Semiconductors and Electronics

Request for TOC Request for Sample
BUY NOW

Global Intelligent Occupancy Sensor Market - Industry Trends and Forecast to 2029

Semiconductors and Electronics | Upcoming Report | Apr 2022 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

Global Intelligent Occupancy Sensor Market, By Operation (Indoor Operation, Outdoor Operation), Coverage Area (Less Than 89°, 90–179°, 180–360°), Building Type (Residential Buildings, Commercial Buildings), Network Connectivity (Wired Network, Wireless Network), Application (Lighting Systems, HVAC Systems, Security and Surveillance Systems, Others) – Industry Trends and Forecast to 2029


Market Analysis and Size

Occupancy sensor is being widely used for saving energy, providing automatic control, and complying with building codes, among other such applications. The passive infrared is one of the most-used technologies among the occupancy sensors.

Global Intelligent Occupancy Sensor Market was valued at USD 2.53 billion in 2021 and is expected to reach USD 24.91 billion by 2029, registering a CAGR of 33.10% during the forecast period of 2022-2029. Wireless network is expected to witness high growth in the network connectivity owing to the easy compatibility with other wireless controls and devices. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

Occupancy sensors, also known as vacancy sensors, refer to the devices that are utilized for turning equipment on or off in accordance with the occupancy of the room. These are considered indoor detecting mechanisms that can assist in sensing the presence of individuals in a specific location, ventilation and lights within the area.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Operation (Indoor Operation, Outdoor Operation), Coverage Area (Less Than 89°, 90–179°, 180–360°), Building Type (Residential Buildings, Commercial Buildings), Network Connectivity (Wired Network, Wireless Network), Application (Lighting Systems, HVAC Systems, Security and Surveillance Systems, Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).

Market Players Covered

Legrand. (France), Schneider Electric (France), Eaton (Ireland), Johnson Controls. (Ireland), ACUITY BRANDS LIGHTING, INC. (US), Leviton Manufacturing Co., Inc. (US), Lutron Electronics Co., Inc. (US), Honeywell International Inc. (US), Hubbell. (US), Texas Instruments Incorporated. (US), OSRAM GmbH. (Germany), Siemens (Germany), Enerlites, Inc. (US), Pyrotech Electronics Pvt. Ltd. (India), Hager Ltd (Germany), Crestron Electronics, Inc. (US), among others

Market Opportunities

  • Increase in demand for passive infrared due to the low cost
  • Rise in demand of lighting controllers in smart homes
  • Increase in demand for energy-efficient devices

Intelligent Occupancy Sensor Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • Increase in Smart Homes

The rise in demand of lighting controllers in smart homes acts as one of the major factors driving the growth of intelligent occupancy sensor market. Also, the prevalence of programmable sensor for HVAC system and wireless occupancy sensor has a positive impact on the market.

  • Demand for Energy-Efficient Devices

The increase in demand for energy-efficient devices accelerate the market growth. The implementation of favourable government regulations and policies associated with energy saving assist in the expansion of the market.

  • Demand for Passive Infrared

The increase in demand for passive infrared due to the low cost further influence the market. These sensors are used in wide range of applications, such as spectrometers, lighting, and gas and fire detection systems, among others.

Additionally, rapid industrialization, surge in investments and development of manufacturing sectors positively affect the intelligent occupancy sensor market.

Opportunities

Furthermore, incorporation of lighting controllers with in-built data connectivity technology and promotion of green building by governments extends profitable opportunities to the market players in the forecast period of 2021 to 2029. Also, developments in vision-based intelligent occupancy sensor for HVAC system will further assist in the expansion of the market.

Restraints/Challenges

On the other hand, false triggering of a switch by sensors and inconsistency issues related to wireless network systems are expected to obstruct market growth. Also, lack of awareness regarding benefits of occupancy sensors are projected to challenge the intelligent occupancy sensor market in the forecast period of 2022-2029.

This intelligent occupancy sensor market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on intelligent occupancy sensor market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Intelligent Occupancy Sensor Market

COVID-19 has a major impact on the intelligent occupancy sensor market. The factories in several countries witnessed shut downs in the initial stages of the pandemic as the government’s implemented strict lockdowns in order to prevent the spread of the virus. In the post-pandemic, the lockdowns are being lifted and restrictions are being eased. Numerous companies were allowed to resume factory operations but at a limited capacity that use intelligent occupancy sensor after the pandemic. The intelligent occupancy sensor market is expected to gain its pace in the post-pandemic scenario owing to the easing on the restrictions.

Recent Developments

  • Eaton launched Trellix connected lighting platform in May’2019. Trellix is known to be an open IoT platform and infrastructure that connects intelligent sensors for capturing data on energy consumption across industries such as manufacturing, education, healthcare, and commercial offices, among others.
  • American Industrial Partners acquired General Electrics’ Current division in May’2019. Until the transition gets completed, the American Industrial Partners will continue to sell the products under the brand name of General Electric.

Global Intelligent Occupancy Sensor Market Scope and Market Size

The intelligent occupancy sensor market is segmented on the basis of operation, coverage area, building type, application, and network connectivity. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Operation

  • Indoor Operation
  • Outdoor Operation

Coverage Area

  • Less Than 89°
  • 90–179°
  • 180–360°

Application

  • Lighting Systems
  • HVAC Systems
  • Security and Surveillance Systems
  • Others

Building Type

  • Residential Buildings

    • Independent Homes
    • Apartments

  • Commercial Buildings

    • Office Buildings
    • Education Buildings
    • Industrial Buildings
    • Healthcare Buildings
    • Others

Network Connectivity

  • Wired Network
  • Wireless Network

    • Enocean
    • Wi-Fi
    • Zigbee
    • Z-Wave

Others

Intelligent Occupancy Sensor Market Regional Analysis/Insights

The intelligent occupancy sensor market is analyzed and market size insights and trends are provided by country, operation, coverage area, building type, application, and network connectivity as referenced above.

The countries covered in the intelligent occupancy sensor market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).

North America dominates the intelligent occupancy sensor market because of the increase in number of product innovation and advancement along with rising application in residential and commercial building industry.

Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 because of the increased construction activity in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Intelligent Occupancy Sensor Market

The intelligent occupancy sensor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to intelligent occupancy sensor market.

Some of the major players operating in the intelligent occupancy sensor market are

  • Legrand. (France)
  • Schneider Electric (France)
  • Eaton (Ireland)
  • Johnson Controls. (Ireland)
  • ACUITY BRANDS LIGHTING, INC. (US)
  • Leviton Manufacturing Co., Inc. (US)
  • Lutron Electronics Co., Inc. (US)
  • Honeywell International Inc. (US)
  • Hubbell. (US)
  • Texas Instruments Incorporated. (US)
  • OSRAM GmbH. (Germany)
  • Siemens (Germany)
  • Enerlites, Inc. (US)
  • Pyrotech Electronics Pvt. Ltd. (India)
  • Hager Ltd (Germany)
  • Crestron Electronics, Inc. (US)


SKU-

Table of Content

Please fill in the below form for detailed Table of Content

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country

List of Table

Please fill in the below form for detailed List of Table

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country

List of Figure

Please fill in the below form for detailed List of Figure

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country

View Infographics

Please fill in the below form for detailed Infographics

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country
CHOOSE LICENCE TYPE
  • 7000.00
  • 4800.00
  • 3200.00
  • 8000.00
  • 15000.00
Why Choose Us
Unlocking New Opportunities on this Report Post Covid-19