Motion sensor market size is estimated to reach US$10.4 billion by 2031, according to TMR report

Transparency Market Research

Growing demand for advanced technology vehicles in developing countries is driving the growth of the Asia-Pacific motion sensor market

Wilmington, Delaware, USA, June 13, 2022 (GLOBE NEWSWIRE) — The motion sensor market is expected to register a CAGR of 7.2% for the forecast period from 2022 to 2031. Rising applications of motion sensors in the automotive industry are creating numerous growth opportunities in the motion sensor market. The emerging technology roadmap of motion sensors in airbag deployment systems, advanced driver assistance systems and new-age vehicle safety are expected to open up lucrative avenues in the motion sensor market.

Exponential demand for motion sensors in AR, VR and MR for entertainment, fitness, industrial control and smart homes, among others for applications such as 3D cinema headsets, virtual car showrooms, visualization of construction projects, smart wearable devices, gaming devices and robots is driving the motion sensor market.

Europe held a key share of the motion sensor market in the recent past and is expected to remain at the forefront during the forecast period. Extensive applications of motion sensors in consumer electronics underscore the growth of the motion sensor market in the region.

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Motion Sensor Market – Key Findings of the Report

  • Increased penetration of motion sensors in smartphones/tablets for crisp images and secure videos with high accuracy and low latency to open up new revenue streams in motion sensor market

  • Substantial increase in the demand for smart wearable devices such as smart watches, smart wearables, and smart wristbands used for fitness, calorie counting, and activity recognition is influencing the growth of the motion sensor market

  • The demand for motion sensors in robotics and smart assistants to find a room’s boundaries, plot the path for productive cleaning, and automatically return to its charging station while the battery is draining is creating many opportunities in the motion sensor market

  • The functional ability of motion sensors in games to identify and record gesture control, and real-time motion tracking, orientation, tilt sensing, balance and flight control for fun and enhanced entertainment bolsters installation in gaming devices

  • Special purpose motion sensors are expected to see significant demand for automated doors in shopping malls, commercial spaces and home automation to detect people and objects via small vibrations

  • Meaning of motion acceleration sensor in smart home security helps differentiate critical situations from false alarms before triggering an alert

  • Reliability of accurate data from motion and environmental sensors enables remote control of indoor air conditioning systems via smartphones or through home automation control methodologies

  • The superior functionality of built-in auto-dimming motion sensors and dusk-to-dawn functions in the smart light translates into significant electricity savings in everyday life. For example, the universal dimmer sensor reduces the number of individual devices needed to control lighting in a residential environment

  • The important role of industrial motion sensors in machine automation provides many opportunities in the motion sensor market. Sensors provide product information during manufacturing, provide updates on the status of equipment and machinery, and help guide maintenance to reduce downtime. The main types of motion sensors for industrial applications include accelerometers, inclinometers, and time-of-flight sensors.

  • The critical application of motion sensors in high-tech factories for predictive maintenance, inertial navigation, self-balancing robots, and the increased need for precision in wheel encoders, among others, are creating many opportunities in the market for motion sensors

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motion sensor market – Growth engines

  • Large demand for motion sensors from automotive and consumer electronics industries is fueling the growth of the motion sensor market

  • Rising applications of motion sensor in AR, VR and MR for immersive entertainment experience is giving impetus to motion sensor market

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Motion Sensor Market – Key Players

Some of the major players operating in the motion sensor market are;

  • Analog Devices Inc.

  • Robert Bosch GmbH

  • Microchip Technology Inc.

  • Invensense Inc.

  • Kionix inc.

  • TE connectivity

  • ST Microelectronics

  • Allterco JSCo

  • Honeywell International Inc.

  • Murata Manufacturing Co.Ltd.

  • Memsic inc.

  • NXP Semiconductors AG

  • Sensata Technologies

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The motion sensor market is segmented as follows;

Motion Sensor Market, By Product Type

  • MEMS magnetometer

  • MEMS gyro

  • MEMS accelerometer

  • Sensor combinations

Motion Sensor Market, By Technology

  • microwave sensor

  • tomographic sensor

  • Ultrasonic sensor

  • Infrared motion detector

Motion Sensor Market, By Application

  • Robotics

  • Portable

  • AR/VR/RM

  • Smart Remotes

Motion Sensor Market, By End-Use Industry

  • Aerospace

  • Automotive

  • Consumer electronics

  • Health care

  • Industrial

Motion Sensor Market, By Region

  • North America

  • Europe

  • Asia Pacific

  • Middle East and Africa

  • South America

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