Automotive MEMS
Inertial Sensor Market
Automotive MEMS Inertial Sensor Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Automotive MEMS Inertial Sensor Market Size and Growth
The Automotive MEMS Inertial Sensor market is experiencing robust growth, driven by increasing demand for advanced driver assistance systems (ADAS) and autonomous vehicles. The market size is projected to reach approximately $2.5 billion by 2028, reflecting a compound annual growth rate (CAGR) of around 10% over the next five years.
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Companies Covered
(Covid 19 Impact Covered)
◍ BOSCH Semiconductors
◍ STMicroelectronics
◍ TDK (InvenSense)
◍ NXP Semiconductors
◍ Murata
◍ Analog Devices
◍ Continental AG
◍ Honeywell
The Automotive MEMS Inertial Sensor Market is competitive, featuring companies like BOSCH, STMicroelectronics, TDK, NXP, Murata, Analog Devices, Continental, and Honeywell. These firms innovate and enhance sensor technologies for vehicle safety, navigation, and automation, driving market growth. Sales figures include:
- BOSCH: €78 billion (2022)
- STMicroelectronics: $12.76 billion (2022)
- NXP Semiconductors: $11.57 billion (2022)
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Market Segmentation
By Application
Passenger Vehicle
Commercial Vehicle
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By Product
MEMS Accelerometer
MEMS Gyroscope
MEMS IMU
Market Growth
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$ X Billion USD
