The Global Market for Consumer MEMS Inertial Sensors is Projected to Reach US$2.1 Billion by 2020

Increasing Demand for Combo MEMS Inertial Sensors to Drive Consumer MEMS Inertial Sensors Market, 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 Consumer MEMS Inertial Sensors market. The global market for Consumer MEMS Inertial Sensors is projected to reach US$2.1 billion by 2020, driven by the growing demand for combo MEMS inertial sensors and increasing applications in smartphones and tablets.

MEMS inertial sensors are miniaturized electromechanical devices that are establishing a new paradigm in the design of mechanical devices and systems. Affordability, high precision and compact size of MEMS inertial sensors enable miniaturization of target devices, driving their adoption in various sectors. Discrete MEMS inertial sensors such as accelerometers and gyroscopes have been extensively used in myriad applications such as automotive, aerospace, marine and consumer electronics, among others. MEMS accelerometers are used for measuring velocity changes in devices. Significant developments over the last decade have enabled development of MEMS accelerometers in single-chip structures that provide tremendous functional enhancements and cost reduction. Small size, low cost and low power consumption are driving use of MEMS accelerometers in consumer electronics. MEMS gyroscopes, used for calculation of rotation and orientation, have also witnessed significant technological advancements, resulting in lower costs and higher adoption in consumer electronics. Besides being used in computer pointing devices, compasses, and aircraft, gyroscopes are now being used in a broad range of consumer electronic devices. Smartphones, cameras and video game controllers use MEMS gyroscopes. The consumer electronics market is shifting away from discrete MEMS inertial sensors towards combo motion sensors also called combo MEMS inertial sensors.

A key factor spurring the popularity of Combo MEMS inertial sensors is the fact that these sensors alleviate the space constraints in smartphones and tablets. Convenient plug-and-play feature additionally allows for easy integration into devices. Accelerometers combined with gyroscopes, forming combination sensors called inertial measurement units (IMUs), are increasingly being espoused for complete motion detection. With end-users showing growing preference for combined sensors, they are expected to supplant discrete sensors in the coming years. Technological advancements have enabled combination of magnetometers with IMUs to form 9-axis combo sensors and combination of magnetometers and pressure sensors to IMUs for MEMS sensors with 10 DoF. These advanced combo sensors are designed to help consumer electronics companies in shrinking the overall cost and dimension of devices.

As stated by the new market research report on Consumer MEMS Inertial Sensors, Asia-Pacific represents the largest market worldwide, led by the region’s manufacturing dominance in electronic goods, robustly growing domestic consumer electronics industry, digitalizing consumer lifestyles and the resulting increased appetite for electronic equipment. The region also ranks as the fastest growing market with a CAGR of 3% over the analysis period.

Major players covered in the report include Alps Electric Co., Ltd., Analog Devices, Inc., Bosch Sensortec GmbH, Epson Electronics America, Inc., Fairchild Semiconductor International Inc., Freescale Semiconductor Inc., InvenSense Inc., Kionix, Inc., Maxim Integrated Products Inc., MEMSIC, Inc., Panasonic Corporation and STMicroelectronics N.V.

The research report titled “Consumer MEMS Inertial Sensors: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for Consumer MEMS Inertial Sensors in terms of US$ and Units 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 Consumer MEMS Inertial Sensors is also analyzed by the following end-use applications – Communication Devices, Cameras, Gaming Consoles and Others; and by the following types - Discrete Sensors and Combo Sensors. 

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