Inertial Measurement Unit Market Size – USD 17.84 Billion in 2018, Market Growth - CAGR of 5.93%, Market Trends – Rising smartphone market, a major consumer of the Inertial Measurement Unit, is the primary factor driving the growth of the IMU market over the forecast period.
New York, NY -- (SBWIRE) -- 02/19/2021 -- The market research report on the Global Inertial Measurement Unit Market is a conclusive study of the various techniques and advancements in the Inertial Measurement Unit sector. The report analyzes numerous segments of the market from industrial chain analysis to cost structure analysis. It puts a special emphasis on the production and end-user segment of the Inertial Measurement Unit market. The Inertial Measurement Unit market to reach a market value of USD 28.73 Billion is anticipated to grow at a CAGR of 5.93% during the forecast period of 2020-2027
The impact of the COVID-19 crisis on the industry and individual segment is studied in the report. It offers a comprehensive analysis of the current and future market trends with regard to the pandemic's effect on the industry. The report is updated with the latest economic scenario and dynamic changes in the market trends owing to the pandemic.
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The varying landscape for the overall Inertial Measurement Unit industry is offered in the report providing a comprehensive pattern of the Inertial Measurement Unit industry and its rapidly changing market landscape. The details mentioned in the report can assist the players in formulating strategies and approaches to gain a robust footing in the industry. Profitable insights and analytical data have been covered in the report to offer insight into global expansion strategies. Each key manufacturer and producer have been thoroughly assessed in the report.
The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies.
The key players studied in the report include:
Honeywell International (U.S.), Thales Group (France), Bosch (Germany), Northrop Grumman Corporation (U.S.), Kvh Industries (U.S.), Moog, Inc.(U.S.), Rockwell Collins (U.S.), Fairchild Semiconductors (U.S.), Analog Devices (U.S.), Xsens (Netherlands), Sensonor AS (Norway), and VectorNav Technologies (U.S.).
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The market report sheds light on the latest strategic developments and growth patterns of the market players to provide a clear view. The report is an investigative study that provides insights for the players to formulate their business expansion strategies and expand their footing in the market.
Factors affecting the leading industry players and the recent technological developments are covered in the report. The report provides detailed statistical data to help the leading companies to gain a deeper understanding of the workings of the industry. Every leading organization and players partaking in industrial development are studied in the report and a comprehensive overview of the competitive landscape is offered in the report.
Gyro Techniques (Revenue, USD Million; 2016–2026)
Ring Laser Gyro
Fiber Optic Gyro
Hemispherical Resonator Gyro
Micro-electrochemical systems
Vibrating gyro
Others
Components (Revenue, USD Million; 2016–2026)
Gyroscope
Magnetometer
Accelerometer
Platform (Revenue, USD Million; 2016–2026)
Aerial
Land
Naval
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Applications (Revenue, USD Million; 2016–2026)
Aerospace
Civil Aviation
General Aircraft
Commercial Aircraft
Helicopters
Military Aircraft
Fighter
Military Helicopters
Transport Carriers
Space launch vehicles
UAVs
Marine
Merchant Ships
Naval Ships
Unmanned Marine Vehicles
Consumer Electronics
Automotive
Survey Equipment
Others
The report offers:
An in-depth overview of the Inertial Measurement Unit market landscape
Assessment of the global industry trends for the historical period of 2017-2018, the current year 2019-2020, and a forecast estimation for the period 2020-2027
Overview of the company profiles and product portfolios
R&D advancements and technological developments in the global Inertial Measurement Unit industry
Market dynamics, trends, opportunities, and risks
Study of the market in terms of revenue and product consumption patterns
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Table of contents
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Introduction
2.2. Summary Snapshot, 2016 – 2026
2.3. Assumptions
2.4. Limitations
Chapter 3. Indicative Metrics
3.1. Rising Drone industry
3.2. Increasing security concerns
Chapter 4. Global Inertial Measurement Unit Market Segmentation & Impact Analysis
4.1. Global Inertial Measurement Unit Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market Indicators Analysis
4.2.2. Market Drivers Analysis
4.2.2.1. High growth of applications in MEMs
4.2.2.2. Increasing need for equipment with better ergonomics
4.2.2.3. Growing smartphone industry
4.2.3. Market Restraints Analysis
4.2.3.1. Accumulated error over time in navigation application
4.2.4. Market Opportunities Analysis
4.2.4.1. Autonomous Vehicles
4.2.4.2. Augmented Reality & Virtual Reality
4.3. Regulatory Framework
4.4. Porter's Five Forces Analysis
4.5. PESTEL Analysis of Inertial Measurement Unit market
Chapter 5. Global Inertial Measurement Unit Market, Gyro Techniques Insights & Trends
Continued…..
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