- Key players include Epson Toyocom, InvenSense, Panasonic, STMicroelectronics NV
Gaming Applications segment will be dominating the Global MEMS Gyroscope Market for the period 2012-2016 according to the independent London-based Global Research Firm, TechNavio latest report on the Global MEMS Gyroscope Market 2012-2016.
Gaming Devices is one of the major segments witnessing a high adoption of MEMS gyroscopes. MEMS gyroscopes are finding usage in gaming controller applications and devices for providing an unmatched 3D experience for the users, enriching their gaming experience. This is resulting in a high growth from almost all regions, especially from the Americas.
Globally, the APAC region is leading this market with a forecast to reach US$1.03 billion by 2016. The Americas and the EMEA region are closely following this market and expected to grow at a CAGR of 10.4 percent and 11.9 percent respectively. Overall, the Global MEMS Gyroscope Market will be growing at a CAGR of 9.2 per cent during the forecast period with it finding usage among a host of products.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in order of importance.
If you are interested in more information on this topic and our upcoming research on the Global MEMS Gyroscope Market 2012-2016 please send an e-mail to media@TechNavio.com.
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global MEMS Gyroscope Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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