Press release
Automotive Gyroscope Market to Reach USD 2.33 Bn by 2029, emerging at a CAGR of 5.14 percent and forecast 2023-2029
Automotive Gyroscope Market
The report delves into the diverse applications of gyroscopes in the automotive sector, categorized by vehicle type, technology type, and technological advancements. It provides comprehensive insights into market dynamics, analyzing regional market sizes and growth drivers.
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What are Automotive Gyroscope Market Dynamics:
The microchip-packaged MEMS gyroscopes are usually called as gyro-meter. Increasing automation in vehicle and better safety driving the growth of automotive gyroscope market.The report covers the application of gyroscope in the automotive according to vehicle type, technology type, and advancement in technology. The dynamics in automotive market growth are closely analyzed to study market size by region.
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Automotive Gyroscope Market Regional Insights:
Asia-Pacific: Leading the market in terms of size and manufacturing, Asia-Pacific is witnessing robust demand for gyroscopes, particularly in developing countries like China, India, South Korea, and Japan. The region's burgeoning automotive sector, coupled with advancements in vehicle technology, is fueling the demand for automotive gyroscopes, especially with the rapid growth of electric vehicles.
North America: Boasting a significant market share, North America is poised for substantial growth, driven by the increasing adoption of premium vehicles and advanced safety technologies. The region's automotive gyroscope market is expected to witness a notable CAGR during the forecast period, particularly fueled by the proliferation of autonomous driving vehicles.
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What is Automotive Gyroscope Market Segmentation:
by Technology
MEMS Gyroscope
Fibre Optic Gyroscope(FOG)
Ring Laser Gyroscope (RLG)
Hemispherical Resonating Gyroscope (HRG)
Dynamically Tuned Gyroscopes (DTG)
Other Technologies
by Dimension
1 Axis
2 Axis
3 Axis
by Application
Passenger Vehicle
Commercial Vehicle
Two Wheeler
Other Application
Who are Automotive Gyroscope Market Key Players:
1. Analog Devices Inc.
2. Colibrys Ltd.
3. Fizoptika Corp.
4. Honeywell International, Inc.
5. InnaLabs
6. InvenSense, Inc.
7. Kionix, Inc.
8. KVH Industries, Inc.
9. Murata Manufacturing Co., Ltd.
10.Northrop Grumman LITEF GmbH
11.NXP Semiconductors N.V.
12.Robert Bosch GmbH
13.Sensonsor AS
14.STMicroelectronics N.V.
15.Systron Donner Inertial
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Table of content for the Automotive Gyroscope Market includes:
Global Automotive Gyroscope Market: Research Methodology
Global Automotive Gyroscope Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Automotive Gyroscope Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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