|By Business Wire||
|February 3, 2014 02:16 PM EST||
Research and Markets (http://www.researchandmarkets.com/research/8tl965/global_mems) has announced the addition of the "Global MEMS Gyroscope Market Report to 2016" report to their offering.
One of the major drivers is the growing Smartphones market. MEMS gyroscopes provide a high level of motion sensing accuracy in a smartphone for its various applications. The rapid increase in the sales of smartphones across the globe has led to an increase in the demand for MEMS gyroscopes.
The increasing usage of MEMS gyroscopes in digital cameras is a major trend that is expected to contribute to the growth of the market. The MEMS Gyroscope market is increasing its applications in digital cameras. MEMS gyroscopes provide high stability in digital cameras, thereby helping deliver images with high clarity. As the demand for digital cameras with higher megapixels is increasing in the Consumer Electronics market, the adoption of MEMS gyroscopes is also increasing. MEMS gyroscopes help capture even minute details with high resolution. These features make digital cameras more efficient and this is therefore increasing sales.
Further, the report states that one of the key challenges in this market is the high competition among vendors. The increasing competition is leading to fierce price wars, forcing vendors to provide MEMS gyroscopes at lower prices than their competitors. This is one of the major factors affecting the growth of the market.
The key vendors dominating this market space are:
- InvenSense Inc.
- STMicroelelctrionics NV
- Epson Toyocom Corp.
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
06. Market Landscape
07. Geographical Segmentation
08. Key Leading Countries
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/8tl965/global_mems
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