The Latin American Motion Sensor market report is expected to reach $201.4 million by 2018 - New Report by MicroMarket Monitor

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Low manufacturing cost, cheap labor, and presence of Original Equipment Manufacturers (OEMs) drives the Latin American Motion Sensor market http://www.micromarketmonitor.com/market/latin-america-motion-sensor-4736767043.html

MicroMarket Monitor

MicroMarket Monitor

Key Players in the Latin American Motion Sensor market ST Microelectronics, Atmel Corporation, Analog Devices, Inc., Cypress Semiconductor Corporation, Murata Manufacturing Co.Ltd

The Latin American Motion Sensor market report defines and segments the concerned market in Latin America with analysis and forecast of revenue. This market was valued $56.6 million in 2013, and is expected to reach $201.4 million by 2018, at a CAGR of 28.9% from 2013 to 2018.

Browse through the TOC of the Latin American Motion Sensor market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation of motion sensor market, and is supported by various tables and figures.

http://www.micromarketmonitor.com/market/latin-america-motion-sensor-4736767043.html

Motion sensors are specially programmed components that help to sense or detect movement and provide a certain response as a signal or a physical condition. It can be seen as a replacement for the traditional micro-electro-mechanical system (MEMS) sensors. The market is now on the rise due to increase in the use of motion sensor enabled smart phones, tablets, medical equipment’s, military & aerospace devices, and industrial machineries. Motion sensors technology is in great demand with motion sensors enabled consumer electronics devices such as smartphones & tablets. As a result, a majority of the consumer electronic device manufacturers tend to integrate these sensors to enhance their value proposition.

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Latin America is an emerging market for motion sensor, due to low manufacturing cost, cheap labor, and presence of Original Equipment Manufacturers (OEMs). Countries contributing towards Latin American motion sensor market are Brazil and Argentina. This enables the motion sensor manufacturers to develop their business in these regions. In 2013, Brazil accounted approximately 60% of the total Latin American market share in terms of revenue generated by motions sensors. Brazil is expected to grow at a faster pace than Argentina, and will continue to remain the largest market for motion sensors in Latin America during the forecast period.

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This market is segmented and forecast based on types, end-users, and products. The types segment of this market comprises only Hybrid Motion Sensor. On the basis of end-users, the market is segmented into Automotive, Consumer Electronics, Industrial Manufacturing, Military, and Other End-users. The market is further segmented and forecast based on products; Accelerometer, Digital compass, Gyroscope, and Motion sensor combos.

This report includes market share and value chain analysis, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.

Related Reports :

North America Motion sensor Market

Motion sensing technology is in huge demand at the customer's base, as the technology has been economically inaccessible since many years. Motion sensing technology is an emerging one that is revolutionizing the way equipment’s interact with humans.
Different technologies are specifically used for different applications based on the features and performances of motion sensing technologies. The market is now on the rise due to increase in the use of motion sensor enabled smart phones, tablets, medical equipment’s, military & aerospace devices, and industrial machineries.
The North American motion sensor market was valued $784.90 million in 2013 and is expected to grow from $935.50 million in 2014 to $1,996.52 million by 2018, at an estimated CAGR of 20.87% from 2014 to 2018. North America and Europe are reaching the maturity stage whereas, both APAC and ROW are considered as high growth markets.

http://www.micromarketmonitor.com/market/north-america-motion-sensor-2851486835.html

Europe Motion sensor Market

Motion sensing technology is in huge demand at the customers’ base, and the technology has been economically inaccessible since many years. Motion sensing technology is an emerging one that is revolutionizing the way equipment’s interact with humans.
Different technologies are specifically used for different applications based on the features and performance of motion sensing technologies. The market is now on the rise due to increase in the use of motion sensor enabled smart phones, tablets, medical equipment’s, military & aerospace devices, and industrial machineries.
The European motion sensor market was valued $989.90 million in 2013 and is expected to grow from $1,215.00 million in 2014 to $2,749.34 million by 2018, at an estimated CAGR of 22.65% from 2014 to 2018. North America and Europe are reaching the maturity stage whereas APAC and ROW both are considered as a high growth markets.

http://www.micromarketmonitor.com/market/europe-motion-sensor-7217949673.html

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