Global Occupancy Sensor Market 2020 (Includes Business Impact of COVID-19)

                                          
“Global Occupancy Sensor Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global occupancy sensor market report has been segmented on the basis of technology, network connectivity, coverage area, application, building type, and region.

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Global Occupancy Sensor Market: Overview

Occupancy sensor controls ventilation, temperature, and light systems in the premises based on detection of person presence. It is a type of motion detection device used in various electronic systems. Occupancy sensor also detects when the space is empty and automatically switches off the systems in the given premises. It is used for partial-on, full-on, or manual-on operations. Various advanced technologies such as passive infrared, ultrasonic, and duel sensing are used in occupancy sensor. Occupancy sensors can be placed on walls, ceilings, walls, and corners. They are commonly used for lighting systems in commercial and residential buildings.

Global Occupancy Sensor Market: Dynamics

Occupancy sensors help to create energy efficient environment as it switches – on and switches – off the lights and other systems when individuals walks-in and walk-out of the room or space respectively. Growing adoption of energy efficient systems to save energy by reducing energy consumption is a major factor driving growth of the global occupancy sensor market. In addition, this system provides convenience as the individuals does not have to walk into the room or unknown place while searching for light switch, is another factor supporting growth of the global market.

Occupancy sensors are small in size and easy to install. It can also be used for wide area applications. It is able to connect to wired as well as wireless communication to control the systems. These are also some of the other factors expected to propel growth of the target market. Furthermore, increasing adoption of wireless technologies among end users and increasing its use for security purposes are also expected to support growth of the global occupancy sensor market in the near future.

However, lack of awareness regarding advantages of occupancy sensors is a factor that could affect demand and restrain growth of the global occupancy sensor market over the forecast period. in addition, limited availability of range of wall mounted occupancy sensor is another factor that may hamper growth of the global market. Nevertheless, growing adoption of HVAC systems and increasing demand for smart home can create high revenue opportunities for players in the target market.

Global Occupancy Sensor Market: Segment Analysis

On the basis of technology, the target market is segmented into ultrasonic, passive infrared, dual technology and others (IOS, IPOS, and Microwave). The passive infrared segment dominates the global market in terms of revenue and expected to maintain its position over the forecast period. Increasing adoption of passive infrared based occupancy sensor, owing to its affordable cost and high energy efficiency is a factor driving growth of the segment in the global market.

Global Occupancy Sensor Market: Regional Analysis

North America is expected to account for significant share in terms of revenue in the global market over the forecast period. Increasing government initiatives for supporting usage of occupancy sensors, is a key factor fueling growth of the target market in countries in the region. Europe is expected to account for second-highest share in terms of revenue in the near future, owing to increasing adoption of energy efficient technologies among consumers.

Global Occupancy Sensor Market Segmentation:

Segmentation by Technology:

Ultrasonic
Passive Infrared
Dual Technology
Others (IOS, IPOS, and Microwave)

Segmentation by Network Connectivity:

Wireless
Wired

Segmentation by Coverage Area:

180 Degree–360 Degree
90 Degree–179 Degree
Less than 89 Degree

Segmentation by Application:

Security Surveillance
Lighting Control
Heating, Ventilation, and Air Conditioning (HVAC)

Segmentation by Building Type:

Commercial Buildings
Residential Buildings