Occupancy Sensor Market Growth, Demand and Challenges of the Key Industry Players 2024-32


MARKETRESEARCH

Uploaded on Feb 6, 2024

Category Business

According to the latest research report by IMARC Group, The global occupancy sensor market size reached US$ 2.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.4 Billion by 2032, exhibiting a growth rate (CAGR) of 10.7% during 2024-2032. More Info:- https://www.imarcgroup.com/occupancy-sensor-market

Category Business

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Occupancy Sensor Market Growth, Demand and Challenges of the Key Industry Players 2024-32

Global Occupancy Sensor Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . Accord ing to the l a tes t repor t by IM ARC Group , t i t l ed "Occupancy Sensor Market : G l oba l Indust ry T rends , Share , S ize , Growth , O pportun i ty and Forecast 2024-2032 ," t he g loba l occupancy sensor marke t s i ze reached US$ 2 .5 B i l l i on in 2023 . Report Occupancy sensors a re mo t ion -ac t i va t ed con t ro l dev i ces t ha t can de tec t t he p resence o f i nd iv i dua ls in a par t i cu la r env i r onment . These dev i ces de tec t t he occupancy o f t he room by t he use o f mo t ion -de t ec t i ng sensors . They Highlight and au tomat i ca l l y a l t e r t he l i gh t s , t empera t u re and vent i l a t ion o f t he a rea by tu rn ing equ ipmen t on o r o f f as per t he number o f t he occupan ts . Description The i r app l i ca t ion a ids in ach iev ing au tomat i c con t ro l over f ans , l i gh t s and a i r cond i t i one rs ins t a l led i n res iden t i a l as we l l as commerc ia l spaces wh i le comp ly ing w i th the bu i ld i ng codes . They a re a lso employed to enab le p rec ise con t ro l ove r l i gh t ing so lu t i ons in a bu i ld i ng and preven t unnecessa ry usage o f ene rgy . Request fo r a PDF sample o f th is repor t : ht tps : / / www. imarcgroup .com/occupancy-sensor -marke t / reques t samp le Report Description G l o b a l O c c u p a n c y S e n s o r M a r k e t T r e n d s : T h e g l o b a l m a r k e t i s p r i m a r i l y d r i v e n b y t h e e m e r g i n g t r e n d o f s m a r t c i t i e s a c r o s s t h e g l o b e . T h i s c a n b e a t t r i b u t e d t o r a p i d u r b a n i z a t i o n , i n f l a t i n g d i s p o s a b l e i n c o m e l e v e l s a n d p o p u l a t i o n g r o w t h . I n l i n e w i t h t h i s , t h e d e v e l o p m e n t o f s m a r t c i t i e s h a s l e d t o t h e i n c r e a s i n g a d o p t i o n o f c o n n e c t e d d a t a s e n s o r s a n d a d v a n c e d t e c h n o l o g i e s t o e n s u r e q u a l i t y e n v i r o n m e n t a l d e v e l o p m e n t . T h e i n s t a l l a t i o n o f o c c u p a n c y s e n s o r s i n v a r i o u s e s t a b l i s h m e n t s a i d s i n r e d u c i n g e n e r g y c o n s u m p t i o n a n d r e d u c i n g l i g h t p o l l u t i o n , o w i n g t o w h i c h t h e r e h a s b e e n a s i g n i f i c a n t i n c r e a s e i n t h e i r u p t a k e . T h e r i s i n g d e m a n d f o r s m a r t p a r k i n g a s s i s t a n c e a c r o s s n u m e r o u s p a r k i n g l o t s a n d t h e i n c r e a s i n g n u m b e r o f g o v e r n m e n t i n i t i a t i v e s e n c o u r a g i n g t h e a d o p t i o n o f s m a r t c o n s t r u c t i o n a r e a l s o a c t i n g a s m a j o r g r o w t h - i n d u c i n g f a c t o r s . A p a r t f r o m t h i s , t h e r e h a s b e e n a s i g n i f i c a n t i n c r e a s e i n t h e d e m a n d f o r e n e r g y - e f f i c i e n t d e v i c e s a c r o s s t h e r e s i d e n t i a l , c o m m e r c i a l a n d i n d u s t r i a l s e g m e n t s . E n h a n c e d f o c u s t o w a r d s u s t a i n a b l e d e v e l o p m e n t , t h e r e q u i r e m e n t f o r a u t o m a t i o n a c r o s s n u m e r o u s s e c t o r s , t h e n e e d f o r e f f i c i e n t t r i g g e r i n g s e n s o r s a n d a c c u r a t e m o v e m e n t d e t e c t i o n , a n d e s c a l a t i n g p r i c e s o f e l e c t r i c i t y o n t h e g l o b a l l e v e l a r e p r o v i d i n g a t h r u s t t o t h e m a r k e t g r o w t h . M o r e o v e r , e x t e n s i v e r e s e a r c h a n d d e v e l o p m e n t ( R & D ) a c t i v i t i e s , a l o n g w i t h t h e c o n t i n u a l l a u n c h o f i m p r o v e d a n d i n n o v a t i v e p r o d u c t v a r i a n t s , s u c h a s i m a g e p r o c e s s i n g o c c u p a n c y s e n s o r s ( I P O S ) a n d m i c r o - p h o n i c s , a r e d r i v i n g t h e m a r k e t f u r t h e r . O t h e r f a c t o r s , i n c l u d i n g s e v e r a l b u i l d i n g c o d e s a n d s t a n d a r d s t h a t r e q u i r e s w i t c h i n g o f f l i g h t s a n d o t h e r a p p l i a n c e s i n p u b l i c s p a c e s w i t h i n a t i m e o u t s e t t i n g , a n d t h e i m p l e m e n t a t i o n o f s u s t a i n a b l e p r o g r a m s i n v a r i o u s c o u n t r i e s , i s c r e a t i n g a p o s i t i v e o u t l o o k f o r t h e m a r k e t . L o o k i n g f o r w a r d , t h e m a r k e t i s a n t i c i p a t e d t o r e a c h a v a l u e o f U S $ 6 . 4 B i l l i o n b y 2 0 3 2 , e x p a n d i n g a t a C A G R o f 1 0 . 7 % d u r i n g 2 0 2 4 - 2 0 3 2 . V i e w R e p o r t T O C , F i g u r e s a n d T a b l e s : h t t p s : / / w w w . i m a r c g r o u p . c o m / o c c u p a n c y - s e n s o r - m a r k e t Breakup by Network Type: • Wired • Wireless   Breakup by Technology: • Passive Infrared • Ultrasonic Report • Dual Technology • Others Segmentation Breakup by Building Type: • Residentia l • Commercial Breakup by Coverage Area: • Less Than 89 Degree • 90 Degree-179 Degree • 180 Degree-360 Degree Breakup by Application: • Lighting Control • HVAC Report • Security Survei l lance Segmentation Breakup by Region: • North America • Europe • Asia Pacifi c • Middle East and Afr ica • Latin America • Honeywell International • Eaton Corporation • Schneider Electric • Legrand Competitive • Acuity Brands Landscape • Leviton Manufacturing • with Key Pammvi Group • General Electric Players • Koninkli jke Phi l ips N.V. • Hubbell Building Automation • Texas Instruments • Johnson Controls • Lutron Electronics How big is the global occupancy sensor market? What is the expected growth rate of the global occupancy sensor market during 2024-2032? Key What are the key factors driving the global occupancy sensor market? Questions What has been the impact of COVID-19 on the Answered in global occupancy sensor market? the Report What is the breakup of the global occupancy sensor market based on the network type? What is the breakup of the global occupancy sensor market based on the technology? What is the breakup of the global occupancy sensor market based on the building type? What is the breakup of the global occupancy sensor market based on the application? Key What are the key regions in the global occupancy sensor market? Questions Answered in Who are the key players/companies in the global occupancy sensor market? the Report 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n Table of 2 . 4 . 1 B o t t o m - U p A p p r o a c h 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y Contents 4 I n t r o d u c t i o n 4 . 1 O v e r v i e w 4 . 2 K e y I n d u s t r y T r e n d s 5 G l o b a l O c c u p a n c y S e n s o r M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t B r e a k u p b y N e t w o r k T y p e 5 . 5 M a r k e t B r e a k u p b y T e c h n o l o g y 5 . 6 M a r k e t B r e a k u p b y B u i l d i n g T y p e 5 . 7 M a r k e t B r e a k u p b y C o v e r a g e A r e a 5 . 8 M a r k e t B r e a k u p b y A p p l i c a t i o n 5 . 9 M a r k e t B r e a k u p b y R e g i o n 5 . 1 0 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y N e t w o r k T y p e 6 . 1 W i r e d 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 W i r e l e s s 6 . 2 . 1 Ma r k e t T r e n d s 6 . 2 . 2 Ma r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y T e c h n o l o g y 7 . 1 P a s s i v e I n f r a r e d 7 . 1 . 1 Ma r k e t T r e n d s 7 . 1 . 2 Ma r k e t F o r e c a s t 7 . 2 U l t r a s o n i c 7 . 2 . 1 Ma r k e t T r e n d s 7 . 2 . 2 Ma r k e t F o r e c a s t Table of 7 . 3 D u a l T e c h n o l o g y 7 . 3 . 1 Ma r k e t T r e n d s 7 . 3 . 2 Ma r k e t F o r e c a s t 7 . 4 O t h e r s Contents 7 . 4 . 1 Ma r k e t T r e n d s 7 . 4 . 2 Ma r k e t F o r e c a s t 8 M a r k e t B r e a k u p b y B u i ld i n g T y p e 8 . 1 R e s i d e n t i a l 8 . 1 . 1 Ma r k e t T r e n d s 8 . 1 . 2 Ma r k e t F o r e c a s t 8 . 2 C o m m e r c i a l 8 . 2 . 1 Ma r k e t T r e n d s 8 . 2 . 2 Ma r k e t F o r e c a s t 9 M a r k e t B r e a k u p b y C o v e r a g e A r e a 9 . 1 L e s s T h a n 8 9 D e g r e e 9 . 1 . 1 Ma r k e t T r e n d s 9 . 1 . 2 Ma r k e t F o r e c a s t F o r m o r e i n f o r m a t io n , v i s i t : ht tps : / /www. imarcgroup .com/occupancy-sensor-market / toc Disclaimer © 2023 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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