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Occupancy Sensor Market Expected to Grow at 3.9 Billion In Revenue by 2024
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.Get Free Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=298354
The Occupancy Sensors Market is projected to grow from USD 2.2 Billion in 2019 to USD 3.9 Billion by 2024 at a CAGR of 12.3%. This report spread across 181 Pages, Profiling 29 Companies and Supported with 87 Tables and 52 figures are now available in this research.
Top Companies Profiled in the Occupancy Sensor Market:
• Legrand (France)
• Schneider Electric (France)
• Eaton (Ireland)
• Johnson Controls (US)
• Signify (Netherlands)
• Actuity 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.
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.
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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 Dynamic Differentiators
3.3 Innovators
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
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