Category

Motion Sensor Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Technology (Infrared, Ultrasonic, Microwave, Tomographic, Dual- Technology, Vibration), By Industry Vertical (Consumer Electronics, Automotive, Manufacturing, Aerospace And Defense, Healthcare, Others), And By Geography - Forecasts From 2021 To 2026

Published: Jun 2021 | Report Code:  KSI061611622 | Pages:  128

The global motion sensor market is expected to grow at a compound annual growth rate of 6.94% over the analyzed period to reach a market size of US$7.733 billion in 2026 from US$4.836 billion in 2019.

The prime reason driving the growth of the market is due to surging investment in the automation industry. Motion sensors are electronic sensing device which enables the user to detect motion through its sensing technology and alert or performs the task it is designed and installed for. Moreover, increasing the adoption of motion sensors in smart buildings and accommodations will further boost the market. Also, the rising demand for advanced consumer wearables such as smartwatches and devices will significantly contribute to increasing market size.

motion sensor market

The surging adaption of motion sensors in automotive and consumer electronics will lead to promising growth during the forecasted period.

Based on application, the motion sensor market is segmented as automotive, consumer electronics, healthcare, and others. The automotive segment of the market is anticipated to hold a significant share owing to the booming demand for automotive and advance technology. Except for 2020, global automotive sales have been on a rise. December 2019 passenger vehicle sale was 5% more than December 2018 sales. The sales for automotive will be increasing during the forecasted period, which will increase the demand for motion sensors. Also, with technological advancement, the market for motion sensors is predicted to skyrockets.

The development and sale of driverless cars will play a crucial role in the market growth of motion sensors since self-driving cars employ technologies, such as LiDAR, which uses light detection and ranging for motion detection and protection while driving. Further, strategic innovation and rigorous planning for a better consumer experience involve the employment of motion sensors, contributing to the market growth. Ford, for example, has upgraded its Ford Puma model to include the motion-sensor key to protect the vehicle against theft. For the production line of automotive, the Panasonic industry has developed a 6-axis interior sensor series that allows high-quality soldering for an error-free assembly, essential for automotive safety. This will open market opportunities, in the production line.

The consumer electronics segment of the motion sensor market is estimated to grow at an exponential rate during the forecasted period. The prime driver of the market in the segment is the surging demand for consumer electronics along with the growing demand for technologically advanced products. Consumer electronics, such as smartphones and wearable devices have been witnessing a growing demand, especially in developing countries. During disposable income and increasing standard of living is have led to booming demand for consumer electronics in the region.

Further increased participation of global market players with R&D and the launch of enhanced sensor technologies widens the opportunities for the market in the region. Xiaomi Corporation launched motion-activated night light for sale in India in September 2019. The healthcare sector will show noteworthy growth with the launch of electronic motion devices that monitors health and wellness. Recently, tech giant Google further penetrated the industry of health and wellness with the launch of its updated Nest Hub smart home device. The technology now inculcates sleep trackers using a radar-based sensor that tracks the sleep cycle, along with additional information with its cough and snore detectors. Technological upgrades play a crucial role in the market.

The development and construction of smart cities and smart homes have humongous market potential.

The construction of smart cities and smart homes can play a crucial role in the development of the motion sensor market. One of the key developers contributing to the growth of the market is the growing development in home automation and smart homes. Additionally, the rising recognition and construction/ development of smart cities will play a significant role. The government of India, under its Smart City Mission, has recognized 99 cities that have the potential to become smart cities and are investing in their development. This includes the construction of smart homes employing motion sensor technology. The Chinese government has shown interest in the development of Shantytown and has sanctioned a sum of US $255 billion for the reconstruction of 6 million housing units.

The Asia Pacific region is forecasted to have a notable market share during the forecasted period.

Based on geography, the motion sensor market is segmented into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific regions. The North American region is anticipated to hold a significant share of the market owing to its state of art infrastructure and early adoption of technology. Moreover, the presence of global market players in the region will also contribute to growth.

However, the Asia Pacific region is estimated to hold a notable share of the market and grow at an exponential speed with the adoption of advanced technology in countries like India, China, and Nepal. Moreover, rising construction industries and the development of cities into smart cities play a considerable role in the growth of the market. Population growth and demand for accommodation are the prime reason surging the construction industry in the region. Surging disposable income along with the raised standard of living play a crucial role in increasing demand for technologically advanced consumer electronics and automotive. The growing adoption of innovative techniques in the travel and lodging industry also provides huge market potential in the area.

motion sensor market

Covid 19 Impact On Motion Sensor Market

The coronavirus pandemic has a moderate effect on the market growth of motion sensors. In the short run, nationwide lockdowns resulted in a closer of manufacturing units due to disruption in the supply chain. However, new norms of reopening and social distancing involve the adoption of the technology to ensure trade along with cautiousness. Big retail stores, around India.  Were reopened with a footfall limit and were instructed to install sensors that govern the number of customers as per the area of the store. Moreover, the surge in consumer electronics, especially smartphones, laptops, and others, to resume education/ work online, also contributed to market recovery for the motion sensors.

Motion Sensor Market Scope:
Report Metric Details
 The market size value in 2019  US$4.836 billion
 The market size value in 2026  US$7.733 billion
 Growth Rate  CAGR of 6.94% from 2019 to 2026
 Base year      2019
 Forecast period  2021–2026
 Forecast Unit (Value)  USD Billion
 Segments covered  Type, Application, Geography
 Regions covered  North America, South America, Europe, Middle East, and Africa, Asia Pacific
 Companies covered  Honeywell International Inc., Microchip Technology Inc., Robert Bosch GmbH,   STMicroelectronics, Texas Instruments Incorporated, Analog Devices, Inc., NXP       Semiconductors N.V., TDK Corporation, TE Connectivity, Sensta Technologies, Inc.
 Customization scope  Free report customization with purchase

Segmentation:

  • By Type

    • Infrared

    • Ultrasonic

    • Microwave

    • Others

  • By Application

    • Consumer Electronics

    • Automotive

    • Healthcare

    • Others

  • By Geography

    • North America

      • USA

      • Canada

      • Mexico

    • South America

      • Brazil

      • Argentina

      • Others

    • Europe

      • Germany

      • Spain

      • United Kingdom

      • France

      • Others

    • Middle East and Africa

      • Saudi Arabia

      • South Africa

      • Others

    • Asia Pacific

      • China

      • Japan

      • Australia

      • India

      • Others


Frequently Asked Questions (FAQs)

Q1. What will be the motion sensor market size by 2026?
A1. The global motion sensor market is expected to reach a total market size of US$7.733 billion in 2026.
 
Q2. What is the size of the motion sensor market?
A2. The Motion Sensor market was valued at US$4.836 billion in 2019.
 
Q3. What are the growth prospects for the motion sensor market?
A3. The motion sensor market is expected to grow at a CAGR of 6.94% over the forecast period.
 
Q4. Which region holds the largest market share in the motion sensor market?
A4. The North American region is anticipated to hold a significant share of the motion sensor market owing to its state of art infrastructure and early adoption of technology.
 
Q5. What factors are anticipated to drive the motion sensor market growth?
A5. The prime reason driving the growth of the motion sensor market is due to surging investment in the automation industry.

Explore custom options available with this study:

  • Request customization

  • Buy sections of the study

  • Buy country specific report

  • Request excel, Historical data

  • Subscription inquiry

  • Request special pricing

Our Value Proposition

Analyst Support

All our studies come with 2 months of analyst support.

Confidentiality

We are in compliance with the global privacy laws.

OUR CLIENTS