PUBLISHER: Meticulous Research | PRODUCT CODE: 1576678
PUBLISHER: Meticulous Research | PRODUCT CODE: 1576678
Motion Sensors Market by Type (Active (Microwave, Infrared), Passive (Dual Technology)), Connectivity (Wired, Wireless), Application (Consumer Electronics, Automotive), Geography-Global Forecast to 2031
The research report titled 'Motion Sensors Market by Type (Active (Microwave, Infrared), Passive (Dual Technology)), Connectivity (Wired, Wireless), Application (Consumer Electronics, Automotive), Geography-Global Forecast to 2031' provides an in-depth analysis of motion sensors market in five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031.
The motion sensors market is expected to reach $7.9 billion by 2031, at a CAGR of 7.4% from 2024 to 2031.
The growth of this market is driven by the rising demand for automation, the increasing development of smart cities, and the growing adoption of motion sensors in consumer electronics. However, regulatory & compliance issues related to sensor usage and data privacy may restrain the growth of this market.
Furthermore, the increasing use of motion sensors in the healthcare industry, the growing adoption of motion capture technology (MOCAP) in the gaming industry, and the increasing adoption of wireless motion sensors are expected to create market growth opportunities. However, battery life issues related to motion sensor devices are a major challenge for the players operating in this market.
Additionally, the integration of motion sensors with artificial intelligence (AI) and advancements in 3D sensing technology are key trends in the motion sensors market.
The motion sensors market is segmented by type, connectivity, end-use industry, and geography. This study also evaluates industry competitors and analyzes the market at the regional and country levels.
Based on type, the motion sensors market is broadly segmented into active motion sensors and passive motion sensors. Active motion sensors are segmented into microwave, infrared (IR), ultrasonic, radar, laser, and other types. Passive motion sensors are further segmented as passive infrared (PIR) sensors, dual technology sensors, area reflective sensors, capacitive sensors, and other passive motion sensors. In 2024, the passive motion sensors segment is expected to account for a larger share of over 56.0% of the motion sensors market. However, the active motion sensors segment is estimated to register the highest CAGR during the forecast period. The increasing demand for active motion sensors for advanced security systems and the growing use of active motion sensors for collision avoidance and object detection are expected to support the growth of this segment.
Based on connectivity, the motion sensors market is segmented into wired motion sensors and wireless motion sensors. In 2024, the wired motion sensors segment is expected to account for a larger share of over 65.0% of the motion sensors market. However, the wireless motion sensors segment is expected to register the highest CAGR during the forecast period. The increasing use of wireless motion sensors for dynamic environments such as smart homes and offices, increasing technological advancements in wireless technologies, and the growing use of wireless motion sensors for integrating with other smart home devices and IoT ecosystems are expected to support the growth of this segment.
Based on end-use industry, the motion sensors market is segmented into consumer electronics, safety & security, automation & robotics, healthcare, smart home, aerospace & defense, automotive, and other end-use industries. In 2024, the consumer electronics segment is expected to account for the largest share of over 26.0% of the motion sensors market. However, the automotive segment is poised to register the highest CAGR during the forecast period. The growing adoption of advanced driver assistance systems, increasing utilization of motion sensors in vehicle security systems, and increasing demand for in-vehicle infotainment systems with features such as gesture control are expected to support the growth of this segment.
Based on geography, the motion sensors market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of over 35.0% of the motion sensors market. North America's significant market share can be attributed to several key factors, including continuous advancements in sensor technology, the presence of major automotive manufacturers, and the rapid adoption of advanced driver assistance systems (ADAS) and autonomous vehicles.
However, the market in Asia-Pacific is slated to register the highest CAGR of over 8.5% during the forecast period. This regional market's growth is attributed to the rising adoption of industrial automation in manufacturing and logistics sectors, growing government initiatives, and investment in smart city projects across the region. Moreover, the expansion of regional economies and rapid infrastructure development, particularly in Japan, South Korea, and India is supporting the market growth in Asia-Pacific.
The key players operating in the motion sensors market are Murata Manufacturing Co., Ltd (Japan), Analog Devices, Inc. (U.S.), TDK Corporation (Japan), NXP Semiconductors N.V. (Netherlands), STMicroelectronics International N.V. (Switzerland), TE Connectivity Ltd. (Switzerland), Panasonic Corporation (Japan), Bosch Sensortec GmbH (Germany) (a subsidiary of Robert Bosch GmbH (Germany)), Sensata Technologies, Inc. (U.S.), KEMET Corporation (U.S.), Texas Instruments Incorporated (U.S.), Honeywell International Inc. (U.S.), TELTONIKA group (Lithuania), Legrand (France), MEMSIC Group (China), Siemens AG (Germany), Pulsotronic GmbH & Co. KG (Germany), Aura Light International (Sweden), and ELA Innovation SA (France).
Motion Sensors Market Assessment-by Type
Motion Sensors Market Assessment-by Connectivity
Motion Sensors Market Assessment-by End-use Industry
Motion Sensors Market Assessment-by Geography
(Note: SWOT Analysis of the Top 5 Companies will be Provided)