According to the latest report by GMI Research, Inertial Measurement Unit Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2027. The Global Inertial Measurement Unit Market analyze the impact of the COVID-19 pandemic and represents that the market is projected to accelerate in 2021, growing at a higher growth rate, after experiencing a slump in 2020. Inertial Measurement Unit (IMU) is a collection of measurement tools used to measure and calculate the device’s movement. It consists of various sensors such as accelerometers, gyroscopes, and magnetometers, which are used to measure the device’s specific force, angular rate, speed, acceleration, and the orientation of the device. Inertial Measurement Unit (IMU) is used in aircraft, unmanned aerial vehicles, spacecrafts, and marines.

Competitive Landscape: The global Inertial Measurement Unit Market report also scans the competitive landscape and profiles the major players operating in the market, including Lord Microstrain Gladiator Technologies, Safran Electronics & Defense, General Electric, Northrop Grumman Corporation, Robert Bosch GmbH, Teledyne Technologies, Thales Group, Stmicroelectronics, Trimble Navigation, Honeywell International Inc., and Vectornav Technologies.

Request for a free sample report copy: https://www.gmiresearch.com/report/inertial-measurement-unit-market/sample-request

The major factors contributing to the growth of the Global Inertial Measurement Unit include the accelerating production of smartphones, strong demand for aircraft, increasing emphasis on improving accuracy in navigation, growing availability of miniaturized components at less prices, and the expanding demand for missiles due to geopolitical instabilities and changing nature of warfare. In parallel, the continuous technological advancements in MEMS-based Inertial Measurement Unit and its ability to enhance performance when integrated with other systems will attract many end-users to the Inertial Measurement Unit (IMU) Market.

The accelerated adoption of Augmented Reality (AR) and Virtual Reality (VR) across industries such as defense, followed by the development of commercial driverless vehicles, will further energize the growth of the Inertial Measurement Unit Market. On the basis of Technology, the MEMS segment is anticipated to dominate the market. This is attributed to the continuous technological advancement in MEMS, which in turn, has increased applicability in unmanned applications and small aircraft. All these factors will further complement the growth of the Inertial Measurement Unit (IMU) Market.

For further information on these analyses, please visit: https://www.gmiresearch.com/report/inertial-measurement-unit-market/

Market Segments:

Breakup by Component:

Accelerometers
Gyroscopes
Magnetometers
Breakup by Technology:

Mechanical Gyro
Ring Laser Gyro
Fiber Optics Gyro
MEMS
Others
Breakup by Grade:

Mechanical Gyro
Ring Laser Gyro
Fiber Optics Gyro
MEMS
Others
Breakup by Application:

Aircraft
o Civil Aircraft

General Aviation
Commercial Passenger/Cargo Aircraft
Civil Helicopters
o Military Aircraft

Fighter
Military Helicopters
Transport Carriers
Missiles
Space Launch Vehicles
Marine
o Merchant Ships

o Naval Ships

Military Armored Vehicles
Unmanned Aerial Vehicles (UAVs)
o Consumer Unmanned Aerial Vehicles

o Enterprise Unmanned Aerial Vehicles

o Tactical Unmanned Aerial Vehicles

Unmanned Ground Vehicles (UGVs)
o Commercial Unmanned Ground Vehicles

o Military Unmanned Ground Vehicles

Unmanned Marine Vehicles (UMVs)
o Remotely Operated Vehicles (ROVS)

o Autonomous Underwater Vehicles (AUVS)

o Unmanned Surface Vehicles (USVS)

Consumer Electronics
Automotive
Survey Equipment
Breakup by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.