The North America Accelerometer & Gyroscope Market would witness market growth of 4.5% CAGR during the forecast period (2022-2028).
Accelerometers are found in a wide range of consumer electronics. For example, Apple’s iPhone 3GS was one of the first smartphones to utilize it, with the addition of features like the compass application and shake to undo. In an airplane, a gyroscope can be used to help indicate the rate of rotations around the roll axis. The gyroscope would measure non-zero values when an aircraft rolls until the platform levels out, at which point, it would read a zero value in order to identify the direction of down. The altitude indicator on ordinary aircraft is the best illustration of reading a gyroscope.
The accelerometer and gyroscope industry is expected to increase as a result of factors such as rising defense spending around the world and increasing demand from the consumer electronics sector. A position scaling interface circuit is used with MEMS accelerometer sensors to measure the motion of a mass. An analog-to-digital converter tool converts the measurement into a digital electrical signal for digital processing. Because of the Coriolis acceleration, gyroscopes monitor both the movement of the resonating mass along with its frame. The demand for shopper electronics has increased over time. Nearby, the number of vehicles on the road is gradually increasing, and as a result, the accelerometer and gyroscope market is rapidly growing.
In North America, the accelerometer and gyroscope market is being driven by strict government requirements governing passenger safety and the rapidly increasing automotive and aerospace industries. The advent of information technology and the rising use of the Internet of Things (IoT) across a broad range of industrial, manufacturing, and automotive applications has given the region's commercial operations a new dimension. Furthermore, regional MEMS manufacturers aggressively explore manufacturing expansions in order to capitalize on the increasing potential. These factors would augment the growth of the regional market.
According to the National Health Expenditure Accounts, healthcare spending in the United States increased by over 4.6 percent in 2018 to USD 3.6 trillion, or USD 11,172 per person, accounting for 17.7% of GDP, indicating investment in addressing these trends, which is estimated to complement the MEMS sensor market demand.
The US market dominated the North America Accelerometer & Gyroscope Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $739.4 million by 2028. The Canada market is poised to grow at a CAGR of 6.9% during (2022 - 2028). Additionally, The Mexico market would display CAGR of 5.9% during (2022 - 2028).
Based on Type, the market is segmented into Accelerometer and Gyroscope. Based on Dimension, the market is segmented into 3-Axis, 2-Axis, and 1-Axis. Based on Industry Vertical, the market is segmented into Consumer Electronics, Automotive, Aerospace & Defense, Industrial, Healthcare, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Accelerometer & Gyroscope Market is Estimated to reach $3.6 Billion by 2028, at a CAGR of 5.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Analog Devices, Inc., STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Honeywell International, Inc., TDK Corporation (InvenSense, Inc.), Murata Manufacturing Co., Ltd., Northrop Grumman Corporation, Robert Bosch GmbH, and Rohm Semiconductors Co., Ltd. (Kionix, Inc.)
Scope of the Study
Market Segments Covered in the Report:
By Type
By Dimension
By Industry Vertical
- Consumer Electronics
- Automotive
- Aerospace & Defense
- Industrial
- Healthcare
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Analog Devices, Inc.
- STMicroelectronics N.V.
- Infineon Technologies AG
- NXP Semiconductors N.V.
- Honeywell International, Inc.
- TDK Corporation (InvenSense, Inc.)
- Murata Manufacturing Co., Ltd.
- Northrop Grumman Corporation
- Robert Bosch GmbH
- Rohm Semiconductors Co., Ltd. (Kionix, Inc.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Accelerometer & Gyroscope Market, by Type
1.4.2 North America Accelerometer & Gyroscope Market, by Dimension
1.4.3 North America Accelerometer & Gyroscope Market, by Industry Vertical
1.4.4 North America Accelerometer & Gyroscope Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Accelerometer & Gyroscope Market
Chapter 4. North America Accelerometer & Gyroscope Market by Type
4.1 North America Accelerometer Market by Country
4.2 North America Gyroscope Market by Country
Chapter 5. North America Accelerometer & Gyroscope Market by Dimension
5.1 North America 3-Axis Market by Country
5.2 North America 2-Axis Market by Country
5.3 North America 1-Axis Market by Country
Chapter 6. North America Accelerometer & Gyroscope Market by Industry Vertical
6.1 North America Consumer Electronics Market by Country
6.2 North America Automotive Market by Country
6.3 North America Aerospace & Defense Market by Country
6.4 North America Industrial Market by Country
6.5 North America Healthcare Market by Country
6.6 North America Others Market by Country
Chapter 7. North America Accelerometer & Gyroscope Market by Country
7.1 US Accelerometer & Gyroscope Market
7.1.1 US Accelerometer & Gyroscope Market by Type
7.1.2 US Accelerometer & Gyroscope Market by Dimension
7.1.3 US Accelerometer & Gyroscope Market by Industry Vertical
7.2 Canada Accelerometer & Gyroscope Market
7.2.1 Canada Accelerometer & Gyroscope Market by Type
7.2.2 Canada Accelerometer & Gyroscope Market by Dimension
7.2.3 Canada Accelerometer & Gyroscope Market by Industry Vertical
7.3 Mexico Accelerometer & Gyroscope Market
7.3.1 Mexico Accelerometer & Gyroscope Market by Type
7.3.2 Mexico Accelerometer & Gyroscope Market by Dimension
7.3.3 Mexico Accelerometer & Gyroscope Market by Industry Vertical
7.4 Rest of North America Accelerometer & Gyroscope Market
7.4.1 Rest of North America Accelerometer & Gyroscope Market by Type
7.4.2 Rest of North America Accelerometer & Gyroscope Market by Dimension
7.4.3 Rest of North America Accelerometer & Gyroscope Market by Industry Vertical
Chapter 8. Company Profiles
8.1 Analog Devices, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent Strategies and Developments
8.1.5.1 Geographical Expansions:
8.1.6 SWOT Analysis
8.2 STMicroelectronics N.V.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Infineon Technologies AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 NXP Semiconductors N.V.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Honeywell International, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent Strategies and Developments
8.5.5.1 Product Launches and Product Expansions:
8.6 TDK Corporation (InvenSense, Inc.)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional & Segmental Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.7 Murata Manufacturing Co., Ltd.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent Strategies and Development
8.7.5.1 Product Launches and Product Expansions:
8.8 Northrop Grumman Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research and Development Expense
8.8.5 Recent Strategies and Developments
8.8.5.1 Product Launches and Product Expansions:
8.9 Robert Bosch GmbH
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.10. Rohm Semiconductors Co., Ltd. (Kionix, Inc.)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
TABLE 1 North America Accelerometer & Gyroscope Market, 2018 - 2021, USD Million
TABLE 2 North America Accelerometer & Gyroscope Market, 2022 - 2028, USD Million
TABLE 3 North America Accelerometer & Gyroscope Market by Type, 2018 - 2021, USD Million
TABLE 4 North America Accelerometer & Gyroscope Market by Type, 2022 - 2028, USD Million
TABLE 5 North America Accelerometer Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Accelerometer Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Gyroscope Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Gyroscope Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Accelerometer & Gyroscope Market by Dimension, 2018 - 2021, USD Million
TABLE 10 North America Accelerometer & Gyroscope Market by Dimension, 2022 - 2028, USD Million
TABLE 11 North America 3-Axis Market by Country, 2018 - 2021, USD Million
TABLE 12 North America 3-Axis Market by Country, 2022 - 2028, USD Million
TABLE 13 North America 2-Axis Market by Country, 2018 - 2021, USD Million
TABLE 14 North America 2-Axis Market by Country, 2022 - 2028, USD Million
TABLE 15 North America 1-Axis Market by Country, 2018 - 2021, USD Million
TABLE 16 North America 1-Axis Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Accelerometer & Gyroscope Market by Industry Vertical, 2018 - 2021, USD Million
TABLE 18 North America Accelerometer & Gyroscope Market by Industry Vertical, 2022 - 2028, USD Million
TABLE 19 North America Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Automotive Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Automotive Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Industrial Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Industrial Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Accelerometer & Gyroscope Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Accelerometer & Gyroscope Market by Country, 2022 - 2028, USD Million
TABLE 33 US Accelerometer & Gyroscope Market, 2018 - 2021, USD Million
TABLE 34 US Accelerometer & Gyroscope Market, 2022 - 2028, USD Million
TABLE 35 US Accelerometer & Gyroscope Market by Type, 2018 - 2021, USD Million
TABLE 36 US Accelerometer & Gyroscope Market by Type, 2022 - 2028, USD Million
TABLE 37 US Accelerometer & Gyroscope Market by Dimension, 2018 - 2021, USD Million
TABLE 38 US Accelerometer & Gyroscope Market by Dimension, 2022 - 2028, USD Million
TABLE 39 US Accelerometer & Gyroscope Market by Industry Vertical, 2018 - 2021, USD Million
TABLE 40 US Accelerometer & Gyroscope Market by Industry Vertical, 2022 - 2028, USD Million
TABLE 41 Canada Accelerometer & Gyroscope Market, 2018 - 2021, USD Million
TABLE 42 Canada Accelerometer & Gyroscope Market, 2022 - 2028, USD Million
TABLE 43 Canada Accelerometer & Gyroscope Market by Type, 2018 - 2021, USD Million
TABLE 44 Canada Accelerometer & Gyroscope Market by Type, 2022 - 2028, USD Million
TABLE 45 Canada Accelerometer & Gyroscope Market by Dimension, 2018 - 2021, USD Million
TABLE 46 Canada Accelerometer & Gyroscope Market by Dimension, 2022 - 2028, USD Million
TABLE 47 Canada Accelerometer & Gyroscope Market by Industry Vertical, 2018 - 2021, USD Million
TABLE 48 Canada Accelerometer & Gyroscope Market by Industry Vertical, 2022 - 2028, USD Million
TABLE 49 Mexico Accelerometer & Gyroscope Market, 2018 - 2021, USD Million
TABLE 50 Mexico Accelerometer & Gyroscope Market, 2022 - 2028, USD Million
TABLE 51 Mexico Accelerometer & Gyroscope Market by Type, 2018 - 2021, USD Million
TABLE 52 Mexico Accelerometer & Gyroscope Market by Type, 2022 - 2028, USD Million
TABLE 53 Mexico Accelerometer & Gyroscope Market by Dimension, 2018 - 2021, USD Million
TABLE 54 Mexico Accelerometer & Gyroscope Market by Dimension, 2022 - 2028, USD Million
TABLE 55 Mexico Accelerometer & Gyroscope Market by Industry Vertical, 2018 - 2021, USD Million
TABLE 56 Mexico Accelerometer & Gyroscope Market by Industry Vertical, 2022 - 2028, USD Million
TABLE 57 Rest of North America Accelerometer & Gyroscope Market, 2018 - 2021, USD Million
TABLE 58 Rest of North America Accelerometer & Gyroscope Market, 2022 - 2028, USD Million
TABLE 59 Rest of North America Accelerometer & Gyroscope Market by Type, 2018 - 2021, USD Million
TABLE 60 Rest of North America Accelerometer & Gyroscope Market by Type, 2022 - 2028, USD Million
TABLE 61 Rest of North America Accelerometer & Gyroscope Market by Dimension, 2018 - 2021, USD Million
TABLE 62 Rest of North America Accelerometer & Gyroscope Market by Dimension, 2022 - 2028, USD Million
TABLE 63 Rest of North America Accelerometer & Gyroscope Market by Industry Vertical, 2018 - 2021, USD Million
TABLE 64 Rest of North America Accelerometer & Gyroscope Market by Industry Vertical, 2022 - 2028, USD Million
TABLE 65 key information – Analog Devices, Inc.
TABLE 66 Key Information – STMicroelectronics N.V.
TABLE 67 Key Information – Infineon Technologies AG
TABLE 68 Key Information – NXP Semiconductors N.V.
TABLE 69 Key information – Honeywell International, Inc.
TABLE 70 Key information –TDK Corporation
TABLE 71 Key Information –Murata Manufacturing Co., Ltd.
TABLE 72 Key Information – Northrop Grumman Corporation
TABLE 73 key information – Robert Bosch GmbH
TABLE 74 Key Information – Rohm Semiconductors Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: analog devices, inc.
FIG 3 Swot analysis: stmicroelectronics n.v.
FIG 4 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 5 Swot analysis: NXP semiconductors N.V.