Inertial Measurement Unit (IMU) Market Expected to Expand at a CAGR of 8.1% During the Forecast Period 2018 to 2025

The Inertial Measurement Unit (IMU) market was valued at 2590 Million US$ in 2017 and is projected to reach 4850 Million US$ by 2025, at a CAGR of 8.1% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Inertial Measurement Unit (IMU).

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Albany, NY -- (SBWire) -- 11/01/2018 --This report presents the worldwide Inertial Measurement Unit (IMU) market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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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.

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 following manufacturers are covered in this report:
Honeywell International
Northrop Grumman Corp
SAFRAN
Thales
Kearfott
KVH Industries
UTC
Systron Donner Inertial
IAI Tamam
L3 Technologies
VectorNav
SBG systems
Navgnss
Starneto

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Inertial Measurement Unit (IMU) Breakdown Data by Type
High-performance IMU
MEMS Based IMU (except for consumer and automotive grade)

Inertial Measurement Unit (IMU) Breakdown Data by Application
Defense
Commercial Aerospace
Other Industrial Application

Inertial Measurement Unit (IMU) Production by Region
United States
Europe
China
Japan
South Korea
Other Regions

Inertial Measurement Unit (IMU) Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Inertial Measurement Unit (IMU) status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Inertial Measurement Unit (IMU) manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Inertial Measurement Unit (IMU) :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025

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This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Inertial Measurement Unit (IMU) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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