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The global MEMS gyroscopes market is undergoing tremendous growth owing to the increasing demand for motion sensing and orientation detection in multiple consumer electronic and automotive applications. MEMS gyroscopes are small and able to reliably measure and keep orientation in devices. They could range from automotive commercial applications to aerospace, defense, and consumer electronics.
MEMS are thus capturing the imagination to conquer the mind of such devices with their high-fidelity motion sensing: smartphones, tablets, and wearable technologies. They are highly likely to gain momentum with increased application in automotive safety features: electronic stability control and Advanced Driver Assistance Systems (ADAS).
Electronics, Automotive, Defense Drive Market Growth
Consumer electronics such as smartphones, tablets, and wearables have widely opened the MEMS gyroscopes market by an expected 0.42 units per device for U.S. mobile phones in 2023. The demand for these sensors has increased along with advances in electronics, particularly electronic stability control, and ADAS applications, for enhancing vehicle safety and performance. Besides, increased demand from the aerospace and defense segments in guidance applications for aircraft and UAVs drives the market. India has also marked its share in aerospace applications with an 18% share in 2023.
High Costs And Competition Hinder Market Growth
These MEMS gyroscopes have more hurdles in the adoption due to the increased costs of manufacturing from procedures such as design and fabrication. Most industries still don't adopt this technology, especially those aimed at cost-sensitive applications. Moreover, the accuracies and stabilities still have not been achieved satisfactorily in MEMS gyroscopes, especially for high-precision applications such as aerospace and defense. Moreover, competing technologies such as fiber optics and ring lasers, along with other technologies, have played a vital role in proposing the growth deficit areas for MEMS gyroscopes.
Robotics, IoT, and VR Driving Market Growth
As the robotics and drone application areas expand, the potential for MEMS gyroscopes as navigation and stabilization sensors become promising. In addition, the IoT will further position MEMS gyroscopes in a good place relative to smart home applications, wearable devices, and industrial IoT-type applications. The continued development of virtual and augmented reality (VR/AR) technologies has also induced an increased market demand for accurate motion tracking, which subsequently requires demand for MEMS gyroscopes.
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By Type |
By Application |
By End-user |
By Geography |
|
● Vibrating Wheel ● Tuning Fork ● Foucalt Pendulum ● Wine Glass Resonator ● Others |
● Mobiles ● Cameras & Camcorders ● Gaming Consoles ● Others |
● Consumer Electronics ● Automotive ● Aerospace and Defense ● Industrial ● Marine ● Others |
● North America (U.S. and Canada) ● Europe (U.K., Germany, France, Spain, Italy, Scandinavia, and the Rest of Europe) ● Asia-Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific) ● South America(Brazil, Mexico,and the Rest ofSouth America) ● Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa) |
The report covers the following key insights:
By type, the market is divided into vibrating wheel, tuning fork, foucalt pendulum, wine glass resonator, and others.
Standards for performance and reliability have been defined for tuning fork MEMS gyros used in navigation systems. This segment has been projected to dominate in the consumer electronics and automobile market as it requires the highest precision and robustness. The prophesied growth in demand for tuning fork gyroscopes in the years to come will be triggered by the continuing expansion of this market segment.
Vibrating wheel MEMS gyroscopes are recognized as very precise sensors, specifically for applications ranging from automotive to consumer electronics. This section has considerable growth as there is an increasing demand for stable and reliable sensors for motion detection and even orientation systems. The segment is poised for growth due to the usage of these vibrating wheel MEMS gyroscopes in next-generation devices.
By application, the market is divided into mobiles, cameras & camcorders, gaming consoles, and others.
MEMS gyroscopes do find significant use today in mobiles for motion sensing and screen orientation. This segment is further expected to dominate the market, as there is wide acceptance of the proliferation of smartphones and tablets. In the coming years, as mobile technology progresses, the demand for such mobile applications has been projected to grow appreciably-giving rise to having more accurate and smaller gyroscopes.
MEMS gyroscopes also occupy a key place in image stabilization systems used in cameras & camcorders, making sure that smooth recording is done in even very active environments. Here, it is also expected that this segment will witness significant growth due to the advancement of camera technologies and the increased use of these cameras in both consumer and professional applications.
By end-user, the market is divided into consumer electronics, automotive, aerospace and defense, industrial, marine, and others.
The MEMS gyroscopes are among the foremost consumer electronics that apply them such as smartphones, tablets, wearables, and many other devices. This section would dominate in capturing the market share as it would have an increasing demand for accurate motion sensing in modern consumer devices.
Another application of MEMS Gyroscope is used in ADAS systems in cars. It is also being used for electronic stability controls and rollover detection systems in vehicles. This segment is likely to show considerable growth since safety feature adoption in the automotive sector is rising significantly along with autonomous driving technologies in cars.
Based on geography, the market has been studied across North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
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Besides, the promotion of people will further facilitate growth. Therefore, in Asia-Pacific, MEMS gyroscopes will be consumed most by the above strong electronic manufacturing industries such as China, Japan, and South Korea. The high demand for MEMS gyroscopes for consumer electronics and automotive applications is expected to support growth generation in the region in the upcoming years. Hence, the booming electronics market will sustain expansion along with growing automotive integration.
North America has been a prominent, globally competitive market for MEMS gyroscopes, driven by the defense and aerospace technology landscape and significant investment opportunities within these areas. Furthermore, the presence of the leading consumer electronics companies strengthens the regional market position. The U.S. is expected to continue dominating the market with the steady growth rate being sustained by innovations in MEMS gyroscope applications across various industries.
Owing to a highly developed automotive sector with a targeted emphasis on advanced safety features and autonomous driving technologies, Europe has a healthy demand for MEMS gyroscopes. European countries increase their use of these sensors in the quest for ever-increasing vehicle performance and security. The region's growth is anticipated to continue, with automotive applications remaining a key driver for the market's expansion.
The report includes the profiles of the following key players:
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