Packaged Substation Market Analysis, Segments, Trends and Forecasts To 2020: Grand View Research, Inc
Increased adoption in commercial and household applications such as security, automated lighting control, and home control is expected to have a positive bearing on the motion sensors market growth. Motion sensors involve use of technologies such as microwave, ultrasonic, Passive Infrared (PIR), topographic and video camera detection. Proliferation of smartphones, tablets and wearable devices is expected to drive motion sensors market growth owing to the growing demand for motion-enabled mobile gaming.
However, availability of low-cost alternatives such as accelerometers may restrain market growth. Emerging applications in medical equipment, aerospace and military devices, and industrial machinery is expected to offer favorably growth opportunity for the market growth.
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Motion sensors find application in consumer electronics devices such as smartphones, tablet PCs, video cameras, and fitness equipment which are used in residential, private offices, educational institutes, gymnasiums or warehouses. Automotive applications of motion sensors include driver monitoring systems, GPS navigation systems, rollover detection, and airbag deployment systems. Additionally, these sensors find use in industrial, healthcare, aerospace & defense sectors.
The market is still in its early growth phase, and is expected to gain momentum over the forecast period with increasing application in motion gaming, pressure and temperature sensing and related applications.
Asia Pacific is expected to witness high growth over the forecast period due to the presence of a large number of consumer electronics manufacturers in the region. Recent development of 6-axis Inertial Measurement Units (IMUs) and 9-axis IMUs have gained significant popularity in the consumer electronics market, thereby resulting in increasing applications avenues.
Key players in the motion sensors market include Bosch Sensortec, Sony Corp, Texas Instruments, Synaptics, 3M Touch Systems, Analog Devices, Microchip Technology, and STMicroelectronics.View more at: http://www.grandviewresearch.com/industry-analysis/packaged-substation-market
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