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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.

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.

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 2020. 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: Research Scope

Global MEMS Inertial Sensors Market, by Grade

  • Marine
  • Navigation
  • Tactical
  • Space
  • Commercial

Global MEMS Inertial Sensors Market, by Application

  • Consumer Electronics
  • Missiles
  • Marine
  • UAV
  • UGV
  • UMV

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

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Mems Inertial Sensors Market

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