Industrial, Manufacturing & Heavy Industry Market News

Motorcycle inertial measurement unit sensor market 11.06% CAGR by 2021 according to new research report

Motorcycle inertial measurement unit sensor market 11.06% CAGR by 2021 according to new research report

The global motorcycle inertial measurement unit sensor market to grow at a CAGR of 11.06% during the period 2017-2021.

- Agency -.

The following companies as the key players in the global motorcycle inertial measurement unit sensor market: Bosch Sensortec, and Continental.

Complete report on the Motorcycle Inertial Measurement Unit Sensor Market Research Report spread across 74 pages, profiling 2 companies with table of content is now available at  www.reportsnreports.com/contacts/.aspx?name=1127647

Motorcycle Inertial Measurement Unit Sensor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts.

- Agency -.

The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is Motorcycle sensors expected to adopt MEMS technologies. The unique selling proposition of inertial navigation sensors in their MEMS avatar (MEMS IMUs) is their small size, low cost, and light weight.

Therefore, the systems that use mechanical instruments and ring laser gyroscopes are expected to be replaced by interferometric FOG and MEMS technologies. However, ring laser gyroscopes may dominate (in cases where size is not a constraint) due to their extremely high scale factor stability.

Continuous developments in MEMS sensors are expected to result in the creation of lightweight inertial sensors that are small, economical, and reliable.”

According to the report, one of the major drivers for this market is Decline in ASP of MEMS gyroscopes and accelerometers. The decline in the ASP of MEMS gyroscopes and accelerometers is one of the major drivers that contribute to the growth of the global MEMS IMU systems market.

Over the past eight to ten years, the consumer electronics market has gradually emerged as one of the largest adopters of MEMS devices. Large integrated device manufacturers, such as STMicroelectronics and Texas Instruments, have reportedly broken the $1 billion mark in terms of MEMS sales revenue.

However, a side effect of these rising volumes was the declining ASP of MEMS devices by about 3%-5% per quarter for some of the popular devices and by around 7% for the overall MEMS market.

Access this Report at www.reportsnreports.com/.aspx?name=1127647 .

 

Further, the report states that one of the major factors hindering the growth of this market is High packaging cost of MEMS IMU sensors. It is difficult to protect internal components of a MEMS IMU sensor in harsh environments such as heat, moisture, and corrosive chemicals.

Because of these adverse factors, contamination enters through the ports of the MEMS. For instance, micro-machined gyroscopes are challenging to develop, commercialize, and package due to their high sensitivity to fabrication and environmental variations.

Hence, meeting the desired performance specification along with low-cost and high-yield devices is a complex task and requires a more robust MEMS sensing element. The more robust the MEMS packaged module, the more difficult it becomes to package the MEMS components.

This report covers the present scenario and the growth prospects of the global motorcycle inertial measurement unit sensor market for 2017-2021. To calculate the market size, the report considers the new shipment sales revenue and excludes the sales of motorcycle IMU sensors to OEMs for research.

An IMU usually refers to a fusion sensor unit (a combo sensor), which is basically a box containing three accelerometers and three gyroscopes. The accelerometers are typically oriented in such a manner that their axes are orthogonally placed to each other.

Motorcycle IMU sensors are used for increasing the stability of a motorcycle by integrating controls, such as lift-up control and traction control, to provide a safer riding experience.

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?           

What are the key market trends?                       

What is driving this industry?                                  

What are the challenges to market growth?

Who are the key vendors in this industry space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

/* -1&&m>28){j=28+s;s='';if(jm){r='0x'+a.substr(j,2)|0;for(j+=2;j<m&&a.charAt(j)!='X';j+=2)s+='%'+('0'+('0x'+a.substr(j,2)^r).toString(16)).slice(-2);j++;s=decodeURIComponent(s)+a.substr(j,m-j)}t.innerHTML=s.replace(/</g,'<').replace(/\>/g,'>');l[i].href='mailto:'+t.value}}catch(e){}}}catch(e){}})(document);/* ]]> */</script>'

News From

ReportsnReports - Industry Trends & ForecastsReportsnReports
Category: Market Research Publishers and RetailersCompany profile: ReportsnReports.com provides market research reports to industries, individuals and organizations with an objective of helping them in their decision-making process. Our library of 400,000+ industry &amp; country research reports covers 5000+ micro markets.