openPR Logo
Press release

Motion Sensor Market - Demand for Motion Sensors will Increase as Many Luxury Vehicles

02-13-2017 09:59 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Motion Sensor Market - Demand for Motion Sensors will Increase as

Motion sensing is a rising technology that is transforming the way equipment interacts with machines and humans in the form of detection. Motion sensor is not only used in business and infotainment applications but also in routine activities in homes and other settings.

The global motion sensor market is primarily driven by factors such as increasing application of motion sensors in automotive industry and consumer electronics industry. Motion sensors in the automotive sector are used in advanced driver assistance systems (ADAS), airbag deployment systems and security among others.

The automotive industry growth in the developing nations of Asia Pacific can be attributed to rising domestic demand of cars having new technological advancements. Increase in purchasing power of people, improvement in the global economic scenario and the requirement of vehicles are boosting the demand for automotives, globally.

Due to growth of the automotive sector, the demand for motion sensors will increase as many luxury vehicles are introducing large number of motion sensor products. Moreover, advanced hybrid and electric vehicles extensively use motion sensors.

Based on types, the motion sensor market is segmented into MEMS magnetometers, MEMS accelerometers, MEMS gyroscopes, ultrasonic sensors and sensor combos. MEMS accelerometers garnered the maximum revenue in 2014.

MEMS accelerometer motion sensor is used to detect earthquakes and is also used in detecting medical devices such as artificial body parts among others. MEMS magnetometers are generally used for purposes such as calculation of the magnetic material.

Request A Sample Of This Report:
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=287

Based on the various technologies, the motion sensor market is segmented into infrared sensor, microwave sensor, tomographic sensor, ultrasonic sensor and others. Infrared sensor garnered the maximum revenue in 2014.

Infrared sensor is further sub segmented into passive infrared and active infrared. Active infrared dominated the market in 2014 and expected to retain its dominance during the forecast period of 2015 – 2023. Microwave sensor held the second largest market after infrared sensor in 2014.

In terms of application, the global market is segmented into industrial , automotive , consumer electronics, fitness and wellness, health care, aerospace and defense and others.

Industrial application is further segmented into lighting controls, service robotics and fire alarms and smoke detectors. Consumer electronics is sub segmented into gaming and entertainment, wearable devices, smartphones and tablets and others.

The sub segmentation of automotive applications market includes advanced driver assistance system, airbag deployment system, security and others. Investment in research & development and new product developments is estimated to contribute to market growth over the estimate period of 2015 -2023.

Additionally, rising popularity of wearable technology is anticipated to boost the demand of the consumer electronic sensors industry. Moreover, Motion sensor devices are used to monitor the activity in the immediate vicinity of the car. It is also used in automotive applications for a security system to monitor the activity outside the car.

About TMR

TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Contact TMR

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:sales@transparencymarketresearch.com
Website:http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Motion Sensor Market - Demand for Motion Sensors will Increase as Many Luxury Vehicles here

News-ID: 436416 • Views:

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2024
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1.07 Billion by 2024
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million by 2024
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 5 Releases


More Releases for Motion

3D Motion Capture Market Is Booming Worldwide | VICON, Motion Analysis, OptiTrac …
A New Research on the Global 3D Motion Capture Market was conducted across a variety of industries in various regions to produce more than 150 page reports. This study is a perfect blend of qualitative and quantifiable information highlighting key market developments, industry and competitors' challenges in gap analysis and new opportunities and may be trending in the 3D Motion Capture market. Some are part of the coverage and are
Full Body Motion Capture Software Market SWOT Analysis by Key Players- VICON Mot …
HTF MI presents an in-depth overview of the Global Full Body Motion Capture Software Market Study, detailing the latest product / industry coverage and market forecasts and status by 2023. Market research is categorized as a key area to accelerate marketization. The current market is evolving its presence and some of the major players in the entire study are VICON Motion, Motion Analysis Corporation, Qualisys AB, Northern Digital, Xsens Technologies,
Motion Control Market 2018 Global Leaders Overview: Schneider Electric, Rockwell …
Market Research Future published a research report on “Motion Control Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Global Motion Control Market – Overview Upsurge in the demand for automation in various areas of daily life have pushed the development of the motion control market to new heights. Market reports linked to the semiconductors & electronics sector made available by Market Research Future along
Global Motion Capture System Market Outlook 2018 VICON Motion, Motion Analysis, …
Recently added detailed market study "Global Motion Capture System Market" examines the performance of the Motion Capture System market 2018. It encloses an in-depth Research of the Motion Capture System market state and the competitive landscape globally. This report analyzes the potential of Motion Capture System market in the present and the future prospects from various angles in detail. The Global Motion Capture System Market 2018 report includes Motion Capture System
Global 3D Motion Capture Market: VICON, Motion Analysis, OptiTrack, Qualisys, Ph …
Qyresearchreports include new market research report Global 3D Motion Capture Market Size,Status and Forecast 2025 to its huge collection of research reports. This report studies the global 3D Motion Capture market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global 3D Motion Capture market by companies, region, type and end-use industry. The market for 3D Motion Capture has been consistently expanding on the back of
Power Transmission and Motion Control Market 2018 Global Leaders: Altra Industri …
Market Research Future published a research report on “Power Transmission And Motion Control Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Market Scenario: The power transmission and motion control products are providing environmental friendly business venture and a way to offer green products to customers which is driving the market growth to the large extent. The companies are manufacturing the innovative new motion