The Global Market for MEMS Gyroscopes is Projected to Reach US$1.6 Billion by 2020

Promised High Volume Applications in Consumer Electronics to Drive Demand for MEMS Gyroscopes, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global MEMS Gyroscopes market. The global market for MEMS Gyroscopes is projected to reach US$1.6 billion by 2020, driven by the promised wealth of applications in navigation, smart UI and image stabilization in consumer electronic devices.  

Gyroscopes are devices used in measuring angular rate of rotational movement on one or more axes. The devices find use in accurately measuring complex motion in free space, and help tracking rotation and position of a moving object without the influence of environmental factors such as magnetism or gravity. MEMS gyroscopes are millimeter- or micro-scaled inertial rate sensors that feature key benefits such as small form factor, higher energy efficiency and lower cost when compared with conventional gyroscopes. Significant advancements over the years in MEMS technology have encouraged the use of MEMS gyroscopes in various real-life applications. Current applications of MEMS gyroscopes include its use in the enablement of anti-sliding control features, rollover detection in automobiles; inertial navigation in aircraft; and image stabilization in smartphones, among others. In consumer electronics, MEMS gyroscope find use in advanced motion sensing such as movement detection, motion simulation and gesture recognition. Strong sales of smartphones and tablets are providing the torque for the growth of MEMS gyroscopes. Demand in this sector is expected to receive a boost from the growing popularity of gaming applications, body-motion dynamics, location-based services, and virtual reality, among others.

Technology developments are leading to significant improvements in size, and power consumption performance. Improvements in digital interface integration of these devices in addition to other developments have expedited adoption and penetration of MEMS gyroscopes in various end-use applications. Performance and power consumption level improvements are expected to improve further, driven by ongoing efforts from developers in this direction. 3-axis gyroscopes, debuted in 2009, are presently witnessing robust adoption worldwide and are expected to post significant growth through 2020. Increasing use in the number of sensors and the growing trend towards thinner mobile phones and other electronics are driving the shift towards combination sensors that combine gyroscopes with other sensors such as accelerometers and e-compass among others. Discreet MEMS gyro sensors, as a result, are losing appeal to combination inertial sensors, which are expected to gain market share going forwards. Intense competition is resulting in price wars among manufacturers of MEMS gyroscopes, prompting players to cut down prices in a bid to survive in the market and gain market share.

As stated by the new market research report on MEMS Gyroscopes, Asia-Pacific represents the largest market worldwide, supported by its global dominance in automotive and consumer electronics production. The region is also forecast to grow the fastest at a CAGR of 5.6% over the analysis period, led by rapid industrialization, and robustly growing automotive and consumer electronics sectors.  

Major players covered in the report include Analog Devices, Inc., Epson Electronics America, Inc., Freescale Semiconductor, Inc., InvenSense Inc., Kionix, Inc., LORD Corporation MicroStrain® Sensing Systems, Maxim Integrated Products Inc., MEMSIC, Inc., Moog Inc., Murata Manufacturing Company, Ltd., Panasonic Corporation, Sensonor AS, Silicon Sensing Systems Ltd., STMicroelectronics, Systron Donner Inertial, Texas Instruments, Inc. and VectorNav Technologies among others.

The research report titled “MEMS Gyroscopes: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for MEMS gyroscopes in US$ terms for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, and Rest of Europe), Asia-Pacific (China, South Korea, Taiwan, and Rest of Asia-Pacific) and Rest of World. Global market for MEMS gyroscopes is also analyzed by the following end-use applications – Automotive, Consumer Electronics and Others (Includes Defense and Industrial Applications, among Others).


Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.

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