Europe Industry Analysis on MEMS Inertial Sensors Key Development Opportunities Hidden In Emerging Economies 2031

MEMS Inertial Sensors: Introduction
Micro electro mechanical systems (MEMS) technology has developed considerably in recent years and many sensors utilizing this technology are available in the market. MEMS technology enables miniaturization, mass production, and cost reduction of many sensors. In particular, MEMS inertial sensors that include an acceleration sensor and an angular velocity sensor are the most popular devices. Applications of inertial sensors are now moving toward the field of networked sensing systems. An inertial sensor can also include a gyro or an acceleration sensor. MEMS inertial sensors have seismic mass and supporting spring made of silicon and its structure is somewhat like acceleration sensors. Companies are manufacturing MEMS inertial sensors equipped with low noise sensors, processing and user configurable firmware. The products deliver precision measurement. These inertial measurement units/sensors (IMUs) are factory calibrated over the full temperature range, conditioned over environments, and are ideal for stabilization, navigation, and precision measurement applications.

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Rise in Demand for sensors designed and built for the most demanding dynamic environments Increase in demand for electronic gadgets globally is likely to drive the usage of MEMS inertial sensors during the forecast period. Countries such as China and India, are witnessing significant growth in electronic component manufacturing due to increase in demand for high quality sensors. This factor is fueling the demand for MEMS inertial sensors. Changing consumer preferences and advancements in technology is anticipated to drive the global MEMS inertial sensors market. Manufacturers design and shape the sensors for the most demanding dynamic environments, calibrated with auto temperature settings, and which are able to process the electronic devices with low latency high output rates of sensors. These inertial measurement sensors are ideal for high dynamic applications that require precision motion measurement.

Advantages and Benefits related to MEMS Inertial Sensors to Offer Lucrative Opportunities

Inertial sensors are crucial to autonomous navigation of unmanned aircraft. Inertial sensors for aerial robotics typically come in the form of an Inertial Measurement Unit (IMU) which consists of accelerometers, gyroscopes, and sometimes also magnetometers. Advantages of the product are that the inertial solutions can deliver high precision in an easy to operate open source development environment. Companies offer temperature calibrated solutions and these sensors deliver the performance needed to sense the real-world motion of present intelligent systems. Company products are now trending toward miniaturization and are fully calibrated with an inertial measurement system designed for demanding embedded applications that require a complete dynamic measurement solution in a robust low-profile package. The new IMUs can also provide a standard system bus for cost-effective board-to-board communications.

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Asia Pacific to Lead the Global Market

In terms of region, the global MEMS inertial sensors market can be split into North America, Europe, Asia Pacific, South America, and Middle-East & Africa. The MEMS inertial sensors market in Asia Pacific is anticipated to expand at the maximum CAGR during the forecast period. This growth can be attributed to miniaturization of electronic gadgets, improving standard of living, and rise in development and expenditure on electronic products. India and China are the leading electronic components manufacturers in the world. Thus, MEMS inertial sensor manufacturers in the region are expecting an increase in demand for their products. The MEMS inertial sensors market in North America and Europe is likely to witness stagnant growth. The market in South America and Middle East & Africa is estimated to show sluggish growth during the forecast period.

Key Players in the Global Market

The global MEMS inertial sensors market was highly fragmented in 2022. Prominent players operating in the global market are focusing on technological developments and expansion to meet the growing demand for MEMS inertial sensors. Moreover, manufacturers are entering partnerships for the development of innovative products and to gain higher profit margins.

Key players operating in the global MEMS inertial sensors market include:

Air Products and Chemicals
Aceinna
Gladiator Technologies
Honeywell
Aerospace Inc.
Bosch Sensortec GmbH
Thales Group
Northrop Grumman Corporation
Sensonor AS
Global MEMS Inertial Sensors Market, by Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
Japan
India
ASEAN
Rest of Asia Pacific
South America
Brazil
Rest of South America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
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North America
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Latin America
The Middle East and Africa
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