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This Micro-Electromechanical Systems (MEMS) Gyroscopes market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Micro-Electromechanical Systems (MEMS) Gyroscopes report simplifies managing marketing of goods and services effectively.

Global Micro-Electromechanical Systems (MEMS) Gyroscopes Market was valued at USD 2.34 billion in 2021 and is expected to reach USD 5.12 billion by 2029, registering a CAGR of 9.10% during the forecast period of 2022-2029.

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Market Overview:

Micro-electromechanical systems (MEMS) gyroscopes refer to the mechanical devices that are widely utilized for measuring angular velocity and navigation. The technology operates on the principle of conservation of momentum. The MEMS technology consists of a free-rotating disk mounted onto a spinning axis. The disk is generally placed in the center of a larger and more stable wheel.

Micro-electromechanical systems (MEMS) gyroscopes are being highly utilized in automotive airbag systems, virtual reality (VR), consumer electronics, robotics and gaming consoles, among others. They are also used in digital cameras to capture high-resolution images with intricate details.

Some of the major players operating in the Micro-Electromechanical Systems (MEMS) Gyroscopes market are Analog Devices, Inc. (US), Bosch Sensortec GmbH (Germany), TDK Corporation. (Japan), STMicroelectronics (Switzerland), Murata Manufacturing Co., Ltd. (Japan), KIONIX, Inc. (US), ASC GmbH (Germany), SHENZHEN RION TECHNOLOGY CO., LTD (China), Seiko Epson Corp. (Japan), Maxim Integrated (US), MEMSIC Inc. (US), Althen (Germany), Safran Colibrys SA (Switzerland),  DYTRAN INSTRUMENTS INCORPORATED. (US), Gladiator Technologies (US), TDK Corporation. (Japan), Moog Inc. (US), Panasonic Corporation (Japan), Silicon Sensing Systems Limited (UK), Texas Instruments Incorporated. (US), and VectorNav Technologies, LLC (US), among others among others.

Global Micro-Electromechanical Systems (MEMS) Gyroscopes Market Scope

The micro-electromechanical systems (MEMS) gyroscopes market is segmented on the basis of type, application and end-use industry. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

Vibrating Wheel

Tuning Fork

Foucault Pendulum

Wine Glass Resonator

Others

Application

Mobile Devices

Cameras and Camcorders