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Global MEMS Gyroscope Market to Grow at a CAGR of 9.1% over the Period 2015 - 2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global MEMS Gyroscope Market 2014 - 2019” research report to their website


Lewes, DE -- (SBWIRE) -- 03/11/2015 -- Report forecast the Global MEMS Gyroscope market to grow at a CAGR of 9.1 percent over the period 2014-2019.

MEMS gyroscopes are motion sensors that detect and measure the angular motion of an object. It measures the rate of rotation of an object around a particular axis. 1-axis, 2-axis, and 3-axis gyroscopes, capable of measuring velocity in three directions, are available in the market. Currently, 3-axis gyroscopes are combined with 3-axis accelerometers and 3-axis magnetometers to achieve 9 DOF, and these are generally used in consumer electronics. The increased demand for mobile devices has propelled the growth of the MEMS Gyroscopes market. The cost of MEMS gyroscopes is expected to decline drastically during the forecast period, leading to its increased adoption.

This report covers the present scenario and the growth prospects of the Global MEMS Gyroscope market during the period 2014-2019. To calculate the market size, the report considers revenue generated from the sales of MEMS gyroscopes across the following segments:

- Mobile Devices (Smartphones and Tablets)
- Cameras and Camcorders
- Gaming Consoles

It also presents the vendor landscape and a corresponding detailed analysis of the top four leading vendors in the Global MEMS Gyroscope market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

According to the lead analyst of this report,the adoption of smart lifestyle wearable devices is a positive trend in the market. The growing requirement for smart devices like fitness and health devices, smartwatches, GPS-enabled devices and gaming consoles has increased the demand for MEMS gyroscopes, which is an integral part of these devices.

According to the report, the need to develop advanced applications in mobile devices is a key driver in the market, which is expected to fuel the demand for MEMS gyroscopes. Vendors are developing new applications that use in-built sensors to analyze the different activities of consumers.

Further, the report states that increased competition among vendors will pose a serious challenge in the market. Large vendors in the semiconductor industry are acquiring small players to maintain a competitive edge in the market and also benefit from the expertise of the acquired organizations.

Global MEMS Gyroscope market 2014-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global MEMS Gyroscope market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

This report covers the following companies as the key players in the Global MEMS Gyroscope Market: Analog Devices Inc., Bosch Sensortec, InvenSense Inc. and STMicroelectronics NV.

Other Prominent Vendors in the market are: Epson Toyocom, Kionix (ROHM), Maxim Integrated, Memsic and Murata.

Key Regions
- Americas

Market Driver
- High Demand from Manufacturers of Mobile Devices
- For a full, detailed list, view our report

Market Challenge
- Intense Competition
- For a full, detailed list, view our report

Market Trend
- New Applications
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2018 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?

Spanning over 61 pages, "Global MEMS Gyroscope Market 2014 - 2019" report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Application Segmentation, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

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