Market Overview:
The global inertial measurement unit sensors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The increasing demand for advanced navigation and positioning systems in various applications such as ships and submarines, aircrafts, automotives, and others is driving the growth of the global inertial measurement unit sensors market. Additionally, the growing demand for miniaturized inertial measurement units for use in portable devices is also contributing to the growth of this market. However, factors such as high installation cost and lack of standardization are restraining the growth of this market. On basis on type, AHRS segment held largest share in 2017 Inertial Measurement Unit Sensors Market due its wide range application across different industry verticals .Whereas INS segment is projected to grow with highest CAGR over forecast period owing its advantages like low power consumption ,high accuracy & reliability over other types . On basis on application , Aircrafts segment accounted largest share in 2017 Inertial Measurement Unit Sensors Market followed by Automotive Segment .
Product Definition:
An inertial measurement unit (IMU) is an electronic device that measures and reports on the orientation, movement, and gravitational forces of a vehicle or object. IMUs are used in many industries including aerospace, automotive, robotics and marine.
Attitude and Heading Reference System (AHRS):
The AHRS is a system that measures attitude and heading reference in the inertial measurement unit (IMU) sensors market. The global AHRS demand was estimated to be worth USD 472.1 million in 2016, growing at a CAGR of XX% from 2017 to 2022.
Inertial Navigation System (INS):
The inertial navigation system (INS) and it's usage in inertial measurement unit sensors market is expected to grow at a significant pace over the forecast period. The growth of this market can be attributed to factors such as increasing demand for smartphones, tablets, and other consumer electronic devices along with growing automotive industry across the globe.
Application Insights:
Ships and submarine was the largest application segment in 2017. The growing importance of inertial measurement units sensors in ships and submarines for maintaining vessel stability during navigation and avoiding collision with floating objects is expected to drive the segment growth over the forecast period. Aircrafts are estimated to be one of the fastest-growing segments owing to increasing demand from commercial as well as military aircraft applications.
The automotive application segment is also expected to witness significant growth over the forecast period due largely drop in prices, increase in accuracy, high resolution, increased reliability, reduced size & weight among other factors making it a preferred option for inertial measurement unit sensors among automobile manufacturers worldwide. Other prominent applications include consumer electronics & appliances which use Inertial Measurement Units (IMUs) for providing enhanced device functionality including 3D gaming controllers or virtual reality headsets that utilize gyrosensor technology within them.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with the U.S. being the major contributor to regional growth owing to technological advancements and high demand for advanced automotive electronics in this region. Europe accounted for a significant share of revenue in 2017 due to growing R&D investments by government organizations, such as European Space Agency (ESA) and National Aeronautics & Space Administration (NASA).
Inertial measurement unit sensors are used across various applications including aerospace & defense, automotive, marine applications among others which require highly reliable inertial measurement units sensors that can withstand harsh environmental conditions while providing superior performance characteristics required by end users.
Growth Factors:
- Increasing demand for consumer electronics and wearable devices
- Growing popularity of drones and autonomous vehicles
- Rising investments in industrial automation and robotics
- Proliferation of Internet of Things (IoT) applications
- Emergence of next-generation technologies such as artificial intelligence (AI) and machine learning
Scope Of The Report
Report Attributes
Report Details
Report Title
Inertial Measurement Unit Sensors Market Research Report
By Type
Attitude and Heading Reference System (AHRS), Inertial Navigation System (INS)
By Application
Ships and Submarine, Aircrafts, Automotives, Others
By Companies
Continental, Potential Vendors, Honeywell International Inc., Bosch Sensortec, Texas Instruments, LORD Sensing Systems, Murata Manufacturing, Texas Instruments, ZF TRW, Adafruit, Continental, Thales Group, Fairchild Semiconductor
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Inertial Measurement Unit Sensors Market Report Segments:
The global Inertial Measurement Unit Sensors market is segmented on the basis of:
Types
Attitude and Heading Reference System (AHRS), Inertial Navigation System (INS)
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
Ships and Submarine, Aircrafts, Automotives, Others
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:
- Continental
- Potential Vendors
- Honeywell International Inc.
- Bosch Sensortec
- Texas Instruments
- LORD Sensing Systems
- Murata Manufacturing
- Texas Instruments
- ZF TRW
- Adafruit
- Continental
- Thales Group
- Fairchild Semiconductor
Highlights of The Inertial Measurement Unit Sensors 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:
- Attitude and Heading Reference System (AHRS)
- Inertial Navigation System (INS)
- By Application:
- Ships and Submarine
- Aircrafts
- Automotives
- Others
- 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 Inertial Measurement Unit Sensors 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?
Inertial measurement unit sensors are devices that measure the movement and orientation of a physical object. This information is used to calculate the object's position, velocity, and acceleration.
Some of the major players in the inertial measurement unit sensors market are Continental, Potential Vendors, Honeywell International Inc., Bosch Sensortec, Texas Instruments, LORD Sensing Systems, Murata Manufacturing, Texas Instruments, ZF TRW, Adafruit, Continental, Thales Group, Fairchild Semiconductor.
The inertial measurement unit sensors market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Inertial Measurement Unit Sensors 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 Inertial Measurement Unit Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Inertial Measurement Unit Sensors 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 Inertial Measurement Unit Sensors 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 Inertial Measurement Unit Sensors Market Size & Forecast, 2020-2028
4.5.1 Inertial Measurement Unit Sensors Market Size and Y-o-Y Growth
4.5.2 Inertial Measurement Unit Sensors 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 Attitude and Heading Reference System (AHRS)
5.2.2 Inertial Navigation System (INS)
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 Ships and Submarine
6.2.2 Aircrafts
6.2.3 Automotives
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Inertial Measurement Unit Sensors 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 Inertial Measurement Unit Sensors 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 Attitude and Heading Reference System (AHRS)
9.6.2 Inertial Navigation System (INS)
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 Ships and Submarine
9.10.2 Aircrafts
9.10.3 Automotives
9.10.4 Others
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 Attitude and Heading Reference System (AHRS)
10.6.2 Inertial Navigation System (INS)
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 Ships and Submarine
10.10.2 Aircrafts
10.10.3 Automotives
10.10.4 Others
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 Attitude and Heading Reference System (AHRS)
11.6.2 Inertial Navigation System (INS)
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 Ships and Submarine
11.10.2 Aircrafts
11.10.3 Automotives
11.10.4 Others
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 Attitude and Heading Reference System (AHRS)
12.6.2 Inertial Navigation System (INS)
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 Ships and Submarine
12.10.2 Aircrafts
12.10.3 Automotives
12.10.4 Others
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 Attitude and Heading Reference System (AHRS)
13.6.2 Inertial Navigation System (INS)
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 Ships and Submarine
13.10.2 Aircrafts
13.10.3 Automotives
13.10.4 Others
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 Inertial Measurement Unit Sensors Market: Competitive Dashboard
14.2 Global Inertial Measurement Unit Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Continental
14.3.2 Potential Vendors
14.3.3 Honeywell International Inc.
14.3.4 Bosch Sensortec
14.3.5 Texas Instruments
14.3.6 LORD Sensing Systems
14.3.7 Murata Manufacturing
14.3.8 Texas Instruments
14.3.9 ZF TRW
14.3.10 Adafruit
14.3.11 Continental
14.3.12 Thales Group
14.3.13 Fairchild Semiconductor
