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.
By Application
By Sensor Type
By End use
By Geography
Companies Profiled
Unique Offerings 
