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Global Occupancy Sensor Market (2022-2027) by Operation, Coverage Area, Building Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

  • ID: 5585643
  • Report
  • March 2022
  • Region: Global
  • 183 Pages
  • Infogence Global Research

FEATURED COMPANIES

  • Acuity Brands Inc
  • Crestron Electronics
  • General Electric
  • Honeywell International
  • Legrand Inc
  • Philips Ltd
The Global Occupancy Sensor Market is estimated to be USD 2.13 Bn in 2022 and is projected to reach USD 3.93 Bn by 2027, growing at a CAGR of 13.01%.



Market dynamics are forces that impact the prices and behaviors of the Global Occupancy Sensor Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Occupancy Sensor Market is segmented based on Operation, Coverage Area, Building Type, and Geography.
  • By Operation, the market is classified into Indoor Operation and Outdoor Operation.
  • By Coverage Area, the market is classified into Less Than 90°, 90–179°, and 180–360°.
  • By Building Type, the market is classified into Residential Buildings and Commercial Buildings.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Acuity Brands Inc, Alan Manufacturing, Brück Electronic, Crestron Electronics, Eaton Corp, Functional Devices, General Electric, General Electric Company, Hager Group, etc.

Countries Studied

America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Occupancy Sensor Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Occupancy Sensor Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Occupancy Sensor Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Occupancy Sensor Market

What is the estimated value of the Global Occupancy Sensor Market?

The Global Occupancy Sensor Market was estimated to be valued at $2.1 Billion in 2022.

What is the growth rate of the Global Occupancy Sensor Market?

The growth rate of the Global Occupancy Sensor Market is 13.0%, with an estimated value of $3.9 Billion by 2027.

What is the forecasted size of the Global Occupancy Sensor Market?

The Global Occupancy Sensor Market is estimated to be worth $3.9 Billion by 2027.

Who are the key companies in the Global Occupancy Sensor Market?

Key companies in the Global Occupancy Sensor Market include Acuity Brands Inc, Alan Manufacturing, Brück Electronic, Crestron Electronics, Eaton Corp, Functional Devices, General Electric, General Electric Company and Honeywell International.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Acuity Brands Inc
  • Crestron Electronics
  • General Electric
  • Honeywell International
  • Legrand Inc
  • Philips Ltd

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Encouraging Government Policies Toward Energy Saving Growing Popularity of Lighting Controllers in Smart Homes
4.1.2 Increasing Popularity of Wireless Occupancy Sensors
4.1.3 Configurable and Programmable Sensors for HVAC Systems
4.2 Restraints
4.2.1 False Triggering of a Switch by Sensors
4.2.2 Inconsistency Issues Related to Wireless Network Systems
4.2.3 Impact of Time-Out Period on Energy Savings
4.3 Opportunities
4.3.1 Expected Incorporation of Lighting Controllers with In-Built Data Connectivity Technology
4.3.2 Promotion of Green Building by Governments
4.3.3 Developments in Vision-Based Intelligent Occupancy Sensor for HVAC System
4.4 Challenges
4.4.1 Lack of Awareness Regarding Benefits of Occupancy Sensors
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Occupancy Sensor Market, By Operation
6.1 Introduction
6.2 Indoor Operation
6.3 Outdoor Operation
7 Global Occupancy Sensor Market, By Coverage Area
7.1 Introduction
7.2 Less Than 90°
7.3 90–179°
7.4 180–360°
8 Global Occupancy Sensor Market, By Building Type
8.1 Introduction
8.2 Residential Buildings
8.3 Commercial Buildings
9 Americas' Global Occupancy Sensor Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas
10 Europe's Global Occupancy Sensor Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe
11 Middle East and Africa's Global Occupancy Sensor Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA
12 APAC's Global Occupancy Sensor Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific
13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements
14 Company Profiles
14.1 Acuity Brands Inc
14.2 Alan Manufacturing
14.3 Brück Electronic
14.4 Crestron Electronics
14.5 Eaton Corp
14.6 Functional Devices
14.7 General Electric
14.8 General Electric Company
14.9 Hager Group
14.10 Honeywell International
14.11 Hubbell Inc
14.12 Johnson Controls
14.13 Legrand Inc
14.14 Lutron Electronics Co. Inc
14.15 OSRAM LICHIT AG
14.16 Pammvi Group
14.17 Philips Ltd
14.18 Pyrotech- Tempsens Group
14.19 Schneider Electric
14.20 Texas Instruments Inc
15 Appendix
15.1 Questionnaire
Note: Product cover images may vary from those shown
  • Acuity Brands Inc
  • Alan Manufacturing
  • Brück Electronic
  • Crestron Electronics
  • Eaton Corp
  • Functional Devices
  • General Electric
  • General Electric Company
  • Hager Group
  • Honeywell International
  • Hubbell Inc
  • Johnson Controls
  • Legrand Inc
  • Lutron Electronics Co. Inc
  • OSRAM LICHIT AG
  • Pammvi Group
  • Philips Ltd
  • Pyrotech- Tempsens Group
  • Schneider Electric
  • Texas Instruments Inc
Note: Product cover images may vary from those shown