Latin America Occupancy Sensors Market Share

Market Share of Latin America Occupancy Sensors Industry

The Latin America Occupancy Sensors Market is moderately competitive in nature. Product launches, high expense on research and development, partnerships, and acquisitions are the prime growth strategies adopted by the companies in the region to sustain the intense competition.

• March 2020 - Signify introduced new Philips IoT sensor packages that gather and deliver data via the Interact Office connected lighting system and environmental monitoring APIs. The sensor bundles can observe occupancy, the total of people in the room, temperature (at the room and desk level), noise levels, daylight levels, relative humidity, and are Bluetooth enabled, allowing for indoor positioning and navigation.
• January 2021 - Eyeris Technologies, Inc. announced a collaboration with Texas Instruments (TI) on an industry-first in-cabin sensing AI solution at the Consumer Electronics Show (CES) 2021, utilizing TI's JacintoTM TDA4 processors and 2D RGB-IR image sensors. Eyeris DNNs are designed to meet functional safety standards, allow for flexible camera placement, and perform efficiently on low-power edge processors. Eyeris' AI algorithm portfolio for in-cabin sensing includes driver monitoring system (DMS) and occupant monitoring system (OMS) features that meet global NCAP standards.

Latin America Occupancy Sensors Market Leaders

1. Signify Holding BV

2. Texas Instruments Inc

3. Schneider Electric SE

4. Honeywell Inc

5. General Electric Co

*Disclaimer: Major Players sorted in no particular order