The Global Inertial Measurement Unit Market is estimated to be USD 22.14 Bn in 2022 and is projected to reach USD 41.23 Bn by 2027, growing at a CAGR of 13.24%.
Market dynamics are forces that impact the prices and behaviors of the Global Inertial Measurement Unit Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Aceinna Inc, Advanced Navigation, Analog Devices Inc, ASC GmbH, Bosch Sensortec GmbH, General Electric Company, Gladiator Technologies, etc.
Countries Studied
America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Inertial Measurement Unit Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Inertial Measurement Unit Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.
Why buy this report?
The report offers a comprehensive evaluation of the Global Inertial Measurement Unit Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics 4.1 Drivers 4.1.1 High Volume Production of Smartphones 4.1.2 Surging Demand for Missiles Due to Geopolitical Instability and Changing Nature of Warfare 4.1.3 Increasing Demand for Accuracy in Navigation 4.1.4 Availability of Miniaturized Components at Affordable Prices 4.1.5 Rise in Aircraft Deliveries 4.2 Restraints 4.2.1 Operational Complexities Associated with High-End IMUS 4.2.2 Fluctuation in Defense Budgets of Developed Countries 4.3 Opportunities 4.3.1 Booming VR and AR Technologies and Penetration of AR/VR in Multiple Industries 4.3.2 Technological Advancements in MEMS-Based IMUS 4.3.3 Development of Driverless Vehicles 4.4 Challenges 4.4.1 Error Propagation 4.4.2 Time Required for System Initialization 4.4.3 Restrictions in Commercial Use of Drones
5 Market Analysis 5.1 Regulatory Scenario 5.2 Porter's Five Forces Analysis 5.3 Impact of COVID-19 5.4 Ansoff Matrix Analysis
6 Global Inertial Measurement Unit Market, By Component 6.1 Introduction 6.2 Accelerometers 6.3 Gyroscopes 6.4 Magnetometers 6.5 Other Sensors
7 Global Inertial Measurement Unit Market, By Technology 7.1 Introduction 7.2 Mechanical Gyro 7.3 Ring Laser Gyro 7.4 Fiber Optic Gyro 7.5 MEMS 7.6 Others
8 Global Inertial Measurement Unit Market, By Grade 8.1 Introduction 8.2 Marine Grade 8.3 Navigation Grade 8.4 Tactical Grade 8.5 Space Grade 8.6 Commercial Grade
9 Global Inertial Measurement Unit Market, By Application 9.1 Introduction 9.2 Aircraft 9.2.1 Civil Aircraft 9.2.1.1 Civil Helicopters 9.2.1.2 Commercial Passenger/Cargo Aircraft 9.2.1.3 General Aviation 9.2.2 Military Aircraft 9.2.2.1 Fighter 9.2.2.2 Military Helicopters 9.2.2.3 Transport Carriers 9.3 Automotive 9.4 Consumer Electronics 9.5 Marine 9.6 Military Armored Vehicles Missiles 9.7 Spac
10 Global Inertial Measurement Unit Market, By End User 10.1 Introduction 10.2 Aerospace & Defense 10.3 Commercial
11 Americas' Global Inertial Measurement Unit Market 11.1 Introduction 11.2 Argentina 11.3 Brazil 11.4 Canada 11.5 Chile 11.6 Colombia 11.7 Mexico 11.8 Peru 11.9 United States 11.10 Rest of Americas
12 Europe's Global Inertial Measurement Unit Market 12.1 Introduction 12.2 Austria 12.3 Belgium 12.4 Denmark 12.5 Finland 12.6 France 12.7 Germany 12.8 Italy 12.9 Netherlands 12.10 Norway 12.11 Poland 12.12 Russia 12.13 Spain 12.14 Sweden 12.15 Switzerland 12.16 United Kingdom 12.17 Rest of Europe
13 Middle East and Africa's Global Inertial Measurement Unit Market 13.1 Introduction 13.2 Egypt 13.3 Israel 13.4 Qatar 13.5 Saudi Arabia 13.6 South Africa 13.7 United Arab Emirates 13.8 Rest of MEA
14 APAC's Global Inertial Measurement Unit Market 14.1 Introduction 14.2 Australia 14.3 Bangladesh 14.4 China 14.5 India 14.6 Indonesia 14.7 Japan 14.8 Malaysia 14.9 Philippines 14.10 Singapore 14.11 South Korea 14.12 Sri Lanka 14.13 Thailand 14.14 Taiwan 14.15 Rest of Asia-Pacific
15 Competitive Landscape 15.1 Competitive Quadrant 15.2 Market Share Analysis 15.3 Strategic Initiatives 15.3.1 M&A and Investments 15.3.2 Partnerships and Collaborations 15.3.3 Product Developments and Improvements
16 Company Profiles 16.1 Aceinna Inc 16.2 Advanced Navigation 16.3 Analog Devices Inc 16.4 ASC GmbH 16.5 Bosch Sensortec GmbH 16.6 General Electric Company 16.7 Gladiator Technologies 16.8 Honeywell International Inc 16.9 IMAR Navigation GmbH 16.10 Intertial Labs 16.11 KVH Industries Inc 16.12 M5Stack 16.13 Memsense LLC 16.14 Northirop Grumman Corp 16.15 Parker Hannifin Corp 16.16 Robert Bosch GmbH 16.17 Safran SA 16.18 SBG Systems S.A.S 16.19 Sensonor Technologies 16.20 STMicroelectronics NV 16.21 TDK Corp 16.22 Teledyne Technologies International Corp 16.23 Thales Group 16.24 Tinkerforge GmbH 16.25 VBOX Automotive 16.26 Vectornav Technologies 16.27 Wuxi Bewis Sensing Technology LLC 16.28 Xsens Technologies