Inertial Measurement Unit Market to Witness a Healthy CAGR of 13.5% with USD 61.34 Billion by 2030 | PMR

According to the research report published by Polaris Market Research, the global inertial measurement unit market was valued at USD 21.26 billion in 2021 and is expected to reach USD 61.34 billion by 2030, to grow at a CAGR of 13.5% during the forecast period.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/inertial-measurement-unit-market/request-for-sample

𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

An inertial measurement unit (IMU) is a type of electronic equipment that uses accelerometers, gyroscopes, and magnetometers to detect and report the specific force, angular rate, and, in certain cases, orientation of the body. When the magnetometer is incorporated, IMUs are known as IMMUs. IMUs are commonly employed to control modern vehicles such as motorbikes, missiles, airplanes (an attitude and heading reference system), uncrewed aerial vehicles (UAVs), and spacecraft, such as satellites and landers. Recent improvements enable the manufacture of IMU-enabled GPS systems.

𝐊𝐞𝐲 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐧𝐭𝐬:

Major competitors continuously invent and distinguish their products in an attempt to gain market dominance in the fiercely competitive industry.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

• Analog Devices Inc.
• General Electric Company
• Gladiator Technologies
• Honeywell International Inc.
• Northrop Grumman Corporation
• Parker-Hannifin Corporation
• Robert Bosch GmbH
• Safran Electronics & Defense
• Sensonor AS
• TDK Corporation
• Teledyne Technologies Inc.
• Thales Group
• Trimble Navigation Ltd.
• United Technologies Corporation
• and Vectornav Technologies LLC

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/buy/1321/2

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

The inertial measurement unit market is mainly based on component type, technology, grade, platform and region. Based on grade type, the commercial-grade market is expected to be the highest revenue earner. Consumer IMUs are found in low-cost devices like phones and car airbag systems, whereas enterprise-grade IMUs are found in small UAVs. Furthermore, depending on the component type, the accelerometer segment is expected to rise significantly over the projected period. During the projected period, the growing trend of MEMS technology adoption will enhance the use of a low-cost MEMS accelerometer.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

• The global inertial measurement unit market was valued at USD 21.26 billion in 2021.

• The market is expected to expand at a CAGR of 13.5% from 2022 to 2030.

• The industry is expected to grow to USD 61.34 billion by 2030.

𝐂𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/inertial-measurement-unit-market

𝐆𝐫𝐨𝐰𝐭𝐡 𝐅𝐚𝐜𝐭𝐨𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:

Many smartphones have inertial measuring devices, such as a gyroscope, accelerometer, and magnetometer. Smartphones equipped with inertial measurement units (IMUs) can track human gait, tremor, and movement patterns. As a result, increased smartphone sales are driving the inertial measurement unit market forward.

𝐂𝐨𝐮𝐧𝐭𝐫𝐲-𝐖𝐢𝐬𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

• North America (U.S., Canada)

• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)

• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)

• Latin America (Brazil, Mexico, Argentina)

• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐏𝐫𝐨𝐜𝐞𝐬𝐬𝐢𝐧𝐠 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/02/17/2610647/0/en/Payment-Processing-Solutions-Markets-Size-Share-Projected-to-Reach-USD-192-61-Billion-By-2030-at-10-0-CAGR-Annual-Increase-Global-Report-by-Polaris-Market-Research.html

𝐍𝐨𝐧-𝐕𝐨𝐥𝐚𝐭𝐢𝐥𝐞 𝐌𝐞𝐦𝐨𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/02/17/2610767/0/en/Worldwide-Non-Volatile-Memory-Market-Share-Expected-to-Grow-US-198-79-Billion-By-2032-With-10-4-Annual-CAGR-Polaris-Market-Research.html

𝐌𝐨𝐥𝐝 𝐑𝐞𝐥𝐞𝐚𝐬𝐞 𝐀𝐠𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/02/21/2612297/0/en/Global-Mold-Release-Agents-Market-Size-Envisaged-to-Reach-USD-3-467-00-Million-By-2032-Estimated-5-5-CAGR-Polaris-Market-Research.html

𝐆𝐫𝐞𝐞𝐧 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/02/21/2612013/0/en/Green-Hydrogen-Market-Size-Envisaged-to-Reach-USD-58-53-Billion-By-2030-Forecasted-39-6-CAGR-Polaris-Market-Research.html

𝐓𝐞𝐧𝐧𝐢𝐬 𝐑𝐚𝐜𝐪𝐮𝐞𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/02/22/2613256/0/en/Global-Tennis-Racquet-Market-Share-Estimated-to-Attain-USD-1-182-41-Million-By-2032-Projected-With-8-4-CAGR-Polaris-Market-Research.html

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.