Technology & Media
Motion Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Motion Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Motion Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global motion sensor market size reached US$ 5.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.2 Billion by 2028, exhibiting a growth rate (CAGR) of 7.6% during 2023-2028.
A motion sensor, also known as a motion detector, is an electronic device that intercepts physical or kinetic movements in real time. Some of the commonly used motion sensing technologies include passive infrared, ultrasound wave, microwave and tomography. These sensors are generally embedded in home control systems, lighting control systems, physical security systems and fare collection systems. Nowadays, they are also being incorporated in consumer electronics such as smartphones, tablets, gaming consoles and fitness bands.
Motion sensors find extensive application in security systems used in both commercial and residential sectors. An increasing number of theft and robbery cases have resulted in the need for security systems in homes, shopping malls, offices and banks. These systems send an alert message on sensing an intruder and can also be connected with smartphones, wearables and tablets for notifying in case of a security breach. Additionally, the increasing demand for smartphones and tablets, along with a thriving interactive gaming industry, is also driving the market growth. Furthermore, motion sensors are also being incorporated in electrical appliances where they aid in energy saving by switching off the appliances in case of continued inactivity. Moreover, the rising disposable incomes along with rapid urbanization has resulted in the escalating employment of automated devices, such as hand dryers, doors and faucets, which is further driving the market. Another growth-inducing factor is the widening applicability of motion sensors across industries such as automotive, aerospace and healthcare.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global motion sensor market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on technology type, embedded sensor type and end use industry.
Breakup by Technology Type:
Infrared
Ultrasonic
Microwave
Dual Technology
Tomographic
Others
Breakup by Embedded Sensor Type:
MEMS Accelerometer
MEMS Gyroscope
MEMS Magnetometer
Sensor Combos
Breakup by End Use Industry:
Consumer Electronics
Automotive
Industrial
Aerospace and Defense
Healthcare
Others
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being STMicroelectronics International N.V., Murata Manufacturing Co., Ltd., Honeywell International Inc., NXP Semiconductors N.V., Analog Devices, Inc., Microchip Technology, Inc., InvenSense, Inc., Bosch Sensortec GmbH, MEMSIC, Inc, and Kionix, Inc.
Key Questions Answered in This Report:
What was the size of the global motion sensor market in 2022?
What is the expected growth rate of the global motion sensor market during 2023-2028?
What has been the impact of COVID-19 on the global motion sensor market?
What are the key factors driving the global motion sensor market?
What is the breakup of the global motion sensor market based on the technology type?
What is the breakup of the global motion sensor market based on the embedded sensor type?
What is the breakup of the global motion sensor market based on the end use industry?
What are the key regions in the global motion sensor market?
Who are the key players/companies in the global motion sensor market?