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GYRO Sensor Market

GYRO Sensor Market Size Analysis –By Type- By Dimension- By Industry – By Region - Market Size, Share and Forecast to 2025

  • ID : 4202439  |  
  • Published : Nov-2017  |  
  • Region : Global  |  
  • Pages : 163   |  
  • Publisher : 9Dimen Research

GYRO Sensor Market Overview:

A gyroscope is a device used to control the angular movement of a mechanical object. GYRO Sensor Market was valued at USD 4 billion, and is projected to reach USD 6 billion in the next five years, growing at a CAGR of 7.0%.

Factors Driving the Growth and Demand in GYRO Sensor Market:

  • Key factors that drive the growth of the global GYRO Sensor Market include increase in demand for consumer electronics, rise in number of vehicles, and high military spending across the globe.

  • Vibration gyros are expected to grow in areas such as vehicle car navigation support systems, robot motion controlling and vehicle driver safety solution systems.

  • Rise in demand for wearable electronics, high use of internet of things, and escalation in requirement of unmanned vehicles create new opportunities in the market.
  • Increase in automation for vehicles and low power consumption & small size are expected to create new opportunities for the expansion in gyroscope industry.

However, low accuracy acts as a restraining factor to this growth. High investment that is required for the research and development along with the ratio of low cost-benefit are also restraining the market growth.

Consumer electronics segment dominated with more share in accelerometer & GYRO Sensor Market, as they are used in smartphones, laptop, and notebook computers. In mobile phones, these sensors are used to provide features such as better image, shock sensing, scrolling feature, gaming control, activation of silent mode, and motion dialing. The rise in sales of consumer electronic equipment globally drives the need for gyroscopes.

Geographical Analysis of GYRO Sensor Market:

Geographically, Asia-Pacific accounted for over two-thirds of the GYRO Sensor Market, and is expected to retain its dominant position, due to high share in consumer electronics market, rise in defense budget, and increase in industrialization in the countries.

Key Players in GYRO Sensor Market:

  • Analog Devices, Inc.

  • Honeywell International Inc.

  • InvenSense, Inc.
  • KIONIX, Inc.
  • Murata Manufacturing Co., Ltd.
  • Northrop Grumman LITEF GmbH
  • NXP Semiconductors
  • Robert Bosch GmbH
  • Sensonor AS
  • STMicroelectronics

GYRO Sensor Market Key Segmentation:

By Type

  • Accelerometer

    • MEMS Accelerometer
    • Piezoelectric Accelerometer
    • Others

  • Gyroscope

    • MEMS Gyroscope
    • Fiber-Optic Gyroscope (FOG)
    • Ring Layer Gyroscope (RLG)

By Dimension

  • 1-Axis
  • 2-Axis
  • 3-Axis

By Industry

  • Consumer Electronics
  • Automotive
  • Aerospace & Defense
  • Industrial
  • Healthcare

GYRO Sensor Market - By Regions:

  • North America

  • Europe

  • Asia Pacific

  • Latin America
  • Middle East & Africa

SUMMARY

The gyro sensors market is fragmented owing to the presence of locals as well as international tech giants. The players are focusing on strengthening their product with the adoption of several strategies including new product developments, partnerships, mergers and acquisitions, etc., in order to gain competitive edge over other players. On the other hand, limitations such as time and complexity in terms of the manufacturing process challenge the market.

Table of Contents:

  1. Introduction                                                                      
  2. Research Methodology                                                                   

    1. Analysis Design                                             

      1. Research Phases                                                            
      2. Secondary Research                                  
      3. Primary Research                                      
      4. Expert Validation                                       

    2. Study Timeline                                                

  3. Overview                                                                         

    1. Executive Summary                                                      
    2. Key Inferences                                                
    3. New Developments                                                      

  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                             

    1. GYRO Sensor Market Drivers                                               
    2. GYRO Sensor Market Restraints                                                         
    3. Key Challenges                                               
    4. Current Opportunities in the GYRO Sensor Market

  5. GYRO Sensor Market Segmentation                                                                    

    1. By Type

      1. Accelerometer

        1. MEMS Accelerometer
        2. Piezoelectric Accelerometer
        3. Others

      2. Gyroscope

        1. MEMS Gyroscope
        2. Fiber-Optic Gyroscope (FOG)
        3. Ring Layer Gyroscope (RLG)

    2. By Dimension

      1. 1-Axis
      2. 2-Axis
      3. 3-Axis

    3. By Industry Vertical

      1. Consumer Electronics
      2. Automotive
      3. Aerospace & Defense
      4. Industrial
      5. Healthcare

  6. Geographical Analysis                                                                    

    1. North America

      1. U.S
      2. Canada
      3. Mexico

    2. Europe

      1. Germany
      2. France
      3. UK
      4. Italy
      5. Spain
      6. Rest of Europe

    3. Asia-Pacific

      1. Japan
      2. China
      3. Australia
      4. India
      5. South Korea
      6. Rest of Asia-Pacific

    4. Rest of the World

      1. Brazil
      2. South Africa
      3. Saudi Arabia
      4. Turkey
      5. United Arab Emirates
      6. Others

  7. Strategic Analysis                                                            

    1. PESTLE analysis                                             

      1. Political                                     
      2. Economic                                   
      3. Social                                          
      4. Technological                             
      5. Legal                                           
      6. Environmental                                            

    2. Porter’s five analysis                                                    

      1. Bargaining Power of Suppliers                                  
      2. Bargaining Power of Consumers                               
      3. Threat of New Entrants                             
      4. Threat of Substitute Products and Services                               
      5. Competitive Rivalry within the Industry          

    3. Supply Chain Analysis

      1. Raw Material Suppliers
      2. Manufacturers/Producers
      3. Distributors/Retailers/Wholesalers/E-Commerce
      4. End Users

  8. GYRO Sensor Market Leaders' Analysis      

    1. Analog Devices, Inc.

      1. Product Analysis                                        
      2. Strategic Evaluation and Operations                                          
      3. Financial analysis                                        
      4. Legal issues                                
      5. Recent Developments                               
      6. SWOT analysis                                            
      7. Analyst View      

    2. Honeywell International Inc.
    3. InvenSense, Inc.
    4. KIONIX, Inc.
    5. Murata Manufacturing Co., Ltd.
    6. Northrop Grumman LITEF GmbH
    7. NXP Semiconductors
    8. Robert Bosch GmbH
    9. Sensonor AS
    10. STMicroelectronics

  9. Competitive Landscape                                                                   

    1. GYRO Sensor Market share analysis                                                    
    2. Merger and Acquisition Analysis                                                   
    3. Agreements, collaborations and Joint Ventures                                                          
    4. New Product Launches                                                  

  10. Expert Opinions                                                             

    1. GYRO Sensor Market Outlook                                                            
    2. Investment Opportunities                                                           

  11. Appendix                                                              

    1. List of Tables                          
    2. List of Figures

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