Occupancy Sensor Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024

Description

Persistence Market Research has recently released a comprehensive report on the worldwide Occupancy Sensor Market. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure. This research publication presents exclusive data and statistics outlining the anticipated growth trajectory of the global occupancy sensor market from 2024 to 2031.

Key Insights: Occupancy Sensor Market

Market Size (2024E): US$ 2.6 Bn
Projected Market Value (2031F): US$ 6.1 Bn
Global Market Growth Rate (CAGR 2024 to 2031): 12.3%

Occupancy Sensor Market - Report Scope:

Occupancy sensors are pivotal in modern building automation systems, detecting the presence or absence of occupants in a space to control lighting, HVAC, and security systems efficiently. These sensors employ technologies such as passive infrared (PIR), ultrasonic, and dual-technology mechanisms to enhance energy savings, improve convenience, and bolster security. The occupancy sensor market serves diverse end-users, including residential buildings, commercial offices, industrial facilities, and public infrastructure, offering a wide range of wired and wireless sensor types. The rising demand for energy-efficient solutions, coupled with advancements in sensor technology, drives market growth globally.

Market Growth Drivers:

The global occupancy sensor market is propelled by several key factors, including growing awareness of energy conservation and stringent regulations promoting sustainable building practices. Increasing adoption of smart home technologies and the integration of IoT in building automation systems further fuel the demand for advanced occupancy sensors. Additionally, advancements in sensor capabilities, such as the incorporation of artificial intelligence for predictive analytics, enhance operational efficiency and user experience, supporting market expansion.

Market Restraints:

Despite promising growth, the occupancy sensor market faces challenges related to high installation costs and integration complexities, especially in retrofitting older infrastructure. Limited awareness about the benefits of occupancy sensors in emerging economies and potential privacy concerns associated with advanced sensors hinder widespread adoption. Furthermore, technical issues such as false triggers or sensor malfunctions can affect user confidence, posing challenges for market penetration.

Market Opportunities:

The occupancy sensor market presents significant growth opportunities driven by the development of cost-effective solutions and the growing emphasis on smart cities. Integration with advanced technologies like AI, machine learning, and cloud computing creates avenues for innovation and improved functionality. The expanding application scope of occupancy sensors in healthcare, retail, and transportation sectors further broadens the market potential. Strategic collaborations and investment in R&D will play a crucial role in capturing emerging opportunities and maintaining competitive advantage.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the occupancy sensor market globally?
Which technologies and applications are driving the adoption of occupancy sensors in various industries?
How are advancements in IoT and AI reshaping the competitive landscape of the occupancy sensor market?
Who are the key players contributing to the occupancy sensor market, and what strategies are they employing to sustain growth?
What are the emerging trends and future prospects in the global occupancy sensor market?

Competitive Intelligence and Business Strategy:

Leading players in the global occupancy sensor market, including Legrand, Honeywell International Inc., Johnson Controls, and Schneider Electric, focus on innovation, product differentiation, and strategic partnerships to strengthen their market positions. Companies invest in developing smart, energy-efficient occupancy sensors with AI integration to cater to evolving customer needs. Collaborations with IoT platforms and building automation solution providers facilitate market penetration and enhance technology adoption.

Key Companies Profiled:

Legrand
Honeywell International Inc.
Johnson Controls
Schneider Electric
Acuity Brands, Inc.
Hubbell Incorporated
Lutron Electronics Co., Inc.
Crestron Electronics, Inc.
Texas Instruments
Siemens AG

Market Segmentation

By Type

Wall Mount
Ceiling Mount
Desk

By Connectivity

Wireless
Wired

By Technology

Passive Infrared
Ultrasonic
Dual Technology

Application

Lighting Control
HVAC Systems
Security and Surveillance
Smart Home Automation
Industrial Automation

By Region

North America
Latin America
Europe
Asia Pacific
Oceania
The Middle East and Africa

Product Code: PMRREP35009

1. Executive Summary

1.1. Global Occupancy Sensor Market Snapshot, 2024 and 2031
1.2. Market Opportunity Assessment, 2024 - 2031, US$ Bn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Application Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Macro-Economic Factors
- 2.3.1. Global GDP Growth Outlook
- 2.3.2. Government Spending and Infrastructure Investments
- 2.3.3. Construction Industry Growth
- 2.3.4. Global R&D Expenditure
- 2.3.5. Demand for Smart Homes
2.4. COVID-19 Impact Analysis
2.5. Forecast Factors - Relevance and Impact

3. Value Added Insights

3.1. Regulatory Landscape
3.2. Value Chain Analysis
3.3. PESTLE Analysis
3.4. Porter's Five Force Analysis

4. Price Trend Analysis

4.1. Key Highlights
4.2. Key Factors Impacting Occupancy Sensor Prices
4.3. Pricing Analysis, by Type

5. Global Occupancy Sensor Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

5.1. Global Occupancy Sensor Market Outlook: Type
- 5.1.1. Introduction / Key Findings
- 5.1.2. Historical Market Size (US$ Bn ) and Analysis, By Type, 2019 - 2023
- 5.1.3. Current Market Size (US$ Bn ) and Analysis and Forecast, By Type, 2024 - 2031
  - 5.1.3.1. Wall Mount
  - 5.1.3.2. Ceiling Mount
  - 5.1.3.3. Desk
5.2. Market Attractiveness Analysis: Type
5.3. Global Occupancy Sensor Market Outlook: Connectivity
- 5.3.1. Introduction / Key Findings
- 5.3.2. Historical Market Size (US$ Bn ) Analysis, By Connectivity, 2019 - 2023
- 5.3.3. Current Market Size (US$ Bn ) Analysis and Forecast, By Connectivity, 2024 - 2031
  - 5.3.3.1. Wireless
  - 5.3.3.2. Wired
5.4. Market Attractiveness Analysis: Connectivity
5.5. Global Occupancy Sensor Market Outlook: Technology
- 5.5.1. Introduction / Key Findings
- 5.5.2. Historical Market Size (US$ Bn ) Analysis, By Technology, 2019 - 2023
- 5.5.3. Current Market Size (US$ Bn ) Analysis and Forecast, By Technology, 2024 - 2031
  - 5.5.3.1. Passive Infrared
  - 5.5.3.2. Ultrasonic
  - 5.5.3.3. Dual Technology
  - 5.5.3.4. Others
5.6. Market Attractiveness Analysis: Technology
5.7. Global Occupancy Sensor Market Outlook: Application
- 5.7.1. Introduction / Key Findings
- 5.7.2. Historical Market Size (US$ Bn ) Analysis, By Application, 2019 - 2023
- 5.7.3. Current Market Size (US$ Bn ) Analysis and Forecast, By Application, 2024 - 2031
  - 5.7.3.1. Lighting Control
  - 5.7.3.2. HVAC Systems
  - 5.7.3.3. Security and Surveillance
  - 5.7.3.4. Smart Home Automation
  - 5.7.3.5. Industrial Automation
  - 5.7.3.6. Others
5.8. Market Attractiveness Analysis: Application

6. Global Occupancy Sensor Market Outlook: Region

6.1. Key Highlights
6.2. Historical Market Size (US$ Bn ) and Analysis, By Region, 2019 - 2023
6.3. Current Market Size (US$ Bn ) Analysis and Forecast, By Region, 2024 - 2031
- 6.3.1. North America
- 6.3.2. Europe
- 6.3.3. East Asia
- 6.3.4. South Asia and Oceania
- 6.3.5. Latin America
- 6.3.6. Middle East & Africa
6.4. Market Attractiveness Analysis: Region

7. North America Occupancy Sensor Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

7.1. Key Highlights
7.2. Historical Market Size (US$ Bn ) Analysis, By Market, 2019 - 2023
- 7.2.1. By Country
- 7.2.2. By Type
- 7.2.3. By Connectivity
- 7.2.4. By Technology
- 7.2.5. By Application
7.3. Current Market Size (US$ Bn ) Analysis and Forecast, By Country, 2024 - 2031
- 7.3.1. U.S.
- 7.3.2. Canada
7.4. Current Market Size (US$ Bn ) Analysis and Forecast, By Type, 2024 - 2031
- 7.4.1. Wall Mount
- 7.4.2. Ceiling Mount
- 7.4.3. Desk
7.5. Current Market Size (US$ Bn ) Analysis and Forecast, By Connectivity, 2024 - 2031
- 7.5.1. Wireless
- 7.5.2. Wired
7.6. Current Market Size (US$ Bn ) Analysis and Forecast, By Technology, 2024 - 2031
- 7.6.1. Passive Infrared
- 7.6.2. Ultrasonic
- 7.6.3. Dual Technology
- 7.6.4. Others
7.7. Current Market Size (US$ Bn ) Analysis and Forecast, By Application, 2024 - 2031
- 7.7.1. Lighting Control
- 7.7.2. HVAC Systems
- 7.7.3. Security and Surveillance
- 7.7.4. Smart Home Automation
- 7.7.5. Industrial Automation
- 7.7.6. Others
7.8. Market Attractiveness Analysis

8. Europe Occupancy Sensor Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

8.1. Key Highlights
8.2. Historical Market Size (US$ Bn ) Analysis, By Market, 2019 - 2023
- 8.2.1. By Country
- 8.2.2. By Type
- 8.2.3. By Connectivity
- 8.2.4. By Technology
- 8.2.5. By Application
8.3. Current Market Size (US$ Bn ) Analysis and Forecast, By Country, 2024 - 2031
- 8.3.1. Germany
- 8.3.2. France
- 8.3.3. U.K.
- 8.3.4. Italy
- 8.3.5. Spain
- 8.3.6. Russia
- 8.3.7. Turkey
- 8.3.8. Rest of Europe
8.4. Current Market Size (US$ Bn ) Analysis and Forecast, By Type, 2024 - 2031
- 8.4.1. Wall Mount
- 8.4.2. Ceiling Mount
- 8.4.3. Desk
8.5. Current Market Size (US$ Bn ) Analysis and Forecast, By Connectivity, 2024 - 2031
- 8.5.1. Wireless
- 8.5.2. Wired
8.6. Current Market Size (US$ Bn ) Analysis and Forecast, By Technology, 2024 - 2031
- 8.6.1. Passive Infrared
- 8.6.2. Ultrasonic
- 8.6.3. Dual Technology
- 8.6.4. Others
8.7. Current Market Size (US$ Bn ) Analysis and Forecast, By Application, 2024 - 2031
- 8.7.1. Lighting Control
- 8.7.2. HVAC Systems
- 8.7.3. Security and Surveillance
- 8.7.4. Smart Home Automation
- 8.7.5. Industrial Automation
- 8.7.6. Others
8.8. Market Attractiveness Analysis

9. East Asia Occupancy Sensor Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

9.1. Key Highlights
9.2. Historical Market Size (US$ Bn ) Analysis, By Market, 2019 - 2023
- 9.2.1. By Country
- 9.2.2. By Type
- 9.2.3. By Connectivity
- 9.2.4. By Technology
- 9.2.5. By Application
9.3. Current Market Size (US$ Bn ) Analysis and Forecast, By Country, 2024 - 2031
- 9.3.1. China
- 9.3.2. Japan
- 9.3.3. South Korea
9.4. Current Market Size (US$ Bn ) Analysis and Forecast, By Type, 2024 - 2031
- 9.4.1. Wall Mount
- 9.4.2. Ceiling Mount
- 9.4.3. Desk
9.5. Current Market Size (US$ Bn ) Analysis and Forecast, By Connectivity, 2024 - 2031
- 9.5.1. Wireless
- 9.5.2. Wired
9.6. Current Market Size (US$ Bn ) Analysis and Forecast, By Technology, 2024 - 2031
- 9.6.1. Passive Infrared
- 9.6.2. Ultrasonic
- 9.6.3. Dual Technology
- 9.6.4. Others
9.7. Current Market Size (US$ Bn ) Analysis and Forecast, By Application, 2024 - 2031
- 9.7.1. Lighting Control
- 9.7.2. HVAC Systems
- 9.7.3. Security and Surveillance
- 9.7.4. Smart Home Automation
- 9.7.5. Industrial Automation
- 9.7.6. Others
9.8. Market Attractiveness Analysis

10. South Asia & Oceania Occupancy Sensor Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

10.1. Key Highlights
10.2. Historical Market Size (US$ Bn ) Analysis, By Market, 2019 - 2023
- 10.2.1. By Country
- 10.2.2. By Type
- 10.2.3. By Connectivity
- 10.2.4. By Technology
- 10.2.5. By Application
10.3. Current Market Size (US$ Bn ) Analysis and Forecast, By Country, 2024 - 2031
- 10.3.1. India
- 10.3.2. Southeast Asia
- 10.3.3. ANZ
- 10.3.4. Rest of South Asia & Oceania
10.4. Current Market Size (US$ Bn ) Analysis and Forecast, By Type, 2024 - 2031
- 10.4.1. Wall Mount
- 10.4.2. Ceiling Mount
- 10.4.3. Desk
10.5. Current Market Size (US$ Bn ) Analysis and Forecast, By Connectivity, 2024 - 2031
- 10.5.1. Wireless
- 10.5.2. Wired
10.6. Current Market Size (US$ Bn ) Analysis and Forecast, By Technology, 2024 - 2031
- 10.6.1. Passive Infrared
- 10.6.2. Ultrasonic
- 10.6.3. Dual Technology
- 10.6.4. Others
10.7. Current Market Size (US$ Bn ) Analysis and Forecast, By Application, 2024 - 2031
- 10.7.1. Lighting Control
- 10.7.2. HVAC Systems
- 10.7.3. Security and Surveillance
- 10.7.4. Smart Home Automation
- 10.7.5. Industrial Automation
- 10.7.6. Others
10.8. Market Attractiveness Analysis

11. Latin America Occupancy Sensor Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

11.1. Key Highlights
11.2. Historical Market Size (US$ Bn ) Analysis, By Market, 2019 - 2023
- 11.2.1. By Country
- 11.2.2. By Type
- 11.2.3. By Connectivity
- 11.2.4. By Technology
- 11.2.5. By Application
11.3. Current Market Size (US$ Bn ) Analysis and Forecast, By Country, 2024 - 2031
- 11.3.1. Brazil
- 11.3.2. Mexico
- 11.3.3. Rest of Latin America
11.4. Current Market Size (US$ Bn ) Analysis and Forecast, By Type, 2024 - 2031
- 11.4.1. Wall Mount
- 11.4.2. Ceiling Mount
- 11.4.3. Desk
11.5. Current Market Size (US$ Bn ) Analysis and Forecast, By Connectivity, 2024 - 2031
- 11.5.1. Wireless
- 11.5.2. Wired
11.6. Current Market Size (US$ Bn ) Analysis and Forecast, By Technology, 2024 - 2031
- 11.6.1. Passive Infrared
- 11.6.2. Ultrasonic
- 11.6.3. Dual Technology
- 11.6.4. Others
11.7. Current Market Size (US$ Bn ) Analysis and Forecast, By Application, 2024 - 2031
- 11.7.1. Lighting Control
- 11.7.2. HVAC Systems
- 11.7.3. Security and Surveillance
- 11.7.4. Smart Home Automation
- 11.7.5. Industrial Automation
- 11.7.6. Others
11.8. Market Attractiveness Analysis

12. Middle East & Africa Occupancy Sensor Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

12.1. Key Highlights
12.2. Historical Market Size (US$ Bn ) Analysis, By Market, 2019 - 2023
- 12.2.1. By Country
- 12.2.2. By Type
- 12.2.3. By Connectivity
- 12.2.4. By Technology
- 12.2.5. By Application
12.3. Current Market Size (US$ Bn ) Analysis and Forecast, By Country, 2024 - 2031
- 12.3.1. GCC Countries
- 12.3.2. Egypt
- 12.3.3. South Africa
- 12.3.4. Northern Africa
- 12.3.5. Rest of Middle East & Africa
12.4. Current Market Size (US$ Bn ) Analysis and Forecast, By Type, 2024 - 2031
- 12.4.1. Wall Mount
- 12.4.2. Ceiling Mount
- 12.4.3. Desk
12.5. Current Market Size (US$ Bn ) Analysis and Forecast, By Connectivity, 2024 - 2031
- 12.5.1. Wireless
- 12.5.2. Wired
12.6. Current Market Size (US$ Bn ) Analysis and Forecast, By Technology, 2024 - 2031
- 12.6.1. Passive Infrared
- 12.6.2. Ultrasonic
- 12.6.3. Dual Technology
- 12.6.4. Others
12.7. Current Market Size (US$ Bn ) Analysis and Forecast, By Application, 2024 - 2031
- 12.7.1. Lighting Control
- 12.7.2. HVAC Systems
- 12.7.3. Security and Surveillance
- 12.7.4. Smart Home Automation
- 12.7.5. Industrial Automation
- 12.7.6. Others
12.8. Market Attractiveness Analysis

13. Competition Landscape

13.1. Market Share Analysis, 2023
13.2. Market Structure
- 13.2.1. Competition Intensity Mapping
- 13.2.2. Competition Dashboard
13.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 13.3.1. Honeywell International Inc.
  - 13.3.1.1. Overview
  - 13.3.1.2. Solution Portfolio
  - 13.3.1.3. Key Financials
  - 13.3.1.4. Market Developments
  - 13.3.1.5. Market Strategy
- 13.3.2. Legrand
- 13.3.3. Schneider Electric
- 13.3.4. Acuity Brands Inc.
- 13.3.5. Signify Holding
- 13.3.6. Hubbell Incorporated
- 13.3.7. Johnson Controls Inc.
- 13.3.8. Eaton
- 13.3.9. Leviton Manufacturing Co., Ltd.
- 13.3.10. Lutron Electronics Co., Inc.
- 13.3.11. Dwyer Instruments, Inc.
- 13.3.12. Crestron Electronics, Inc.

14. Appendix

14.1. Research Methodology
14.2. Research Assumptions
14.3. Acronyms and Abbreviations

Occupancy Sensor Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024 - 2031