Global Motion Sensors Market By Technology (Infrared, Ultrasonic, Microwave, Dual Technology and Others) By End User (Consumer Electronics, Aerospace & Defense, Healthcare, Automotive, Industrial and Others)
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Market Report Description
The Global Motion Sensors Market size is expected to reach $8.8 billion by 2025, rising at a market growth of 8.2% CAGR during the forecast period.
Motion sensing is an emerging technology that is transforming how machines interact with a human. While the technology majorly finds application in infotainment, with recent innovations, it has successfully penetrated routine household activities and other settings. The rising applications of motion sensors in the consumer electronics and automotive industries have been considerably boosting the market for motion sensors.
Global Motion Sensors Market Size
An increase in the demand for high-end MEMS accelerometers within the industrial and defense applications are boosting the market growth. These applications may include structural health monitoring for bridges, inertial measurement units for navigation and oil exploration. However, the high cost of detectors and the introduction of inexpensive and low-quality detectors in the motion sensor market may restrain the growth of the market. Despite the restraining factors, growing advancements in technology and novel innovations in motion detectors with their growing applications are creating various opportunities for market expansion.
Global Motion Sensors Market Share
Base on Technology, the market is segmented into Infrared, Ultrasonic, Microwave, Dual Technology and Others. Based on End User, the market is segmented into Consumer Electronics, Aerospace & Defense, Healthcare, Automotive, Industrial and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
KBV Cardinal Matrix
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Analog Devices, Inc., Robert Bosch GmbH, Honeywell International, Inc., NXP Semiconductors N.V., STMicroelectronics N.V., IFM Electronics GmbH, TDK Corporation, Panasonic Corporation, KVH Industries, Inc., Sensata Technologies Holdings PLC. The major strategies followed by the market participants are Product launches and Partnerships & Collaborations. Based on the Analysis presented in the Cardinal matrix, Robert Bosch GmbH, Honeywell International, Inc. and Panasonic Corporation are some of the forerunners in the Motion Sensor market.
Scope of the Motion Sensors Market Analysis
- Dual Technology
By End User
- Consumer Electronics
- Aerospace and Defense
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
- Analog Devices, Inc.
- Robert Bosch GmbH
- Honeywell International, Inc.
- NXP Semiconductors N.V.
- STMicroelectronics N.V.
- IFM Electronics GmbH
- TDK Corporation
- Panasonic Corporation
- KVH Industries, Inc.
- Sensata Technologies Holdings PLC
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