The global occupancy sensor market size is expected to grow at a 13.5% CAGR during the forecast period 2021-2027 and will reach USD 4.1 billion by 2027. The increased demand for energy-efficient devices, increased implementation of lighting controllers ins mart phones, surge in adoption of wireless occupancy sensors, rising demand for passive infrared sensors in several applications like lighting, spectrometers, gas and fire detection system, etc. will drive the growth of the market. Also, they are used for security purposes so as to avoid incidents like vandalism, burglary, and theft. Moreover, the introduction of innovative occupancy sensors for HVAC systems, like microphonics, intelligent occupancy sensors, image processing occupancy sensors, and the new vision-based intelligent occupancy sensor, is driving the occupancy sensor industry forward. Thus, occupancy sensors saves energy, offers automatic control, and comply with building codes.
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The COVID-19 pandemic has impacted almost all the industries owing to disruption in the supply chain, lockdowns, travel restrictions, lack of availability of raw material, temporarily shutdown of manufacturing plants, resulting in a negative impact on the occupancy sensor market.
The global occupancy sensor market is segmented into lighting systems, HVAC systems, security & surveillance systems, and others based on application. The lighting system market segment contributes to the largest share in the occupancy sensor market owing to the rising market demand for energy-efficient devices and initiatives by government to focus on energy saving devices.
North America dominates the global occupancy sensor market owing to the advent of novel occupancy sensors like image processing occupancy sensor (IPOS), intelligent occupancy sensor (IOS), and micro-phonics. Furthermore, the presence of well-established players like Johnson Controls, Actuity Brands, etc., supportive government programs, development of automation in residential and commercial buildings, growth of wireless network infrastructure will accelerate the growth of the market outlook of occupancy sensors in the region.
In February 2021, Acuity Brands, Inc. announced the availability of the Haleon BTPTM fixture integrated occupancy sensors with dimming photocells from SensorSwitchTM. After batch programming, the Haleon BTP has a flashlight wakeup feature that allows the operator to adjust individual or small groups of fixture settings quickly and simply.
The prominent players in the occupancy sensor industry include Legrand, Eaton, Schneider Electric, Signify Holdings, Johnson Controls, ACUITY BRANDS LIGHTING, INC., Lutron Electronics Co., Inc, Leviton Manufacturing Co., Inc., Honeywell International Inc., and Hubbell.
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