Global Image Processing Occupancy Sensor Market, By Operation (Indoor Operation, Outdoor Operation), Coverage Area (Less Than 89°, 90–179°, 180–360°), Building Type (Residential Buildings, Commercial Buildings), Network Connectivity (Wired Network, Wireless Network), Application (Lighting Systems, HVAC Systems, Security and Surveillance Systems, Others) – Industry Trends and Forecast to 2029.
Image Processing Occupancy Sensor Market Analysis and Size
Using infrared light rays, ultrasonic light rays, and microwave technology, occupancy sensors detect when an area is occupied by humans and turn on or off the lights accordingly. Occupancy sensors are frequently used for automatic control, energy conservation, and code compliance, among other things. Occupacy sensors have seen many technological advancements as a result of the rising need for energy-saving gadgets.
Global image processing occupancy sensor market was valued at USD 1934.20 million in 2021 and is expected to reach USD 7319.82 million by 2029, registering a CAGR of 18.10% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Image Processing Occupancy Sensor Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Operation (Indoor Operation, Outdoor Operation), Coverage Area (Less Than 89°, 90–179°, 180–360°), Building Type (Residential Buildings, Commercial Buildings), Network Connectivity (Wired Network, Wireless Network), Application (Lighting Systems, HVAC Systems, Security and Surveillance Systems, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
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Market Players Covered
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Legrand (France), Schneider Electric (France), Eaton (Ireland), Johnson Controls (U.S.), Signify Holding. (Netherlands), ACUITY BRANDS LIGHTING, INC. (U.S.), Leviton Manufacturing Co., Inc. (U.S.), Lutron Electronics Co., Inc. (U.S.), Honeywell International Inc. (U.S.), Hubbell. (U.S.), Texas Instruments Incorporated (U.S.), OSRAM GmbH. (Germany), Siemens (Germany), Alan Manufacturing, Inc. (U.S.), Enerlites, Inc. (U.S.), Functional Devices, Inc. (U.S.), Crestron Electronics, Inc. (U.S.), Hager Group (Germany), B.E.G. Brück Electronic GmbH (Germany), Tempsens Instrument Pvt. Ltd. (India)
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Market Opportunities
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Market Definition
Equipment is turned on or off based on the occupancy of the room using occupancy sensors, also known as vacancy sensors. They are indoor detection systems that adjust the environment's temperature, ventilation, and lighting when they detect people nearby. Ultrasonic, passive infrared, and dual technologies are only a few of the ones used by occupancy sensors.
Global Image Processing Occupancy Sensor Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Rising demand for electric devices
OEMs (original equipment manufacturers) may include sensors into luminaires in the upcoming years to produce smart luminaires that can be a crucial component of a networked lighting system. In light of this, the market may be driven in the future. The market is anticipated to be driven by the increase in demand for energy-efficient technology. The use of occupancy sensors is essential for cutting energy usage. The sensors, which turn off appliances and other equipment based on occupancy, help achieve this.
Furthermore, the factors such as rising urbanization, industrialization and mounting number of research and development activities are some other important market drivers. Additionally, favorable government initiatives to encourage energy efficiency and increase personal disposable income are anticipated to drive the market's growth rate.
Opportunities
- Growth and expansion
Growth and expansion of the semiconductors and electronics industry especially in the developing economies will present very many opportunities for the growth of the market. Keeping up with advancements in manufacturing/ production technology may also be beneficial for the market as a whole.
Restraints/Challenges
- Problems associated with false triggering
One of the main factors limiting the growth of the studied market since the previous ten years is falsely activating a switch in an occupancy sensor. Any movement in the space makes sensors more prone to false triggering. Since they are responsive to all motions, they also respond to movement from objects that are not occupied. Sunlight and people moving through nearby locations can also cause false triggers.
- Dearth of awareness about the features and benefits
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. This poses a problem for the occupancy sensor industry because it has an impact on how widely they are used in emerging and undeveloped nations.
This image processing occupancy sensor market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the image processing occupancy sensor market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Image Processing Occupancy Sensor Market
Different nations have implemented stringent policies in response to the COVID-19 pandemic, including restrictions on the movement of people and vehicles and the withdrawal of non-essential transportation. The implementation of ongoing construction projects where automation devices were planned to be installed would likely be impacted by these rules and regulations. Due to the delays in product deliveries, upgrade projects that were going to install automation systems have also been put on hold. Additionally, initiatives that were scheduled to start could be delayed.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- Eaton introduced the Trellix linked lighting platform in May 2019. Trellix is an open Internet of Things platform and infrastructure that links intelligent sensors to collect data on energy usage across sectors like healthcare, manufacturing, office buildings, retail, and educational institutions.
- The Current subsidiary of General Electrics, which contained its smart lighting technologies, including occupancy sensors, was purchased by American Industrial Partners in May 2019. Until the transition is complete, American Industrial Partners will continue to market its goods under the General Electric name.
Global Image Processing Occupancy Sensor Market Scope
The image processing occupancy sensor market is segmented on the basis of operation, coverage area, building type, network connectivity and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Operation
- Indoor Operation
- Outdoor Operation
Coverage Area
- Less Than 89°
- 90–179°
- 180–360°
Building Type
- Residential Buildings
- Independent Homes
- Apartments
- Commercial Buildings
- Office buildings
- Education buildings
- Industrial buildings
- Healthcare buildings
- Others
Network Connectivity
- Wired Network
- Wireless Network
- Enocean
- Wi-Fi
- Zigbee
- Z-wave
- Others
Application
- Lighting Systems
- HVAC Systems
- Security and Surveillance Systems
- Others
Image Processing Occupancy Sensor Market Regional Analysis/Insights
The image processing occupancy sensor market is analyzed and market size insights and trends are provided by country, operation, coverage area, building type, network connectivity and application as referenced above.
The countries covered in the image processing occupancy sensor market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
During the forecast period, due to the increase in the number of product innovations and increasing government backing, North America is anticipated to account for a sizeable portion of the market.
Over the forecast period, Asia-Pacific is anticipated to have the highest CAGR. Over the course of the forecast period, it is expected that the demand for image processing occupancy sensor in the region will rise. The booming demand for the sensors by the buildings and construction industry is bolstering the growth in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Image Processing Occupancy Sensor Market Share Analysis
The image processing occupancy sensor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to image processing occupancy sensor market.
Some of the major players operating in the image processing occupancy sensor market are
- Legrand (France)
- Schneider Electric (France)
- Eaton (Ireland)
- Johnson Controls (U.S.)
- Signify Holding. (Netherlands)
- ACUITY BRANDS LIGHTING, INC. (U.S.)
- Leviton Manufacturing Co., Inc. (U.S.)
- Lutron Electronics Co., Inc. (U.S.)
- Honeywell International Inc. (U.S.)
- Hubbell. (U.S.)
- Texas Instruments Incorporated (U.S.)
- OSRAM GmbH. (Germany)
- Siemens (Germany)
- Alan Manufacturing, Inc. (U.S.)
- Enerlites, Inc. (U.S.)
- Functional Devices, Inc. (U.S.)
- Crestron Electronics, Inc. (U.S.)
- Hager Group (Germany)
- B.E.G. Brück Electronic GmbH (Germany)
- Tempsens Instrument Pvt. Ltd. (India)
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