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Accelerometers Market by Type (Analog Accelerometer and Digital Accelerometer) End-user Industry (Aerospace & Defense, Automotive) By Application (Navigation, Transport) Forecast 2023

01-29-2019 10:33 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Accelerometers Market

Accelerometers Market

The global accelerometer market is segmented on the basis of by type, end-user industry, application, and geography. By type, the market is bifurcated into analog accelerometer and digital accelerometer. By end-user industry, the market is categorized into aerospace & defense, automotive, industrial, consumer electronics, and others. By application, it is divided into navigation, transport, and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The increase in popularity and benefits associated with MEMS technology fuels the adoption of digital accelerometer and is expected to drive the growth of market in coming years. Further, rise in demand of improving accuracy in navigation and growth of aerospace industry also boost the growth of the market. However, complexity and costs involved in accelerometers continue to restrain the growth of this market. Opportunities such integration of sensors and Internet of Things (IoT) in accelerometers can further improve the scope of accelerometers in industrial application.

Accelerometers are electromechanical devices that provide measurement of static, constant, or dynamic acceleration. Further, the measurement of static acceleration along with programmable code has various applications in engineering and computational world such as laptops, smartphones, and systems.
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At present, the global accelerometers market in dominated by Aeron, Honeywell, Ixblue, L3 Communications, Lord Microstain, MEMSIC, SBG Systems, Systron Donner, Inc., Trimble Navigation, and Vectornav Technologies.

KEY BENEFITS FOR STAKEHOLDERS
• The study provides an in-depth analysis of the global accelerometers market and current & future trends to elucidate the imminent investment pockets.
• Information about key drivers, restrains, and opportunities is provided.
• Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
• The quantitative analysis of the global market from 2016 to 2023 is provided to determine the market potential.

Global Accelerometers Market Key Segments

By Type
• Analog Accelerometer
• Digital Accelerometer

By End-user Industry
• Aerospace & Defense
• Automotive
• Industrial
• Consumer Electronics
• Others

By Application
• Navigation
• Transport
• Others

By Region
• North America
• Europe
• Asia-Pacific
• LAMEA

KEY MARKET PLAYERS PROFILED IN THE REPORT
• Aeron
• Honeywell
• Ixblue
• L3 Communications
• Lord Microstain
• MEMSIC
• SBG Systems
• Systron Donner, Inc.
• Trimble Navigation
• Vectornav Technologies

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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