Global Motion Sensors Market Future Discussed in Most Recent Report Published at MarketPublishers.com09 Apr 2012 • by Natalie Aster
LONDON – The global motion sensors market has gained force in the last couple of years. With the number of innovations taking place in the technology of motion sensors product lines and its usages, the market is expected to grow from about USD 1.6 billion in 2010 to near USD 4.8 billion by 2016-end with a projected CAGR of 21.8%. The largest market share is presently held by consumer electronic & automotive devices, which have been significantly increasing due to growth in smartphones & tablets and various advanced automotive applications, upsurge in number of corporate buyers, and rise in application related motion sensing technology.
North America and Europe are reaching the maturity stage, while APAC and ROW both are considered as a high growth markets. In 2010, APAC accounted for about 38.7% of the global sales and is expected to grow at 22.1% CAGR over the duration 2011-2016, with North America contributing only USD 494.5 million and expected to grow at 20.3% CAGR through 2016.
New research report “Motion Sensors Market, Global Forecast & Analysis (2011 - 2016) by Technology, Application Types & Products” worked out by MarketsandMarkets has been recently published by Market Publishers Ltd.
Motion Sensors Market, Global Forecast & Analysis (2011 - 2016) by Technology, Application Types & Products
Published: April, 2012
Price: US$ 4.650,00
The report offers a comprehensive guide the worldwide motion sensors market, categorizing it on the basis of products, technology, application and geography. To contribute to a better understanding of the sector, the study gives true and unprejudiced insights into key market drivers, restraints & challenges, and major trends. Market tables for covering the sub-segments and micro-markets are included. Furthermore, the competitive outlook and more than 20 company profiles covering all the sub-segments are also provided.
More new research reports by the publisher can be found at MarketsandMarkets page.