High-End Accelerometer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

High-End Accelerometer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global high-end accelerometer market size reached US$ 249.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 336.8 Million by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.

High-end accelerometers are electromechanical devices used in industrial settings to measure the linear acceleration, tilt, vibration, and shock impact of systems. They can also be used for inclination measurement and motion detection, such as free-fall, wakeup, inactivity, double-tap recognition, and four-dimensional (4D) orientation. They generally communicate data over an analog, digital, or pulse-width modulated connection interface. At present, several manufacturers are introducing an extensive range of high-end accelerometers to meet performance requirements for applications in avionics, surface, and marine navigation.

High-End Accelerometer Market Trends:
High-end accelerometers have advanced power-saving features, which make them ideal for handheld portable electronics, such as mobile phones and personal digital assistants (PDAs), wherein low power consumption and the reduced package size are required. Therefore, the emerging trend of miniaturized consumer electronics represents one of the significant factors contributing to the market growth. Apart from this, the increasing adoption of Internet of Things (IoT) inclinometers and wireless sensor networks in industrial applications is bolstering the market growth. Moreover, high-end accelerometers are incorporated in condition-based monitoring (CBM) systems that assist in detecting leaks, cavitation, and flow in the oil and gas industry. This, in confluence with the rising need for energy exploration facilities, is driving the use of CBM systems and these accelerometers in the management of pressure vessels, storage tanks, pipelines, and piping. Furthermore, the widespread adoption of wearable devices among professional sportspersons and recreational fitness enthusiasts is creating a positive market outlook. Besides this, the application of high-end accelerometers is anticipated to expand in aerospace inertial navigation, guidance, and control and in the healthcare industry for asset monitoring and vital sign monitoring (VSM) across the globe.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global high-end accelerometer market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, axis type and application.

Breakup by Type:

Piezoelectric
Piezo-Resistance
Capacitive

Breakup by Axis Type:

One Axis
Two Axis
Three Axis

Breakup by Application:

Automotive Applications
Tactical Applications
Navigational Applications
Industrial Application

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Analog Devices Inc., Honeywell International Inc., InnaLabs Limited, MEMSIC Inc., Robert Bosch GmbH, Safran S.A., STMicroelectronics, TDK Corporation and TE Connectivity.

Key Questions Answered in This Report

1. How big is the global high-end accelerometer market?
2. What is the expected growth rate of the global high-end accelerometer market during 2023-2028?
3. What are the key factors driving the global high-end accelerometer market?
4. What has been the impact of COVID-19 on the global high-end accelerometer market?
5. What is the breakup of the global high-end accelerometer market based on the type?
6. What is the breakup of the global high-end accelerometer market based on the axis type?
7. What is the breakup of the global high-end accelerometer market based on application?
8. What are the key regions in the global high-end accelerometer market?
9. Who are the key players/companies in the global high-end accelerometer market?