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Gyro Sensors Market Share

Report ID: GMI8304
Published Date: Feb 2024
Report Format: PDF

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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.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Industry size for gyro sensors surpassed USD 900 million in revenue in 2023 and is projected to expand at 9.5% CAGR between 2024 and 2032 owing to the ongoing proliferation of advanced driver assistance systems (ADAS) technologies in vehicles.

Gyro sensors market from the single-axis segment accounted for more than 30% revenue share in 2023 and is estimated to witness high demand till 2032 due to the ongoing advancements in MEMS technology leading to improvements in performance, sensitivity, and reliability

Asia Pacific market for gyro sensors is set to expand at over 11% CAGR from 2024 to 2032 owing to the expanding automotive sector, in countries like China, Japan, South Korea, and India

Some of the top companies engaged in the market are Analog Devices, Inc., Honeywell International Inc., InnaLabs, InvenSense, and Murata Manufacturing Co., Ltd.