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Fluctuating Global Economy Could Pose a Challenge to Growth of Global Consumer Motion Sensor Market

Apr 16 2014

Research and Markets has announced the addition of the "Global Consumer Motion Sensor Market Report" report to their offering.

The analysts forecast the Global Consumer Motion Sensor market to grow at a CAGR of 15 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for smartphones and tablets. The Global Consumer Motion Sensor market has also been witnessing the emergence of motion sensor applications for interactive TV. However; the fluctuating global economy could pose a challenge to the growth of this market.

The report, the Global Consumer Motion Sensor Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the APAC region, North America, and ROW; it also covers the Global Consumer Motion Sensor market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

In recent years, interactive TV has emerged as one of the most promising application trends in the Global Consumer Motion Sensor market. Motion sensor technology employing remote controls enables consumers to use point-and-click and gesture-based controls, reducing the button overload of traditional remote controls and it also allows faster and simpler control of different types of media.

Customized sign-on gestures enable simple user authentication, intelligent content recommendations, and parental control of TV content. Thus, the growth in this application along with new developments is expected to drive the demand for motion sensors during the forecast period.

According to the report, one of the major drivers in this market is the increase in the demand for smartphones and tablets. The promulgation of technological advancements has made consumers "tech savvy", which has increased the demand for multiple features such as motion sensor technology to be incorporated in smartphones and tablets. Thus, the growing demand for smartphones and tablets has accelerated the growth of the Global Consumer Motion Sensor market.

Further, the report states that one of the key challenges faced by the market is the fluctuating global economy. The uncertain global economy is adversely affecting the demand for various consumer electronics, which negatively impacts the Global Consumer Motion Sensor market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Topics Covered:

1. Executive Summary

2. Scope of the Report

3. Market Research Methodology

4. List of Abbreviations

5. Introduction

6. Market Landscape

7. Market Segmentation by Application

8. Market Segmentation by Technology

9. Geographical Segmentation

10. Key Leading Countries

11. Buying Criteria