BOULDER, Colo. — By providing data that can improve building performance, advanced sensors play a critical role in transforming regular facilities into intelligent buildings, notes Navigant Research. These devices, which are growing in popularity, can strengthen the operations of specific building systems, such as HVAC and lighting, but also support more comprehensive business and financial strategies. According to a new report from the research firm, global advanced sensor revenue is expected to grow from $1.2 billion in 2016 to $3.2 billion in 2025.

“Advanced sensors are the critical data streams to intelligent building management systems that generate actionable insight for operational and energy efficiency,” said Casey Talon, senior research analyst with Navigant Research. “These devices help transform how commercial facilities are managed and can also increase energy efficiency, operational efficiency, occupant satisfaction, safety, and more.”