Occupancy Sensor Market Forecast Report 2024-2029 - Market is Forecast to Grow at a CAGR of 13.42%, Reaching a Market Size of US$4.144 Billion in 2029 [Yahoo! Finance]
Eaton Corporation, PLC Ordinary Shares (ETN)
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Source: Yahoo! Finance
Occupancy Sensor Market Dublin, Dec. 03, 2024 (GLOBE NEWSWIRE) -- The "Occupancy Sensor Market - Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering. The occupancy sensor market is expected to grow at a CAGR of 13.42%, reaching a market size of US$4.144 billion in 2029 from US$2.208 billion in 2024. The technological advancements and innovation of programmable sensors with precise detection and efficient performance have made the working of occupancy sensors possible like never before. The rapid penetration of IoTs and the increasing development of smart homes, smart offices, and smart cities are a few factors that predominantly contribute to the global occupancy sensor market. This market is further segmented based on the types of sensors, end-user sectors, and geographical regions. Growing investment in the development of smart houses, enterprise buildings, factories, and cities Smart cities, as well as homes, come together using wirele
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