DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Accelerometer & Gyroscope Market by Type, Dimension, Industry Vertical - Global Opportunity Analysis and Industry Forecast, 2014 - 2022" report to their offering.
The report forecasts the accelerometer & gyroscope market to reach $5 billion by 2022, growing at a CAGR of 7.0% from 2016 to 2022. The MEMS accelerometer segment held major share among all the accelerometers in 2015.
Factors that assist the market growth include increase in demand for consumer electronics, rise in number of vehicles globally, and high military spending. However, low accuracy of these sensors restrains the market growth. Increase in automation for vehicles and low power consumption & small size are anticipated to provide numerous opportunities for market growth during the forecast period.
In 2015, accelerometer contributed a major share in the market, and is expected to maintain its dominant position throughout the analysis period, due to its extensive usage across defense applications such as missile launch and control; in air bags of cars to activate them in case of sudden impact; and in several consumer electronic equipment. However, gyroscope is expected to grow with the highest CAGR of 7.3% during the forecast period.
- Analog Devices
- Honeywell International Inc.
- Murata Manufacturing Co.
- Northrop Grumman Litef Gmbh
- Nxp Semiconductors
- Robert Bosch Gmbh
- Sensonor As
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Accelerometer & Gyroscope Market, By Type
Chapter 5 Global Accelerometer & Gyroscope Market, By Dimension
Chapter 6 Global Accelerometer & Gyroscope Market, By Industry Vertical
Chapter 7 Global Accelerometer & Gyroscope Market, By Geography
Chapter 8 Related Industry Insights
Chapter 9 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/2nsqws/accelerometer_and