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Dallas–Fort Worth, TX Press Releases
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(Dallas.CityRegions.Com, August 18, 2018 ) An IMU 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.
Honeywell, Northrop Grumman and SAFRAN captured the top three revenue share spots in the IMU market in 2017. Honeywell dominated with 32.78 percent revenue share, followed by Northrop Grumman with 19.28 percent revenue share and SAFRAN with 9.12 percent revenue share.
In this study, the consumption of Inertial Measurement Unit divided into four geographic regions: In North America, total Inertial Measurement Unit accounted for 38.60%. In the Europe, total Inertial Measurement Unit accounted for 31.00%. The market in China Inertial Measurement Unit accounted for 13.86 %, In Middle East, total Inertial Measurement Unit accounted for 4.27 %, and in other region 12.28 %. Among all regions, North America is estimated to represent the highest share.
In terms of applications, the Defense segment was estimated to account for the highest sales volume share of 36.39 % in 2017. Industrial applications are significant today and are expected to be the most growing markets until 2025.
Over the next five years, LPI(LP Information) projects that Inertial Measurement Unit (IMU) will register a 9.4% CAGR in terms of revenue, reach US$ 4440 million by 2023, from US$ 2590 million in 2017.
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This report presents a comprehensive overview, market shares, and growth opportunities of Inertial Measurement Unit (IMU) market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type: High-performance IMU MEMS Based IMU (except for consumer and automotive grade)
Segmentation by application: Defense Commercial Aerospace Other Industrial Application
Browse the complete report @ http://www.orbisresearch.com/reports/index/2018-2023-global-inertial-measurement-unit-imu-consumption-market-report
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Honeywell International Northrop Grumman Corp SAFRAN Thales Kearfott KVH Industries UTC Systron Donner Inertial IAI Tamam L3 Technologies VectorNav SBG systems Navgnss Starneto
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Some Point from TOC: 1 Scope of the Report 2 Executive Summary 3 Global Inertial Measurement Unit (IMU) Drivers by Players 4 Inertial Measurement Unit (IMU) Drivers by Regions 5 Americas 6 APAC 7 Europe ….Continued
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