South Korea Occupancy Sensors Market - By Technology , Trends, Forecast - 2017 - 2022

  • ID: 4389945
  • Report
  • Region: South Korea
  • 84 pages
  • Mordor Intelligence
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South Korea's occupancy sensors market is expected to increase to USD XX billion by 2022 at a CAGR of XX% over the period 2017-2022. The major trend driving South Korea's occupancy sensors market is the increasing need for conservation of energy and environmental sustainability. The proliferation of advanced electronic control systems has made sensors more accurate and reliable while increasing the response time, robustness, communications capabilities, and efficiency.

South Korea Occupancy Sensors Market-Market Dynamics

The continuous innovations and investments in R&D to meet the changing consumer preferences have led to improved fabrication techniques and enhanced sensing abilities at lower costs, driving market growth. This research report covers different technologies used such as ultrasound, PIR and microwave, among others that are witnessing rapid technological developments.


Some of the major factors augmenting South Korea's occupancy sensors market are rapid technological developments like configurable and programmable sensors for HVAC systems, and governmental regulations. The development of more accurate and efficient sensors will help the occupancy sensors market grow.


Technological improvements have increased the robustness and scope of application of sensors but reluctance from end-users in employing new innovations due to concerns over false triggers is a major challenge for the sensors market.

South Korea's occupancy sensors market is segmented on the basis of type (wired & wireless), technology (passive infrared and microwave), and industry (residential, offices, hotels, healthcare, educational, and others).

This report gives a detailed Porter's five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. The report also covers the market landscape of these players, which includes the key growth strategies and competition analysis. The key trends that impact the industry are also covered and over 10 leading suppliers of the occupancy sensors market are profiled.

This Report Offers:

Market definition for South Korea's occupancy sensors along with the identification of key drivers and restraints for the market.

Market analysis for South Korea's occupancy sensors market, with region-specific assessments and competition analysis on a regional scale.

Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence the market on a regional scale.

Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.

Identification and analysis of the macro and micro factors that affect South Korea's occupancy sensors market on a regional scale.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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1. Introduction
1.1 Key Deliverables of the study
1.2 Study Assumptions
1.3 Market Definition
1.4 Key findings of the study
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Demand for energy-efficient devices
4.2.2 Favorable government policies regarding energy savings
4.2.3 Rising demand from real estate sector
4.3 Market Restraints
4.3.1 Incompatible with wireless network systems
4.4 Opportunities in the Occupancy sensors market
4.5 Industry Value-Chain Analysis
4.6 Industry Attractiveness – Porter's Five Forces
4.6.1 Bargaining Power of Suppliers
4.6.2 Bargaining Power of Consumers
4.6.3 Threat of New Entrants
4.6.4 Threat of Substitute products or services
4.6.5 Competitive Rivalry among Existing competitors
5. South Korea Occupancy Sensors Market - Segmented by Type
5.1 Wireless
5.2 Wired
6. South Korea Occupancy Sensors Market - Segmented by technology
6.1 Ultrasonic
6.2 Passive Infrared
6.3 Microwave
7. South Korea Occupancy Sensors Market - Segmented by Application
7.1 Residential
7.2 Offices
7.3 Hotels
7.4 Healthcare
7.5 Educational
7.6 Others
8. Key Vendors in South Korea
9. Investment Analysis
9.1 Recent Mergers and Acquisitions
9.2 Investment Opportunities
10. Future of Occupancy Sensors Market
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