Press release
High-performance Inertial Measurement Unit (IMU) 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 High-performance Inertial Measurement Unit (IMU) market is valued at 15.15 billion US$ in 2019 and will reach 22.75 billion US$ by the end of 2025, expected to grow at a CAGR of 6.2% during 2019-2025.
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An inertial measurement unit (IMU) is an electronic device that measures and reports a body's specific force, angular rate, and sometimes the magnetic field surrounding the body, using a combination of accelerometers and gyroscopes, sometimes also magnetometers.
The main market drivers are demand in the aerospace and defense segment and technological improvement in core component products.
The major manufacturers covered in this report:
Analog Devices, Bosch Sensortec, ON Semiconductor, Honeywell Aerospace, Moog, Northrop Grumman, Rockwell Collins, Safran, STMicroelectronics, Thales, VectorNav Technologies and Others.
Industry News:
08.01.2018: Bosch launches high-performance IMU for drone and robotics applications at CES 2018
Las Vegas - At the 2018 Consumer Electronics Show (CES) in Las Vegas, USA, Bosch Sensortec launches the MEMS sensor BMI088, a high-performance Inertial Measurement Unit (IMU) with outstanding vibration robustness, specifically designed for drone and robotics applications.
BMI088 features an extremely stable gyroscope derived from Bosch's proven automotive technology. The IMU delivers low noise and low drift despite fluctuating temperatures.
(Source)
Types Of Global High-performance Inertial Measurement Unit (IMU) Market is Segmented as Follows:
Gyroscope
Accelerometers
Others
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Application Of Global High-performance Inertial Measurement Unit (IMU) Market is Segmented as Follows:
Industrial
Land
Aerospace and Defense
Automotive
Marine
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 High-performance Inertial Measurement Unit (IMU) 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 High-performance Inertial Measurement Unit (IMU) 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 High-performance Inertial Measurement Unit (IMU) Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
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1- Country-level analysis for any 5 countries of your choice.
2- Competitive analysis of any 5 key market players.
3- 40 analyst hours to cover any other data points
All the reports that we list have been tracking the impact of COVID-19 on the market.
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