Occupancy Sensor Market Research Report

 

Global Occupancy Sensor Market Size, Share, Growth Opportunities 2021-2028

 

The GMI Research forecasts that the Occupancy Sensor Market is witnessing an upsurge in demand over the forecast period. This is mainly due to increasing infrastructure projects for smart city with strategic government initiatives, mounting demand for energy-effective devices and implementation of a communication and video surveillance infrastructure.

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Introduction of the Occupancy Sensor Market

Occupancy Sensor refers to the indoor motion detection mainly employed to recognise the prevalence of a person or things to control temperature, lights, and ventilation systems automatically. It has extensive range of applications such as improving the safety of the home and commercial spaces and decreasing the energy requirement for lights in empty spaces.

Key Players of the Global Occupancy Sensor Market:

·        General Electric

·        Huawei

·        EATON

·        Schneider Electric

·        Johnson Controls

·        LEGRAND INC.

·        LUTRON ELECTRONICS, INC.

·        HUBBELL INCORPORATED

·        Honeywell

·        Siemens

·        ACUITY BRANDS

·        PHILIPS LTD

·        Texas Instruments Incorporated

Occupancy Sensor Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

The global occupancy sensor market is experiencing a notable demand mainly because of the aggravating demand for verification and supervision systems to certify public security and the surging implementation of camera, communication, and video surveillance. For example, in 2019, nearly 770 million cameras were accommodated across the world, with 54% of in China. These sensors help monitor the cameras to fortify the video motion detectors to identify movement, the sound of an alarm, and motion to switch on lights. Furthermore, the escalating demand for smart homes and the favourable government initiatives concerning infrastructural projects for a smart city are further driving the occupancy sensor market share. The Indian Government launched two programs which included 'Smart Cities Mission' and 'Atal' with an initial investment of approximately US$ 7.513 billion to rejuvenate the transformation in the Urban sector and the modernization of 500 existing cities in India.

Occupancy Sensor Market Segmentation:

Segmentation by Technology

·        Microwave

·        Ultrasonic

·        Passive Infrared

Segmentation by Network Type

·        Wireless

·        Wired

Segmentation by Building Type

·        Commercial

·        Residential

Segmentation by Application

·        Lighting Systems

·        Security & Surveillance

·        HVAC Systems

·        Others

Segmentation by Region:

·        North America

o   United States of America

o   Canada

 

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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