PIR to Dominate Occupancy Sensor Market Share of 77% by 2020

Apr 27, 2016, 04:48 ET from RnR Market Research

PUNE, India, April 27, 2016 /PRNewswire/ --

Extensive use of PIR (passive infrared) sensors is set to lead occupancy sensor market growth during 2016 to 2020 as PIR is used for lighting and security applications in the residential, commercial, and industrial sectors. Proliferation of IoT is one of the major trends in occupancy sensor market. The IoT is technology that connects electronic devices to the Internet, and thereby facilitates data transfer over a network. The essence of this technology is minimal human intervention. It will be mostly utilized in wearables, smart homes, industrial automation, and automated cars.

Complete report on occupancy sensor market spread across 54 pages, analyzing 4 major companies and providing 33 data exhibits is now available at http://www.rnrmarketresearch.com/global-occupancy-sensor-market-2016-2020-market-report.html.

Analysts forecast global occupancy sensor market to grow at a CAGR of 11.99% during the period 2016-2020.Manufacturing sector-based countries such as China and Germany have started to automate their existing manufacturing units to stay ahead of the competition. They aim to improve communication and coordination between units, ensuring flexibility in their underlying processes. Manufacturers are automating end-to-end processes by using sensors, robots, enterprise software, wireless systems, and automation solutions. They use these systems to set the benchmark by identifying best industry practices for information sharing, data retrieval, and documentation.

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.

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.

Occupancy sensors use a few different technologies to detect whether a person or people are in a room with the help of passive infrared or ultrasonic sensors.  Regardless of the type of sensor, lights get turned on when a person enters a room.  PIR sensors detect body heat within a specific field and activate lighting. These are very effective in small spaces. The extensive use of PIR sensors for lighting and security applications in the residential, commercial, and industrial sectors will lead to its steady growth during the predicted period. PIR sensors will dominate the market by usage and account for a share of around 77% by 2020.

The Americas is the largest occupancy sensor market in every sector whether it is industrial, commercial, or residential. A significant trend driving the residential market is the IoT, which is changing the way homes are powered. Smart homes use a lot of automatic devices for lighting, appliances, and alarm systems. This occupancy sensor market in this region is expected to grow at a CAGR of just over 10% during the forecast period.

Key players in the global occupancy sensor market: Acuity Brands Inc., General Electric, Legrand, and Schneider Electric. Other prominent vendors in the market are: Eaton Corporation, Honeywell International, Hubbell Incorporated, Johnson Controls, Leviton Manufacturing, Lutron Electronics, Pepperl+Fuchs, Pammvi Group, and Texas Instruments. Order a copy of Global Occupancy Sensor Market 2016-2020 report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=534755.

Another related report titled Global Proximity Sensor Market 2016-2020 forecasts worldwide proximity sensor market to grow at a CAGR of 7.29% during the period 2016-2020. Proximity sensors are electronic sensors that are integrated with devices and machines for non-contact presence detection of objects or materials in close proximity. Multiple types of proximity sensors are used to sense different types of objects. The object to be sensed is known as the target. Browse complete report @ http://www.rnrmarketresearch.com/global-proximity-sensor-market-2016-2020-market-report.html.

Explore other new reports on Sensors Market @ http://www.rnrmarketresearch.com/reports/information-technology-telecommunication/electronics/sensors.

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