Inertial Measurement Unit Market 2020 Growth, Status and Forecast by 2025 - Market Research Engine

New York, February 24, 2020: The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Inertial Measurement Unit market share. Major industry players with significant revenue share include Bosch, Honeywell, and General Electric etc.

The Global Inertial Measurement Unit Market is expected to exceed more than US$ 23.50 Billion by 2024, at a CAGR of 5.50% during the forecast period.

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The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

Global Inertial Measurement Unit market is segregated on the basis of application as marine, unmanned aerial vehicles, consumer electronics, aircraft, space launch vehicles, missiles, automotive, unmanned ground vehicles, survey equipments, and unmanned marine vehicles. Based on component, the global Inertial Measurement Unit market is segmented in gyroscopes, magnetometers, and accelerometers. The report also bifurcates global Inertial Measurement Unit market based on technology in fiber optics gyro, mechanical gyro, ring laser gyro, MEMS, and others. On the basis of grade, the market is defined in space grade, navigation grade, commercial grade, marine grade and tactical grade.

Global Inertial Measurement Unit market report provides geographic analysis covering regions such as North America, Europe, Asia Pacific, and Rest of World. The Inertial Measurement Unit market for each region is further segmented for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

The rising advancement of global lifestyle has encouraged the use of equipment with better ergonomics. This is generally supported by the use of motion sensing technology which includes inertial sensors. IMUs are used majorly for applications like industrial, marine and military, for effective control, stabilization, navigation, guidance, and surveying. The demand across these applications is majorly driven by ability of IMUs to function in extreme environmental conditions, including heavy buildings, tunnels, and underwater.

Global Inertial Measurement Unit market report scope includes detailed study covering underlying factors influencing the industry trends.

The Inertial Measurement Unit Market has been segmented as below:

The Inertial Measurement Unit Market is segmented on the lines of Inertial Measurement Unit Market, by Application, Inertial Measurement Unit Market, by Component, Inertial Measurement Unit Market, by Technology, Inertial Measurement Unit Market, by Grade and Inertial Measurement Unit Market, By Region.

Inertial Measurement Unit Market, by Application this market is segmented on the basis of Marine, Unmanned Aerial Vehicles, Consumer Electronics, Aircraft, Space Launch Vehicles, Missiles, Automotive, Unmanned Ground Vehicles, Survey Equipments and Unmanned Marine Vehicles. Inertial Measurement Unit Market, by Component this market is segmented on the basis of Gyroscopes, Magnetometers and Accelerometers.

Inertial Measurement Unit Market, by Technology this market is segmented on the basis of Fiber Optics Gyro, Mechanical Gyro, Ring Laser Gyro, MEMS and Others. Inertial Measurement Unit Market, by Grade this market is segmented on the basis of Space Grade, Navigation Grade, Commercial Grade, Marine Grade and Tactical Grade. Inertial Measurement Unit Market, By Region this market is segmented on the basis of North America, Europe, Asia Pacific and Rest of World.

The report covers:

o Global Inertial Measurement Unit market sizes from 2015 to 2024, along with CAGR for 2018-2024.
o Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
o Global Inertial Measurement Unit market trends, covering comprehensive range of consumer trends & manufacturer trends
o Value chain analysis covering participants from raw material suppliers to the downstream buyer in the Inertial Measurement Unit market
o Major market opportunities and challenges in forecast timeframe to be focused
o Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
o Comprehensive company profiles of the key industry players

Reasons to Buy this Report:
o Gain detailed insights on the Inertial Measurement Unit industry trends
o Find complete analysis on the market status
o Identify the Inertial Measurement Unit market opportunities and growth segments
o Analyse competitive dynamics by evaluating business segments & product portfolios
o Facilitate strategy planning and industry dynamics to enhance decision making

Competitive Rivalry

Bosch, Honeywell, Thales, General Electric are among the major players in the global Inertial Measurement Unit market share. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

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Table of Contents:

1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.2.1. Increasing demand for Aircraft
4.2.2. Increasing production of smart phones
4.2.3. Increasing Demand for Accuracy in Navigation
4.3. Restraints
4.3.1. High operational complexities in IMU
5. Inertial Measurement Unit Market, By Application
6. Inertial Measurement Unit Market, By Component
7. Inertial Measurement Unit Market, By Technology
8. Inertial Measurement Unit Market, By Grade
9. Competitive Landscape
10. Company Profile
10.1. Honeywell
10.1.1. Company Overview
10.1.2. Product/Service Landscape
10.1.3. Financial Overview
10.1.4. Recent Developments
10.2. Thales
10.2.1. Company Overview
10.2.2. Product/Service Landscape
10.2.3. Financial Overview
10.2.4. Recent Developments
10.3. General Electric
10.3.1. Company Overview
10.3.2. Product/Service Landscape
10.3.3. Financial Overview
10.3.4. Recent Developments
10.4. Trimble Navigation
10.4.1. Company Overview
10.4.2. Product/Service Landscape
10.4.3. Financial Overview
10.4.4. Recent Developments
10.5. Bosch
10.5.1. Company Overview
10.5.2. Product/Service Landscape
10.5.3. Financial Overview
10.5.4. Recent Developments
10.6. Lord Microstrain
10.6.1. Company Overview
10.6.2. Product/Service Landscape
10.6.3. Financial Overview
10.6.4. Recent Developments
10.7. Gladiator Technologies
10.7.1. Company Overview
10.7.2. Product/Service Landscape
10.7.3. Financial Overview
10.7.4. Recent Developments

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