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Global Accelerometers Market Outlook & Future Growth Opportunities- 2021-2028 | Key Segments, Drivers and Restraints

03-08-2021 06:12 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
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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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.

Key Segments

By Type

Analog Accelerometer
Digital Accelerometer

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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 Players

Aeron
Honeywell
Ixblue
L3 Communications
Lord Microstain
MEMSIC
SBG Systems
Systron Donner, Inc.
Trimble Navigation
Vectornav Technologies

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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