Global MEMS Accelerometer Market 2015-2019
About MEMS Accelerometers
MEMS accelerometers measure the translational or angular acceleration of sensor electronic devices. They consume less power and provide compact and robust sensing applications for electronic devices. They are often integrated with other MEMS sensors to provide accurate multi-axis sensing data. MEMS acceleromters are used in a diversified range of applications ranging from mobile devices to cars. They find extensive usage in the Consumer Electronics segment, which will continue to drive the market during the forecast period.
TechNavio's analysts forecast the Global MEMS Accelerometers market to grow at a CAGR of 6.6 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the market during the period 2014-2019. To calculate the market size, the report considers revenue generated from the sales of MEMS accelerometers across various segments. It also presents the vendor landscape and a corresponding detailed analysis of the top four leading vendors in the market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.
TechNavio's report, Global MEMS Accelerometers Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the APAC, and the EMEA; it also covers the Global MEMS Accelerometers market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – Global MEMS Accelerometer Market 2015-2019
TechNavio recognizes the following companies as the key players in the Global MEMS Accelerometer Market: Robert Bosch GmbH, Freescale Semiconductor Inc., InvenSense Inc. and STMicroelectronics NV.
Other Prominent Vendors in the market are: Kionix, mCube and Memsic.
Commenting on the report, an analyst from TechNavio’s team said: “The increasing number of new applications is one key trend emerging in the market. Consumers are increasingly demanding smart devices such as fitness and health devices, smartwatches, and GPS-enabled devices, which have increased the demand for MEMS accelerometers.”
According to the report, high demand for MEMS accelerometers in mobile devices is one of the major drivers of the market. MEMS accelerometers are required to be integrated in mobile devices such as smartphones and tablets to enhance the screen orientation, gaming, and GPS connectivity.
Further, the report states that high competition among vendors is one of the major challenges in the market. The increased competition in the market is forcing vendors to provide MEMS accelerometer devices at low prices, which is directly affecting their revenue and the growth of the market.Analog Devices, Robert Bosch, Freescale Semiconductor, InvenSense, STMicroelectronics, Kionix (ROHM), mCube, Memsic
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