FMI Occupancy Sensor Market Trends in the 2016-2026 | Page 6

Occupancy Sensor Market
expected dominate the global occupancy sensor market over the forecast period. However, Asia-Pacific
(excluding Japan) is anticipated to witness the highest CAGR during the forecast period. This is mainly
attributed to growth in construction and real estate sectors in developing countries such as India and
China in the region.

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Global Occupancy Sensor Market: Key Players
Key players operating in the global occupancy sensor market are Eaton Corporation Plc., Honeywell
International Inc., Schneider Electric SA, Johnson Controls Inc., Acuity Brands Inc., Texas Instruments
Inc., Leviton Manufacturing Co., Inc., Lutron Electronics Co., Inc., Legrand SA and Hubbell Incorporated
among others. Major players in the market are focusing more on development of advanced and
innovative sensors such as image processing sensor, micro-phonic based sensor and intelligent
occupancy sensor in order to gain competitive advantage in the long term.

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