Global Motion Sensor Market is valued approximately at USD 5.7 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8.92% over the forecast period 2020-2027. Motion Sensor is an electronic device which is used to detect the movement of the device, object or person. Initially they were used for security purposes but nowadays they are also used in defense systems, medical applications, robotics, electronic gadgets and many more applications due to features like light weight, less power consumption, small and handy. Theseare the driving factors for the growth in the market. The factors that are leading to growth in this market are development in the electronics devices and the urge to wear devices like smart watches, smart jackets, fit-band, etc. For Instance: As per data from Gartner in 2018, there was increase in the sales of wearable electronic devices by almost 27.04% as compared to last year.
COVID-19 pandemic has forced lockdown in almost every country in the world due to which the manufacturing of the motion sensors has been hampered. For the safety of the labors and employees many factories and industries are non-functional which may affect the revenue in long term. People are forced to stay at home and so there is a scope for increase in demand of these sensors in near future for robotics, self-driven cars, automated devices, etc. Furthermore, the rising advancements and other strategic alliance by market key player will create a lucrative demand for this market. However, one of the major factors restraining the growth of Global Motion Sensor market is the highly complex and critical manufacturing process. Along with this demand is hampered and highly unstable due to covid pandemic.

The regional analysis of global Motion Sensor market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world because it is a hub of automobile industry and the use of motion sensors in automobile is increasing drastically due to innovations like driverless cars, ADAS and airbags. Whereas, Europe is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
SimpliSafe (US)
ADT Security Services (US)
Honeywell Aerospace (UK)
Panasonic Electric Works (Japan)
TE Connectivity (Switzerland)
STMicroelectronics (Switzerland)
ROHM (Japan)
OSRAM Opto Semiconductors Gmbh (Germany)
NKK Switch (Japan)
Bosch Sensortec (Germany)
TDK InvenSense (Japan)
Xsens Technologies BV (Netherlands)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:
Dual Technology

By Application:
Consumer Electronics
Aerospace & Defence

By Region:
North America
Asia Pacific
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global Motion Sensor Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers