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Inertial Measurement Unit (IMU) Market Is Expected to 4850 Million US$ by the End of 2025

Inertial Measurement Unit (IMU) Market Report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.

 

Los Angeles, CA -- (SBWIRE) -- 04/19/2019 -- An IMU is a self-contained system that measures linear acceleration and angular motion/rotational rate using a combination of (typically) three gyroscopes and three accelerometers. IMUs are used as components of navigation and guidance systems to track the position, velocity, and orientation of a vehicle throughout a particular mission.

Honeywell, Northrop Grumman and SAFRAN captured the top three revenue share spots in the IMU market in 2017. Honeywell dominated with 32.78 percent revenue share, followed by Northrop Grumman with 19.28 percent revenue share and SAFRAN with 9.12 percent revenue share.

In this study, the consumption of Inertial Measurement Unit divided into four geographic regions: In North America, total Inertial Measurement Unit accounted for 38.60%. In the Europe, total Inertial Measurement Unit accounted for 31.00%. The market in China Inertial Measurement Unit accounted for 13.86 %, In Middle East, total Inertial Measurement Unit accounted for 4.27 %, and in other region 12.28 %. Among all regions, North America is estimated to represent the highest share.

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In terms of applications, the Defense segment was estimated to account for the highest sales volume share of 36.39 % in 2017. Industrial applications are significant today and are expected to be the most growing markets until 2025.

The global Inertial Measurement Unit (IMU) market was 2590 million US$ in 2018 and is expected to 4850 million US$ by the end of 2025, growing at a CAGR of 8.1% between 2019 and 2025.

This report studies the Inertial Measurement Unit (IMU) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Inertial Measurement Unit (IMU) in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Honeywell International

Northrop Grumman Corp

SAFRAN

Thales

Kearfott

KVH Industries

UTC

Systron Donner Inertial

IAI Tamam

L3 Technologies

VectorNav

SBG systems

Navgnss

Starneto

By the product type, the market is primarily split into

High-performance IMU

MEMS Based IMU (except for consumer and automotive grade)

By the end users/application, this report covers the following segments

Defense

Commercial Aerospace

Other Industrial Application

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