Global Market for Motion Sensor is Anticipated to grow at a Significant Pace i.e., USD 7.79 Billion during the Forecast Period 2021-2027

Published Date: Aug, 2021

The global motion sensor market is expected to witness a CAGR of 7.41% during the forecast period. The global motion sensors market is growing rapidly owing to the increasing investment in automation across different industry verticals. Moreover, the motion sensors market is witnessing substantial growth owing to the rising demand for smartphones and wearable devices in the emerging economies due to the rising disposable income and enhancement in the standard of living which lead to the increase in the demand for electronic devices in these economies. Furthermore, burgeoning investment in home automation and smart homes and investment by the government in building smart cities will provide promising opportunities for the manufacturers over the forecast period. The industry players are investing in R&D and are launching new and enhanced sensor technologies along with the rising participation by various manufacturers for the development of technologically advanced products in different industry verticals such as automotive and consumer electronics during the forecast period.

The COVID-19 pandemic has severely affected the global sensor and control industry. The need for house security has increased resulting in a gradual rise in the motion sensors industry. The increasing robotics and automation market will have a positive impact on the motion sensors industry.

Browse 53 market data Tables and 35 Figures spread through 180 Pages and in-depth TOC on " Motion Sensor Market by Motion Sensor Technology (Infrared Sensors, Microwave Sensors, Tomographic Sensors, Ultrasonic Sensors, Dual Technology Sensors, and Others), by Embedded Sensors (MEMS Magnetometers, MEMS Accelerometers, MEMS Gyroscopes, and Sensor Combos), by Application (Automotive, Consumer Electronics, Healthcare, Industrial, Aerospace & Defense, and Others), and Region - Global Forecast to 2027"

The increasing adoption of motion sensors in automotive will lead to lucrative growth over the forecast period

Motion sensors are used in the automotive sector owing to the development of ADAS, airbag deployment systems, and hybrid and electric vehicles. The advancement of driverless cars plays an important role in the growth of the motion sensor market as these cars use technology such as LiDAR that uses light detection and ranging motion detection & protection while driving.

Global Motion Sensor Market Segmentation Analysis

Segment

Categorization

Leading Category

Motion Sensor Technology

Infrared Sensors, Microwave Sensors, Tomographic Sensors, Ultrasonic Sensors, Dual Technology Sensors, and Others

Infrared Sensors (Largest)

Dual Technology (Fastest)

Embedded Sensors

MEMS  Magnetometers, MEMS Accelerometers, MEMS Gyroscopes, and Sensor Combos

MEMS Accelerometers (Largest)

Application

Automotive, Consumer Electronics, Healthcare, Industrial, Aerospace & Defense, and Others

Consumer Electronics (Largest)

Industrial (High CAGR)

Region

North America, Europe, Asia-Pacific, and Rest of the World

Europe (Largest)

Asia-Pacific (Fastest)

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“The Asia Pacific region is anticipated to have a lucrative market share over the forecast period.”

The Asia Pacific region is expected to become the fastest-growing motion sensor market during the forecast period due to the development of technologies such as the Internet of Things and wireless sensor networks which has led to the innovative concept of smart homes and robotic kitchens, thus driving the demand for the motion sensor. Countries such as China and Japan are manufacturing and assembly centers in the consumer electronics field, such as Samsung and Sony, which will promote the growth of the motion sensor market in the region.

Some of the major players in the global motion sensor market include Honeywell International Inc., Murata Manufacturing Co., Ltd., KIONIX, Inc., NXP Semiconductors, STM icroelectronics, TE Connectivity, Sensata Technologies, Inc., MEMSIC Semiconductor (Tianjin) Co., Ltd., Bosch Sensortech GmbH, and KVH Industries, Inc.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2015–2027

Historical Period

2015–2020

Base Year

2020

Forecast Period

2021–2027

Segments Covered in the Study

Motion Sensor Technology, Embedded Sensor, Application, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

Honeywell International Inc., Murata Manufacturing Co., Ltd., KIONIX, Inc., NXP Semiconductors, STM icroelectronics, TE Connectivity, Sensata Technologies, Inc., MEMSIC Semiconductor (Tianjin) Co., Ltd., Bosch Sensortech GmbH, and KVH Industries, Inc.

Global Motion Sensor Market Coverage

Motion Sensor Technology Insight and Forecast 2015-2027

  • Infrared Sensors
  • Microwave Sensors
  • Tomographic Sensors
  • Ultrasonic Sensors
  • Dual Technology Sensors
  • Others

Embedded Sensor Insight and Forecast 2015-2027

  • MEMS Magnetometers
  • MEMS Accelerometers
  • MEMS Gyroscopes
  • Sensor Combos

Application Insight and Forecast 2015-2027

  • Automotive
  • Consumer Electronics
  • Healthcare
  • Industrial
  • Aerospace & Defense
  • Others

Geographical Segmentation

Motion Sensor Market by Region

North America

  • By Motion Sensor Technology
  • By Embedded Sensor
  • By Application
  • By Country – U.S., Canada, and Mexico

Europe

  • By Motion Sensor Technology
  • By Embedded Sensor
  • By Application
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Motion Sensor Technology
  • By Embedded Sensor
  • By Application
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Motion Sensor Technology
  • By Embedded Sensor
  • By Application
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries