The occupancy
sensor market is projected to grow from USD 2.2 billion in 2019 to
USD 3.9 billion by 2024 at a CAGR of 12.3%.
The introduction of wireless technology has
been one of the major encouragements to the electronics and semiconductor
industry. It helps reduce wired work of any device, which, in turn, reduces the
cost. Occupancy sensors are mainly deployed with the help of 2 key network
connectivity mediums—wired network connectivity and wireless network
connectivity. Different types of wireless network connectivity are Wi-Fi,
Z-wave, ZigBee, EnOcean, BACnet, and LonWorks, among others.
If an occupancy sensor is installed with
the help of wired network connectivity, installation charges are more than that
of wireless occupancy sensors. This is due to the cost associated with wires
and batteries in wired connections. On the other hand, if wireless occupancy
sensor is installed, it replaces the existing wall switch with wireless wall
switch receiver and eliminates the usage of wires and batteries. Moreover,
wireless occupancy sensor eliminates the cost of maintenance.
The use of wireless technology in occupancy
sensors helps save energy and conserve environment; it involves minimum
installation cost. With regard to this, it increases the scope of installing
many wireless occupancy sensors by end users during the forecast period. By
2024, wireless sensors are expected to hold more than 80% market share.
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Connecting an occupancy sensor with other
control systems such as lighting control systems and HVAC control systems
occasionally creates problems. This is mainly due to incompatibility issues
when an occupancy sensor working on certain wireless protocol is connected to a
lighting and HVAC control system working on another wireless protocol. For
instance, if an internet-enabled system uses ZigBee technology to communicate
with smart control systems and if all the lighting devices are connected to a
common network, then the entire network needs to be integrated with a similar
wireless technology that is compatible. It has been observed that the lighting
industry, at present, lacks a unified approach when it comes to wireless
connectivity.
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Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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