Market Overview:
The global motorcycle inertial measurement unit(IMU)sensor market is expected to register a CAGR of 7.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for motorcycles across the globe. Additionally, rising awareness about safety and security is also propelling the growth of this market. Based on type, the global motorcycle inertial measurement unit(IMU)sensor market has been segmented into initiative and passive sensors. The initiative sensors segment is estimated to account for a larger share of the global motorcycle inertial measurement unit(IMU)sensor market in 2018. This can be attributed to their ability to provide real-time information about a vehicle’s movement and orientation, which helps in improving safety while driving or riding a motorcycle. On basis of application, the global motorcycle inertial measurement unit(IMU) sensor has been classified into two segments: motorcycles and others (including automotive applications).
Product Definition:
A Motorcycle Inertial Measurement Unit(IMU)Sensor is a device that measures the angular velocity and linear acceleration of a motorcycle. It is used to improve the accuracy of navigation systems, and to prevent accidents by detecting when the motorcycle is about to lose control.
Initiative:
In the last decade, there has been a significant increase in research and development activities for inertial measurement units (IMU) in various application areas. This growth can be attributed to the increasing demand for high-performance sensors that are used to measure motion or position of an object with high accuracy. The technology is widely used by defense agencies and automotive manufacturers across the globe owing to its ability to provide highly accurate measurements under adverse environmental conditions such as battlefields, forests, urban environments among others.
Passive:
Passive sensing is a method of measuring motion or acceleration using electromagnetic or electrostatic techniques without the use of an electronic transducer. The most common form of passive sensing used in inertial measurement units (IMU)is gyroscopes and accelerometers.
Application Insights:
The inertial measurement units are used in various applications such as automotive, consumer electronics, aerospace and defense. In the automotive industry, these devices are used for implementing anti-lock braking system (ABS), electronic stability control (ESC) and traction control on motorcycles. On the other hand, in consumer electronics these devices are used for implementing smart navigation and parking assistance systems. Furthermore, they can also be integrated with entertainment systems to provide enhanced audio-video experience to riders while driving or riding a vehicle.
In addition to this application segment Latin America is expected to witness significant growth owing to increasing adoption of advanced safety features such as lane departure warning system (LDWS), blind spot detection/dynamic rear view mirror and forward collision warning on two wheelers which is further anticipated to drive the market over the forecast period in this region significantly.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for advanced technologies, such as IMU, from various application industries. Increasing sales of motorcycles in developing economies of Asia Pacific are also contributing to the growth of this regional market. For instance, according to OICA motorcycle statistics, India’s motorcycle production increased by 3% from 2014 to 2016 and it is estimated that around 1 million units will be sold annually by 2018.
Europe accounted for a significant share in terms of revenue generation owing to high demand from automobile applications along with aerospace applications due to high R&D investments made by various companies located there.
Growth Factors:
- Increasing demand for motorcycles from developing countries
- Growing popularity of motorcycle racing and stunts
- Increasing adoption of advanced safety features in motorcycles
- Rising demand for luxury and performance-oriented motorcycles
- Technological advancements in motorcycle inertial measurement unit sensors
Scope Of The Report
Report Attributes
Report Details
Report Title
Motorcycle Inertial Measurement Unit(IMU)Sensor Market Research Report
By Type
Initiative, Passive
By Application
Motorcycle, Others
By Companies
Bosch Sensortec, Continental, Potential Vendors
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Motorcycle Inertial Measurement Unit(IMU)Sensor Market Report Segments:
The global Motorcycle Inertial Measurement Unit(IMU)Sensor market is segmented on the basis of:
Types
Initiative, Passive
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
Motorcycle, 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:
- Bosch Sensortec
- Continental
- Potential Vendors
Highlights of The Motorcycle Inertial Measurement Unit(IMU)Sensor 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:
- Initiative
- Passive
- By Application:
- Motorcycle
- 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 Motorcycle Inertial Measurement Unit(IMU)Sensor 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.
How you may use our products:
- Correctly Positioning New Products
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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?
A motorcycle inertial measurement unit sensor is a device that measures the orientation and motion of a motorcycle. This information is used to improve the rider's control over their bike.
Some of the major companies in the motorcycle inertial measurement unit(imu)sensor market are Bosch Sensortec, Continental, Potential Vendors.
The motorcycle inertial measurement unit(imu)sensor market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Motorcycle Inertial Measurement Unit(IMU)Sensor 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 Motorcycle Inertial Measurement Unit(IMU)Sensor Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Motorcycle Inertial Measurement Unit(IMU)Sensor 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 Motorcycle Inertial Measurement Unit(IMU)Sensor 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 Motorcycle Inertial Measurement Unit(IMU)Sensor Market Size & Forecast, 2020-2028 4.5.1 Motorcycle Inertial Measurement Unit(IMU)Sensor Market Size and Y-o-Y Growth 4.5.2 Motorcycle Inertial Measurement Unit(IMU)Sensor 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 Initiative
5.2.2 Passive
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 Motorcycle
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Motorcycle Inertial Measurement Unit(IMU)Sensor 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 Motorcycle Inertial Measurement Unit(IMU)Sensor 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 Initiative
9.6.2 Passive
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 Motorcycle
9.10.2 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 Initiative
10.6.2 Passive
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 Motorcycle
10.10.2 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 Initiative
11.6.2 Passive
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 Motorcycle
11.10.2 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 Initiative
12.6.2 Passive
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 Motorcycle
12.10.2 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 Initiative
13.6.2 Passive
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 Motorcycle
13.10.2 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 Motorcycle Inertial Measurement Unit(IMU)Sensor Market: Competitive Dashboard
14.2 Global Motorcycle Inertial Measurement Unit(IMU)Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch Sensortec
14.3.2 Continental
14.3.3 Potential Vendors