According to Stratistics MRC, the Global Accelerometer and Gyroscope is accounted for $ 1.71 billion in 2017 and is expected to reach $2.76 billion by 2026 growing at a CAGR of 4.9% during the forecast period. Increase in demand for consumer electronics, rise in number of vehicles globally, and high military spending are the key driving factors for the market growth. However, low accuracy acts as a restraining factor to this growth.
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