With constant innovation in sensors technology, there has been an increase in the use of motion sensors in various applications thus providing a boost to the overall motion sensors market. This market is expected to grow exponentially in the next few years at a double digit compounded annual growth rate. This research report analyzes the sensor market on the basis of its segments and major geographies. The report is a complete study that provides detailed information about trend analysis, market numbers, industry growth drivers, and restraints along with future market projections. It includes analysis of current developments, Porter’s five force analysis and detailed profiles of top industry players. The report also includes the detailed review of macro and micro factors significant for the existing market players and new entrants along with detailed value chain analysis.
Consumer electronics and automotive devices hold the largest market share of the motion sensor industry. This market share is expected to grow considerably due to the use of motion sensors in advanced automotive applications and rise in the number of corporate buyers.
Motion Sensor Market Segmentation
The global motion sensor market is segmented based on –
MEMS accelerometer, MEMS (Micro-Electro-Mechanical Systems) gyroscopes, digital compass, combo’s sensor
Passive infrared sensors, ultrasonic sensors, microwave sensors, tomographic sensors, dual technology sensor
Consumer electronics, automotive, industrial and healthcare, aerospace and defense
Motion sensors are combined with different products to provide easy access. This sensor technology is in great demand with products like smart phones and tablets. Consumer electronic products have the maximum contribution in the global motion sensors market.
The major geographies analyzed under this research study are North America, Asia-Pacific, Europe, and the Rest of the World.