Increasing Demand for Occupancy Sensor Market by 2025
The occupancy sensor market is
projected to reach USD 3.6 billion by 2025 from USD 2.9 billion in 2020; it is
expected to grow at a CAGR of 13.3% during the forecast period. The growth of
the occupancy sensor market is driven by factors such as increasing need for
energy-efficient lighting controls and the growing popularity of smart homes. On the other hand, the rising trend of green buildings
across...