Accelerometer Market Trends, and Forecast 2018 - 2026

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Accelerometer Market Growth Set to Surge Signi몭cantly during 2018 – 2026 June 7, 2021

By Zaraki Kenpachi -

According to a new research report published by Transparency Market Research the global accelerometer market is projected to reach value of US$ 2,489.6 Mn by 2026, expanding at a CAGR of 4.6% from 2018 to 2026. The global market is expected to be in몭uenced by a range of macroeconomic and market-speci몭c factors during the forecast period. Demand for accelerometers is likely to be signi몭cant in Asia Paci몭c from 2018 to 2026.The market in the region is anticipated to expand at a CAGR of 4.9% during the forecast period.

Get sample copy of at: https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=S&rep_id=44360

Rising demand for MEMS accelerometers in the consumer electronics sector drives the market Accelerometers are being incorporated into a number of personal electronic devices such as smartphones, wearable devices, gaming consoles, and media players.

Accelerometers are used in laptops so that if the laptop accidently falls, the accelerometer can sense its fall and turn o몭 the internal system in order to protect it from disastrous damage. Rise in the demand for wearable electronics, high use of Internet of Things (IoT), and increase in the demand for unmanned vehicles create new opportunities for the global accelerometer market. Furthermore, the rising demand for MEMS accelerometers is expected to propel the accelerometer market during the forecast period.

Global Accelerometer Market: Scope of Report The global accelerometer market has been segmented based on type, axis, end-use industry, and region. In terms of type, the global market has been classi몭ed into AC response (piezoelectric) and DC response. The DC response segment has been subsegmented into capacitive and piezoresistive. Capacitive is the most common technology used for accelerometers currently. Capacitive DC-response accelerometers are highly suitable for use in on-board monitoring applications, wherein cost is the driving factor. They are suitable for measurement of lowfrequency motion, wherein the g level is also low such as vibration measurements in civil engineering. In terms of axis, the global accelerometer market has been segmented into 1-axis, 2-axis, and 3-axis. The 3-axis accelerometer are designed with three separate internal accelerometers mounted orthogonally, that allows to analyze separate components of complex accelerations. 3-axissegment is expected to hold the largest share of the global accelerometer market by the end of 2018, owing to the growing level of integration which is prompting manufacturers to integrate several functionalities in one system to reduce the size and weight of the overall product.

Based on end-user industry, the global accelerometer market has been categorized into consumer electronics, automotive, health care, industrial, aerospace & defense, and others. Consumer electronics and automotive are the leading end-user industry segments, followed by health care, industrial, and others segments. Among all these,

the automotive segment is expected to witness high investments during the forecast period.

The Asia Paci몭c accelerometer market is expected to expand at a signi몭cant CAGR during the forecast period, owing to presence of numerous manufacturers in China and low cost of raw materials in the region. Asia Paci몭c is emerging as a manufacturing hub for low-end applications such as automotive and consumer electronics and hence, the region is likely to dominate the global accelerometer market between 2018 and 2026. India is projected to lead the accelerometer market in Asia Paci몭c during the forecast period. This is primarily due to changing safety guidelines for infrastructure and automotive sectors in the country. India is a highly attractive market for investments at present. Countries such as China, Japan, and Australia are also expected to hold signi몭cant shares of the market for accelerometers in Asia Paci몭c during the forecast period. The accelerometer market in India is likely to expand at a CAGR of 6.1% from 2018 to 2026.

Have any query? Inquiry about report at: https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=EB&rep_id=44360 Global Accelerometer Market: Competition Dynamics The research study includes pro몭les of leading companies operating in the global accelerometer market. Market players have been pro몭led in terms of attributes such as company overview, 몭nancial overview, business strategies, and recent developments. Key players operating in the global accelerometer market are Dytran Instruments Incorporated, Honeywell International, Inc., TE Connectivity, Kionix, Inc., Silicon Designs, Murata Manufacturing Co. Ltd., CTS Corporation, NXP Semiconductor, STMicroelectronics NV, Meggitt PLC, Safran SA, Northrop Grumman Corporation, Robert Bosch, Innalabs, and MTS System Corporation. Companies are focusing on expanding their business through strategic acquisitions and partnerships with several end-use industries.

The global accelerometer market has been segmented as follows:

Global Accelerometer Market, by Type AC Response Piezoelectric DC Response Capacitive Piezoresistive Global Accelerometer Market, by Axis 1-Axis 2-Axis 3-Axis Global Accelerometer Market, by End-user Industry Consumer Electronics Automotive Health Care Aerospace & Defense Industrial Others Buy this Report at: https://www.transparencymarketresearch.com/checkout.php? rep_id=44360&ltype=S About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always re몭ects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and

research material for business reports.

Contact 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA – Canada Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com Previous articlePhenylethylamine Market Size, Share and Growth Analysis with Leading participants – Arora Aromatics Pvt. Ltd., BASF SE, Chemical Point UG Next articleIsobutanol Market Demand, Industry Growth and Share Analysis with Leading Players – BASF, The Dow Chemical Company, Eastman Chemical Company

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