About MEMS Gyroscopes
Microelectromechanical system (MEMS) Gyroscope is a silicon device used to detect a change in orientation and angular velocity. The small size, low cost and low power consumption features of the device makes it suitable for applications like mobile phones, video games, notebook PCs, etc. MEMS Gyroscope provides high accuracy with GPS systems, and hence it is used for military purposes, missiles, and aircraft. The market for MEMS Gyroscope is expected to accelerate owing to extensive use of motion sensors in mobile phones, roll over detection in high-end cars, accurate GPS functioning for defense purposes.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the MEMS Gyroscopes market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for MEMS Gyroscopes Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global MEMS Gyroscopes market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Analog Devices Inc. (United States), Bosch Sensortec Gmbh (Germany), Tdk Corporation (United States), Stmicroelectronics N.V. (Switzerland), Murata Manufacturing (Japan), Asc Gmbh (Germany), Dts - Diversified Technical Systems (United States), Epson Europe Electronics Gmbh (Germany), Fraba Group (United States) and Etlg Inertial Aerosystems (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Honeywell Sensing and Internet of Things (United Kingdom), Innalabs Ltd (Ireland), Jewell Instruments (United States), Lord Microstrain Sensing Systems (United States), Melexis (Belgium), Pcb Piezotronics, Inc. (United States), Pewatron Ag (Switzerland), Sensonor As (Norway), Variohm Holdings (United Kingdom), Xsens Technologies B.V. (Netherlands) and Silicon Sensing Systems Ltd (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global MEMS Gyroscopes market by Type (Vibrating wheel gyroscopes, Tuning fork gyroscopes, Foucault pendulum gyroscopes and Wine glass resonator gyroscopes), Application (Aerospace and Defence, Consumer Electronics, Robotics, Healthcare and Automotive) and Region.
On the basis of geography, the market of MEMS Gyroscopes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Recent Trends Include High Vibration and Shock Immunity, and Temperature Sensitivity Control
Market Growth Drivers:
Extremely space sufficient and accurate, hence used in electronic circuits and Provides High Accuracy with GPS System, Hence Widely Used For Navigation
Challenges:
Complex Design of Device and Sensitive to Fabrication
Opportunities:
Increasing Usage of Motion Sensors in Smart Phones and Technological Advancements in Automobile Industry
Market Leaders and their expansionary development strategies
In December 2021, Inertial Labs Announced the Acquisition of MEMSENSE, a Global Supplier for MEMS-Based (IMU). Inertial Labs, an industry-leading developer and supplier of orientation, inertial navigation, and optically enhanced sensor modules, has acquired MEMSENSE, a developer of inertial measurement units that lead the market in performance and value.
In November 2022, TDK Corporation extends the SmartAutomotive line of ASIL and non-ASIL motion sensors and announced the availability of InvenSense IAM-20380HT high temperature automotive monolithic 3-axis MotionTracking sensor platform solution for non-safety automotive applications, which includes the IAM-20380HT 3-axis MEMS gyroscope and the DK-20380HT developer kit.
IPC has published standards for many steps of the printed circuit manufacturing and assembly process, building from a foundation of solid design up to final acceptance. From design and purchasing to assembly and acceptance, IPC offers a standard to help assure superior quality, reliability and consistency in the electronic assemblies.
Key Target Audience
MEMS Gyroscope Manufacturer, Distributor and Supplier, Raw Material Supplier, Research Companies, Traders/Distributors/Suppliers and End-User
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.