Press release
Vehicle Inertial Sensor Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029
By combining various inertial sensors, such as an accelerometer, gyroscope, and sometimes a magnetometer, an IMU can read six dimensions (yaw, roll, and pitch rate, as well as lateral, longitudinal, and vertical accelerations) around the three axes while driving. IMUs are employed in a variety of automotive applications, including the most recent advanced driver-assistance systems (ADAS) functions for autonomous driving. It aids in filling in the GPS gap when the car approaches the blind spot and when LiDAR performance fails in a snowstorm.
With the support of micro-fabrication and micro-machining processes, micro-electromechanical systems (MEMS) technology enabled the shrinking of mechanical and electro-mechanical elements in the field of sensors and semiconductors. As a result, MEMS has become a crucial component of various automation components in Level 1, 2, and 3 autonomous vehicles, considerably increasing the demand for inertial systems in the automotive industry. The market growth is being driven by the increased need for safety in automobiles. Every year, nearly 1.35 million people are killed in traffic accidents across the globe, according to the World Health Organization (WHO). Furthermore, between 20 and 50 million additional people are injured non-fatally, with many of them becoming disabled as a result of their injury. MEMS accelerometers serve a critical role in increasing car safety features.
New players are boosting their market presence and expanding their business footprint throughout emerging nations, owing to advancements in sensor technology across inertial systems. In October 2019, Honeywell launched the HGuide i300, which is a high-performance MEMS-based inertial measurement unit (IMU) designed to meet the needs of applications in a variety of markets, including agriculture, AUVs, industrial equipment, robotics, survey/mapping, stabilized platforms, transportation, unmanned aerial vehicles (UAVs), and unmanned ground vehicles (UGVs). The HGuide i300 can be readily integrated into a variety of topologies owing to industry-standard communication interfaces and a wide input voltage range. The HGuide i300's tiny size, lightweight, and low power make it suitable for a wide range of applications.
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Market Coverage
Market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Component
By Application
Competitive Landscape: Analog Devices, Inc., TDK Corp., Epson Electronics America, Inc., and Bosch Group GmbH, among others
Vehicle Inertial Sensor Market Report
By Component
Accelerometers
Gyroscopes
Inertial Measurement Unit
Others
By Application
Commercial Vehicles
Passenger Vehicles
A full Report of Vehicle Inertial Sensor Market is Available @ https://www.omrglobal.com/industry-reports/vehicle-inertial-sensor-market
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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