The inertial measurement unit (IMU) market will reach USD 24.91 billion by 2027 – QNT Press Release


Pune, India, December 8, 2021 (Global News Service)-Global Inertial measurement unit (IMU) market The scale is expected to reach USD 24.91 billion by 2027, with a compound annual growth rate of 9.22% during the forecast period. According to the new Fortune Business Insights™ report, the wide applicability of IMU sensors will become a key growth driver for this market. An inertial measurement unit (IMU) is a sensor technology that can use three tools—magnetometer, gyroscope, and accelerometer—to calculate different parameters, including magnetic field, angular rate, acceleration, direction, and velocity. Due to their enhanced functions, these devices are widely used in military surveillance applications.For example, manned and Unmanned Aerial Vehicle (UAV) Equipped with IMU, used to accurately calculate the height and relative position of the vehicle. Due to the navigation capabilities of GPS devices, this technology is also used as a supplement to GPS devices. Therefore, these advantages of IMU in various applications herald the progress of this market.

List of participants covered in the inertial measurement unit market report:

  • ADI (United States)
  • General Electric Company (United States)
  • Gladiator Technologies (United States)
  • Honeywell International (USA)
  • Parker Hannifin Corporation (United States)
  • Northrop Grumman Corporation (United States)
  • Robert Bosch GmbH (Germany)
  • Safran (France)
  • Sensor AS (Norway)
  • STMicroelectronics International NV (Switzerland)
  • TDK Corporation (Japan)
  • Thales Group (France)
  • Trimble Navigation (United States)
  • Vector navigation technology. LLC (United States)

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Market drivers

The availability of advanced IMU is conducive to market growth

The usefulness of IMUs in military operations, especially in drones, has prompted companies in the field to design advanced solutions related to this technology. Therefore, today, there are a wide range of next-generation IMUs on the market. For example, EMCORE’s Systron Donner Inertial provides solid-state microelectromechanical systems (MEMS) IMU…

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