SemiMedia SemiMedia
  • Breaking News
  • MarketWatch
  • Distribution
  • Manufacturer
  • Video
  • About us
Home › MarketWatch › Market size of high-end inertial sensors is expected to reach $3.8 billion in 2025
  • 0

Market size of high-end inertial sensors is expected to reach $3.8 billion in 2025

SemiMediaEdit
September 28, 2020

Yole Developpement recently released a report stating that the global market value of high-end inertial sensor systems in 2019 is 3.24 billion U.S. dollars, and the annual growth rate is expected to be 2.7% in the future and reach a market size of 3.8 billion U.S. dollars in 2025.

The Covid-19 pandemic has had a huge impact on the application market. "Air travel has paralyzed due to the pandemic and future plane orders have been revised downwards." said Guillaume Girardin, head of Yole's sensing department。

It may take several years for commercial aerospace to return to pre-epidemic levels. From 2019 to 2025, the compound annual growth rate of high-end inertial systems related to aerospace is expected to be -0.4%. On the other hand, areas such as drones and reusable rockets are expected to grow faster.

Market size of high-end inertial sensors is expected to reach $3.8 billion in 2025-SemiMedia

In the industrial market, Yole analysts predict that the demand for inertial sensor systems in the industrial market will shrink in 2020 under the influence of factors such as supply chain, oil and gas projects being postponed or cancelled. However, growth is expected to resume in 2021 and is expected to double within 5 years due to the explosion of new application markets such as industrial robots, IioT, and nanosatellites.

Related

electronic components news inertial sensor market Yole Developpement
NXP's $100M expansion at Chandler factory is now in operation
Previous
Mouser and ST released a new e-book, offfers expers opinios on developing smart home devices
Next

All Comments (0)

Back
No Comment.

Top Post

Fire broke out at AKM factory in Japan
Mouser Electronics expands to the Philippines with local customer service center
Qualcomm ranked first in the world's top ten IC design companies
Analyze the key factors and prospects of electronic components shortage from the perspective of wafer industry
What is the root cause of the decline of the Japanese semiconductor industry?
ST releases price increase notice

Subscribe SemiMedia

Please check your E-mail to confirm the subscribtion.

Related posts

Marvell teams up with Rebellions to deliver custom AI infrastructure for sovereign markets

Marvell teams up with Rebellions to deliver custom AI infrastructure for sovereign markets

July 31, 2025
0
Nvidia expected to take 60% of CoWoS wafer supply by 2026, TSMC to expand packaging in U.S.

Nvidia expected to take 60% of CoWoS wafer supply by 2026, TSMC to expand packaging in U.S.

July 31, 2025
0
Renesas launches RZ/G3E MPU with AI acceleration and edge computing for industrial HMI applications

Renesas launches RZ/G3E MPU with AI acceleration and edge computing for industrial HMI applications

July 31, 2025
0
Littelfuse unveils foldback TVS diode series for advanced DC power protection

Littelfuse unveils foldback TVS diode series for advanced DC power protection

July 30, 2025
0
2
Copyright © 2017-2025 SemiMedia. Designed by nicetheme.
  • Please set up your first menu at [Admin -> Appearance -> Menus]
  • electronic components news
  • Electronic components supplier
  • Electronic parts supplier
  • Infineon
  • Electronic component news
  • Renesas
  • Vishay
  • STMicroelectronics
  • NXP
  • TDK

SemiMediaEdit

Administrator