openPR Logo
Press release

Occupancy Sensor Industry to Expand at a CAGR of 11.99% to 2021 Due to Rise in Semioconductor Market

05-12-2017 04:09 PM CET | IT, New Media & Software

Press release from: Occupancy Sensor

ALBANY, NY, May 12, 2017 : The market is driven by the increased adoption of PIR sensors and ultrasonic sensors in the residential and commercial sector. Erosion in the prices of PIR sensors has led to their increased adoption in automotive production, video surveillance, military applications, and medical use.
The use of occupancy sensors in private offices, classrooms, closets, hallways, corridors, rest rooms, large storage areas, and other enclosed spaces in commercial and residential establishments is driving the global market. Occupancy sensors offer reliable performance at a lower cost. They also offer significant energy savings in terms of reduced power consumption and enhanced performance delivery. The proliferation of heating, ventilating, and air conditioning (HVAC) systems has further enhanced the need for efficient and accurate occupancy sensors.

Get PDF for more Professional and Technical insights @ http://www.researchmoz.us/enquiry.php?type=S&repid=711510

Technavios analysts forecast the global occupancy sensor market to grow at a CAGR of 11.99% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global occupancy sensor market for the period 2016-2020. To calculate the market size, the report considers revenue generated from the sales of several types occupancy sensors, such as PIR sensors and ultrasonic sensors.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Occupancy Sensor Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Acuity Brands Inc.
General Electric
Legrand
Schneider Electric

Other prominent vendors
Eaton Corporation
Honeywell International
Hubbell Incorporated
Johnson Controls
Leviton Manufacturing
Lutron Electronics
Pepperl+Fuchs
Pammvi Group
Texas Instruments

Market driver
Increasing demand for energy-efficient devices
For a full, detailed list, view our report

Market challenge
Technical drawbacks of occupancy sensors
For a full, detailed list, view our report

Make an Enquiry of this report @ http://www.researchmoz.us/enquiry.php?type=E&repid=711510

Market trend
Proliferation of IoT
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

ResearchMoz
90 State Street,
Albany, NY 12207,
United States

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Occupancy Sensor Industry to Expand at a CAGR of 11.99% to 2021 Due to Rise in Semioconductor Market here

News-ID: 535025 • Views:

More Releases from Occupancy Sensor

Global Occupancy Sensor Market Report 2019 Companies included Acuity Brands, GE, Legrand, Schneider Electric, Eaton Corporation, Honeywell, Hubbell and Others
Global Occupancy Sensor Market Report 2019 Companies included Acuity Brands, GE, …
#7th Edition Occupancy Sensor market report recently has been published by market reports company. It features comprehensive market outlook based on historic data from 2013 to 2018 and estimated market trends during the forecast period from 2018 to 2026. To access complete insights of global Occupancy Sensor market report: sales@marketreportscompany.com The Occupancy Sensor market delivers a wide array of primary and secondary data with respect to regional and global market. In-depth

More Releases for PIR

PUR/PIR Sandwich Panels Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the PUR/PIR Sandwich Panels market analysis, which studies the PUR/PIR Sandwich Panels's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global “PUR/PIR Sandwich Panels Market 2020-2025” Research Report categorizes the global PUR/PIR Sandwich Panels market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players
PUR and PIR Cryogenic Insulation Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the PUR and PIR Cryogenic Insulation market analysis, which studies the PUR and PIR Cryogenic Insulation's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global "PUR and PIR Cryogenic Insulation Market 2020-2025" Research Report categorizes the global PUR and PIR Cryogenic Insulation market by key players, product type, applications and regions,etc. The report
PIR Sensors Market Size, Share, Development by 2025
Market Research Report Store offers a latest published report on PIR Sensors Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This study mainly helps understand which market segments or Region or Country they should focus in coming years to channelize their efforts and investments to maximize growth and profitability. The report presents the market competitive landscape and a consistent in
Global Passive Infrared Sensor (PIR Sensor) Market Report Till 2022
Market Study Report Add New Global Passive Infrared Sensor (PIR Sensor) Market Outlook 2017-2022 to its research database presenting an informative study covering the market with detailed analysis. The report will assist reader with better understanding. The report spread across 95 pages with table and figures in it. A passive infrared sensor (PIR sensor) is an electronic sensor that measures infrared (IR) light radiating from objects in its field of view.
PIR Sensor Market Size, Share, Growth, Analysis – Forecasts To 2025
REPORT DESCRIPTION: PIR SENSOR MARKET The market report is designed to provide a complete view on the global PIR Sensor market. This business intelligence report has been categorised into qualitative and quantitative insights over the forecast period (2017-2025). The demand and supply matrix section falls under the qualitative information category, wherein, the market dynamics for PIR Sensor have been studied considering a short term forecast of the factors/variables influencing the industry.
Global Passive Infrared Sensor (PIR Sensor) Market 2017 InfraTec, Panasonic, Hon …
Global Passive Infrared Sensor (PIR Sensor) market Report offers decisive insights into the overall Passive Infrared Sensor (PIR Sensor) industry along with the market dimensions and evaluation for the duration 2017 to 2022. The forenamed research study covers extensive analysis of various Passive Infrared Sensor (PIR Sensor) industry segments based on the type of applications, type of product Components and services, and different geographical regions. A passive infrared sensor (PIR