TechNavio Announces the Publication of its Report – Global MEMS Accelerometer Market 2011“2015

Renewable energy

TechNavio today launched its report Global Microelectromechanical System (MEMS) Accelerometer Market 2011“2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the key trends impacting this market.
Commenting on the report, an analyst from TechNavio™s Embedded Systems team said, One of the important growth drivers in the Global MEMS Accelerometer market is the decline in the prices of MEMS accelerometers. The average selling prices (ASPs) of MEMS accelerometers are expected to decline during the forecast period. This will make them affordable for different consumer electronics applications. End-users will be able to avail of high-performance output at a low cost. The prices of MEMS accelerometers are declining because of bulk volume production, and also to facilitate the increased application of MEMS accelerometers in the Consumer Electronics segment.
According to the report, the growing usage of MEMS accelerometers in cameras is another emerging trend in the Global MEMS Accelerometer market. An MEMS accelerometer is useful in a still camera to clearly capture an image. It is also useful for image stabilization in camcorders. MMES accelerators are also used in many mobile phone cameras. In digital cameras, they identify the orientation of the image being captured and also rotate the image when it is being viewed. Thus, all these features have made cameras very attractive to end-users, which lead to the growth of the Global MEMS Accelerometer market.
Further, the report also discusses that the high production cost of MEMS accelerometers is a challenge for the growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-mems-accelerometer-market-2011-2015
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