This industry research report presents a detailed segmentation of the global occupancy sensor market by type (PIR and ultrasonic sensors), by application (residential and commercial, industrial manufacturing, smart home, automotive, and others), and by geography (the Americas, APAC, and EMEA). Leading vendors in this market are Acuity Brands, GE, Legrand, and Schneider Electric.
Technavio’s market research analysts estimate the global occupancy sensor market to grow at a CAGR of 12% between 2016 and 2020. The market for occupancy sensors is driven by increasing demand for energy-efficient devices, growing need for automation in manufacturing facilities, and increasing defense expenditures in several countries. The ability of these sensors to improve accuracy, ensure safety, and increase functionality and efficiency, along with the advent of wireless technology and an upgrade from conventional sensing technology, will result in significant demand for occupancy sensors. The Americas is the largest market for occupancy sensors, owing to the growing use of occupancy sensors in smart homes.
The new market research report from Technavio provides a breakdown and analysis of the occupancy sensors segments by technology.
“The demand for energy is on the rise and power companies are struggling to meet consumer demand. Conserving power and turning off lights and appliances when they are not in use is a good way to reduce carbon emissions. Automation and using smart sensors is helping companies and individuals save a lot of money on their energy bills and also extend the life of their machinery and equipment. Automation is becoming quite a common feature in daily life as well with offices and homes using smart sensor technology,” says Asif Ghani, Lead Analyst, Semiconductor, Technavio Research
Occupancy sensors use a few different technologies to detect whether a person or people are in a room with the help of passive infrared or ultrasonic sensors. Regardless of the type of sensor, lights get turned on when a person enters a room. PIR sensors detect body heat within a specific field and activate lighting. These are very effective in small spaces. The extensive use of PIR sensors for lighting and security applications in the residential, commercial, and industrial sectors will lead to its steady growth during the predicted period. PIR sensors will dominate the market by usage and account for a share of around 77% by 2020.
The key vendors in the global occupancy sensor market include Acuity Brands, GE, Legrand, and Schneider Electric. Globally, the level of competition is quite intense among the key vendors in the occupancy sensor market. The demand for sensors is highest in the industrial sector where automation and sensors can help to save a lot of money on energy and streamline the manufacturing process.
A more detailed analysis is available in the Technavio report, Global Occupancy Sensor Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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