Daylight Sensor Market Outlook - 2030
A daylight sensor is a device that reads the natural light and sends a signal to the control system. Daylight sensors are also called photocells or light sensors. A daylight sensor or detector is like a solar panel that can only be activated by sunlight. The daylight sensor consists of a block object that can emit a redstone signal as output; red stone signals are the activated and control mechanism used in sensors, automatic door, and others. In addition, daylight sensors are used to generate redstone energy proportional to day and night light.
The companies involved in the manufacturing of daylight sensor are now focusing on maximizing the sensitivity of the daylight sensor, which will provide more accurate results. This development will help the daylight sensor to penetrate more in the market. The daylight sensor finds applications in diverse sectors such as automotive, residential, and many others.
The global daylight sensor market is segmented on the basis of type, installation method, industrial vertical, and region. Based on type, the market is divided into wireless and wired. In terms of installation method, the market is categorized into closed loop, open loop and partial open loop. On the basis of industrial vertical, the market is divided into commercial, residential, and industrial. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global daylight sensor industry include Eaton Corporation, Lutron Electronics Company, Acuity Brands, Zumtobel Group, Flexonics, Hubbell Lighting Inc., Alera Lighting, Hytronik, Crestron Electronics, Inc., ROHM Semiconductor, Northlight Group LLP, and Kosnic Lighting Ltd. among others. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global daylight sensor market.
COVID-19 Impact Analysis
The outbreak of the COVID-19 pandemic has severely affected the business of almost all industries. While the COVID-19 pandemic crisis unfolds, regulatory bodies all over the world are in the compulsion to impose strict lockdown and travel bans. Moreover, this has drastically affected the growth rate and in turn impacted the global daylight sensor market share.
Due to the COVID-19 pandemic, the supply chain systems were disrupted and strict instruction of the governing bodies to follow social distancing norms forced the industries to work with minimal workforce, which led to the decrease in production rate of industries. Thus, all these factors negatively contribute to the growth of the daylight sensor industry.
However, after the COVID-19 pandemic, the diversified and innovative applications of daylight sensor such as commercial, residential and industrial will drive the growth of the daylight sensor market.
Top Impacting Factors
Rising electricity prices and growing environment related problems, such as transmission lines, affect the bird’s flight, cutting down of forests, and others around the world. Daylight sensors play an important role in caring for the environment by deliver energy-saving demand and provide innovation in renewable energy. Thus, rise in need for environment-friendly solution drives the demand for daylight sensors in the market.
In residential sector, due to rising energy costs, daylight sensors are an attractive part of a strategy to reduce energy consumption. It can save a lot of energy in outdoor and private offices during working hours, and daylight sensors can be used as an accurate solution to environmental problems.
Tendency of installation of daylight sensor and high initial cost are restraint the daylight sensor market growth.
Extensive Use of Daylight Sensor in the Residential and Commercial Sector
In residential and commercial sector, the demand for energy saving device is increasing. Daylight sensor used as an energy saving device for home, and others. Daylight sensor provides an automatic power output. Among the type of the daylight sensors, wireless daylight sensors are used more frequently than wired daylight sensors.
Wireless daylights sensor is easy to install and efficiently works as the energy saving sensor as compared to the wired daylight sensor. Due to the application to work as a battery-powered sensor that can automatically adjust the light through radio frequency communication to dim or switch devices, wireless daylight sensors dominate the market growth of day light sensor. Thus, the rising need for wireless daylight sensor increased the demand for daylight sensor in the market.
Surge in Usage of Adoption of Renewable Energy and In Corporates
Daylight sensors are installed in open and private offices to save a lot of energy. Therefore, the energy-saving demand for existing renewable energy related to the environment makes use of daylight sensors, which provide significant growth for the daylight sensor in the market. As per the analysis for daylight sensor market period, renewable energy sector is expected to create daylight sensor market opportunities.
According to the U.S. Department of Energy, commercial lighting accounts for an average of 38% of electricity, more than any other building system. If there is a goal of rapidly reducing the energy costs, it is best to start with lighting. A well-implemented daylight utilization plan to illuminate the building can usually save 20-60% of energy while providing the right amount of light in the room.
Key Benefits of the Report
- This study presents the analytical depiction of the daylight sensor market forecast along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the daylight sensor market trends.
- The current market is quantitatively analyzed to highlight the daylight sensor market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed daylight sensor market analysis depending on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Daylight Sensor Market Research Report
- Which are the leading players active in the daylight sensor market size?
- What are the detailed impacts of COVID-19 on the daylight sensor market?
- What current trends will influence the daylight sensor market in the next few years?
- What are the driving factors, restraints, and opportunities in the daylight sensor market?
- What future projections would help in taking further strategic steps?
Daylight Sensor Market Report Highlights
By Industry Vertical
Key Market Players
Zumtobel Group, Lutron Electronics Company, Eaton Corporation, Alera Lighting, Crestron Electronics, Flexonics, Hytronik, Hubbell Lighting Inc., Acuity Brands