Accelerometer and Gyroscope Trends and Forecast
The future of the global accelerometer and gyroscope market looks promising with opportunities in the consumer electronic, automotive, military, aerospace, and marine markets. The global accelerometer and gyroscope market is expected to reach an estimated $3.3 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are increasing demand for consumer electronics, expanding demand for precise and reliable motion sensing solutions, and growing adoption of IoT devices and industrial automation.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Accelerometer and Gyroscope by Segment
The study includes a forecast for the global accelerometer and gyroscope by type, axis type, application, and region.
Accelerometer and Gyroscope Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Gyroscope
• Accelerometer
Accelerometer and Gyroscope Market by Axis Type [Shipment Analysis by Value from 2018 to 2030]:
• Single Axis
• Three Axis
• Others
Accelerometer and Gyroscope Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Consumer Electronics
• Automotive
• Military
• Aerospace
• Marine
• Others
Accelerometer and Gyroscope Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Accelerometer and Gyroscope Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies accelerometer and gyroscope companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the accelerometer and gyroscope companies profiled in this report include-
• Analog Devices
• Bosch Sensortec
• InvenSense
• STMicroelectronics
• Murata Manufacturing
• KIONIX
• Honeywell
Accelerometer and Gyroscope Market Insights
Lucintel forecasts that gyroscope is expected to witness the highest growth over the forecast period.
Within this market, aerospace is expected to witness the highest growth over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Accelerometer and Gyroscope Market
Market Size Estimates: Accelerometer and gyroscope market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Accelerometer and gyroscope market size by type, axis type, application, and region in terms of value ($B).
Regional Analysis: Accelerometer and gyroscope market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, axis types, applications, and regions for the accelerometer and gyroscope market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the accelerometer and gyroscope market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the accelerometer and gyroscope market size?
Answer: The global accelerometer and gyroscope market is expected to reach an estimated $3.3 billion by 2030.
Q2. What is the growth forecast for accelerometer and gyroscope market?
Answer: The global accelerometer and gyroscope market is expected to grow with a CAGR of 4.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the accelerometer and gyroscope market?
Answer: The major drivers for this market are increasing demand for consumer electronics, expanding demand for precise and reliable motion sensing solutions, and growing adoption of IoT devices and industrial automation.
Q4. What are the major segments for accelerometer and gyroscope market?
Answer: The future of the accelerometer and gyroscope market looks promising with opportunities in the consumer electronic, automotive, military, aerospace, and marine markets.
Q5. Who are the key accelerometer and gyroscope market companies?
Answer: Some of the key accelerometer and gyroscope companies are as follows:
• Analog Devices
• Bosch Sensortec
• InvenSense
• STMicroelectronics
• Murata Manufacturing
• KIONIX
• Honeywell
Q6. Which accelerometer and gyroscope market segment will be the largest in future?
Answer: Lucintel forecasts that gyroscope is expected to witness the highest growth over the forecast period.
Q7. In accelerometer and gyroscope market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the accelerometer and gyroscope market by type (gyroscope and accelerometer ), axis type (single axis, three axis, and others), application (consumer electronics, automotive, military, aerospace, marine, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Accelerometer and Gyroscope Market, Accelerometer and Gyroscope Market Size, Accelerometer and Gyroscope Market Growth, Accelerometer and Gyroscope Market Analysis, Accelerometer and Gyroscope Market Report, Accelerometer and Gyroscope Market Share, Accelerometer and Gyroscope Market Trends, Accelerometer and Gyroscope Market Forecast, Accelerometer and Gyroscope Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.