According to the latest report by IMARC Group, “Global High-End Accelerometer Market Trends, Share, Growth, Industry Size, Opportunity and Forecast 2022-2027“, the global high-end accelerometer market reached a value of US$ 235.96 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 322.4 Million by 2027, exhibiting a CAGR of 5.20% during 2022-2027.
High-end accelerometers refer to electromechanical devices utilized in an industrial setting for measuring the linear acceleration, vibration, tilt, and shock impact of systems. They are available in several categories, including piezoelectric, piezo-resistance, and capacitive. High-end accelerometers are also used for inclination measurement and motion detection, such as free-fall, double-tap recognition, four-dimensional (4D) orientation, wakeup, inactivity, etc. They communicate data over a digital, analog, or pulse-width modulated connection interface. Consequently, high-end accelerometers find extensive applications across numerous sectors, including automotive, navigational, healthcare, aerospace, defense, etc.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
|Base Year: 2021|
|Forecast Year: 2022-2027|
High-End Accelerometer Market Trends and Drivers:
The increasing usage of Micro-Electromechanical Systems (MEMS) and the emerging trend of miniaturized consumer electronics are primarily driving the high-end accelerometers market. Besides this, the growing utilization of wireless sensor networks and Internet of Things (IoT) inclinometers in industrial applications is also positively influencing the market growth.
Moreover, the rising utilization of Condition-Based Monitoring (CBM) systems for detecting leaks, flow, and cavitation in the oil and gas industry and the escalating need for energy exploration facilities are acting as significant growth-inducing factors. Apart from this, the inflating product adoption in the healthcare industry for asset monitoring and Vital Sign Monitoring (VSM) and in aerospace inertial navigation, guidance, and control is expected to stimulate the high-end accelerometer market over the forecasted period.
Global High-End Accelerometer Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Analog Devices Inc., Honeywell International Inc., InnaLabs Limited, MEMSIC Inc., Robert Bosch GmbH, Safran S.A., STMicroelectronics, TDK Corporation and TE Connectivity.
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The report has segmented the market on the basis of region, type, axis type and application.
Breakup by Type:
Breakup by Axis Type:
- One Axis
- Two Axis
- Three Axis
The Breakup by Application:
- Automotive Applications
- Tactical Applications
- Navigational Applications
- Industrial Application
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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