The global automobile gyroscope market is expected to grow at a significant CAGR during the forecast period (2021-2027). Gyroscopes are sensors that are used to measure orientation in a variety of devices. Gyroscopes have come a long way since their origin, owing to gradual technological advancements. As a result, they have become one of the most important components of navigation systems. Gyroscopes are key rotation sensing elements used in navigation systems, particularly inertial navigation systems (INS), attention and heading reference systems (AHRS), and inertial measurement units (IMUs) for human and unmanned aircraft, spacecraft, marine, and surface vehicles. The ring laser gyro (RLG) is used to measure rotation. It is an easy-to-use compact unit for the automobile industry owing to its economical high-performance inertial sensor with electronics, power supply, and sense element.
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Overall, there is fierce competition among the existing competitors. In April 2019, ST Microelectronics N.V. introduced a MEMS device featuring an accelerometer and a high-accuracy temperature sensor for improved precision. It aids in temperature correction by utilizing the sensor’s high precision. With 65 various user modes, the accelerometer offers unprecedented versatility, allowing developers to minimize power consumption and noise to match application-specific needs.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automobile Gyroscope Market Report
By Type
- 2 Axle
- 3 Axle
- 6 Axle
By Technology
- MEMS Gyroscope
- Fibre Optic Gyroscope(FOG)
- Ring Laser Gyroscope (RLG)
- Hemispherical Resonating Gyroscope (HRG)
- Dynamically Tuned Gyroscopes (DTG)
- Other Technologies
By Application
- Commercial Vehicle
- Passenger Vehicle
By Region
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
- Latin America
- Middle East & Africa
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