Global Motion Sensor Market for Wearables to Grow at a CAGR of 26.46% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Motion Sensor Market for Wearables 2016 - 2020” research report to their website www.MarketResearchReports.com

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Lewes, DE -- (SBWire) -- 04/22/2016 --Report forecast the global motion sensor market for wearables to grow at a CAGR of 26.46% during the period 2016-2020.

A motion engine is a combination of various ICs that control the position of the device with the help components like the accelerometer, magnetometer, and gyroscope. Motion control is essential in smart devices like smartphones, tablet, and wearables. Apart from device orientation motion engine also supports some applications to enhance user experience. In wearables, these motion engines are integrated to support lifestyle related applications, which in turn increases customer satisfaction.

The report covers the present scenario and the growth prospects of the global motion sensor market for wearables for the period 2016-2020. The wearable electronic devices discussed in the report include the following:

- Smart bands
- Smart clothing
- Smart glasses
- Smart watches

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, the MEMS packaging industry is constantly evolving. The need to reduce packaging size and integrate nine-axis sensors in a single package has increased. Also, it is very important for vendors to achieve standardization in packaging because of the increase in unit shipments of MEMS sensors. Although it is difficult to achieve because of rapid advances in technology in consumer electronic devices, certain vendors are trying to achieve standardization in packaging materials for various sensors.

Further, the report states that low awareness of potential uses of wearable devices is hindering the market growth.

Global Motion Sensor Market for Wearables 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Motion Sensor Market for Wearables: Bosch Sensortec, Freescale Semiconductor (acquired by NXP in December 2015), InvenSense, Kionix, MEMSIC, and STMicroelectronics.

Market driver
- Advanced MEMS packaging
- For a full, detailed list, view our report

Market challenge
- Low awareness of potential uses of wearable devices
- For a full, detailed list, view our report

Market trend
- Strategic partnerships among supply chain members
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 56 pages and 27 Exhibit "Global Motion Sensor Market for Wearables 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Summary of key figures, Market segmentation by sensor type, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-motion-sensor-market-wearables-2016-2020

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Market Research Reports, Inc.
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http://www.marketresearchreports.com/technavio/global-motion-sensor-market-wearables-2016-2020

View this press release online at: http://rwire.com/682845