Global Occupancy Sensors Market Research Report 2017 – Forecasts to 2023: Key Players are Leviton Manufacturing Company, Lutron Electronics, Acuity Brands, Legrand, and Schneider Electric – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Occupancy
Sensors Market – Industry Trends, Opportunities and Forecasts to 2023"
report has been added to ResearchAndMarkets.com's
offering.

The Occupancy Sensor Market is expected to witness a CAGR of 13.72% over
the forecast period, to grow to US$5.317 billion by 2023, increasing
from US$2.795 billion in 2018

Occupancy Sensor detects the occupancy of the space and performs
necessary actions like turning the lighting or HVAC (Heating,
Ventilation, and Air Conditioner) systems on or off, automatically.
Increasing awareness regarding energy conservation is increasing the
application of these sensors in various smart homes and commercial
buildings. The long-term cost benefits offered by these sensors on
account of reduced energy wastage and longer life of systems, along with
the excellent user experience offered by these advanced systems, is a
major factor responsible for the market growth.

The rapid growth of the automotive industry in many regions is fuelling
the adoption of many new and advanced technologies by the automakers to
provide a better experience for car occupants. This has increased the
application of occupancy sensors in this industry, thereby contributing
to market growth.

Continuous advancements in technologies are improving the sensing
abilities and overall performance of these sensors, which will continue
to drive their adoption among end-user industries over the forecast
period. Americas hold the largest share in the global occupancy sensor
market owing to the early adoption of this technology in North America.
The Asia-Pacific is expected to show the highest CAGR over the projected
period, owing to the rapid growth of end-user industries in this region,
which will drive with them the market for occupancy sensors.

The competitive intelligence and company profiles sections deal with
major players in the market, their market shares, growth strategies,
products, financials, and recent investments, among others.

Key industry players profiled as part of this section are Leviton
Manufacturing Company, Lutron Electronics, Acuity Brands, Legrand, and
Schneider Electric, among others.

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

4.1. Segmentations

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Supplier Outlook

4.6. Industry Outlook

4.7. Porter's 5 Forces Analysis

4.8. Industry Value Chain Analysis

5. Occupancy Sensor Market Forecast by Sensor Type (US$ billion)

5.1. Passive Infrared

5.2. Ultrasonic

5.3. Dual Technology

6. Occupancy Sensor Market Forecast by Application (US$ billion)

6.1. Lighting

6.2. HVAC

6.3. Security and Surveillance

6.4. Others

7. Occupancy Sensor Market Forecast by End-User (US$ billion)

7.1. Residential

7.2. Commercial

7.3. Industrial

8. Occupancy Sensor Market Forecast by Geography (US$ billion)

9. Competitive Intelligence

9.1. Market Share Analysis

9.2. Investment Analysis

9.3. Recent Deals

9.4. Strategies of Key Players

10. Company Profiles

• Leviton Manufacturing Company
• Lutron Electronics
• Acuity Brands
• Legrand
• Schneider Electric
• Cooper Industries
• Eaton Corporation plc
• General Electric Company

For more information about this report visit https://www.researchandmarkets.com/research/dlsrw2/global_occupancy?w=4

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Related
Topics: Sensors,
Motion
Sensors