Video compression is the process of reducing the amount of data required to represent digital video while preserving an acceptable video quality. Recent studies on video compression have focused on multimedia transmission, videophones, teleconferencing, high definition television, CD-ROM storage, etc. The idea of compression techniques is to remove the redundant information that exists in the video sequences. Motion compensation predictive coding is the main coding tool for removing temporal redundancy of video sequences and it typically accounts for 50-80% of video encoding complexity. This technique has been adopted by all of the existing