Global Gyroscopes Market to Reach $6.2 Billion by 2030
The global market for Gyroscopes estimated at US$4.5 Billion in the year 2022, is projected to reach a revised size of US$6.2 Billion by 2030, growing at a CAGR of 4% over the analysis period 2022-2030. MEMS, one of the segments analyzed in the report, is projected to record a 4.9% CAGR and reach US$1.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fiber Optic segment is readjusted to a revised 4.2% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 6.9% CAGR
The Gyroscopes market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 6.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 3.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$820 Million by the year 2030.Select Competitors (Total 19 Featured) -
- Analog Devices Inc.
- Epson America Inc
- Honeywell International Inc
- InnaLabs.
- MEMSIC, Inc.
- MicroStrain, Inc.
- Murata Electronics Oy
- Murata Manufacturing Co Ltd
- NXP Semiconductor
- Robert Bosch GmbH
- Silicon Sensing Systems Limited
- STMicroelectronics
- STMicroelectronics N.V.
- Systron Donner Inertial
- TDK Corporation
- Trimble Inc.
- Trimble Navigation Ltd
- Vectornav Technologies LLC
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Analog Devices Inc.
- Epson America Inc
- Honeywell International Inc
- InnaLabs.
- MEMSIC, Inc.
- MicroStrain, Inc.
- Murata Electronics Oy
- Murata Manufacturing Co Ltd
- NXP Semiconductor
- Robert Bosch GmbH
- Silicon Sensing Systems Limited
- STMicroelectronics
- STMicroelectronics N.V.
- Systron Donner Inertial
- TDK Corporation
- Trimble Inc.
- Trimble Navigation Ltd
- Vectornav Technologies LLC
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 82 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 4.5 Billion |
Forecasted Market Value ( USD | $ 6.2 Billion |
Compound Annual Growth Rate | 4.1% |
Regions Covered | Global |