Global Inertial Measurement Unit (IMU) Market Growth 2023-2029

Global Inertial Measurement Unit (IMU) Market Growth 2023-2029

An IMU is a self-contained system that measures linear acceleration and angular motion/rotational rate using a combination of (typically) three gyroscopes and three accelerometers. IMUs are used as components of navigation and guidance systems to track the position, velocity, and orientation of a vehicle throughout a particular mission.
LPI (LP Information)' newest research report, the “Inertial Measurement Unit (IMU) Industry Forecast” looks at past sales and reviews total world Inertial Measurement Unit (IMU) sales in 2022, providing a comprehensive analysis by region and market sector of projected Inertial Measurement Unit (IMU) sales for 2023 through 2029. With Inertial Measurement Unit (IMU) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Inertial Measurement Unit (IMU) industry.
This Insight Report provides a comprehensive analysis of the global Inertial Measurement Unit (IMU) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Inertial Measurement Unit (IMU) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Inertial Measurement Unit (IMU) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Inertial Measurement Unit (IMU) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Inertial Measurement Unit (IMU).
The global Inertial Measurement Unit (IMU) market size is projected to grow from US$ 3512.9 million in 2022 to US$ 6179.4 million in 2029; it is expected to grow at a CAGR of 6179.4 from 2023 to 2029.
Global Inertial Measurement Unit (IMU) key players include Honeywell International, Northrop Grumman Corp, SAFRAN, Thales, etc. Global top four manufacturers hold a share over 50%.
North America is the largest market, with a share over 70%, followed by Europe and China, both have a share over 25 percent.
In terms of product, High-performance IMU is the largest segment, with a share over 60%. And in terms of application, the largest application is Defense, followed by Commercial Aerospace and Other Industrial Application.
This report presents a comprehensive overview, market shares, and growth opportunities of Inertial Measurement Unit (IMU) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
High-performance IMU
MEMS Based IMU (except for consumer and automotive grade)
Segmentation by application
Defense
Commercial Aerospace
Other Industrial Application
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Honeywell International
Northrop Grumman Corp
SAFRAN
Thales
Kearfott
KVH Industries
UTC
Systron Donner Inertial
IAI Tamam
L3 Technologies
VectorNav
SBG systems
Navgnss
Starneto
Key Questions Addressed in this Report
What is the 10-year outlook for the global Inertial Measurement Unit (IMU) market?
What factors are driving Inertial Measurement Unit (IMU) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Inertial Measurement Unit (IMU) market opportunities vary by end market size?
How does Inertial Measurement Unit (IMU) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.