc. This multi-field application demand has promoted the development of the infrared lens industry.
The continuous progress and innovation of infrared lens technology are important driving factors for the development of the industry. With the continuous improvement of sensor technology, optical design, image processing algorithms, etc., the performance of Passive Infrared Lens continues to improve, and the application fields continue to expand.
Restraint:
The R&D and production process of Passive Infrared Lens requires the application of knowledge in basic physics, materials, optics, machinery, image processing and other disciplines, and has a high technical content; in addition, it is still in the application expansion stage, and new application markets are constantly emerging. Emerging, product research and development must have a relatively strong technical reserve as a basis to shorten the research and development cycle as much as possible, quickly launch new products that adapt to new market needs, and thus occupy new markets.
The Passive Infrared Lens is a system-integrated product of multiple components. Taping out, packaging, testing, calibration, and inspection run through the entire production process. Therefore, this industry has high process barriers to new entrants.
The technical comprehensiveness of Passive Infrared Lens R&D and production requires that manufacturers need talent reserves in multiple fields, such as specialized packaging and testing personnel, infrared optical system designers, complete system designers, etc. The overall number of domestic R&D personnel for related technologies is relatively small, and it is quite difficult for new entrants to the industry to obtain talents in various related fields at the same time. In addition, it will take many years of practice to gather them, run them together, form a team and develop new products. At the same time, some key process positions also require experienced technical workers to be competent. Therefore, this industry has high talent barriers for new entrants.
In recent years, the global economy has faced changes in trade policies and tightening monetary policies of major economies, deterioration of the local economic environment, and tense geopolitical situations. As the world’s major economy, major consumer market and core link in the world’s industrial chain, the protective trade policies adopted by the United States such as export restrictions and tariff barriers may have a greater adverse impact on many industries around the world.
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