Motion sensor finds its application in numerous fields such as aerospace & defense, consumer electronics, automotive, commercial, healthcare, and industrial. With the advent in the technology and cost effective high volume production the motion sensors market has seen descent growth over last 5 years. Consumer electronics application market for motion sensor is having largest share currently it is expected to grow with great potential. Automotive and industrial applications has second largest share after consumer electronics. The report incorporates all the possible applications of motion sensors with special focus on emerging new applications.
The report covers the motion sensors market by different types such as Ultrasonic, Infra-red (IR), Microwave (MRW), and Tomographic, among others. Among all the types of motion sensors, IR motion sensors have the highest demand owing to its technological advantages over all the other types. The different technologies of motion sensors such as MEMS Magnetometer, MEMS Gyroscope, and MEMS Accelerometer are also covered in the report exhaustively. With the evolving MEMS technology and its usage in motion sensors the industry has gained much traction over last decade. The major factors behind the growth are the cheaper cost and small form factor which has transformed the motion sensors market to new heights.
The report analyses the major driving and restraining forces in the motion sensors market and their impact on the short and long run. The opportunities in the market are also analyzed to determine the growth of the market and necessary technological evolution. The report also gives insights on the major demand and supply side factors that are shaping the overall value chain of the motion sensors industry. The leading suppliers, OEMs, ODMs, integrators, and end-users are also mapped with the vendors of motion sensors. The Porters five forces analysis gives detailed insights on the dynamics of the industry.
In addition to this, the report also covers the regional and country level perspective of the market. The regions covered are North America, APAC, Europe, Latin America, and Middle-East and Africa. Among which, APAC region is currently dominating the market with huge presence of leading manufacturers of motion sensors. Europe is the leading hub for technological R&D, whereas North America region is cater to huge demand for the motion sensors. Apart from regional perspective, the report also analyzes the country level analysis, wherein dynamics in major developing and developed nations are exhaustively analyzed. China and India are biggest markets for motion sensors and the growth in these markets is expected to be highest in coming years.
The market entropy section of the report gives different business development strategies adopted by the leading vendors of motion sensors. Some of which are new product launches, partnerships, agreements, collaborations, and mergers & acquisitions.
The leading players profiled in the report include:
- Analog Devices
- Microchip Technology, Inc
- Murata Manufacturing