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MEMS Gyroscope Market Emerging Trends 2019 | Industry Share, Size, Market Dynamics, Growth Rate of Key Players, Demand Status Forecast to 2024

MEMS

The “MEMS Gyroscope Market” report 2019-2024 offerings a complete outline, market shares, and growth opportunities of MEMS Gyroscope market by product type, application, key manufacturers and key regions and countries. The MEMS Gyroscope market research report analyzes the industry size, industry share, growth rate, key segments, CAGR and key drivers. This research report consists of the world’s crucial region market share, size (volume), trends including the product profit, cost, stock, scope, capacity utilization, supply, and demand and industry growth rate.

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Market Overview:

  • The global MEMS gyroscope market is expected to grow at a CAGR of 9.48% during the forecast period 2019-2024. MEMS gyroscopes are incorporated in several electronic devices such as digital camcorders, video cameras, digital cameras, personal media players, notebook PCs, and video games.
  • – The gyroscope market is dominantly driven by increased defence expenditure occurring at a global level. According to government organisation SIPRI global military spending remains very high at USD 1.7 trillion. With increased expenditure, they are well versed to adopt the latest technology in order to enhance efficiency.
  • – There has been an increased proliferation of mobile devices. MEMS gyroscope facilitates in the high level of motion sensing accuracy required in smartphones. Thus, the increased demand for smartphone is positively impacting the adoption rate of MEMS gyroscope sensors.<

    Some Top Players of MEMS Gyroscope Market Are:

  • Analog Devices, Inc.
  • Bosch Sensortec GmbH
  • InvenSense Inc. (TDK)
  • STMicroelectronics N.V.
  • Murata Manufacturing Co., Ltd.
  • KIONIX, Inc. (ROHM)
  • ASC GmbH
  • Rion Technology Co. Ltd.

    The purpose of MEMS Gyroscope Market report 2019 is to give an idea to the readers in making firm commercial conclusions based on market latest trends and upcoming market improvement estimates in forecast years.

    Scope of the Report:

  • Traditional spinning gyroscopes work on the basis that a spinning object that is tilted perpendicularly to the direction of the spin will have a precession. The precession keeps the device oriented in a vertical direction so the angle relative to the reference surface can be measured.

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    Key Market Trends:

    Automotive and Aerospace Sector is Expected to Hold the Major Market Share

    – Vehicle dynamic control (VDC) system consists of a gyroscope, a low-g accelerometer, and wheel-speed sensors at each wheel (the ABS can also use the wheel-speed sensors). Wheel speed is measured, and the predicted turn rate of the car is compared with that measured by the gyroscope.
    – Rollover detection systems use a gyroscope to detect the roll rate. An accelerometer reading vertical acceleration (Z axis) is also required because large roll angles can be encountered in banked curves with no possibility of a rollover.
    – Navigation system relies on compass and GPS information when the system is first started. The direction of travel is then matched up with map data to give the system more certainty regarding direction. With the ing adoption of GPS navigation systems, customers are most likely to shift to Gyroscope powered GPS in order to get accurate readings.

    North America is Expected to Hold the Major Market Share

    – North America is the geographic area where the gyroscope technologies are more developed. Driven by government regulations of safety and emissions, the introduction of high-end options in modern vehicles by major automobile manufacturers and consumer demand for safety, comfort, infotainment applications and fuel efficiency, automotive electronics content per vehicle is on the rise. As the electronics content is increasing in automobiles, the number of automotive sensors used in vehicles is also increasing.
    – Primarily, the government regulations in North America drives demand for automobile safety features that range from passive to integrated active and passive safety systems. These developments are driving increased demand for applications such as tire pressure monitoring, electronic stability control, occupant detection, and advanced driver assistant systems.
    – MEMS Gyroscope has enabled exciting applications in portable devices including optical image stabilization for camera performance improvement, the user interface for additional features and ease of use, and gaming for more exciting entertainment. As North America is the biggest market for consumer electronics, the adoption rate of MEMS gyroscope is expected to follow the same trend.

    Vital Pointers Counted in the MEMS Gyroscope Market Report:

    • Product consumption patterns
    • Valuation that each of these regions account for in the industry
    • Market share which every region holds
    • Consumption market share across the geographies
    • Product consumption growth rate
    • Geographical consumption rate

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    Detailed TOC of MEMS Gyroscope Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increased Proliferation of Smartphones
    4.3.2 Increased Defense Expenditure
    4.4 Market Restraints
    4.4.1 High Up Front Costs Involved
    4.5 Industry Attractiveness – Porter’s Five Force Analysis
    4.5.1 Threat of New Entrants
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Bargaining Power of Suppliers
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Application
    5.1.1 Consumer Electronics (Mobile Devices, Handheld Gaming Consoles, Cameras)
    5.1.2 Automotive & Aerospace
    5.1.3 Other Applications (Industrial, Healthcare)
    5.2 Geography
    5.2.1 North America
    5.2.2 Europe
    5.2.3 Asia Pacific
    5.2.4 Rest of the World

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Analog Devices, Inc.
    6.1.2 Bosch Sensortec GmbH
    6.1.3 InvenSense Inc. (TDK)
    6.1.4 STMicroelectronics N.V.
    6.1.5 Murata Manufacturing Co., Ltd.
    6.1.6 KIONIX, Inc. (ROHM)
    6.1.7 ASC GmbH
    6.1.8 Rion Technology Co. Ltd.

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

    Contact Us:

    Name: Ajay More

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