Global Inertial Measurement Unit (IMU) Market to Grow at a CAGR of 6.3% During the Period 2024-2032, Driven by Wide Range of Applications

The global Inertial Measurement Unit (IMU) market is expected to be driven by uses in various applications, including navigational tools or as constituents of navigational gear, including unmanned and manned aircraft; GPS positioning systems; motion detection; sports training applications; and others. Asia, Europe and North America are likely to be key markets.    

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. Inertial Measurement Units (IMUs) are good alternatives when data required are related to aspects like 3D acceleration, rate of turn and magnetic field. 

Leading companies are engaged in developing newer, more sophisticated solutions. For example, in 2022, Inertial Labs released Kernel-110,120, 210, 220 - Measurement Units (IMUs) that  gauged linear acceleration and angular rates.  

In 2022, it was reported that STMicroelectronics, in an announcement, observed that its new ISM330IS always-on 6-axis Inertial Measurement Unit (IMU) included an intelligent sensor processing unit (ISPU) that enabled artificial intelligence (AI) training within the sensor. According to the company, the 6-axis IMU incorporated pattern recognition and anomaly detection in smart sensors.

Significant players in the domain include Analog Devices, Inc., Gladiator Technologies, Honeywell International Inc., Safran Sensing Technologies Norway AS, Thales Group, Trimble, Inc., and others.

Key Findings of the Report:

• The global Inertial Measurement Unit (IMU) market is expected to be driven by a variety of applications. 

• Innovative solutions are anticipated to boost market growth.

• Europe, Asia and North America are projected to be key markets.    

Market Analysis by Component, Technology, Grade, Platform, End Use and Region: 

• On the basis of component, the market is divided into Gyroscopes, Accelerometers, Magnetometers, and Others.

• On the basis of technology, the market is divided into Mechanical Gyro, Fibre Optic Gyro, MEMs, Ring Laser Gyro, and Others.

• By grade, the market is segmented into Navigation Grade, Marine Grade, Tactical Grade, Space Grade, and Commercial Grade.  

• By platform, the market is divided into Airborne, Ground, Maritime, and Space.

• By end use, the market is segmented into Aerospace and Defence, Consumer Electronics, Automotive, Marine/Naval, and Others.

• On the basis of region, the market is classified into Europe, North America, Latin America, Asia Pacific, and Middle East and Africa.

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