The North America Motion Sensors Market would witness market growth of 8.0% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 54948.6 thousand units, showcasing a growth of 7.9% (2019-2022).
The motion sensors market has emerged as a dynamic and rapidly evolving sector at the forefront of technological innovation. Motion sensors are instrumental in detecting movement within a specified environment and converting this information into actionable data.
Additionally, over the years, the market has witnessed significant growth, fueled by the increasing adoption of smart technologies, the proliferation of Internet of Things (IoT) devices, and a growing emphasis on enhancing safety and efficiency across various industries.
Moreover, Canada's rising healthcare sector is poised to impact the expansion of motion sensors within the country substantially. The integration of motion sensor technologies presents a variety of applications that contribute to enhanced patient care, improved diagnostics, and increased operational efficiency as the healthcare environment evolves. As per the Government of Canada data, on February 7, 2023, the Government invested over $198 billion to help improve the healthcare system. Thus, the growing automotive and healthcare sectors in North America will assist in expanding the regional motion sensors market.
The US market dominated the North America Others Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $237.9 Million by 2030.The Canada market is experiencing a CAGR of 11.5% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 10.7% during (2023 - 2030).
Based on Technology, the market is segmented into Infrared, Dual Technology, Microwave, Ultrasonic, Tomographic and Others. Based on Application, the market is segmented into Consumer Electronics, Automotive, Aerospace & Defense, Healthcare, Industrial and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The motion sensors market has emerged as a dynamic and rapidly evolving sector at the forefront of technological innovation. Motion sensors are instrumental in detecting movement within a specified environment and converting this information into actionable data.
Additionally, over the years, the market has witnessed significant growth, fueled by the increasing adoption of smart technologies, the proliferation of Internet of Things (IoT) devices, and a growing emphasis on enhancing safety and efficiency across various industries.
Moreover, Canada's rising healthcare sector is poised to impact the expansion of motion sensors within the country substantially. The integration of motion sensor technologies presents a variety of applications that contribute to enhanced patient care, improved diagnostics, and increased operational efficiency as the healthcare environment evolves. As per the Government of Canada data, on February 7, 2023, the Government invested over $198 billion to help improve the healthcare system. Thus, the growing automotive and healthcare sectors in North America will assist in expanding the regional motion sensors market.
The US market dominated the North America Others Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $237.9 Million by 2030.The Canada market is experiencing a CAGR of 11.5% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 10.7% during (2023 - 2030).
Based on Technology, the market is segmented into Infrared, Dual Technology, Microwave, Ultrasonic, Tomographic and Others. Based on Application, the market is segmented into Consumer Electronics, Automotive, Aerospace & Defense, Healthcare, Industrial and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- TDK Corporation
- MEMSIC Semiconductor Co., Ltd. (IDG Capital Investment Consultant Beijing Co Ltd.)
- Bosch Sensortec
- Murata Manufacturing Co., Ltd.
- Honeywell International, Inc.
- Analog Devices, Inc.
- Microchip Technology Incorporated
- STMicroelectronics N.V.
- NXP Semiconductors N.V.
- TE Connectivity Ltd.
Market Report Segmentation
By Technology (Volume, Thousand Units, USD Billion, 2019-2030)- Infrared
- Dual Technology
- Microwave
- Ultrasonic
- Tomographic
- Others
- Consumer Electronics
- Automotive
- Aerospace & Defense
- Healthcare
- Industrial
- Others
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Motion Sensors Market by Technology
Chapter 6. North America Motion Sensors Market by Application
Chapter 7. North America Motion Sensors Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- TDK Corporation
- MEMSIC Semiconductor Co., Ltd. (IDG Capital Investment Consultant Beijing Co Ltd.)
- Bosch Sensortec
- Murata Manufacturing Co., Ltd.
- Honeywell International, Inc.
- Analog Devices, Inc.
- Microchip Technology Incorporated
- STMicroelectronics N.V.
- NXP Semiconductors N.V.
- TE Connectivity Ltd.
Methodology
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