Nov 11th, 2025 · Comments Off on MEMS Industry Set for Strong Expansion, Projected to Hit $21.99 Billion by 2030
The global MEMS market is projected to grow from USD 17.61 billion in 2025 to USD 21.99 billion by 2030, at a CAGR of 4.6%. One key factor driving the MEMS market is the increasing demand for miniaturized and multifunctional sensors in consumer electronics. Devices like smartphones, smartwatches, and fitness trackers rely heavily on MEMS sensors for features such as motion detection, orientation...
Dec 5th, 2024 · Comments Off on Inertial Navigation Systems Market: Comprehensive Analysis and Future Outlook
Market Overview
The global inertial navigation systems (INS) market is projected to grow from USD 10.3 billion in 2024 to USD 13.5 billion by 2029, with a compound annual growth rate (CAGR) of 5.6%. The market’s growth is driven by increasing demand for reliable navigation solutions in GPS-restricted environments and the widespread adoption of autonomous technologies. As industries like defense,...