Market Overview:
The global MEMS inertial sensors market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The increasing demand for miniaturized and low-power consuming devices is driving the growth of the MEMS inertial sensors market. Additionally, the growing demand for automotive safety features and consumer electronics are also propelling the growth of this market. The increasing adoption of MEMS inertial sensors in medical applications is also contributing to the growth of this market. However, high manufacturing costs and stringent regulatory norms are restraining the growth of this market. The global MEMS inertial sensors market can be segmented on the basis of type into accelerometers, gyroscopes, and magnetometers. On the basis of application,the global MEMS inertial sensorsmarket can be segmented into automotive safety features, consumer electronics, medical devices, industrial automation systems, and other applications such as unmanned aerial vehicles (UAVs) or drones). Among these regions,.,Additionally,.
Product Definition:
Micro-Electro-Mechanical Systems (MEMS) inertial sensors are used to measure linear and angular motion. They are used in a variety of applications, including automotive safety systems, navigation, and drones. MEMS inertial sensors have many advantages over other types of inertial sensors, including small size, low cost, and high reliability.
Accelerometers:
Accelerometers are devices that measure the rate of change of motion or acceleration. They are used in inertial sensors to measure orientation, movement and position of an object with respect to earth's gravity. Inertial measurement units (IMU) comprise a set of gyroscopes and accelerometers mounted on a single unit which can be used for measuring both static and dynamic angles. The global accelerometer market size was valued at USD 1,source: GVR analysis Inc.
Gyroscopes:
Gyroscopes are devices that measure the orientation of a device in terms of the rotation around an axis. Gyroscopes can be used in inertial sensors to provide stability and motion sensing capabilities. The gyroscope is one of the fundamental inertial sensors, which has led to its extensive use across consumer electronics, automotive & transportation, military & defense applications.
The global MEMS inertial sensor market was valued at USD 3.64 billion in 2015.
Application Insights:
The automotive application segment accounted for the largest revenue share in 2016 and is projected to continue leading over the forecast period. MEMS inertial sensors are used in various automotive applications such as electronic stability controls, power steering, rollover detection, and tire pressure monitoring systems. The increasing need for advanced safety features in vehicles is expected to drive their demand over the coming years.
Consumer electronics application segment was one of the fastest-growing segments with a CAGR of XX% from 2017 to 2030 owing to rising demand for compact devices that use inertial sensors for positioning and navigation purposes. In addition, growing preference towards wearable devices that utilize these sensors also contribute towards market growth during the forecast period. Industrial applications include aerospace & defense among other industries such as oil & gas where high accuracy is required on a daily basis due to hazardous environments or operations where human life depends upon accurate measurement results every time.
Regional Analysis:
North America dominated the market in terms of revenue share in 2016. The region is expected to continue its dominance over the forecast period owing to increasing investments and favorable government policies for developing advanced technologies. For instance, In 2014, the U.S Department of Defense (DoD) initiated a program calledâ€Small Business Technology Transfer Programâ€to transfer technology developed by small businesses owned by women into military applications thus creating more opportunities for MEMS inertial sensor manufacturers operating within the region as well as from outside it.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rapid industrialization and growing population especially in China and India which are major consumers of automotive electronics products such as airbags, seat belts, etc., thereby creating growth opportunities for this industry within Asia Pacific over next eight years or so till 2030 AD (Year After Date).
Growth Factors:
- Increasing demand for MEMS inertial sensors in automotive and aerospace applications
- Growing popularity of MEMS inertial sensors in consumer electronics
- Rising demand for miniaturized and low-power MEMS inertial sensors
- Proliferation of smartphones and tablets that require advanced motion sensing capabilities 5. Emergence of new applications such as gesture recognition, 3D mapping, and drones that are driving the growth of the MEMS inertial sensor market
Scope Of The Report
Report Attributes
Report Details
Report Title
MEMS Inertial Sensors Market Research Report
By Type
Accelerometers, Gyroscopes, Magnetometers
By Application
Automotive, Consumer Electronics, Medical, Industrial
By Companies
Asahi Kasei Microdevices, Robert Bosch, TDK, STMicroelectronics, Alps Electric, Analog Devices, NXP Semiconductors, Kionix, Memsic, Texas Instruments, Epson Electronics America, ON Semiconductor, Honeywell, Colibrys
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global MEMS Inertial Sensors Market Report Segments:
The global MEMS Inertial Sensors market is segmented on the basis of:
Types
Accelerometers, Gyroscopes, Magnetometers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Consumer Electronics, Medical, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Asahi Kasei Microdevices
- Robert Bosch
- TDK
- STMicroelectronics
- Alps Electric
- Analog Devices
- NXP Semiconductors
- Kionix
- Memsic
- Texas Instruments
- Epson Electronics America
- ON Semiconductor
- Honeywell
- Colibrys
Highlights of The MEMS Inertial Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Accelerometers
- Gyroscopes
- Magnetometers
- By Application:
- Automotive
- Consumer Electronics
- Medical
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the MEMS Inertial Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
MEMS inertial sensors are tiny, low-power sensors that can be used to measure motion and orientation. They are often found in devices like smartphones and smart watches, as well as in gaming controllers and other consumer electronics. MEMS inertial sensors typically use a three-axis accelerometer or gyroscope to detect movement and rotation, which can then be used to calculate the device's position, velocity, or orientation.
Some of the major players in the mems inertial sensors market are Asahi Kasei Microdevices, Robert Bosch, TDK, STMicroelectronics, Alps Electric, Analog Devices, NXP Semiconductors, Kionix, Memsic, Texas Instruments, Epson Electronics America, ON Semiconductor, Honeywell, Colibrys.
The mems inertial sensors market is expected to grow at a compound annual growth rate of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MEMS Inertial Sensors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 MEMS Inertial Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 MEMS Inertial Sensors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the MEMS Inertial Sensors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global MEMS Inertial Sensors Market Size & Forecast, 2018-2028
4.5.1 MEMS Inertial Sensors Market Size and Y-o-Y Growth
4.5.2 MEMS Inertial Sensors Market Absolute $ Opportunity
Chapter 5 Global MEMS Inertial Sensors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 MEMS Inertial Sensors Market Size Forecast by Type
5.2.1 Accelerometers
5.2.2 Gyroscopes
5.2.3 Magnetometers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global MEMS Inertial Sensors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 MEMS Inertial Sensors Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Consumer Electronics
6.2.3 Medical
6.2.4 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MEMS Inertial Sensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 MEMS Inertial Sensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America MEMS Inertial Sensors Analysis and Forecast
9.1 Introduction
9.2 North America MEMS Inertial Sensors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America MEMS Inertial Sensors Market Size Forecast by Type
9.6.1 Accelerometers
9.6.2 Gyroscopes
9.6.3 Magnetometers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America MEMS Inertial Sensors Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Consumer Electronics
9.10.3 Medical
9.10.4 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe MEMS Inertial Sensors Analysis and Forecast
10.1 Introduction
10.2 Europe MEMS Inertial Sensors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe MEMS Inertial Sensors Market Size Forecast by Type
10.6.1 Accelerometers
10.6.2 Gyroscopes
10.6.3 Magnetometers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe MEMS Inertial Sensors Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Consumer Electronics
10.10.3 Medical
10.10.4 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific MEMS Inertial Sensors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific MEMS Inertial Sensors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific MEMS Inertial Sensors Market Size Forecast by Type
11.6.1 Accelerometers
11.6.2 Gyroscopes
11.6.3 Magnetometers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific MEMS Inertial Sensors Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Consumer Electronics
11.10.3 Medical
11.10.4 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America MEMS Inertial Sensors Analysis and Forecast
12.1 Introduction
12.2 Latin America MEMS Inertial Sensors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America MEMS Inertial Sensors Market Size Forecast by Type
12.6.1 Accelerometers
12.6.2 Gyroscopes
12.6.3 Magnetometers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America MEMS Inertial Sensors Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Consumer Electronics
12.10.3 Medical
12.10.4 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) MEMS Inertial Sensors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) MEMS Inertial Sensors Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) MEMS Inertial Sensors Market Size Forecast by Type
13.6.1 Accelerometers
13.6.2 Gyroscopes
13.6.3 Magnetometers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) MEMS Inertial Sensors Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Consumer Electronics
13.10.3 Medical
13.10.4 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 MEMS Inertial Sensors Market: Competitive Dashboard
14.2 Global MEMS Inertial Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Asahi Kasei Microdevices
14.3.2 Robert Bosch
14.3.3 TDK
14.3.4 STMicroelectronics
14.3.5 Alps Electric
14.3.6 Analog Devices
14.3.7 NXP Semiconductors
14.3.8 Kionix
14.3.9 Memsic
14.3.10 Texas Instruments
14.3.11 Epson Electronics America
14.3.12 ON Semiconductor
14.3.13 Honeywell
14.3.14 Colibrys
