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The global occupancy sensor market is experiencing a significant growth, and will grow considerably in next few years. Occupancy sensor is an indoor motion detector used to detect the occurrence of person to automatically control lights, temperature, or ventilation systems. It automatically turn off lights in unoccupied spaces, reducing energy costs by reducing energy waste.
Furthermore, occupancy sensors are perfectly suitable for projects that require micro control, as it becomes difficult with scheduling. Occupancy sensors are mostly utilized for security purposes to prevent incidents including vandalism, burglary, and thievery. Moreover, these are used to provide automatic control, comply building codes, and save energy.
The global occupancy sensor market is segmented on the basis of sensor type, technology, application, operation, end user, connectivity, and region. Based on sensor type, the market is categorized into infrared, ultrasonic, RF, and others. Based on application the market is divided into lighting systems, HVAC systems, security & surveillance system, and others.
In terms of technology, the market is divided into passive infrared (PIR), ultrasonic, dual technology, and others. Operation wise, the market is divided into indoor and outdoor operation. On the basis of end user, the market is bifurcated into industrial, commercial, and residential segments. Based on connectivity, the market is separated into wired and wireless. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
The global occupancy sensor market report also analyzes key market players including Murata Manufacturing Co., Ltd., HILLCREST LABS, Honeywell International Inc, Kionix, Inc, SENSINOVA, TE Connectivity Ltd, NXP Semiconductors, STMicroelectronics, Robert Bosch GmbH, TDK Corporation, Eaton, Schneider electric, Signify, Leviton Manufacturing, Legrand, SIEMENS, Alan Manufacturing and others. They have adopted various strategies including new product launches, collaborations, partnerships, mergers & acquisitions, joint ventures, agreements, and others to gain a stronghold and international presence across the world.
Top Impacting Factors
Rapid growth in demand for energy-efficient devices, initiatives and encouraging policies by the government regarding energy savings, and surge in acceptance of lighting controllers in smart homes are the factors driving the growth of the global occupancy sensors market. In addition, the increase in adoption of wireless occupancy sensors fuels the market growth.
However, issues regarding the inconsistency of the wireless network system, less energy savings due to time-out period, lack of awareness regarding the use of occupancy sensors, and false triggering of switch due to sensors hinder the market growth. Moreover, government initiatives for green building, combination of kin-built data connectivity technology with lighting controllers, and advancements in vision-based intelligent occupancy sensor for HVAC system creates innumerable opportunities.
New products that contain improved capabilities have been launched by leading market players. They have taken essential steps to expand the accuracy of devices and general functionality as well. Acuity Brands Lighting launched a new rCMSB wireless battery-powered ceiling mount sensor from nLight. Furthermore, the nLight rCMSB is a modern and small-sized occupancy and daylight room sensor that vanishes into the ceiling space.
The sensor created a networked controls system along with nLight AIR switches and fixture-based controls, which makes it able to fit in numerous spaces including offices, classrooms and conference rooms. Furthermore, the sensor completely fulfills the market demands with its small-sized sensor and lower installing costs along with simplifying the identification and installation in new construction projects. In addition, the rCMSB reduces the number of devices, as it associates a single occupancy along with a light level sensor in one device. Moreover, the nLight wireless solutions’ new sensor makes the installation of networked controls simpler.
Companies are initiating to accomplish the rising demand of energy efficient devices. Check Point systems have unveiled a Smart Occupancy solution. The system aims to help the retailers show in-store occupancy levels and receive alerts in the present time. Furthermore, the solution has been designed with high shrink rates. The solutions aid the retail associates and security guards to identify the number of customers in the store in real-time. This aims to help the manager to organize in an efficient way. In addition, the solution also offers a way to combat risk and prevent theft effectively.
Smart Occupancy precisely tallies the number of customers arriving and departing the store and alerts the staff members when the store reaches maximum capacity. On the other hand, the solution offers the managers to create various zones for individual entry and exit and other purposes. The solutions also offer the managers and employees to access the information online or through in-store tablet and respond in the present time to the occupancy numbers. Moreover, to easily recognize the breach in the store, the Smart Occupancy solution offers color indicators on the tablet for the staff. Red color indicates a higher capacity of the customers, yellow shows threshold to occur, and grey indicates no occupancy alerts required.
This study offers the analytical representation of the global occupancy sensor industry accompanied by the recent trends and future estimations to determine the imminent investment pockets.
The report presents information associated with key drivers, restraints, and opportunities coupled with detailed analysis of the global occupancy sensor market share.
The current market is significantly analyzed to highlight the global occupancy sensor market growth structure.
The report provides a detailed global occupancy sensor market analysis based on competitive strength and predicts forecasts the market
Questions Answered in the Occupancy Sensor Market Research Report:
What are the leading market players active in the occupancy sensor market?
What the current occupancy sensor market trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What are the projections for the future that would help in taking further strategic steps?
Key Market Segments
Key Market Players