Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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2022 –2029 |
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USD 2.53 Billion |
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USD 24.91 Billion |
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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
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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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).
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Market Players Covered
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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
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Market Opportunities
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This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
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.
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.
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 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
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
Coverage Area
Application
Building Type
Network Connectivity
Others
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.
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
SKU-
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Intelligent Occupancy Sensor Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Intelligent Occupancy Sensor Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
The market is segmented based on , 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 .
The Global Intelligent Occupancy Sensor Market size was valued at USD 2.53 USD Billion in 2021.
The Global Intelligent Occupancy Sensor Market is projected to grow at a CAGR of 33.1% during the forecast period of 2022 to 2029.
The major players operating in the market include Legrand. , Schneider Electric , Eaton , Johnson Controls. , ACUITY BRANDS LIGHTINGInc. , Leviton Manufacturing Co.Inc. , Lutron Electronics Co.Inc. , Honeywell International Inc. , Hubbell. , Texas Instruments Incorporated. , OSRAM GmbH. , Siemens , EnerlitesInc. , Pyrotech Electronics Pvt. Ltd. , Hager Ltd , Crestron ElectronicsInc. , .
The market report covers data from the 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)..
