Press release
Leading Companies Fueling Innovation and Growth in the Indoor Dead-Reckoning Ultra-Wideband-Inertial Measurement Unit (UWB-IMU) Market
Indoor Dead-Reckoning Ultra-Wideband-Inertial Measurement Unit (UWB-IMU) Market
Indoor Dead-Reckoning UWB-IMU Market Size and Growth Forecast
The size of the indoor dead-reckoning ultra-wideband-inertial measurement unit market is projected to reach $3.5 billion by 2030, expanding at a compound annual growth rate (CAGR) of 16.4%. This rapid growth is fueled by a growing adoption of autonomous indoor robots, the rise of smart factories, and the increasing need for centimeter-level positioning accuracy. Additionally, the surge in indoor location-based services and greater investments in smart infrastructure contribute to this upward trajectory. Key trends shaping the market include optimization of hybrid UWB-IMU sensor fusion, deployment of anchor-free indoor positioning systems, miniaturization of indoor positioning modules, development of low-latency real-time indoor tracking, and the advancement of energy-efficient indoor navigation technologies.
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Key Drivers Spurring the Indoor Dead-Reckoning UWB-IMU Market Growth
One major factor propelling the UWB-IMU market is the expanding use of autonomous indoor robots, which require precise positioning to function effectively in complex environments. Meanwhile, smart factories are rapidly being adopted worldwide, demanding reliable indoor navigation solutions to optimize operations and improve safety.
Another significant driver is the growing need for centimeter-level accuracy in positioning systems, which supports applications ranging from asset tracking to personnel monitoring. Also, the increasing popularity of indoor location-based services for retail, healthcare, and logistics sectors is encouraging further investment and innovation in this technology.
View the full indoor dead-reckoning ultra-wideband-inertial measurement unit (uwb-imu) market report:
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Prominent Players Leading the Indoor Dead-Reckoning UWB-IMU Market
A number of influential companies are at the forefront of the indoor dead-reckoning UWB-IMU market, including Sony Semiconductor Solutions Corporation, Qorvo Inc., HID Global Corporation, Kinexon GmbH, Advanced Navigation Pty Ltd, Ubisense Group plc, Racelogic Ltd., Estimote Inc., Inpixon Inc., Nanotron Technologies GmbH, Sewio Networks, Infsoft GmbH, Navigine Inc., Nextome Srl, Locatify, Pozyx NV, BeSpoon, and UbiTrack Technologies Ltd.
In a notable development from October 2023, Infineon Technologies AG, a semiconductor firm based in Germany, acquired 3db Access AG, a Swiss company specializing in secured low-power UWB technology. This acquisition strengthens Infineon's portfolio in secure, low-power UWB applications and enhances its capabilities in precise localization, smart access control, and advanced sensing technologies.
Segment Breakdown of the Global Indoor Dead-Reckoning UWB-IMU Market
The report segments the indoor dead-reckoning UWB-IMU market into the following categories:
1) By Component: Hardware, Software, Services
2) By Technology: Ultra-Wideband (UWB), Inertial Measurement Unit (IMU)
3) By End-User: Manufacturing, Healthcare, Logistics and Transportation, Retail, Aerospace and Defense, and Other End-Users
Further subcategories include:
- Hardware: Processors and Microcontrollers, Antennas and Radio Frequency Components, Batteries and Power Supplies
- Software: Navigation and Positioning Software, Data Analytics and Visualization Tools, Device Management Software
- Services: System Integration Services, Consulting and Advisory Services, Maintenance and Support Services
This detailed segmentation provides a comprehensive view of the market's structure and highlights the diverse applications and technology types that drive its growth worldwide.
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