Wireless Occupancy Sensors Market Forecasts to 2028 – Global Analysis By Building Type (Commercial Buildings and Residential Buildings), Type (Dual Technology (PIR and Ultrasonic), Passive Infrared, Ultrasonic and Other Types), Application (Security Surveillance, Lighting Control, HVAC and Other Applications), End User and By Geography
According to Stratistics MRC, the Global Wireless Occupancy Sensors Market is accounted for $2.5 billion in 2022 and is expected to reach $5.8 billion by 2028 growing at a CAGR of 15.3% during the forecast period. A wireless occupancy sensor is a tool for figuring out whether there are people around. Based on the number of people in a room, this kind of sensor can be used to regulate lighting, HVAC systems, or other devices. In office buildings, educational institutions, and other large buildings where it is crucial to save energy by turning off lights or heating/cooling systems when not in use, wireless occupancy sensors are frequently employed. Wireless occupancy sensors are crucial for cutting down on energy use. This is frequently accomplished with sensors, which turn off lights, appliances, and other equipment when they sense occupancy.
According to the United Nations, Department of Economic and Social Affairs, 60% of the population will be living in cities by 2050.
Market Dynamics:Driver:Growing demand for energy-efficient devices
Occupancy sensors have become widely used for a number of reasons, including the rising demand for energy-efficient equipment across a variety of industries. Additionally, energy conservation is regarded as one of the key elements in the market's development of occupancy sensors. Occupancy sensors are mostly used in applications like lighting control, HVAC systems, and security surveillance to lower the level of energy consumption. The use of occupancy sensors has been cited as a strategy to cut back on energy usage. In this regard, effective steps are being taken by both public and private businesses as well as government organisations to integrate occupancy sensors in the majority of building types.
Restraint:Inconsistency issues related to wireless network systems
Connecting an occupancy sensor with other control systems such as lighting control systems and HVAC control systems occasionally poses complications. The main cause of this is incompatibility problems when an occupancy sensor connected to a lighting and HVAC control system using one wireless protocol and another. For instance, if all the lighting devices are linked to a single network and an internet-enabled system uses ZigBee technology to communicate with smart control systems, the entire network must be integrated with a similar wireless technology that is compatible. The lighting sector has been noted to lack a clear strategy for wireless connectivity at the moment.
Opportunity:Promotion of green building by governments
One of many nations' top goals nowadays is energy efficiency in order to reduce carbon emissions and energy consumption. The governments of European nations have been pushing for the adoption of energy-efficient policies across the region during the last few years. Government regulations support the use of home automation systems. The knowledge regarding the unfavourable impacts of global warming further encourages the usage of automated home energy management systems. Such government actions will support the development of the smart home trend and its occupancy sensor-equipped lighting control system.
Threat:Lack of awareness regarding benefits of occupancy sensors
Compared to other lighting technologies like motion sensors and vacancy sensors, occupancy sensors are less often used. It struggles with the challenge of correctly anticipating occupant occupancy. User occupancy, lighting control patterns, and sensor choice all affect how well an occupancy sensor performs. Additionally, it is thought to be expensive, and few people are aware of the advantages of occupancy sensors in terms of cost. However, it is anticipated that customers would accept and use occupancy sensors as a result of the government's emphasis on energy conservation and the growing public awareness of this issue.
Covid-19 Impact
The COVID-19 and Working from home episode have dominated many professional associations in the area. The Covid-19 incident has created difficulties for various businesses in the area, including the need to develop flexible business practises to keep the local economy afloat and assist individuals and their families in making ends meet both now and in the future.
The ultrasonic segment is expected to be the largest during the forecast period
The ultrasonic segment is estimated to have a lucrative growth. The ultrasonic variety of wireless occupancy sensor makes use of sound waves to find people in a room. It uses a microphone to find sound waves reflected off of nearby persons. The control panel can then use the signal the sensor sends to change the room's lighting or temperature. In commercial and industrial settings, occupancy sensors of the ultrasonic variety are frequently utilised.
The Industrial segment is expected to have the highest CAGR during the forecast period
The Industrial segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the increasing demand for automation and efficiency in industry. Industrial uses for wireless occupancy sensors include energy management, lighting control, security, and HVAC monitoring. These sensors may be used to track movement inside buildings, which enables the industrial operations to be automated.
Region with highest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the area's escalating industrialisation and quick urbanisation. The Asia Pacific region's economies, including India, China, and Indonesia among others, have seen a surge in residential construction activity as a result of the region's expanding population and increased demand for consumer goods and services.
Region with highest CAGR:North America is projected to have the highest CAGR over the forecast period, owing to it is used in so many different sectors and applications. In North America, the commercial, industrial, and residential markets are the most well-liked. In order to give automated and remote control of lighting and temperature in order to save energy and money, Wireless Occupancy Sensors are employed in all of these markets.
Key players in the market
Some of the key players profiled in the Wireless Occupancy Sensors Market include Cooper Industries, Acuity Brands, Honeywell, Lutron Electronics, Schneider electric, Johnson Controls, Hubbell Automation, Eaton, Pammvi Group, Texas Instruments, Leviton, Philips, GE and CES.
Key Developments:In January 2019, CES in Las Vegas, EnOcean, the world leader in energy harvesting wireless technology launched a new ceiling-mounted solar-powered occupancy sensor (PIR) for Bluetooth lighting control systems communicating via Bluetooth Low Energy (BLE). It will be the first self-powered Bluetooth occupancy sensor on the market integrating EnOcean's field-proven energy harvesting technology and offering the best customer experience by being maintenance-free, freely positionable, and highly flexible with easy installation.
Building Types Covered:
• Commercial Buildings
• Residential Buildings
Types Covered:
• Dual Technology (PIR and Ultrasonic)
• Passive Infrared
• Ultrasonic
• Other Types
Applications Covered:
• Security Surveillance
• Lighting Control
• HVAC
• Other Applications
End Users Covered:
• Aerospace & Defence
• Healthcare
• Industrial
• Consumer Electronics
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements