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Global Occupancy Sensors Market Growth, Trends, and Forecasts (2020-2026)

Global Occupancy Sensor Market is segmented by Network Type (Wired, Wireless), By Technology (Ultrasonic, Passive Infrared, Microwave), By Building Type (Residential, Commercial), By Application (Lighting Control, HVAC, Security and Surveillance, Other Applications) and By Region

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Market Snapshot

Global Occupancy Sensor market is poised to report a 12.65% during 2020-2026. Increasing popularity of smart homes and energy efficient lighting systems across the world will help in the growth of the occupancy sensor market over the coming years. In 2019, Eaton has launched Trellix connected lighting platform, which is an open IoT platform and infrastructure that connects intelligent sensors to help capture data on energy consumption across industries such as healthcare, manufacturing, commercial offices, education, hospitality, and retail.

Market Overview

Global Occupancy Sensor market is improving owing to increasing demand for energy-efficient devices and favorable government policies regarding energy saving as well as the development of accurate and efficient sensors that can be configured and programmed for HVAC systems.

The increasing degree of urbanization, as well as the growing need for automation in manufacturing facilities acts as opportunities for growth of the market in future. Need for substantial R&D investments by occupancy sensor companies are restraining the growth of the market. Also, irregularity concerns associated with a wireless network system and are hindering the overall growth of the market.

The HVAC systems play a vital role in modern buildings as they improve the building operations but also costly to operate. They also consume a significant amount of energy and hence this increases to need for an automated solution that can enhance the operations while potentially reducing energy consumption.

The demand in North America is mainly driven by a higher focus on innovations and advancements in occupancy sensors, such as image processing occupancy sensor (IPOS), intelligent occupancy sensor (IOS), and micro-phonics.

The largest industry of occupancy sensors is the residential and commercial building industry, due to a massive growth in the construction sector in this region. The technology has a major role to play in this sector, due to the cost-effective matrix.

The United States is leading the market, owing to the developments in various sectors, such as commercial and residential, and increase in the rise of wireless network infrastructure. Similarly, the growing demand for HVAC systems in the US region is anticipated to play a crucial role in this market.

Competitive Landscape

Porter Five Forces Analysis

Major Players

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Table of Contents

1. Research Methodology and Scope

2. Executive Summary

3. Impact of COVID-19 on the Occupany Sensors Market

4. Market Dynamics

        4.1 Drivers

        4.2 Restraints

        4.3 Porters Five Forces Analysis

5. Competitive Landscape

        5.1 Key Strategies Adopted by Major Companies

6. Occupany Sensors Market Segmentation by Network Type

        6.1 Wired

        6.2 Wireless

7. Occupany Sensors Market Segmentation by Technology Type

        7.1 Ultrasonic

        7.2 Passive Infrared

        7.3 Microwave

8. Occupany Sensors Market Segmentation by Application

        8.1 Light Control

        8.2 HVAC

        8.3 Security and Surveillance

        8.3 Others

9. Occupany Sensors Market by Geography

        9.1 North America

                 9.1.1 United States

                 9.1.2 Canada

                 9.1.3 Mexico

        9.2 Europe

                 9.2.1 United Kingdom

                 9.2.2 France

                 9.2.3 Italy

                 9.2.4 Germany

                 9.2.5 Rest of Europe

        9.3 Asia-Pacific

                 9.3.1 China

                 9.3.2 India

                 9.3.3 Japan

                 9.3.4 Australia

                 9.3.5 Rest of Asia-Pacific

        9.4 South America

                 9.4.1 Brazil

                 9.4.2 Rest of South America

        9.5 Middle East and Africa

10. Occupany Sensors Company Profiles

        10.1 Legrand

        10.2 Schneider Electric

        10.3 Eaton

        10.4 Signify

        10.5 Johnson Controls

        10.6 Acuity Brands

        10.7 Leviton Manufacturing

        10.8 Lutron Electronics

        10.9 Honeywell

        10.10 Hubbell Incorporated

11. Appendix

Research Methodology

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Global Occupancy Sensors Market Growth, Trends, and Forecasts (2020-2026)
Global Occupancy Sensors Market Growth, Trends, and Forecasts (2020-2026)
Included in this report
Industry Financial Ratios
Revenue Forecasts
Historical & Forecast Growth
Industry Market Size
Industry Major Players
Profitability analysis
SWOT Analysis
Industry Trends
Industry Operating Conditions
Porter's 5 Forces Analysis
Countries Available
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