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Motion Sensor Market Size Worth $8.7 Billion By 2025

The global motion sensor market size is projected to touch USD 8.7 billion by 2025. The market is anticipated to grow at 7.8% CAGR, according to a new report by Million Insights, Growing use of motion sensors in gaming devices and consumer electronics is driving the market growth.

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Motion Sensor Market Size Worth $8.7 Billion By 2025

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  1. Motion Sensor Market Size Worth $8.7 Billion By 2025 “The global motion sensor market size is projected to touch USD 8.7 billion by 2025. The market is anticipated to grow at 7.8% CAGR, Growing use of motion sensors in gaming devices and consumer electronics is driving the market growth. Rapidly increasing consumer electronics market is positively affecting the market growth. For example, newly introduced wearable devices are gaining traction among consumers.” The global motion sensor market size is projected to touch USD 8.7 billion by 2025. The market is anticipated to grow at 7.8% CAGR, Growing use of motion sensors in gaming devices and consumer electronics is driving the market growth. Rapidly increasing consumer electronics market is positively affecting the market growth. For example, newly introduced wearable devices are gaining traction among consumers. Technologies such as Virtual Reality (VR) and Augmentative Reality (AR) are increasingly getting popular in consumer electronics. These technologies are incorporated in smart phones and wearable devices such as VR glass, smart glass, head-up display and VR motion chairs. Motion sensors play crucial role in development of VR and AR applications. The number of VR users has increased from 1 million in 2014 to 150+ million in 2018. Thus, growing VR application is expected to create a lucrative opportunity for the market players. For AR/VR domain, motion sensors are used for gaming applications. Motion gaming system enables players to interact with the help of body movements. The demand for interactive games has increased significantly over the last few years, thereby, supporting the growth of motion sensors. Europe held the largest share in the motion sensors market and the region is projected to maintain its dominance over the next few years. Presence of leading automobile giant in the region is driving the growth of the market. On the other hand, Asia Pacific is anticipated to register the fastest CAGR over the forecast duration. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-motion-sensor-market/request-sample

  2. Further key findings from the report suggest: • Asia Pacific is a key market for consumer electronics and thereby, projected to occupy the significant share in the market over the forecast duration. • The microwave category is predicted to exhibit significant growth rate as they can operate in the K-band frequency range. • Healthcare segment is projected to grow considerably owing to increasing demand for wireless body area networks. • Leading players operating in the market are Kionix, Inc., NXP Semiconductors, SENSINOVA, TE Connectivity Ltd. and STMicroelectronics among others. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-motion-sensor-market Million Insights has segmented the global motion sensor market based on technology, application, and region: Motion Sensor Technology Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025) • Infrared • Ultrasonic • Microwave • Dual Technology • Tomographic • Others Motion Sensor Application Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)

  3. • Consumer Electronics • Automotive • Aerospace & Defense • Healthcare • Industrial • Others Motion Sensor Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025) • North America • U.S. • Canada • Europe • U.K. • Germany • Asia Pacific • China • India • Japan • Latin America • Brazil • Mexico • Middle East & Africa (MEA) See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/sensors

  4. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184

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