According to a recent report published by IndustryARC, the
global motion sensors market generated $3.74 billion in revenue in 2018 owing
to the large-scale application of motion sensors in offices, hotels, shopping
malls, hospital facilities, and many more. Motion sensors are primarily used
for smoke detection and fire and burglar alarms, capturing pictures through
security or photography camera, burglar alarms, and automatic lighting systems.
The motion sensors market is projected to grow at a CAGR of 7.29% through 2025.
The report is titled “Motion Sensor Market: By Sensor Type
(Ultrasonic, Infra-red (IR), Microwave (MRW), Tomographic, Others), By
Technology, By Application, & By Geography – Forecast (2019 - 2025).” about
it provides an analysis of the market scenario, strategic analysis and
competitive scenario, and scope for companies in the global market.
Global Motion Sensors Market: Leading Segments:
APAC is a huge market for motion sensors owing to the
rising population, and high purchasing power of people. The region is also home
to several key companies in the motion sensors amrket. APAC held 30.87% share
of the global market in 2018. This huge contribution is led by various
companies who deal with motion sensor products, which include Panasonic PIR
sensors and smart lighting systems, Sony CCTV, CP Plus security systems, and so
on. The major demand pull comes from the consumer electronics segment and this
segment is evaluated to grow at a considerable CAGR of 8.74% during the
forecast period 2019--2025.
Some of the major players in the global motion sensors
market include Microchip Technology Inc., InvenSense Inc., Honeywell
International Inc., Murata Manufacturing Co. Ltd., and Robert Bosch GmbH.
Robert Bosch GmbH is a market leader in manufacturing various
technologically innovative products with automotive functionality and also
offers other services and solutions. It also manufactures several end products such as intrusion alarm systems, panic
buttons, smoke detectors, PIR sensors, and many more.
Global Motion Sensors Market: Disruptive Trends and Growth
Drivers:
· The growing burglary and crime cases pose serious threats
to people and property, ultimately increasing the demand for motion sensors.
· Increasing preference for security systems and automatic
door systems in modern buildings also majorly boosts the global motion sensors
market growth.
· Additionally, smart motion sensors incorporated into lighting
systems enhance the aesthetic look of any indoor or outdoor decoration, which
is why it is gaining huge customer demand.
Talk to one of our sales representatives about the full
report by providing your details in the link below:
https://www.industryarc.com/support.php?id=15583
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What can you expect from the report?
The report is prepared with the main agenda to cover the
following 20 points:
1. Market Size by Product Categories & Application 11.
Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market
Data 12. Country level Analysis
3. Manufacturer Landscape 13. Competitor
Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market
Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity
Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
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user industry chapter
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companies that are of interest to you
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About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life Sciences and Healthcare.