How Are Environmental Concerns Propelling Motion Sensor Market?
The major reasons behind the advance of the motion sensor market are the increasing demand for consumer electronics and surging adoption of automobiles. As a result, from $4,430.7 million in 2019, the industry value will rise to $7,590.8 million by 2030, at a 5.1% CAGR during 2020u20132030 (forecast period). Such instruments detect nearby motion, either as part of a measurement system or automated industrial operation, or to alert users of a possible intrusion, when embedded in a perimeter security system.
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