The Asia-Pacific Motion Sensor Market is Estimated to Grow $2,368.9 Million by 2019 – A Report by MicroMarket Monitor
(PRWEB) April 30, 2015 -- The Asia-Pacific motion sensor market is estimated to grow from $837.5 million in 2014 to $2,368.9 million by 2019, at a CAGR of 23.1% during the period under consideration.
Browse through the TOC of Asia-pacific motion sensor market for an analysis of industry trends and segments, with the help of various tables and figures.
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The Asia-Pacific motion sensor market report has been segmented in terms of product, technology, application, and geography. The main technology sub-segments are passive infrared sensors, ultrasonic sensors, microwave sensors, tomographic sensors, and dual-technology motion sensors. The products comprise accelerometers, gyroscopes, digital compasses, and motion sensor combos. In terms of application, the concerned market is segmented into the consumer electronics, automotive, industrial, healthcare, and aerospace & defense industries.
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The geographical analysis contains an in-depth classification for India, China, Japan, South Korea, and Taiwan. The report also gives detailed profiles of various companies currently active in these markets. In addition to company profiles, the report provides a competitive landscape of the key players in the concerned market. The competitive landscape covers the market share analysis, mergers & acquisitions, collaborations, partnerships, new product developments, and other such key growth strategies of each market player.
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The use of motion sensors in consumer electronics is expected to grow at a CAGR of 27.1% from 2014 to 2019. This sector is expected to drive the growth of the APAC motion sensor market in the coming years. China was the leading market for motion sensors in Asia-Pacific with a market share of 48.2% in 2014; Taiwan is expected to be the fastest-growing market at a CAGR of 37.5% from 2014 to 2019.
Some of the key players of the Asia-Pacific motion sensor market include STMicroelectronics N.V. (Europe), Murata Manufacturing Co. Ltd. (Japan), and Analog Devices, Inc., among others.
Related Report:
Europe Motion sensor Market
Motion gaming has gained popularity in the recent times. For this, accelerometers and gyroscopes are readily employed in video game consoles. The success of Apple iPhone’s gaming application and Nintendo's Wii game console are the key contributors to the rise of motion gaming market.
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