Global Electronic IMU Sensors Market Outlook 2022

An inertial measurement unit (IMU) sensor is an electronic device that measures and reports a craft's velocity, orientation, and gravitational forces, using a combination of accelerometers and gyroscopes, sometimes also magnetometers. In this report, the high performance IMU sensors were counted and analyzed. We take into account industrial, aerospace, defense applications (even industrial applications are considered as “high-performance” applications, as opposed to consumer ones). This refers to the applications: we take into account all the inertial sensors except the consumer / mobile and the automotive applications.
Global Electronic IMU Sensors key players include Honeywell International, Northrop Grumman Corp, SAFRAN, Thales, Kearfott, etc. Global top five players hold a share about 75%.
North America is the largest market, with a share about 40%, followed by Europe and China, having a total share about 50 percent.
In terms of product, the segment includes FOG, RLG, DTG and Others Mechanical, Si / Quartz MEMS, HRG and Emerging technology. And in terms of application, the largest application is Aerospace, followed by Defense, Industrial, Naval, Offshore Markets.

Market Analysis and Insights: Global Electronic IMU Sensors Market
The global Electronic IMU Sensors market was valued at US$ 1942.3 million in 2020 and it is expected to reach US$ 2625.6 million by the end of 2027, growing at a CAGR of 4.4% during 2021-2027.

Global Electronic IMU Sensors Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Electronic IMU Sensors Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Segment by Type
FOG
RLG
DTG and Others Mechanical
Si / Quartz MEMS
HRG and Emerging technology


Segment by Application
Defense
Aerospace
Industrial, Naval, Offshore


By Company
Honeywell International
Northrop Grumman Corp
SAFRAN
Thales
Kearfott
KVH Industries
UTC
Systron Donner Inertial
IAI Tamam
Elop
L-3 Communications
VectorNav
Tronics
SBG systems
AOSense
Analog Devices
MEGGITT
Sensonor
EPSON TOYOCOM
JAE

Production by Region
North America
Europe
Latin America
Middle East and Africa
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE