Market Overview

Global Inertial Measurement Unit Market 2018-2023: Analysis by Type of Technology, Grade, End-user and Region -


The "Global
Inertial Measurement Unit Market - Segmented by Type of Technology
(MEMS, Fibre Optic Gyro, Ring Laser Gyro), Grade, End-user, and Region -
Growth, Trends, and Forecast (2018 - 2023)"
report has been
added to's offering.

The inertial measurement unit market is expected to register a CAGR of
6.49% during the forecast period 2018-2023.

The growth of this market is largely fuelled by various increasing
applications, technological advancements, and the growing demand in
emerging countries of the Asia-Pacific region. Further, the growth can
be attributed to the increasing demand for accuracy in navigation aids
and emergence of MEMS systems.

Aerospace & Defence to Hold a Large Share of the Market

As INS systems in aircrafts is mandate for efficient navigation, the
growth is directly affected by the growth of the aircrafts globally.
However, factors such as increasing demand for accuracy in navigation
and high availability of small and robust components are expected to
have a significant impact the global market, resulting in its
exponential growth in the future.

Key Market Developments

  • UTC Aerospace Systems announced a definitive agreement to acquire
    Rockwell Collins for USD140.00 per share. This acquisition is aimed at
    catering the demand of a rapidly evolving aerospace industry for the
    production of intelligent and connected aircrafts.
  • Northrop Grumman announced to acquire Orbital ATK for approximately
    USD 7.8 billion. This acquisition is aimed at strategically combining
    Northop and Orbital's to enhance and complement the company's
    capabilities in the aerospace and defence sector.

Companies Profiled

  • Northrop Grumman Corporation
  • Safran Group (Colibrys Switzerland) Ltd.
  • Rockwell Collins Inc.
  • Honeywell International Inc.
  • Invensense Inc.
  • iXblue SAS
  • Kearfott Corporation
  • KVH Industries Inc.
  • Thales Group
  • Xsens Technologies B.V.
  • Sparton Corporation
  • Epson Europe Electronic
  • Vector NAV

Key Topics Covered

1. Introduction

2. Research Methodology

3. Market Analysis

4. Market Dynamics

5. Technology Snapshot

6. Global Inertial Measurement Unit Market Segmentation

7. Competitive Intelligence - Key Vendor Profiles

8. Investment Analysis

9. Future of the Inertial Measurement Unit Market

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