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The global accelerometer and gyroscope market size was approximately USD 3.58 billion in 2023. The market is further projected to grow at a CAGR of 4.2% between 2024 and 2032, reaching a value of USD 5.19 billion by 2032.
Accelerometers measure linear acceleration along one or more axes, expressed in mV/g. Angular velocity is measured by a gyroscope and is expressed in mV/deg/s. An accelerometer is a tool for measuring an object's acceleration while it falls freely. It is made up of a connection, a spring, and a mass. Gyroscopes find applications in consumer electronics, automotive, and navigation, among others.
On the basis of type, the market is divided into accelerometer and gyroscope. Accelerometers are sub-divided by type into MEMS accelerometers, piezoelectric accelerometer, and piezoresistive accelerometer; and gyroscopes are sub-divided into MEMS gyroscope, fibre optic gyroscope, and ring laser gyroscope, among others.
Based on dimension, the market is segmented into 1-axis, 2-axis, and 3-axis. On the basis of application, the market is classified into consumer electronics, automotive, aerospace and defence, industrial, and healthcare, among others. The major regional markets for accelerometer and gyroscope are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global accelerometer and gyroscope market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
As per the accelerometer and gyroscope market analysis, the automotive sector is a significant contributor to the market demand. The incorporation of advanced technologies such as 3D MEMS technology, along with highly integrated electronics and sensing elements and measuring circuits is aiding market growth. The control system performs better when the gyro sensor's precision for the vehicle's ambient conditions is higher. The gyro acceleration sensor is capable of accurate and dependable measurement in all assembly locations and directions of measurement. Manufacturers are also working on the next generation of combo sensors. These sensors will be able to integrate functionality for a variety of applications and deliver high performance at low costs.
The Asia Pacific holds a significant accelerometer and gyroscope market share owing to the strong presence of automotive manufacturing sector in countries including Japan, South Korea, and China. The presence of renowned manufacturers such as Hyundai Co. Ltd., Honda Motor Company, and Mitsubishi Motors, among others, is further supporting the market expansion in the region. The rising popularity of electric vehicles and increasing initiatives by various governments to reduce carbon emissions is propelling the growth of the electric vehicle market, boosting the accelerometer and gyroscope market demand.
Analog Devices Inc., is an American multinational semiconductor manufacturer which focuses on data conversion, signal processing, and power management technologies such as mixed signal and DSP integrated circuit design and production. The company has its shares listed on the NASDAQ Stock Exchange with the ticker symbol ADI (NASDAQ: ADI).
Honeywell International Inc. principally engages in four business domains: building technologies, performance materials and technologies, safety and productivity solutions, and aircraft. The company has its shares listed on the NASDAQ Stock Exchange with the ticker symbol HON (NASDAQ: HON).
Northrop Grumman Corporation is an American multinational aerospace and defence technology company that is regarded as one of the biggest producers of weapons and military technology worldwide. The company is listed on the New York Stock Exchange with the ticker symbol NOC (NYSE: NOC).
Other key players in the accelerometer and gyroscope market include Robert Bosch Gmbh, TDK Corp., Safran S.A., Murata Manufacturing Co. Ltd., NXP Semiconductors N.V., STMicroelectronics International N.V., and Innalabs Limited, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Dimension |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Accelerometer and Gyroscope Market Analysis
8.1 Key Industry Highlights
8.2 Global Accelerometer and Gyroscope Historical Market (2018-2023)
8.3 Global Accelerometer and Gyroscope Market Forecast (2024-2032)
8.4 Global Accelerometer and Gyroscope Market by Type
8.4.1 Accelerometer
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.1.3 Breakup by Type
8.4.1.3.1 MEMS Accelerometer
8.4.1.3.2 Piezoelectric Accelerometer
8.4.1.3.3 Piezoresistive Accelerometer
8.4.2 Gyroscope
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.2.3 Breakup by Type
8.4.2.3.1 MEMS Gyroscope
8.4.2.3.2 Fibre Optic Gyroscope
8.4.2.3.3 Ring Laser Gyroscope
8.4.2.3.4 Others
8.5 Global Accelerometer and Gyroscope Market by Dimension
8.5.1 1-Axis
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 2-Axis
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 3- Axis
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Accelerometer and Gyroscope Market by Application
8.6.1 Consumer Electronics
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Automotive
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Aerospace And Defence
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Industrial
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Healthcare
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Accelerometer and Gyroscope Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Accelerometer and Gyroscope Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Accelerometer and Gyroscope Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Accelerometer and Gyroscope Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Accelerometer and Gyroscope Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Accelerometer and Gyroscope Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Robert Bosch GmbH
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Analog Devices Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Honeywell International Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 TDK Corp.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Safran S.A.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Murata Manufacturing Co. Ltd.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Northrop Grumman Corporation
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 NXP Semiconductors N.V.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 STMicroelectronics International N.V.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Innalabs Limited
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Accelerometer and Gyroscope Market: Key Industry Highlights, 2018 and 2032
2. Global Accelerometer and Gyroscope Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Accelerometer and Gyroscope Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Accelerometer and Gyroscope Historical Market: Breakup by Dimension (USD Billion), 2018-2023
5. Global Accelerometer and Gyroscope Market Forecast: Breakup by Dimension (USD Billion), 2024-2032
6. Global Accelerometer and Gyroscope Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Accelerometer and Gyroscope Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Accelerometer and Gyroscope Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Accelerometer and Gyroscope Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Accelerometer and Gyroscope Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Accelerometer and Gyroscope Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Accelerometer and Gyroscope Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Accelerometer and Gyroscope Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Accelerometer and Gyroscope Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Accelerometer and Gyroscope Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Accelerometer and Gyroscope Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Accelerometer and Gyroscope Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Accelerometer and Gyroscope Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Accelerometer and Gyroscope Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Accelerometer and Gyroscope Market Structure
In 2023, the market reached an approximate value of USD 3.58 billion.
The market is expected to grow at a CAGR of 4.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 5.19 billion by 2032.
The market is being driven by the expansion of the automotive sector and increasing government spending on the defence sector.
The key market trends include the growing popularity of miniaturised consumer wearables and rising popularity of electric vehicles due to increasing environmental concerns.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major dimensions include 1-axis, 2-axis, and 3-axis.
The major players in the market are Robert Bosch Gmbh, Analog Devices Inc., Honeywell International Inc., TDK Corp., Safran S.A., Murata Manufacturing Co. Ltd., Northrop Grumman Corporation, NXP Semiconductors N.V., STMicroelectronics International N.V., and Innalabs Limited, among others.
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