The rising advancement of global lifestyle has encouraged the use of equipment with better ergonomics. This is generally supported by the use of motion sensing technology which includes inertial sensors. IMUs are used majorly for applications like industrial, marine and military, for effective control, stabilization, navigation, guidance, and surveying. The demand across these applications is majorly driven by ability of IMUs to function in extreme environmental conditions, including heavy buildings, tunnels, and underwater.
The Global Inertial Measurement Unit Market is expected to be around US$ 27.60 Billion by 2027, at a CAGR of 5.50% during the forecast period.
Global Inertial Measurement Unit market is segregated on the basis of application as marine, unmanned aerial vehicles, consumer electronics, aircraft, space launch vehicles, missiles, automotive, unmanned ground vehicles, survey equipments, and unmanned marine vehicles. Based on component, the global Inertial Measurement Unit market is segmented in gyroscopes, magnetometers, and accelerometers. The report also bifurcates global Inertial Measurement Unit market based on technology in fiber optics gyro, mechanical gyro, ring laser gyro, MEMS, and others. On the basis of grade, the market is defined in space grade, navigation grade, commercial grade, marine grade and tactical grade.
Global Inertial Measurement Unit market report provides geographic analysis covering regions such as North America, Europe, Asia Pacific, and Rest of World. The Inertial Measurement Unit market for each region is further segmented for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
Bosch, Honeywell, Thales, General Electric are among the major players in the global Inertial Measurement Unit market share. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Inertial Measurement Unit Market has been segmented as below:
Inertial Measurement Unit Market, by Application
Inertial Measurement Unit Market, by Component
Inertial Measuement Unit Market, by Technology
Inertial Measurement Unit Market, by Grade
Inertial Measurement Unit Market, By Region
The report covers:
Report scope:
Global Inertial Measurement Unit market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Inertial Measurement Unit market share. Major industry players with significant revenue share include Bosch, Honeywell, and General Electric etc.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.2.1. Increasing demand for Aircraft
4.2.2. Increasing production of smart phones
4.2.3. Increasing Demand for Accuracy in Navigation
4.3. Restraints
4.3.1. High operational complexities in IMU
5. Inertial Measurement Unit Market, By Application
5.1. Key Points
5.2. Marine
5.3. Unmanned Aerial Vehicles
5.4. Consumer Electronics
5.5. Aircraft
5.6. Space Launch Vehicles
5.7. Missiles
5.8. Automotive
5.9. Unmanned Ground Vehicles
5.10. Survey Equipments
5.11. Unmanned Marine Vehicles
6. Inertial Measurement Unit Market, By Component
6.1. Key Points
6.2. Gyroscopes
6.3. Magnetometers
6.4. Accelerometers
7. Inertial Measurement Unit Market, By Technology
7.1. Key Points
7.2. Fiber optics Gyro
7.3. Mechanical Gyro
7.4. Ring Laser Gyro
7.5. MEMS
7.6. Others
8. Inertial Measurement Unit Market, By Grade
8.1. Key Points
8.2. Space Grade
8.3. Navigation Grade
8.4. Commercial Grade
8.5. Marine Grade
8.6. Tactical Grade
9. Competitive Landscape
9.1. Introduction
9.2. Recent Developments
9.2.1. Mergers &Acquisitions
9.2.2. New Product Developments
9.2.3. Portfolio/Production Capacity Expansions
9.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.2.5. Others
10. Company Profile
10.1. Honeywell
10.1.1. Company Overview
10.1.2. Product/Service Landscape
10.1.3. Financial Overview
10.1.4. Recent Developments
10.2. Thales
10.2.1. Company Overview
10.2.2. Product/Service Landscape
10.2.3. Financial Overview
10.2.4. Recent Developments
10.3. General Electric
10.3.1. Company Overview
10.3.2. Product/Service Landscape
10.3.3. Financial Overview
10.3.4. Recent Developments
10.4. Trimble Navigation
10.4.1. Company Overview
10.4.2. Product/Service Landscape
10.4.3. Financial Overview
10.4.4. Recent Developments
10.5. Bosch
10.5.1. Company Overview
10.5.2. Product/Service Landscape
10.5.3. Financial Overview
10.5.4. Recent Developments
10.6. Lord Microstrain
10.6.1. Company Overview
10.6.2. Product/Service Landscape
10.6.3. Financial Overview
10.6.4. Recent Developments
10.7. Gladiator Technologies
10.7.1. Company Overview
10.7.2. Product/Service Landscape
10.7.3. Financial Overview
10.7.4. Recent Developments
The Inertial Measurement Unit Market has been segmented as below:
Inertial Measurement Unit Market, by Application
Inertial Measurement Unit Market, by Component
Inertial Measurement Unit Market, by Technology
Inertial Measurement Unit Market, by Grade
Inertial Measurement Unit Market, By Region
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