The global occupancy sensor market is expected to reach USD 5.20 billion in 2030 from USD 2.75 billion in 2024, at a CAGR of 11.2% during the forecast period. The demand for occupancy sensors is increasing due to the need for high energy efficiency, new releases of smart home technologies, and growing interest in sustainability. It activates lighting systems, heating, ventilation, cooling, and other appliances in a room according to its occupancy to help reduce energy consumption. In addition, the development of smart buildings and independent homes embracing automation systems and increasing demand for energy-efficient solutions is enabling the demand for occupancy sensors in residential, commercial, and industrial spaces.
The key players operating in the occupancy sensor
market — Legrand (France), Johnson Controls Inc (US), Eaton (Ireland),
Honeywell International Inc (US), Schneider Electric (France), Acuity Brands
Inc (US), Signify Holding (Netherland), Hubbell (US), Leviton Manufacturing
Co., Ltd., (US), Lutron Electronics Co Ltd (US), Siemens (Germany), Alan
Manufacturing Inc (US), Enerlites Inc (US), Functional Devices Inc (US),
Pyrotech Electronics Pvt Ltd (India), B.E.G Bruck Electronic GmbH (Germany),
Hager Group (Germany), Crestron Electronics Inc (US), Opex Co Ltd (Japan),
Pressac Communications Limited (UK), Avuity (US), Enocean GmbH (Germany),
IR-TEC International Ltd (Taiwan), Wipro Lighting (India), and Intermatic
Incorporated (US). These players have adopted various growth strategies to
strengthen their occupancy sensor market position. The methods include product
launches, expansions, partnerships, collaborations, and mergers and
acquisitions.
Major Occupancy
Sensor companies include:
- Legrand
(France)
- Johnson
Controls Inc. (US)
- Eaton
(Ireland)
- Honeywell
International Inc. (US)
- Schneider
Electric (France)
- Acuity
Brands Inc. (US)
- Signify
Holding (Netherlands)
- Hubbell
(US)
- Leviton
Manufacturing Co., Ltd. (US)
- Lutron
Electronics Co. Ltd. (US)
Legrand (France)
Legrand designs
and manufactures low-voltage electrical installation and data network systems
for residential, commercial, hospitality, and industrial buildings. The company
offers protection, lighting control, and connectivity solutions in its product
portfolio as well as home and building automation, communication systems, and
industrial products. Its portfolio includes energy distribution, door phones,
cable management, home automation systems, wiring accessories, passive
networking, and lighting management systems. Legrand offers occupancy sensors
under its brand in lighting solutions.
Download
PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=3859894
Johnson Controls Inc (US)
Johnson
Controls empowers companies to build smarter, safer, healthier, and
more sustainable environments. Products offered by Johnson Controls include
solutions that might help improve energy and building operations, lead-acid and
high-performance batteries for hybrid and electric vehicles, and automotive
interior systems for passengers. These are procured through four main business
segments: Building Solutions North America, Building Solutions EME/LA, Building
Solutions Asia Pacific, and Other Products. The Building Solutions unit
designs, sells, installs, and services heating, ventilation, and air
conditioning systems, controls, building management systems, refrigeration,
integrated electronic security, and fire detection and suppression systems. Its
Global Products segment designs, manufactures, and sells HVAC equipment,
controls, software, and services for residential and commercial markets.
Eaton (Ireland)
Eaton Corporation plc
is the intelligent power management company committed for improving the quality
of life and protecting the environment. The company has five business segments:
Electrical Americas, Electrical Systems and Services, Hydraulics, Aerospace and
Vehicle. This makes Eaton offer an extensive variety of products used by
different industries in several countries, including data centers, utilities,
industrial, commercial, machine building, residential, aerospace, and mobility
markets. Eaton is well-positioned to take advantage of the fundamental global
megatrends of electrification, the energy transition, and digitalization.
Growth is further fueled by the reindustrialization of North America and
Europe, a rise in infrastructure investments in clean energy, and the growth of
major projects in North America.
Honeywell International Inc (US)
Honeywell
International, Inc. operates under four business segments categorized under
product and service lines: Aerospace, Honeywell Building Technologies,
Performance Materials and Technologies, and Safety & Productivity
Solutions. Honeywell Building Technologies offers and provides occupancy
sensors and software applications like advanced building control and
optimization with sensors, switches, control systems, as well as instruments
for energy management, fire and safety, access control, video
surveillance, and others. The Aerospace segment provides products for aircraft,
Performance Materials and Technologies that produce high-performance chemicals
and materials, and Safety & Productivity Solutions focuses on safety and
asset performance in working environments.
No comments:
Post a Comment