- Market Driver: The rise in global construction and infrastructure development activities is driving the growth of the market. The rising demand for public infrastructure is leading to the growth of the construction industry in emerging economies such as India and China. In the past few years, many new educational institutions, hospitals, stadiums, indoor sports complexes, malls, and mega shopping centers have been built owing to the growing population and the increasing per capita income of individuals. This will help in reducing energy wastage, which will further decrease operational costs. Thus, such construction and infrastructure development activities are expected to increase the demand exponentially for wired occupancy sensors during the forecast period.
- Market Challenge: High costs of installation and maintenance will challenge the growth of the market. The installation of wired occupancy sensors needs various hardware components, including sensors, communication devices, control systems, and software. Thus, the high overall cost of these systems restricts their installation, which impacts the growth of the wired occupancy sensors market. Moreover, the effectiveness of such sensors depends on facing angles and mounted locations, as the sensors require large vertical and horizontal clearances. Wired occupancy sensors require flat surfaces, as any obstacle can lead to errors. Thus, such high costs limit the widespread distribution and adoption of wired occupancy sensors.
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Market Segmentation
The wired occupancy sensors market report is segmented by application (hotels, residential, corporate offices, and others) and geography (North America, Europe, APAC, Middle East and Africa, and South America). North America will be the leading region with 35% of the market's growth during the forecast period. The US is the key country for the wired occupancy sensors market in North America.
View our FREE PDF Sample Report for additional insights into the contribution of all the segments and regional opportunities in the report.
Vendor Landscape
The wired occupancy sensors market is fragmented, and the vendors are organic and inorganic deploying growth strategies to compete in the market. The global wired occupancy sensors market has numerous vendors, including many regional players as well as international players. There is significant competition in the market. Hence, the market concentration will be low. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments. Vendors included in the report are based on their product offerings. They have been identified based on their revenues, market dominance, geographical presence, product portfolio, and financials.
Some Companies Mentioned
- Acuity Brands Inc.
- Alan Manufacturing Inc.
- BLP Technologies Inc.
- Crestron Electronics Inc.
- Eaton Corp. Plc
- Honeywell International Inc.
- Hubbell Inc.
- Intelligent Lighting Controls Inc.
- IR TEC International Ltd.
- Johnson Controls International Plc
- Koninklijke Philips NV
- Legrand SA
- Leviton Manufacturing Co. Inc.
- Lutron Electronics Co. Inc.
- Omicron Sensing LLC
- Schneider Electric SE
- Signify NV
- Steinel America Inc.
- TALOSYS INC.
- Telkonet Inc.
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Wired Occupancy Sensors Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of 7.03% |
Market growth 2022-2026 |
USD 1.39 billion |
Market structure |
Fragmented |
YoY growth (%) |
8.09 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 35% |
Key consumer countries |
US, China, UK, Germany, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Acuity Brands Inc., Alan Manufacturing Inc., BLP Technologies Inc., Crestron Electronics Inc., Eaton Corp. Plc, Honeywell International Inc., Hubbell Inc., Intelligent Lighting Controls Inc., IR TEC International Ltd., Johnson Controls International Plc, Koninklijke Philips NV, Legrand SA, Leviton Manufacturing Co. Inc., Lutron Electronics Co. Inc., Omicron Sensing LLC, Schneider Electric SE, Signify NV, Steinel America Inc., TALOSYS INC., and Telkonet Inc. |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse Information Technology Market Reports
Key Topics Covered
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 24: Chart on Application - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application
- 5.3 Hotels - Market size and forecast 2021-2026
- Exhibit 28: Chart on Hotels - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Hotels - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Hotels - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Hotels - Year-over-year growth 2021-2026 (%)
- 5.4 Residential - Market size and forecast 2021-2026
- Exhibit 32: Chart on Residential - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Residential - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Residential - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Residential - Year-over-year growth 2021-2026 (%)
- 5.5 Corporate offices - Market size and forecast 2021-2026
- Exhibit 36: Chart on Corporate offices - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Corporate offices - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Corporate offices - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Corporate offices - Year-over-year growth 2021-2026 (%)
- 5.6 Others - Market size and forecast 2021-2026
- Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.7 Market opportunity by Application
- Exhibit 44: Market opportunity by Application ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 46: Chart on Market share by geography 2021-2026 (%)
- Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 48: Chart on Geographic comparison
- Exhibit 49: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 UK - Market size and forecast 2021-2026
- Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 France - Market size and forecast 2021-2026
- Exhibit 82: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.12 China - Market size and forecast 2021-2026
- Exhibit 86: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 90: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 91: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 93: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 94: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 95: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 96: Matrix on vendor position and classification
- 10.3 Acuity Brands Inc.
- Exhibit 97: Acuity Brands Inc. - Overview
- Exhibit 98: Acuity Brands Inc. - Business segments
- Exhibit 99: Acuity Brands Inc. - Key news
- Exhibit 100: Acuity Brands Inc. - Key offerings
- Exhibit 101: Acuity Brands Inc. - Segment focus
- 10.4 BLP Technologies Inc.
- Exhibit 102: BLP Technologies Inc. - Overview
- Exhibit 103: BLP Technologies Inc. - Product / Service
- Exhibit 104: BLP Technologies Inc. - Key offerings
- 10.5 Crestron Electronics Inc.
- Exhibit 105: Crestron Electronics Inc. - Overview
- Exhibit 106: Crestron Electronics Inc. - Product / Service
- Exhibit 107: Crestron Electronics Inc. - Key offerings
- 10.6 Eaton Corp. Plc
- Exhibit 108: Eaton Corp. Plc - Overview
- Exhibit 109: Eaton Corp. Plc - Business segments
- Exhibit 110: Eaton Corp. Plc - Key news
- Exhibit 111: Eaton Corp. Plc - Key offerings
- Exhibit 112: Eaton Corp. Plc - Segment focus
- 10.7 Honeywell International Inc.
- Exhibit 113: Honeywell International Inc. - Overview
- Exhibit 114: Honeywell International Inc. - Business segments
- Exhibit 115: Honeywell International Inc. - Key news
- Exhibit 116: Honeywell International Inc. - Key offerings
- Exhibit 117: Honeywell International Inc. - Segment focus
- 10.8 Hubbell Inc.
- Exhibit 118: Hubbell Inc. - Overview
- Exhibit 119: Hubbell Inc. - Business segments
- Exhibit 120: Hubbell Inc. - Key offerings
- Exhibit 121: Hubbell Inc. - Segment focus
- 10.9 Johnson Controls International Plc
- Exhibit 122: Johnson Controls International Plc - Overview
- Exhibit 123: Johnson Controls International Plc - Business segments
- Exhibit 124: Johnson Controls International Plc - Key news
- Exhibit 125: Johnson Controls International Plc - Key offerings
- Exhibit 126: Johnson Controls International Plc - Segment focus
- 10.10 Koninklijke Philips NV
- Exhibit 127: Koninklijke Philips NV - Overview
- Exhibit 128: Koninklijke Philips NV - Business segments
- Exhibit 129: Koninklijke Philips NV - Key news
- Exhibit 130: Koninklijke Philips NV - Key offerings
- Exhibit 131: Koninklijke Philips NV - Segment focus
- 10.11 Leviton Manufacturing Co. Inc.
- Exhibit 132: Leviton Manufacturing Co. Inc. - Overview
- Exhibit 133: Leviton Manufacturing Co. Inc. - Product / Service
- Exhibit 134: Leviton Manufacturing Co. Inc. - Key offerings
- 10.12 Schneider Electric SE
- Exhibit 135: Schneider Electric SE - Overview
- Exhibit 136: Schneider Electric SE - Business segments
- Exhibit 137: Schneider Electric SE - Key news
- Exhibit 138: Schneider Electric SE - Key offerings
- Exhibit 139: Schneider Electric SE - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 140: Inclusions checklist
- Exhibit 141: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 142: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 143: Research methodology
- Exhibit 144: Validation techniques employed for market sizing
- Exhibit 145: Information sources
- 11.5 List of abbreviations
- Exhibit 146: List of abbreviations
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