Press release
Market Insights: Motion Sensor Industry Set to Cross USD 9.8 billion by 2030
Motion Sensor Market
Motion Sensor Market, by Technology (Ultrasonic, Microwave, Infrared, Dual/Hybrid), Application (Consumer Electronics, Automotive, Healthcare, Security & Surveillance, Lighting Controls, Automation) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). The global Motion Sensor market size was estimated at USD 5.78 billion in 2023 and is projected to reach USD 9.8 billion in 2030 at a CAGR of 6.80% during the forecast period 2023-2030.
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The prominent players in the Motion Sensor market are
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
Microchip technology
Memsic
Kionix
IFM Electronics
Sensata Technologies
Xsens technologies
Colibrys
Seiko Epson
KVH industries
InnaLabs
Qualtre
The growing need for safety and security across the globe is one of the major factors driving the growth of the motion sensors market. Increasing integration of motion sensors in modern devices such as smartphones, tablets, computers and televisions, as well as in security systems, as well as growth in home applications such as automated lighting and home control, is driving the growth of the market. The increasing use of robotics in business and commercial applications involving motion sensors and sensor technologies, and the use of MEMS-based motion sensors to detect and predict natural disasters such as tsunamis, earthquakes, and volcanic eruptions will continue to influence the market. In addition, the motion sensor market is positively affected by the increase in demand for high technologies, rapid urbanization and industrialization, and the growth of the electronic equipment sector.
The spread of the COVID-19 pandemic resulting in the temporary closure of various end-use industries for motion sensors. For instance, Sony corporation electronics segment faced problems with production and supply chain. As a result, manufacturing plants were closing their operations in China and Malaysia due to the outbreak of covid-19.
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Scope of the Report:
The Motion Sensor Market is segmented into various segments such as technology, application and region:
Based on technology, the motion sensor market is segmented into:
Active
Ultrasonic
Microwave
Tomographic
Passive
Infrared
Dual/Hybrid
Other Technology Types
Temperature
Vibration
Area reflective
Other
Based on the application, the motion sensor market is segmented into:
Consumer Electronics
Smartphones
Tablets
Gaming consoles
Gaming Ar & Vr
Wearable devices
Others
Automotive
Airbag deployment system
Advanced driver assistance system (ADAS)
Suspension & levelling
Vibration monitoring
Electronic stability control
Healthcare
Fall detection
Wellness and fitness tracking
Clinical monitoring
others
Security & Surveillance
Lighting Controls
Automation
Commercial
Automation (Doors, Lighting, Elevators etc.)
Security & surveillance
Residential
Security & surveillance
Home automation
Safety
Hvac
Industrial
Fire alarms & smoke detectors
Lighting controls
Service robotics
Based on region, the motion sensor market is segmented into:
Asia Pacific
Japan
China
India
Australia
South Korea
Vietnam
New Zealand
Philippines
Thailand
Malaysia
Hong Kong
Taiwan
Singapore
Indonesia
Sri Lanka
Rest of Asia-Pacific
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Italy
Spain
Sweden
Austria
Finland
Belgium
Turkey
Russia
Poland
Hungary
Czech Republic
Switzerland
Netherlands
Rest of Europe
South America
Brazil
Argentina
Chile
Colombia
Rest of South America
Middle East & Africa
South Africa
U.A.E.
Saudi Arabia
Oman
Qatar
Iran
Egypt
Rest of Middle East and Africa
Asia-Pacific to Dominate the Market
Asia-Pacific is estimated to account for the largest market share during the forecast period. In Asia-Pacific, Technological advancements such as IoT and wireless sensor networks in the region have led to an increase in the popularity of ideas such as smart homes and robotic kitchens, which is likely to fuel product demand.
Furthermore, countries such as China and Japan are considered manufacturing and assembly centers for consumer electronics manufacturers such as SAMSUNG and Sony Corporation. These factors are expected to increase regional product demand even more.
Recent Developments
In January 2022, TDK Corporation announced the launch of the InvenSense ICM-45 SmartMotion ultra-high-performance (UHP) family of 6-axis MEMS motion sensors. This family introduced the on-chip self-calibration, the industry's lowest power consumption, and the world's first BalancedGyro (BG) technology. This enabled supreme vibration rejection and temperature stability performance. Robotic vacuum cleaners and smartphones highly benefited from this technology, because it requires negligible gyro drift due to temperature and vibration fluctuations.
In February 2021, Allterco Robotics delivered next-gen shelly motion sensors optimized with silicon labs Wi-Fi technology to optimize battery performance and simplified consumer experience in the smart home.
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