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High-Performance Inertial Measurement Unit-Global Market Insights and Sales Trends 2024

High-Performance Inertial Measurement Unit-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1828442

No of Pages : 103

Synopsis
A High-Performance Inertial Measurement Unit is a self-contained system that measures linear acceleration and angular motion/rotational rate using a combination of (typically) three gyroscopes and three accelerometers. IMUs are used as components of navigation and guidance systems to track the position, velocity, and orientation of a vehicle throughout a particular mission.
The global High-Performance Inertial Measurement Unit market size is expected to reach US$ 3109.2 million by 2029, growing at a CAGR of 5.2% from 2023 to 2029. The market is mainly driven by the significant applications of High-Performance Inertial Measurement Unit in various end use industries. The expanding demands from the Defense, Aerospace and Others,, are propelling High-Performance Inertial Measurement Unit market. Mechanical Gyro, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Ring Laser Gyro segment is estimated at % CAGR for the next seven-year period.
The market for high-performance IMUs has witnessed significant growth in recent years due to advancements in sensor technologies, increased demand for accurate motion sensing, and expanding applications in industries such as aerospace, defense, robotics, and autonomous vehicles. The market is expected to continue growing as these industries further adopt IMU technology.

Competitive Landscape: The high-performance IMU market is competitive, with several established companies and emerging players offering IMU solutions. Some of the key players in the market include Honeywell International Inc., Northrop Grumman Corporation, Thales Group and among others. These companies compete based on factors such as product performance, reliability, pricing, and customer support. Top 5 players occuppied over 50% global market share.

Improved Accuracy and Performance: As technology advances, there is a continuous drive to improve the accuracy and performance of high-performance IMUs. Manufacturers are investing in research and development to develop new sensor technologies, calibration techniques, and signal processing algorithms that can provide even higher accuracy, lower noise, and reduced drift in IMU measurements.

Miniaturization and Size Reduction: Miniaturization of high-performance IMUs continues to be a trend, driven by the demand for smaller and lighter systems in various applications. Reduced size and weight allow for easier integration into devices with size constraints, such as wearables, handheld devices, and small autonomous systems.

Enhanced Reliability and Durability: High-performance IMUs are often used in mission-critical applications, where reliability and durability are essential. Manufacturers are focusing on designing IMUs that can withstand harsh environments, temperature variations, and high vibration levels without compromising performance or accuracy.

Cost Reduction and Affordability: While high-performance IMUs have traditionally been associated with premium applications, there is a trend towards cost reduction and increased affordability. As the market matures and competition increases, manufacturers are striving to make high-performance IMUs more accessible to a wider range of industries and applications.

Increasing Industry Collaboration: Collaboration between IMU manufacturers, system integrators, and end-users is becoming more prevalent. Partnerships and collaborations allow for the development of tailored solutions, customization, and integration of IMUs into specific applications, ensuring optimal performance and functionality.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for High-Performance Inertial Measurement Unit, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global High-Performance Inertial Measurement Unit market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global High-Performance Inertial Measurement Unit market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, High-Performance Inertial Measurement Unit sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of High-Performance Inertial Measurement Unit covered in this report include Honeywell International, Northrop Grumman Corp, SAFRAN, Thales, Kearfott, KVH Industries, UTC, Systron Donner Inertial and IAI Tamam, etc.
The global High-Performance Inertial Measurement Unit market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Honeywell International
Northrop Grumman Corp
SAFRAN
Thales
Kearfott
KVH Industries
UTC
Systron Donner Inertial
IAI Tamam
L3 Technologies
VectorNav
SBG systems
Norinco Group
Navgnss
Global High-Performance Inertial Measurement Unit market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global High-Performance Inertial Measurement Unit market, Segment by Type:
Mechanical Gyro
Ring Laser Gyro
Fiber Optics Gyro
MEMS
Others
Global High-Performance Inertial Measurement Unit market, by Application
Defense
Aerospace
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of High-Performance Inertial Measurement Unit manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of High-Performance Inertial Measurement Unit in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 High-Performance Inertial Measurement Unit Market Overview
1.1 High-Performance Inertial Measurement Unit Product Overview
1.2 High-Performance Inertial Measurement Unit Market Segment by Type
1.2.1 Mechanical Gyro
1.2.2 Ring Laser Gyro
1.2.3 Fiber Optics Gyro
1.2.4 MEMS
1.2.5 Others
1.3 Global High-Performance Inertial Measurement Unit Market Size by Type
1.3.1 Global High-Performance Inertial Measurement Unit Market Size Overview by Type (2018-2029)
1.3.2 Global High-Performance Inertial Measurement Unit Historic Market Size Review by Type (2018-2023)
1.3.3 Global High-Performance Inertial Measurement Unit Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America High-Performance Inertial Measurement Unit Sales Breakdown by Type (2018-2023)
1.4.2 Europe High-Performance Inertial Measurement Unit Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific High-Performance Inertial Measurement Unit Sales Breakdown by Type (2018-2023)
1.4.4 Latin America High-Performance Inertial Measurement Unit Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa High-Performance Inertial Measurement Unit Sales Breakdown by Type (2018-2023)
2 Global High-Performance Inertial Measurement Unit Market Competition by Company
2.1 Global Top Players by High-Performance Inertial Measurement Unit Sales (2018-2023)
2.2 Global Top Players by High-Performance Inertial Measurement Unit Revenue (2018-2023)
2.3 Global Top Players by High-Performance Inertial Measurement Unit Price (2018-2023)
2.4 Global Top Manufacturers High-Performance Inertial Measurement Unit Manufacturing Base Distribution, Sales Area, Product Type
2.5 High-Performance Inertial Measurement Unit Market Competitive Situation and Trends
2.5.1 High-Performance Inertial Measurement Unit Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by High-Performance Inertial Measurement Unit Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in High-Performance Inertial Measurement Unit as of 2022)
2.7 Date of Key Manufacturers Enter into High-Performance Inertial Measurement Unit Market
2.8 Key Manufacturers High-Performance Inertial Measurement Unit Product Offered
2.9 Mergers & Acquisitions, Expansion
3 High-Performance Inertial Measurement Unit Status and Outlook by Region
3.1 Global High-Performance Inertial Measurement Unit Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global High-Performance Inertial Measurement Unit Historic Market Size by Region
3.2.1 Global High-Performance Inertial Measurement Unit Sales in Volume by Region (2018-2023)
3.2.2 Global High-Performance Inertial Measurement Unit Sales in Value by Region (2018-2023)
3.2.3 Global High-Performance Inertial Measurement Unit Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global High-Performance Inertial Measurement Unit Forecasted Market Size by Region
3.3.1 Global High-Performance Inertial Measurement Unit Sales in Volume by Region (2024-2029)
3.3.2 Global High-Performance Inertial Measurement Unit Sales in Value by Region (2024-2029)
3.3.3 Global High-Performance Inertial Measurement Unit Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global High-Performance Inertial Measurement Unit by Application
4.1 High-Performance Inertial Measurement Unit Market Segment by Application
4.1.1 Defense
4.1.2 Aerospace
4.1.3 Others
4.2 Global High-Performance Inertial Measurement Unit Market Size by Application
4.2.1 Global High-Performance Inertial Measurement Unit Market Size Overview by Application (2018-2029)
4.2.2 Global High-Performance Inertial Measurement Unit Historic Market Size Review by Application (2018-2023)
4.2.3 Global High-Performance Inertial Measurement Unit Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America High-Performance Inertial Measurement Unit Sales Breakdown by Application (2018-2023)
4.3.2 Europe High-Performance Inertial Measurement Unit Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific High-Performance Inertial Measurement Unit Sales Breakdown by Application (2018-2023)
4.3.4 Latin America High-Performance Inertial Measurement Unit Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa High-Performance Inertial Measurement Unit Sales Breakdown by Application (2018-2023)
5 North America High-Performance Inertial Measurement Unit by Country
5.1 North America High-Performance Inertial Measurement Unit Historic Market Size by Country
5.1.1 North America High-Performance Inertial Measurement Unit Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America High-Performance Inertial Measurement Unit Sales in Volume by Country (2018-2023)
5.1.3 North America High-Performance Inertial Measurement Unit Sales in Value by Country (2018-2023)
5.2 North America High-Performance Inertial Measurement Unit Forecasted Market Size by Country
5.2.1 North America High-Performance Inertial Measurement Unit Sales in Volume by Country (2024-2029)
5.2.2 North America High-Performance Inertial Measurement Unit Sales in Value by Country (2024-2029)
6 Europe High-Performance Inertial Measurement Unit by Country
6.1 Europe High-Performance Inertial Measurement Unit Historic Market Size by Country
6.1.1 Europe High-Performance Inertial Measurement Unit Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe High-Performance Inertial Measurement Unit Sales in Volume by Country (2018-2023)
6.1.3 Europe High-Performance Inertial Measurement Unit Sales in Value by Country (2018-2023)
6.2 Europe High-Performance Inertial Measurement Unit Forecasted Market Size by Country
6.2.1 Europe High-Performance Inertial Measurement Unit Sales in Volume by Country (2024-2029)
6.2.2 Europe High-Performance Inertial Measurement Unit Sales in Value by Country (2024-2029)
7 Asia-Pacific High-Performance Inertial Measurement Unit by Region
7.1 Asia-Pacific High-Performance Inertial Measurement Unit Historic Market Size by Region
7.1.1 Asia-Pacific High-Performance Inertial Measurement Unit Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific High-Performance Inertial Measurement Unit Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific High-Performance Inertial Measurement Unit Sales in Value by Region (2018-2023)
7.2 Asia-Pacific High-Performance Inertial Measurement Unit Forecasted Market Size by Region
7.2.1 Asia-Pacific High-Performance Inertial Measurement Unit Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific High-Performance Inertial Measurement Unit Sales in Value by Region (2024-2029)
8 Latin America High-Performance Inertial Measurement Unit by Country
8.1 Latin America High-Performance Inertial Measurement Unit Historic Market Size by Country
8.1.1 Latin America High-Performance Inertial Measurement Unit Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America High-Performance Inertial Measurement Unit Sales in Volume by Country (2018-2023)
8.1.3 Latin America High-Performance Inertial Measurement Unit Sales in Value by Country (2018-2023)
8.2 Latin America High-Performance Inertial Measurement Unit Forecasted Market Size by Country
8.2.1 Latin America High-Performance Inertial Measurement Unit Sales in Volume by Country (2024-2029)
8.2.2 Latin America High-Performance Inertial Measurement Unit Sales in Value by Country (2024-2029)
9 Middle East and Africa High-Performance Inertial Measurement Unit by Country
9.1 Middle East and Africa High-Performance Inertial Measurement Unit Historic Market Size by Country
9.1.1 Middle East and Africa High-Performance Inertial Measurement Unit Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa High-Performance Inertial Measurement Unit Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa High-Performance Inertial Measurement Unit Sales in Value by Country (2018-2023)
9.2 Middle East and Africa High-Performance Inertial Measurement Unit Forecasted Market Size by Country
9.2.1 Middle East and Africa High-Performance Inertial Measurement Unit Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa High-Performance Inertial Measurement Unit Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Honeywell International
10.1.1 Honeywell International Company Information
10.1.2 Honeywell International Introduction and Business Overview
10.1.3 Honeywell International High-Performance Inertial Measurement Unit Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Honeywell International High-Performance Inertial Measurement Unit Products Offered
10.1.5 Honeywell International Recent Development
10.2 Northrop Grumman Corp
10.2.1 Northrop Grumman Corp Company Information
10.2.2 Northrop Grumman Corp Introduction and Business Overview
10.2.3 Northrop Grumman Corp High-Performance Inertial Measurement Unit Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Northrop Grumman Corp High-Performance Inertial Measurement Unit Products Offered
10.2.5 Northrop Grumman Corp Recent Development
10.3 SAFRAN
10.3.1 SAFRAN Company Information
10.3.2 SAFRAN Introduction and Business Overview
10.3.3 SAFRAN High-Performance Inertial Measurement Unit Sales, Revenue and Gross Margin (2018-2023)
10.3.4 SAFRAN High-Performance Inertial Measurement Unit Products Offered
10.3.5 SAFRAN Recent Development
10.4 Thales
10.4.1 Thales Company Information
10.4.2 Thales Introduction and Business Overview
10.4.3 Thales High-Performance Inertial Measurement Unit Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Thales High-Performance Inertial Measurement Unit Products Offered
10.4.5 Thales Recent Development
10.5 Kearfott
10.5.1 Kearfott Company Information
10.5.2 Kearfott Introduction and Business Overview
10.5.3 Kearfott High-Performance Inertial Measurement Unit Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Kearfott High-Performance Inertial Measurement Unit Products Offered
10.5.5 Kearfott Recent Development
10.6 KVH Industries
10.6.1 KVH Industries Company Information
10.6.2 KVH Industries Introduction and Business Overview
10.6.3 KVH Industries High-Performance Inertial Measurement Unit Sales, Revenue and Gross Margin (2018-2023)
10.6.4 KVH Industries High-Performance Inertial Measurement Unit Products Offered
10.6.5 KVH Industries Recent Development
10.7 UTC
10.7.1 UTC Company Information
10.7.2 UTC Introduction and Business Overview
10.7.3 UTC High-Performance Inertial Measurement Unit Sales, Revenue and Gross Margin (2018-2023)
10.7.4 UTC High-Performance Inertial Measurement Unit Products Offered
10.7.5 UTC Recent Development
10.8 Systron Donner Inertial
10.8.1 Systron Donner Inertial Company Information
10.8.2 Systron Donner Inertial Introduction and Business Overview
10.8.3 Systron Donner Inertial High-Performance Inertial Measurement Unit Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Systron Donner Inertial High-Performance Inertial Measurement Unit Products Offered
10.8.5 Systron Donner Inertial Recent Development
10.9 IAI Tamam
10.9.1 IAI Tamam Company Information
10.9.2 IAI Tamam Introduction and Business Overview
10.9.3 IAI Tamam High-Performance Inertial Measurement Unit Sales, Revenue and Gross Margin (2018-2023)
10.9.4 IAI Tamam High-Performance Inertial Measurement Unit Products Offered
10.9.5 IAI Tamam Recent Development
10.10 L3 Technologies
10.10.1 L3 Technologies Company Information
10.10.2 L3 Technologies Introduction and Business Overview
10.10.3 L3 Technologies High-Performance Inertial Measurement Unit Sales, Revenue and Gross Margin (2018-2023)
10.10.4 L3 Technologies High-Performance Inertial Measurement Unit Products Offered
10.10.5 L3 Technologies Recent Development
10.11 VectorNav
10.11.1 VectorNav Company Information
10.11.2 VectorNav Introduction and Business Overview
10.11.3 VectorNav High-Performance Inertial Measurement Unit Sales, Revenue and Gross Margin (2018-2023)
10.11.4 VectorNav High-Performance Inertial Measurement Unit Products Offered
10.11.5 VectorNav Recent Development
10.12 SBG systems
10.12.1 SBG systems Company Information
10.12.2 SBG systems Introduction and Business Overview
10.12.3 SBG systems High-Performance Inertial Measurement Unit Sales, Revenue and Gross Margin (2018-2023)
10.12.4 SBG systems High-Performance Inertial Measurement Unit Products Offered
10.12.5 SBG systems Recent Development
10.13 Norinco Group
10.13.1 Norinco Group Company Information
10.13.2 Norinco Group Introduction and Business Overview
10.13.3 Norinco Group High-Performance Inertial Measurement Unit Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Norinco Group High-Performance Inertial Measurement Unit Products Offered
10.13.5 Norinco Group Recent Development
10.14 Navgnss
10.14.1 Navgnss Company Information
10.14.2 Navgnss Introduction and Business Overview
10.14.3 Navgnss High-Performance Inertial Measurement Unit Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Navgnss High-Performance Inertial Measurement Unit Products Offered
10.14.5 Navgnss Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 High-Performance Inertial Measurement Unit Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 High-Performance Inertial Measurement Unit Industrial Chain Analysis
11.4 High-Performance Inertial Measurement Unit Market Dynamics
11.4.1 High-Performance Inertial Measurement Unit Industry Trends
11.4.2 High-Performance Inertial Measurement Unit Market Drivers
11.4.3 High-Performance Inertial Measurement Unit Market Challenges
11.4.4 High-Performance Inertial Measurement Unit Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 High-Performance Inertial Measurement Unit Distributors
12.3 High-Performance Inertial Measurement Unit Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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