Wired Occupancy Sensors Market Statistics and Growth Prediction 2021- Honeywell International, Schneider Electric, Eaton Corporation, Legrand, Leviton, General Electric

The Wired Occupancy Sensors market is a comprehensive market research report which provides market analysis with a historical & futuristic perspective for the following parameters; market size, revenue, demand, and supply data (as applicable). The report offers a detailed market analysis to provide a detailed research study on the global Wired Occupancy Sensors market. Some of the tools used for this are SWOT, PESTEL, and Porter's 5-forces analysis frameworks. The report includes detailed information on the key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmaps, value chains, player profiles, and strategies. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Wired Occupancy Sensors from 2021 till 2026.

Top leading Manufacturers Profiled in Wired Occupancy Sensors Market Report are: Honeywell International, Schneider Electric, Eaton Corporation, Legrand, Leviton, General Electric, and Philips, among others

News and Updates

Aqara Prepare Launch of Next Gen Occupancy Sensor- Smart Home behemoth-in-waiting Aqara is preparing for the release (initially in Mainland China, of course) of its latest sensor device, the Aqara Human Presence Sensor FP1. You might be forgiven for thinking, "oh great, another motion sensor", but for once we have something completely new coming to the table, as this device doesn't rely on a PIR sensor you would find in the standard motion detection devices, and certainly doesn't use any form of pixel-based detection you get in smart cameras. We originally reported on this device during Aqara's summer presentation, although little details were available at that time. The FP1 uses a technology referred to as mmWave which Wikipedia states thus;

WattStopper Introduces New Line of Wireless Occupancy Sensors- WattStopper has introduced a new line of wireless occupancy sensors. These radio frequency (RF) products make it easy and cost effective to install code-compliant controls in existing buildings, or wherever wired occupancy sensors aren't the best fit. The product line includes dual relay controls not available from other manufacturers, as well as time-saving functionality.

Leviton Introduces New LED Ceiling Occupancy Sensor- Leviton today announced its new LED Ceiling Occupancy Sensor, expanding its line of Ceiling Lampholders for closets and closed spaces. The device automatically senses movement to turn lights on and features LED lighting, the increasingly preferred alternative to incandescent lamps. The LED Ceiling Occupancy Sensor is ideal for use in closets, as well as basements, attics, storage areas, utility rooms, workrooms and other open spaces in the home.

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The wired occupancy sensors market was valued at USD 2.15 billion in 2020 and is expected to reach USD 6.57 billion by 2026, at a CAGR of 7% over the forecast period 2021 - 2026.

Regional Analysis for Wired Occupancy Sensors Market:

For a comprehensive understanding of market dynamics, the global Wired Occupancy Sensors market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.

North America to Account for a Major Share

- North America is mainly driven by a higher focus on innovations and advancements in occupancy sensors such as image processing occupancy sensor (IPOS), intelligent occupancy sensor (IOS), and microphonics which has boosted the demand of occupancy sensor in the region.

- Latest advancements in occupancy sensors such as image processing occupancy sensor (IPOS), intelligent occupancy sensor (IOS), and microphonics in the manufacturing of occupancy sensors have led to an increase in the market share of these sensors in a variety of fields.

- The key applications of occupancy sensors are in residential, commercial, educational, healthcare, retail, and hospitality buildings. Occupancy sensors are most widely used in residential and commercial buildings due to the massive growth in the construction sector in various regions across the globe.

- The United States is leading the market due to development in various sectors, such as commercial and residential and increase in the rise of wireless network infrastructure is driving the growth in the home automation, which is helping in the growth of occupancy sensor market. Similarly, the growing demand for HVAC systems in the US region is anticipated to play a crucial role in this market.

Market Overview

The increase in demand for the stable and high-accuracy sensor will drive the wired occupancy sensors market in the forecast period.

- Wired occupancy sensors have gone through several technological advancements since their development due to the continuous demand in the market for energy saving devices. This is achieved through the sensors, which shut down devices and other equipment on the basis of occupancy. These sensors help in reducing light pollution and they can be used for indoor and outdoor spaces.

- Energy saving has been crucial for growth in any economy, as a result of which the governments are also coming with several policies to save energy. Combining with other technologies and efficient lighting, it can help to save up to 30% of energy.

- For instance, the rising construction in the real estate sector has started installing occupancy sensors in most places, like washrooms, to save power, which is another major driver for the occupancy sensors market.

- However, the market is expected to face some hindrances, due to the complex installation process and lack of interoperability of wired occupancy sensors, which could be a challenge. Besides, increasing the adoption of wireless sensors is also expected to grab the share of wired occupancy sensors.

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What is the Impact of Covid-19 Outbreak on the Wired Occupancy Sensors?

- Optimistic Scenario: COVID-19 is contained by May or June, With Normalcy returning to global operations through the End of Q2.
- Conservative Scenario: COVID-19 Remains Prevalent, with Continued Impacts Lasting into Q4.
- Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Global Wired Occupancy Sensors.
- Wired Occupancy Sensors Market Size in 2021
- Corporate Strategy the Manufacturers Should Be Thinking About Right Now.

Frequently Asked Questions about the Wired Occupancy Sensors market:

- What are the recent developments and government policies?
- What are the top trends in the Wired Occupancy Sensors market?
- What is the growth rate of the market?
- Which Is the Most potential market segment?
- Which are the top industry players in the Wired Occupancy Sensors market?
- Which region would offer high growth for vendors in the market?

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The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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