London, 01 August 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Consumer Motion Sensors Market, which is expected to post a CAGR of 14.5 percent during the forecast period of 2014-2018.
Consumer motion sensors are devices integrated in consumer electronics such as cellphones, tablets, gaming consoles, laptops, and cameras. In consumer electronics, motion sensors are used in many applications, and are especially important for the provision of location-based services.
Key Market Drivers
- Rise in Smartphone and Tablet Sales
- Purchase of Wearable Electronics
- Demand for Motion Interface
Key Market Trends
- Emerging Market for Combo Motion Sensors
- Demand for Fitness Monitoring Devices
- Emerging Motion Sensor Applications for Interactive Smart TV
“The growing popularity of combo motion sensors among end-users is one of the major emerging trends in the market,” says Faisal Ghaus, Vice President of TechNavio.
“Combo sensors combine the functions of different motion sensors in one chip without compromising the performance of the device. This reduces the space needed on circuit boards, which is important to consumer electronics device manufacturers.”
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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