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The Global MEMS Accelerometer Market Will Experience High Demand from Mobile Devices in the Coming Years: TechNavioThe Global MEMS Accelerometer Market is expected to grow at a CAGR of 6.6 percent from 2014-2019, says research firm TechNavio. About the Report MEMS accelerometers measure the translational or angular acceleration of sensor electronic devices. The need to develop advanced applications in mobile devices has fueled the demand for MEMS accelerometers in the market. Vendors are developing new applications that use built-in sensors to analyze different consumer activities. "The increased adoption of 3D technology in mobile devices, as well as utility applications such as compasses and rulers have increased the demand for MEMS accelerometers in mobile devices," says Faisal Ghaus, Vice President of TechNavio. The new report also emphasizes the development of applications in segments like automotive, consumer electronics and healthcare that are constantly evolving and increasing demand for MEMS accelerometers. The growing awareness about health, fitness and wellness has accelerated the demand for fitness-monitoring devices that employ motion sensors like MEMS accelerometers. Additionally, leading vendors in the Global MEMS Accelerometer market such as STMicroelectronics (News - Alert) and Bosch Sensortec have increased their investment in the R&D of sensors. "Increased R&D investment has led to the development of advanced versions and efficient accelerometers, which is expected to sstain growth in the market through the projected period," says Ghaus. Key Information Covered in the Report:
TechNavio currently has more than 3000 market research reports on a huge range of topics, including 300+ reports on the MEMS market: If you are interested in more information, please contact our media team at [email protected].
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