Motion Sensor Market: Global Industry Analysis and Forecast (2024-2030)

Motion Sensor Market accounted for $ 6.13 billion in 2023 and is expected to reach $ 10.24 billion by 2030 at a CAGR of 7.6 % during the forecast period.
Motion Sensor Market Overview:
A motion sensor is an electrical device that detects nearby persons or objects using a sensor. it will send an alert to the security system when a sensor detects motion. The motion sensor market is expected to be driven by a growth in the use of industrial control, robotics, drones, smart home devices, and fitness gadgets. Motion sensors are widely used in Augmented Reality (AR) and Virtual Reality (VR) applications such as 3D cinema headsets, sports training, virtualized inventory management, virtual car showrooms, instant sign translation for tourists, and interior design planning to capture movements and gestures with high stability and low latency.

Security is one of the key aspects of a smart home to many people across the world and approx one-third of respondents in each of the countries say that home safety is especially important to them. In India, 53% of people realized the Importance of smart home security. The growing requirement for security and safety around the world is one of the major factors driving the growth of the motion sensor market during the forecast period.To know about the Research Methodology :- Request Free Sample Report

Report Scope:

The study includes information about major drivers, restraints, and opportunities and a detailed analysis of market share. The report provides a quantitative analysis of the current Motion Sensor market trends, estimations, and dynamics of the market from 2024 to 2030 to identify the prevailing opportunities in the Motion Sensor market during the forecast period. PORTER's five forces analysis shows the ability of buyers and suppliers to make profit-oriented strategic decisions and build their supplier-buyer network.

In-depth analysis, as well as the market size and segmentation, assist in determining the current Motion Sensor market potential. Some factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report presents a comprehensive analysis of the global Motion Sensor market to the stakeholders who want to invest in this market. The report includes past and current scenarios of the Motion Sensor market with the forecasted market size with the analysis of complex data in simple language. The report covers all the aspects of the market with a thorough study of key players that include market leaders, followers, and new entrants.

The report contains strategic profiling of top key players in the market, a wide-ranging analysis of their core competencies, and their strategies like new product launches, growths, agreements, joint ventures, partnerships, and acquisitions that apply to the businesses. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the internal or local market make the report investor’s guide. They are continuously strategizing on mergers & acquisitions for the expansion of their market share and growth opportunities during the forecast period.

Research Methodology:

The research study is provided by using an in-depth analysis of the market insights, facts, historical data, and industry-validated market statistics. These estimates are based on an appropriate set of assumptions and methodologies. The bottom-up approach has been used to collect the data and analyze the market to figure out the market size by volume and value by mentioned segments. Major Key Players in the Motion Sensor market are identified through secondary research and their market revenues are determined through a study of the top manufacturers' annual and financial reports, interviews with company key persons, and industry professionals such as experienced front-line staff, CEOs, and marketing executives.

By understanding the scope of the market our analyst has segmented the market based on Sensor Type, Function, Technology, Application, and region. The growth amongst these segments will help to analyze the industries and provide the users with a valuable market overview and market insights to make strategic decisions for identifying core market applications.
Motion Sensor Market Dynamics:
The growing use of motion sensors in electronic devices is a major factor driving market growth.

Motion sensors are increasingly being used in electronic devices such as tablets, smartphones, and smartwatches. Motion sensors are commonly utilized in these devices for a variety of applications such as heart rate monitoring in smart wearable devices, controlling the orientation of the screen on a smartphone, and others. These sensors are also used to detect activity in motion-controlled video games.

Young generation millennials are increasing their need for wearable gadgets and smartphones which is boosting the growth of the electronics sector and further fuelling the growth of the motion sensors market. Traditional piezoresistive, piezoelectric, and mechanical sensors have limited applications because of their larger size and bulkiness. However, the development of modern MEMS sensing technology has significantly decreased the weight and size of the sensors. The compact size of these sensors has enabled various new applications, which is driving the market growth.

Motion Sensors enhance the Features of Smart Home Devices

There are several types of motion sensors and they are categorized based on the technologies they use to detect unauthorized movements and warn homeowners via an alarm. People can manage their smart indoor temperature systems from a distance by controlling heating, ventilation, and air conditioning (HVAC) via smartphone connection or home automation control by combining precise low-power motion and environmental sensor data. Sensors with integrated nightlights are appropriate for rooms because they have a controllable light level, and an ON/OFF switch and work independently of the sensing function. Furthermore, Rising disposable income and urbanization are the primary reasons factors that are expected to drive demand for motion sensors throughout the forecast period.

The development and construction of smart cities have enormous market potential.

The development of smart cities and smart homes has the potential to significantly influence the growth of the motion sensor market. The rising development of home automation and smart homes is one of the primary contributors driving the market growth. Furthermore, the growing awareness and construction/development of smart cities will play a crucial role. The Indian government, through its Smart City Mission, has identified 99 cities that have the potential to become smart cities and is investing in their development. This involves the creation of smart houses that use motion sensor technology. The Chinese government is interested in the development of Shantytown and has sanctioned the US $255 billion for the reconstruction of 6 million housing units.

Market Restraint:

A highly complex manufacturing process with a demanding cycle time

Motion sensor manufacture requires numerous phases, ranging from R&D to system integration. Many manufacturers invest heavily in R&D to create new items to gain a competitive advantage in the market. These sensors have great sensitivity, compact size, low cost, durable packaging, and the ability to monitor both linear and rotational motion, allowing for a wide range of emerging applications. However, the production procedure for these sensors is quite time-consuming. This initial procedure requires a high level of accuracy with several alternative techniques for various applications, making the phase more complex.
Motion Sensor Market Segment Analysis:
by Sensor Type, the MEMS gyroscopes segment is incorporated in several electronic devices such as digital camcorders, video cameras, digital cameras, personal media players, notebook PCs, and video games. The MEMS gyroscope market is primarily driven by increased defense expenditure, across the world. According to MMR, global military spending remains very high at USD 1.7 trillion and various military organizations are adopting the latest technology to enhance efficiency. There the growth of this segment is expected to fuel the market growth during the forecast period.

The combos sensors segment is most popular due to their higher accuracy and will dominate the market during the forecast period. This is due to the microfabrication of multiple types of motion sensors into a single device which gives greater accuracy in motion detection. Combo sensors, that merge the gyroscope, magnetometer, and accelerometer into a single MEMS system are utilized in consumer electronic devices such as smartphones.By Technology, the infrared segment dominated the Motion Sensor market in 2023. The market for infrared cameras has increased in recent years as a result of technological advancements in the field of motion sensors. A pyroelectric infrared sensor detects humans and animals with high accuracy. Furthermore, infrared motion sensors are increasingly being used for applications such as home security and surveillance. Furthermore, their capacity to be easily calibrated makes them excellent for aerospace and military as well as other applications like healthcare and consumer electronics.

The dual technology segment is expected to be the fastest-growing segment over the forecast period. These sensors use several technologies, such as passive infrared-microwave or passive infrared-ultrasonic. Dual technology sensors are highly dependable even in locations with obstructions and dividing walls owing to this hybrid approach. Dual technology continues to gain traction as the scope of consumer electronics increases. The main benefit of this product type is that it can reduce the probability of false alarms.

By Application, the consumer electronics segment held the largest market share in 2023 due to rising demand for multimedia products with capabilities such as motion stabilization and indoor navigation. Furthermore, the development of sensor fabrication techniques such as MEMS has significantly reduced the size of motion sensors, allowing them to be used in portable consumer gadgets. Mobile phones, portable media players, and game consoles are examples of these devices.
Motion Sensor Market Regional Insights
The Asia Pacific market is expected to be the fastest-growing over the forecast period. Technological advancements such as IoT and wireless sensor networks in the region have led to an increase in the popularity of ideas such as smart homes and robotic kitchens, which is likely to fuel product demand. Furthermore, countries such as China and Japan are considered manufacturing and assembly centers for consumer electronics manufacturers such as SAMSUNG and Sony Corporation. These factors are expected to increase regional product demand even more.

Europe had a significant share and is likely to retain its dominance of the global market throughout the forecast period, owing to the region's high adoption of modern equipment such as conveying and rotating equipment. The rise in speculation for advanced factory automation such as industry 4.0 and robots is boosting demand for multi-axis sensors in Europe.

Major European semiconductor and equipment manufacturers are focusing on regional business growth and the establishment of new factories to improve manufacturing capacity. The motion sensor market in Europe is expected to increase due to the increasing use of motion sensors in consumer devices such as smartphones and tablets.
Motion Sensor Market Scope: Inquire before buying



Global Motion Sensor Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 6.13 Bn.


Forecast Period 2024 to 2030 CAGR:
7.6 %
Market Size in 2030:
US $ 10.24 Bn.


 Segments Covered:
by Sensor Type
MEMS Accelerometer
MEMS Gyroscope
MEMS Magnetometer
Sensor Combos


by Function
Fully Automatic
Semi-Automatic


by Technology
Infrared
Ultrasonic
Microwave
Dual Technology
Tomographic
Others


by Application
Consumer Electronics
Automotive
Aerospace & Defense
Healthcare
Industrial
Others



Motion Sensor Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Motion Sensor Market, Key Players are
1. STMicroelectronics
2. Murata Manufacturing
3. Honeywell International
4. NXP Semiconductors
5. Analog Devices
6. Microchip Technology
7. TDK InvenSense
8. Bosch Sensortec
9. Memsic
10. Kionix
11. TE Connectivity
12. IFM Electronic
13. Sensata Technologies
14. Xsens Technologies
15. Colibrys

FAQs:

1. Which is the potential market for Motion Sensor in terms of the region?
Ans. In the Asia Pacific region, Technological advancements such as IoT and wireless sensor networks in the region have led to an increase in the popularity of ideas such as smart homes and robotic kitchens are expected to drive the market.

2. What is expected to drive the growth of the Motion Sensor market in the forecast period?
Ans. The growing use of motion sensors in electronic devices is a major factor driving market growth during the forecast period.

3. What is the projected market size & growth rate of the Motion Sensor Market?
Ans. The Global Motion Sensor Market accounted for $ 6.13 billion in 2023 and is expected to reach $ 10.24 billion by 2030 at a CAGR of 7.6 % during the forecast period.

4. What segments are covered in the Motion Sensor Market report?
Ans. The segments covered are Sensor Type, Function, Technology, Application, and region.