Press release
Revenue of Motion Sensor Market to Reach US$18.20 bn by 2023, Strong Automotive Industry in APAC to Bolster Growth
Motion sensing is the new technology that is bringing a far-reaching change in security systems not only in business but home settings as well. This is because motion sensors can detect motion of living or non-living objects that are within the sensor’s range. Motion sensors are vital in smart floodlights, home control, automated lighting control, and security systems among others.
Browse Market Research Report @
http://www.transparencymarketresearch.com/motion-sensor-market.html
The global motion sensor market is segmented by type, application, technology, and geography.
The report analyzes the global motion sensor market in a ground-up manner, which includes historical data, current data, and forecasts for a satisfactory analysis of the market’s progression over the forecast period from 2015 to 2023. Analysts tapped into primary and secondary sources and conducted extensive interviews with industry experts to obtain their viewpoint about the growth of the industry.
The publication provides a comprehensive analysis of the vendor landscape of the market, which makes it an interesting read. Top companies are profiled for their distinguishing competitive attributes of business standing, financial standing, product portfolio and SWOT analysis.
Global Motion Sensor Market: Trends and Opportunities
The global market for motion sensors is driven by factors such as rising application of motion sensors in consumer electronics industry and automotive industry. In the automotive industry, motion sensors are deployed in airbag deployment systems, advanced driver assistance systems, and security among others. With the growth of the automotive industry in Asia Pacific due to increasing purchasing power of individuals and improving economic conditions, the motion sensor industry is benefitted indirectly. In particular, the demand for high-end vehicles equipped with motion sensor products will be beneficial for the market’s growth. For example, electric vehicles and advanced hybrid vehicles are largely equipped with motion sensors.
On the basis of product type, the motion sensor market is classified into MEMS magnetometers, MEMS gyroscopes, sensor combos, MEMS accelerometers, and ultrasonic sensors. Of these, MEMS accelerometers accounted for the maximum revenue to the overall market in 2014. They are used to detect earthquakes and also to detect prosthetics among others. MEMS magnetometers are mainly used for applications such as calculation of magnetic material.
Application-wise, the segments of the market are industrial application, consumer electronics, healthcare, automotive, fitness and welfare, and defense and others. The industrial application segment is sub-segmented into lighting controls, fire alarms and smoke detectors, and service robotics. The consumer electronics application segment is sub-segmented into gaming and entertainment, smartphones and tablets, and wearable devices, and others. Consumer electronics is the leading application segment of the motion sensor market due to the increasing deployment of motion sensors in smartphones and microwaves. Smartphones and tablets account for the leading revenue to the consumer electronics segment trailed by gaming and entertainment. However, gaming applications are expected to contribute substantial revenue to the motion sensor market over the forecast period.
Fill the form for an exclusive sample of this report @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=287
Global Motion Sensor Market: Regional Outlook
North America, Asia Pacific, Europe, and Rest of the World are the regional segments into which the motion sensor market is divided. In 2014, Europe held the leading share of the global market due to the increasing use of motion sensors in smartphones and microwave ovens. The region was followed by North America.
Global Motion Sensor Market: Competitive Landscape
The report profiles top players in the motion sensor market, namely Robert Bosch GmbH, Microchip Technology Inc., Invensense Inc., Kionix Inc., NXP Semiconductors N.V., Honeywell International Inc., Murata Manufacturing Co. Ltd., Memsic Inc., Analog Devices Inc., and ST Microelectronics among others.
About Us :
Transparency Market Research (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.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact Us :
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
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 Revenue of Motion Sensor Market to Reach US$18.20 bn by 2023, Strong Automotive Industry in APAC to Bolster Growth here
News-ID: 526384 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for Motion
Flight Motion Simulator Market is Booming - Gaining Revolution in Eyes of Global …
Market Overview:
Flight motion simulators replicate the experience of flying an aircraft by simulating the motions and visuals that pilots would experience when in actual flight. They are useful training tools that allow pilots to practice aircraft handling, instrument flight, emergencies and other scenarios in a risk-free virtual environment.
Market Dynamics:
The growth of the flight motion simulator market is driven by rising defense budgets of major economies and the need for cost-effective…
Motion Capture System Market is Gaining Momentum with VICON Motion, Motion Analy …
HTF MI introduces new research on Motion Capture System covering the micro level of analysis by competitors and key business segments (2023-2029). The Motion Capture System explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing.
Some of the major key…
Motion Capture System Market Review: All Eyes on 2023 Outlook| VICON Motion, Mot …
HTF Market Intelligence published a new research publication on Motion Capture System Market Insights, to 2028" with 150+pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Motion Capture System market was mainly driven by the increasing R&D spending across the world, however latest scenario and economic…
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…
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…
Passive Infrared Motion Sensor Market-Rising Demand For Motion Enabled Industria …
Passive infrared (PIR) motion sensors are electronic sensor devices that detect motion and the presence of an identity or object that is a infrared emitting source. Any object that exceeds the temperature of absolute zero emits heat at a wavelength of infrared lights. The sensors are enabled for identification of the variations in IR radiations when an object is colliding with the primary subject of infrared radiation detection. Benefits of…
