Global Daylight Sensor Market : Industry Analysis and Forecast 2020-2026

 Global Daylight Sensor Market is anticipated to reach US$ XX Mn by 2026 from US$ XXMn in 2020 at a CAGR of 17.3% during a forecast period.

Global Daylight Sensor Market Overview

The Daylight sensor is a device that reads available light and sends a signal to the control system, which is used to adjust the electric light from the interior system of the building in order to reduce energy consumption.When the sun reaches its maximum daylight at noon the daylight sensor activates up to 15 red stoneto maximize the qualities of daylight.

The daylight system provides almost 60% oflighting energy to provide comfort in some areas. Besides, a daylight sensor is used to maximize entering natural radiant daylight with the planning of a well-designed lighting system. Where daylight harvesting is the important application of daylight sensor, used to save the cost of energy.

The report provides a detailed study of key market dynamics, market segmentation and regional analysis. The market study contains detailed insights about how the Global Daylight Sensor Market is anticipated to grow during the forecast period.
Global Daylight Sensor Market Dynamics

Government bodies are implementing norms and regulations due to growing environmental concerns, which have led to the growth of the daylighting market across the globe. Similarly,the constantly increasing cost of electrical energy is creating demand for daylight sensor as daylight sensor can effectively reduce energy consumption. These daylight sensors are incorporated in open as well as private offices to save significant energy. Thus the need for saving energy for the existing renewable energy in concern with the environment is expected to drive the growth of the daylight sensor market during the forecast period.

The restraint factors like high initial investment and occupancy of the installation of daylight sensor can hinder the growth of the daylight sensor market during the forecast period.
Global Daylight Sensor Market Segmentation Analysis

By Sensor Types,wireless daylight sensor is most commonly used as compared to wired daylight sensor. This wireless daylight sensor is battery operated sensor, which automatically controls light through RF communication for dimming or switching devices.It acts as an energy-saving sensor along with ease of installation.

By End-use Industry, commercial sector segment held the largest share of 77%in 2019 and is expected to hold maximum share of XX% due to development in infrastructural sector and urbanization across the globe. Similarly, increased demand foran effective lighting system with energy consumption and low cost in developing countries like India, China, and Vietnam, are expected to grow the commercial sector segment in the region.

Also,the residential sector is expected to hold a growth rate of 9.0% during the forecast period due to rapid development in the real estate sector, growing urbanization, rise in advanced features, rise in the standard of living, increasing purchasing power capacity, rise in per capita income of individuals, increasing industrialization, changing way of life and high disposable income are some of the factors especially in emerging regions.

Global Daylight Sensor Market1

To Know About The Research Methodology :- Request Free Sample Report
Global Daylight Sensor Market Regional Map

Global Daylight Sensor Market2

North America is expected to dominate the daylight sensor market during the forecast period owing to heavy investment in R&D and increased advancement in the technology of daylight sensor. Where the U.S is the key market for the daylight sensor due to the demand for advanced technology.

Asia Pacific is expected to hold a growth rate at a CAGR of 9.8% during the forecast period owing to the increase in construction activities in the residential sector and commercial sector. In addition, rapid urbanization, growth of the automotive and consumer electronics industries and increasing levels of consumer disposable income in developing countries are expected to drive the growth ofthe daylight sensor market in the region.

Global Daylight Sensor Market3
Global Daylight Sensor Market Scope: Inquire before buying

Global Daylight Sensor Market4
Global Daylight Sensor Market by Region

• North America
• Asia pacific
• Europe
• Middle East and Africa
• South America
Global Daylight Sensor Market Key Players

• Eaton Corporation
• Lutron Electronics Company
• Acuity Brands
• Zumtobel Group
• Flexonics
• Hubbell Lighting Inc
• Alera Lighting
• Hytronik
• Crestron Electronics, Inc
• ROHM Semiconductor
• Northlight Group LLP
• Kosnic Lighting Ltd

Comments

Post a Comment

Popular posts from this blog

From Silicon to Synapses: Neuromorphic Computing's Impact on AI

The anamorphic computing market is expected to be valued at USD 22,743 thousand in 2021 and is expected to reach USD 550,593 thousand by 2026, at a CAGR of 89.1% between 2021 and 2026. The need for better performing ICs, an increase in demand for artificial intelligence and machine learning, and an increasing number of cross-industry partnerships and collaborations are key factors driving the growth of the market. Artificial intelligence (AI) is being adopted in industries such as medical, media, entertainment, telecom, utility, aerospace, military, consumer devices, food & beverages, and piping. A combination of AI systems and machine learning is set to revolutionize the business environment with smart decisions. However, lack of knowledge about xeromorphic computing and complex algorithms increasing the complexity of designing hardware of endomorphic chips can act as a major challenge in the market during the forecast period. Intel dominated the anamorphic computing market Corp. ...
Read more

Cobots on the Rise: Collaborative Robots Powered by Artificial Intelligence

Image
  The integration of Artificial Intelligence (AI) in the manufacturing sector has brought about a transformative paradigm shift, revolutionizing traditional processes and ushering in the era of Industry 4.0. Artificial intelligence in manufacturing market has witnessed substantial growth, driven by the increasing demand for efficiency, precision, and automation across diverse manufacturing industries. One of the key drivers propelling the growth of AI in manufacturing is the pursuit of operational excellence. Manufacturers are leveraging AI technologies, including machine learning, computer vision, and robotics, to optimize production processes, enhance productivity, and reduce operational costs. AI-powered predictive analytics, for instance, allows manufacturers to anticipate equipment failures and schedule maintenance proactively, minimizing downtime and maximizing overall equipment effectiveness (OEE). Quality control is another critical area where AI is making significant inro...
Read more

Efficiency Unleashed: The Role of Artificial Intelligence in Modern Manufacturing

Artificial Intelligence In Manufacturing Market size is estimated to be valued at USD 3.2 billion in 2023 and is anticipated to reach USD 20.8 billion by 2028 One of the key drivers of AI in the manufacturing market is the increasing demand for automation and smart manufacturing. AI-powered systems enable manufacturers to automate complex tasks, streamline processes, and optimize production lines. This not only leads to cost savings but also enhances the quality and precision of manufacturing processes. Predictive maintenance is another critical application of AI in manufacturing . By leveraging machine learning algorithms and data analytics, manufacturers can predict when equipment is likely to fail, allowing for proactive maintenance measures. This approach minimizes downtime, reduces the risk of unexpected breakdowns, and extends the lifespan of machinery, ultimately contributing to cost-effectiveness. What is the Global Artificial Intelligence in manufacturing market size? I don’t...
Read more