Occupancy Sensor Market – Industry Analysis and Forecast (2023-2029)

The occupancy sensor is generally used for providing automatic control, saving energy and complying with building codes, etc. Increasing demand for energy-saving devices has resulted in several technological advancements in occupancy sensors market.

The proliferation of IoT is one of the major trends in the occupancy sensor market globally. The IoT is a technology that connects electronic devices to the internet, and thus facilitates data transfer over a network. The global occupancy sensor market is driven by factors such as the increasing demand for energy-efficient devices, favorable government policies regarding energy saving, development of more accurate & efficient sensors, and configurable & programmable sensors for HVAC systems.