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Inertial Measurement Unit (IMU) Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_26553 | Date : Jan, 2023 | Pages : 186 | Region : Global

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An IMU is a self-contained system that measures linear acceleration and angular motion/rotational rate using a combination of (typically) three gyroscopes and three accelerometers. IMUs are used as components of navigation and guidance systems to track the position, velocity, and orientation of a vehicle throughout a particular mission.
Honeywell, Northrop Grumman and SAFRAN captured the top three revenue share spots in the IMU market in 2017. Honeywell dominated with 32.78 percent revenue share, followed by Northrop Grumman with 19.28 percent revenue share and SAFRAN with 9.12 percent revenue share.
In this study, the consumption of Inertial Measurement Unit divided into four geographic regions: In North America, total Inertial Measurement Unit accounted for 38.60%. In the Europe, total Inertial Measurement Unit accounted for 31.00%. The market in China Inertial Measurement Unit accounted for 13.86 %, In Middle East, total Inertial Measurement Unit accounted for 4.27 %, and in other region 12.28 %. Among all regions, North America is estimated to represent the highest share.
In terms of applications, the Defense segment was estimated to account for the highest sales volume share of 36.39 % in 2017. Industrial applications are significant today and are expected to be the most growing markets until 2030.

The Global Inertial Measurement Unit (IMU) Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.

As the report focuses on global Inertial Measurement Unit (IMU) Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

Honeywell International
Northrop Grumman Corp
SAFRAN
Thales
Kearfott
KVH Industries
UTC
Systron Donner Inertial
IAI Tamam
L3 Technologies
VectorNav
SBG systems
Navgnss
Starneto

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

High-performance IMU
MEMS Based IMU (except for consumer and automotive grade)
In Market segmentation by applications :

Defense
Commercial Aerospace
Other Industrial Application

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Inertial Measurement Unit (IMU) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Inertial Measurement Unit (IMU) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Inertial Measurement Unit (IMU) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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