Market Overview:
The global dual tech occupancy sensors market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and automated buildings. Additionally, the growing awareness about safety and security is also propelling the growth of this market. Based on type, ceiling mount occupancy sensors are expected to account for a larger share of the global dual tech occupancy sensors market during the forecast period. This can be attributed to their ability to detect movement in large areas as compared with wall mount occupancy sensors. Based on application, non-residential applications are expected to account for a larger share of the global dual tech occupancy sensor market during the forecast period.
Product Definition:
Dual Tech Occupancy Sensors are sensors that use two technologies to detect occupancy. The two technologies can be different, or they can be the same. Dual Tech Occupancy Sensors are important because they are more accurate than single technology occupancy sensors.
Ceiling Mount Occupancy Sensors:
Ceiling Mount Occupancy Sensors (CMOS) is a type of image sensor used in various applications such as security surveillance, automotive safety, and building automation. It is also used in the healthcare sector for body scanner systems. CMOS are primarily differentiated on the basis of their size and location within the device; they can be mounted on a circuit board or be free-standing.
Wall Mount Occupancy Sensors:
Wall Mount Occupancy Sensor is a device used to detect when there is no one in the room and it's used as an alternative to door switches. It has two parts, base station and sensor. The sensor works on infrared ray which detects objects and absence of those objects generates an alert.
The dual tech occupancy sensors are available with advanced features such as motion detection, temperature display, 24/7 monitoring by staff or cameras along with recording incidents for security purposes.
Application Insights:
The market is segmented based on application into residential and non-residential. The non-residential sector dominated the overall industry in 2017, accounting for over 60% of the revenue share. This growth can be attributed to a rise in demand from commercial spaces such as hotels, hospitals, educational institutes and corporate offices. Furthermore, technological advancements have also played a key role in increasing product penetration across various applications such as hospitality rooms, gymnasiums and saunas among others.
The residential segment is expected to witness significant growth over the forecast period owing to an increase in demand for energy efficient products with enhanced features that offer improved convenience along with better security at affordable prices. Moreover, rising concerns regarding safety are also anticipated to fuel product demand over the forecast period within homes or apartments buildings worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing construction activities in emerging economies, such as China and India. In addition, rising number of residential projects in these countries will drive product demand further. For instance, according to a 2017 UNCTAD publication, India’s real estate sector is projected to expand at a CAGR of XX% from 2018 to 2020 owing to various factors including growing population and urbanization.
North America occupied a significant share within the global dual tech occupancy sensors market space owing its developed economy along with high standard of living and technological advancements associated with smart homes & appliances.
Growth Factors:
- Increasing demand for energy-efficient buildings: The global market for dual tech occupancy sensors is expected to grow at a CAGR of 9.5% from 2016 to 2021. This growth can be attributed to the increasing demand for energy-efficient buildings, as these sensors help in reducing the amount of energy used in commercial and residential spaces.
- Growing awareness about the benefits of using dual tech occupancy sensors: There is a growing awareness among consumers about the benefits of using dual tech occupancy sensors, such as improved comfort levels and reduced energy consumption. This is likely to fuel the growth of this market during the forecast period.
- Rising number of construction projects: The global construction industry is witnessing a steady growth, which is expected to drive the demand for dual tech occupancy sensors in coming years. These sensors are widely used in new constructions as well as retrofits or renovations projects across different sectors such as residential, commercial, and industrial segments..
Scope Of The Report
Report Attributes
Report Details
Report Title
Dual Tech Occupancy Sensors Market Research Report
By Type
Ceiling Mount Occupancy Sensors, Wall Mount Occupancy Sensors
By Application
Residential, Non-residential
By Companies
Schneider Electric, Honeywell, GE Current, Legrand, Crestron Electronics, Lutron Electronics, Acuity Brands, Leviton Manufacturing Co., Inc, Enerlites, Hubbell, Schneider Electric
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Dual Tech Occupancy Sensors Market Report Segments:
The global Dual Tech Occupancy Sensors market is segmented on the basis of:
Types
Ceiling Mount Occupancy Sensors, Wall Mount Occupancy Sensors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Non-residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schneider Electric
- Honeywell
- GE Current
- Legrand
- Crestron Electronics
- Lutron Electronics
- Acuity Brands
- Leviton Manufacturing Co., Inc
- Enerlites
- Hubbell
- Schneider Electric
Highlights of The Dual Tech Occupancy Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ceiling Mount Occupancy Sensors
- Wall Mount Occupancy Sensors
- By Application:
- Residential
- Non-residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dual Tech Occupancy Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dual Tech Occupancy Sensors are a type of sensor that can be used to detect the presence of people or objects in a room. They are often used in commercial and industrial settings, where it is important to ensure that no one is left alone or without access to critical equipment.
Some of the major players in the dual tech occupancy sensors market are Schneider Electric, Honeywell, GE Current, Legrand, Crestron Electronics, Lutron Electronics, Acuity Brands, Leviton Manufacturing Co., Inc, Enerlites, Hubbell, Schneider Electric.
The dual tech occupancy sensors market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dual Tech Occupancy Sensors Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Dual Tech Occupancy Sensors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Dual Tech Occupancy Sensors Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Dual Tech Occupancy Sensors Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Dual Tech Occupancy Sensors Market Size & Forecast, 2018-2028 4.5.1 Dual Tech Occupancy Sensors Market Size and Y-o-Y Growth 4.5.2 Dual Tech Occupancy Sensors Market Absolute $ Opportunity
Chapter 5 Global Dual Tech Occupancy Sensors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Dual Tech Occupancy Sensors Market Size Forecast by Type
5.2.1 Ceiling Mount Occupancy Sensors
5.2.2 Wall Mount Occupancy Sensors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Dual Tech Occupancy Sensors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Dual Tech Occupancy Sensors Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Non-residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dual Tech Occupancy Sensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dual Tech Occupancy Sensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Dual Tech Occupancy Sensors Analysis and Forecast
9.1 Introduction
9.2 North America Dual Tech Occupancy Sensors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Dual Tech Occupancy Sensors Market Size Forecast by Type
9.6.1 Ceiling Mount Occupancy Sensors
9.6.2 Wall Mount Occupancy Sensors
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Dual Tech Occupancy Sensors Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Non-residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Dual Tech Occupancy Sensors Analysis and Forecast
10.1 Introduction
10.2 Europe Dual Tech Occupancy Sensors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Dual Tech Occupancy Sensors Market Size Forecast by Type
10.6.1 Ceiling Mount Occupancy Sensors
10.6.2 Wall Mount Occupancy Sensors
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Dual Tech Occupancy Sensors Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Non-residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Dual Tech Occupancy Sensors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Dual Tech Occupancy Sensors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Dual Tech Occupancy Sensors Market Size Forecast by Type
11.6.1 Ceiling Mount Occupancy Sensors
11.6.2 Wall Mount Occupancy Sensors
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Dual Tech Occupancy Sensors Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Non-residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Dual Tech Occupancy Sensors Analysis and Forecast
12.1 Introduction
12.2 Latin America Dual Tech Occupancy Sensors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Dual Tech Occupancy Sensors Market Size Forecast by Type
12.6.1 Ceiling Mount Occupancy Sensors
12.6.2 Wall Mount Occupancy Sensors
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Dual Tech Occupancy Sensors Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Non-residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Dual Tech Occupancy Sensors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Dual Tech Occupancy Sensors Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Dual Tech Occupancy Sensors Market Size Forecast by Type
13.6.1 Ceiling Mount Occupancy Sensors
13.6.2 Wall Mount Occupancy Sensors
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Dual Tech Occupancy Sensors Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Non-residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dual Tech Occupancy Sensors Market: Competitive Dashboard
14.2 Global Dual Tech Occupancy Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider Electric
14.3.2 Honeywell
14.3.3 GE Current
14.3.4 Legrand
14.3.5 Crestron Electronics
14.3.6 Lutron Electronics
14.3.7 Acuity Brands
14.3.8 Leviton Manufacturing Co., Inc
14.3.9 Enerlites
14.3.10 Hubbell
14.3.11 Schneider Electric