Inertial Measurement Unit Market

Inertial Measurement Unit Market by Component (Accelerometer, Gyroscope, Magnetometer, Others), Grade (Marine, Navigation, Tactical, Space, Commercial), Technology (MO, RLG, FOG, MEMS), Platform, End User and Region (2021-2026)

Report Code: AS 3306 Feb, 2022, by marketsandmarkets.com

[256 Pages Report] The market for inertial measurement unit is estimated to be USD 21.3 billion in 2021 and is projected to reach USD 40.7 billion by 2026, at a CAGR of 13.8% during the forecast period.

The growth of this market is mainly driven by the high–volume production of smartphones, increase in demand for missiles and rise in aircraft deliveries.

Inertial Measurement Unit Market

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COVID-19 Impact on the Inertial Measurement Unit Market

The inertial measurement unit market includes major players General Electric (US), Honeywell (US), Bosch (Germany), Safran (France), and Northrop Grumman (US). These players have spread their business across various countries including North America, Europe, Asia Pacific, Middle East, and Rest of the World. COVID-19 has impacted their businesses as well.

Inertial Measurement Unit Market Dynamics

Drivers: High volume production of smartphones

The increase in new smartphones sales and shipments across the globe is one of the key factors driving the growth of the IMU market. According to International Data Corporation (IDC), the shipment volume of smartphones reached 1,292.2 million units in 2020. The demand for smartphones is strong in the largest markets such as China, the US, Brazil, Japan, etc. The penetration of smartphones is increasing significantly in countries with a high gross population such as India, Nigeria, and Pakistan, and will fuel the growth of the smartphones market during the forecast period. Additionally, many smartphones include inertial measurement units that normally include a gyro sensor, accelerometer, and magnetometer. The IMUs installed in smartphones enable them to measure the gait, tremor, and movement characteristics of humans. Therefore, increasing shipment of smartphones is driving the growth of the inertial measurement unit market.

Opportunities: Booming VR and AR technologies

AR is a technology that uses the existing environment to overlay new information on top of it, whereas VR provides the user with a virtual environment with the help of hardware and software equipped in a computing device. It also provides a fully immersive environment where the user can interact with objects similar to those in the real world. AR is used to enhance the visual experience using virtual tools such as graphics, digital images, and simulations to add a new layer of interaction with the real environment. VR can create a virtual world with computer-generated and machine-driven reality. IMU is a key component used to measure speed, orientation, and specific gravity or acceleration to augment VR into the real world. Increasing product launches is also driving the growth of the market. For instance, in 2018, Bosch Sensortec launched the BMI085, a 6-axis high-performance IMU. It includes a 3-axis 16-bit MEMS acceleration sensor and a 3-axis 16-bit MEMS gyroscope in a single package. The BMI085 provides responsive motion sensors, enhanced precision, robustness, and reduced time lag. This makes the device ideal for high-performance AR/VR applications

Challenges: Error propagation

Stable platform IMUs depend on various mechanical parts inter-connected to each other with different joints for their functioning. These joints need to be frictionless to avoid any measurement error. With continued usage and wear and tear, the errors caused due to friction increase, which, in turn, hampers the performance of these systems. Apart from friction, there are a few computational errors that are induced as a result of noise and drifts. For instance, MEMS inertial sensors encompass very tiny mechanical components weighing in micrograms. These parts are so light that they occasionally fail to react to small changes with respect to orientation. Thus, friction and drifts induce a measurement error, which gets propagated in the long run.

Increasing need to measure angular velocity in three dimensions is expected to fuel the growth of the gyroscope segment in the inertial measurement unit market during the forecast period.

The gyroscope segment is estimated to lead the market during the forecast period, with a share of 57% in 2021. Gyroscopes are used in various devices to calculate their actual velocity until these devices stabilize and provide the measurement of the angular velocity proportional to the external torque applied. They are used in different types of aircraft. Gyroscopes find application in the defense sector. They are also used in various industrial applications. Gyroscopes are extensively used in the consumer electronics and automotive industries. They are widely used in smartphones, owing to their orientation and rotation measurement capabilities.

The MEMS segment is projected to witness the highest CAGR during the forecast period.

Based on technology, the MEMS segment is projected to be the highest CAGR rate for the inertial measurement unit market during the forecast period. These small, lightweight systems have an advantage over other types of IMUs due to their less weight and comparatively higher accuracy with a compact size. MEMS-based IMUs are expected to replace FOG IMUs in tactical grade performance applications in the coming years.

The commercial grade segment is projected to witness the highest CAGR during the forecast period.

Based on the grade, the commercial grade segment is projected to grow at the highest CAGR rate for the inertial measurement unit market during the forecast period. Commercial grade IMUs include consumer grade IMUs and enterprise-grade IMUs. Consumer grade IMUs are used for low-end applications such as phones, tablets, automobile airbag systems, etc., while enterprise-grade IMUs are used in small UAVs.

The satellites/space vehicles segment is projected to witness the highest CAGR during the forecast period

Based on platform, the satellites/space vehicles segment is projected to grow at the highest CAGR rate for the inertial measurement unit market during the forecast period. They are used for television broadcasting, telephones, satellite-based navigation, and weather forecasting and are equipped with sophisticated satellite telescopes for space research. They are also used for search and rescue missions as well as monitoring ocean, wind currents, forest fires, oil spills, airborne pollution.

The commercial segment is projected to witness the highest CAGR during the forecast period.

Based on the end user, the commercial segment is projected to grow at the highest CAGR rate for the inertial measurement unit market during the forecast period. IMUs serve as orientation sensors in many consumer products. Low-cost IMUs have enabled the proliferation of the consumer drone industry. They are also frequently used in the sports industry, like in technique training, and animation applications.

The Asia Pacific market is projected to contribute the largest share from 2021 to 2026

The majority of the Asia Pacific IMU market is accounted for by consumer electronic products. In addition, according to the Shipbuilders' Association of Japan, Asia Pacific accounts for a 96% share of the global merchant shipbuilding industry. As per OICA, car manufacturers in China and Japan alone constituted 42.8% of the global car production in 2020. Asia Pacific has a monopoly in industries such as consumer electronics, marine, and automobiles.

Inertial Measurement Unit Market by Region

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The inertial masurement unit market is dominated by a few globally established players such as General Electric (US), Honeywell (US), Bosch (Germany), Safran (France), and Northrop Grumman (US).

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Scope of the Report

Report Metric

Details

Market size available for years

2017–2026

Base year considered

2020

Forecast period

2021-2026

Forecast units

Value (USD Million)

Segments covered

By Component, By Technology, By Grade, By Platform, By End User

Geographies covered

North America, Europe, Asia Pacific, and Rest of the World

Companies covered

General Electric (US), Honeywell (US), Bosch (Germany), Safran (France), and Northrop Grumman (US)

The study categorizes the inertial measurement unit based on component, technology, grade, platform, end user, and by region.

By Component

  • Accelerometers
  • Gyroscopes
  • Magnetometers
  • Other sensors

By Technology

  • Mechanical Gyro
  • Ring Laser Gyro
  • Fiber Optic Gyro
  • MEMs
  • Others

By Grade

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

By Platform

  • Aircraft
  • Missiles
  • Satellites/Space Vehicles
  • Marine Vessels
  • Military Vehicles
  • Unmanned Aerial Vehicles (UAVs)
  • Unmanned Ground Vehicles (UGVs)
  • Unmanned Marine Vehicles (UMVs)
  • Consumer Electronics
  • Automotive
  • Survey Equipment
  • Advanced Air Mobility

By End User

  • Aerospace and Defense
  • Commercial

By Region

  • North America
  • Asia Pacific
  • Europe
  • Rest of the World

Recent Developments

  • In June 2021, Safran Electronics & Defense, a long-standing leader in inertia, unveiled Geonyx M, its first amphibious inertial navigation system, designed for and with marine commandos. Geonyx M reaps the advantages of technologies and feedback from other Safran Electronics & Defense product ranges, including Geonyx (land vehicles), Argonyx (surface vessels), and Black-Onyx (submarines). This legacy enables it to deliver a true breakthrough in terms of performance, reliability, precision, and robustness.
  • In April 2021, Pipistrel selected Honeywell’s next-generation Attitude Heading Reference System and Air Data Module for its Nuuva V300 cargo unmanned aerial vehicle (UAV). The technologies provide critical navigation and motion-sensing data and will work in tandem with Honeywell’s Compact Fly-By-Wire system onboard the aircraft.
  • In February 2021, Northrop Grumman Corporation provided key navigation and critical components to support NASA Jet Propulsion Laboratory’s Perseverance Rover. The Perseverance Rover utilizes Northrop Grumman’s LN-200S inertial measurement unit (IMU) to provide attitude and acceleration information for guidance, as well as pressurant tanks for the Rover’s Gas Dust Removal Tool (GDRT) and propellant tanks for the Rover’s controlled descent element.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 35)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 MARKET SCOPE
           1.3.1 MARKETS COVERED
                    FIGURE 1 INERTIAL MEASUREMENT UNIT MARKET SEGMENTATION
           1.3.2 YEARS CONSIDERED FOR THE STUDY
    1.4 INCLUSIONS AND EXCLUSIONS
          TABLE 1 INCLUSIONS AND EXCLUSIONS IN INERTIAL MEASUREMENT UNIT MARKET
    1.5 CURRENCY & PRICING
    1.6 LIMITATIONS
    1.7 MARKET STAKEHOLDERS
    1.8 SUMMARY OF CHANGES
          FIGURE 2 INERTIAL MEASUREMENT UNIT MARKET TO GROW AT HIGHER RATE COMPARED TO PREVIOUS ESTIMATES

2 RESEARCH METHODOLOGY (Page No. - 40)
    2.1 RESEARCH DATA
          FIGURE 3 RESEARCH PROCESS FLOW
          FIGURE 4 IMU MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key primary sources
    2.2 DEMAND & SUPPLY-SIDE ANALYSIS
           2.2.1 INTRODUCTION
           2.2.2 DEMAND-SIDE INDICATORS
                    2.2.2.1 Rise in global air passenger and cargo traffic
           2.2.3 SUPPLY-SIDE INDICATORS
                    2.2.3.1 Adoption of MEMS in aircraft and defense applications
    2.3 MARKET SIZE ESTIMATION
           2.3.1 SEGMENTS AND SUBSEGMENTS
    2.4 RESEARCH APPROACH & METHODOLOGY
           2.4.1 BOTTOM-UP APPROACH
                    TABLE 2 IMU MARKET FOR PLATFORM
                    FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.4.2 TOP-DOWN APPROACH
                    FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    2.5 MARKET BREAKDOWN & DATA TRIANGULATION
          FIGURE 7 DATA TRIANGULATION
    2.6 GROWTH RATE ASSUMPTIONS
    2.7 ASSUMPTIONS FOR THE RESEARCH STUDY
    2.8 RISKS

3 EXECUTIVE SUMMARY (Page No. - 50)
    FIGURE 8 MEMS SEGMENT ESTIMATED TO DOMINATE INERTIAL MEASUREMENT UNIT MARKET, BY TECHNOLOGY, DURING 2021–2026 (USD MILLION)
    FIGURE 9 GYROSCOPES SEGMENT ESTIMATED TO DOMINATE INERTIAL MEASUREMENT UNIT MARKET, BY COMPONENT, DURING 2021–2026 (USD MILLION)
    FIGURE 10 COMMERCIAL SEGMENT ESTIMATED TO DOMINATE INERTIAL MEASUREMENT UNIT MARKET, BY END USER, DURING 2021–2026 (USD MILLION)
    FIGURE 11 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF INERTIAL MEASUREMENT UNIT MARKET IN 2021

4 PREMIUM INSIGHTS (Page No. - 53)
    4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN INERTIAL MEASUREMENT UNIT MARKET
          FIGURE 12 HIGH VOLUME PRODUCTION OF SMARTPHONES AND RISE IN AIRCRAFT DELIVERIES EXPECTED TO DRIVE MARKET FROM 2O21 TO 2026
    4.2 INERTIAL MEASUREMENT UNIT MARKET, BY GRADE
          FIGURE 13 COMMERCIAL GRADE SEGMENT PROJECTED TO LEAD MARKET FROM 2021 TO 2026
    4.3 INERTIAL MEASUREMENT UNIT MARKET, BY TOP COUNTRIES
          FIGURE 14 INERTIAL MEASUREMENT UNIT MARKET IN JAPAN PROJECTED TO REGISTER HIGHEST CAGR FROM 2021 TO 2026

5 MARKET OVERVIEW (Page No. - 55)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
          FIGURE 15 INERTIAL MEASUREMENT UNIT MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 High volume production of smartphones
                                TABLE 3 TOP FIVE SMARTPHONE MANUFACTURERS’ SHIPMENTS AND MARKET SHARE, 2019-2020 (MILLION UNITS)
                    5.2.1.2 Increased demand for missiles due to geopolitical instability and changing nature of warfare
                                TABLE 4 LIST OF ONGOING GEOPOLITICAL ISSUES AND CONFLICTS
                    5.2.1.3 Increasing demand for accuracy in navigation
                    5.2.1.4 Availability of miniaturized components at affordable prices
                    5.2.1.5 Rise in aircraft deliveries
                                FIGURE 16 AIRCRAFT DELIVERED BY BOEING AND AIRBUS, 2016−2021
           5.2.2 RESTRAINTS
                    5.2.2.1 Operational complexities associated with high-end IMUs
                    5.2.2.2 Fluctuation in defense budgets of developed countries
                                TABLE 5 DEFENSE EXPENDITURE OF DEVELOPED COUNTRIES, 2011-2020 (USD BILLION)
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Booming VR and AR technologies
                               5.2.3.1.1 Penetration of AR/VR in multiple industries
                               5.2.3.1.2 Increased capital investments
                    5.2.3.2 Enhanced performance upon integration with other systems
                    5.2.3.3 Technological advancements in MEMS-based IMUs
                    5.2.3.4 Development of driverless vehicles
                    5.2.3.5 Growing demand for unmanned aerial vehicles
                                FIGURE 17 DRONE MARKET, 2017-2026 (USD MILLION)
           5.2.4 CHALLENGES
                    5.2.4.1 Error propagation
                    5.2.4.2 Time required for system initialization
                    5.2.4.3 Restrictions in commercial use of drones
    5.3 COVID-19 IMPACT SCENARIOS
          FIGURE 18 RANGES AND SCENARIOS FOR INERTIAL MEASUREMENT UNIT MARKET
    5.4 COVID-19 IMPACT ON INERTIAL MEASUREMENT UNIT MARKET
          TABLE 6 COVID-19 IMPACT ON PASSENGER NUMBERS AND PASSENGER REVENUE
          TABLE 7 COVID-19 IMPACT ON TABLET SHIPMENTS (MILLION UNITS)
    5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESS
           5.5.1 ENHANCING UAVS PERFORMANCE BY USING INERTIAL MEASUREMENT UNIT
                    FIGURE 19 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS
    5.6 MARKET ECOSYSTEM
           5.6.1 PROMINENT COMPANIES
           5.6.2 PRIVATE AND SMALL ENTERPRISES
           5.6.3 END USERS
                    FIGURE 20 INERTIAL MEASUREMENT UNIT ECOSYSTEM
                    TABLE 8 INERTIAL MEASUREMENT UNIT MARKET ECOSYSTEM
    5.7 PRICING ANALYSIS
           5.7.1 COST OF INERTIAL MEASUREMENT UNIT USED FOR VARIOUS GRADES AND MANUFACTURERS OF IMUS
    5.8 TARIFF REGULATORY LANDSCAPE FOR AEROSPACE INDUSTRY
           5.8.1 TARIFF AND REGULATORY LANDSCAPE FOR CONSUMER ELECTRONICS
           5.8.2 TARIFF AND REGULATORY LANDSCAPE FOR MARINE INDUSTRY
           5.8.3 TARIFF AND REGULATORY LANDSCAPE FOR AUTOMOTIVE INDUSTRY
    5.9 TRADE DATA
           5.9.1 TRADE ANALYSIS
                    TABLE 9 COUNTRY-WISE EXPORTS, 2019-2020 (USD THOUSAND)
                    TABLE 10 COUNTRY-WISE IMPORTS, 2019-2020 (USD THOUSAND)
    5.10 VALUE CHAIN ANALYSIS OF INERTIAL MEASUREMENT UNIT MARKET
           FIGURE 21 VALUE CHAIN ANALYSIS
    5.11 PORTER’S FIVE FORCES MODEL
           FIGURE 22 PORTER’S FIVE FORCE ANALYSIS OF INERTIAL MEASUREMENT UNIT MARKET
           TABLE 11 INERTIAL MEASUREMENT UNIT MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.11.1 THREAT OF NEW ENTRANTS
           5.11.2 THREAT OF SUBSTITUTES
           5.11.3 BARGAINING POWER OF SUPPLIERS
           5.11.4 BARGAINING POWER OF BUYERS
           5.11.5 COMPETITION IN THE INDUSTRY
    5.12 TECHNOLOGY ANALYSIS
           5.12.1 MEMS FOR CONSUMER & AUTOMOTIVE APPLICATIONS
    5.13 USE CASE
           5.13.1 SILICON MEMS BY SILICON SENSING SYSTEMS LIMITED
           5.13.2 RUGGED IMUS BY HONEYWELL INTERNATIONAL INC.
    5.14 OPERATIONAL DATA
           TABLE 12 NEW COMMERCIAL AIRPLANE DELIVERIES, BY REGION, 2019-2038
           TABLE 13 NUMBER OF SMARTPHONE USERS IN 2020, BY COUNTRY
           TABLE 14 MOTOR VEHICLE PRODUCTION IN 2020, BY COUNTRY (MILLION UNITS)
    5.15 AVERAGE SELLING PRICE
           TABLE 15 AVERAGE SELLING PRICE: IMU, BY PLATFORM (USD MILLION)
    5.16 VOLUME DATA
           TABLE 16 IMU MARKET SIZE, BY PLATFORM (UNITS)
           TABLE 17 IMU MARKET SIZE, BY PLATFORM (UNITS)

6 INDUSTRY TRENDS (Page No. - 79)
    6.1 INTRODUCTION
    6.2 SUPPLY CHAIN ANALYSIS
          FIGURE 23 SUPPLY CHAIN ANALYSIS
           6.2.1 MAJOR COMPANIES
           6.2.2 INERTIAL MEASUREMENT UNIT MANUFACTURERS
           6.2.3 END USERS/CUSTOMERS
    6.3 EMERGING INDUSTRY TRENDS
           6.3.1 WIRELESS INERTIAL MEASUREMENT UNIT
           6.3.2 GPS-AIDED INS
           6.3.3 ADIRU
           6.3.4 IMU FOR AR/VR
    6.4 INNOVATIONS AND PATENTS REGISTRATIONS, 2011-2021
          TABLE 18 INNOVATION AND PATENT REGISTRATION
    6.5 IMPACT OF MEGATREND
           6.5.1 HYBRID VTOL UAVS AND INERTIAL MEASUREMENT UNIT
           6.5.2 INERTIAL MEASUREMENT UNIT FOR UNMANNED VEHICLES

7 INERTIAL MEASUREMENT UNIT MARKET, BY COMPONENT (Page No. - 84)
    7.1 INTRODUCTION
          FIGURE 24 BY COMPONENT, GYROSCOPES SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD
          TABLE 19 INERTIAL MEASUREMENT UNIT MARKET, BY COMPONENT, 2017–2020 (USD MILLION)
          TABLE 20 INERTIAL MEASUREMENT UNIT MARKET, BY COMPONENT, 2021–2026 (USD MILLION)
    7.2 ACCELEROMETERS
           7.2.1 ACCELEROMETERS ARE USED TO MEASURE ACCELERATION INDUCED BY FORCES ACTING IN ONE OR MULTIPLE DIRECTIONS.
    7.3 GYROSCOPES
           7.3.1 GYROSCOPES ARE SILICON-BASED SENSORS USED TO MEASURE ANGULAR VELOCITY IN THREE DIMENSIONS
    7.4 MAGNETOMETERS
           7.4.1 MAGNETOMETERS ARE USED IN IMUS TO DETECT DIRECTION OF MAGNETIC FIELD AT ANY POINT IN SPACE
    7.5 OTHER SENSORS
           7.5.1 PRESSURE SENSORS CAN BE USED TO MEASURE BAROMETRIC PRESSURE, ENABLING ACCURATE ALTITUDE MEASUREMENTS

8 INERTIAL MEASUREMENT UNIT MARKET, BY TECHNOLOGY (Page No. - 88)
    8.1 INTRODUCTION
          FIGURE 25 BY TECHNOLOGY, MEMS SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD
          TABLE 21 INERTIAL MEASUREMENT UNIT MARKET, BY TECHNOLOGY, 2017–2020 (USD MILLION)
          TABLE 22 INERTIAL MEASUREMENT UNIT MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)
    8.2 MECHANICAL GYRO
           8.2.1 INCREASING USAGE IN MARINE AND SUBMARINE PLATFORMS
    8.3 RING LASER GYRO
           8.3.1 RING LASER GYRO PRIMARILY USED IN MILITARY AIRCRAFT, MISSILES, SHIPS, AND SUBMARINES
    8.4 FIBER OPTIC GYRO
           8.4.1 FIBER OPTIC GYRO USED IN APPLICATIONS THAT REQUIRE HIGH RELIABILITY AND ACCURACY, SUCH AS SPACE, AIRCRAFT, AND MISSILE APPLICATIONS
    8.5 MEMS
           8.5.1 INCREASING USAGE IN TACTICAL GRADE PERFORMANCE APPLICATIONS
    8.6 OTHERS
           8.6.1 INCREASING USAGE IN SPACE APPLICATIONS AND MAINTENANCE-FREE MARINE GYROCOMPASSES, TARGET LOCATORS, AND NAVIGATION SYSTEMS

9 INERTIAL MEASUREMENT UNIT MARKET, BY GRADE (Page No. - 92)
    9.1 INTRODUCTION
          FIGURE 26 BY GRADE, COMMERCIAL GRADE SEGMENT IS PROJECTED TO LEAD MARKET DURING FORECAST PERIOD
          TABLE 23 INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
          TABLE 24 INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
    9.2 MARINE GRADE
           9.2.1 MARINE GRADE SYSTEMS USED FOR ORIENTATION AND ACCURATE POSITIONING OF SHIPS
    9.3 NAVIGATION GRADE
           9.3.1 NAVIGATION GRADE SYSTEMS ARE COMBINED WITH GPS TECHNOLOGY FOR ACCURATE POSITIONING IN REAL-TIME
    9.4 TACTICAL GRADE
           9.4.1 TACTICAL GRADE IMUS ARE USED TO PROVIDE STANDALONE NAVIGATION SOLUTIONS FOR DEFENSE SECTOR
    9.5 SPACE GRADE
           9.5.1 SPACE GRADE IMUS ARE USED FOR SPACE NAVIGATION APPLICATIONS, WHICH REQUIRE HIGH ACCURACY, ESPECIALLY DURING HIGHLY DYNAMIC FLIGHT PHASES
    9.6 COMMERCIAL GRADE
           9.6.1 COMMERCIAL GRADE SYSTEMS ARE USED EXTENSIVELY IN UNDERWATER ROBOTIC VEHICLES, CONSUMER UAVS, AND AUTOMOBILES

10 INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM (Page No. - 96)
     10.1 INTRODUCTION
             FIGURE 27 BY PLATFORM, CONSUMER ELECTRONICS SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD
             TABLE 25 INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
             TABLE 26 INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
     10.2 AIRCRAFT
             10.2.1 CIVIL AIRCRAFT
                       TABLE 27 IMU MARKET SIZE, BY CIVIL AIRCRAFT, 2017–2020 (USD MILLION)
                       TABLE 28 IMU MARKET SIZE, BY CIVIL AIRCRAFT, 2021–2026 (USD MILLION)
                        10.2.1.1 General aviation
                                     10.2.1.1.1 Increased preference for cost-effective air travel for luxury and recreational activities to drive market growth
                        10.2.1.2 Commercial cargo/passenger aircraft
                                     10.2.1.2.1 Growing air passenger traffic and replacement of aging aircraft by different airlines to drive market growth
                        10.2.1.3 Civil helicopters
                                     10.2.1.3.1 Increasing demand for commercial helicopters to ensure efficient regional connectivity to drive market growth
             10.2.2 MILITARY AIRCRAFT
                       TABLE 29 IMU MARKET SIZE, BY MILITARY AIRCRAFT, 2017–2020 (USD MILLION)
                       TABLE 30 IMU MARKET SIZE, BY MILITARY AIRCRAFT, 2021–2026 (USD MILLION)
                        10.2.2.1 Fighter aircraft
                                     10.2.2.1.1 Increasing deliveries of fighter jets across regions to drive market growth
                        10.2.2.2 Military helicopters
                                     10.2.2.2.1 Demand for military helicopters driven by procurement plans of emerging economies and rapidly evolving global geopolitical dynamics, which will, in turn, drive IMU market
                        10.2.2.3 Transport aircraft
                                     10.2.2.3.1 IMU market to be comparatively low in transport carrier platform as budget cuts expected in developing countries
     10.3 MISSILES
             TABLE 31 IMU MARKET SIZE, BY MISSILES, 2017–2020 (USD MILLION)
             TABLE 32 IMU MARKET SIZE, BY MISSILES, 2021–2026 (USD MILLION)
             10.3.1 CRUISE MISSILES
                        10.3.1.1 Modern cruise missiles can fly at high speeds and are self-navigating with maximum precision
             10.3.2 BALLISTIC MISSILES
                        10.3.2.1 Increasing tension across regions to increase ballistic missiles development, in turn, driving IMU market
     10.4 SATELLITES/SPACE VEHICLES
             TABLE 33 IMU MARKET SIZE, BY SATELLITES/SPACE VEHICLES, 2017–2020 (USD MILLION)
             TABLE 34 IMU MARKET SIZE, BY SATELLITES/SPACE VEHICLES, 2021–2026 (USD MILLION)
             10.4.1 CUBESAT
                        10.4.1.1 Increasing usage in Earth observation and amateur radio
             10.4.2 SMALL SATELLITE
                        10.4.2.1 Increasing usage to gather scientific data and radio delay
             10.4.3 MEDIUM SATELLITE
                        10.4.3.1 Increasing usage in observation, communication, and navigation
             10.4.4 LARGE SATELLITE
                        10.4.4.1 Compared to small and medium-sized satellites, large satellites are not frequently launched or developed
     10.5 MARINE VESSELS
             TABLE 35 IMU MARKET SIZE, BY MARINE VESSELS, 2017–2020 (USD MILLION)
             TABLE 36 IMU MARKET SIZE, BY MARINE VESSELS, 2021–2026 (USD MILLION)
             10.5.1 COMMERCIAL
                        10.5.1.1 Increasing need for commercial ships by countries for logistical applications
             10.5.2 DEFENSE
                        10.5.2.1 Increasing use for combat operations and as vessels for different vehicles
     10.6 MILITARY VEHICLES
             TABLE 37 IMU MARKET SIZE, BY MILITARY VEHICLES, 2017–2020 (USD MILLION)
             TABLE 38 IMU MARKET SIZE, BY MILITARY VEHICLES, 2021–2026 (USD MILLION)
             10.6.1 COMBAT VEHICLES
                        10.6.1.1 Increasing usage of IMUs in navigation, tracking, and self-propelled artillery
             10.6.2 SUPPORT VEHICLES
                        10.6.2.1 Increasing usage in transportation of personnel and equipment
     10.7 UAVS
             TABLE 39 IMU MARKET SIZE, BY UAVS, 2017–2020 (USD MILLION)
             TABLE 40 IMU MARKET SIZE, BY UAVS, 2021–2026 (USD MILLION)
             10.7.1 COMMERCIAL UAVS
                        10.7.1.1 Increasing usage in wide range of consumer and enterprise-based applications
             10.7.2 MILITARY UAVS
                        10.7.2.1 Increasing usage in tactical and ISR missions
     10.8 UNMANNED GROUND VEHICLES (UGVS)
             TABLE 41 IMU MARKET SIZE, BY UGVS, 2017–2020 (USD MILLION)
             TABLE 42 IMU MARKET SIZE, BY UGVS, 2021–2026 (USD MILLION)
             10.8.1 COMMERCIAL UGVS
                        10.8.1.1 Increasing usage for transportation and patrolling within enterprises
             10.8.2 MILITARY UGVS
                        10.8.2.1 Increasing usage in ISR and related missions
     10.9 UNMANNED MARINE VEHICLES (UMVS)
             TABLE 43 IMU MARKET SIZE, BY UMVS, 2017–2020 (USD MILLION)
             TABLE 44 IMU MARKET SIZE, BY UMVS, 2021–2026 (USD MILLION)
             10.9.1 ROVS
                        10.9.1.1 Increasingly used in burying cables underwater and trenching
             10.9.2 AUVS
                        10.9.2.1 Increasingly used to collect oceanographic data for extended periods with remote human supervision
             10.9.3 USVS
                        10.9.3.1 Increasing usage in wide range of military and commercial applications
     10.10 CONSUMER ELECTRONICS
              TABLE 45 IMU MARKET SIZE, BY CONSUMER ELECTRONICS, 2017–2020 (USD MILLION)
              TABLE 46 IMU MARKET SIZE, BY CONSUMER ELECTRONICS, 2021–2026 (USD MILLION)
             10.10.1 SMARTPHONES
                        10.10.1.1 Increasing usage in motion sensing and indoor navigation
             10.10.2 SMARTWATCHES
                        10.10.2.1 Need for motion tracking for fitness
             10.10.3 OTHERS
                        10.10.3.1 Increasing developments in AR and VR applications
     10.11 AUTOMOTIVE
              TABLE 47 IMU MARKET SIZE, BY AUTOMOTIVE, 2017–2020 (USD MILLION)
              TABLE 48 IMU MARKET SIZE, BY AUTOMOTIVE, 2021–2026 (USD MILLION)
             10.11.1 COMMERCIAL VEHICLES
                        10.11.1.1 Increasingly used in driver assist and navigation
             10.11.2 PASSENGER VEHICLES
                        10.11.2.1 Increasing usage in safety features
             10.11.3 LAND SURVEY EQUIPMENT
             10.11.4 INCREASING USAGE IN PLOT DIVISION AND CONSTRUCTION ACTIVITIES
     10.12 ADVANCED AIR MOBILITY
             10.12.1 INCREASING USAGE OF IMU AND OTHER SENSORS FOR STABILITY AND NAVIGATION

11 INERTIAL MEASUREMENT UNIT MARKET, BY END USER (Page No. - 114)
     11.1 INTRODUCTION
             FIGURE 28 BY END USER, COMMERCIAL SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD
             TABLE 49 INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
             TABLE 50 INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
     11.2 AEROSPACE & DEFENSE
             11.2.1 IMUS USED FOR NAVIGATION, STABILITY, AND SAFETY PURPOSES
     11.3 COMMERCIAL
             11.3.1 IMUS USED EXTENSIVELY FOR ORIENTATION AND MOTION SENSOR APPLICATIONS

12 REGIONAL ANALYSIS (Page No. - 117)
     12.1 INTRODUCTION
             FIGURE 29 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF INERTIAL MEASUREMENT UNIT MARKET IN 2021
             TABLE 51 INERTIAL MEASUREMENT UNIT MARKET, BY REGION, 2017–2020 (USD MILLION)
             TABLE 52 INERTIAL MEASUREMENT UNIT MARKET, BY REGION, 2021–2026 (USD MILLION)
     12.2 NORTH AMERICA
             FIGURE 30 NORTH AMERICA INERTIAL MEASUREMENT UNIT MARKET SNAPSHOT
             12.2.1 PESTLE ANALYSIS: NORTH AMERICA
                        TABLE 53 NORTH AMERICA: INERTIAL MEASUREMENT UNIT MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
                        TABLE 54 NORTH AMERICA: INERTIAL MEASUREMENT UNIT MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 55 NORTH AMERICA: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                        TABLE 56 NORTH AMERICA: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                        TABLE 57 NORTH AMERICA: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                        TABLE 58 NORTH AMERICA: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                        TABLE 59 NORTH AMERICA: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                        TABLE 60 NORTH AMERICA: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
             12.2.2 US
                        12.2.2.1 Presence of major players drive US market
                                     TABLE 61 US: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                                     TABLE 62 US: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                                     TABLE 63 US: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                                     TABLE 64 US: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                                     TABLE 65 US: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                                     TABLE 66 US: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
             12.2.3 CANADA
                        12.2.3.1 Rise in consumer electronics and aerospace modernization programs to drive market growth
                                     TABLE 67 CANADA: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                                     TABLE 68 CANADA: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                                     TABLE 69 CANADA: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                                     TABLE 70 CANADA: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                                     TABLE 71 CANADA: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                                     TABLE 72 CANADA: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
     12.3 EUROPE
             FIGURE 31 EUROPE INERTIAL MEASUREMENT UNIT MARKET SNAPSHOT
             12.3.1 PESTLE ANALYSIS: EUROPE
                        TABLE 73 EUROPE: INERTIAL MEASUREMENT UNIT MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
                        TABLE 74 EUROPE: INERTIAL MEASUREMENT UNIT MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 75 EUROPE: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                        TABLE 76 EUROPE: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                        TABLE 77 EUROPE: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                        TABLE 78 EUROPE: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                        TABLE 79 EUROPE: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                        TABLE 80 EUROPE: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
             12.3.2 GERMANY
                        12.3.2.1 Investments in megatrends to drive market growth
                                     TABLE 81 GERMANY: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                                     TABLE 82 GERMANY: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                                     TABLE 83 GERMANY: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                                     TABLE 84 GERMANY: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                                     TABLE 85 GERMANY: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                                     TABLE 86 GERMANY: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
             12.3.3 UK
                        12.3.3.1 Technological advancements in aerospace, smartphone, and industrial markets to drive growth of IMU market
                                     TABLE 87 UK: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                                     TABLE 88 UK: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                                     TABLE 89 UK: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                                     TABLE 90 UK: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                                     TABLE 91 UK: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                                     TABLE 92 UK: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
             12.3.4 FRANCE
                        12.3.4.1 Heavy investments in aerospace to drive market
                                     TABLE 93 FRANCE: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                                     TABLE 94 FRANCE: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                                     TABLE 95 FRANCE: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                                     TABLE 96 FRANCE: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                                     TABLE 97 FRANCE: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                                     TABLE 98 FRANCE: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
             12.3.5 ITALY
                        12.3.5.1 High demand for civil and corporate helicopters to drive market
                                     TABLE 99 ITALY: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                                     TABLE 100 ITALY: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                                     TABLE 101 ITALY: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                                     TABLE 102 ITALY: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                                     TABLE 103 ITALY: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                                     TABLE 104 ITALY: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
             12.3.6 RUSSIA
                        12.3.6.1 Increase in military budget to manufacture advanced aircraft to drive market
                                     TABLE 105 RUSSIA: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                                     TABLE 106 RUSSIA: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                                     TABLE 107 RUSSIA: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                                     TABLE 108 RUSSIA: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                                     TABLE 109 RUSSIA: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                                     TABLE 110 RUSSIA: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
             12.3.7 REST OF EUROPE
                        12.3.7.1 Increasing initiatives to strengthen aviation sector and passenger experience to drive market growth
                                     TABLE 111 REST OF EUROPE: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                                     TABLE 112 REST OF EUROPE: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                                     TABLE 113 REST OF EUROPE: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                                     TABLE 114 REST OF EUROPE: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                                     TABLE 115 REST OF EUROPE: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                                     TABLE 116 REST OF EUROPE: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
     12.4 ASIA PACIFIC (APAC)
             FIGURE 32 ASIA PACIFIC INERTIAL MEASUREMENT UNIT MARKET SNAPSHOT
             12.4.1 PESTLE ANALYSIS: ASIA PACIFIC
                        TABLE 117 ASIA PACIFIC: INERTIAL MEASUREMENT UNIT MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
                        TABLE 118 ASIA PACIFIC: INERTIAL MEASUREMENT UNIT MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 119 ASIA PACIFIC: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                        TABLE 120 ASIA PACIFIC: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                        TABLE 121 ASIA PACIFIC: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                        TABLE 122 ASIA PACIFIC: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                        TABLE 123 ASIA PACIFIC: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                        TABLE 124 ASIA PACIFIC: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
             12.4.2 CHINA
                        12.4.2.1 Growth in manufacturing of consumer electronics to drive market
                                     TABLE 125 CHINA: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                                     TABLE 126 CHINA: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                                     TABLE 127 CHINA: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                                     TABLE 128 CHINA: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                                     TABLE 129 CHINA: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                                     TABLE 130 CHINA: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
             12.4.3 JAPAN
                        12.4.3.1 Increased technological advancements to drive market growth
                                     TABLE 131 JAPAN: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                                     TABLE 132 JAPAN: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                                     TABLE 133 JAPAN: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                                     TABLE 134 JAPAN: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                                     TABLE 135 JAPAN: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                                     TABLE 136 JAPAN: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
             12.4.4 INDIA
                        12.4.4.1 Five-year modernization plan for armed forces to drive market
                                     TABLE 137 INDIA: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                                     TABLE 138 INDIA: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                                     TABLE 139 INDIA: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                                     TABLE 140 INDIA: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                                     TABLE 141 INDIA: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                                     TABLE 142 INDIA: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
             12.4.5 SOUTH KOREA
                        12.4.5.1 Growth in automobile manufacturing and advancements in UAM ecosystem to drive market growth
                                     TABLE 143 SOUTH KOREA: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                                     TABLE 144 SOUTH KOREA: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                                     TABLE 145 SOUTH KOREA: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                                     TABLE 146 SOUTH KOREA: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                                     TABLE 147 SOUTH KOREA: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                                     TABLE 148 SOUTH KOREA: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
             12.4.6 REST OF APAC
                        12.4.6.1 Replacing aging aircraft fleet and establishment of AAM ecosystem to drive market
                                     TABLE 149 REST OF APAC: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                                     TABLE 150 REST OF APAC: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                                     TABLE 151 REST OF APAC: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                                     TABLE 152 REST OF APAC: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                                     TABLE 153 REST OF APAC: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                                     TABLE 154 REST OF APAC: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
     12.5 REST OF THE WORLD (ROW)
             TABLE 155 REST OF THE WORLD: INERTIAL MEASUREMENT UNIT MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
             TABLE 156 REST OF THE WORLD: INERTIAL MEASUREMENT UNIT MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
             TABLE 157 REST OF THE WORLD: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
             TABLE 158 REST OF THE WORLD: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
             TABLE 159 REST OF THE WORLD: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
             TABLE 160 REST OF THE WORLD: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
             TABLE 161 REST OF THE WORLD: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
             TABLE 162 REST OF THE WORLD: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
             12.5.1 BRAZIL
                        12.5.1.1 Increasing adoption and developments in establishing AAM ecosystem to drive market growth
                                     TABLE 163 BRAZIL: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                                     TABLE 164 BRAZIL: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                                     TABLE 165 BRAZIL: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                                     TABLE 166 BRAZIL: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                                     TABLE 167 BRAZIL: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                                     TABLE 168 BRAZIL: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)
             12.5.2 ISRAEL
                        12.5.2.1 Increasing government spending to drive market growth
                                     TABLE 169 ISRAEL: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2017–2020 (USD MILLION)
                                     TABLE 170 ISRAEL: INERTIAL MEASUREMENT UNIT MARKET, BY END USER, 2021–2026 (USD MILLION)
                                     TABLE 171 ISRAEL: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2017–2020 (USD MILLION)
                                     TABLE 172 ISRAEL: INERTIAL MEASUREMENT UNIT MARKET, BY PLATFORM, 2021–2026 (USD MILLION)
                                     TABLE 173 ISRAEL: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2017–2020 (USD MILLION)
                                     TABLE 174 ISRAEL: INERTIAL MEASUREMENT UNIT MARKET, BY GRADE, 2021–2026 (USD MILLION)

13 COMPETITIVE LANDSCAPE (Page No. - 175)
     13.1 INTRODUCTION
     13.2 MARKET SHARE ANALYSIS, 2020
             TABLE 175 DEGREE OF COMPETITION
             FIGURE 33 MARKET SHARE OF TOP PLAYERS IN INERTIAL MEASUREMENT UNIT MARKET, 2020 (%)
             FIGURE 34 REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS, 2020
     13.3 COMPANY EVALUATION QUADRANT
             13.3.1 STAR
             13.3.2 EMERGING LEADER
             13.3.3 PERVASIVE
             13.3.4 PARTICIPANT
                        FIGURE 35 INERTIAL MEASUREMENT UNIT MARKET COMPETITIVE LEADERSHIP MAPPING, 2020
     13.4 STARTUP EVALUATION QUADRANT
             13.4.1 PROGRESSIVE COMPANIES
             13.4.2 RESPONSIVE COMPANIES
             13.4.3 DYNAMIC COMPANIES
             13.4.4 STARTING BLOCKS
                        FIGURE 36 INERTIAL MEASUREMENT UNIT MARKET STARTUPS/SME COMPETITIVE LEADERSHIP MAPPING, 2020
                        TABLE 176 COMPANY PRODUCT FOOTPRINT
                        TABLE 177 COMPANY FOOTPRINT, BY GRADE
                        TABLE 178 COMPANY FOOTPRINT, BY END USER
                        TABLE 179 COMPANY REGION FOOTPRINT
     13.5 COMPETITIVE SCENARIO
             13.5.1 DEALS
                        TABLE 180 DEALS, 2017–2021
             13.5.2 PRODUCT LAUNCHES
                        TABLE 181 PRODUCT LAUNCHES, 2017–2021

14 COMPANY PROFILES (Page No. - 198)
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
     14.1 KEY PLAYERS
             14.1.1 GENERAL ELECTRIC
                        TABLE 182 GENERAL ELECTRIC: BUSINESS OVERVIEW
                        FIGURE 37 GENERAL ELECTRIC: COMPANY SNAPSHOT
                        TABLE 183 GENERAL ELECTRIC PRODUCTS/SOLUTIONS/SERVICES OFFERED
             14.1.2 HONEYWELL INTERNATIONAL INC.
                        TABLE 184 HONEYWELL INTERNATIONAL INC.: BUSINESS OVERVIEW
                        FIGURE 38 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
                        TABLE 185 HONEYWELL INTERNATIONAL INC. PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 186 HONEYWELL INTERNATIONAL INC.: NEW PRODUCT DEVELOPMENTS
                        TABLE 187 HONEYWELL INTERNATIONAL INC.: DEALS
             14.1.3 BOSCH
                        TABLE 188 BOSCH: BUSINESS OVERVIEW
                        FIGURE 39 BOSCH: COMPANY SNAPSHOT
                        TABLE 189 BOSCH PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 190 BOSCH: NEW PRODUCT DEVELOPMENTS
             14.1.4 SAFRAN
                        TABLE 191 SAFRAN: BUSINESS OVERVIEW
                        FIGURE 40 SAFRAN: COMPANY SNAPSHOT
                        TABLE 192 SAFRAN PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 193 SAFRAN: NEW PRODUCT DEVELOPMENTS
                        TABLE 194 SAFRAN: DEALS
             14.1.5 NORTHROP GRUMMAN CORPORATION
                        TABLE 195 NORTHROP GRUMMAN CORPORATION: BUSINESS OVERVIEW
                        FIGURE 41 NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT
                        TABLE 196 NORTHROP GRUMMAN CORPORATION PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 197 NORTHROP GRUMMAN CORPORATION: DEALS
             14.1.6 GLADIATOR TECHNOLOGIES
                        TABLE 198 GLADIATOR TECHNOLOGIES: BUSINESS OVERVIEW
                        TABLE 199 GLADIATOR TECHNOLOGIES PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 200 GLADIATOR TECHNOLOGIES: NEW PRODUCT DEVELOPMENTS
             14.1.7 PARKER-LORD MICROSTRAIN SENSING
                        TABLE 201 PARKER-LORD MICROSTRAIN SENSING: BUSINESS OVERVIEW
                        TABLE 202 PARKER-LORD MICROSTRAIN SENSING PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 203 PARKER-LORD MICROSTRAIN SENSING: NEW PRODUCT DEVELOPMENTS
                        TABLE 204 PARKER-LORD MICROSTRAIN SENSING: DEALS
             14.1.8 THALES GROUP
                        TABLE 205 THALES GROUP: BUSINESS OVERVIEW
                        FIGURE 42 THALES GROUP: COMPANY SNAPSHOT
                        TABLE 206 THALES GROUP PRODUCTS/SOLUTIONS/SERVICES OFFERED
             14.1.9 STMICROELECTRONICS N.V.
                        TABLE 207 STMICROELECTRONICS N.V.: BUSINESS OVERVIEW
                        FIGURE 43 STMICROELECTRONICS N.V.: COMPANY SNAPSHOT
                        TABLE 208 STMICROELECTRONICS N.V. PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 209 STMICROELECTRONICS N.V.: NEW PRODUCT DEVELOPMENTS
             14.1.10 TELEDYNE TECHNOLOGIES INTERNATIONAL CORP.
                        TABLE 210 TELEDYNE TECHNOLOGIES INTERNATIONAL CORP.: BUSINESS OVERVIEW
                        FIGURE 44 TELEDYNE TECHNOLOGIES INTERNATIONAL CORP.: COMPANY SNAPSHOT
                        TABLE 211 TELEDYNE TECHNOLOGIES INTERNATIONAL CORP. PRODUCTS/SOLUTIONS/SERVICES OFFERED
             14.1.11 TDK CORPORATION
                        TABLE 212 TDK CORPORATION: BUSINESS OVERVIEW
                        FIGURE 45 TDK CORPORATION: COMPANY SNAPSHOT
                        TABLE 213 TDK CORPORATION PRODUCTS/SOLUTIONS/SERVICES OFFERED
             14.1.12 VECTORNAV TECHNOLOGIES
                        TABLE 214 VECTORNAV TECHNOLOGIES: BUSINESS OVERVIEW
                        TABLE 215 VECTORNAV TECHNOLOGIES PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 216 VECTORNAV TECHNOLOGIES: NEW PRODUCT DEVELOPMENTS
                        TABLE 217 VECTORNAV TECHNOLOGIES: DEALS
             14.1.13 KVH INDUSTRIES, INC.
                        TABLE 218 KVH INDUSTRIES, INC.: BUSINESS OVERVIEW
                        FIGURE 46 KVH INDUSTRIES, INC.: COMPANY SNAPSHOT
                        TABLE 219 KVH INDUSTRIES, INC. PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 220 KVH INDUSTRIES, INC.: NEW PRODUCT DEVELOPMENTS
                        TABLE 221 KVH INDUSTRIES, INC.: DEALS
             14.1.14 ANALOG DEVICES, INC.
                        TABLE 222 ANALOG DEVICES, INC.: BUSINESS OVERVIEW
                        FIGURE 47 ANALOG DEVICES, INC.: COMPANY SNAPSHOT
                        TABLE 223 ANALOG DEVICES, INC. PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 224 ANALOG DEVICES, INC.: NEW PRODUCT DEVELOPMENTS
                        TABLE 225 ANALOG DEVICES, INC.: DEALS
             14.1.15 XSENS TECHNOLOGIES B.V.
                        TABLE 226 XSENS TECHNOLOGIES B.V.: BUSINESS OVERVIEW
                        TABLE 227 XSENS TECHNOLOGIES B.V. PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 228 XSENS TECHNOLOGIES B.V.: NEW PRODUCT DEVELOPMENTS
                        TABLE 229 XSENS TECHNOLOGIES B.V.: DEALS
     14.2 OTHER PLAYERS
             14.2.1 WUXI BEWIS SENSING TECHNOLOGY LLC (BEWIS SENSING)
             14.2.2 ACEINNA, INC.
             14.2.3 M5STACK
             14.2.4 TINKERFORGE GMBH
             14.2.5 ADVANCED NAVIGATION
             14.2.6 ASC GMBH
             14.2.7 SBG SYSTEMS S.A.S.
             14.2.8 INERTIAL LABS
             14.2.9 IMAR NAVIGATION GMBH
             14.2.10 VBOX AUTOMOTIVE

*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.

15 APPENDIX (Page No. - 250)
     15.1 DISCUSSION GUIDE
     15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     15.3 AVAILABLE CUSTOMIZATION
     15.4 RELATED REPORTS
     15.5 AUTHOR DETAILS

The research study involved the extensive use of secondary sources, directories, and databases such as D&B Hoovers, Bloomberg, and Factiva to identify and collect information relevant to the inertial measurement unit market. Primary sources include industry experts from the inertial measurement unit market as well as suppliers, manufacturers, solution providers, technology developers, alliances, and organizations related to all segments of the value chain of this market. In-depth interviews with various primary respondents, including key industry participants, subject matter experts (SMEs), industry consultants, and C-level executives, were conducted to obtain and verify critical qualitative and quantitative information pertaining to the inertial measurement unit market as well as to assess the growth prospects of the market.

Secondary Research

In the secondary research process, various sources were referred to for identifying and collecting information for this study. The secondary sources included government sources, such as the International Air Transport Association (IATA); the Federal Aviation Administration (FAA); the General Aviation Manufacturers Association (GAMA); corporate filings such as annual reports, press releases, and investor presentations of companies; white papers, journals, and certified publications; and articles from recognized authors, directories, and databases.

Primary Research

In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors, from business development, marketing, product development/innovation teams, and related key executives from inertial measurement unit manufacturers; system integrators; component providers; distributors; and key opinion leaders.

Primary interviews were conducted to gather insights such as market statistics, data of revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to technology, product, end user, and region. Stakeholders from the demand side, such as CIOs, CTOs, and CSOs, and installation teams of the customer/end users who are using inertial measurement unit were interviewed to understand the buyer’s perspective on the suppliers, products, component providers, and their current usage of inertial measurement unit and future outlook of their business which will affect the overall market.

The breakup of Primary Research:

Inertial Measurement Unit Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the inertial measurement unit market. These methods were also used extensively to estimate the size of various segments and subsegments of the market. The research methodology used to estimate the market size included the following:

  • Key players in the industry and market were identified through extensive secondary research of their product matrix and geographical presence and developments undertaken by them.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Inertial Measurement Unit Market Size: Bottom-Up Approach

Inertial Measurement Unit Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Data Triangulation

After arriving at the overall size of the inertial measurement unit market from the estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures explained below were implemented, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for various market segments and subsegments. The data was triangulated by studying various factors and trends. Along with this, the market size was validated using the top-down and bottom-up approaches.

Report Objectives

  • To define, describe, segment, and forecast the inertial measurement unit market based on component, technology, grade, platform and end user.
  • To forecast the size of various segments of the inertial measurement unit market based on five regions—North America, Europe, Asia Pacific, and Rest of the World―along with major countries in each region.
  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the market
  • To analyze technological advancements and product launches in the market
  • To analyze micromarkets with respect to their growth trends, prospects, and contribution to the overall market
  • To provide a detailed competitive landscape of the market, along with market share analysis of key players
  • To strategically profile key players and comprehensively analyze their market position in terms of shares and core competencies

Available Customizations

MarketsandMarkets offers the following customizations for this market report:

  • Additional country-level analysis of the inertial measurement unit market
  • Profiling of additional market players (up to 5)

Product Analysis

  • Product matrix, which provides a detailed comparison of the product portfolio of each company in inertial measurement unit market
Report Code
AS 3306
Published ON
Feb, 2022
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