Market Share of US Occupancy Sensors Industry
The United States Occupancy Sensors Market is moderately competitive in nature. Product launches, high expense on research and development, partnerships, and acquisitions are the prime growth strategies adopted by the companies in the country to sustain the intense competition.
- July 2021 - Arcline Investment Management, a private equity firm, announced purchasing a majority stake in Dwyer Instruments. The company is a provider in designing and manufacturing sensor and instrumentation solutions for the process automation, HVAC, and building automation markets. The company has 93 active and pending patents and an extensive suite of over 40,000 configurable SKUs, allowing it to service nearly all customer-required applications.
- January 2021 - Eyeris Technologies, Inc. announced a collaboration with Texas Instruments (TI) on an industry-first in-cabin sensing AI solution at the Consumer Electronics Show (CES) 2021, utilizing TI's JacintoTM TDA4 processors and 2D RGB-IR image sensors. Eyeris DNNs are designed to meet functional safety standards, allow for flexible camera placement, and perform efficiently on low-power edge processors. Eyeris' AI algorithm portfolio for in-cabin sensing includes driver monitoring system (DMS) and occupant monitoring system (OMS) features that meet global NCAP standards.
US Occupancy Sensors Market Leaders
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Signify Holding BV
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Texas Instruments Inc
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Schneider Electric SE
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Honeywell Inc
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General Electric Co
*Disclaimer: Major Players sorted in no particular order
