Motion Sensor Market to Perceive Substantial Growth During 2021 to 2025 | Analog Devices Inc., NXP Semiconductor NV, STMicroelectronics NV, TE Connectivity Ltd, Panasonic Corporation, Murata Manufacturing Co. Ltd

Latest research on Motion Sensor Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2020 together with a forecast from 2021 to 2025 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Motion Sensor market. this report included a special section on the Impact of COVID19. Also, Motion Sensor Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Motion Sensor industry.

The Motion Sensor market is expected to register a CAGR of 6.5% over the forecast period (2021 - 2025).

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Top Companies in the Global Motion Sensor Market: –

Analog Devices Inc., NXP Semiconductor NV, STMicroelectronics NV, TE Connectivity Ltd, Panasonic Corporation, Murata Manufacturing Co. Ltd, Honeywell International Inc, Bosch Sensortec GmbH, TDK Corporation, Kemet Corporation

Industry News And Development:

- May 2020: Murata Manufacturing Co. Ltd launched new MEMS (Micro-Electro-Mechanical Systems), which consists of six degrees of freedom, and it can be used for safety-critical automotive applications. According to the company's expectation, this new sensor enables centimeter-level accuracy regarding vehicle dynamics and position, which can be used in ADAS (Advanced Driver-Assistance Systems) systems.

- August 2020: TDK corporation recently introduced InvenSense SmartBug, a compact, wireless multi-sensor solution that integrates TDK's six axes IMU with ultrasonic sensors, and high-precision algorithms. These sensors can be used in most of the commercial and consumer IoT applications.

Market Scope:

sensors such as accelerometers, magnetometers, gyroscopes are widely used in smartphones and tablets. As per the Global System for Mobile Communications (GSMA) data, the global IoT connection is increased by 12.6 billion, which is influencing the growth of this market. the market is expected to experience the vendors investing in innovative/novel solutions to keep drive their market share growth. In 2019 STMicroelectronics, for instance, launched its LSM6DSO and LSM6DSOX 6-axis modules motion sensor, which is configured with finite state machine and machine learning core technology. This innovative technology helps users create their motion-recognition algorithms, and it also maximizes the battery runtime for any smartphones.

Key Market Trends

Automobile Sector expected to be Among the Fast Growing Market Share

- The demand for motion sensors is increasing rapidly in the automobile sector due to its extensive use in the micro-electro-mechanical system (MEMS) and advanced driver assistance systems (ADAS). Moreover, the small size of MEMS sensors provides a quicker response to rapid change in the measured parameters, and because of its cost-effective features, the use of MEMS sensors has been extensive. The applications of MEMS sensors in the automobile industry are motion sensors (accelerometers and gyroscopes) and pressure sensors.

- MEMS-based motion sensors are also used in airbags of different automobile vehicles. In the recent past, Bosch Sensortec GmbH? already introduced MEMS-based motion sensors, which can detect any abrupt vehicle deceleration. Additionally, The growing demand for safety & security in the automobiles is one of the main factors, which is playing a vital role in the growth of the market.

Asia Pacific is one of the Fastest Growing Region For this Market

- The rapid industrialization and urbanization within this region are fuelling the growth of this market. Moreover, the emergence of Electric Vehicles (EV) and 5G smartphones are supporting the considerable demand for motion sensors in the Asia Pacific region. According to the Ministry of Industry and Information Technology China, the number of mobile phone subscriptions per 100 inhabitants in China has increased by 1.96% in 2019 compared to 2018.

- Moreover, the government regulations in this region are also supporting the growth of this market. For instance, according to the Ministry of Road Transport and Highways, the Indian Government introduced a mandate which will bring Advanced Driver Assist Systems (ADAS) in all cars by 2022.

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Regional Analysis:

Furthermore, to broaden the understanding, researchers have studied the global Motion Sensor market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.

Motion Sensor Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.

Following are major Table of Content of Motion Sensor Industry:

Motion Sensor Market Sales Overview.
Motion Sensor Market Sales Competition by Manufacturers.
Motion Sensor Market Sales Analysis by Region.
Motion Sensor Market Sales Analysis by Type.
Motion Sensor Market Analysis by Application.
Motion Sensor Market -Manufacturers Analysis.

Reasons to Invest:

Market Size Forecasts: The authors of the report have provided accurate estimation of the global Motion Sensor market size based on value and volume
Market Trend Analysis: This section of the report throws light on the approaching trends and developments in the global Motion Sensor market
Future Prospects: The report here offers crucial information on the rewarding opportunities in the global Motion Sensor market

This allows an understanding of the market and benefits from any lucrative opportunities that are available. Researchers have offered a comprehensive study of the existing market scenario while concentrating on the new business objectives. There is a detailed analysis of the change in customer requirements, customer preferences and the vendor landscape of the overall market.

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