Occupancy Sensor Market 2016-2020

Market overview of occupancy sensors

Occupancy sensors play a significant role in minimizing the consumption of energy in buildings. They shut off devices, lights, and other equipment when not in use. These sensors play a big role in reducing light pollution and can be used in offices, conference rooms, restrooms, and many other spaces. A combination of occupancy sensors and scheduling devices do the job of saving energy quite efficiently. Choosing the right sensor technology is critical to designing and operating a trouble-free application. Technavio’s market research analyst predicts the global occupancy sensor market to grow at a CAGR of approximately 12% over the forecast period.

The demand for energy is on the rise and power companies are struggling to meet consumer demand. Conserving power and turning off lights and appliances when they are not in use is a good way to reduce carbon emissions. Automation and using smart sensors is helping companies and individuals save a lot of money on their energy bills and also extend the life of their machinery and equipment. Automation is becoming quite a common feature in daily life as well with offices and homes using smart sensor technology.

Segmentation by type and analysis of the occupancy sensor market

• PIR (passive infrared) sensors
• Ultrasonic sensors