2020 Occupancy Sensor Market History, Overview and Future Developments by 2025 Analysis and Forecast

According to Market Study Report, Occupancy Sensor Market provides a comprehensive analysis of the Occupancy Sensor Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry.

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The Occupancy Sensors Market is projected to grow from USD 1.9 Billion in 2020 to USD 3.6 Billion by 2025 at a CAGR of 13.3%.

Top Companies Profiled in the Occupancy Sensor Market:
• Legrand (France)
• Schneider Electric (France)
• Eaton (Ireland)
• Johnson Controls (US)
• Signify (Netherlands)
• Acuity Brands (US)
• Leviton Manufacturing (US)
• Lutron Electronics (US)
• Honeywell (US)
• Hubbell Incorporated (US)
• Texas Instruments (US)
• OSRAM LICHIT AG (Germany)
• SIEMENS (Germany)
• Alan Manufacturing (US)
• Enerlites (US)
• Functional Devices (US)
• Crestron Electronics (US)
• Hager Group (Germany)
• Brück Electronic (Germany)
• Pyrotech- Tempsens Group (India)

The growth of the market for the occupancy sensors for lighting system application can be attributed to the growing requirement of energy-efficient devices and a strong push from governments, globally, for energy savings. For instance, in December 2018, the Energy Efficiency Directive in Europe was revised (amending Directive EU (2018/2002)) by updating a few specific provisions and introducing new policies and targets.

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The occupancy sensors market in APAC is projected to grow at a higher CAGR when compared to the Americas and Europe. The occupancy sensor market has huge potential in APAC. Countries with a considerable demand for occupancy sensor systems are China, Japan, Australia, and South Korea.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 –35%, Tier 2 –45%, and Tier 3 –20%
• By Designation: C-Level –35%, Directors–25%, and Others–40%
• By Region: Americas–45%, Europe–20%, APAC – 30% and Rest of the World –5%

Competitive Landscape of Occupancy Sensor Market:
1 Introduction
2 Ranking Analysis Of Players In Occupancy Sensor Market
3 Competitive Leadership Mapping
3.1 Visionary Leaders
3.2 Innovators
3.3 Dynamic Differentiators
3.4 Emerging Companies
4 Strength Of Product Portfolio (26 Companies)
5 Business Strategy Excellence (26 Companies)
6 Competitive Scenario
6.1 Expansions
6.2 Product Launches And Developments
6.3 Acquisitions
6.4 Partnerships, Collaborations, Alliances, And Joint Ventures

Research Coverage:
This research report categorizes the occupancy sensor market based on technology, building type, network connectivity, operation, coverage area, application, and region. The report describes major drivers, restraints, challenges, and opportunities pertaining to the occupancy sensors market and forecasts the size of the market till 2025.

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