"Widespread Application of Accelerometers to Stimulate the Demand for MEMS Accelerometers across End-users"

MEMS accelerometers market set to grow with promising CAGR of 4.8% during the forecast period from 2018 to 2026. Essentially directed by Asia Pacific, MEMS accelerometers market majorly driven by wide application area of these accelerometers. Since its invention in 1979, MEMS accelerometers have found wide application area across various end-users. MEMS accelerometers incorporated with numerous electronic devices such as media players, gaming devices, simulation devices and other wireless electronic devices. In recent trend, smartphones are using MEMS accelerometers for step counters, user interface control and screen rotation applications. Similarly, camcorders use accelerometer for image stabilization and anti-blur image capturing. Further, MEMS accelerometers find application in contactless game controllers. IBM and Apple have recently started using MEMS accelerometers in laptops for protection of hard drives from damage. Further, these accelerators used for detecting car crashes and deploying airbags at right time. MEMS accelerators used to detect rapid negative acceleration of the vehicle to detect collision of vehicle. MEMS accelerometers also find real-time application in controlling & monitoring military and aerospace systems such as direct & indirect fire, aviation-launched and ship-launched missiles, rockets, projectiles are among these applications. Such wide application area along with constant technological advancements expected to drive the MEMS accelerometer market in following years.

"Three-axis MEMS Accelerometers to Witness Swift Adoption across the Forecast Period"

Three-axis MEMS accelerometers offer numerous advantages such as detailed machine condition monitoring, greater signal integrity smaller size and others. These MEMS accelerometers find primary application in dealing with vibrations in low-frequency range. Limitations of available system for both embedded and handheld condition monitoring largely overcame by transitioning from piezo-based sensors to MEMS based sensors. Further various application systems in which three-axis MEMS accelerometers plays vital role include leveling & alignment systems, inertia measurement units for heavy machinery, navigation systems, automatic guided vehicles (AGV) and construction & surveying tools. With benefits offered by three-axis accelerometers compared to other accelerometers, segment expected to witness promising growth in coming years.

"Considerable Growth of End-user Industry to Ensure Fastest Growth of MEMS Accelerometers Market in Asia Pacific"

At present, Asia Pacific market representing the highest shares of overall MEMS accelerometers market value worldwide. Region also expected to exhibit comparatively higher market growth throughout the forecast period, principally due to development of end-user industry. For instance, Asia Pacific driving the overall production of light motor vehicles with more than 30% of global production. Similarly, in 2018, China is the leading market value generating nation in global consumer electronics market accounting for more than 30% of global market value in same year. Further, Asia Pacific market as home for industrial sector. With swift growth end-use industries along with growing penetration of MEMS accelerometers expected to witness comparatively higher growth across the globe.

"Technological Advancement of Accelerometers to Remain Key Strategy for MEMS Accelerometers Manufacturers"

MEMS accelerometers market profoundly fragmented in nature with presence of both international as well as domestic players. Number of players are aiming for technological advancement of product to specialize explicit application areas. For instance, In April 2017, Analog Devices, Inc. announced two latest high frequency and lesser noise MEMS accelerometers designed explicitly for industrial condition monitoring applications. Similarly, Robert Bosch GmbH announced edition of MEMS accelerometer especially for automotive application catering applications such as navigation & e-call services, vehicle dynamics data logging, car alarm and others. Key players of global MEMS accelerometers market includes Analog Devices, Inc., Robert Bosch GmbH, Honeywell International Inc., TDK Corporation, iXBlue SAS, Kearfott Corporation, AI Cielo Inertial Solutions Ltd., Meggitt PLC, Northrop Grumman LITEF GmbH, STMicroelectronics, Silicon Sensing Systems Ltd., Rockwell Automation, Inc., Murata Manufacturing Co., Ltd., Safran Colibrys SA, MEMSIC, Inc. and others.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of MEMS Accelerometers market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the MEMS Accelerometers market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of MEMS Accelerometers market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the MEMS Accelerometers market?
• Which is the largest regional market for MEMS Accelerometers market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving MEMS Accelerometers market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the MEMS Accelerometers market worldwide?