Market Overview:
The global gyroscope sensor market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for consumer electronics and automotive applications, and rising investments in aerospace and energy & power sectors. The market is segmented on the basis of type, application, and region. On the basis of type, it is divided into infrared gyroscope sensors, ultrasonic gyroscope sensors, microwave gyroscope sensors, and others (including MEMS-based inertial measurement units).
Product Definition:
A gyroscope sensor is used to measure the orientation of a device. It is important for devices such as smartphones and tablets, which need to know their orientation in order to display information correctly.
Infrared:
Infrared is a part of the electromagnetic spectrum, which has wavelengths between visible light and ultraviolet radiation. The most common source of infrared radiation is the sun; however, IR sources vary widely due to changes in temperature and composition. Some common IR sources include stars, gases (such as mercury), solid objects (such as coal and rock fires), galaxies, solar flares & lightning bolts, hot objects (like star-forming regions) and warm rocks.
Ultrasonic:
Ultrasonic sensors are used in gyroscope sensor market owing to their properties such as high speed, low cost and small size. They are widely used in consumer electronic products such as smartphones, tablets and smartwatches for motion detection. The growing use of these devices is expected to drive the gyroscope sensor market over the forecast period.
Application Insights:
The consumer electronics segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. The gyroscope sensors used in smartphones, tablets, laptops etc. are manufactured using various technologies such as inertial measurement unit (IMU), 3-axis accelerometer/gyroscope combination, 2-axis magnetometer and Global Positioning System (GPS). These devices help enhance user experience by providing enhanced stability & accuracy of navigation/location information. Furthermore, these sensors also provide enhanced battery life through power management features incorporated within mobile phones & tablets devices.
Healthcare is expected to be one of the fastest growing application segments during the forecast period owing to increasing demand for advanced medical equipment such as MRI scanners that require high precision instruments for imaging procedures. In addition, rising demand for diagnostic tests that can detect early stages of diseases further boost segment growth during the estimated time frame.
Regional Analysis:
North America dominated the global gyroscope sensor market in 2017. The growing demand for smartphones and tablets, increasing investments in R&D by companies, and government initiatives to develop advanced sensors are some of the major factors responsible for North America’s dominance. Europe is expected to be the second-largest market due to high demand from automotive manufacturers for incorporating these sensors into cars. Asia Pacific is projected to grow at a lucrative rate over the forecast period owing to rising disposable income coupled with increasing adoption of consumer electronics such as smartphones and laptops among consumers.
Growth Factors:
- Increasing demand for gyroscope sensors in smartphones and tablets
- Growing demand from automotive industry for advanced safety features
- Rising adoption of gyroscope sensors in drones and other unmanned aerial vehicles
- Increasing use of gyroscope sensors in medical devices and surgical robots
- Growing popularity of virtual reality (VR) and augmented reality (AR) applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Gyroscope Sensor Market Research Report
By Type
Infrared, Ultrasonic, Microwave, Others
By Application
Consumer Electronics, Healthcare, Automotive, Energy and Power, Aerospace
By Companies
Bosch Sensortec GmbH (Germany), Freescale Semiconductor (U.S.), STMicroelectronics (Switzerland), MEMSIC (U.S.), Microchip Technology (U.S.), InvenSense (U.S.), Kionix (U.S.), Honeywell International (U.S.), Murata Manufacturing (Japan), Analog Devices (U.S.)
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Gyroscope Sensor Market Report Segments:
The global Gyroscope Sensor market is segmented on the basis of:
Types
Infrared, Ultrasonic, Microwave, Others
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
Consumer Electronics, Healthcare, Automotive, Energy and Power, Aerospace
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:
- Bosch Sensortec GmbH (Germany)
- Freescale Semiconductor (U.S.)
- STMicroelectronics (Switzerland)
- MEMSIC (U.S.)
- Microchip Technology (U.S.)
- InvenSense (U.S.)
- Kionix (U.S.)
- Honeywell International (U.S.)
- Murata Manufacturing (Japan)
- Analog Devices (U.S.)
Highlights of The Gyroscope Sensor 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:
- Infrared
- Ultrasonic
- Microwave
- Others
- By Application:
- Consumer Electronics
- Healthcare
- Automotive
- Energy and Power
- Aerospace
- 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 Gyroscope Sensor 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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- Correctly Positioning New Products
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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?
A gyroscope sensor is a type of sensor that uses the principles of angular momentum to measure rotation. This type of sensor is often used in devices such as smartphones and tablets to help stabilize the device while it's in use.
Some of the key players operating in the gyroscope sensor market are Bosch Sensortec GmbH (Germany), Freescale Semiconductor (U.S.), STMicroelectronics (Switzerland), MEMSIC (U.S.), Microchip Technology (U.S.), InvenSense (U.S.), Kionix (U.S.), Honeywell International (U.S.), Murata Manufacturing (Japan), Analog Devices (U.S.).
The gyroscope sensor market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gyroscope Sensor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Gyroscope Sensor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gyroscope Sensor Market - Supply Chain
4.5. Global Gyroscope Sensor Market Forecast
4.5.1. Gyroscope Sensor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gyroscope Sensor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gyroscope Sensor Market Absolute $ Opportunity
5. Global Gyroscope Sensor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Gyroscope Sensor Market Size and Volume Forecast by Type
5.3.1. Infrared
5.3.2. Ultrasonic
5.3.3. Microwave
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gyroscope Sensor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Gyroscope Sensor Market Size and Volume Forecast by Application
6.3.1. Consumer Electronics
6.3.2. Healthcare
6.3.3. Automotive
6.3.4. Energy and Power
6.3.5. Aerospace
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gyroscope Sensor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Gyroscope Sensor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Gyroscope Sensor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Gyroscope Sensor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Gyroscope Sensor Demand Share Forecast, 2019-2026
9. North America Gyroscope Sensor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Gyroscope Sensor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Gyroscope Sensor Market Size and Volume Forecast by Application
9.4.1. Consumer Electronics
9.4.2. Healthcare
9.4.3. Automotive
9.4.4. Energy and Power
9.4.5. Aerospace
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gyroscope Sensor Market Size and Volume Forecast by Type
9.7.1. Infrared
9.7.2. Ultrasonic
9.7.3. Microwave
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Gyroscope Sensor Demand Share Forecast, 2019-2026
10. Latin America Gyroscope Sensor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Gyroscope Sensor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Gyroscope Sensor Market Size and Volume Forecast by Application
10.4.1. Consumer Electronics
10.4.2. Healthcare
10.4.3. Automotive
10.4.4. Energy and Power
10.4.5. Aerospace
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gyroscope Sensor Market Size and Volume Forecast by Type
10.7.1. Infrared
10.7.2. Ultrasonic
10.7.3. Microwave
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Gyroscope Sensor Demand Share Forecast, 2019-2026
11. Europe Gyroscope Sensor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Gyroscope Sensor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Gyroscope Sensor Market Size and Volume Forecast by Application
11.4.1. Consumer Electronics
11.4.2. Healthcare
11.4.3. Automotive
11.4.4. Energy and Power
11.4.5. Aerospace
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gyroscope Sensor Market Size and Volume Forecast by Type
11.7.1. Infrared
11.7.2. Ultrasonic
11.7.3. Microwave
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Maket Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Gyroscope Sensor Demand Share, 2019-2026
12. Asia Pacific Gyroscope Sensor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Gyroscope Sensor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Gyroscope Sensor Market Size and Volume Forecast by Application
12.4.1. Consumer Electronics
12.4.2. Healthcare
12.4.3. Automotive
12.4.4. Energy and Power
12.4.5. Aerospace
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gyroscope Sensor Market Size and Volume Forecast by Type
12.7.1. Infrared
12.7.2. Ultrasonic
12.7.3. Microwave
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Gyroscope Sensor Demand Share, 2019-2026
13. Middle East & Africa Gyroscope Sensor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Gyroscope Sensor Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Gyroscope Sensor Market Size and Volume Forecast by Application
13.4.1. Consumer Electronics
13.4.2. Healthcare
13.4.3. Automotive
13.4.4. Energy and Power
13.4.5. Aerospace
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gyroscope Sensor Market Size and Volume Forecast by Type
13.7.1. Infrared
13.7.2. Ultrasonic
13.7.3. Microwave
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Gyroscope Sensor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gyroscope Sensor Market: Market Share Analysis
14.2. Gyroscope Sensor Distributors and Customers
14.3. Gyroscope Sensor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bosch Sensortec GmbH (Germany)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Freescale Semiconductor (U.S.)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. STMicroelectronics (Switzerland)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MEMSIC (U.S.)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Microchip Technology (U.S.)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. InvenSense (U.S.)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kionix (U.S.)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Honeywell International (U.S.)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Murata Manufacturing (Japan)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Analog Devices (U.S.)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
