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Global Inertial Measurement Unit – Industry Analysis, Size, Share, Growth, Latest Innovation, Trends, Forecast 2018 – 2023

The Inertial Measurement Unit Market is expected to register a CAGR of 6.49%, during the forecast period 2018 – 2023. The scope of the market is limited to the mapping solutions use photographic, radar, laser, LiDAR or any number of remote sensing systems.

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.

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The Major Players Include – ANALOG DEVICES INC. , NORTHROP GRUMMAN CORPORATION, SAFRAN GROUP (COLIBRYS SWITZERLAND) LTD., ROCKWELL COLLINS, INC., HONEYWELL INTERNATIONAL INC., INVENSENSE INC., IXBLUESAS, KEARFOTT CORPORATION, KVH INDUSTRIES, INC., THALES GROUP, XSENS TECHNOLOGIES B.V., SPARTON CORPORATION, EPSON EUROPE ELECTRONIC and VECTOR NAV., amongst others.

Few Major Points Of TOC :

1. Introduction 

2. Research Methodology 

3. Market Analysis 
3.1 Market Overview
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Buyers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products
3.2.5 Competitive Rivalry
3.3 Value Chain Analysis

4. Market Dynamics 
4.1 Market Drivers
4.1.1 Growing Demand For Accuracy In Navigation
4.2 Market Restraints
4.2.1 Operational Complexity Coupled With High Maintenance Costs

5. Technology Snapshot

Continued…………….

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Key Developments
November 2017 – 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

September 2017 – 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

Reasons to Purchase this Report
Current and future inertial measurement unit market outlook in the developed and emerging economies
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
The segments that are expected to dominate the market
Regions that are expected to witness fastest growth during the forecast period
Identifying the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in Excel)

Customization of the Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.

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