Authored By: Sarah
11 Jul 2024

 Accelerometers Market Size to grow by USD 814 million between 2024-2028

According to a research report “ Accelerometers Market” by End-user (Industrial, Automotive, Consumer electronics, Aerospace and defense, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 814 million, at a CAGR of  4.5% during the forecast period. In the automotive sector, accelerometers play a pivotal role in enhancing vehicle performance, enhancing system reliability, and reducing costs. These sensors are essential for detecting automotive accidents and deploying airbags. By utilizing MEMS accelerometers in airbag control modules, the automobile industry has eliminated the need for costly switches, thereby driving the demand for accelerometers. MEMS accelerometers, which are also employed extensively in consumer electronics, are a significant contributor to the growth of the global accelerometer market.

Browse market data tables, figures, and in-depth TOC on “Accelerometers Market” by End-user (Industrial, Automotive, Consumer electronics, Aerospace and defense, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By End-user, the Industrial segment is projected to dominate the market size in 2024

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By Geography, North America  segment is expected to hold the largest market size for the year 2024

The industrial sector dominates the global accelerometer market, accounting for the largest share in 2021. This trend is driven by the increasing adoption of automation technologies in industries worldwide. Vendors catering to this sector provide advanced industrial accelerometers, such as those made of stainless steel, featuring low-frequency response, and offering waterproof protection. For instance, Dytran's model 3185D accelerometer is a robust IEPE sensor with a built-in Faraday shield for electrostatic noise immunity, a sensitivity of 100 mV/g, and a low-frequency response. The industrial sector's growth is fueled by the advancements in technology over the past few decades, which have led to the widespread adoption of automation solutions, including robots and industrial automation systems, across all industries.

North America is forecasted to hold the largest market size by region in 2024

The Accelerometers Market represents a significant growth opportunity for businesses, driven by the increasing demand for motion sensing technology in various industries. These devices measure acceleration forces and provide valuable data for applications in automotive, healthcare, consumer electronics, and industrial sectors. Market expansion is fueled by advancements in sensor technology, miniaturization, and growing adoption in IoT applications.

The Accelerometers Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Aeron Systems Pvt. Ltd.
  • Analog Devices Inc.
  • Honeywell International Inc.
  • Innalabs Ltd.
  • iXblue SAS
  • Kistler Group
  • L3Harris Technologies Inc.
  • MEMSIC Semiconductor Co. Ltd.
  • Navigation Electronics Inc.
  • Parker Hannifin Corp.
  • Physical Logic Ltd.
  • Robert Bosch GmbH
  • Safran Colibrys SA
  • SBG Systems SAS
  • Sensonor AS
  • STMicroelectronics International N.V.
  • TDK Corp.
  • TE Connectivity Ltd.
  • Thales Group
  • VectorNav Technologies LLC
.

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Research Analysis Overview

The Accelerometers Market encompasses a wide range of electromechanical sensors used to measure weight direction change, shock, and vibration in the form of combined acceleration. These sensors measure both physical acceleration and the magnitude of vibrations or shocks in multiple axes, making them essential components in various industries. Multi-axis accelerometers and single-axis accelerometers are the two primary types, catering to different application requirements. The market spans across diverse sectors, including Commercial Aerospace and Defense, Portable Devices, Industrial, Aerospace and Defense, IoT devices, Automotive, and Consumer Electronics. Micro machining techniques and Semiconductors have significantly contributed to the development of advanced Micro sensors, such as MEMS (Micro-Electro-Mechanical Systems) technology, which has revolutionized the accelerometers industry. Key applications include Defense applications market, where shock and vibration measurement is crucial, and Commercial Aerospace sector for flight stability and control. In the Consumer Electronics segment, accelerometers are integrated into Smartphones, Smartwatches, and Wearables for motion detection and activity tracking. The Automotive sector utilizes these sensors for airbag deployment and stability control systems. Overall, the Accelerometers Market is expected to grow significantly due to the increasing demand for advanced sensors in various industries.

Market Research Overview

The Accelerometers Market encompasses a wide range of electronic components used in various industries for motion sensing and vibration detection. These sensors are essential in tablets, smartphones, laptops, and other portable devices for screen rotation and gesture recognition. In industrial applications, accelerometers are used for predictive maintenance in the Industrial IoT, ruggedized for harsh environments, and for linear and combined acceleration measurement in industrial automation and manufacturing hubs. Advanced accelerometers, such as piezoresistive, piezoelectric, and MEMS, are used in aerospace and defense for inertial navigation applications in aircraft, ships, and submarines, as well as in military spending trends for tactical grade sensors in missiles and spacecraft. With the increasing focus on low power consumption and miniaturization, MEMS technology and micro machining processes are driving the growth of the accelerometers market. Additionally, the market includes magnetometers and gyroscope sensors for applications in health care, automotive safety features, and unmanned aerial vehicles.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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