Occupancy Sensor Market by Product Type, Distribution Channel, End User 2024-2032

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.

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1. Global Occupancy Sensor Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved

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3. Report Highlight and Description According to the latest report by IMARC Group, titled  "Occupancy Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,"  the  global occupancy sensor market size reached US$ 2.5 Billion in 2023. Occupancy sensors are motion-activated control devices that can detect the presence of individuals in a particular environment. These devices detect the occupancy of the room by the use of motion-detecting sensors. They automatically alter the lights, temperature and ventilation of the area by turning equipment on or off as per the number of the occupants. Their application aids in achieving automatic control over fans, lights and air conditioners installed in residential as well as commercial spaces while complying with the building codes. They are also employed to enable precise control over lighting solutions in a building and prevent unnecessary usage of energy. Request for a PDF sample of this report: https://www.imarcgroup.com/occupancy-sensor-market/requestsample

4. Report Description Global Occupancy Sensor Market Trends : The global market is primarily driven by the emerging trend of smart cities across the globe. This can be attributed to rapid urbanization, inflating disposable income levels and population growth. In line with this, the development of smart cities has led to the increasing adoption of connected data sensors and advanced technologies to ensure quality environmental development. The installation of occupancy sensors in various establishments aids in reducing energy consumption and reducing light pollution, owing to which there has been a significant increase in their uptake. The rising demand for smart parking assistance across numerous parking lots and the increasing number of government initiatives encouraging the adoption of smart construction are also acting as major growth-inducing factors. Apart from this, there has been a significant increase in the demand for energy-efficient devices across the residential, commercial and industrial segments. Enhanced focus toward sustainable development, the requirement for automation across numerous sectors, the need for efficient triggering sensors and accurate movement detection, and escalating prices of electricity on the global level are providing a thrust to the market growth. Moreover, extensive research and development (R&D) activities, along with the continual launch of improved and innovative product variants, such as image processing occupancy sensors (IPOS) and micro-phonics, are driving the market further. Other factors, including several building codes and standards that require switching off lights and other appliances in public spaces within a timeout setting, and the implementation of sustainable programs in various countries, is creating a positive outlook for the market. Looking forward, the market is anticipated to reach a value of US$ 6.4 Billion by 2032, expanding at a CAGR of 10.7% during 2024-2032. View Report TOC, Figures and Tables : https://www.imarcgroup.com/occupancy-sensor-market

5. Report Segmentation Breakup by Network Type: Wired Wireless   Breakup by Technology: Passive Infrared Ultrasonic Dual Technology Others Breakup by Building Type: Residential Commercial Breakup by Coverage Area: Less Than 89 Degree

6. Report Segmentation 90 Degree-179 Degree 180 Degree-360 Degree Breakup by Application: Lighting Control HVAC Security Surveillance Breakup by Region: North America Europe Asia Pacific Middle East and Africa Latin America

7. Competitive Landscape with Key Players Honeywell International Eaton Corporation Schneider Electric Legrand Acuity Brands Leviton Manufacturing Pammvi Group General Electric Koninklijke Philips N.V. Hubbell Building Automation Texas Instruments Johnson Controls Lutron Electronics

8. Key Questions Answered in the Report

9. Key Questions Answered in the Report

10. Table of Contents 1    Preface 2    Scope and Methodology     2.1    Objectives of the Study     2.2    Stakeholders     2.3    Data Sources         2.3.1    Primary Sources         2.3.2    Secondary Sources     2.4    Market Estimation         2.4.1    Bottom-Up Approach         2.4.2    Top-Down Approach     2.5    Forecasting Methodology 3    Executive Summary 4    Introduction     4.1    Overview     4.2    Key Industry Trends 5 Global Occupancy Sensor Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Breakup by Network Type 5.5 Market Breakup by Technology 5.6 Market Breakup by Building Type 5.7 Market Breakup by Coverage Area 5.8 Market Breakup by Application 5.9 Market Breakup by Region 5.10 Market Forecast 6 Market Breakup by Network Type 6.1 Wired 6.1.1 Market Trends 6.1.2 Market Forecast        

11. Table of Contents 6.2 Wireless 6.2.1 Market Trends 6.2.2 Market Forecast 7 Market Breakup by Technology 7.1 Passive Infrared 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Ultrasonic 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Dual Technology 7.3.1 Market Trends 7.3.2 Market Forecast 7.4 Others 7.4.1 Market Trends 7.4.2 Market Forecast 8 Market Breakup by Building Type 8.1 Residential 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Commercial 8.2.1 Market Trends 8.2.2 Market Forecast 9 Market Breakup by Coverage Area 9.1 Less Than 89 Degree 9.1.1 Market Trends 9.1.2 Market Forecast For more information, visit : https://www.imarcgroup.com/occupancy-sensor-market/toc

12. Partial List of Clients

13. Partial List of Clients

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