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Accelerometer Market 2019 | Rising Status of Key Players, Industry Size & Share, Growth Factors, New Technologies Revenue Forecast by 2024

Accelerometer

The “Accelerometer Market” report 2019 provides information for market players, stakeholders, investors, and business strategists to achieve a leading position the market. It maintains the record of Unusual growth strategies adopted by various companies are creating new standards for competition in the global Accelerometer market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market. The impact of prevailing regulatory scenario on both regional and worldwide Accelerometer market is provided in detail in the report.

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Accelerometer Market Covers Key Players:

  • Analog Devices Inc.
  • Robert Bosch GmbH
  • Honeywell International Inc.
  • Northrop Grumman LITEF GmbH
  • STMicroelectronics
  • InvenSense (TDK Group company)
  • Rockwell Automation Inc.
  • iXblue SAS
  • Kearfott Corporation(Astronautics Corporation of America)
  • Al Cielo Inertial Solutions Ltd
  • Meggitt Orange County Inc.(Dun & Bradstreet Corporation)
  • Silicon Sensing Systems Limited(Collins Aerospace and Sumitomo Precision Products)
  • Atlantic inertial systems Ltd(AIS Global Holdings LLC)

    Market Overview:

  • The accelerometer market is expected to register a CAGR of 2.97% over the forecast period (2019 – 2024). 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.

    Report Highlights:

    • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
    • Market forecasts till 2024, using estimated market values as the base numbers
    • Key market trends across the business segments, Regions and Countries
    • Key developments and strategies observed in the market
    • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
    • In-depth company profiles of key players and upcoming prominent players
    • Growth prospects among the emerging nations through 2024
    • Accelerometer Market opportunities and recommendations for new investments

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    Scope of the Report:

  • 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.

    Key Market Trends:

    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.

    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.

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    Detailed TOC of Accelerometer Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Emergence of the MEMS Technology
    4.3.2 Increasing Demand from Consumer Electronics
    4.3.3 Developing Aerospace and Defense Sector (High-end Accelerometers)
    4.4 Market Restraints
    4.4.1 Costs and Complexity Concerns
    4.5 Value Chain / Supply Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By End User
    5.1.1 Aerospace and Defense
    5.1.2 Industrial
    5.1.3 Consumer Electronics
    5.1.4 Automotive
    5.1.5 Other End users
    5.2 Geography
    5.2.1 North America
    5.2.1.1 United States
    5.2.1.2 Canada
    5.2.2 Europe
    5.2.2.1 Germany
    5.2.2.2 United Kingdom
    5.2.2.3 France
    5.2.2.4 Rest of Europe
    5.2.3 Asia-Pacific
    5.2.3.1 China
    5.2.3.2 Japan
    5.2.3.3 India
    5.2.3.4 South Korea
    5.2.3.5 Rest of Asia-Pacific
    5.2.4 Rest of the World

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Analog Devices Inc.
    6.1.2 Robert Bosch GmbH
    6.1.3 Honeywell International Inc.
    6.1.4 Northrop Grumman LITEF GmbH
    6.1.5 STMicroelectronics
    6.1.6 InvenSense (TDK Group company)
    6.1.7 Rockwell Automation Inc.
    6.1.8 iXblue SAS
    6.1.9 Kearfott Corporation(Astronautics Corporation of America)
    6.1.10 Al Cielo Inertial Solutions Ltd
    6.1.11 Meggitt Orange County Inc.(Dun & Bradstreet Corporation)
    6.1.12 Silicon Sensing Systems Limited(Collins Aerospace and Sumitomo Precision Products)
    6.1.13 Atlantic inertial systems Ltd(AIS Global Holdings LLC)

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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    Name: Ajay More

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