By Andy Choi
Research and Markets has expanded its report offering with a new report titled "Motion Sensors Market, Global Forecast & Analysis (2011 – 2016) By Technology, Application Types & Products."
The report provides a forecast for the market from 2011 to 2016. The report indicates that the global motion sensors market will grow at a CAGR of 21.8% to reach a value of $4.8 billion by 2016 from the $1.6 billion in 2010.
The report on the global market of motion sensors highlights important market segments by technology, application type and the product. Under technology segment, the report segments the market into ultrasonic sensors, passive IR sensors, microwave sensors, dual-technology sensors and tomographic sensors. The applications detailed in the report include aerospace, defense, medical, industrial, automotive and consumer electronics. The report also provides comprehensive detail of the products available in the market, including digital compass, combos sensor, MEMS gyroscopes and MEMS accelerometer. Additionally, the report also highlights the markets in Europe, North America, Asia-Pacific and rest of the world. It indicates that the Asia-Pacific market accounts for 38.7% of sales globally and will grow at a CAGR of 22.1%, whereas North American markets will grow at a CAGR of 20.3%.
Increasingly utilized in everyday applications, motion sensors are used in automatic doors and in the development of ultrasonic motion alarm. Advanced motion sensors can replace traditional MEMS sensors and their demand is steadily increasing for integration in motion-enabled devices such as tablets and smartphones. The greatest contribution to the growing motion sensors market is from the widely-adopted consumer electronic products such as smartphones.
The key players mentioned in the report include Aichi Steel, Akm, Analog Devices, Atmel, Bosch Sensortec, 3M Touch Systems, Colibrys, Cypress Semiconductor, Invensense, Epson Toyocom, Maxim Integrated Products, Yamaha, Vti Technologies, Synaptics, Stmicroelectronics, Murata Manufacturing, Microchip Technology, Memsic and Kionix.
Source: http://www.researchandmarkets.com