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Motion Control Sensor Market is anticipated to witness healthy growth during 2024 and 2032, due to the rising application scope of motion sensors in smart lighting appliances.
In May 2023, WiZ introduced a novel home monitoring feature utilizing its smart lighting technology, specifically the motion-sensing Wi-Fi smart bulbs. With the integration of a new $70 indoor security camera, WiZ Home Monitoring has the capability to notify users about potential intrusions into their homes.
These sensors activate the luminaires whenever there is movement in interior and exterior passage areas, resulting in more energy savings. Furthermore, their capability to reduce unauthorized access to restricted grounds, thus preventing theft and burglary on commercial properties, will also boost industry growth.
The increasing demand for gesture recognition technology in consumer electronics, in consort with adoption of motion sensors in robotics for automation and navigation are influencing the market growth. The increasing use of virtual reality (VR) and augmented reality (AR) across various applications along with rising integration of motion sensors in healthcare devices for monitoring and rehabilitation purposes are shaping the market outlook.
Based on technology, the infrared sensors segment is anticipated to generate notable revenues by 2032. Infrared sensors comprising both active and passive sensors monitor changes in heat levels in surrounding objects to sense motion. The extensive utilization of passive infrared sensors in a range of security, thermal sensing, motion detection, and automatic lighting applications will significantly augment product sales.
The consumer electronics application segment is expected to account for a modest share of the motion control sensor market by 2032, given the favorable business landscape backed by the flourishing work-from-home trend. According to a Care Ratings report, consumer electronics and appliance production was predicted to rise by an estimated 5%-8% in the fiscal year 2022. This factor could stimulate the requirement for motion control sensors for home automation. Additionally, the rising development of mobile health monitoring apps will inflate the need for different motion control sensors, given their ability to measure the walking movements of individuals.
North America motion control sensor market is poised to depict a notable CAGR from 2024 to 2032 credited to the increasing sales of cars in the U.S. There is significant deployment of motion sensors in vehicles to detect motion and other abnormal behavior to trigger the alarm. High spending on industrial robots to enhance operations across production lines will further bolster the deployment of sensors in order to enhance efficiency & productivity. These factors will create lucrative opportunities for the industry players in the region.
Some key players operating in the market are:
These companies are implementing numerous strategies such as new product launches, mergers & acquisitions, and business expansions to strengthen their footprint across the global market.