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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Motion Sensor Market Outlook
The global motion sensor market is projected to attain nearly USD 14.29 billion by 2032, growing at a CAGR of 8% over the forecast period of 2024-2032.
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The global motion sensor market is being driven by the rising demand for wearable electronic gadgets and unmanned vehicles, strict government regulations for automotive industry, commercialisation of IoT, and the growing expenditure in the defence sector globally.
Market Segmentation
A motion sensor is a device designed to detect moving objects, especially humans. Motion sensors are often incorporated as a component of a system that detects motion and alerts the user. It is generally found in security systems, automated lighting control, and other useful systems.
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The global motion sensor market can be broadly categorised on the basis of segments like motion technology, applications, and regions.
- Motion Technology:
- Infrared
- Ultrasonic
- Microwave
- Dual Technology
- Tomographic
- Others
- Application:
- Consumer Electronics
- Automotive
- Aerospace and Defence
- Healthcare
- Industrial
- Others
The EMR report looks into the regional motion sensor markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
Strong consumer demand for electronic devices, lucrative opportunities in developing countries, and higher spending on defence to upgrade security systems are some of the major factors driving the growth of the global motion sensor market. The rising acceptance of wearable electronic gadgets and the growing penetration of IoT are further providing growth opportunities to the players in the motion sensor market globally. The growing use of consumer electronics such as smartphones, portable computers, navigation devices, media players, digital cameras, gaming consoles, and e-readers is expected to drive the growth of the global motion sensor industry over the forecast period.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global motion sensor market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- ST Microelectronics N.V
- Murata Manufacturing Co., Ltd.
- Honeywell International Inc.
- NXP Semiconductors N.V
- Analog Devices Inc.
- Microchip Technology Inc.
- InvenSense, Inc.
- Bosch Sensortec GmbH
- KIONIX, Inc.
- MEMSIC Semiconductor (Tianjin) Co., Ltd.
- Others
The EMR report gives an in-depth insight into the motion sensor market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Motion Technology |
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| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of more than 8% between 2024 and 2032.
The major drivers of the market include increasing commercialisation of IoT, growing expenditure in the defence sector, rise in the e-commerce industry, increase in the need for security and safety, rise in the number of household applications such as automated lighting, increase in demand for advanced technologies, and rapid urbanisation and industrialisation.
Rising demand for wearable electronic gadgets and unmanned vehicles, and strict regulations of various governments for the automotive industry are the key trends propelling the market growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The motion technology includes infrared, ultrasonic, microwave, dual technology, and tomographic, among others.
The major applications in the global motion sensor market are consumer electronics, automotive, aerospace and defence, healthcare, and industrial, among others.
The major players in the market are ST Microelectronics N.V, Murata Manufacturing Co., Ltd., Honeywell International Inc., NXP Semiconductors N.V, Analog Devices Inc., Microchip Technology Inc., InvenSense, Inc., Bosch Sensortec GmbH, MEMSIC Semiconductor (Tianjin) Co., Ltd., and KIONIX, Inc., among others.
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