Introduction
A motion sensor is a device that detects
moving objects, particularly people. These devices are efficient as they save
energy and time, and they are also easy to install. According to supply chain studies of Knowledge
Sourcing Intelligence a market research company, the market of motion sensors has been segmented by technology, by
industry vehicle, and by geography. By technology, the market is segmented into
infrared, ultrasonic, microwave, tomographic, dual technology, and vibration.
By industry vertical, the market is segmented into consumer electronics,
automotive, healthcare, and industrial. Geographically, the market is segmented
into North America, South America, Europe, Asia Pacific, and Middle East and
Africa.
Drivers
and restraints of Motion Sensor Market
Motion sensors are one of the primary
sensing techniques which are used across industry verticals including consumer
electronics, healthcare, automotive, and industrial among many others.
Increasing expenditure on research and development for the launch of new models
will drive demand for these sensors. In addition, the rapid adoption of motion
technology by the gaming industry will further boost the motion sensor market growth.
The growing adoption of wearable electronics and increasing application
of these detectors in smartphones and tablets due to increasing demand for
motion-controlled games will further boost the growth of the market. Motion
sensors are employed in various applications in the automobile sector such as
ADAS, airbag deployment systems, and security. However, the high cost of these
sensors and the introduction of new sensors having low cost and lower
performance may restrain the market growth. motion sensor market size is expected to grow in the coming future
owing to technological advancements and innovations in the motion sensors.
Market
Segmentation
Europe region is expected to have a
significant market share of the global
motion sensor market share. The market share is projected on account of
increasing demand from automotive and consumer electronics in the region. The
established automobile sector in the region is boosting the market growth.
North America region is also expected to have a significant market share owing
to the presence of major market players and the rapid adoption of new
technology. The Asia Pacific region will witness substantial growth in the
coming years owing to the favorable government policies promoting the
manufacturing industry and rising demand for motion detectors for security and
surveillance applications.
The infrared technology segment is expected
to have a significant market share on account of the increasing demand for
infrared motion sensors from the security and surveillance sector. Moreover, a
large range of these sensors makes it suitable for industries such as consumer
electronics, healthcare, and industrial. The market of dual technology is
expected to witness rapid growth owing to its increasing use in consumer
electronics and automotive sectors. Consumer electronics segment is expected to
have a significant market share on account of the globally increasing demand
for consumer electronics such as smartphones, laptops, digital cameras, gaming
consoles, and e-readers.
Major industry players of the market are
Honeywell International Inc., Microchip Technology Inc., NXP Semiconductors,
and TDK Corporation among others.
Key
Questions Answered in This Report:
·
What are the key regions having
a significant market share of the market?
·
What are the drivers and
restraints of the market?
·
Who are the key market players
in the market?
·
What is market segmentation of
the motion sensor market?
·
What are the industries using motion
sensor?
North America Having major Share of this
Market Globally
Follow us
Comments
Post a Comment