What is the current Motion Sensor Market size?

The Motion Sensor Market is projected to register a CAGR of 6.5% during the forecast period (2024-2029) Read More

Who are the key players in Motion Sensor Market?

Murata Manufacturing Co. Ltd, Analog Devices Inc, NXP Semiconductor NV, TDK Corporation and Bosch Sensortec GmbH are the major companies operating in the Motion Sensor Market. Read More

Which is the fastest growing region in Motion Sensor Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Motion Sensor Market?

In 2024, the Asia Pacific accounts for the largest market share in Motion Sensor Market. Read More

What years does this Motion Sensor Market cover?

The report covers the Motion Sensor Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Motion Sensor Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Motion Sensor Market - Trends, Research & Size

Motion Sensor Industry Overview

The market is highly competitive due to the presence of many key players in this market. However, the market is moderately concentrated, and critical players in this market are following product innovation, mergers, and acquisitions strategy to gain a competitive advantage from other competitors. The key players in this market are Murata Manufacturing Co. Ltd, TDK Corporation, STMicroelectronics NV, NXP Semiconductor NV , etc.

May 2020: Murata Manufacturing Co. Ltd launched new MEMS (Micro-Electro-Mechanical Systems), which consists of six degrees of freedom, and it can be used for safety-critical automotive applications. According to the company's expectation, this new sensor enables centimeter-level accuracy regarding vehicle dynamics and position, which can be used in ADAS (Advanced Driver-Assistance Systems) systems.
August 2020: TDK corporation recently introduced InvenSense SmartBug, a compact, wireless multi-sensor solution that integrates TDK's six axes IMU with ultrasonic sensors, and high-precision algorithms. These sensors can be used in most of the commercial and consumer IoT applications.