Excellent Growth of Inertial Measurement Unit (IMU) Market- Honeywell International, Northrop Grumman Corp, SAFRAN, Thales, Kearfott, KVH Industries, UTC, Systron Donner Inertial, IAI Tamam, L3 Technologies, VectorNav, SBG systems, Navgnss, Starneto

MarketResearchNest.com adds “Global Inertial Measurement Unit (IMU) Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023” new report to its research database. The report spread across 135 pages with multiple tables and figures in it.
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 worldwide market for Inertial Measurement Unit (IMU) is expected to grow at a CAGR of roughly 9.4% over the next five years, will reach 4440 million US$ in 2023, from 2590 million US$ in 2017
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Target Audience:
* Technology investors
* Raw material suppliers
* Retailers and wholesalers
* Traders, importers, and exporters
* Manufacturers of Inertial Measurement Unit (IMU)
* Commercial end-users
Global Inertial Measurement Unit (IMU) Market and Forecast - By key manufacturers
Honeywell International, Northrop Grumman Corp, SAFRAN, Thales, Kearfott, KVH Industries, UTC, Systron Donner Inertial, IAI Tamam, L3 Technologies, VectorNav, SBG systems, Navgnss, Starneto
Global Inertial Measurement Unit (IMU) Market and Forecast - By Type
High-performance IMU, MEMS Based IMU (except for consumer and automotive grade)
Global Inertial Measurement Unit (IMU) Market and Forecast - By Application
Defense, Commercial Aerospace, Other Industrial Application
Global Inertial Measurement Unit (IMU) Market and Forecast - By Region
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Get Browse full table of contents and data tables @ https://www.marketresearchnest.com/Global-Inertial-Measurement-Unit-IMU-Market-2018-by-Manufacturers-Regions-Type-and-Application-Forecast-to-2023.html
Global Inertial Measurement Unit (IMU) Market Analysis and Forecast, from 2018 to 2023
* To provide insights about factors affecting the market growth
* To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries North America, Europe, Asia, and the rest of the world
* To provide country-level analysis of the market with respect to the current market size and future perspective
* To provide country-level analysis of the market for segment on the basis of product, end users, and region
* To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
* To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Inertial Measurement Unit (IMU) market
Report Highlights:
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of Inertial Measurement Unit (IMU) market. Moreover, the study highlights current market trends and provides forecast. We also have highlighted future trends in the Inertial Measurement Unit (IMU) market that will impact the demand during the forecast period. Moreover, the competitive analysis of Inertial Measurement Unit (IMU) market brings an insight on the product usability profiles of the leading players. Additionally, the analysis highlights features and pricing, informant reviews of the key products in the market.
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Key questions answered in this report
* What will the market size be in 2023 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?
* What are the challenges to market growth?
* Who are the key vendors in this market space?
* What are the market opportunities and threats faced by the key vendors?
* What are the strengths and weaknesses of the key vendors?

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