PUBLISHER: TechNavio | PRODUCT CODE: 1762878
PUBLISHER: TechNavio | PRODUCT CODE: 1762878
The inertial measurement unit (IMU) market is forecasted to grow by USD 30,564.9 mn during 2024-2029, accelerating at a CAGR of 17.2% during the forecast period. The report on the inertial measurement unit (IMU) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by declining asp of mems sensors, rising demand for wearable lifestyle devices, and advances in imu manufacturing technologies.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 14.9% |
CAGR | 17.2% |
Incremental Value | $30,564.9 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's inertial measurement unit (IMU) market is segmented as below:
By Component
By End-user
By Application
By Geographical Landscape
This study identifies the increasing investments in autonomous cars as one of the prime reasons driving the inertial measurement unit (IMU) market growth during the next few years. Also, rising adoption of uavs for military and defense applications and development of sensor fusion will lead to sizable demand in the market.
The report on the inertial measurement unit (IMU) market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading inertial measurement unit (IMU) market vendors that include ACEINNA Inc., Adafruit Industries LLC, Analog Devices Inc., ASC GmbH, Gladiator Technologies Inc., Honeywell International Inc., Hottinger Bruel and Kjaer GmbH, KVH Industries Inc., L3Harris Technologies Inc., M5Stack Technology Co. Ltd., MEMSIC Semiconductor Co. Ltd., Murata Manufacturing Co. Ltd., Northrop Grumman Corp., Robert Bosch GmbH, Safran SA, STMicroelectronics NV, TDK Corp., Texas Instruments Inc., Thales Group, and Trimble Inc.. Also, the inertial measurement unit (IMU) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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