Motion Sensor Market Share

Market Share of Motion Sensor Industry

The market is highly competitive due to the presence of many key players in this market. However, the market is moderately concentrated, and critical players in this market are following product innovation, mergers, and acquisitions strategy to gain a competitive advantage from other competitors. The key players in this market are Murata Manufacturing Co. Ltd, TDK Corporation, STMicroelectronics NV, NXP Semiconductor NV , etc.

• May 2020: Murata Manufacturing Co. Ltd launched new MEMS (Micro-Electro-Mechanical Systems), which consists of six degrees of freedom, and it can be used for safety-critical automotive applications. According to the company's expectation, this new sensor enables centimeter-level accuracy regarding vehicle dynamics and position, which can be used in ADAS (Advanced Driver-Assistance Systems) systems.
• August 2020: TDK corporation recently introduced InvenSense SmartBug, a compact, wireless multi-sensor solution that integrates TDK's six axes IMU with ultrasonic sensors, and high-precision algorithms. These sensors can be used in most of the commercial and consumer IoT applications.

Motion Sensor Market Leaders

1. Murata Manufacturing Co. Ltd

2. Analog Devices Inc

3. NXP Semiconductor NV

4. TDK Corporation

5. Bosch Sensortec GmbH

*Disclaimer: Major Players sorted in no particular order