Press release
Motion Sensor Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Motion Sensor Market
The momentum for the motion sensor market's expansion is expected to be propelled by the rising appetite for smartphones. Smartphones, essentially mobile phones with the capacity of a computer, are in high demand due to progressively available digital services, applications, and options for entertainment and mobile banking. The enhancement in usability and functionality of smartphones, brought about by motion sensors, permits intuitive interactions, engaging environments, and inventive features that utilise the device's motion and orientation capabilities. For example, as reported by Uswitch Limited, a UK-based financial conduct authority in February 2023, the number of smartphones in the UK beginning 2022, grew by about 2.6 million to 71.8 million, a surge of 3.8% from 2021. Moreover, projections for 2025 indicate that out of 68.3 million UK inhabitants, 95% (equivalent to approximately 65 million) would own smartphones. Consequently, the escalating demand for smartphones is the driving force behind the flourishing motion sensor market.
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How will the growth rate of the motion sensor market shape industry trends by 2034?
In recent times, a significant growth has been observed in the motion sensor market size. The market is projected to rise from a worth of $7.38 billion in 2024 to an estimated value of $8.17 billion in 2025, representing a compound annual growth rate (CAGR) of 10.7%. This growth over the historic period is explained by factors such as industrial automation, consumer electronics, energy efficiency, healthcare and wellness, and the advance of smart home technology.
In the coming years, the motion sensor market is anticipated to see a swift expansion. It is projected to reach $12.21 billion by 2029, with a compound annual growth rate (CAGR) of 10.6%. Factors contributing to this growth during the forecast period include development in IoT and smart cities, healthcare, and the aging demographic, as well as the rise of contactless technologies, consumer electronics, wearables, and environmental monitoring and conservation measures. Key trends in the forecast period encompass miniaturization and integration, the evolution of advanced sensing technologies, applications in health and wellness, automotive safety and autonomous vehicles, and analytics and marketing in the retail sector.
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What trends are poised to drive the future success of the motion sensor market?
Leading corporations in the motion sensor industry are creating cutting-edge products like the BMI323 motion sensor to cater to consumers' needs with superior features, thereby gaining a competitive advantage. The BMI323 motion sensor is a versatile, low-consumption Inertial Measurement Unit (IMU) that provides accurate acceleration and angular velocity measurements along with smart integrated features stimulated by motion. In October 2022, for example, the Germany-based motion sensors maker, Bosch Sensortec GmbH, introduced the BMI323 motion sensor. Its uniqueness lies in its simplicity and superior value for money, creating avenues for fresh applications in Inertial Measurement Units (IMUs). It is easily adaptable to a range of consumer goods, including toys, game controllers, remotes, wearable devices, fitness monitors, smartwatches, tablets, and laptops. These integrated capabilities simplify the process for Original Equipment Manufacturers (OEMs), and the included plug-and-play step counter software negates the need for the development of custom algorithms.
Which primary segments of the motion sensor market are driving growth and industry transformations?
The motion sensor market covered in this report is segmented -
1) By Sensor Type: Micro-Electro-Mechanical Systems (MEMS) Accelerometer, Micro-Electro-Mechanical Systems (MEMS) Gyroscope, Micro-Electro-Mechanical Systems (MEMS) Magnetometer, Sensor Combos
2) By Technology: Infrared Detector, Microwave Detector, Tomographic Detector, Ultrasonic Detector, Other Technologies
3) By Function: Fully Automatic, Semi-Automatic
4) By End Users: Consumer Electronics?, Automotive?, Healthcare?, Aerospace and Defense, Smart Home, Other End Users
Subsegments:
1) By Micro-Electro-Mechanical Systems (MEMS) Accelerometer: 1-Axis Accelerometer, 2-Axis Accelerometer, 3-Axis Accelerometer
2) By Micro-Electro-Mechanical Systems (MEMS) Gyroscope: 1-Axis Gyroscope, 2-Axis Gyroscope, 3-Axis Gyroscope
3) By Micro-Electro-Mechanical Systems (MEMS) Magnetometer: 1-Axis Magnetometer, 2-Axis Magnetometer, 3-Axis Magnetometer
4) By Sensor Combos: Accelerometer + Gyroscope, Accelerometer + Magnetometer, Gyroscope + Magnetometer, Accelerometer + Gyroscope + Magnetometer
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Which geographical regions are pioneering growth in the motion sensor market?
North America was the largest region in the motion sensor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the motion sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the motion sensor market landscape?
Major companies operating in the motion sensor market report are Sony Corporation; Xiaomi Corporation; Honeywell International Inc.; Texas Instruments Incorporated; TDK Corporation; TE Connectivity Ltd.; STMicroelectronics NV; Infineon Technologies AG; Murata Manufacturing Co. Ltd.; Analog Devices Inc.; Seiko Epson Corp.; Microchip Technology Inc.; Omron Corporation; Panasonic Corporation; Maxim Integrated Products Inc.; Alps Electric Co. Ltd.; Melexis NV; OPTEX Company Limited.; Invensense Inc.; Nippon Ceramic Co. Ltd.; Memsic Inc.; Bosch Sensortec GmbH; Kionix Inc.; Vesper Technologies Inc.; SIMAC Electronics GmbH
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What Is Covered In The Motion Sensor Global Market Report?
•Market Size Forecast: Examine the motion sensor market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the motion sensor market for a structured understanding.
•Key Players Overview: Analyze major players in the motion sensor market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the motion sensor market.
•Segment Contributions: Evaluate how different segments drive overall growth in the motion sensor market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the motion sensor market.
•Industry Challenges: Identify potential risks and obstacles affecting the motion sensor market.
•Competitive Landscape: Review strategic developments in the motion sensor market, including expansions, agreements, and new product launches.
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