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.
According to this study, over the next five years the Inertial Measurement Unit (IMU) market will register a 9.4% CAGR in terms of revenue, the global market size will reach US$ 4440 million by 2024, from US$ 2590 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Inertial Measurement Unit (IMU) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Inertial Measurement Unit (IMU) market by product type, application, key manufacturers and key regions and countries.
This study considers the Inertial Measurement Unit (IMU) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
High-performance IMU
MEMS Based IMU (except for consumer and automotive grade)
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Defense
Commercial Aerospace
Other Industrial Application
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Honeywell International
Northrop Grumman Corp
SAFRAN
Thales
Kearfott
KVH Industries
UTC
Systron Donner Inertial
IAI Tamam
L3 Technologies
VectorNav
SBG systems
Navgnss
Starneto
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Inertial Measurement Unit (IMU) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Inertial Measurement Unit (IMU) market by identifying its various subsegments.
Focuses on the key global Inertial Measurement Unit (IMU) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Inertial Measurement Unit (IMU) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Inertial Measurement Unit (IMU) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Inertial Measurement Unit (IMU) . Industry analysis & Market Report on Inertial Measurement Unit (IMU) is a syndicated market report, published as Global Inertial Measurement Unit (IMU) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Inertial Measurement Unit (IMU) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.