Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.27 Billion | USD 23.92 Billion | 21.1% | 2023 |
According to the report published by Zion Market Research, the global Daylight Sensor Market size was valued at USD 4.27 Billion in 2023 and is predicted to reach USD 23.92 Billion by the end of 2032. The market is expected to grow with a CAGR of 21.1% during the forecast period.
The report analyzes the global Daylight Sensor Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Daylight Sensor industry.
A daylight sensor is an instrument that effectively reads the natural light and transfers the signal to the control system. Daylight sensors are also known as light sensors or photocells. It is similar to a solar panel that can only work with the help of sunlight. The daylight sensor comprises a block object that releases a Redstone signal as a result. Redstone signals are activated and easily control mechanisms utilized in automatic door sensors and others. Moreover, the light sensors were utilized to extract Redstone energy which is directly proportional to day and night light. It basically measures the impact of natural light adjusting the lighting zone.
The daylight system facilitates 60% of lighting power to offer comfort in various areas. A daylight sensor is utilized to maximize the amount of natural red and daylight entering with a well-planned and designed lighting system. Daylight harvesting is a vital usage of daylight sensors that helps in saving money. Also, the government bodies are approving several regulations and norms owing to the worsening environmental health conditions. However, such increasing concerns regarding environmental health are significantly fuelling the growth of the global daylight sensor market. Simultaneously, there is a constant spike in the cost of electrical energy, which in turn is also posing a huge demand for daylight sensors that can help in lowering energy consumption.
Such sensors are included in private offices as well as open spaces to save power. The requirement for power saving for the existing renewable energy is among the high-priority list of environmentalists, government bodies, and several other non-profit organizations. However, the various campaigns and efforts made by these bodies are likely to expedite the adoption of daylight sensors globally.
The manufacturers in the global daylight sensor market are now emphasizing maximizing the daylight sensors sensitivity to offer more accurate results. Such development will accelerate and penetrate the daylight sensors more deeply in the market. These sensors are likely to have a wide range of applications in diverse sectors including residential, automotive, and several others. The residential and commercial sector is highly demanding power saving devices.
The daylight sensors are finding a huge place in the home and open spaces. The sensors offer an automatic power output. Manufacturers are increasing their funding to accelerate their research and development activities to launch innovative products in the market to attract customers and also provide them with cost-effective solutions. However, various government policies and initiatives are supporting the growth of the market.
The global daylight sensor market can be segmented into industry verticals, installation methods, types, and regions.
By industry vertical, the market can be segmented into industrial, residential, and commercial. The commercial segment dominates the global daylight sensor market owing to advancements in the infrastructural sector. The surging urbanization globally is another key factor fuelling the growth of the segment.
By installation method, the market can be segmented into partial open-loop, open loop, and closed-loop.
By type, the market can be segmented into wired and wireless. The wireless daylight sensor accounts for the largest share in the global daylight sensor market. The sensors are battery-operated ones that automatically administer the light with the help of RF communication for switching between the devices. It is a good energy-saving option that is very easy to install.
Report Attributes | Report Details |
---|---|
Report Name | Daylight Sensor Market |
Market Size in 2023 | USD 4.27 Billion |
Market Forecast in 2032 | USD 23.92 Billion |
Growth Rate | CAGR of 21.1% |
Number of Pages | 214 |
Key Companies Covered | Kosnic Lighting Ltd, Northlight Group LLP, ROHM Semiconductor, Crestron Electronics, Inc, Hytronik, Alera Lighting, Hubbell Lighting Inc, Flexonics, Zumtobel Group, Acuity Brands, Lutron Electronics Company, and Eaton Corporation |
Segments Covered | By industry verticals, By installation methods, By types and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America accounts for the largest share in the global daylight sensor market due to the rapid development and innovation in various fields. Moreover, the region is known as the hub of industrialization and digitalization, thereby the region possesses a vast number of organizations and small-medium enterprises which demand cost-effective solutions. However, the ongoing technological advancements in the technology of daylight sensors are likely to offer several convenient solutions to the consumers, thereby fuelling the demand for the sensors in the region.
Asia Pacific is expected to be the fastest-growing region in the global daylight sensor market owing to the growing economies in the region. Countries like India and China are transforming rapidly. The growing urbanization and development of towns & cities are likely to further demand affordable daylight sensors in the region. Also, the growing disposable income of the people is compelling them to demand advanced and premium products which also support good environmental health. However, such an emerging scenario is likely to further accentuate the growth of the regional market in the forthcoming years.
The global daylight sensor market is led by players like:
By Industry Verticals
By Installation Method
By Type
Global Daylight Sensor Market: Regional Segment Analysis
What Reports Provides
FrequentlyAsked Questions
A daylight sensor is a device that efficiently detects natural light and transmits the signal to the control system. Light sensors or photocells are also referred to as daylight sensors. It is comparable to a solar panel that functions exclusively in the presence of sunlight.
The daylight system provides comfort in a variety of areas by utilizing 60% of the illumination power. In order to optimize the quantity of natural red and daylight that enters a well-designed and planned lighting system, a daylight sensor is employed. Daylight harvesting is a critical application of daylight sensors that facilitates cost savings.
According to the report published by Zion Market Research, the global Daylight Sensor Market size was valued at USD 4.27 Billion in 2023 and is predicted to reach USD 23.92 Billion by the end of 2032.
The market is expected to grow with a CAGR of 21.1% during the forecast period.
North America accounts for the largest share in the global daylight sensor market due to the rapid development and innovation in various fields. Moreover, the region is known as the hub of industrialization and digitalization, thereby the region possesses a vast number of organizations and small-medium enterprises which demand cost-effective solutions. However, the ongoing technological advancements in the technology of daylight sensors are likely to offer several convenient solutions to the consumers, thereby fuelling the demand for the sensors in the region.
Some of the significant players in the global daylight sensor market are Kosnic Lighting Ltd, Northlight Group LLP, ROHM Semiconductor, Crestron Electronics, Inc, Hytronik, Alera Lighting, Hubbell Lighting Inc, Flexonics, Zumtobel Group, Acuity Brands, Lutron Electronics Company, and Eaton Corporation.
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