Global Inertial Measurement Unit (IMU) Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025. An inertial measurement unit (IMU) is an electronic device which measures & reports body's angular rate, specific force, and the magnetic field surrounding the body by using a combination of gyroscopes and accelerometers, sometimes also magnetometers. IMUs are generally used to maneuver aircraft, including unmanned aerial vehicles (UAVs), among many others, and spacecraft, including satellites and landers. IMU is a self-contained system can be strapdown or gimballed, outputting the integrating quantities of acceleration and angular velocity in the body frame. Some of the applications include aircraft, marine, military armored vehicles, missiles, space launch vehicles, UAV, UGV, UMV, and consumer electronics among others.
Technological developments and growing demand for IMU-enabled devices in various micro-electro-mechanical sectors are boosting the growth of the global Inertial Measurement Unit (IMU) market. Moreover, gun-hard survivability and high performance in different energy verticals and integration of Inertial Measurement Unit (IMU) with industrial corporates are also expected to fuel the growth of the market. However, positional tracking systems & energy-efficient hardware which limits the adoption among space agencies may hinder the growth of the market. Moreover, ongoing research & development and opportunities from almost everyenterprise from emerging economies and GPS-based Inertial Measurement Unit (IMU) would provide growth in the upcoming years.
The global Inertial Measurement Unit (IMU) market is segmented based on theapplication, technology, grade, component, and geography. Application segment can be further segmented into aircraft, military armored vehicles, missiles, space launch vehicles, marine, UAV, UGV, UMV, consumer electronics, automotive, survey equipment.The technology segment is further divided into mechanical gyro, fiber optics gyro, ring laser gyro, MEMS and others segment. Gradesegment can be bifurcated into space grade, marine grade, navigation grade, tactical grade, and commercial grade. Furthermore, componentsegment includes accelerometers, gyroscopes, and magnetometers among others.
The global Inertial Measurement Unit (IMU) market by geography is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are covered under North America wherein Europe covers U.K, Germany, France, Russia, Italy, and others. Asia-Pacific covers China, India, Japan, South Korea, and others. RoW covers South America, Middle East and Africa.
Major companies operating in the global Inertial Measurement Unit (IMU)market are General Electric, Gladiator Technologies, Honeywell, Lord Microstrain, Northrop Grumman, Bosch, Safran Electronics & Defense, STMicroelectronics, Teledyne Technologies, ThalesandTrimble Navigationamong others.
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Scope of Inertial Measurement Unit (IMU) Market