Gyro Sensors Market - By Technology (Piezoelectric MEMS Gyro Sensors, Capacitive MEMS Gyro Sensors, Thermal MEMS Gyro Sensors), By Type (Single-axis, Dual-axis, Multiple-axis), By End-User & Forecast, 2024 – 2032

Gyro Sensors Market Size

Gyro Sensors Market was valued at over USD 900 million in 2023 and is anticipated to grow at a CAGR of over 9.5% between 2024 and 2032. The proliferation of advanced driver assistance systems (ADAS) technologies in vehicles is driving the demand for gyro sensors. Gyro sensors are essential components in ADAS systems such as lane departure warning, adaptive cruise control, and collision avoidance systems. These systems rely on gyro sensors to detect vehicle movements, track lane deviations, and maintain safe distances from other vehicles, thereby improving overall driving safety and reducing the risk of accidents.
 

For instance, in December 2023, Panasonic Life Solutions launched the 6-in-1 gyro sensor, aimed at revolutionizing automotive safety and performance standards. The sensor facilitates real-time monitoring and precise analysis of critical parameters, empowering vehicles with heightened safety features and operational intelligence.
 

The growing focus on integration of advanced technology is driving the gyro sensor market. Advancements in sensor design, materials, and manufacturing processes have led to the development of gyro sensors with higher resolution, lower noise levels, and reduced drift, enabling more precise measurement and control of angular motion. For instance, in January 2024, Murata Manufacturing Co., Ltd. launched the SCH16T-K01, a next-generation 6DoF inertial sensor designed for high-precision machine control and positioning applications.
 

Calibration processes for gyro sensors can be complex and require specialized knowledge and expertise. Ensuring accurate calibration often involves understanding sensor characteristics, measurement techniques, and environmental factors that can affect sensor performance. Manufacturers and end-users may face challenges in finding qualified personnel with the necessary skills and expertise to perform calibration tasks effectively. Gyro sensors are prone to drift over time, resulting in inaccuracies in measurement and orientation estimation. Calibration and compensation techniques are used to mitigate drift and maintain sensor accuracy.
 

Gyro Sensors Market Trends

AI algorithms are being increasingly integrated into gyro sensors to improve sensor fusion techniques. By combining data from gyro sensors with other sensors like accelerometers and magnetometers, AI-powered sensor fusion algorithms can provide more accurate and reliable motion sensing, orientation estimation, and navigation capabilities. These advancements enable gyro sensors to deliver more precise measurements and enhance overall system performance in various applications, including automotive, aerospace, and robotics. For instance, in December 2022, STMicroelectronics launched a 6-axis Inertial Measurement Unit (IMU), the LSM6DSV16X. It contains 3-axis gyroscope for a wide range of applications, including 3D phone mapping, context awareness in laptops and tablets, gesture recognition for XR headsets, and always-on activity tracking.
 

The adoption of Industry 4.0 principles and smart manufacturing practices is driving the demand for gyro sensors in industrial automation and control systems. Gyro sensors play a crucial role in providing accurate motion sensing, orientation detection, and position tracking in industrial machinery, robots, and equipment. As industries strive to improve productivity and flexibility in manufacturing processes, the demand for gyro sensors for industrial applications is on the rise. For instance, in November 2022, Murata Manufacturing Co., Ltd.  introduced a MEMS (Micro-Electro-Mechanical Systems) sensor family, the SCC400T series, comprising combined gyroscope and accelerometer sensors.
 

Gyro Sensors Market Analysis

Based on type, the market is segmented into single-axis, dual-axis multiple-axis. In 2023, the single-axis segment dominated the market with over 30% of the global share.
 

Ongoing advancements in MEMS technology have led to improvements in the performance, sensitivity, and reliability of single-axis gyro sensors. These technological advancements continue to drive the adoption of single-axis gyro sensors in industrial and automotive applications, enabling enhanced system performance and functionality. In industrial and automotive applications, single-axis gyro sensors are used for tasks such as vehicle stability control, navigation, and machine condition monitoring. The reliability, accuracy, and affordability of single-axis sensors make them essential components in these critical systems.

Based on end-use, the gyro sensors market has been divided into consumer electronics, automotive, industrial, and others. The automotive segment is anticipated to register a CAGR of over 10.5% from 2024 & 2032.
 

The automotive industry is experiencing a significant shift towards autonomous driving technologies. Gyro sensors play a crucial role in enabling vehicle stability control, navigation systems, and precise motion tracking, which are essential components of autonomous driving systems. Gyro sensors are integral to ADAS and Electronic Stability Control (ESC) systems in modern vehicles. These systems rely on gyro sensors to accurately detect and respond to changes in vehicle dynamics, enhancing safety and stability under various driving conditions. In April 2023, ACEINNA Inc. announced the general availability of the IMU330RA, IMU designed for use across various applications. The IMU330RA has 6 Degrees of Freedom (6-DOF) inertial sensor configuration, providing users with precise measurement capabilities for both acceleration and angular rate.

Asia Pacific dominated the gyro sensors market and is anticipated to register a CAGR of over 11% from 2024 to 2032. The region is the largest automotive market globally, with countries like China, Japan, South Korea, and India leading in automobile production and sales. Gyro sensors play a crucial role in automotive applications for vehicle stability control, rollover detection, navigation systems, and ADAS, driving market demand in the region.
 

Gyro Sensors Market Share

Analog Devices, Inc. founded in 1965 and headquartered in Norwood, Massachusetts, is a leading global semiconductor company. It specializes in design, manufacturing, and marketing of a broad range of mixed-signal, analog, and digital signal processing (DSP) integrated circuits (ICs). The company also produces gyroscopes with exceptional precision, accuracy, and reliability.
 

Murata Manufacturing Co., Ltd. Founded in 1944 and headquartered in Kyoto, Japan. The company is a leader in the design, development, and manufacturing of electronic components and solutions. Murata Manufacturing Co., Ltd is the provider of electronic components, including sensors, resonators, ceramic capacitors, inductors, and wireless communication modules.
 

Gyro Sensors Market Companies

Major players operating in the gyro sensors industry are:

• Analog Devices, Inc.
• Honeywell International Inc.
• InnaLabs
• InvenSense
• Murata Manufacturing Co., Ltd.
   

Gyro Sensors Industry News

• In January 2024, Murata Manufacturing Co., Ltd. revealed its latest innovation in the gyro sensor market with the introduction of the CH16T-K01, an inertial 6DoF XYZ-axis gyroscope and XYZ-axis accelerometer designed to revolutionize high-precision machine control and positioning applications. CH16T-K01 sensor has excellent linearity and offset stability across the entire temperature range. This ensures consistent and accurate performance even in demanding operating conditions, making it an ideal choice for industrial environments where precision and reliability are paramount.
   
• In November 2022, InvenSense expanded its smart automotive line with the introduction of the InvenSense IAM-20380HT high-temperature automotive monolithic 3-axis motion tracking sensor platform solution. With its high-temperature capabilities and robust design, the IAM-20380HT is tailored to meet the rigorous demands of non-safety automotive applications. Its advanced features and reliability make it an ideal choice for a wide range of automotive applications, including navigation systems, vehicle stability control, and driver assistance systems.
   

The gyro sensors market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments:

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Market, By Technology

• Piezoelectric MEMS gyro sensors
• Capacitive MEMS gyro sensors
• Thermal MEMS gyro sensors

Market, By Type

• Single-axis
• Dual-axis
• Multiple-axis

Market, By End-User

• Consumer electronics
• Automotive
• Industrial
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ANZ
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA