The Latin American Motion Sensor market report defines and segments the concerned market in Latin America with analysis and forecast of revenue. This market was valued $56.6 million in 2013, and is expected to reach $201.4 million by 2018, at a CAGR of 28.9% from 2013 to 2018.

Browse through the TOC of the Latin American Motion Sensor market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation of motion sensor market, and is supported by various tables and figures.
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Latin America is an emerging market for motion sensor, due to low manufacturing cost, cheap labor, and presence of Original Equipment Manufacturers (OEMs). Countries contributing towards Latin American motion sensor market are Brazil and Argentina. This enables the motion sensor manufacturers to develop their business in these regions. In 2013, Brazil accounted approximately 60% of the total Latin American market share in terms of revenue generated by motions sensors. Brazil is expected to grow at a faster pace than Argentina, and will continue to remain the largest market for motion sensors in Latin America during the forecast period.
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