Europe Solar Motion Sensor Wall Light Market Size, Share & Industry Trends Analysis Report By Application (Lighting, Security and Decoration), By Sensor Type (Passive Infrared Sensors and Microwave Radars), By End use, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Solar Motion Sensor Wall Light Market would witness market growth of 6.7% CAGR during the forecast period (2022-2028).
Cities are opting for smart energy approaches to meet their sustainability goals. The surge in investments in various solar lighting and smart cities is expected to fuel the solar motion sensor wall light businesses. In addition, numerous key players are launching hybrid network architectures to give highly versatile solutions for street lighting.
Solar motion sensor wall light equipped with a smart lighting network establishes a connection between the components through a secured and reliable wired or wireless network. This connection enables two-way communication to monitor and control the lighting functions. An intelligent lamp control system consists of electronic components, light fittings, energy storage equipment, and network devices for communication.
These systems give high energy efficiency and better control by reducing power consumption in lighting applications. Smart city light control and monitoring allows the operator to control the luminance intensities of the lighting as per ambience, occupancy, physical presence and the intensity of the daylight.
Housing in France started to rebound to 390,000 units, while the building permits grew by 4.9% over the last two years. Due to the dynamic in the individual housing segment, numerous factors are increasing these stats. For instance, the anticipation of future environmental regulations and the zero-net land artificialization (ZAN). The increasing adoption of renewable energy and the rising number of houses will promote the usage of solar panel products and propel the growth of the solar motion sensor wall light market.
The Germany market dominated the Europe Solar Motion Sensor Wall Light Market by Country in 2021; thereby, achieving a market value of $19,252.6 Thousands by 2028. The UK market is exhibiting a CAGR of 5.8% during (2022 - 2028). Additionally, The France market would experience a CAGR of 7.5% during (2022 - 2028).
Based on Application, the market is segmented into Lighting, Security and Decoration. Based on Sensor Type, the market is segmented into Passive Infrared Sensors and Microwave Radars. Based on End use, the market is segmented into Residential, Commercial and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Solar Motion Sensor Wall Light Market will Hit $325.8 Million by 2028, at a CAGR of 7.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke Philips N.V., Lee Valley Tools Ltd., Wentronic GmbH, Safety Inspectors UK Ltd., ARALIA - LYX-luminaires S.a.r.l, CGC Interiors (CGC Group UK Ltd.), Hugo Brennenstuhl GmbH & Co Kommanditgesellschaft, LEDVANCE GmbH (MLS Co., LTD.) and LITOM
Scope of the Study
Market Segments Covered in the Report:
By Sensor Type
- Passive Infrared Sensors
- Microwave Radars
By End use
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Koninklijke Philips N.V.
- Lee Valley Tools Ltd.
- Wentronic GmbH
- Safety Inspectors UK Ltd.
- ARALIA - LYX-luminaires S.a.r.l
- CGC Interiors (CGC Group UK Ltd.)
- Hugo Brennenstuhl GmbH & Co Kommanditgesellschaft
- LEDVANCE GmbH (MLS Co., LTD.)
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