Occupancy Sensors Market Analysis
Based on technology, the market is divided into Passive Infrared (PIR), ultrasonic, dual technology, microwave, and others. The PIR segment dominated the global market with a share of over 40% in 2023.
- PIR sensors have a long operational life and require low maintenance. This longevity adds to their popularity in the occupancy sensors industry, providing businesses and homeowners with a dependable and cost-effective solutions. The prolonged lifespan provides consistent performance, reducing the need for frequent replacements and improving the overall system durability.
- PIR sensors are adaptable and can be used in a variety of situations including workplaces, homes, and industries. Their versatility across several locations leads to wider adoption by providing dependable and energy-efficient motion detection for managing lighting, heating, ventilation, and air conditioning systems based on occupancy needs in diverse industries.
Based on the operation, the market is divided into indoor and outdoor operation. The outdoor operation segment is expected to register a CAGR of over 15.5% during the forecast period.
- Outdoor occupancy sensors improve security by detecting movements in exterior locations. These sensors quickly alert possible intruders or unwanted access, making them an ideal monitoring solution for protecting outdoor spaces and buildings.
- Using occupancy sensors to monitor outdoor environments improves public safety by quickly detecting emergencies or unusual activities. This proactive approach allows for rapid reactions, resulting in a secure workplace. Outdoor occupancy sensors' real-time monitoring capacity improves incident management and the overall safety measures in public locations.
North America dominated the global occupancy sensors market in 2023, accounting for a share of over 30%, and is anticipated to expand. The market for occupancy sensors in North America is expanding rapidly, propelled by the increasing integration of smart building technologies and an emphasis on energy conservation. Stricter rules are fueling demand, motivating companies to use occupancy sensors for better resource management. Touchless solutions have gained traction post-COVID-19, accelerating market growth. The increasing use of occupancy sensors is further facilitated by technological developments, such as IoT integration and advanced analytics capabilities, which establish North America as a major growth region for this market.