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Opportunities for the global motion sensor market to reach $5.7 billion by 2021

Publish Date: 13-02-2018 04:25:27 | Contact name: Lucintel | Location: USA | Place: 222 Las Colinas Blvd West, Suite 1650, Irving, TX 75039, USA | 1 times displayed |

According to a new market report published by Lucintel,
the future of the motion sensors market looks promising with opportunities in consumer
electronics, automotive, industrial, healthcare, and aerospace & defense
sectors. The global motion sensor market is expected to reach an estimated $5.7
billion by 2021 and is forecast to grow at a CAGR of 4.6% from 2016 to 2021. The major
drivers
of growth for this market are increasing penetration of motion sensors in
smartphone and tablets, growing interactive motion gaming, and increasing
safety and security features in the automotive industry.



Motion Sensors are used in variety of end use
sectors, such as consumer electronics, automotive, industrial, healthcare, and
aerospace & defense. Lucintel predicts that the demand for consumer
electronics is likely to experience the highest growth in the forecast period,
supported by increasing demand in smartphone and tablets and growth in wearable
devices and in the interactive gaming market.



Within the motion sensor market, MEMS
gyroscope motion sensor is expected to remain the largest market. Increasing
usage of gyroscopes for image stabilization, high stability, and navigation in the
consumer electronics industry is expected to spur growth for this segment over
the forecast period.



Europe is expected to remain the largest region
due to its higher demand for advanced feature consumer electronics, luxury vehicles,
advanced healthcare facilities, and voice-controlled equipment.



Asia Pacific and Rest of the World are
expected to witness good growth over the forecast period because of an increase
in demand of smartphone, tablets, and wearable devices, and growth in
industrial automation and robotics.



For business expansion, the report suggests
innovation and new product development to reduce power consumption. The
report further suggests the development of partnerships with customers to
create win-win situations and development of low-cost solutions for the end
user.



Emerging
trends, which have a direct impact on the dynamics of the industry, include increasing
penetration of motion sensors in autonomous vehicles, increasing use of motion sensors
in smart homes, and interactive televisions. ST Microelectronics, Murata
Manufacturing Co. Ltd., Honeywell International, Inc., Freescale Semiconductor,
Ltd., Analog Devices, Inc., Microchip Technology, Inc., Invensense, Inc., Bosch
Sensortec GmbH, Memsic Inc., and Kionix Inc. are among the major motion sensor suppliers.



Lucintel, a
leading global strategic consulting and market
research firm, has analyzed growth opportunities in the global motion sensor
market by sensor type, end use, and region and has come up with a comprehensive
research report entitled “Global
Motion Sensor Market 2016-2021: Trends, Forecast, and Opportunity Analysis
.” The
Lucintel report serves as a spring board for growth strategy as it provides a
comprehensive data and analysis on trends, key drivers, and directions. The
study includes a forecast for the motion sensor market by sensor type, end use,
and region as follows:



By End use [Volume (Million Units) and $M
shipment analysis from 2010 to 2021]:



·
Consumer Electronics



·
Automotive



·
Industrial



·
Healthcare



·
Aerospace & defense



·
Others





By Sensor type [Volume (Million Units) and $M
shipment analysis from 2010 to 2021]:



·
MEMS
Accelerometer



·
MEMS
Gyroscope



·
MEMS
Magnetometer



·
MEMS
Combo



·
Infrared
Sensor



·
Ultrasonic
Sensor



·
Microwave
Sensor



·
Others





By region [Volume (Million Units) and $M
shipment analysis from 2010 to 2021]:



·
North America



·
Europe



·
Asia Pacific



·
Rest of World



This
160-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com. Lucintel
offerings include Telecommunication
Report
, Telecommunication
Market Report
, Opportunity Screening and Analysis, Capital Investment Feasibility and SWOT
Matrix
.





About
Lucintel



Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.



This
report answers following 11 key questions:





Q.1
What are some of the most promising potential, high-growth opportunities for
global motion sensor market by end use industry (consumer electronics,
automotive, industrial, healthcare, aerospace & defense, and others),
sensor type (MEMS accelerometer, MEMS gyroscopes, MEMS magnetometer,
MEMS combo, infrared sensor, ultrasonic sensor, microwave sensor, and others), and regions (North America, Europe, Asia
Pacific, and the Rest of the World)?



Q.
2 Which segments will grow at a faster pace and why?



Q.3
Which regions will grow at a faster pace and why?



Q.4
What are the key factors affecting market dynamics? What are the drivers and
challenges of the market?



Q.5
What are the business risks and threats to the market?



Q.6
What are emerging trends in this market and reasons behind them?



Q.7
What are some changing demands of customers in the market?



Q.8
What are the new developments in the market? Which companies are leading these
developments?



Q.9
Who are the major players in this market? What strategic initiatives are being
implemented by key players for business growth?



Q.10
What are some of the competitive products and processes in this area and how
big of a threat do they pose for loss of market share via materials / product
substitution?



Q.11
What M&A activities have occurred in the last 5 years?









Contact Lucintel: Opportunities for the global motion sensor market to reach $5.7 billion by 2021

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