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Accelerometer and Gyroscope Market by Accelerometer Type, Gyroscope Type, Dimension, Application And Geography - Global Forecast to 2022

Accelerometer and Gyroscope Market: Global Forecast until 2022

  • December 2016
  • 170 pages
  • ID: 4477047
In this report:
In 2015, the gyroscope market for the low-end application type registered a shipment of ##.## million units and is expected to decline to ##.## million units by 2022, at a CAGR of (##.##%) between 2016 and 2022.
In 2015, the accelerometer market for the low-end application type registered a shipment of ##,##.## million units and is expected to decline to ##,##.## million units by 2022, at a CAGR of (##.##%) between 2016 and 2022.


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The high-end accelerometer and gyroscope market rise is directly linked with the growing defense expenditure globally

The accelerometer and gyroscope market is forecasted to reach ~$3.5B by 2022. The high-end accelerometer and gyroscope market is anticipated to rise at a compound annual growth rate (CAGR) of 3.80 percent between 2016 and 2022, to attain ~$2.1B by 2022 from ~$1.6B in 2015. This increase can be accredited to the rising defense expenditure globally due to the increasing demand for equipment optimized with different intelligent sensors for navigation, satellite antenna positioning, and other applications.

MEMS accelerometers and gyroscopes are anticipated to be the quickest-increasing types for the high-end application market during the estimate period

The MEMS accelerometer and gyroscope market for the high-end applications is anticipated to grow at the maximal rate between 2016 and 2022.This is primarily due to the increasing deployment of these sensors in remotely operated vehicles, aerospace, and industrial and defense markets.

As a result of their benefits of low cost, small size, and high power efficiency, MEMS accelerometers are increasingly replacing traditional accelerometers in these applications.

Asia-Pacific would be the most important shareholder of the accelerometer and gyroscope market during the outlook period

The global accelerometer and gyroscope market in the Asia-Pac regions recorded for the biggest share of around 36.00 percent of the overall market in 2015. Given the emergence of APAC as the manufacturing hub for low-end application markets including automotive and consumer electronics, which are the main contributors to the accelerometer and gyroscope market, the Asia-Pacific regions is in the leading position in this sector. The whole Americas is the second-largest area for the accelerometer and gyroscope market. The increasing industrial and home automation, the adoption of emerging applications including augmented and virtual reality and IoT, and the huge defense expenditure by the U.S. government act as the drivers for this industry.

The breakup of primaries conducted during the market research is depicted in below.

• By Company category: Tier 1 - 55.0 percent, Tier 2 - 20.0 percent, and Tier 3 - 25.0 percent

• By Description: C-suite executives - 50.0 percent, Directors - 25.0 percent, and Managers - 25.0 percent

• By Area: Americas - 60.0 percent, Europe (EU) - 20.0 percent, Asia-Pac - 10.0 percent, and rest of the world - 10.0 percent

Some of the main players in the accelerometer and gyroscope market contain Analog Devices Inc., Colibrys Ltd., Fizoptika Corp., Honeywell (NYSE:HON), InnaLabs, InvenSense, Incorporated, Kionix, Incorporated, KVH Sectors, Incorporated, Murata Manufacturing Co., Limited, Northrop Grumman LITEF GmbH, NXP Semiconductors (NASDAQ:NXPI), Robert Bosch (RBOS), Sensonsor AS, STMicroelectronics (NYSE:STM), and Systron Donner Inertial, among others.

Elements such as the increasing demand for wearable electronics, commercialization of IoT, introduction of advanced consumer applications including augmented and virtual reality, increasing demand for unmanned and remotely operated autonomous vehicles, and the growth in fleet size in commercial aviation are anticipated to generate alternatives for this sector in the upcoming future.

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