Market Overview:
The global high-end inertial systems market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The increasing demand for high-end inertial systems in various applications such as industrial, defence, aerospace, land/ naval, tactical and automotive is driving the growth of the global high-end inertial systems market. Additionally, the growing demand for navigation and other applications is also fuelling the growth of this market. However, factors such as lack of standardisation and higher prices may restrain the growth of this market to some extent during the forecast period. On basis on type, High-End Inertial Measurement Units (IMUS) held a major share in 2017 and is expected to maintain its dominance throughoutthe forecast period owingto its wide rangeof applicationsto which it can be deployed .
Product Definition:
High-end inertial systems are systems that use high-quality sensors and processing to provide extremely accurate navigation information. These systems are important for applications such as autonomous vehicles, where precise navigation is critical.
High-End Inertial Measurement Units (IMUS):
Inertial measurement units (IMU) are devices that measure the rate of change of inertial properties with respect to time and position. IMUS is an advanced technology for measuring Inertia, Gyroscope and Accelerometer in a single device. The technology has been evolving gradually since its introduction by Honeywell International Inc., now part of Rockwell Collins, in the early 1990s.
The market size was valued at USD 473 million in 2015.
High-End Accelerometers:
Accelerometers are measuring devices that measure the rate of change of motion. They are used in inertial navigation systems to measure accelerations and shocks. An accelerometer consists of an elastic material, such as rubber or springs, mounted on a frame so that it can be free to move in any direction along with a sensitive meter for detecting vibrations or changes in momentum.
Application Insights:
The aerospace segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The growth of this segment can be attributed to increasing air travel, especially in developed economies such as U.S., Canada, Germany, UK and France. Moreover, growing defense expenditure by countries such as China and India is expected to drive the demand for high-end inertial measurement units over the forecast period.
The industrial application segment was valued at more than USD 1 billion in 2017 owing to rising use of IMUs for advanced robotics applications across industries including automotive & transportation and medical devices & equipment among others.
Regional Analysis:
North America dominated the global high-end inertial systems market in 2016 and is expected to continue its dominance over the forecast period. The U.S. military application holds a prominent position in this region owing to increasing geopolitical conflicts around the world, which has led to an increase in defense spending by various governments across North America.
The Asia Pacific regional market for high-end inertial measurement units (IMU) is anticipated to grow at a lucrative rate over the forecast period owing to growing investments from various governments towards developing advanced aerospace navigation systems and other applications that require highly reliable IMUs with enhanced performance characteristics such as low noise, long battery life, etcetera.
Growth Factors:
- Increasing demand for inertial systems in defense and aerospace applications
- Growing popularity of unmanned aerial vehicles (UAVs)
- Proliferation of advanced navigation and guidance systems
- Rising investments in research and development (R&D) activities
- Emergence of new applications for inertial systems
Scope Of The Report
Report Attributes
Report Details
Report Title
High-end Inertial Systems Market Research Report
By Type
High-End Inertial Measurement Units (IMUS), High-End Accelerometers, High-End Gyroscopes
By Application
Industrial, Defence, Aerospace, Land/ Naval, Tactical, Navigation, Automotive, Other
By Companies
Honeywell Aerospace, Northrop Grumman, Bosch Sensortec, Analog Devices, Thales, Rockwell Collins, Moog, ON Semiconductor, VectorNav Technologies, STMicroelectronics, Safran
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global High-end Inertial Systems Market Report Segments:
The global High-end Inertial Systems market is segmented on the basis of:
Types
High-End Inertial Measurement Units (IMUS), High-End Accelerometers, High-End Gyroscopes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Defence, Aerospace, Land/ Naval, Tactical, Navigation, Automotive, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell Aerospace
- Northrop Grumman
- Bosch Sensortec
- Analog Devices
- Thales
- Rockwell Collins
- Moog
- ON Semiconductor
- VectorNav Technologies
- STMicroelectronics
- Safran
Highlights of The High-end Inertial Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High-End Inertial Measurement Units (IMUS)
- High-End Accelerometers
- High-End Gyroscopes
- By Application:
- Industrial
- Defence
- Aerospace
- Land/ Naval
- Tactical
- Navigation
- Automotive
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High-end Inertial Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High-end inertial systems are those that have the most accurate and reliable sensors available. They can provide extremely precise navigation information, even in difficult or dangerous environments.
Some of the major companies in the high-end inertial systems market are Honeywell Aerospace, Northrop Grumman, Bosch Sensortec, Analog Devices, Thales, Rockwell Collins, Moog, ON Semiconductor, VectorNav Technologies, STMicroelectronics, Safran.
The high-end inertial systems market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High-end Inertial Systems Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 High-end Inertial Systems Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 High-end Inertial Systems Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the High-end Inertial Systems Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global High-end Inertial Systems Market Size & Forecast, 2020-2028 4.5.1 High-end Inertial Systems Market Size and Y-o-Y Growth 4.5.2 High-end Inertial Systems Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 High-End Inertial Measurement Units (IMUS)
5.2.2 High-End Accelerometers
5.2.3 High-End Gyroscopes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Defence
6.2.3 Aerospace
6.2.4 Land/ Naval
6.2.5 Tactical
6.2.6 Navigation
6.2.7 Automotive
6.2.8 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High-end Inertial Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High-end Inertial Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 High-End Inertial Measurement Units (IMUS)
9.6.2 High-End Accelerometers
9.6.3 High-End Gyroscopes
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Defence
9.10.3 Aerospace
9.10.4 Land/ Naval
9.10.5 Tactical
9.10.6 Navigation
9.10.7 Automotive
9.10.8 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 High-End Inertial Measurement Units (IMUS)
10.6.2 High-End Accelerometers
10.6.3 High-End Gyroscopes
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Defence
10.10.3 Aerospace
10.10.4 Land/ Naval
10.10.5 Tactical
10.10.6 Navigation
10.10.7 Automotive
10.10.8 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 High-End Inertial Measurement Units (IMUS)
11.6.2 High-End Accelerometers
11.6.3 High-End Gyroscopes
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Defence
11.10.3 Aerospace
11.10.4 Land/ Naval
11.10.5 Tactical
11.10.6 Navigation
11.10.7 Automotive
11.10.8 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 High-End Inertial Measurement Units (IMUS)
12.6.2 High-End Accelerometers
12.6.3 High-End Gyroscopes
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Defence
12.10.3 Aerospace
12.10.4 Land/ Naval
12.10.5 Tactical
12.10.6 Navigation
12.10.7 Automotive
12.10.8 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 High-End Inertial Measurement Units (IMUS)
13.6.2 High-End Accelerometers
13.6.3 High-End Gyroscopes
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Defence
13.10.3 Aerospace
13.10.4 Land/ Naval
13.10.5 Tactical
13.10.6 Navigation
13.10.7 Automotive
13.10.8 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High-end Inertial Systems Market: Competitive Dashboard
14.2 Global High-end Inertial Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell Aerospace
14.3.2 Northrop Grumman
14.3.3 Bosch Sensortec
14.3.4 Analog Devices
14.3.5 Thales
14.3.6 Rockwell Collins
14.3.7 Moog
14.3.8 ON Semiconductor
14.3.9 VectorNav Technologies
14.3.10 STMicroelectronics
14.3.11 Safran