Global MEMS Accelerometers Market Growth 2023-2029
An accelerometer is a sensing element that measures the acceleration it experiences relative to freefall. The acceleration is measured as a vector that has magnitude and direction. MEMS (Micro-Electro Mechanical System) technology is based on a number of tools and methodologies, which are used to form small structures with dimensions in the micrometer scale (one millionth of a meter). This technology is now being utilized to manufacture state of the art MEMS-Based Accelerometers. MEMS-based accelerometers are available in 1-, 2- and 3-axis configurations, with analog or digital output, in low-g or high-g sensing ranges.
LPI (LP Information)' newest research report, the “MEMS Accelerometers Industry Forecast” looks at past sales and reviews total world MEMS Accelerometers sales in 2022, providing a comprehensive analysis by region and market sector of projected MEMS Accelerometers sales for 2023 through 2029. With MEMS Accelerometers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world MEMS Accelerometers industry.
This Insight Report provides a comprehensive analysis of the global MEMS Accelerometers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on MEMS Accelerometers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global MEMS Accelerometers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for MEMS Accelerometers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global MEMS Accelerometers.
The global MEMS Accelerometers market size is projected to grow from US$ 1190.2 million in 2022 to US$ 1012.6 million in 2029; it is expected to grow at a CAGR of 1012.6 from 2023 to 2029.
The top four of global MEMS Accelerometers include STM, Bosch, InvenSense and NXP (Freescale), with about 41% market shares. China is the largest consumption place, with a consumption market share nearly 30%.
This report presents a comprehensive overview, market shares, and growth opportunities of MEMS Accelerometers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
1-Axis MEMS Accelerometer
2-Axis MEMS Accelerometer
3-Axis MEMS Accelerometer
6-Axis: 3-Axis Gyroscope and A 3-Axis Accelerometer
9-Axis: 3-Axis Gyroscope, 3-Axis Accelerometer and 3-Axis Compass
Segmentation by application
Automotive
Consumer Electronics
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
STM
Bosch
InvenSense
NXP (Freescale)
Murata (VTI)
ADI
ROHM (Kionix)
Mcube
Memsic
MiraMEMS
QST
Key Questions Addressed in this Report
What is the 10-year outlook for the global MEMS Accelerometers market?
What factors are driving MEMS Accelerometers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do MEMS Accelerometers market opportunities vary by end market size?
How does MEMS Accelerometers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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