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Inertial Measurement Unit Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global inertial measurement unit market reached a value of US$ 17.2 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 9.3% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

The inertial measurement unit (IMU) refers to a self-contained system used for measuring the linear and angular motion of an object. Some of the commonly used devices in an IMU include, precision gyroscopes, accelerometers and magnetometers. The gyroscope can measure the rotational speed and rate of an object, a magnetometer is used to measure the magnetic strength of the signal and an accelerometer is used for measuring movement and orientation of the objects. They are widely used in helicopters, civil and military aircraft, armored vehicles, drones, missiles, robots and various consumer electronic products.

The rapid modernization of military equipment and defense systems represents one of the key factors driving the growth of the market. Fiber optic IMUs are widely used with autonomous navigation systems in unmanned aerial vehicles (UAVs) that can operate in extreme weather conditions. They are utilized for firefighting, bomb detection and intelligence, surveillance and reconnaissance (ISR) activities. Furthermore, the widespread product adoption for virtual and augmented reality (V/AR) systems and generating artificial environments and measuring alterations in speed, orientation and acceleration is providing a thrust to the market growth. They are also used as an orientation sensor in next-generation smartphones, tablets and gaming devices. Additionally, various technological advancements, such as the development of microelectromechanical (MEMS)-based IMUs that can be integrated with the Internet of Things (IoT), are acting as other growth-inducing factors. These innovative nano-IMUs are highly compact and are extensively used in lightweight and miniaturized devices. Other factors, including significant growth in the robotics industry, along with extensive research and development (R&D) activities, are anticipated to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global inertial measurement unit market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, component, grade, technology and end use industry.

Breakup by Component:

  • Accelerometers
  • Gyroscopes
  • Magnetometers
     

Breakup by Grade:

  • Marine Grade
  • Navigation Grade
  • Tactical Grade
  • Space Grade
  • Commercial Grade
     

Breakup by Technology:

  • Mechanical Gyro
  • Ring Laser Gyro
  • Fiber Optics Gyro
  • MEMS
  • Others
     

Breakup by End Use Industry:

  • Consumer Electronics
  • Aerospace and Defense
  • Automotive
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Analog Devices Inc., General Electric Company, Honeywell International Inc., Northrop Grumman Corporation, Robert Bosch Gmbh, Safran, STMicroelectronics SA, Teledyne Technologies Inc., Texas Instruments Incorporated, Thales Group, Trimble Inc. and Vectornav Technologies LLC.

Report Coverages:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Component, Grade, Technology, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Analog Devices Inc., General Electric Company, Honeywell International Inc., Northrop Grumman Corporation, Robert Bosch Gmbh, Safran, STMicroelectronics SA, Teledyne Technologies Inc., Texas Instruments Incorporated, Thales Group, Trimble Inc. and Vectornav Technologies LLC.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global inertial measurement unit market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global inertial measurement unit market?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the grade?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global inertial measurement unit market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Inertial Measurement Unit Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Accelerometers
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Gyroscopes
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Magnetometers
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Grade
    7.1    Marine Grade
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Navigation Grade
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Tactical Grade
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Space Grade
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Commercial Grade
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Technology
    8.1    Mechanical Gyro
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Ring Laser Gyro
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Fiber Optics Gyro
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    MEMS
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by End Use Industry
    9.1    Consumer Electronics
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Aerospace and Defense
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Automotive
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Others
        9.4.1 Market Trends
        9.4.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Analog Devices Inc.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio 
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    General Electric Company
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio 
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    Honeywell International Inc.
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio 
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Northrop Grumman Corporation
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio 
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    Robert Bosch Gmbh
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio 
           15.3.5.3 SWOT Analysis
        15.3.6   Safran
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio 
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    STMicroelectronics SA
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio 
           15.3.7.3 Financials
           15.3.7.4 SWOT Analysis
        15.3.8    Teledyne Technologies Inc.
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio 
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    Texas Instruments Incorporated
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio 
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Thales Group
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio 
           15.3.10.3 Financials
           15.3.10.4 SWOT Analysis
        15.3.11    Trimble Inc. 
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio 
           15.3.11.3 Financials
           15.3.11.4 SWOT Analysis
        15.3.12    Vectornav Technologies, LLC
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio 

List of Figures

Figure 1: Global: Inertial Measurement Unit Market: Major Drivers and Challenges
Figure 2: Global: Inertial Measurement Unit Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Inertial Measurement Unit Market: Breakup by Component (in %), 2020
Figure 4: Global: Inertial Measurement Unit Market: Breakup by Grade (in %), 2020
Figure 5: Global: Inertial Measurement Unit Market: Breakup by Technology (in %), 2020
Figure 6: Global: Inertial Measurement Unit Market: Breakup by End Use Industry (in %), 2020
Figure 7: Global: Inertial Measurement Unit Market: Breakup by Region (in %), 2020
Figure 8: Global: Inertial Measurement Unit Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 9: Global: Inertial Measurement Unit (Accelerometers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Inertial Measurement Unit (Accelerometers) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Inertial Measurement Unit (Gyroscopes) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Inertial Measurement Unit (Gyroscopes) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Inertial Measurement Unit (Magnetometers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Inertial Measurement Unit (Magnetometers) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Inertial Measurement Unit (Marine Grade) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Inertial Measurement Unit (Marine Grade) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Inertial Measurement Unit (Navigation Grade) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Inertial Measurement Unit (Navigation Grade) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Inertial Measurement Unit (Tactical Grade) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Inertial Measurement Unit (Tactical Grade) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Inertial Measurement Unit (Space Grade) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Inertial Measurement Unit (Space Grade) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Inertial Measurement Unit (Commercial Grade) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Inertial Measurement Unit (Commercial Grade) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Inertial Measurement Unit (Mechanical Gyro) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Inertial Measurement Unit (Mechanical Gyro) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Inertial Measurement Unit (Ring Laser Gyro) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Inertial Measurement Unit (Ring Laser Gyro) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Inertial Measurement Unit (Fiber Optics Gyro) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Inertial Measurement Unit (Fiber Optics Gyro) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Inertial Measurement Unit (MEMS) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Inertial Measurement Unit (MEMS) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Inertial Measurement Unit (Other Technologies) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Inertial Measurement Unit (Other Technologies) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Inertial Measurement Unit (Consumer Electronics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Inertial Measurement Unit (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Global: Inertial Measurement Unit (Aerospace and Defense) Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Global: Inertial Measurement Unit (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Global: Inertial Measurement Unit (Automotive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Global: Inertial Measurement Unit (Automotive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Global: Inertial Measurement Unit (Other End Use Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Global: Inertial Measurement Unit (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: North America: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: North America: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: United States: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: United States: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Canada: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Canada: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Asia Pacific: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Asia Pacific: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: China: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: China: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Japan: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Japan: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: India: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: India: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: South Korea: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: South Korea: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Australia: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Australia: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Indonesia: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Indonesia: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Others: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Others: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Europe: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Europe: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Germany: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Germany: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: France: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: France: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: United Kingdom: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: United Kingdom: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Italy: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Italy: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Spain: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Spain: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Russia: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: Russia: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Others: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Others: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Latin America: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 82: Latin America: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 83: Brazil: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 84: Brazil: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 85: Mexico: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 86: Mexico: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 87: Others: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 88: Others: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 89: Middle East and Africa: Inertial Measurement Unit Market: Sales Value (in Million US$), 2015 & 2020
Figure 90: Middle East and Africa: Inertial Measurement Unit Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 91: Global: Inertial Measurement Unit Industry: SWOT Analysis
Figure 92: Global: Inertial Measurement Unit Industry: Value Chain Analysis
Figure 93: Global: Inertial Measurement Unit Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Inertial Measurement Unit Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Inertial Measurement Unit Market Forecast: Breakup by Component (in Million US$), 2021-2026
Table 3: Global: Inertial Measurement Unit Market Forecast: Breakup by Grade (in Million US$), 2021-2026
Table 4: Global: Inertial Measurement Unit Market Forecast: Breakup by Technology (in Million US$), 2021-2026
Table 5: Global: Inertial Measurement Unit Market Forecast: Breakup by End Use Industry (in Million US$), 2021-2026
Table 6: Global: Inertial Measurement Unit Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 7: Global: Inertial Measurement Unit Market Structure
Table 8: Global: Inertial Measurement Unit Market: Key Players

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