Global Motion Sensor Market Size Projected To Reach USD 8.7 Billion By 2025

Global Motion Sensor market report Million Insights
Image: Pexels

The global motion sensor market size is projected to touch USD 8.7 billion by 2025. The market is anticipated to grow at 7.8% CAGR, according to a new report by Million Insights. The growing use of motion sensors in gaming devices and consumer electronics is driving the market growth. Rapidly increasing consumer electronics market is positively affecting the market growth. For example, newly introduced wearable devices are gaining traction among consumers.

Read more Global E-compass Market Is Expected To Grow At A CAGR of 14% From 2019 to 2024

Technologies such as Virtual Reality (VR) and Augmentative Reality (AR) are increasingly getting popular in consumer electronics. These technologies are incorporated in smartphones and wearable devices such as VR glass, smart glass, head-up display and VR motion chairs. Motion sensors play a crucial role in the development of VR and AR applications. The number of VR users has increased from 1 million in 2014 to 150+ million in 2018. Thus, growing VR application is expected to create a lucrative opportunity for the market players, says a press release.

For AR/VR domain, motion sensors are used for gaming applications. Motion gaming system enables players to interact with the help of body movements. The demand for interactive games has increased significantly over the last few years, thereby, supporting the growth of motion sensors.

Europe held the largest share in the motion sensors market and the region is projected to maintain its dominance over the next few years. Presence of leading automobile giant in the region is driving the growth of the market. On the other hand, Asia Pacific is anticipated to register the fastest CAGR over the forecast duration.

Further key findings from the report suggest:

  • Asia Pacific is a key market for consumer electronics and thereby, projected to occupy a significant share in the market over the forecast duration.
  • The microwave category is predicted to exhibit a significant growth rate as they can operate in the K-band frequency range.
  • Healthcare segment is projected to grow considerably owing to the increasing demand for wireless body area networks.
  • Leading players operating in the market are Kionix, Inc., NXP Semiconductors, SENSINOVA, TE Connectivity Ltd. and STMicroelectronics among others.
A security system
This is human presence detector uses infrared motion sensor. (Image: Versatile Techno, Wikimedia Commons)

Million Insights 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

Read more Worldwide Wearable Display Market Is Forecasted To Grow At A CAGR Of 20%

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

  • S.
  • Canada

Europe

  • Germany
  • K.

Asia Pacific

  • China
  • India
  • Japan

Central & South America

  • Brazil
  • Mexico

Middle East & Africa (MEA)

Previous articleOCBC Bank Launches Healthcare App With Partners To Provide Access To Over 100 Telehealth Doctors
Next articleSSIVIX Lab Rolls Out One-Stop MyCLNQ Digital Health App To Meet Healthcare Needs Digitally
Sam Draper () is Online Editor at WT | Wearable Technologies specialized in the field of sports and fitness but also passionated about any new lifestyle gadget on the market. Sam can be contacted at press(at)wearable-technologies.com.