糖心vlog传媒

logo

Accelerometers Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global Accelerometer Market is Segmented by End User (Aerospace and Defense, Industrial, Consumer Electronics, and Automotive) and Geography (North America, Europe, Asia-Pacific, Rest Of The World). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Home Market Analysis Technology, Media and Telecom Research Automation Research Industrial Automation Research Sensors and Actuators Research Accelerometer Industry

Accelerometer Market Size

accelerometers market
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 2.97 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Accelerometer Market

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Accelerometer Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

Accelerometer Market Analysis

The Accelerometer Market registered a CAGR of 2.97% over the forecast period 2021 - 2026. The emergence of the MEMS technology has resulted in the miniaturization of mechanical and electro-mechanical elements in the field of sensors and semiconductors, through the use of micro-fabrication and micro-machining techniques. This has supported the rapid adoption of accelerometers in portable devices, as they offer enhanced capabilities in small unit size.

  • The tactical grade of modern high-end accelerometers has penetrated into various defense applications market.
  • Moreover, the demand in the commercial aerospace sector is also driving the demand for high-end IMUs. Boeing's aerospace study revealed that over the next three decades, there would be a demand for 35,200 new jet aircraft, globally.
  • Furthermore, MEMS accelerators are used in inertial navigation applications to calculate the direction and speed of ships, aircraft, submarines, guided missiles, and spacecraft. High accelerometers have replaced the fragile high-end electromechanical devices.
  • However, the fusion of accelerometers on devices may increase the cost of a device. Along with the cost of the device, the accelerometer increases the complexity of a device to be fabricated on to a device.

Accelerometer Market Trends

This section covers the major market trends shaping the Accelerometer Market according to our research experts:

Aerospace and Defense Industry to Account for a Significant Share in the Market

  • The defense application is expected to create a significant demand for accelerometers, owing to the increasing adoption of high-end accelerometers in small-diameter missiles, underwater navigators, and unmanned aerial vehicles and also increasing beneficiaries of high-end MEMS sensors in military applications.
  • Furthermore, high-end MEMS accelerators are being deployed along with gyroscopes in inertial navigation applications to calculate the direction and speed of defense applications, such as ships, aircraft, submarines, guided missiles, and spacecraft.
  • To meet the increasing demand for IMUs and AHRS systems for military applications, market players are producing custom MEMS-based accelerometers, with enhanced bias stability.
  • The military spending trends will drive the growth of the market and the United States has the largest spending in the military and defense sector and therefore the largest market for accelerometers.
accelerometers market

North America to Dominate the Market

  • North America is witnessing a growth in the development of new high-performance accelerometers as companies in the region are investing in introducing advanced and innovative accelerometers. The increased spending by the US defense is the major factor driving the growth of accelerometers in the region.
  • With this rise, the country also focuses on precision-guided munitions (PGMs), such as laser-guided bombs and cruise missiles that have become the weapons of choice for the US military, providing a high degree of accuracy while avoiding widespread collateral damage.
  • These applications demand high performance, compact form factor, a ruggedized accelerometer to improve tactical IMUs for long duration guidance without GPS. 
  • North America is also a pioneer in the adoption of IoT which will also drive the growth of the market in the region.
accelerometers market

Accelerometer Industry Overview

The accelerometer market is highly fragmenteddue to the presence of many players in the market. Some key players in the market Robert Bosch GmBH,Honeywell International Inc.,Analog Devices Inc., among others. Some key recent developments in the market include:

  • April2019 - iXblue’s iXal A5 was introduced as a first navigation-grade accelerometer dedicated to high-performance applications. The iXal A5 can be used in various high-performance civil and defense applications, including land, air, surface, and underwater navigation, guidance, bridge monitoring, and stability, as well as offshore drilling platform monitoring.
  • April2019 - STMicroelectronics launched STM32GO for smarter industrial applications.STM32 has a microcontroller, an accelerometer, a MEMS microphone in the industrial IoT development kit. This development kit is useful for proactive maintenance for manufacturing equipment as it detects slight changes at early stages of failure – before serious damage or expense.

Accelerometer Market Leaders

  1. Honeywell International Inc.

  2. Analog Devices Inc.

  3. Robert Bosch GmbH

  4. Northrop Grumman LITEF GmbH

  5. Rockwell Automation Inc.

*Disclaimer: Major Players sorted in no particular order

accelerometers market
Need More Details on Market Players and Competitors?
Download PDF

Accelerometer Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Introduction to Market Drivers and Restraints

    3. 4.3 Market Drivers

      1. 4.3.1 Emergence of the MEMS Technology

      2. 4.3.2 Increasing Demand from Consumer Electronics

      3. 4.3.3 Developing Aerospace and Defense Sector (High-end Accelerometers)

    4. 4.4 Market Restraints

      1. 4.4.1 Costs and Complexity Concerns

    5. 4.5 Value Chain / Supply Chain Analysis

    6. 4.6 Industry Attractiveness - Porter's Five Force Analysis

      1. 4.6.1 Threat of New Entrants

      2. 4.6.2 Bargaining Power of Buyers/Consumers

      3. 4.6.3 Bargaining Power of Suppliers

      4. 4.6.4 Threat of Substitute Products

      5. 4.6.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By End User

      1. 5.1.1 Aerospace and Defense

      2. 5.1.2 Industrial

      3. 5.1.3 Consumer Electronics

      4. 5.1.4 Automotive

      5. 5.1.5 Other End users

    2. 5.2 Geography

      1. 5.2.1 North America

        1. 5.2.1.1 United States

        2. 5.2.1.2 Canada

      2. 5.2.2 Europe

        1. 5.2.2.1 Germany

        2. 5.2.2.2 United Kingdom

        3. 5.2.2.3 France

        4. 5.2.2.4 Rest of Europe

      3. 5.2.3 Asia-Pacific

        1. 5.2.3.1 China

        2. 5.2.3.2 Japan

        3. 5.2.3.3 India

        4. 5.2.3.4 South Korea

        5. 5.2.3.5 Rest of Asia-Pacific

      4. 5.2.4 Rest Of The World

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Analog Devices Inc.

      2. 6.1.2 Robert Bosch GmbH

      3. 6.1.3 Honeywell International Inc.

      4. 6.1.4 Northrop Grumman LITEF GmbH

      5. 6.1.5 STMicroelectronics

      6. 6.1.6 InvenSense (TDK Group company)

      7. 6.1.7 Rockwell Automation Inc.

      8. 6.1.8 iXblue SAS

      9. 6.1.9 Kearfott Corporation(Astronautics Corporation of America)

      10. 6.1.10 Al Cielo Inertial Solutions Ltd

      11. 6.1.11 Meggitt Orange County Inc.(Dun & Bradstreet Corporation)

      12. 6.1.12 Silicon Sensing Systems Limited(Collins Aerospace and Sumitomo Precision Products)

      13. 6.1.13 Atlantic inertial systems Ltd(AIS Global Holdings LLC)

    2. *List Not Exhaustive

  7. 7. INVESTMENT ANALYSIS

  8. 8. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Accelerometer Industry Segmentation

Accelerometers are used to measure the acceleration of a moving body. The use of accelerometers is increasing due to their applications in various configurations. The accelerometers have applications in various end-user segments, such as aerospace and defense, industrial, consumer electronics, automotive, and other end-user industries, such as health care and energy. 

By End User
Aerospace and Defense
Industrial
Consumer Electronics
Automotive
Other End users
Geography
North America
United States
Canada
Europe
Germany
United Kingdom
France
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Rest Of The World
Need A Different Region Or Segment?
Customize Now

Accelerometer Market Research FAQs

The Accelerometer Market is projected to register a CAGR of 2.97% during the forecast period (2024-2029)

Honeywell International Inc., Analog Devices Inc., Robert Bosch GmbH, Northrop Grumman LITEF GmbH and Rockwell Automation Inc. are the major companies operating in the Accelerometer Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the North America accounts for the largest market share in Accelerometer Market.

The report covers the Accelerometer Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Accelerometer Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Accelerometer Industry Report

Statistics for the 2024 Accelerometer market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Accelerometer analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Accelerometer Market Report Snapshots

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

Accelerometers Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)