In a recent Forbes article, contributor Heather Clancy discussed a Navigant Research finding that says over the next seven years, the annual sales for occupancy sensors, photosensors, and lighting network gear related to LED lighting applications will grow from $1.1 billion in 2013 to $2.7 billion by 2020.
What’s exciting is that the sensors created could be used for more than just efficient commercial lighting, but for many other smart applications.
“Yes, these networks are really good at turning off the lights when people aren’t around or dimming them when it’s bright, saving electricity. But those sensors are also harvesting other useful data about temperature, occupancy and their surroundings that could have all sorts of other applications.”
Continue reading the full story at Forbes.com.