Redding, California - July 31, 2024
Motion Sensors Market to be Worth $7.9 Billion by 2031
Motion Sensors Market Size, Share, Forecast, & Trends Analysis by Type (Active (Microwave, Infrared), Passive (Dual Technology)), Connectivity (Wired, Wireless), Application (Consumer Electronics, Automotive), Geography - Global Forecast to 2031
Meticulous Research®—a leading global market research company, published a 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’.
According to this latest publication from Meticulous Research®, the motion sensors market is expected to reach $7.9 billion by 2031, at a CAGR of 7.4% from 2024 to 2031. This market's growth can be attributed to a number of factors, including rising demand for automation, the development of smart cities, and the increasing acceptance of motion sensors in consumer electronics. Additionally, the expanding usage of motion sensors in the healthcare industry, the growing adoption of motion capture technology (MOCAP) in the gaming industry, and the growing adoption of wireless motion sensors are all anticipated to drive growth in the market. However, legal and compliance issues surrounding sensor usage and data privacy may limit the market's growth. On the other hand, battery life difficulties with motion sensor systems present significant challenges for the players operating in the market.
Furthermore, the integration of motion sensors with artificial intelligence (AI) and advancements in 3D sensing technology is a key trend in the motion sensors market.
The global motion sensors market is segmented by type, connectivity, and end use industry. This study also evaluates end-user industry competitors and analyzes the market at the region/country level.
Based on type, the global motion sensors market is broadly segmented into active motion sensors and 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. This segment's large market share is due to its cost-effectiveness and low maintenance requirements when compared to active sensors, the growing use of PIR sensors in consumer electronics for motion detection in devices such as smart lighting and home automation systems, the increasing use of passive motion sensors for automating lighting and HVAC (heating, ventilation, and air conditioning) systems, and the growing demand for smart home devices.
However, the active motion sensors segment is expected to witness a higher growth rate during the forecast period due to the increasing demand for active motion sensors, including radar and ultrasonic sensors for advanced security systems, and the growing use of active motion sensors with features including high precision and long-range detection for collision avoidance and object detection.
Based on connectivity, the global motion sensors market is broadly 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. This segment’s large market share is attributed to its benefits compared to wireless sensors, low latency, the need for frequent battery replacements & ensuring uninterrupted operation, and cost-effectiveness, and growing use of wired motion sensors for consistent & reliable connectivity without interference for applications such as industrial automation and critical infrastructure monitoring.
However, the wireless motion sensors segment is expected to register a higher CAGR during the forecast period due to its benefits, including easier and quicker installation, increasing use of wireless motion sensors for dynamic environments such as smart homes and offices, for integrating with other smart home devices and IoT ecosystems and increasing technological advancements in wireless technologies.
Based on end user, the global motion sensors market is broadly segmented into consumer electronics, safety & security, automation & robotics, healthcare, smart home, aerospace & defense, automotive, and other end user. In 2024, the consumer electronics segment is expected to account for the largest share of over 26.0% of the motion sensors market. This segment’s large market share can be attributed to the growing use of motion sensors in consumer electronics to enable features such as gesture recognition, screen orientation, and motion-controlled gaming, increasing wearable devices, including fitness trackers and smartwatches, and enabling gesture control and motion-based navigation in smart TVs and remote controls.
However, the automotive segment is estimated to register the highest CAGR during the forecast period due to the increasing demand for in-vehicle infotainment systems with features such as gesture control, growing adoption of advanced driver assistance systems for lane departure warning, adaptive cruise control, and collision avoidance, and increasing utilization of motion sensors in vehicle security systems, driver monitoring systems, and parking assistance to increase driving safety.
Based on geography, the global 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, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America's significant market share can be attributed to several key factors, including the continuous advances in sensor technology, the region's advanced healthcare infrastructure and emphasis on health monitoring & medical devices, rising adoption of smart home technologies, such as security systems, smart lighting, and presence of major automotive manufacturers, and the rapid acceptance 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.
Key Players:
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).
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Key questions answered in the report-
- Which are the high-growth market segments based on type, connectivity, end use industry, and geography?
- What was the historical market for the motion sensors market?
- What are the market forecasts and estimates for the period 2024–2031?
- What are the major drivers, restraints, opportunities, and challenges in the motion sensors market?
- Who are the major players, and what shares do they hold in the motion sensors market?
- What is the competitive landscape in the motion sensors market?
- What are the recent developments in the motion sensors market?
- What do the major players adopt the different strategies in the motion sensors market?
- What are the key geographic trends, and which are the high-growth countries?
- Who are the local emerging players in the global motion sensors market, and how do they compete with the other players?
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