Accelerometer and Gyroscope Industry to Double by 2031 Amid Sensor Tech Advances
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The global accelerometer
and gyroscope market was valued at US$ 3.9 Bn in 2021 and is
anticipated to reach US$ 7.6 Bn by 2031, expanding at a CAGR of 7.0%
from 2022 to 2031. This growth is fueled by the increasing adoption of
smartphones, wearable technology, and IoT-based devices, along with
advancements in sensor miniaturization and the growing demand for automotive
electronics and unmanned aerial vehicles (UAVs).
Market Introduction
Accelerometers and gyroscopes are core components in
inertial sensing technology, enabling the measurement of linear acceleration
and angular velocity, respectively. These sensors are often integrated into Inertial
Measurement Units (IMUs), which are used across a broad range of
applications—from smartphones and wearables to autonomous vehicles
and aerospace systems. The integration of magnetometers and barometers
alongside accelerometers and gyroscopes has further expanded their use in
complex orientation and navigation systems.
Key Market Drivers
1. Rise in Smartphone and IoT Device Usage
The widespread adoption of smartphones has significantly
boosted demand for accelerometers and gyroscopes. These sensors help detect
screen orientation, enable gesture control, support augmented reality (AR)
features, and enhance image stabilization. With the expansion of 5G, the
proliferation of foldable phones, and the introduction of low-tier
smartphones in emerging economies, the demand for motion sensors is set to
increase further.
China and the U.S. are leading in 5G smartphone adoption,
with China accounting for over 80% of global 5G device shipments. These
trends point to sustained demand for accelerometers and gyroscopes in mobile
devices.
2. Growth in UAV and Drone Applications
Unmanned Aerial Vehicles (UAVs) rely heavily on IMUs for navigation,
stabilization, and flight control. Governments and defense
organizations are investing significantly in drone technology, both for military
surveillance and commercial applications. For instance, the
Government of India committed over US$ 14.5 million in incentives for
drone manufacturing in 2021. These developments are expected to fuel market
expansion over the next decade.
3. Increasing Automotive Electronics Adoption
The growing trend of connected and autonomous vehicles
is a significant driver of the accelerometer and gyroscope market. These
sensors are integral to Advanced Driver Assistance Systems (ADAS),
airbags, rollover detection, electronic stability control (ESC), and navigation
systems.
In ADAS applications, accelerometers and gyroscopes help
improve road safety through features like lane departure warnings, adaptive
cruise control, and collision avoidance. Automakers are launching
electric and hybrid vehicles equipped with sophisticated electronic systems,
further driving sensor demand.
Segment Insights
High Demand for Inertial Measurement Units (IMUs)
IMUs accounted for 43.7% of market share in 2021 and
are projected to remain dominant during the forecast period. These systems are
crucial in both consumer electronics and aerospace applications,
offering real-time feedback for motion tracking, navigation, and environmental
mapping.
Accelerometer Segment Gaining Traction
Accelerometers, especially low-power variants, are in
high demand for integration into smartphones, wearable fitness devices, and
medical applications. These sensors leverage capacitive sensing technology
to detect linear motion while maintaining energy efficiency.
Regional Outlook
Asia Pacific dominated the global accelerometer and
gyroscope market in 2021, accounting for over 50% of the market share.
The region is home to major automotive and electronics manufacturing hubs,
including China, Japan, South Korea, and India. Rapid urbanization,
rising disposable incomes, and a surge in demand for smart consumer devices are
driving regional market growth.
China and India are particularly poised for
accelerated growth due to their expanding automotive sectors and investment in
5G infrastructure and smart city projects.
Competitive Landscape
Key players are focusing on technological innovation,
sensor miniaturization, and multi-axis integration to enhance
product capabilities. These innovations are aimed at expanding sensor
applications across rugged environments and high-precision use cases.
Notable companies in the market include:
- Analog
Devices Inc.
- Honeywell
International Inc.
- STMicroelectronics
- Murata
Manufacturing Co., Ltd.
- Bosch
GmbH
- TE
Connectivity
- Northrop
Grumman
- NXP
Semiconductors
- Safran
Colibrys SA
Recent Developments
- Hansford
Sensors (Dec 2022): Introduced a line of intrinsically safe line
drive accelerometers designed for hazardous environments, enhancing
safety in industrial applications.
- Analog
Devices Inc. (May 2022): Launched a low-power, three-axis MEMS
accelerometer optimized for industrial and medical applications like
hearing aids and health monitoring, improving battery life and reducing
noise.
- Dytran
Instruments Inc. (July 2021): Rolled out the 3099A IEPE series
for high-shock environments, extending usage in aerospace and defense
sectors.
Outlook and Opportunities
As industries transition toward automation, smart
devices, and autonomous mobility, the demand for accurate, reliable
motion sensing is expected to grow significantly. However, MEMS sensors’
accuracy limitations remain a concern in critical applications, prompting
manufacturers to focus on advanced sensor fusion and multi-sensor
integration.
Emerging applications such as wearable healthcare devices,
VR/AR headsets, and smart robotics are likely to open new growth
avenues for the accelerometer and gyroscope market.
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