The Global Solar Motion Sensor Wall Light Market will Hit $325.8 Million by 2028, at a CAGR of 7.2%

Solar Motion Sensor Wall Light Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Solar Motion Sensor Wall Light Market size is expected to reach $325.8 million by 2028, rising at a market growth of 7.2% CAGR during the forecast period.

The Security market is exhibiting a CAGR of 7.7% during (2022 - 2028). The solar motion sensor wall lights are an excellent choice for lighting garden at nights to keep animals or intruders away. They don’t need any outlet to power them and charge themselves with solar panels.

The Passive Infrared Sensors market is leading the segment in the Global Solar Motion Sensor Wall Light Market by Sensor Type in 2021; thereby, achieving a market value of $272.4 million by 2028. This is due to the small size of the sensors and their efficiency in detecting motion with high accuracy. These sensors bring the advantages of potential electricity cost savings as light goes off when there is no motion.

The Commercial market is showcasing a CAGR of 7.4% during (2022 - 2028). This is due to the rising investments in solar lighting infrastructure development in commercial space. Various utilities, governments, and other local bodies are providing tax relaxations to commercial users to promote the adoption of solar lights.

The Asia Pacific market dominated the Global Solar Motion Sensor Wall Light Market by Region in 2021; thereby, achieving a market value of $136.3 million by 2028. The Europe market is anticipated to grow at a CAGR of 6.7% during (2022 - 2028). Additionally, The North America market would witness a CAGR of 6.5% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/solar-motion-sensor-wall-light-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Solar Motion Sensor Wall Light Market Segmentation

By Application

• Lighting
• Security
• Decoration

By Sensor Type

• Passive Infrared Sensors
• Microwave Radars

By End use

• Residential
• Commercial
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• 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.)
• LITOM

Unique Offerings from KBV Research

• Exhaustive coverage
• The highest number of Market tables and figures
• Subscription-based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free

Related Reports:

North America Solar Motion Sensor Wall Light Market size & Opportunities 2022-2028

Europe Solar Motion Sensor Wall Light Market & Growth Forecast 2022-2028

Asia Pacific Solar Motion Sensor Wall Light Market Share & Industry Outlook to 2028

LAMEA Solar Motion Sensor Wall Light Market Growth, Trends & Forecasts 2022-2028