Occupancy Sensor Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Building Occupancy Sensor Market is Segmented by Network Type (Wired and Wireless), Technology (Ultrasonic, Passive Infrared, and Microwave), Building Type (Residential and Commercial), Application (Lighting Control, HVAC, and Security and Surveillance), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East & Africa). The market sizes and forecasts are provided in terms of value (in USD million) for all the above segments.

Occupancy Sensor Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Occupancy Sensor Industry Overview

The Occupancy Sensor Market is significantly fragmented, and the majority of the players functioning in the market are taking steps to raise their market footprint by concentrating on product diversification. The players are focusing on strengthening their product portfolio with the adoption of several strategies, including new product developments, partnerships, mergers, acquisitions, etc., to gain a competitive edge over other players. Key players in the market studied are Honeywell International, Eaton Corporation, and Legrand Inc.

  • December 2021 - Aqara announced plans to market its next-generation occupancy sensor, the Aqara Human Presence Sensor FP1. This sensor can detect humans with significantly greater accuracy than a normal PIR (Passive Infrared) sensor, which relies on sensing infrared light emitted by objects in its range of vision. The homeowner is provided a more precise picture of occupancy by using 60GHz millimeter wave technology.
  • October 2021 - Wozart, an India-based Smart Home tech business, introduced its latest product designed to connect with Apple HomeKit. The Sense Pro multi-sensor is designed to perform similarly to an occupancy sensor while also providing a number of other features. Thermal imaging focuses on the heat emitted by inhabitants in the room rather than motion, so you can sit motionlessly and still be recognized as being in the room.

Occupancy Sensor Market Leaders

  1. Honeywell International

  2. Eaton Corporation

  3. Legrand Inc.

  4. Schneider Electric

  5. Philips Ltd

  6. *Disclaimer: Major Players sorted in no particular order
Occupancy Sensor Market