According to a market report by Lucintel, the future of the MEMS gyroscope market looks promising with opportunities in the automotive, consumer electronics, defense, industrial, medical, and telecommunication industries. The global MEMS gyroscope market is expected to grow with a CAGR of 9% from 2021 to 2026. The major drivers for this market are increasing demand for high level of motion sensing accuracy and growing demand for MEMS gyroscopes from mobile and wearable device manufacturers.
To download report brochure, please go to https://www.lucintel.com/mems-gyroscope-market.aspx and click "download brochure" tab from the menu.
In this market, different types of MEMS gyroscope, such as vibrating wheel gyroscope, tuning fork gyroscope, Foucault pendulum gyroscope, and wine glass resonator gyroscope, are used in the automotive, consumer electronics, defense, industrial, medical, and telecommunication industries. Automotive will remain the largest end use industry during the forecast period due to passenger safety and to measure the roll rate which is integrated to determine roll angle of the vehicle and it also measures the turn rate of the vehicles.
North America will remain the largest region over the forecast period due to government regulations in the region for automobile safety features that range from passive to integrated active and passive safety systems.
Robert Bosch, STMicroelectronics, Texas Instruments, Hewlett Packard, Knowles Electronics, Canon, Denso, Panasonic, Freescale Semiconductors, and Invensense are among the major MEMS gyroscope manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global MEMS gyroscope market by type, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global MEMS Gyroscope Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global MEMS gyroscope market by type, end use industry, and region as follows:
By Type [$M shipment analysis for 2015 – 2026]:
Vibrating Wheel Gyroscope
Tuning Fork Gyroscope
Foucault Pendulum Gyroscope
Wine Glass Resonator Gyroscope
By End Use Industry [$M shipment analysis for 2015 – 2026]:
Automotive
Consumer Electronics
Defense
Industrial
Medical
Telecommunication
Others
By Region [$M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.