Motion Sensor Market, by Technology (Ultrasonic, Microwave, Infrared, Dual/Hybrid), Application (Consumer Electronics, Automotive, Healthcare, Security & Surveillance, Lighting Controls, Automation) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).
The global Motion Sensor market size was estimated at USD 5.78 billion in 2023 and is projected to reach USD 9.8 billion in 2030 at a CAGR of 6.80% during the forecast period 2023-2030.
A motion sensor is an electrical device that detects nearby people or objects using a sensor, it sends an alarm to the security system when the sensor detects movement. The motion sensor market is fueled by the growth in the use of industrial control, robotics, drones, smart home devices and fitness devices. Motion sensors are widely used in augmented reality (AR) and virtual reality (VR) applications such as 3D movie headsets, sports training, virtualized inventory management, virtual car shows, instant sign rotation for tourists and interior design to record movements and gestures stably and with low latency.
The growing need for safety and security across the globe is one of the major factors driving the growth of the motion sensors market. Increasing integration of motion sensors in modern devices such as smartphones, tablets, computers and televisions, as well as in security systems, as well as growth in home applications such as automated lighting and home control, is driving the growth of the market. The increasing use of robotics in business and commercial applications involving motion sensors and sensor technologies, and the use of MEMS-based motion sensors to detect and predict natural disasters such as tsunamis, earthquakes, and volcanic eruptions will continue to influence the market. In addition, the motion sensor market is positively affected by the increase in demand for high technologies, rapid urbanization and industrialization, and the growth of the electronic equipment sector.
The spread of the COVID-19 pandemic resulting in the temporary closure of various end-use industries for motion sensors. For instance, Sony corporation electronics segment faced problems with production and supply chain. As a result, manufacturing plants were closing their operations in China and Malaysia due to the outbreak of covid-19.
The pandemic had a considerable impact on businesses globally, with nations like India and China bearing the brunt of the virus's outbreak. The growing need for security across the globe is one of the major factors driving the growth of the motion sensor market. Increasing integration of motion sensors in modern devices such as smartphones, tablets, computers and televisions, as well as in security systems, as well as growth in home applications such as automated lighting and home control is driving the growth of the market. The increasing use of robotics in business and commercial applications involving motion sensors and sensor technologies, and the use of MEMS-based motion sensors to detect and predict natural disasters such as tsunamis, earthquakes, and volcanic eruptions will continue to influence the market. In addition, the motion sensor market is positively affected by the increase in demand for high technology, rapid urbanization and industrialization, and the growth of the electronic equipment sector.
Asia-Pacific to Dominate the Market
Report Feature |
Descriptions |
---|---|
Growth Rate |
CAGR of 6.80% during the forecasting period, 2023-2030 |
Historical Data |
2019-2021 |
Forecast Years |
2023-2030 |
Base Year |
2022 |
Units Considered |
Revenue in USD billion and CAGR from 2023 to 2030 |
Report Segmentation |
Technology, application and region |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East, and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, and South Africa (50+ Countries Across the Globe) |
Companies Profiled |
Analog Devices Inc., NXP Semiconductor NV, STMicroelectronics NV, TE Connectivity Ltd, Panasonic Corporation, Murata Manufacturing Co. Ltd, Honeywell International Inc, Bosch Sensortec GmbH, TDK Corporation, Kemet Corporation, Microchip technology, Memsic, Kionix, IFM Electronics, Sensata Technologies, Xsens technologies, Colibrys, Seiko Epson, KVH industries, InnaLabs, Qualtre |
Available Customization |
In addition to the market data for the Motion Sensor Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements. |
The Motion Sensor Market is segmented into various segments such as technology, application and region:
Based on Technology
Based on the application
Based on region
The prominent players in the Motion Sensor market are