What is the size of the HVAC sensor market?

The HVAC sensor market was valued at USD 4.16 billion and is projected to reach a market size of USD 6.38 billion by the end of 2030. Over the forecast period of 2024–2030, the market is projected to grow at a CAGR of 6.30%.

What are the HVAC sensor market drivers?

The need to replace and modernize older HVAC systems to reduce power consumption, the increasing popularity of smart homes, and the growing adoption of building energy management systems (BEMS) are the main factors driving the growth of the HVAC sensor market .

What are the segments under the HVAC sensor market by type?

Based on type, the HVAC sensor market is segmented into temperature sensors, humidity sensors, pressure and flow sensors, motion sensors, and smoke and gas sensors.

Which is the most dominant region for the HVAC sensor market?

Asia-Pacific is the most dominant region for the HVAC sensor market.

Who are the leading players in the HVAC sensor market?

Siemens AG, Emerson Electric Co., Honeywell International Inc., Schneider Electric, and Johnsons Controls Inc. are the major players in the HVAC sensor market .