According to ResearchMoz, the global inertial sensors market is witnessing growth due to the availability of small size, robust, and cost-effective sensors. Yet, accuracy issues in applications like navigation systems are posing a serious challenge to the growth of this industry.
The company’s research report analyzes the global market for inertial sensors. Report findings include:
- Inertial sensors market for consumer electronics is growing rapidly due to integration of gyroscopes, accelerometers and magnetometers in devices like mobile phones, tablets, laptops, game stations, etc.
- Most companies are proposing discrete devices like 3-axis accelerometers and 3-axis gyroscopes or sensor combinations like acceleration sensor plus gyroscope or gyroscope plus electronic compass in a single package or on a single die.
- The microelectromechanical system (MEMS) accelerometer market will be strategic as many applications are expected to depend on 3-axis accelerometer and 3-axis gyroscope in a single package.
- The key players dominating the market are Bosch Group GmbH, ST Microelectronics, Kionix Kongsberg Gruppen, Trimble Navigation, AKM, Bosch Sensortec, InvenSense, STMicroelectronics, NXP, First Sensor, Advanced Navigation, Epson Electronics, VectorNav Technologies, InnoVista Sensors, TE Connectivity, AOSense, and Freescale Semiconductors
For more detailed information, request a sample of the report.