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Global MEMS Inertial Sensor Market 2015 - Industry Analysis, Strategy, Size, Share, Growth, Trends and Forecast-2019

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Albany, NY -- (SBWIRE) -- 07/27/2015 -- About MEMS Inertial Sensors

MEMS inertial sensors are devices that detect and measure tilt, shock, rotation, vibration or any other types of motion. These sensors are mainly of three types, namely accelerometers, gyroscopes and magnetometers. Inertial sensors were earlier used in aerospace and military navigation, but due to the introduction of MEMS technology, the sensors are now used in segments, like automotive, consumer, medical, industrial and communications. The MEMS technology has helped to reduce the size of the sensors making it cost effective and efficient, and compatible at the same time. The MEMS inertial sensors market is witnessing a rapid growth with technological advancements, such as sensor fusion, in which two or three sensors are combined together to form one sensor.

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Technavio predicts that the global MEMS inertial sensors market to grow at a CAGR of 14 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and growth prospects of the global MEMS inertial sensors market during 2015-2019. To calculate the market size, the report considers revenue generated from the consumer and automotive segment for the MEMS inertial sensors market. This report also covers the market segmentation by application, which includes smartphones, tablets, gaming, wearables and other consumer electronics.

The report is based on an in-depth market analysis, with inputs from industry experts. It also discusses the key vendors operating in this market.

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Key Regions

Americas

EMEA

APAC

Key Vendors

Ashai kasei Microdevices Corp.

Robert Bosch GmbH

InvenSense Inc.

STMicroelectronics N. V.

Other Prominent Vendors

Alps Electric Co. Ltd.

Analog Devices Inc.

Freescale Semiconductor Ltd.

Kionix Inc.

Memsic Inc.

Texas Instruments Inc.

Key Market Driver

High Demand for Smartphones

For a full, detailed list, view our report

Key Market Challenge

Accuracy and Calibration Issues during Sensor Fusion

For a full, detailed list, view our report

Key Market Trend

Rise in Miniaturization

For a full, detailed list, view our report

Key Questions Answered in this Report

What will the market size be in 2019 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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