The market related to gyroscope includes manufacturing and utilization of gyroscopic sensors in several fields. Gyroscope are essential elements applied for controlling and determining the position of various objects including portable devices, modern drones, space vehicles and submarines. They work on the basis of the concept of angular momentum and enable correct measurement of rotations in various axes. The miniaturization due to improvements in the micro-electromechanical systems (MEMS) has promoted the use of gyroscopes in portable gadgets, automotive applications/ inertial navigation, and industrial uses.