MEMS Accelerometer and Gyroscope Market Share

Statistics for the 2023 & 2024 MEMS Accelerometer and Gyroscope market share, created by Mordor Intelligence™ Industry Reports. MEMS Accelerometer and Gyroscope share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of MEMS Accelerometer and Gyroscope Industry

The MEMS Accelerometer and Gyroscope is moderately fragmented owing to the presence of regional as well as global tech giants. The firms are focusing on strengthening and establishing their product portfolio with the adoption of various strategies, including innovative product developments, mergers, partnerships, and acquisitions, etc. to gain a competitive edge over other players.

  • June 2020 - Bosch Sensortec announced that it has been developing sensor software solutions in collaboration with Qualcomm Technologies, through its Qualcomm Platform Solutions Ecosystem program. First developments include an angle detection algorithm for Bosch Sensortec's IMUs (Inertial Measurement Units), allowing the detection of various states in foldable smartphones. IMUs include BMI260, which combines a self-calibrating gyroscope with an accelerometer in one system-in-package (SiP).
  • June 2020 - Analog Devices, Inc. announced its high-precision inertial measurement unit (IMU) had been selected by CHC Navigation to enable its next-generation, real-time kinematic (RTK) rover receiver, which can achieve high-precision and high-efficiency positioning and measurement at any position through the combination of satellite and inertial positioning. ADI's IMU combines the precision gyroscope and accelerometer on multiple axes, which can reliably sense and process data with numerous degrees of freedom even in extremely complicated applications and dynamic conditions.

MEMS Accelerometer and Gyroscope Market Leaders

  1. Analog Devices Inc.

  2. Bosch Sensortec GmbH

  3. Microchip Technology, Inc.

  4. STMicroelectronics N.V.

  5. NXP Semiconductors N.V.

*Disclaimer: Major Players sorted in no particular order

MEMS Accelerometer and Gyroscope Market

MEMS Accelerometer & Gyroscope Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)