Market Highlights
It has been observed that penetration of micro-electro-mechanical systems technology into the motion sensor industry has enabled its application across verticals that is aiding the growth of overall motion sensor market. The study indicates that motion sensor enables detection of any uncertain activity happening at home or any other area under surveillance. The motion sensor has numerous benefits such as detection of intruder, control ATM displays, automatically turn on or turn off lights, which is another driving factor for the motion sensor market.
Motion Sensor Market Size will grow by 11% in 2022. Also, as per the Market Research, the market value is estimated as 7 billion in 2022.
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Key Players
The prominent players in the Motion Sensor market are- Bosch Sensortec GmBH (Germany), Freescale Semiconductor Ltd. (U.S.), Honeywell International, Inc. (U.S.), Murata Manufacturing Co., Ltd. (Japan), Analog Devices, Inc. (U.S.), STMicroelectronics (Switzerland), Microchip Technology, Inc. (U.S.), Memsic, Inc. (U.S.), Kionix, Inc (U.S.) among others.
Motion Sensors Global Market - Segmentation
The motion sensors market can be classified into 4 key segments for the convenience of the report and enhanced understanding;
- Segmentation by Sensing Technology: Comprises of Infrared Sensor, Ultrasonic Sensor, Microwave Sensor, Tomographic Sensor, and Dual-Technology Motion Sensor.
- Segmentation by Sensor Type: Comprises of MEMS Accelerometer, MEMS Gyroscope, MEMS Magnetometer, and Combination Sensors.
- Segmentation by Application: Comprises of Consumer Electronics, Automotive, Industrial & Healthcare, and Aerospace & Defense.
- Segmentation by Region: Comprises of Geographical regions - North America, Europe, Asia Pacific and Rest of the World.
Motion Sensors Global Market - Regional Analysis
Asia Pacific is expected to witness a significant growth and hold the largest market share during the forecast period. Germany, China, Japan and India are anticipated to drive the growth of the motion sensor market in Asia Pacific owing to the presence of a large number of established key players such as Bosch Sensortec GmbH and Murata Manufacturing among others. Also, China being the hub for electronic devices, the increasing demand for motion sensors in consumer electronics is driving the market growth. Also, availability of low cost raw material and labour are other major factor driving the growth of motion sensors market in Asia Pacific region. Motion sensors market in North America is expected to grow at a substantial CAGR during 2017 to 2023 due to increasing demand for consumer electronics in the region.
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Intended Audience
- Technology investors
- Consumer electronics manufacturers
- Consumer electronics application providers
- Integrated device manufacturers (IDMs)
- Sensors manufacturers
- Original equipment manufacturers (OEMs)
- Technology integrators
- Developers and platform providers
- Research/Consultancy firms
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