MEMS
Accelerometer in Automotive Market
MEMS Accelerometer in Automotive Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
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MEMS Accelerometer in Automotive Market Size and Growth
The MEMS accelerometer market in the automotive sector is experiencing robust growth, driven by increasing demands for advanced vehicle safety features and autonomous technologies. The market size is projected to reach approximately $1.5 billion by 2028, reflecting a compound annual growth rate (CAGR) of around 8% over the forecast period.
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Companies Covered
(Covid 19 Impact Covered)
◍ STM
◍ Bosch
◍ InvenSense
◍ NXP (Freescale)
◍ Murata (VTI)
◍ ADI
◍ ROHM (Kionix)
◍ Mcube
◍ Memsic
◍ MiraMEMS
◍ QST
The automotive MEMS accelerometer market features key players like STM, Bosch, InvenSense, NXP, Murata, ADI, ROHM, Mcube, Memsic, and MiraMEMS. These companies innovate and supply MEMS solutions for safety, navigation, and stabilization, driving market growth. Notable revenues include Bosch’s $4 billion in MEMS and STMicroelectronics’ $3 billion.
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Market Segmentation
By Application
◍ Passenger Vehicle
◍ Commercial Vehicle
By Product
◍ 1-axis MEMS Accelerometer
◍ 2-axis MEMS Accelerometer
◍ 3-axis MEMS Accelerometer
◍ 6-axis MEMS Accelerometer
◍ 9-axis MEMS Accelerometer
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Market Growth
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$ X Billion USD
