Multi-axis sensor market is anticipated to grow at a CAGR of 25.7% during the forecast period (2024-2031). The market’s growth is attributed to the growing demand for technological advances in sensor integration. Continuous improvements in sensor integration technologies help to drive the multi-axis sensor industry. The MiniONE Pro demonstrates how advanced sensing capabilities can be simply incorporated into a small package, reflecting larger developments in sensor technology. For instance, in June 2023, Bota Systems, launched the MiniONE Pro. This advanced six-axis force-torque sensor offers exceptional sensitivity and compactness, empowering small robotic systems with enhanced feedback capabilities. The MiniONE Pro is a sensor that connects robot arms and probes, providing sensitive feedback and precise measurements.
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Among the type, the MEMS gyroscopes sub-segment is expected to hold a considerable share of the global multi-axis sensor market. The segmental growth is attributed to the growing demand for technological advancements in MEMS gyroscope. Continuous technical developments in MEMS gyroscope technology propel innovation in the globally multi-axis sensor market. The development of temperature-resistant and lightweight sensors demonstrates the industry’s commitment to pushing technological frontier areas. For instance, in November 2022, TDK Corp. launched the Smart Automotive line of ASIL and non-ASIL motion sensors and the availability of InvenSense IAM-20380HT high temperature automotive monolithic 3-axis Motion Tracking sensor platform solution for non-safety automotive applications, that includes the IAM-20380HT 3-axis MEMS gyroscope and the DK-20380HT developer kit. Furthermore, IAM-20380HT is a lightweight, temperature-resistant gyroscope suitable for various automotive non-safety applications, including navigation, vehicle tracking, telematics, door control, and vision systems.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Multi-axis Sensor Market by Type
- MEMS Gyroscopes
- MEMS Accelerometers
- Digital Compass
- Motion Sensor Combos
- Others (Force and Tactile Sensors, and Tilt Sensors)
Global Multi-axis Sensor Market by Application
- Consumer Electronics
- Automotive
- Aerospace and Defense
- Medical and Healthcare
- Industrial and Manufacturing
- Others(Navigation and Geolocation, and Marine and Underwater Applications)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Hottinger Brüel & Kjær,
- Interface Singapore Pte. Ltd.,
- L3Harris Technologies, Inc.
- MEMSIC Group
- Moog Inc.
- Murata Electronics North America, Inc.
- OMRON Corp.
- Parker Hannifin
- Robert Bosch GmbH
- Sensata Technologies Holding plc
- STMicroelectronic
- Texas Instruments Inc.
- Trimble
- Vishay Intertechnology, Inc.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global multi-axis sensor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies. Competitive strategies by identifying ‘who-stands-where’ in the market.
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