The occupancy sensor market is expected to grow at a CAGR of 13.42%, reaching a market size of US$4.144 billion in 2029 from US$2.208 billion in 2024.
Motion detection can be used with these devices to monitor whether a room is occupied or not by utilizing several sophisticated methods such as microwave, radar, ultrasound waves and video image processing. In the presence or absence of a person, these motion sensors automatically facilitate the necessary actions, like turning on or off the HVAC or light systems. The sensors are usually integrated with the IoT network of the building systems for the efficient management of space occupancy and energy conservation.
The technological advancements and innovation of programmable sensors with precise detection and efficient performance have made the working of occupancy sensors possible like never before. The rapid penetration of IoTs and the increasing development of smart homes, smart offices, and smart cities are a few factors that predominantly contribute to the global occupancy sensor market. This market is further segmented based on the types of sensors, end-user sectors, and geographical regions.
Motion detection can be used with these devices to monitor whether a room is occupied or not by utilizing several sophisticated methods such as microwave, radar, ultrasound waves and video image processing. In the presence or absence of a person, these motion sensors automatically facilitate the necessary actions, like turning on or off the HVAC or light systems. The sensors are usually integrated with the IoT network of the building systems for the efficient management of space occupancy and energy conservation.
The technological advancements and innovation of programmable sensors with precise detection and efficient performance have made the working of occupancy sensors possible like never before. The rapid penetration of IoTs and the increasing development of smart homes, smart offices, and smart cities are a few factors that predominantly contribute to the global occupancy sensor market. This market is further segmented based on the types of sensors, end-user sectors, and geographical regions.
Occupancy Sensor Market Drivers:
- The growing investment in the development of smart houses, enterprise buildings, factories, and cities
Occupancy Sensor Market Geographical Outlook
- North America is expected to hold a significant market share in the forecast period.
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- Historical data & forecasts from 2022 to 2029
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
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- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
Key Market Segmentation:
Occupancy sensor market is segmented and analyzed as below:- By Sensor Type
- Passive Infrared
- Ultrasonic
- Dual Technology
- By Application
- Lighting
- HVAC
- Controllers
- Security and Surveillance
- By End-User
- Residential
- Commercial
- Industrial
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Indonesia
- Thailand
- Others
- North America
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. OCCUPANCY SENSOR MARKET BY SENSOR TYPE
6. OCCUPANCY SENSOR MARKET BY APPLICATION
7. OCCUPANCY SENSOR MARKET BY END-USER
8. OCCUPANCY SENSOR MARKET BY GEOGRAPHY
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
10. COMPANY PROFILES
Companies Mentioned
Some of the key companies profiled in this Occupancy Sensor Market report include:- Leviton Manufacturing Company
- Lutron Electronics
- Acuity Brands
- Legrand
- Schneider Electric
- Eaton Corporation (Cooper Industries)
- General Electric Company
- Philips Ltd
- Johnson Controls GmbH
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 145 |
Published | September 2024 |
Forecast Period | 2024 - 2029 |
Estimated Market Value ( USD | $ 2.21 billion |
Forecasted Market Value ( USD | $ 4.14 billion |
Compound Annual Growth Rate | 13.4% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |