Global Occupancy and Vacancy Sensor Market Growth 2023-2029

Global Occupancy and Vacancy Sensor Market Growth 2023-2029

The global Occupancy and Vacancy Sensor market size is projected to grow from US$ 608.5 million in 2022 to US$ 1267.1 million in 2029; it is expected to grow at a CAGR of 11.0% from 2023 to 2029.

United States market for Occupancy and Vacancy Sensor is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Occupancy and Vacancy Sensor is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Occupancy and Vacancy Sensor is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Occupancy and Vacancy Sensor players cover Signify, Schneider Electric, Honeywell, GE Current, Johnson Controls, Legrand, Crestron Electronics, Lutron Electronics and Acuity Brands, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

An occupancy and vacancy sensor is a sensor that can detect the presence or absence of people or objects inside a specific area, and is often used to monitor the usage situation in a room, office, etc. to facilitate energy saving and management. The use of sensors can detect the existence or movement of objects through infrared, ultrasonic, microwave, etc., so as to realize functions such as automatic switching of lights and adjustment of air conditioners.

LPI (LP Information)' newest research report, the “Occupancy and Vacancy Sensor Industry Forecast” looks at past sales and reviews total world Occupancy and Vacancy Sensor sales in 2022, providing a comprehensive analysis by region and market sector of projected Occupancy and Vacancy Sensor sales for 2023 through 2029. With Occupancy and Vacancy Sensor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Occupancy and Vacancy Sensor industry.

This Insight Report provides a comprehensive analysis of the global Occupancy and Vacancy Sensor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Occupancy and Vacancy Sensor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Occupancy and Vacancy Sensor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Occupancy and Vacancy Sensor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Occupancy and Vacancy Sensor.

This report presents a comprehensive overview, market shares, and growth opportunities of Occupancy and Vacancy Sensor market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Passive Infra-red (PIR) Sensor
Infrared Time-of-flight (ToF)Sensor
Infrared Array Sensor
Ultrasonic Sensor
Microwave Sensor

Segmentation by application
Office
Hospital
Storehouse
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Signify
Schneider Electric
Honeywell
GE Current
Johnson Controls
Legrand
Crestron Electronics
Lutron Electronics
Acuity Brands
OPTEX
Leviton Manufacturing Co., Inc
Enerlites
Hubbell
ATSS

Key Questions Addressed in this Report

What is the 10-year outlook for the global Occupancy and Vacancy Sensor market?

What factors are driving Occupancy and Vacancy Sensor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Occupancy and Vacancy Sensor market opportunities vary by end market size?

How does Occupancy and Vacancy Sensor break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.