Gyroscope Market Key Companies Profile and SWOT Analysis by 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Gyroscope Market covers analysis By Type (MEMS Gyroscope, Ring Laser Gyroscope, Fiber Optic Gyroscope, Hemispherical Resonator Gyroscope, Others); End User (Consumer Electronics, Automotive, Aerospace and Defense, Industrial, Medical, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Oct 2025
  • Report Code : TIPRE00014694
  • Category : Electronics and Semiconductor
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150
Page Updated: Jan 2025

AI overview of Gyroscope Market


The Gyroscope Market is poised for significant growth, with a projected market size reaching US$ XX million by 2031, reflecting a CAGR of 5.2% from 2025 to 2031. This growth is driven by advancements in technology, particularly in solid-state gyroscopes and the increasing adoption of gyroscopes in consumer electronics such as smartphones and navigational devices. Historical data from 2021 to 2023 indicates a robust foundation for this market, which is segmented by technology type, application, and geography. Key regions include North America, Europe, and Asia-Pacific, where demand is surging. As the Gyroscope Market evolves, trends such as energy efficiency and miniaturization will play crucial roles in shaping its future, offering exciting opportunities for stakeholders.


The Gyroscope Market is expected to register a CAGR of 5.2% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented by Technology Type (MEMS Gyroscope, Fiber Optic Gyroscope (FOG), Ring Laser Gyroscope (RLG), Hemispherical Resonator Gyroscope (HRG), Dynamically Tuned Gyroscope (DTG), Others); Application (Smartphones, Tablets, Cameras, Game Consoles, Laptops, Navigational Devices, Others); End-User (Consumer Electronics, Automotive, Aerospace and Defense, Industrial, Marine, Others). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments

Purpose of the Report

The report Gyroscope Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Gyroscope Market Segmentation

Technology Type

  • MEMS Gyroscope
  • Fiber Optic Gyroscope
  • Ring Laser Gyroscope
  • Hemispherical Resonator Gyroscope
  • Dynamically Tuned Gyroscope

Application

  • Smartphones
  • Tablets
  • Cameras
  • Game Consoles
  • Laptops
  • Navigational Devices

End-User

  • Consumer Electronics
  • Automotive
  • Aerospace and Defense
  • Industrial
  • Marine

Geography

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

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Gyroscope Market: Strategic Insights

gyroscope-market
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    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Gyroscope Market Growth Drivers

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Gyroscope Market Future Trends

  • Advancements in Solid-State Gyroscopes: Traditional mechanical gyroscopes have been largely replaced by solid-state gyroscopes, particularly in applications that require smaller, more durable, and cost-effective solutions. Solid-state gyroscopes, such as MEMS-based gyroscopes, offer a number of advantages over their mechanical counterparts, including higher reliability, lower cost, reduced power consumption, and greater compactness. These advancements are making gyroscopes more accessible and practical for use in consumer devices, wearables, automotive applications, and robotics. The continuous improvements in the performance and scalability of solid-state gyroscopes are making them suitable for even more demanding applications, including those in aerospace, defense, and medical devices.
  • Focus on Energy Efficiency: Another important trend is the increasing focus on energy efficiency in gyroscopes, particularly in applications where battery life is critical, such as wearable devices, drones, and mobile devices. Manufacturers are designing gyroscopes that consume less power while maintaining high levels of accuracy and performance. This trend is particularly significant in the context of IoT devices and portable systems, where long battery life is a key selling point. Advances in low-power MEMS gyroscopes and energy-efficient sensor fusion technologies are making it possible to incorporate gyroscopic sensors into a broader range of products without significantly draining power. As energy efficiency becomes an even greater priority across industries, the development of ultra-low-power gyroscopes will remain a key trend.

Gyroscope Market Opportunities

  • Advancements in Miniaturization and MEMS Technology: The rise of Micro-Electro-Mechanical Systems (MEMS) technology is a significant driver of the gyroscope market. MEMS gyroscopes are smaller, lighter, and more cost-effective than traditional mechanical gyroscopes, making them ideal for portable and mass-market applications. MEMS gyroscopes are increasingly being used in smartphones, wearables, drones, and other consumer electronics, as well as in automotive safety systems, due to their compact size and low power consumption. The ongoing advancements in MEMS technology have made gyroscopes more accurate, reliable, and affordable, expanding their use in industries that previously could not afford or justify the use of gyroscopic sensors. This trend of miniaturization continues to drive market growth, particularly in consumer electronics and automotive sectors.
  • Adoption in Consumer Electronics: One of the most significant growth opportunities for the gyroscope market lies in the expanding adoption of gyroscopic technology in consumer electronics. Gyroscopes are crucial components in a wide range of consumer devices, including smartphones, smartwatches, fitness trackers, virtual reality (VR) headsets, and gaming consoles. In smartphones, for instance, gyroscopes are used for screen orientation, motion sensing in augmented reality (AR) applications, and gaming. As the demand for AR and VR experiences grows, particularly in gaming, education, and professional applications, the need for more precise and responsive gyroscopes will increase. Furthermore, as wearables become more sophisticated, there is a growing need for MEMS gyroscopes that can track movement and orientation with high precision, presenting a significant opportunity for the gyroscope market.

Gyroscope Market Regional Insights

The regional trends and factors influencing the Gyroscope Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Gyroscope Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Gyroscope Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 5.2%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Technology Type
  • MEMS Gyroscope
  • Fiber Optic Gyroscope
  • Ring Laser Gyroscope
  • Hemispherical Resonator Gyroscope
  • Dynamically Tuned Gyroscope
By Application
  • Smartphones
  • Tablets
  • Cameras
  • Game Consoles
  • Laptops
  • Navigational Devices
By End-User
  • Consumer Electronics
  • Automotive
  • Aerospace and Defense
  • Industrial
  • Marine
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Honeywell International Inc.
  • Bosch Sensortec GmbH
  • Analog Devices, Inc.
  • Trimble Inc.
  • Murata Manufacturing Co., Ltd
  • Silicon Sensing Systems Limited
  • Parker Hannifin Corp
  • MEMSIC Semiconductor Co., Ltd.
  • Northrop Grumman
  • EMCORE Corporation

  • Gyroscope Market Players Density: Understanding Its Impact on Business Dynamics

    The Gyroscope Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.


    gyroscope-market-cagr

    • Get the Gyroscope Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Gyroscope Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Gyroscope Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.


    Frequently Asked Questions

    1
    What are the deliverable formats of the gyroscope market report?
    The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
    2
    What are the options available for the customization of this report?
    Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
    3
    What are the driving factors impacting global gyroscope market?
    Increased demand for navigation systems and advancements in MEMS technology are the major factors driving the gyroscope market.
    4
    What are the future trends of gyroscope market?
    Increased focus on high-performance and multi-axis gyroscopes is likely to remain a key trend in the market.
    5
    What is the expected CAGR of gyroscope market?
    Global gyroscope market is expected to grow at a CAGR of 5.2% during the forecast period 2024 - 2031.
    6
    Naveen Chittaragi
    Associate Vice President,
    Market Research & Consulting

    Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

    Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

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