MEMS Accelerometers Market Growth 2019-2024

An accelerometer is a sensing element that measures the acceleration it experiences relative to freefall. The acceleration is measured as a vector that has magnitude and direction. MEMS MicroElectro Mechanical System technology is based on a number of tools and methodologies, which are used to form small structures with dimensions in the micrometer scale one millionth of a meter. This technology is now being utilized to manufacture state of the art MEMSBased Accelerometers. MEMSbased accelerometers are available in 1, 2 and 3axis configurations, with analog or digital output, in lowg or highg sensing ranges.

MEMS Accelerometers is widely used in automotive, mobile phones and tablet computers consumer electronics, industrial, medical, military and other fields. Downstream market demand growth is stable, and consumer electronics will be fast in the future due to development of wearable devices.

We tend to believe that this industry still has a bright future, considering the current demand. As for product prices, the slow downward trend in recent years will continue in the next few years, since more and more competition intensifies and technological development.

According to this study, over the next five years the MEMS Accelerometers market will register a 2.3% CAGR in terms of revenue, the global market size will reach US$ 1160 million by 2024, from US$ 1340 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in MEMS Accelerometers business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of MEMS Accelerometers market by product type, application, key manufacturers and key regions and countries.

This study considers the MEMS Accelerometers value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

· 1axis MEMS Accelerometer

· 2axis MEMS Accelerometer

· 3axis MEMS Accelerometer

· 6axis: 3axis gyroscope and a 3axis accelerometer

· 9axis: 3axis gyroscope, 3axis accelerometer and 3axis compass

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

· Automotive

· Consumer electronics

· Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

· Americas

· United States

· Canada

· Mexico

· Brazil

· APAC

· China

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report: Breakdown data in in Chapter 3.

· STM

· Bosch

· InvenSense

· NXP Freescale

· Murata VTI

· ADI

· ROHM Kionix

· Mcube

· Memsic

· MiraMEMS

· QST

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

· To study and analyze the global MEMS Accelerometers consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

· To understand the structure of MEMS Accelerometers market by identifying its various subsegments.

· Focuses on the key global MEMS Accelerometers manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

· To analyze the MEMS Accelerometers with respect to individual growth trends, future prospects, and their contribution to the total market.

· To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industryspecific challenges and risks.

· To project the consumption of MEMS Accelerometers submarkets, with respect to key regions along with their respective key countries.

· To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

· To strategically profile the key players and comprehensively analyze their growth strategies.

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