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MEMS Gyroscopes Ride The Wave Of Surging Automotive Production: An Emerging Driver Transforming The Micro-Electromechanical Systems (MEMS) Gyroscopes Market Landscape
The Micro-Electromechanical Systems (MEMS) Gyroscopes Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Micro-Electromechanical Systems (MEMS) Gyroscopes Market?
The size of the micro-electromechanical systems (MEMS) gyroscopes market has seen substantial growth recently. The market is predicted to expand from $2.38 billion in 2024 to $2.62 billion in 2025, experiencing a compound annual growth rate (CAGR) of 9.8%. Factors such as the increased demand for consumer electronics, the upsurge in automotive applications, the arrival of wearable devices, and cost reduction have contributed to the growth observed in the historical timeframe.
The market size of micro-electromechanical systems (MEMS) gyroscopes is projected to experience robust growth in the forthcoming years. It is anticipated to swell to $3.55 billion in 2029, with a compound annual growth rate (CAGR) of 7.9%. This predicted expansion in the forecasted time frame can be linked to the proliferation of IoT applications, the rise in wearable health tech, autonomous vehicles, and robotics, and the enforcement of regularity compliance. Forecast period trends encompass ultra-miniaturization, enhanced performance, multi-axis gyroscopes, designs that consume low power, sensor fusion, and advanced calibration techniques.
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What Are the Different Micro-Electromechanical Systems (MEMS) Gyroscopes Market Segments?
The micro-electromechanical systems (MEMS) gyroscopes market covered in this report is segmented -
1) By Type: Vibrating Wheel, Tuning Fork, Foucault Pendulum, Wine Glass Resonator, Other Types
2) By Application: Mobile Devices, Cameras And Camcorders, Gaming Consoles, Other Applications
3) By End-Use Industry: Consumer Electronics, Automotive, Aerospace And Defense, Industrial, Marine, Other End Use Industries
Subsegments:
1) By Vibrating Wheel: Electrostatic Vibrating Wheel Gyroscopes, Piezoelectric Vibrating Wheel Gyroscopes
2) By Tuning Fork: Dual-Mode Tuning Fork Gyroscopes, Single-Mode Tuning Fork Gyroscopes
3) By Foucault Pendulum: Traditional Foucault Pendulum Gyroscopes, MEMS-Based Foucault Pendulum Gyroscopes
4) By Wine Glass Resonator: High-Q Wine Glass Gyroscopes, Low-Q Wine Glass Gyroscopes
5) By Other Types: Coriolis Effect Gyroscopes, Optical MEMS Gyroscopes, Solid-State Gyroscopes, Fiber Optic Gyroscopes
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What Are the Primary Drivers Shaping the Micro-Electromechanical Systems (MEMS) Gyroscopes Market?
The anticipated expansion of the micro-electromechanical systems (MEMS) gyroscope market is tied closely to the escalating production of automotive vehicles. These vehicles, fundamentally designed for roadway transportation, are the fruits of technological advancements, stringent environmental regulations, and shifting consumer tastes. MEMS gyroscopes play a critical role in these vehicles by improving safety, performance, and orientation functionalities linked to rotational motion. As proof of this trend, the European Automobile Manufacturers Association, a Belgium-based car-making association, revealed that global motor vehicle production soared to 85.4 million units in 2022. This statistic represents a significant 5.7% boost compared to 2021. The upsurge in the production of automotive vehicles is, therefore, a driving force for the micro-electromechanical systems (MEMS) gyroscope market growth. In the realm of the micro-electromechanical systems (MEMS) gyroscopes market, the rising demand for consumer electronics is a potent growth catalyst. Consumer electronics - user-oriented gadgets tailored for personal use that facilitate communication, entertainment, and information access - are deeply woven into the fabric of everyday life. The demand for these electronics is on the uptick, driven by several factors such as increased connectivity, the proliferation of remote work and learning modes, entertainment, and handy MEMS gyroscopes. The role of MEMS gyroscopes in these devices is to offer accurate motion sensing and orientation detection capabilities, thereby heightening functionality. Compact and energy-efficient, these gyroscopes are easily embedded into devices, enhancing user experience and clearing the way for cutting-edge applications. For example, the Japan Electronics and Information Technology Industries Association, a Japan-based trade group, reported in May 2023 that consumer electronics production touched 32,099 units. In May the previous year, the exact figure was 25,268 units. Therefore, it is the swelling demand for advanced consumer electronics that is fuelling the growth of the micro-electromechanical systems (MEMS) gyroscope market.
Which Companies Are Leading in the Micro-Electromechanical Systems (MEMS) Gyroscopes Market?
Major companies operating in the micro-electromechanical systems (MEMS) gyroscopes market are Robert Bosch GmbH, Panasonic Corporation, Honeywell International Inc., Texas Instruments Incorporated (TI), STMicroelectronics N.V., NXP Semiconductors, Murata Manufacturing Co. Ltd., Analog Devices Inc., Seiko Epson Corporation, Qorvo Inc., Sensata Technologies, Knowles Corporation, Xsens Technologies B.V., InvenSense, MEMSIC Inc., KIONIX Inc., Silicon Sensing Systems Ltd., Systron Donner Inertial, Tronics Microsystems, Sensonor AS, Vesper Technologies, Inc., Colibrys Ltd., MicroStrain Inc., VTI Technologies, MemsTech Co., Ltd.
What Are the Major Trends Shaping the Micro-Electromechanical Systems (MEMS) Gyroscopes Market?
Key players in the micro-electromechanical systems (MEMS) gyroscopes sector are concentrating on creating cutting-edge innovations like the IAM-20380HT, a monolithic standalone MEMS gyroscope, to meet the increasing need for incredibly accurate and dependable gyroscopes for automotive uses. This gyroscope consists of a single circuit that includes the MEMS gyroscope and necessary electronics for operation. For example, TDK Corporation, a Japanese electronics manufacturer, introduced the world's first monolithic standalone MEMS gyroscope, the IAM-20380HT, for non-safety automotive applications in November 2022. It was designed to function over a wide temperature spectrum and provide reliable and high-precision measurement data for various non-safety automotive applications such as navigation, vehicle tracking, telematics, door controls, and vision systems. Its features include an adjustable bandwidth, a selectable scale, sleep mode, small size, high precision, and advanced functionalities, offering a high degree of precision, reliability, and versatility in a compact and effective design.
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What Are the Top Revenue-Generating Geographies in the Micro-Electromechanical Systems (MEMS) Gyroscopes Market?
North America was the largest region in the micro-electromechanical systems (MEMS) gyroscopes market in 2024. The regions covered in the micro-electromechanical systems (mems) gyroscopes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Micro-Electromechanical Systems (MEMS) Gyroscopes Market?
2. What is the CAGR expected in the Micro-Electromechanical Systems (MEMS) Gyroscopes Market?
3. What Are the Key Innovations Transforming the Micro-Electromechanical Systems (MEMS) Gyroscopes Industry?
4. Which Region Is Leading the Micro-Electromechanical Systems (MEMS) Gyroscopes Market?
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