According to a market report by Lucintel, the future of the occupancy sensor market looks promising with opportunities in the lighting control, HVAC, and security surveillance industries. The occupancy sensor market is expected to grow with a CAGR of 19% from 2019 to 2024. The major drivers for this market are growing demand for energy-efficient devices, encouraging government policies towards energy saving, rising energy prices, and increasing demand for configurable and programmable sensors for HVAC systems.
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In this market, passive infrared, ultrasonic, and dual technology are the major technnology types. PIR-based sensor is the largest segment of the occupancy sensor market. Within the occupancy sensor market, lighting control, HVAC, and security surveillance are the major end use industries. Lighting control in the largest segment for this market.
Wired and wireless are the major network connectivity types of the occupancy sensor market.
North America will remain the largest region over the forecast period due to supportive government plans and programs in the region.
Legrand, Schneider Electric, Acuity Brands, Eaton Corporation, Leviton Manufacturing, Lutron Electronics, Johnson Controls, Honeywell International, Koninklijke Philips, and General Electric are among the major manufacturers of occupancy sensor
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the occupancy sensor market by technology, network connectivity, coverage area, application, building type, operation, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Occupancy Sensor Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the occcupancy sensor market by technology, network connectivity, coverage area, application, building type, operation, and region as follows:
By Technology [$M shipment analysis for 2013 – 2024]:
Passive Infrared
Ultrasonic
Dual Technology
Other Technologies (Microwave, IPOS, and IOS)
By Network Connectivity [$M shipment analysis for 2013 – 2024]:
Wired
Wireless (Wi–Fi, EnOcean, ZigBee, Z–Wave and others)
By Coverage Area [$M shipment analysis for 2013 – 2024]:
Less than 89 Degree
90 Degree–179 Degree
180 Degree–360 Degree
By Application [$M shipment analysis for 2013 – 2024]:
Lighting Control
HVAC
Security Surveillance
By Operation [$M shipment analysis for 2013 – 2024]:
Indoor Operation
Outdoor Operation
By Building Type [$M shipment analysis for 2013 – 2024]:
Residential Buildings
Commercial Buildings
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/occupancy-sensor-market.aspx or helpdesk@lucintel.com.
About Lucintel
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