Global Inertial Measurement Unit (IMU) Market 2018-2022 - Product Image

Global Inertial Measurement Unit (IMU) Market 2018-2022

  • ID: 4704100
  • Report
  • Region: Global
  • 135 pages
  • TechNavio
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FEATURED COMPANIES

  • and Texas Instruments
  • Honeywell International
  • Northrop Grumman
  • Robert Bosch
  • STMicroelectronics
  • MORE
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 analysts have predicted that the inertial measurement unit market will register a CAGR of close to 5% by 2022.

Market Overview

Declining ASP of MEMS sensors

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.

High cost of packaging MEMS IMU sensors

The internal components of MEMs IMU sensors needs to be protected from harsh environments such as heat, moisture, and corrosive chemicals. However, the high sensitivity to fabrication and environmental variations makes the packaging of IMU sensors such as micromachined gyroscopes a challenging task. A robust MEMS sensing element is needed to get the desired performance specification at low cost which increases the difficulty of packaging MEMS components. This increase the packaging cost and thereby hampers the growth of the inertial measurement unit market.

For the detailed list of factors that will drive and challenge the growth of the inertial measurement unit market during 2018-2022, view this report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Honeywell International, and Northrop Grumman the competitive environment is quite intense. Factors such as the declining ASP of MEMS sensors, will provide considerable growth opportunities to inertial measurement unit manufacturers. Honeywell International, Northrop Grumman, Robert Bosch, STMicroelectronics, and Texas Instruments are some of the major companies covered in this report.
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FEATURED COMPANIES

  • and Texas Instruments
  • Honeywell International
  • Northrop Grumman
  • Robert Bosch
  • STMicroelectronics
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 05: MARKET SIZING
  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 07: MARKET SEGMENTATION BY END-USER
  • Overview
  • Comparison by end-user
  • Consumer electronics - Market size and forecast 2017-2022
  • Automobiles - Market size and forecast 2017-2022
  • Industrial - Market size and forecast 2017-2022
  • Others - Market size and forecast 2017-2022
  • Market opportunity by end-user
PART 08: MARKET SEGMENTATION BY COMPONENT TYPE
  • Overview
  • Comparison by component type
  • Gyroscopes - Market size and forecast 2017-2022
  • Accelerometers - Market size and forecast 2017-2022
  • Inertial combo - Market size and forecast 2017-2022
  • Magnetometers - Market size and forecast 2017-2022
  • Market opportunity by component type
PART 09: CUSTOMER LANDSCAPE

PART 10: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • Americas - Market size and forecast 2017-2022
  • APAC - Market size and forecast 2017-2022
  • EMEA - Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity
PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 13: MARKET TRENDS
  • Increasing investments in autonomous cars
  • Rising adoption of UAVs for military and defense applications
  • Sensor fusion
PART 14: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 15: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Honeywell International
  • Northrop Grumman
  • Robert Bosch
  • STMicroelectronics
  • Texas Instruments
PART 16: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Parent market
Exhibit 02: Global semiconductor market: Segments
Exhibit 03: Market characteristics
Exhibit 04: Global IMU market: Segments
Exhibit 05: Market definition: Inclusions and exclusions checklist
Exhibit 06: Market size 2017
Exhibit 07: Validation techniques employed for market sizing 2017
Exhibit 08: Global IMU market: Market size and forecast 2017-2022 ($ mn)
Exhibit 09: Global IMU market: Year-over-year growth 2018-2022 (%)
Exhibit 10: Five forces analysis 2017
Exhibit 11: Five forces analysis 2022
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition: Five forces 2017
Exhibit 18: Segmentation by end-user: Market share 2017-2022 (%)
Exhibit 19: Comparison by end-user
Exhibit 20: Consumer electronics: Market size and forecast 2017-2022 ($ mn)
Exhibit 21: Shipment of smartphones, tablets, and smart wearables 2017-2022 (million units)
Exhibit 22: Consumer electronics: Year-over-year growth 2018-2022 (%)
Exhibit 23: Automobiles: Market size and forecast 2017-2022 ($ mn)
Exhibit 24: Value chain of IMUs in automobiles sector
Exhibit 25: Automobiles: Year-over- year growth 2018-2022 (%)
Exhibit 26: Industrial: Market size and forecast 2017-2022 ($ mn)
Exhibit 27: Industrial: Year-over-year growth 2018-2022 (%)
Exhibit 28: Others: Market size and forecast 2017-2022 ($ mn)
Exhibit 29: Others: Year-over-year growth 2018-2022 (%)
Exhibit 30: Market opportunity by end-user
Exhibit 31: Segmentation by component type: Market share 2017-2022 (%)
Exhibit 32: Comparison by component type
Exhibit 33: Gyroscopes: Market size and forecast 2017-2022 ($ mn)
Exhibit 34: Gyroscopes: Year-over-year growth 2018-2022 (%)
Exhibit 35: Accelerometers: Market size and forecast 2017-2022 ($ mn)
Exhibit 36: Accelerometers: Year-over-year growth 2018-2022 (%)
Exhibit 37: Inertial combo: Market size and forecast 2017-2022 ($ mn)
Exhibit 38: Inertial combo: Year-over-year growth 2018-2022 (%)
Exhibit 39: Magnetometers: Market size and forecast 2017-2022 ($ mn)
Exhibit 40: Magnetometers: Year-over-year growth 2018-2022 (%)
Exhibit 41: Market opportunity by component type
Exhibit 42: Customer landscape
Exhibit 43: Segmentation by geography: Market share 2017-2022 (%)
Exhibit 44: Regional comparison
Exhibit 45: Americas: Market size and forecast 2017-2022 ($ mn)
Exhibit 46: Americas: Year-over-year growth 2018-2022 (%)
Exhibit 47: APAC: Market size and forecast 2017-2022 ($ mn)
Exhibit 48: APAC: Year-over-year growth 2018-2022 (%)
Exhibit 49: EMEA: Market size and forecast 2017-2022 ($ mn)
Exhibit 50: EMEA: Year-over-year growth 2018-2022 (%)
Exhibit 51: Key leading countries
Exhibit 52: Market opportunity
Exhibit 53: ASP of MEMS sensors 2016-2021 ($)
Exhibit 54: Smart wearable shipments 2017-2022 (million units)
Exhibit 55: Drift rates of gyroscopic classes
Exhibit 56: Vendor landscape
Exhibit 57: Landscape disruption
Exhibit 58: Vendors covered
Exhibit 59: Vendor classification
Exhibit 60: Market positioning of vendors
Exhibit 61: Honeywell International: Overview
Exhibit 62: Honeywell International: Business segments
Exhibit 63: Honeywell International: Organizational developments
Exhibit 64: Honeywell International: Geographical focus
Exhibit 65: Honeywell International: Segment focus
Exhibit 66: Honeywell International: Key offerings
Exhibit 67: Northrop Grumman: Overview
Exhibit 68: Northrop Grumman: Business segments
Exhibit 69: Northrop Grumman: Organizational developments
Exhibit 70: Northrop Grumman: Geographic focus
Exhibit 71: Northrop Grumman: Segment focus
Exhibit 72: Northrop Grumman: Key offerings
Exhibit 73: Robert Bosch: Overview
Exhibit 74: Robert Bosch: Business segments
Exhibit 75: Robert Bosch: Organizational developments
Exhibit 76: Robert Bosch: Geographic focus
Exhibit 77: Robert Bosch: Segment focus
Exhibit 78: Robert Bosch: Key offerings
Exhibit 79: STMicroelectronics: Overview
Exhibit 80: STMicroelectronics: Business segments
Exhibit 81: STMicroelectronics: Organizational developments
Exhibit 82: STMicroelectronics: Geographic focus
Exhibit 83: STMicroelectronics: Segment focus
Exhibit 84: STMicroelectronics: Key offerings
Exhibit 85: Texas Instruments: Overview
Exhibit 86: Texas Instruments: Business segments
Exhibit 87: Texas Instruments: Organizational developments
Exhibit 88: Texas Instruments: Geographic focus
Exhibit 89: Texas Instruments: Segment focus
Exhibit 90: Texas Instruments: Key offerings
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • and Texas Instruments
  • Honeywell International
  • Northrop Grumman
  • Robert Bosch
  • STMicroelectronics
  • MORE
Global Inertial Measurement Unit (IMU) Market 2018-2022

The author of the report recognizes the following companies as the key players in the global inertial measurement unit (IMU) market: Honeywell International, Northrop Grumman, Robert Bosch, STMicroelectronics, and Texas Instruments.

Commenting on the report, an analyst from the research team said: “Several companies are making significant investments for the development of autonomous cars. Since IMUs are used in autonomous cars to measure their position and orientation, the growing investments in autonomous cars will drive market growth.”

According to the report, one of the major drivers for this market is the declining ASP of MEMS sensors. This will boost the demand for inertial measurement units and thereby drive the growth of IMU market during the next five years.

Further, the report states that one of the major factors hindering the growth of this market is the high cost of packaging MEMS IMU sensors. The difficulty in packaging MEMS components increases its cost which, in turn, restricts the growth of IMU market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Honeywell International
  • Northrop Grumman
  • Robert Bosch
  • STMicroelectronics
  • and Texas Instruments
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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