Overview:

Motion sensors are commonly used in security systems for detecting motion and generating electrical signals. Motion sensors are linchpin of any security system and uses multiple technologies to detect any suspicious movement in a particular area. The global motion sensors market was valued at US$ 5.36 Bn in 2017 and expected to expand at a CAGR of 12.8% during the forecast period from 2018 to 2026. Growing use of consumer electronics is the major factor driving the growth of motion sensors market. Use of motion sensors in various handheld devices such as tablets, laptops and smartphones as well as growing acceptance of wearable technology from consumers facilitating the market growth worldwide.

The market for motion sensors is still in its early phase and expected to gain momentum in the near future. Rising application of motion sensors in temperature and pressure sensing, motion gaming and other related applications is driving the growth prospects of the market. Moreover, increasing use of motion sensors in various automobile applications including airbag deployment systems, security and advanced driver assistance systems (ADAS) is enhancing the market growth.

The rapidly growing interactive gaming industry also bodes well with the market as motion gaming is one of the evolving trend in the market. In motion gaming, the user performs activities such as running, cycling, problem solving, etc. which leads the virtual character through different stages and levels of the game. While playing such games or performing such activities, user often wear devices having sensors that can measure their movements and sense their physiological measures i.e. heart rate, pulse rate, etc. As a result, increasing demand for motion sensors in the gaming applications has led to a significant growth in the motion sensor market. 

Infrared Sensors Exhibits Largest Market Share

The global motion sensors market, on the basis of technology is segmented into infrared sensors, ultrasonic sensors, microwave sensors, tomographic sensors and dual-technology sensors. In terms of value contribution, the market was dominated by the infrared sensors in 2017, accounting for 35.25% market share in the same year. Infrared sensors are mainly used in the motion and people sensing applications. Rising use of infrared sensors in places such as museums, retail shops, airports and libraries for counting and detecting motion of individuals have resulted in its growing demand. Depending on medium wavelength infrared (MWIR) and long wavelength infrared (LWIR) sensors and spectrum range, these sensors extensively used in civil and military applications to track and detect targets.

MEMS Accelerometer Garnered the Largest Revenue in 2017

In 2017, based on sensor type, the global motion sensors market was led by MEMS accelerometer. In terms of value contribution, the segment was valued at 32.13% in the same year. MEMS accelerometers are used where there is a necessity for measuring linear motion, either shock, movement or vibration without a fixed reference. MEMS accelerometers measure the angular or translational acceleration of sensor electronic devices. Rising need for developing advanced applications in mobile devices has boosted the demand for MEMS accelerometers.  Furthermore, increasing awareness about health, fitness and wellness has augmented the demand for fitness-monitoring devices which employs motion sensors like MEMS accelerometers. Moreover, increased R&D investments has led to the development of advanced versions and efficient accelerometers, which is estimated to sustain growth in the market during the forecast period from 2018 to 2026.

Consumer Electronics to Continue its Supremacy in the Market

Consumer electronics segment expected to continue with its supremacy in the market during the forecast period from 2018 to 2026. The growth of this segment is majorly accredited to the widespread use and acceptance of wearable as well as handheld devices that is boosting the demand for motion sensors market. Advancements in motion sensor technology have promoted and encouraged their use in gaming, portable devices, navigation, and home appliances. Advances in motion sensor technology also makes exciting and new applications possible in the fields of robotics, home automation and digital health. With the advancements in microelectromechanical system (MEMS) technology, motion sensors have gained significant ground in consumer electronics applications like tablets, smart phones, gaming, audio/video devices, personal electronics, etc.

Asia Pacific to Emerge as the Fastest Growing Region during the Forecast Period from 2018 to 2026

The motion sensors market, based on geography was led by North America in 2017. In terms of value contribution, the region held 32.87% market share in the same year. The presence of prominent players such as Analog Devices, Inc., Honeywell International, Inc., Microchip Technology Inc., etc. are providing varied business opportunities in the North America region. Europe accounted for the second largest motion sensors market in 2017.

Asia Pacific considered as high growth market and projected to emerge as the fastest growing region during the forecast period from 2018 to 2026. The use of motion sensors in consumer electronics expected to grow at a higher growth rate in the near future. Developing consumer electronics sector is poised to drive the growth prospects of motion sensors market in the region. Moreover, automotive industry in Asia Pacific predicted to expand at a rapid pace, thereby facilitating the demand for motion sensors in the region.

Competitive Insights

Motion sensors market appears to be highly fragmented owing to the presence of large number of regional as well as international players. With advancements in technologies, the demand for motion sensors is evolving on a continuous basis. Therefore, these market players are focusing on strengthening their product portfolio by innovating new products.

For instance, in March 2018, Bosch Sensortec GmbH launched a high standard IMU for augmented and virtual reality applications as well as other applications including body/human motion tracking, high-end gaming and navigation. The IMU BMI085 integrates a 3-axis, 16-bit MEMS gyroscope, 16-bit MEMS acceleration sensor and a 3-axis in one compact package. The 6-axis IMU is designed to help developers overcome issues related with interrupted immersion and motion sickness, which occurs due to a delay between on-screen reaction and head motion, which are restraining the growth of AR and VR wearables.  

Some of the major players in the motion sensors market include Analog Devices, Inc., Bosch Sensortec GmbH, Honeywell International, Inc., InvenSense, Inc., KIONIX, Inc., MEMSIC, Inc., Microchip Technology, Inc., Murata Manufacturing Co., Ltd., NXP Semiconductors, Safran Colibrys SA, and STMicroelectronics.

Historical & Forecast Period

This study report represents analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Motion Sensors market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Motion Sensors market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Motion Sensors market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2033.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Motion Sensors market?
• Which is the largest regional market for Motion Sensors market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Motion Sensors market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Motion Sensors market worldwide?