The global motion sensor market size is expected to reach USD 8.7 billion by 2025, registering a CAGR of 7.8% from 2019 to 2025, according to a new report by Grand View Research, Inc. Increasing adoption of motion sensors in robotics and gaming applications such as joystick, Augmented Reality (AR) devices, and other gaming accessories have influenced the use of sensing techniques. Significant opportunities in the consumer electronics segment are likely to enhance market growth. For instance, trends in wearable devices have resulted in enormous demand for their variants.
Augmented
Reality (AR) and Virtual Reality (VR) are becoming increasingly popular trends
in the realm of consumer electronics.AR/VR applications are now a key
battleground for smartphones as well as wearable devices such as smart glasses,
VR gloves, VR motion chairs, and Head-mounted Displays (HMDs).Motion sensing is
a key ingredient in the portable designs built around AR and VR applications.
In the past five years, the number of VR users has risen to 150+ million in
2018, from 1 million in 2014. These applications are expected to provide
lucrative opportunities to market players. Inertial measurement units (IMU)
that use a combination of accelerometer, gyroscope, and magnetometer ensure the
stability in environments with high movement fluctuations often encountered in
HMDs and AR applications such as smart glasses. Increasing demand for IMUs is
expected to drive the market over the forecast period.
Under
the AR/VR domain, these sensors are widely used in gaming applications. A
motion gaming system, also called a motion-controlled gaming system, is one
that allows players to interact with the system through body movements. In
recent years, there has been a significant rise in demand for interactive video
games. Growing demand for interactive games can be attributed to rise in
penetration of smartphones and wearables, which provides a lucrative
opportunity to manufacturers in the consumer electronics end-use industry.
Full Research Report On Motion Sensor Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/motion-sensors-market
Motion Sensor
Market Report Highlights
- Growing emphasis of leading
technology companies on increasing awareness regarding these sensors in
Asia Pacific is a key trend. Intel Corporation recently exhibited advanced
applications of motion sensors at the CES Asia – a trade fair organized by
Consumer Technology Association (CTA)
- The microwave segment is
expected to grow significantly in the next few years owing to their
ability to operate in the K-band frequency range, which makes them
resistant to interference from external radar sources
- The healthcare segment is
expected to gain traction as a result of growing demand for wireless body
area networks and smart pill boxes that incorporate motion sensors
- Asia Pacific is expected
grow significantly over the forecast period owing to increasing product
adoption for detection and prediction of earthquakes and tsunamis in
countries such as Indonesia and Japan
- Key players in the motion
sensor market are HILLCREST LABS; Honeywell International Inc.; Kionix,
Inc.; Murata Manufacturing Co., Ltd.; NXP Semiconductors; Robert Bosch
GmbH; SENSINOVA; STMicroelectronics; TE Connectivity Ltd.; and TDK
Corporation.
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Motion Sensor
Market Segmentation
Grand View Research has segmented
the global motion sensor market based on technology, application, and region:
Motion Sensor
Technology Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)
- Infrared
- Ultrasonic
- Microwave
- Dual Technology
- Tomographic
- Others
Motion Sensor
Application Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)
- Consumer Electronics
- Automotive
- Aerospace & Defense
- Healthcare
- Industrial
- Others
Motion Sensor
Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Mexico
- Middle East & Africa
(MEA)
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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