1 / 3

Motion Sensor Market Size, Share and Growth Analysis Report

The major reasons behind the prosperity of the motion sensor market are the increasing demand for consumer electronics and the expansion in the worldwide automotive industry.

Télécharger la présentation

Motion Sensor Market Size, Share and Growth Analysis Report

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Research Methodology & Scope of Work Motion Sensor Market Feb 24th, 2020 © P&S Intelligence. All rights reserved 1

  2. The major reasons behind the prosperity of the motion sensor market are the increasing demand for consumer electronics and the expansion in the worldwide automotive industry. From $4,430.7 million in 2019, the market revenue is expected to grow at a CAGR of 5.1% during 2020–2030 (forecast period). At this rate, the sales of these devices are projected to be worth $7,590.8 million by 2030. Such devices are used to see the distance travelled by a physical body in a defined area. On the basis of technology, the motion sensor market is bifurcated into passive and active, of which the passive bifurcation dominated it in 2019, and it would also experience the higher CAGR during the forecast period. This is credited to the rising adoption of microelectromechanical system (MEMS) and infrared (IR) motion sensors that work on the passive technology. Such devices are widely utilized in medical devices, consumer electronics, and industrial machines. To cater to the rising requirement for such devices, the production of motion sensors has to be raised significantly. Therefore, in order to save costs, manufacturers are turning to the MEMS technology to produce these devices, as it is based on the process of microfabrication. Apart from cost benefits, MEMSs also offer enhanced reliability and performance figures, which is why this technology is becoming a motion sensor market trend. As MEMSs are based on silicon wafers, a single batch of semiconductors can produce thousands of motion sensors. The increasing demand for consumer electronics is one of the most important drivers for the market. Motion sensors have numerous uses in electronics, such as detecting the heartbeat in smart wearables and controlling a smartphone’s screen orientation. Request Sample Copy of Report: https://www.psmarketresearch.com/market- analysis/motion-sensor-market/report-sample A high interest in consumer electronics, including smartphones, smart wearables, and augmented reality (AR)/virtual reality (VR) devices, is being displayed by the millennials and the young, owing to the rising disposable income and standard of living and easy access to financing. With population boom, the sale of consumer electronics would surge further. © P&S Intelligence. All rights reserved 2

  3. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 © P&S Intelligence. All rights reserved 3

More Related