Motion Sensor Market for Wearables

“Global Motion Sensor Market for Wearables: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the motion sensor market for wearables by product (Accelerometers,  Magnetometers,  Inertial Sensors,  Motion Sensors,  Others), by application (Wristwear, Neck Wear, Eyewear, Footwear, Bodywear, Others); and by geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The report also analyses the competitive structure of the motion sensor industry and provides the profiles of major players operating in the market. Some of these include Freescale Semiconductor, InvenSense, Kionix, MEMSIC, and STMicroelectronics. A motion sensor, or motion detector, refers to an electronic device that detects and captures physical or kinetic movements within an environment in real-time. It is increasingly being incorporated in lighting control systems, home control systems, automatic doors, intruder alarms, hand dryers, gaming consoles, smartphones, and tablets. 

The global motion sensor market is primarily driven by the rising demand for security systems in residential and commercial spaces. This is due to the increasing number of theft and robbery cases across the globe. Moreover, rapid urbanization and increasing disposable incomes have escalated the demand for automated devices, such as doors, faucets, and hand dryers, which is further anticipated to impact the market growth. Furthermore, the widespread adoption of automation and the Internet of Things (IoT), and the growing demand for wearable electronics and automated vehicles are some of the other factors driving the industry growth.

Beginning with a global overview, the report explores the dynamics that have a strong influence on the motion sensor market for wearables and can also impact its future growth. Taking 2021 as the base year, the report covers historical market scenarios from 2016-2021 and provides forecasts till 2027. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analyzed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the motion sensor market for wearables in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each of these regions, the report studies the motion sensor market for wearables in detail for the latest trends, outlook,s and opportunities. 

Segmentation by Products:

• Accelerometers 
• Magnetometers 
• Inertial Sensors 
• Motion Sensors 
• Others

Segmentation by Application:

• Wristwear
• Neck Wear
• Eyewear
• Footwear
• Bodywear
• Others

Segmentation by Region:

• Asia-Pacific
• Europe
• Latin America
• North America
• Middle East & Africa

Competitive Landscape:

• STMicroelectronics
• MEMSIC
• Kionix
• InvenSense
• Freescale Semiconductor

The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the motion sensor industry along with the parameters of the porter’s five forces model. This model examines the degree of competition in the motion sensor industry by analyzing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. Swot analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the motion sensor industry. Furthermore, the value chain analysis of the motion sensor industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing and sales of the products, and their distribution.

Highlights of The Motion Sensor Market for Wearables

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the motion sensor industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analyzed and presented in the form of easily comprehensible charts, graphs, and tables.