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Global Inertial Measurement Unit (IMU) Market Size, Share: By Component: Accelerometers, Gyroscopes, Magnetometers, Others; By Technology: Mechanical Gyro, Ring Laser Gyro, Others; By Grade; By Platform; By End Use; Regional Analysis; Competitive Landscape: Industry Events and Developments; 2024-2032
Global Inertial Measurement Unit (IMU) Market Size
The global Inertial Measurement Unit (IMU) market attained a value of about USD 3.52 billion in 2023. The market is further expected to grow at a CAGR of 6.3% between 2024-2032, to reach value of around USD 5.06 billion by 2032.
Global Market Likely to be Driven by Need for High-performance Navigation
An Inertial Measurement Unit (IMU) comprises of a self-contained system offering unprocessed, sensor data that is calibrated with respect to angular and linear motion. The system generally carries out this function with the help of gyroscopes and accelerometers. An Inertial Measurement Unit (IMU) could be gimballed or strapdown, outputting the integrated quantities the acceleration and angular velocity within the body frame or sensor. The sensors are generally known as rate-integrating gyroscopes and are also called accelerometers.
Inertial Measurement Units (IMUs) are commonly employed as building blocks in more intricate systems. Inertial Measurement Units (IMUs) are available in different quality-level ranges. Applications of Inertial Measurement Units (IMUs) range from agriculture to aerospace. Such wide range of applications is expected to drive the global Inertial Measurement Units (IMUs) market. Inertial Measurement Units (IMUs) are good alternatives when data is required for aspects such as 3D acceleration or data for the 3D rate of turn or the 3D magnetic field.
Inertial Measurement Unit (IMU) Market Report Snapshots
Inertial Measurement Unit (IMU) Market Size
Inertial Measurement Unit (IMU) Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Inertial Measurement Unit (IMU) Market Analysis
8.1 Key Industry Highlights
8.2 Global Inertial Measurement Unit (IMU) Historical Market (2018-2023)
8.3 Global Inertial Measurement Unit (IMU) Market Forecast (2024-2032)
8.4 Global Inertial Measurement Unit (IMU) Market by Component
8.4.1 Accelerometers
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Gyroscopes
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Magnetometers
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Inertial Measurement Unit (IMU) Market by Technology
8.5.1 Mechanical Gyro
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Ring Laser Gyro
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Fibre Optic Gyro
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 MEMs
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Inertial Measurement Unit (IMU) Market by Grade
8.6.1 Marine Grade
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Navigation Grade
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Tactical Grade
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Space Grade
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Commercial Grade
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.7 Global Inertial Measurement Unit (IMU) Market by Platform
8.7.1 Airborne
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Ground
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Maritime
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Space
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.8 Global Inertial Measurement Unit (IMU) Market by End Use
8.8.1 Aerospace and Defence
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Consumer Electronics
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Automotive
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Marine/Naval
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Others
8.9 Global Inertial Measurement Unit (IMU) Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
9 North America Inertial Measurement Unit (IMU) Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Inertial Measurement Unit (IMU) Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Inertial Measurement Unit (IMU) Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
15.2 Japan
15.2.1 Historical Trend (2018-2023)
15.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Inertial Measurement Unit (IMU) Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Inertial Measurement Unit (IMU) Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Analog Devices, Inc
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Gladiator Technologies
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Honeywell International Inc
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Safran Sensing Technologies Norway AS
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Thales Group
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Trimble, Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Figures and Tables
1. Global Inertial Measurement Unit (IMU) Market: Key Industry Highlights, 2018 and 2032
2. Global Inertial Measurement Unit (IMU) Historical Market: Breakup by Component (USD Million), 2018-2023
3. Global Inertial Measurement Unit (IMU) Market Forecast: Breakup by Component (USD Million), 2024-2032
4. Global Inertial Measurement Unit (IMU) Historical Market: Breakup by Technology (USD Million), 2018-2023
5. Global Inertial Measurement Unit (IMU) Market Forecast: Breakup by Technology (USD Million), 2024-2032
6. Global Inertial Measurement Unit (IMU) Historical Market: Breakup by Grade (USD Million), 2018-2023
7. Global Inertial Measurement Unit (IMU) Market Forecast: Breakup by Grade (USD Million), 2024-2032
8. Global Inertial Measurement Unit (IMU) Historical Market: Breakup by Platform (USD Million), 2018-2023
9. Global Inertial Measurement Unit (IMU) Market Forecast: Breakup by Platform (USD Million), 2024-2032
10. Global Inertial Measurement Unit (IMU) Historical Market: Breakup by End User (USD Million), 2018-2023
11. Global Inertial Measurement Unit (IMU) Market Forecast: Breakup by End User (USD Million), 2024-2032
12. Global Inertial Measurement Unit (IMU) Historical Market: Breakup by Region (USD Million), 2018-2023
13. Global Inertial Measurement Unit (IMU) Market Forecast: Breakup by Region (USD Million), 2024-2032
14. North America Inertial Measurement Unit (IMU) Historical Market: Breakup by Country (USD Million), 2018-2023
15. North America Inertial Measurement Unit (IMU) Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Europe Inertial Measurement Unit (IMU) Historical Market: Breakup by Country (USD Million), 2018-2023
17. Europe Inertial Measurement Unit (IMU) Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Asia Pacific Inertial Measurement Unit (IMU) Historical Market: Breakup by Country (USD Million), 2018-2023
19. Asia Pacific Inertial Measurement Unit (IMU) Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Latin America Inertial Measurement Unit (IMU) Historical Market: Breakup by Country (USD Million), 2018-2023
21. Latin America Inertial Measurement Unit (IMU) Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Middle East and Africa Inertial Measurement Unit (IMU) Historical Market: Breakup by Country (USD Million), 2018-2023
23. Middle East and Africa Inertial Measurement Unit (IMU) Market Forecast: Breakup by Country (USD Million), 2024-2032
24. Global Inertial Measurement Unit (IMU) Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 6.3% between 2024 and 2032.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The Asia Pacific is expected to account for a significant share of the global market due to the rising investments towards product launches and increasing per capita income in the region.
The major drivers of the market include the growing demand for GPS technology, rising application of the product in sport training equipment, and rising demand for the product in unmanned aerial vehicles.
The technological advancements in aerospace and defence sector and emergence of virtual reality in gaming platforms are some of the key trends in the market.
Accelerometers, gyroscopes, and magnetometres are the different segments based on component.
Mechanical gyro, ring laser gyro, fibre optic gyro, and MEMs, among others are the different technologies based on which the market has been segmented.
Marine grade, navigation grade, tactical grade, space grade, and commercial grade are the market segments based on grade.
Airborne, ground, maritime, and space are the different platforms based on which the market has been divided.
Aerospace and defence, consumer electronics, automotive, and marine/naval, among others, are the major end-uses included in the market report.
The major players in the industry are Analog Devices, Inc, Gladiator Technologies, Honeywell International Inc, Safran Sensing Technologies Norway AS, Thales Group, and Trimble, Inc., among others.
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