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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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
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.
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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 f or 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
How big is the global occupancy sensor market?
What is the expected growth rate of the global occupancy
sensor market during 2024-2032?
What are the key factors driving the global occupancy sensor
market?
What has been the impact of COVID-19 on the global
occupancy sensor market?
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?
9. Key Questions
Answered in
the Report
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?
What are the key regions in the global occupancy sensor
market?
Who are the key players/companies in the global occupancy
sensor market?
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 Netw ork Type
6.1 W ired
6.1.1 Market Trends
6.1.2 Market Forecast
11. Table of
Contents
6.2 W ireless
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
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