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Tag search results for: "occupancy sensor companies"
The global occupancy sensor market is expected to
reach USD 5.20 billion in 2030 from USD 2.75 billion in 2024, at a CAGR of
11.2% during the forecast period. The demand for occupancy sensors is
increasing due to the need for high energy efficiency, new releases of smart
home technologies, and growing interest in sustainability. It activates
lighting systems, heating, ventilation, cooling, and other appliances in a room
according to its occupancy to help reduce energy consumption. In addition, the
development of smart building... more
