Occupant Sensing System Market Analysis, Innovation Trends and Current Business Trends by 2024
The occupant sensing system market is driven by the increased adoption of passive infrared sensors and ultrasonic sensors in the commercial and residential sector. Reduction in the prices of passive infrared sensors has led to increased implementation in automotive production, military applications, video surveillance, and medical use. Usage in private offices, closets, classrooms, hallways, large storage areas, rest rooms, corridors, and other enclosed spaces in commercial and residential creations is driving the global occupant system market due to energy saving features and enhanced performance delivery.
Occupant Sensing System Market size has application for distributors and retailers, property and building developers, original equipment manufacturers (end-user applications or electronic product manufacturers), network providers & research organizations, system integrators & technology investors, lighting companies.
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Passenger safety while travelling is one of the major concerns for automotive industry due to increasing number of accidents. Automotive occupant sensing system market includes system positioning, presence, and differentiation of the person sitting at passenger place of vehicle. The growing demand for safety in the average vehicle has led to growing focus on occupant sensing system market installation among major OEMs.
High R&D investments are needed to come up with new technologies and newly developed products frequently as required by the different industries. To give accurate and reliable output with changing technologies is a challenge for the industry.
Occupancy sensors are automatically adjusted to the building environment, thereby reducing overall maintenance costs and eliminating the need for re-calibration. The newly developed wireless occupancy sensors are driving the occupant sensing system market as they are easy to install for both retrofits and new construction.
The increasing number of HVAC systems has further enhanced the need for accurate occupancy sensors and efficient. Increased adoption of IoT is one of the key trends in the industry. This kind of technology connects electronic devices to the Internet, and thereby facilitating data transfer over a network. The occupant sensor market has its application in wearables, smart homes, automated cars and industrial automation.
Using smart sensors and automation technology is helping companies as well as individuals save money on their energy bills and also extend the life of their equipment and machinery. Automation is becoming a very common feature in daily life as well with homes and offices using smart sensor technology.
On the basis of technology, the occupant sensing system market is divided into passive infrared, ultrasonic sensors, dual technology and other technologies (Microwave, IOS and IPOS). Major wireless networks are further sub segmented into ZigBee, Wi-Fi, EnOcean and Z-Wave.
By building type, it is bifurcated into industrial, residential (homes and apartments), government, and commercial (office buildings, healthcare buildings, retail buildings, hospitality buildings educational institutes). By application, the industry is differentiated into lighting control, HVAC, and security surveillance.
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U.S. occupant sensing system market represents the key regional industry due to consumption of automobiles combined with stringent safety norms in the region and higher demand. Industry participants include Acuity Brands, Eaton Corporation PLC, General Electric Company, Honeywell International, Hubbell Incorporated, Johnson Controls, Schneider Electric. Other prominent players are Pepperl+Fuchs, Pammvi Group, Texas Instruments, Koninklijke Philips N.V., Legrand S.A., Leviton Manufacturing Co., Lutron Electronics, etc.
Major players in the industry are concentrating more on development of innovative and advanced sensors such as image processing sensor, intelligent occupancy sensor and micro-phonic based sensor in order to achieve competitive advantage in the long term. The industry focuses on providing customers with various features such as better design, efficiency, ease to install, being innovative, robust, reliable, and increased life of equipment. With new product development, mergers and acquisitions have surfaced for companies to maintain competitive edge in the occupant sensing system market.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services.