Dallas, TX -- (SBWIRE) -- 03/26/2014 -- According to a new market research report "Motion Sensors Market, Global Forecast & Analysis (2011 - 2016) By Technology (Passive Infrared, Ultrasonic, Microwave, Tomographic, Dual -Technology/ Hybrid), Application Types (Consumer Electronics, Automotive, Industrial & Medical, Aerospace & Defense) & Products (Mems Accelerometer, Mems Gyroscopes, Digital Compass)'', published by MarketsandMarkets, the total Global Motion Sensors market is expected to reach $4.8 billion by 2016 at a CAGR of 21.78% from 2011 to 2016.
Browse More than 80 tables and in-depth TOC on "Motion Sensors Market, Global Forecast & Analysis (2011 - 2016) By Technology, Application Types & Products''.
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The Global Motion Sensors market has gained force in the last couple of years. With the number of innovations taking place in the technology of Motion Sensors product lines and its usages, the market is expected to grow exponentially in the next five years at a considerable compounded annual growth. The demand for products that use Motion Sensor technology is increasing due to its increasing research and development.
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Today, the largest market share is held by consumer electronic & automotive devices, which have been increasing considerably. The increasing is due to growth in smartphones & tablets and various advanced automotive applications, increase in number of corporate buyers, and rise in application related motion sensing technology.
Lots of other products are enbled of Motion sensor such as the smartphone & tablets, interactive displays, industrial machines, medical equipments, defense & military weapons are expected to capture the market in the next two to three years.
The increasing demand for Motion Sensor technology has influenced many manufacturers to develop motion sensor products, which have bright applications like infotainment and entertainment services. This also creates the opportunities for software companies to increase their market by providing new solutions for different products in this segment.
The agenda for the briefing includes discussion on key high growth markets, thereby marking the growth trend in the Motion Sensors market. Furthermore, a briefing will be conducted on the competitive scenario and geographic trends and opportunities in the macro-and micro-markets with respect to North America, Europe, Asia-Pacific, and ROW. The competitive strategies and their initiatives taken by different companies to increase their market will also be discussed in detail.
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