Global Inertial Measurement Unit (IMU) Market Report 2018-2022 - ResearchAndMarkets.com

DUBLIN--()--The "Global Inertial Measurement Unit (IMU) Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The analysts have predicted that the inertial measurement unit market will register a CAGR of close to 5% by 2022.

Autonomous cars are equipped with several sensors including IMUs which capture data for motion control and help in measuring their position and orientation. Several companies are investing heavily in autonomous cars. For instance, Kodiak Robotics, a self-driving truck program was released by Uber Technologies in partnership with Otto in 2018.

Battery Ventures, Tusk ventures, and Lightspeed Venture Partners are some of the companies of a VC investment group that invested USD 40 million in Kodiak Robotics. Similarly, Ford launched Ford Autonomous Vehicles in 2018 and invested USD 4 billion for the development of autonomous vehicles. Thus, the increasing investments in autonomous cars will drive the growth of IMU market during the forecast period.

The IMU market is fragmented with the presence of several companies. The growing demand for low cost sensors and high-volume applications have resulted in increased competition in the inertial measurement unit market. To maintain and improve their market share, key vendors have reduced the ASP of MEMS sensors from USD 0.66 in 2010 to USD 0.34 in 2016. The demand for IMUs to improve accuracy and the growing need to integrate several sensors with electronic devices are contributing to the declining ASP of MEMS sensors. This will drive the demand for IMUs during the forecast period and hence boost market growth.

Key Topics Covered:

01: Executive Summary

02: Scope Of The Report

03: Research Methodology

04: Market Landscape

05: Market Sizing

06: Five Forces Analysis

07: Market Segmentation By End-User

08: Market Segmentation By Component Type

09: Customer Landscape

10: Regional Landscape

11: Decision Framework

12: Drivers And Challenges

13: Market Trends

14: Vendor Landscape

15: Vendor Analysis

16: Appendix

Companies Mentioned

  • Honeywell International
  • Northrop Grumman
  • Robert Bosch
  • STMicroelectronics
  • Texas Instruments

For more information about this report visit https://www.researchandmarkets.com/research/t5pc2l/global_inertial?w=4

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Related Topics: Avionics, Sensors

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Avionics, Sensors