Occupancy Sensor Market

Occupancy Sensor Companies - Legrand (France) and Johnson Controls Inc (US) are the Key Players

The global occupancy sensor market is expected to reach USD 5.20 billion in 2030 from USD 2.75 billion in 2024, at a CAGR of 11.2% during the forecast period. The demand for occupancy sensors is increasing due to the need for high energy efficiency, new releases of smart home technologies, and growing interest in sustainability. It activates lighting systems, heating, ventilation, cooling, and other appliances in a room according to its occupancy to help reduce energy consumption. In addition, the development of smart buildings and independent homes embracing automation systems and increasing demand for energy-efficient solutions is enabling the demand for occupancy sensors in residential, commercial, and industrial spaces.

The key players operating in the occupancy sensor market — Legrand (France), Johnson Controls Inc (US), Eaton (Ireland), Honeywell International Inc (US), Schneider Electric (France), Acuity Brands Inc (US), Signify Holding (Netherland), Hubbell (US), Leviton Manufacturing Co., Ltd., (US), Lutron Electronics Co Ltd (US), Siemens (Germany), Alan Manufacturing Inc (US), Enerlites Inc (US), Functional Devices Inc (US), Pyrotech Electronics Pvt Ltd (India), B.E.G Bruck Electronic GmbH (Germany), Hager Group (Germany), Crestron Electronics Inc (US), Opex Co Ltd (Japan), Pressac Communications Limited (UK), Avuity (US), Enocean GmbH (Germany), IR-TEC International Ltd (Taiwan), Wipro Lighting (India), and Intermatic Incorporated (US). These players have adopted various growth strategies to strengthen their occupancy sensor market position. The methods include product launches, expansions, partnerships, collaborations, and mergers and acquisitions.

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Major Occupancy Sensor companies include:

  • Legrand (France)
  • Johnson Controls Inc. (US)
  • Eaton (Ireland)
  • Honeywell International Inc. (US)
  • Schneider Electric (France)
  • Acuity Brands Inc. (US)
  • Signify Holding (Netherlands)
  • Hubbell (US)
  • Leviton Manufacturing Co., Ltd. (US)
  • Lutron Electronics Co. Ltd. (US)

Legrand (France)

Legrand designs and manufactures low-voltage electrical installation and data network systems for residential, commercial, hospitality, and industrial buildings. The company offers protection, lighting control, and connectivity solutions in its product portfolio as well as home and building automation, communication systems, and industrial products. Its portfolio includes energy distribution, door phones, cable management, home automation systems, wiring accessories, passive networking, and lighting management systems. Legrand offers occupancy sensors under its brand in lighting solutions.

Johnson Controls Inc (US)

Johnson Controls empowers companies to build smarter, safer, healthier, and more sustainable environments. Products offered by Johnson Controls include solutions that might help improve energy and building operations, lead-acid and high-performance batteries for hybrid and electric vehicles, and automotive interior systems for passengers. These are procured through four main business segments: Building Solutions North America, Building Solutions EME/LA, Building Solutions Asia Pacific, and Other Products. The Building Solutions unit designs, sells, installs, and services heating, ventilation, and air conditioning systems, controls, building management systems, refrigeration, integrated electronic security, and fire detection and suppression systems. Its Global Products segment designs, manufactures, and sells HVAC equipment, controls, software, and services for residential and commercial markets.

Eaton (Ireland)

Eaton Corporation plc is the intelligent power management company committed for improving the quality of life and protecting the environment. The company has five business segments: Electrical Americas, Electrical Systems and Services, Hydraulics, Aerospace and Vehicle. This makes Eaton offer an extensive variety of products used by different industries in several countries, including data centers, utilities, industrial, commercial, machine building, residential, aerospace, and mobility markets. Eaton is well-positioned to take advantage of the fundamental global megatrends of electrification, the energy transition, and digitalization. Growth is further fueled by the reindustrialization of North America and Europe, a rise in infrastructure investments in clean energy, and the growth of major projects in North America.

Honeywell International Inc (US)

Honeywell International, Inc. operates under four business segments categorized under product and service lines: Aerospace, Honeywell Building Technologies, Performance Materials and Technologies, and Safety & Productivity Solutions. Honeywell Building Technologies offers and provides occupancy sensors and software applications like advanced building control and optimization with sensors, switches, control systems, as well as instruments for energy management, fire and safety, access control, video surveillance, and others. The Aerospace segment provides products for aircraft, Performance Materials and Technologies that produce high-performance chemicals and materials, and Safety & Productivity Solutions focuses on safety and asset performance in working environments.

Related Reports:

Occupancy Sensor Market by Type (Wall Mount, Ceiling Mount, Desk), Operation (Indoor, Outdoor), Connectivity (Wireless, ZigBee, Z-wave), Technology (Passive Infrared, Ultrasonic, Dual Technology, Image Processing), Installation - Global Forecast to 2030

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Occupancy Sensor Market Size,  Share & Growth Report
Report Code
SE 2758
RI Published ON
10/29/2024
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