Motion sensors are commonly used in security systems for detecting motion and generating electrical signals. Motion sensors are the linchpin of any security system and use multiple technologies to detect any suspicious movement in a particular area. The global motion sensors market was valued at $5.36 billion in 2017 and is expected to grow at a CAGR of 12.8% from 2018 to 2026. The growing use of consumer electronics is the major factor driving the growth of the motion sensor market. The use of motion sensors in various handheld devices such as tablets, laptops, and smartphones, as well as growing consumer acceptance of wearable technology, are facilitating market growth worldwide.
The market for motion sensors is still in its early stages and is expected to gain momentum in the near future. The 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, the increasing use of motion sensors in various automobile applications, including airbag deployment systems, security, and advanced driver assistance systems (ADAS), is enhancing market growth.
The rapidly growing interactive gaming industry also bodes well for the market, as motion gaming is one of the evolving trends in the market. In motion gaming, the user performs activities such as running, cycling, problem-solving, etc., which lead the virtual character through different stages and levels of the game. While playing such games or performing such activities, users often wear devices that have 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 gaming applications has led to significant growth in the motion sensor market.
Market Snapshot
Infrared Sensors Exhibit the Largest Market Share
The global market for motion sensors is divided into infrared sensors, ultrasonic sensors, microwave sensors, tomographic sensors, and dual-technology sensors based on technology. In terms of value contribution, the market was dominated by infrared sensors in 2017, accounting for 35.25% market share in the same year. Infrared sensors are primarily used in applications that detect motion and people. The rising use of infrared sensors in places such as museums, retail shops, airports, and libraries for counting and detecting the motion of individuals has resulted in its growing demand. Depending on medium-wavelength infrared (MWIR) and long-wavelength infrared (LWIR) sensors and their spectral ranges, these sensors are extensively used in civil and military applications to track and detect targets.
MEMS Accelerometers made the most money in 2017.
MEMS accelerometers led the global motion sensors market by sensor type in 2017. 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 sensitive electronic devices. The rising need for developing advanced applications for 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 that employ motion sensors like MEMS accelerometers. Moreover, increased R&D investments have led to the development of advanced versions and efficient accelerometers, which are estimated to sustain growth in the market during the forecast period from 2018 to 2026.
Consumer Electronics will maintain its market dominance.
The consumer electronics segment is expected to continue to maintain its supremacy in the market during the forecast period from 2018 to 2026. The growth of this segment is largely attributed to the widespread use and acceptance of wearable as well as handheld devices, which is boosting the demand for motion sensors. 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 make 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, smartphones, gaming, audio/video devices, personal electronics, etc.
Asia Pacific will 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 a 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., is providing varied business opportunities in the North American region. Europe accounted for the second-largest motion sensor market in 2017.
Asia Pacific is considered a high-growth market and is projected to emerge as the fastest-growing region during the forecast period from 2018 to 2026. The use of motion sensors in consumer electronics is expected to grow at a higher rate in the near future. A developing consumer electronics sector is poised to drive the growth prospects of the motion sensor market in the region. Moreover, the automotive industry in the Asia Pacific is predicted to expand at a rapid pace, thereby facilitating the demand for motion sensors in the region.
Competitive Insights
The motion sensor market appears to be highly fragmented owing to the presence of a 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 portfolios 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, a 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 to interrupted immersion and motion sickness, which occur due to a delay between on-screen reaction and head motion and 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.
Periods of History and Forecast
The research report presents the analysis of each segment from 2016 to 2026, considering 2017 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2018 to 2026.
Report Scope by Segments
The motion sensors market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global motion sensor market based on technology, sensor type, end-use vertical, and geography. Key segments covered in the report are as follows:
Key questions are answered in this report.
What was the market size of motion sensors in 2017, and what is the forecast up to 2026?
What are the key market trends observed in the motion sensors market?
Which is the largest regional market for motion sensors?
Which are the most promising technology and end-use vertical in the motion sensor market?
Which region or segment will drive the market's growth? Why?
Which players are leading the motion sensor market?
What are the sustainability strategies adopted by the key players operating in the market?
This report's distinct data points
Motion sensor trends across different geographies and sub-geographies
The adoption rate of motion sensors in various applications
comprehensive mapping of the competitive landscape and the market participants' behavior.
Current and future scenarios of motion sensors across the globe
Frequently Asked Questions:
The market for Motion Sensors Market is expected to reach US$ 5.36 Bn by 2026.
The Motion Sensors Market is expected to see significant CAGR growth over the coming years, at 12.8%.
The report is forecasted from 2018-2026.
The base year of this report is 2017.
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. are some of the major players in the global market.
