Sarasota, FL, March 03, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Motion Sensors Market (Microwave, Infrared, Ultrasonic, Dual Technology & Tomographic) for Automotive, Consumer Electronics, Industrial, Healthcare, and Aerospace & Defense and Other Applications and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014-2022”. According to the report, global motion sensors market was valued at around USD 3.97 billion in 2016 and is expected to reach approximately USD 8.17 billion in 2022, growing at a CAGR of slightly above 12.8% between 2017 and 2022.
The motion sensor is an electronic device that senses motion of any non-living or living objects within its range. Motion sensors are a vital component in smart floodlights, automated lighting control, energy efficiency, home control and security systems etc. These devices save energy, time and are easy for installation. The motion sensor is used in infotainment and business applications and in routine activities in homes and other settings.
Browse through 17 Market Tables and 24 Figures spread through 110 Pages and in-depth TOC on “Global Motion Sensors Market: By Type, Technology, Application, Size, Share, Analysis, Segment and Forecast 2016 – 2022”.
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A significant number of applications in commercial and household purposes such as automated lighting control and energy efficiency security is expected to propel global motion sensors market growth. However, availability of alternatives at low cost is restraining the motion sensors market growth. In addition, limitations of the accelerometer are plummeting the market growth. However, growing application in different sectors for motion sensors will provide opportunities for the growth of the motion sensors market.
On the basis of type motion sensor market is segmented into accelerometer, gyroscope, magnetometer and sensor combos. Growing usage of gyroscopes for high stability, image stabilization and navigation in the consumer electronics industry is expected to spur the growth of this segment during the forecast period. The technology used in motion sensors are infrared, microwave, ultrasonic, dual technology and tomographic.
Browse the full "Motion Sensors Market (Microwave, Infrared, Ultrasonic, Dual Technology & Tomographic) for Automotive, Consumer Electronics, Industrial, Healthcare, and Aerospace & Defense and Other Applications and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014-2022 " report at https://www.zionmarketresearch.com/report/motion-sensors-market
On the basis of the region, the motion sensor market is segmented into North America, Europe, Latin America, Asia pacific and Middle East& Africa. Europe is the largest market for motion sensor and estimated to retain its dominance over the estimated period. In order to expand business manufactures are setting up plants across the globe which in turns to escalate the motion sensors market growth. Moreover, increasing applications of consumer electronics such as smartphones, tablets are impelling the demand of motion sensor over the forecast period. The major players in Europe are BOSCH Sensortec GmbH, Colibrys SA, and Atmel Corporation among others.
North America is another largest market followed by Europe. In North, America U.S dominated the motion sensor market followed by Canada. Increasing usage of consumer electronics is driving the motion sensor market growth. Asia Pacific is expected to be fastest growing among all others regions. Asia Pacific is a lucrative market for consumer electronics and industrial application which in turn to fuel the growth of the motion sensor market.
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Latin America is estimated significant growth of motion sensors market in near future owing to cheap labor, low manufacturing cost, and original equipment manufacturer. Brazil and Argentina are also contributing motion sensor market growth. The Middle East and Africa is expected to be one of the fastest growing regional markets for motion sensor in the coming years. Due to high usage of infrared sensors in mobile phones, printer heads and hard disks the Middle East & Africa is expected to witness significant growth in coming years.
The key players participate in motion sensor space are Freescale Semiconductor, Ltd., ST Microelectronics, Invensense, Inc., Analog Devices, Inc., Murata Manufacturing Co. Ltd., Honeywell International, Inc., Microchip Technology, Inc., Kionix Inc, Bosch Sensortec GmbH and Memsic Inc., among others.
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The report segments global motion sensors market as follows:
Global Motion Sensors Market: Type Segment Analysis
- Accelerometer
- Gyroscope
- Magnetometer
- Sensor combos
Global Motion Sensors Market: Technology Segment Analysis
- Infrared
- Microwave
- Ultrasonic
- Dual Technology
- Tomographic
Global Motion Sensors Market: Application Segment Analysis
- Automotive
- Consumer electronics
- Industrial
- Healthcare
- Aerospace & defense
- Others
Global Motion Sensors Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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