Global accelerometer and gyroscope market is projected to witness a CAGR of 4.26% during the forecast period to reach a total market size of US$4.360 billion by 2023, increasing from US$3.395 billion in 2017. The accelerometer and gyroscope are electromechanical devices which are used to determine and analyze the acceleration and orientation of an object respectively. They can be used individually as well as in combination to generate a robust array of information. Such devices are used extensively used in automobiles and consumer electronics industries. The global accelerometer and gyroscope market is being significantly driven by the expansion of automobile industry and consumer electronics on account of rising purchasing power and technological advancements. However, the low precision level of such devices restrains the market growth to some extent. Geographically, Asia Pacific region drives the global demand for accelerometers and gyroscopes owing to rising middle class population and expanding urbanization which are leading to growth of end-use industries.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the value chain of the global accelerometer and gyroscope market. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.
Major industry players profiled as part of the report are NXP Semiconductor, Northrop Grumman Corporation, Analog Devices, Inc., Robert Bosch GmbH, Honeywell International, Inc., and PCB Piezotronics among others.
Segmentation:
The global accelerometer and gyroscope market has been analyzed through following segments:
By Type
Piezoelectric Accelerometer
MEMS Accelerometer
Fiber- Optic Gyroscope
MEMS Gyroscope
Ring Layer Gyroscope
By End User Industry
By Geography
North America
Europe
Middle East and Africa
Asia Pacific
Australia
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the value chain of the global accelerometer and gyroscope market. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.
Major industry players profiled as part of the report are NXP Semiconductor, Northrop Grumman Corporation, Analog Devices, Inc., Robert Bosch GmbH, Honeywell International, Inc., and PCB Piezotronics among others.
Segmentation:
The global accelerometer and gyroscope market has been analyzed through following segments:
By Type
- Accelerometers
Piezoelectric Accelerometer
MEMS Accelerometer
- Others
- Gyroscope
Fiber- Optic Gyroscope
MEMS Gyroscope
Ring Layer Gyroscope
By End User Industry
- Automotive
- Aerospace and Defense
- Healthcare
- Electronics
By Geography
North America
- U.S.
- Canada
- Mexico
- Others
- South America
- Brazil
- Argentina
- Others
Europe
- United Kingdom
- Germany
- France
- Italy
- Others
Middle East and Africa
- United Arab Emirates
- Israel
- Saudi Arabia
- Others
Asia Pacific
- China
- Japan
- India
- South Korea
Australia
- Others
Table of Contents
1. Introduction
2. Research Methodology
4. Market dynamics
5. Global Accelerometer And Gyroscope Market By Type
6. Global Accelerometer and Gyroscope Market by End User
7. Global Accelerometer and Gyroscope Market by Geography
8. Competitive intelligence
9. Company profiles
Companies Mentioned
- Sensonor
- TDK-Invensense
- NXP Semiconductor
- Northrop Grumman Corporation
- Analog Devices, Inc.
- Robert Bosch GmbH
- Honeywell International, Inc.
- Kionix, Inc.
- Murata Manufacturing Co., Ltd.
- PCB Piezotronics
Methodology
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