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Automotive Inertial Systems Market Outlook 2019-2025: Along With Influence Covid-19
Market Insights Reports
The data analyzed and presented is from 2014 to 2019 which is then used to provide a forecast from 2020 to 2025. The CAGR used for the forecast is derived considering various micro and macro-economic factors, industry regulations, and other factors affecting the market.
The Global Automotive Inertial Systems Market is valued at 1.85 billion US$ in 2019 and will reach 2.4 billion US$ by the end of 2025, and expected to grow at a CAGR of 4.05% during 2019-2025.
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The major manufacturers covered in this report:
Aeron, MEMSIC, Systron Donner, Trimble Navigation, Lord Microstain, Vectornav Technologies, Systron Donner Inertial, L3 Communications, Ixblue, Honeywell, SBG Systems, Tyndall, Moog, Xsens, Sagem and Others.
Industry News:
April 30, 2010: Honeywell's Inertial Navigation System Becomes Standard Equipment On Airbus
Honeywell (NYSE: HON) announced today that its Air Data Inertial Reference System (ADIRS), which provides navigational data, has become the standard inertial reference system for the Airbus A320, A330/A340 and A380 family of aircraft.
The ADIRS provides critical flight control and navigation information to multiple aircraft systems by autonomously tracking aircraft motion. ADIRS's advanced navigation accuracy is a key component for next-generation air traffic management capabilities, enabling more direct routing and flying precise satellite-based navigation approaches to airports to reduce flight delays and fuel costs.
(Source)
The Automotive Inertial Systems market can be divided based on product types and It's sub-type, major applications and Third Party usage area, and Important regions.
Types Of Global Automotive Inertial Systems Market is Segmented as Follows:
Gyroscopes
Accelerometers
Inertial Measurement Units
Others
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Application Of Global Automotive Inertial Systems Market is Segmented as Follows:
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Others
Market sizing is provided for the Historical period (2014-2019) and the Forecast period (2019E-2026). The data points taken into consideration are Production and Consumption in value and volume, Value and Growth Rate of Different Downstream Applications (As per Applicable).
The percentage splits, market shares, growth rate, and breakdowns of the product markets are determined by using secondary sources and verified through the primary sources.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Automotive Inertial Systems Market these regions, from 2019 to 2024 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast)
Important Features that are under Offering and Key Highlights of the Reports:
- Detailed overview of Automotive Inertial Systems Market
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application, etc
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Automotive Inertial Systems Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
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All the reports that we list have been tracking the impact of COVID-19 on the market.
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