Wiseguyreports.com analyst predicts motion sensor market for wearables will show tremendous growth to CAGR of more than 26% over the forecast period.

PUNE, INDIA, April 12, 2016 /EINPresswire.com/ -- Outlook of the global motion sensor market for wearables
The global motion sensor market for wearables will show tremendous growth over the forecast period and is anticipated to post a steady CAGR of more than 26% during the forecast period. The augmented demand and adoption of wearable lifestyle devices are expected to drive the growth prospects of this market during the forecast period. Consumers are using wearable devices to monitor daily fitness and health activities, listen to music, and play virtual games. Moreover, wearable device manufacturers have made substantial investments in R&D to promote the development of innovative products. Furthermore, many of these wearables can be used to control smart devices such as cell phones, tablets, and smart home appliances. Wearable smart devices require micro-electro-mechanical systems (MEMs) motion sensors to perform the required functions. Therefore, the increasing demand for smart wearables will aid in the growth of this market as smart wearables come integrated with motion sensors.

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Comprehensive market research carried out by the analysts at Technavio has shown that the market for motion sensors for wearables will be positively affected by the demand for combo MEMS sensors. For instance, vendors such as InvenSense and STMicroelectronics have developed dyes that can integrate both accelerometers and gyroscopes. In such sensors, two or more discrete sensors, such as accelerometers, gyroscopes, and magnetometers, are fused together to enhance efficiency. Also, these sensors take up less space so they can be embedded into a single system easily. Also, integrating data from multiple sensors eliminates the deficiency of individual sensors when calculating position and orientation information accurately. Moreover, vendors can produce combo sensors at lower costs than discrete sensors which will spur the growth prospects of this market during the forecast period.

Application-based segmentation and analysis of the motion sensor market for wearables
-Smart watches
-Smart bands
-Smart clothing
-Smart glasses

In this market research report, analysts have estimated the smart watches segment to be the largest market segment during the forecast period and accounted more than 57% of the market share during 2015. The introduction of low-cost smart watches, such as Asus ZenWatch 2, along with the rise in adoption of smart bands will result in this market segment’s impressive growth by 2020.

Geographical segmentation and analysis of the motion sensor market for wearables
-Americas
-APAC
-EMEA

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During 2015, the Americas dominated the motion sensors for wearables market and is anticipated to retain its dominating hold over the market during the predicted period. The presence of large vendors like Apple, Fitbit, and Pebble in this region will also aid in the growth of this market in the Americas by the end of the forecast period. The market share for motion sensors for wearables will surpass 61% by the end of 2020.

Competitive landscape and key vendors
The motion sensor market for wearables is still in the nascent stage and is dominated by a few large vendors. This competition will also bring about significant technological changes, as all the big vendors are investing in R&D to differentiate their products.

Top vendors in the market are –
-Bosch Sensortec
-Freescale Semiconductor
-InvenSense
-Kionix
-MEMSIC
-STMicroelectronics

List of Exhibits
Exhibit 01: Key regions
Exhibit 02: Key vendors in global motion sensor market for wearables
Exhibit 03: Currency conversion rates
Exhibit 04: Global motion sensor market for wearables (millions of units)
Exhibit 05: Global motion sensor market for wearables ($ millions)
Exhibit 06: Five forces analysis
Exhibit 07: Global motion sensor market for wearables by sensor type 2015
Exhibit 08: Global motion sensor market for wearables 2015-2020
Exhibit 09: Global motion sensor market for wearables by application 2015
Exhibit 10: Global motion sensor market for wearables by applications 2015-2020
Exhibit 11: Global motion sensor market for smart watches 2015-2020 (millions of units)
Exhibit 12: ASP of smart watches
Exhibit 13: Global motion sensor market for smart bands 2015-2020 (millions of units)
Exhibit 14: Global motion sensor market for smart clothing 2015-2020 (millions of units)
Exhibit 15: Global motion sensor market for smart glasses 2015-2020 (millions of units)
Exhibit 16: Global motion sensor market for wearables by geography 2015
Exhibit 17: Global motion sensor market for wearables 2015-2020
Exhibit 18: Global motion sensors market for wearables in Americas 2015-2020 ( millions of units)
Exhibit 19: Major wearable device manufacturers and their headquarters
Exhibit 20: Global motion sensor market for wearables in APAC 2015-2020 (millions of unit)
Exhibit 21: Major wearable device manufacturers and their headquarters
Exhibit 22: Global motion sensor market for wearables in EMEA 2015-2020 (millions of unit)
Exhibit 23: Percentage of activity-monitoring device owners by age in US 2015
Exhibit 24: Impact of drivers
Exhibit 25: Impact of drivers and challenges
Exhibit 26: ASP of combo sensors (accelerometer plus gyroscope)
Exhibit 27: Competitive scenario

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Norah Trent
WiseGuy Research Consultants Pvt. Ltd.
16468459349
email us here

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