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The global motion sensor market was valued at US$ 5.5 Billion in 2021.
We expect the global motion sensor market to exhibit a CAGR of 7.8% during 2022-2027.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of various end-use industries for motion sensors.
The rising demand for motion sensors in electrical appliances to aid energy saving by switching off the appliances in case of continued inactivity is primarily driving the global motion sensor market.
Based on the technology type, the global motion sensor market can be categorized into infrared, ultrasonic, microwave, dual technology, tomographic, and others. Currently, infrared accounts for the majority of the global market share.
Based on the embedded sensor type, the global motion sensor market has been segregated into MEMS accelerometer, MEMS gyroscope, MEMS magnetometer, and sensor combos. Among these, sensor combos currently hold the largest market share.
Based on the end use industry, the global motion sensor market can be bifurcated into consumer electronics, automotive, industrial, aerospace and defense, healthcare, and others. Currently, the consumer electronics industry exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global motion sensor market include STMicroelectronics International N.V., Murata Manufacturing Co., Ltd., Honeywell International Inc., NXP Semiconductors N.V., Analog Devices, Inc., Microchip Technology, Inc., InvenSense, Inc., Bosch Sensortec GmbH, MEMSIC, Inc, and Kionix, Inc.
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