Motion sensing is a rising technology that is transforming the way equipment interacts with machines and humans in the form of detection. Motion sensor is not only used in business and infotainment applications but also in routine activities in homes and other settings.
The global motion sensor market is primarily driven by factors such as increasing application of motion sensors in automotive industry and consumer electronics industry. Motion sensors in the automotive sector are used in advanced driver assistance systems (ADAS), airbag deployment systems and security among others. The automotive industry growth in the developing nations of Asia Pacific can be attributed to rising domestic demand of cars having new technological advancements. Increase in purchasing power of people, improvement in the global economic scenario and the requirement of vehicles are boosting the demand for automotives, globally. Due to growth of the automotive sector, the demand for motion sensors will increase as many luxury vehicles are introducing large number of motion sensor products. Moreover, advanced hybrid and electric vehicles extensively use motion sensors.
Based on types, the motion sensor market is segmented into MEMS magnetometers, MEMS accelerometers, MEMS gyroscopes, ultrasonic sensors and sensor combos. MEMS accelerometers garnered the maximum revenue in 2014. MEMS accelerometer motion sensor is used to detect earthquakes and is also used in detecting medical devices such as artificial body parts among others. MEMS magnetometers are generally used for purposes such as calculation of the magnetic material.
Based on the various technologies, the motion sensor market is segmented into infrared sensor, microwave sensor, tomographic sensor, ultrasonic sensor and others. Infrared sensor garnered the maximum revenue in 2014. Infrared sensor is further sub segmented into passive infrared and active infrared. Active infrared dominated the market in 2014 and expected to retain its dominance during the forecast period of 2015 – 2023. Microwave sensor held the second largest market after infrared sensor in 2014.
In terms of application, the global market is segmented into industrial , automotive , consumer electronics, fitness and wellness, health care, aerospace and defense and others. Industrial application is further segmented into lighting controls, service robotics and fire alarms and smoke detectors. Consumer electronics is sub segmented into gaming and entertainment, wearable devices, smartphones and tablets and others. The sub segmentation of automotive applications market includes advanced driver assistance system, airbag deployment system, security and others. Investment in research & development and new product developments is estimated to contribute to market growth over the estimate period of 2015 -2023. Additionally, rising popularity of wearable technology is anticipated to boost the demand of the consumer electronic sensors industry. Moreover, Motion sensor devices are used to monitor the activity in the immediate vicinity of the car. It is also used in automotive applications for a security system to monitor the activity outside the car.
Based on the geography, motion sensor market is segmented into North America, Europe, Asia Pacific and RoW. Among all the regions, in terms of revenue, Europe held the major market share, accounting for 43.2% in 2014, followed by North America. This trend is anticipated to be the same over the estimate period. Major semiconductor companies and equipment manufacturers in Europe are focusing on business expansion across the region and setting up new plants for increasing their production capacity. The motion sensor market in Europe is anticipated to rise with its rising applications in consumer electronics such as smartphones and tablets among others. Asia Pacific is expected to be fastest growing among all others regions. Asia Pacific is also a lucrative market for consumer electronics and industrial application which in turn, is fueling the growth of the motion sensor market.
Key players profiled in this report include Robert Bosch GmbH (Germany), Honeywell International, Inc(U.S.), Microchip Technology, Inc.(United States), Murata Manufacturing Co. Ltd.( Japan), Invensense Inc.( United States), Memsic Inc.( United States), Kionix Inc.(U.S.), Analog Devices, Inc.(U.S.), NXP Semiconductors N.V.( The Netherlands) and ST Microelectronics(Switzerland) among others.
Global Motion Sensor Market: Overview
Motion sensing is the new technology that is bringing a far-reaching change in security systems not only in business but home settings as well. This is because motion sensors can detect motion of living or non-living objects that are within the sensor’s range. Motion sensors are vital in smart floodlights, home control, automated lighting control, and security systems among others.
The global motion sensor market is segmented by type, application, technology, and geography.
The report analyzes the global motion sensor market in a ground-up manner, which includes historical data, current data, and forecasts for a satisfactory analysis of the market’s progression over the forecast period from 2015 to 2023. Analysts tapped into primary and secondary sources and conducted extensive interviews with industry experts to obtain their viewpoint about the growth of the industry.
The publication provides a comprehensive analysis of the vendor landscape of the market, which makes it an interesting read. Top companies are profiled for their distinguishing competitive attributes of business standing, financial standing, product portfolio and SWOT analysis.
Global Motion Sensor Market: Trends and Opportunities
The global market for motion sensors is driven by factors such as rising application of motion sensors in consumer electronics industry and automotive industry. In the automotive industry, motion sensors are deployed in airbag deployment systems, advanced driver assistance systems, and security among others. With the growth of the automotive industry in Asia Pacific due to increasing purchasing power of individuals and improving economic conditions, the motion sensor industry is benefitted indirectly. In particular, the demand for high-end vehicles equipped with motion sensor products will be beneficial for the market’s growth. For example, electric vehicles and advanced hybrid vehicles are largely equipped with motion sensors.
On the basis of product type, the motion sensor market is classified into MEMS magnetometers, MEMS gyroscopes, sensor combos, MEMS accelerometers, and ultrasonic sensors. Of these, MEMS accelerometers accounted for the maximum revenue to the overall market in 2014. They are used to detect earthquakes and also to detect prosthetics among others. MEMS magnetometers are mainly used for applications such as calculation of magnetic material.
Application-wise, the segments of the market are industrial application, consumer electronics, healthcare, automotive, fitness and welfare, and defense and others. The industrial application segment is sub-segmented into lighting controls, fire alarms and smoke detectors, and service robotics. The consumer electronics application segment is sub-segmented into gaming and entertainment, smartphones and tablets, and wearable devices, and others. Consumer electronics is the leading application segment of the motion sensor market due to the increasing deployment of motion sensors in smartphones and microwaves. Smartphones and tablets account for the leading revenue to the consumer electronics segment trailed by gaming and entertainment. However, gaming applications are expected to contribute substantial revenue to the motion sensor market over the forecast period.
Global Motion Sensor Market: Regional Outlook
North America, Asia Pacific, Europe, and Rest of the World are the regional segments into which the motion sensor market is divided. In 2014, Europe held the leading share of the global market due to the increasing use of motion sensors in smartphones and microwave ovens. The region was followed by North America.
Global Motion Sensor Market: Competitive Landscape
The report profiles top players in the motion sensor market, namely Robert Bosch GmbH, Microchip Technology Inc., Invensense Inc., Kionix Inc., NXP Semiconductors N.V., Honeywell International Inc., Murata Manufacturing Co. Ltd., Memsic Inc., Analog Devices Inc., and ST Microelectronics among others.
The global motion sensor market is segmented as follows:
Global Motion Sensor Market: By Type
- MEMS (Micro Electro Mechanical Systems) Magnetometer
- MEMS (Micro Electro Mechanical Systems) Accelerometer
- MEMS (Micro Electro Mechanical Systems) Gyroscope
- Ultrasonic Sensor
- Sensor Combos
Global Motion Sensor Market: By Technology Type
- Microwave Sensor
- Infrared Motion Sensor
- Passive Infrared
- Active Infrared
- Tomographic Sensor
- Ultrasonic Sensor
Global Motion Sensor Market: By Application Type
- Industrial Application
- Lighting Controls (Outdoor/Indoor)
- Service Robotics
- Fire Alarms & Smoke Detectors
- Consumer Electronics
- Gaming & Entertainment
- Wearable Devices
- Smart phones & Tablets
- Automotive Application
- Advanced Driver Assistance System (ADAS)
- Airbag Deployment System
- Fitness and Wellness
- Aerospace and Defense
Global Motion Sensor Market: By Geography
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Rest of the World (RoW)
- Middle East
- Latin America
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- A clear understanding of the competitive landscape and key product segments