Accelerometer and Gyroscope Market Report, published by Allied Market Research, forecasts that the Accelerometer and Gyroscope Market was valued at $3 billion in 2015, and is projected to reach $5 billion by 2022, growing at a CAGR of 7.0% from 2016 to 2022. The MEMS accelerometer segment held major share among all the accelerometers in 2015.
Access full summary at: www.alliedmarketresearch.com/accel…-gyroscope-market
In 2015, accelerometer contributed a major share in the market, and is expected to maintain its dominant position throughout the analysis period, due to its extensive usage across defense applications such as missile launch and control; in air bags of cars to activate them in case of sudden impact; and in several consumer electronic equipment. However, gyroscope is expected to grow with the highest CAGR of 7.3% during the forecast period.
Category: Market Research Publishers and RetailersCompany about: Allied Market Research is a global market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market dom ...