Global sales of accelerometers and gyroscopes totalled revenue of USD 3.0 billion in 2022. With 4.2% projected growth rate from 2023 to 2033, the global accelerometer and gyroscope market size is expected to increase from USD 3.1 billion in 2023 to USD 4.7 billion by the end of 2033.
The accelerometer dimension segment is expected to witness a growth rate of over 4.1% CAGR from 2023 to 2033, making it the top revenue-generation category for accelerometer and gyroscope manufacturers.
Rising usage of accelerometers and gyroscopes across industries such as consumer electronics, healthcare, automotive, aerospace & defense, and industrial is a key factor spurring growth in the global market.
Devices used to measure linear acceleration or proper acceleration along one or several axes are called accelerometers. On the other hand, gyroscopes are devices that measure angular velocity orientation.
They have been used in various applications across industries such as automotive, consumer electronics, and defense for a long time. For instance, accelerometers are being extensively used for detecting car crashes and triggering airbags at just the right moment. They are also helpful in measuring vehicle acceleration.
Subsequently, usage of accelerometers and gyroscopes in smartphones gives users a new way to interface motion and gestures with their smart devices. Hence, growing usage of accelerometers and gyroscopes in automotive and consumer electronics industries will boost the market.
Similarly, widening application across thriving aerospace & defense sector will propel accelerometer and gyroscope demand. Accelerometers are being extensively used in inertial navigation systems for missiles and aircraft.
They are also used in various monitoring devices and safety systems where they detect vibration and seismic activities, thereby helping to enhance safety of people and property.
Increasing spending in military and defense, rising demand for consumer electronic devices, and growing popularity of MEMS systems are expected to create lucrative growth opportunities for manufacturers of accelerometers and gyroscopes.
| Attribute | Key Insights |
|---|---|
| Global Gyroscope and Accelerometer Market Estimated Value (2023) | USD 3.1 billion |
| Projected Market Value (2033) | USD 4.7 billion |
| Value-based CAGR (2023 to 2033) | 4.2% |
| USA Gyroscope and Accelerometer Industry CAGR (2023 to 2033) | 3.1% |
According to Future Market Insights, global accelerometer and gyroscope sales are projected to surge at 4.2% CAGR between 2023 and 2033, in comparison to 5.1% CAGR recorded during the historical period from 2018 to 2022.
Increasing demand from industries such as automotive, defense, healthcare, and consumer electronics is a prominent factor driving the global accelerometer and gyroscope market.
Accelerometers and gyroscopes have become widely used devices across various industries for measuring motion. They are frequently employed in weapon testing, seismic measurements, safety airbags, and testing of anti-lock brake systems.
Rapid expansion of industries such as aerospace & defense, automotive, and healthcare is expected to boost the global accelerometer and gyroscope market during the forecast period.
Growing Popularity of MEMS Gyroscope and Accelerometer Boosting Market
Microelectronic mechanical system (MEMS) gyroscopes and accelerometers have become essential parts for enhancing automotive safety features. The development of autonomous driving is projected to spur need for these sensors for safety-related applications, opening new market opportunities.
Due to strict standards, automakers are being pressured to utilize the most recent MEMS sensor-based systems to reduce chances of accidents and improve passenger safety. As a result, automotive manufacturers are employing MEMS accelerometers in safety systems such as airbag deployment. This will boost the global gyroscope and accelerometer market.
Similarly, increasing usage of high-acceleration accelerometers in small-diameter missiles, automated aircraft, and underwater navigation systems will elevate accelerometer and gyroscope sales during the projection period.
Low Accuracy of Accelerometer and Gyroscopes and Lack of Standards Limiting Market Expansion
Despite several benefits, there are a few limitations and obstacles that would slow the expansion of the market as a whole. The market's expansion is being hampered by a shortage of qualified employees as well as by a lack of standards and procedures.
Similarly, the market for accelerometers is experiencing numerous significant issues as a result of the restricted precision of accelerometers in specific industries. This poses significant problems because the inertial navigation system is used in conjunction with accelerometers and gyroscopes in complex systems such as spacecraft, satellites, and missiles.
Further, frequent maintenance and the associated expenses could be obstacles to expansion of accelerometer and gyroscope industry.
| Country | USA |
|---|---|
| Historical CAGR (2018 to 2023) | 2.1% |
| Anticipated CAGR (2023 to 2033) | 3.1% |
| Market Value (2033) | USD 738.3 million |
| Country | United Kingdom |
|---|---|
| Historical CAGR (2018 to 2023) | 0.7% |
| Anticipated CAGR (2023 to 2033) | 2.7% |
| Market Value (2033) | USD 123.2 million |
| Country | China |
|---|---|
| Historical CAGR (2018 to 2023) | 5.6% |
| Anticipated CAGR (2023 to 2033) | 7.1% |
| Market Value (2033) | USD 1.2 billion |
| Country | Japan |
|---|---|
| Historical CAGR (2018 to 2023) | 4.4% |
| Anticipated CAGR (2023 to 2033) | 5.3% |
| Market Value (2033) | USD 739.8 million |
| Country | South Korea |
|---|---|
| Historical CAGR (2018 to 2023) | 4.6% |
| Anticipated CAGR (2023 to 2033) | 6.5% |
| Market Value (2033) | USD 289.0 million |
Booming Aerospace and Defense Sector to Boost Accelerometer and Gyroscope Sales in the USA
According to Future Market Insights, the USA accelerometer and gyroscope market is expected to witness a growth rate of 3.1% CAGR during the forecast period, reaching a total valuation of USD 738.3 million by 2033.
Between 2023 and 2033, the United States market is forecast to generate an absolute $ growth of USD 191.9 million. The accelerometer and gyroscope device industry in the United States of America witnessed a CAGR of 2.1% during the historical period from 2018 to 2022.
Rapid expansion of aerospace & defense sector due to increasing government spending and high adoption of advanced technologies are key factors driving accelerometer and gyroscope demand across the USA.
In recent years, there has been a dramatic increase in military spending across the United States. For instance, as per the EXECUTIVEGOV, the USA defense budget and military spending reached a colossal amount of USD 801 billion in 2021. This in turn is positively influencing accelerometer and gyroscope demand as these devices are being increasingly used in aircraft, submarines, ships, etc.
Similarly, increasing production and sales of consumer electronics and strong presence of leading accelerometer and gyroscope manufacturers that are constantly striving to introduce new products will bode well for the USA market.
Several USA-based companies are launching new products into the market to meet end user demand. For example, in April 2021, new small inertial measuring devices, the HG1125 and HG1126 from Honeywell, were released.
The company's goal with this introduction was to give its clients industry-leading precision and durability to withstand high-shock settings. The new devices also have affordable prices and have both industrial and military uses.
Rapid Expansion of Automotive and Consumer Electronics Industries Propelling Demand in China
The China accelerometer and gyroscope market is forecast to exhibit a CAGR of 5.6% between 2023 and 2033, reaching a valuation of USD 1.2 billion. Overall accelerometer and gyroscope sales in the country are likely to create an absolute $ opportunity of USD 505.4 million during the assessment period.
Accelerometer and gyroscope demand across China is driven by robust growth of electronics and automotive industries, favorable government support, and high military spending. China is one of the leading consumers of accelerometers and gyroscopes owing to the rising usage of these devices in defense, automotive and industrial sectors.
Further, heavy presence of leading players such as Skymems INC and availability of advanced products at lower prices will aid in the expansion of accelerometer and gyroscope industry across China.
Accelerometer Remains the Top Selling Type Worldwide
Based on type, the global accelerometer and gyroscope industry is segmented into accelerometer and gyroscope. Among these, accelerometer segment holds a significant market share and it is likely to retain its dominance during the assessment period. This is attributed to rising application of accelerometers across various industries, especially automotive.
FMI predicts the accelerometer segment to accelerate at 4.1% CAGR between 2023 and 2033, generating significant revenues by the end of 2033. During the historical period from 2018 to 2022, the accelerometer segment grew at 4.9% CAGR.
Accelerometers are devices that measure proper acceleration and are being increasingly used in various electronic devices, smartphones, and wearable devices. They also find usage in biomedical applications.
Rising production and sales of consumer electronics, automobiles, medical devices, and other electronic items that use accelerometers will boost growth of the target segment during the forecast period.
Leading accelerometer and gyroscope manufacturers are always coming up with innovative ways to provide high-quality products, as well as patent their technologies and products and expand their product lines. They are also trying to bring down the cost of production by using advanced technology.
Recent Developments:
| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | USD 3.1 billion |
| Projected Market Size (2033) | USD 4.7 billion |
| Anticipated Growth Rate (2023 to 2033) | 4.2% CAGR |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD Million for Value and Tons for Volume |
| Key Countries Covered | USA, Canada, Brazil, Mexico, Germany, Italy, France, United Kingdom, Spain, BENELUX, Russia, China, Japan, South Korea, India, ASEAN, Australia and New Zealand, Gulf Co-operation Council Countries, Türkiye, Northern Africa, and South Africa |
| Key Segments Covered | Type, Dimension, Industrial Vertical Grade, and Region |
| Key Companies Profiled | Analog Devices INC; Honeywell International; InvenSense, Inc.; STMicroelectronics; KIONIX, Inc.; Murata Manufacturing Co., Ltd.; NXP Semiconductor; Sensonor AS; Robert Bosch GmbH |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 4: Global Market Volume (Units) Forecast by Type, 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by Dimension, 2018 to 2033
Table 6: Global Market Volume (Units) Forecast by Dimension, 2018 to 2033
Table 7: Global Market Value (US$ Million) Forecast by Industry Vertical, 2018 to 2033
Table 8: Global Market Volume (Units) Forecast by Industry Vertical, 2018 to 2033
Table 9: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 10: North America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 11: North America Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 12: North America Market Volume (Units) Forecast by Type, 2018 to 2033
Table 13: North America Market Value (US$ Million) Forecast by Dimension, 2018 to 2033
Table 14: North America Market Volume (Units) Forecast by Dimension, 2018 to 2033
Table 15: North America Market Value (US$ Million) Forecast by Industry Vertical, 2018 to 2033
Table 16: North America Market Volume (Units) Forecast by Industry Vertical, 2018 to 2033
Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 19: Latin America Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 20: Latin America Market Volume (Units) Forecast by Type, 2018 to 2033
Table 21: Latin America Market Value (US$ Million) Forecast by Dimension, 2018 to 2033
Table 22: Latin America Market Volume (Units) Forecast by Dimension, 2018 to 2033
Table 23: Latin America Market Value (US$ Million) Forecast by Industry Vertical, 2018 to 2033
Table 24: Latin America Market Volume (Units) Forecast by Industry Vertical, 2018 to 2033
Table 25: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Europe Market Volume (Units) Forecast by Country, 2018 to 2033
Table 27: Europe Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 28: Europe Market Volume (Units) Forecast by Type, 2018 to 2033
Table 29: Europe Market Value (US$ Million) Forecast by Dimension, 2018 to 2033
Table 30: Europe Market Volume (Units) Forecast by Dimension, 2018 to 2033
Table 31: Europe Market Value (US$ Million) Forecast by Industry Vertical, 2018 to 2033
Table 32: Europe Market Volume (Units) Forecast by Industry Vertical, 2018 to 2033
Table 33: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 34: Asia Pacific Market Volume (Units) Forecast by Country, 2018 to 2033
Table 35: Asia Pacific Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 36: Asia Pacific Market Volume (Units) Forecast by Type, 2018 to 2033
Table 37: Asia Pacific Market Value (US$ Million) Forecast by Dimension, 2018 to 2033
Table 38: Asia Pacific Market Volume (Units) Forecast by Dimension, 2018 to 2033
Table 39: Asia Pacific Market Value (US$ Million) Forecast by Industry Vertical, 2018 to 2033
Table 40: Asia Pacific Market Volume (Units) Forecast by Industry Vertical, 2018 to 2033
Table 41: Middle East & Africa Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 42: Middle East & Africa Market Volume (Units) Forecast by Country, 2018 to 2033
Table 43: Middle East & Africa Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 44: Middle East & Africa Market Volume (Units) Forecast by Type, 2018 to 2033
Table 45: Middle East & Africa Market Value (US$ Million) Forecast by Dimension, 2018 to 2033
Table 46: Middle East & Africa Market Volume (Units) Forecast by Dimension, 2018 to 2033
Table 47: Middle East & Africa Market Value (US$ Million) Forecast by Industry Vertical, 2018 to 2033
Table 48: Middle East & Africa Market Volume (Units) Forecast by Industry Vertical, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Type, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Dimension, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Industry Vertical, 2023 to 2033
Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 6: Global Market Volume (Units) Analysis by Region, 2018 to 2033
Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 9: Global Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 10: Global Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 11: Global Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 12: Global Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 13: Global Market Value (US$ Million) Analysis by Dimension, 2018 to 2033
Figure 14: Global Market Volume (Units) Analysis by Dimension, 2018 to 2033
Figure 15: Global Market Value Share (%) and BPS Analysis by Dimension, 2023 to 2033
Figure 16: Global Market Y-o-Y Growth (%) Projections by Dimension, 2023 to 2033
Figure 17: Global Market Value (US$ Million) Analysis by Industry Vertical, 2018 to 2033
Figure 18: Global Market Volume (Units) Analysis by Industry Vertical, 2018 to 2033
Figure 19: Global Market Value Share (%) and BPS Analysis by Industry Vertical, 2023 to 2033
Figure 20: Global Market Y-o-Y Growth (%) Projections by Industry Vertical, 2023 to 2033
Figure 21: Global Market Attractiveness by Type, 2023 to 2033
Figure 22: Global Market Attractiveness by Dimension, 2023 to 2033
Figure 23: Global Market Attractiveness by Industry Vertical, 2023 to 2033
Figure 24: Global Market Attractiveness by Region, 2023 to 2033
Figure 25: North America Market Value (US$ Million) by Type, 2023 to 2033
Figure 26: North America Market Value (US$ Million) by Dimension, 2023 to 2033
Figure 27: North America Market Value (US$ Million) by Industry Vertical, 2023 to 2033
Figure 28: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 29: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 30: North America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 33: North America Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 34: North America Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 35: North America Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 36: North America Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 37: North America Market Value (US$ Million) Analysis by Dimension, 2018 to 2033
Figure 38: North America Market Volume (Units) Analysis by Dimension, 2018 to 2033
Figure 39: North America Market Value Share (%) and BPS Analysis by Dimension, 2023 to 2033
Figure 40: North America Market Y-o-Y Growth (%) Projections by Dimension, 2023 to 2033
Figure 41: North America Market Value (US$ Million) Analysis by Industry Vertical, 2018 to 2033
Figure 42: North America Market Volume (Units) Analysis by Industry Vertical, 2018 to 2033
Figure 43: North America Market Value Share (%) and BPS Analysis by Industry Vertical, 2023 to 2033
Figure 44: North America Market Y-o-Y Growth (%) Projections by Industry Vertical, 2023 to 2033
Figure 45: North America Market Attractiveness by Type, 2023 to 2033
Figure 46: North America Market Attractiveness by Dimension, 2023 to 2033
Figure 47: North America Market Attractiveness by Industry Vertical, 2023 to 2033
Figure 48: North America Market Attractiveness by Country, 2023 to 2033
Figure 49: Latin America Market Value (US$ Million) by Type, 2023 to 2033
Figure 50: Latin America Market Value (US$ Million) by Dimension, 2023 to 2033
Figure 51: Latin America Market Value (US$ Million) by Industry Vertical, 2023 to 2033
Figure 52: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 54: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 57: Latin America Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 58: Latin America Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 59: Latin America Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 61: Latin America Market Value (US$ Million) Analysis by Dimension, 2018 to 2033
Figure 62: Latin America Market Volume (Units) Analysis by Dimension, 2018 to 2033
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Dimension, 2023 to 2033
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Dimension, 2023 to 2033
Figure 65: Latin America Market Value (US$ Million) Analysis by Industry Vertical, 2018 to 2033
Figure 66: Latin America Market Volume (Units) Analysis by Industry Vertical, 2018 to 2033
Figure 67: Latin America Market Value Share (%) and BPS Analysis by Industry Vertical, 2023 to 2033
Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Industry Vertical, 2023 to 2033
Figure 69: Latin America Market Attractiveness by Type, 2023 to 2033
Figure 70: Latin America Market Attractiveness by Dimension, 2023 to 2033
Figure 71: Latin America Market Attractiveness by Industry Vertical, 2023 to 2033
Figure 72: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 73: Europe Market Value (US$ Million) by Type, 2023 to 2033
Figure 74: Europe Market Value (US$ Million) by Dimension, 2023 to 2033
Figure 75: Europe Market Value (US$ Million) by Industry Vertical, 2023 to 2033
Figure 76: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 77: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 78: Europe Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 81: Europe Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 82: Europe Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 83: Europe Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 84: Europe Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 85: Europe Market Value (US$ Million) Analysis by Dimension, 2018 to 2033
Figure 86: Europe Market Volume (Units) Analysis by Dimension, 2018 to 2033
Figure 87: Europe Market Value Share (%) and BPS Analysis by Dimension, 2023 to 2033
Figure 88: Europe Market Y-o-Y Growth (%) Projections by Dimension, 2023 to 2033
Figure 89: Europe Market Value (US$ Million) Analysis by Industry Vertical, 2018 to 2033
Figure 90: Europe Market Volume (Units) Analysis by Industry Vertical, 2018 to 2033
Figure 91: Europe Market Value Share (%) and BPS Analysis by Industry Vertical, 2023 to 2033
Figure 92: Europe Market Y-o-Y Growth (%) Projections by Industry Vertical, 2023 to 2033
Figure 93: Europe Market Attractiveness by Type, 2023 to 2033
Figure 94: Europe Market Attractiveness by Dimension, 2023 to 2033
Figure 95: Europe Market Attractiveness by Industry Vertical, 2023 to 2033
Figure 96: Europe Market Attractiveness by Country, 2023 to 2033
Figure 97: Asia Pacific Market Value (US$ Million) by Type, 2023 to 2033
Figure 98: Asia Pacific Market Value (US$ Million) by Dimension, 2023 to 2033
Figure 99: Asia Pacific Market Value (US$ Million) by Industry Vertical, 2023 to 2033
Figure 100: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 101: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 102: Asia Pacific Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 103: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 104: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 105: Asia Pacific Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 106: Asia Pacific Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 107: Asia Pacific Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 108: Asia Pacific Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 109: Asia Pacific Market Value (US$ Million) Analysis by Dimension, 2018 to 2033
Figure 110: Asia Pacific Market Volume (Units) Analysis by Dimension, 2018 to 2033
Figure 111: Asia Pacific Market Value Share (%) and BPS Analysis by Dimension, 2023 to 2033
Figure 112: Asia Pacific Market Y-o-Y Growth (%) Projections by Dimension, 2023 to 2033
Figure 113: Asia Pacific Market Value (US$ Million) Analysis by Industry Vertical, 2018 to 2033
Figure 114: Asia Pacific Market Volume (Units) Analysis by Industry Vertical, 2018 to 2033
Figure 115: Asia Pacific Market Value Share (%) and BPS Analysis by Industry Vertical, 2023 to 2033
Figure 116: Asia Pacific Market Y-o-Y Growth (%) Projections by Industry Vertical, 2023 to 2033
Figure 117: Asia Pacific Market Attractiveness by Type, 2023 to 2033
Figure 118: Asia Pacific Market Attractiveness by Dimension, 2023 to 2033
Figure 119: Asia Pacific Market Attractiveness by Industry Vertical, 2023 to 2033
Figure 120: Asia Pacific Market Attractiveness by Country, 2023 to 2033
Figure 121: Middle East & Africa Market Value (US$ Million) by Type, 2023 to 2033
Figure 122: Middle East & Africa Market Value (US$ Million) by Dimension, 2023 to 2033
Figure 123: Middle East & Africa Market Value (US$ Million) by Industry Vertical, 2023 to 2033
Figure 124: Middle East & Africa Market Value (US$ Million) by Country, 2023 to 2033
Figure 125: Middle East & Africa Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 126: Middle East & Africa Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 127: Middle East & Africa Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 128: Middle East & Africa Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 129: Middle East & Africa Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 130: Middle East & Africa Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 131: Middle East & Africa Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 132: Middle East & Africa Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 133: Middle East & Africa Market Value (US$ Million) Analysis by Dimension, 2018 to 2033
Figure 134: Middle East & Africa Market Volume (Units) Analysis by Dimension, 2018 to 2033
Figure 135: Middle East & Africa Market Value Share (%) and BPS Analysis by Dimension, 2023 to 2033
Figure 136: Middle East & Africa Market Y-o-Y Growth (%) Projections by Dimension, 2023 to 2033
Figure 137: Middle East & Africa Market Value (US$ Million) Analysis by Industry Vertical, 2018 to 2033
Figure 138: Middle East & Africa Market Volume (Units) Analysis by Industry Vertical, 2018 to 2033
Figure 139: Middle East & Africa Market Value Share (%) and BPS Analysis by Industry Vertical, 2023 to 2033
Figure 140: Middle East & Africa Market Y-o-Y Growth (%) Projections by Industry Vertical, 2023 to 2033
Figure 141: Middle East & Africa Market Attractiveness by Type, 2023 to 2033
Figure 142: Middle East & Africa Market Attractiveness by Dimension, 2023 to 2033
Figure 143: Middle East & Africa Market Attractiveness by Industry Vertical, 2023 to 2033
Figure 144: Middle East & Africa Market Attractiveness by Country, 2023 to 2033
The global accelerometer and gyroscope market size is currently valued at USD 3.1 billion.
Global accelerometer and gyroscope sales are forecast to rise at around 4.2% CAGR from 2023 to 2033.
As per FMI, the worldwide accelerometer and gyroscope industry is projected to reach a valuation of USD 4.7 billion in 2033.
The value of the accelerometer and gyroscope industry increased at a CAGR of around 5.1% between 2018 and 2022.
The global accelerometer industry is anticipated to expand as a result of the rising installation and use of MEMS accelerometers in high-end applications due to benefits such as small size, improved performance, and reduced power consumption.
Accelerometer and gyroscope sales in China are expected to increase at a CAGR of around 5.6% from 2023 to 2033.
Between 2023 and 2033, the market for accelerometers and gyroscopes in the USA is forecast to expand at a CAGR of around 3.1%.
FMI predicts accelerometer and gyroscope sales across South Korea and Japan to increase at 4.6% and 4.4% CAGRs respectively.
The market in 2023 is valued at USD 3.1 billion.
The market is estimated to record a 4.2% CAGR through 2033.
From 2018 to 2022, the market expanded at a 5.1% CAGR.
The United States is anticipated to expand at a 3.1% CAGR through 2033.
Honeywell International, KIONIX, Inc., and InvenSense, Inc. are the prominent market players.
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Accelerometer and Gyroscope Market
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