Inertial Measurement Unit Market Share Set for Broad Growth by 2027

Technology

This professional and specialized report study examines the technical and business perspective of the inertial measurement unit industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the inertial measurement unit market.

 

The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall inertial measurement unit market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (Units) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

 

According to market research, the global Inertial Measurement Unit Market in 2019 is approximately USD 57 Million and is anticipated to reach around USD 71 Million by 2026. The anticipated CAGR for the global Testicular Implants market is around 3.10% from 2020 to 2026.

 

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This Free report sample includes:

 

  • A brief introduction to the research report.
  • Graphical introduction of the regional analysis.
  • Top players in the market with their revenue analysis.
  • Selected illustrations of market insights and trends.
  • Example pages from the report.
  • FnF research methodology.

 

 

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the inertial measurement unit market in our study.

 

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the inertial measurement unit market. It also encompasses PESTLE analysis and SWOT analysis.

 

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the inertial measurement unit market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the inertial measurement unit market.

 

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The research study provides a critical assessment of the inertial measurement unit industry by logically segmenting the market on the basis of product, technology, application, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the inertial measurement unit industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

 

The IMU is an electronic monitoring device that records the angular velocity, physical power, and sometimes body orientation of a moving body by using a combination of gyroscopes, accelerometers, and magnetometers. IMUs are generally used to control aircraft, including engineless gliders, quadcopters and unmanned aerial vehicles (UAVs), GPS navigation, distance counter in smart phone’s, etc. The increase in sales and shipments of smartphones worldwide is one of the major factors driving the growth of the IMU market. As per the data released by International Data Corporation (IDC), the number of smartphones shipped in 2019 was 1,789.5 million, an increase of 10.5% compared to 1,557.7 million in 2018. Additionally, growing awareness among the population related to their fitness and a huge number of fitness mobile applications and smartwatches available in the market is supporting the growth of the IMU industry. Moreover, they are being embedded in cloths, shoes and even belts to get the location-related information of the end-user, this is one of the crucial steps towards women’s safety, as their family members will able to monitor them sitting at home. The governments are also investing in IMU, as the concern related to women’s safety is rising.

 

The government is also investing in integrating the IMU system in military vehicles and aircraft and that is going to bolster IMU even more in the coming years.

 

The inertial measurement unit market is segmented based on the product, technology, and Application. On the basis of product segmentation, the market is classified into an accelerometer, gyroscope, and magnetometer. In terms of technology segmentation, the market is bifurcated into Mechanical Gyro, Ring Laser Gyro, Fiber Optics Gyro, MEMS, and Others. Application-wise, the market is further divided into aircraft, missiles, space launch vehicles, marine, military armored vehicles, consumer electronics, automotive, and others.

 

Some of the essential players operating in the inertial measurement unit industry, but not restricted to include General Electric Company, Gladiator Technologies, Honeywell International Inc, Northrop Grumman Corporation, LORD Sensing, Robert Bosch GmbH, Safran Electronics & Defense, STMicroelectronics N.V., Teledyne Technologies, Inc, Thales S.A, Trimble Inc, VectorNav Technologies, and others.

 

The taxonomy of the inertial measurement unit market by its scope and segmentation is as follows:

 

Global Inertial Measurement Unit Market: By ProductSegmentation Analysis

 

  • Acceleromenter
  • Gyroscope
  • Magnetometer

Global Inertial Measurement Unit Market: By TechnologySegmentation Analysis

 

  • Mechnaical Gyro
  • Ring Laser Gyro
  • Fiber Optics Gyro
  • MEMS
  • Others

Global Inertial Measurement Unit Market: By Application Segmentation Analysis

 

  • Applications
  • Aircraft
  • Missiles
  • Space Launch Vehicles
  • Marine
  • Military Armored Vehicles
  • Consumer Electronics
  • Automotive
  • Others

Global Inertial Measurement Unit Market: Regional Segmentation Analysis

 

  • North America
  • The U.S.
  • Canada
  • Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

 

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

 

  • Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
  • Direct and Indirect Rationales Impacting the Industry
  • In-depth and Micro Analysis of Viable Segments and Sub-segments
  • Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
  • Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
  • Key Buyers and End-Users Analysis
  • Value Chain and Manufacturing Cost Structure Analysis wherever relevant
  • Key Marketing Strategies as well as Key Sales Channels adopted in the market
  • Investment Opportunity Analysis & Patents Analysis wherever feasible
  • Technological Road Map & Technical Analysis
  • Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)

 

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