Gyroscope Market Growth, Analysis and Forecast to 2027
The increased demand for unmanned aerial vehicles, advanced aircraft, and improved smartphone technology contribute to the growth of the gyroscope market. Gyroscopes are used to calibrate or measure the angular velocity. The global gyroscope market has been mainly segmented on the basis of type and application. MEMS sensors hold the largest market share while the consumer electronics segment is expected to show the highest growth rate during the forecast period. Continous technological advancement plays a crucial role in the development of MEMS gyroscopes for their use in medical pressure sensing, electronic stability and control, GPS navigation, and anti-rollover systems.
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