Motion Detectors Market Forecast 2023

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Portland, OR — (SBWIRE) — 09/08/2017 — Motion detectors are devices that sense or detect motion of any non-living or living objects within their range. These detectors are dynamic components present in smart floodlights, automated lighting control, and home control & security systems. These devices are energy- and time-saving and easy to install. Motion detectors are not only used in information and technology business applications, but also in day-to-day activities in household and other settings.

Rise in application of motion detectors in smartphones and tablets; and growth in demand for these detectors in virtual gaming & entertainment, automotive, and healthcare industries drive the market growth. Motion-controlled video games also employ these detectors to sense activities. Motion sensors are used in several automobile applications, which range from advanced driver assistance systems (ADAS), airbag deployment systems, and security. Rise in demand for high-end MEMS accelerometers in industrial and defense applications, such as structural health monitoring for bridges, and inertial measurement units for navigation and oil exploration, is expected to boost the market in the future. However, high cost of detectors and advent of inexpensive, low-quality detectors may hinder the growth. The advancements in technology and various innovations in motion detectors along with their increasing applications present various opportunities for market expansion.

The key players profiled in the report include ST Microelectronics, Murata Manufacturing Co. Ltd., Honeywell International, Inc., Freescale Semiconductor, Ltd., Analog Devices, Inc., Microchip Technology, Inc., Invensense, Inc., Bosch Sensortec GmbH, Memsic Inc., and Kionix Inc.

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Key Benefits:

-The study provides an in-depth analysis of the global motion detectors market with current and future trends to elucidate the imminent investment pockets.

-Current and future estimations are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market.

-The report provides information regarding key drivers, restraints, and opportunities.

-Quantitative analysis of the market from 2017 to 2023 is provided to showcase the financial competency of the market.

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