June 13, 2022 10:30 ET | Source: Transparency Market Research Transparency Market Research
Albany, New York, UNITED STATES
Wilmington, Delaware, United States, June 13, 2022 (GLOBE NEWSWIRE) -- The motion sensor market is projected to register a CAGR of 7.2% for the forecast period from 2022 to 2031. Increasing applications of motion sensors in the automotive industry is creating ample growth opportunities in the motion sensor market. Emerging technology roadmap of motion sensors in airbag deployment systems, advanced driver assistance systems, and safety of new-age vehicles is anticipated to open lucrative avenues in the motion sensor market.
Exponential demand for motion sensors in AR, VR, and MR for entertainment, fitness, industrial control, and smart homes among others for applications such as 3D cinema headsets, virtual car showrooms, visualization of construction projects, smart wearables, gaming devices, and robots stimulates the motion sensor market.
Europe held a key share of the motion sensor market in the recent past and is anticipated to stay at the fore during the forecast period. Extensive applications of motion sensors in consumer electronics underscores growth of motion sensor market in the region.
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Motion Sensor Market – Key findings of the Report
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Motion Sensor Market – Growth Drivers
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Motion Sensor Market – Key Players
Some of the key players operating in the motion sensor market are;
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The motion sensor market is segmented as follows;
Motion Sensor Market, by Product Type
Motion Sensor Market, by Technology
Motion Sensor Market, by Application
Motion Sensor Market, by End-use Industry
Motion Sensor Market, by Region
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