LAMEA Motion Sensors Market

LAMEA Motion Sensors Market Size, Share & Trends Analysis Report By Technology (Infrared, Dual Technology, Microwave, Ultrasonic, Tomographic and Others), By Application, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-20882 Publication Date: March-2024 Number of Pages: 148
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Analysis of Market Size & Trends

The Latin America, Middle East and Africa Motion Sensors Market would witness market growth of 10.0% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 27,004.4 thousand units, showcasing a growth of 11.5% (2023-2030).

Advancements in motion-sensing technologies have given rise to 3D motion sensing and gesture recognition capabilities. This allows for more nuanced and sophisticated interactions with devices and systems. In gaming consoles, for example, 3D motion sensing enables users to control gameplay through natural gestures, providing an immersive and intuitive gaming experience.

Additionally, energy efficiency has emerged as a critical motion sensor design and implementation factor. The advent of energy harvesting solutions, such as kinetic energy harvesting and solar-powered sensors, addresses the power consumption challenges associated with traditional motion sensors. This trend corresponds with the increasing focus on sustainability and advancing environmentally favorable technologies.

As per the data from the Government of Canada, the Brazilian game industry is the largest in Latin America and the 10th largest in the world, generating over $3 billion CAD in 2021 (on track for $4.3 billion CAD in 2022). Mobile gaming represents nearly 50% of the industry, followed by consoles (29%) and PC (24%). The industry is fast growing, with the number of studios tripling between 2018 and 2022.

The Brazil market dominated the LAMEA Motion Sensors Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $285.8 Million by 2030. The Argentina market is showcasing a CAGR of 10.6% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.7% during (2023 - 2030).

Free Valuable Insights: The Worldwide Motion Sensors Market is Projected to reach USD 13.4 Billion by 2030, at a CAGR of 8.2%

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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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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.

LAMEA Motion Sensors Market Report Segmentation

By Technology (Volume, Thousand Units, USD Billion, 2019-2030)

  • Infrared
  • Dual Technology
  • Microwave
  • Ultrasonic
  • Tomographic
  • Others

By Application (Volume, Thousand Units, USD Billion, 2019-2030)

  • Consumer Electronics
  • Automotive
  • Aerospace & Defense
  • Healthcare
  • Industrial
  • Others

By Country (Volume, Thousand Units, USD Billion, 2019-2030)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
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