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US Inertial Measurement Unit Market (2022-2027) by Component, Technology, Grade, Application, End User., Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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    Report

  • 179 Pages
  • March 2022
  • Region: United States
  • Infogence Global Research
  • ID: 5585918
The US Inertial Measurement Unit Market is estimated to be USD 4.21 Bn in 2022 and is projected to reach USD 7.83 Bn by 2027, growing at a CAGR of 13.22%.



Market dynamics are forces that impact the prices and behaviors of the US 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.

Market Segmentations

The US Inertial Measurement Unit Market is segmented based on Component, Technology, Grade, Application, and End User.
  • By Component, the market is classified into Accelerometers, Gyroscopes, Magnetometers, and Other Sensors.
  • By Technology, the market is classified into Mechanical Gyro, Ring Laser Gyro, Fiber Optic Gyro, MEMS, and Others.
  • By Grade, the market is classified into Marine Grade, Navigation Grade, Tactical Grade, Space Grade, and Commercial Grade.
  • By Application, the market is classified into Aircraft, Automotive, Consumer Electronics, Marine, Military Armored Vehicles Missiles, Space Launch Vehicles, Survey Equipment, Unmanned Aerial Vehicles, Unmanned Ground Vehicles, and Unmanned Marine Vehicles.
  • By End User, the market is classified into Aerospace & Defense and Commercial.

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 Honeywell International Inc, etc.

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 US 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 US 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 US 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.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 High Volume Production of Smartphones
4.1.2 Increasing 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
4.3 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 US Inertial Measurement Unit Market, By Component
6.1 Introduction
6.2 Accelerometers
6.3 Gyroscopes
6.4 Magnetometers
6.5 Other Sensors
7 US 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 US 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 US 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 US Inertial Measurement Unit Market, By End User
10.1 Introduction
10.2 Aerospace & Defense
10.3 Commercial
11 Competitive Landscape
11.1 Competitive Quadrant
11.2 Market Share Analysis
11.3 Strategic Initiatives
11.3.1 M&A and Investments
11.3.2 Partnerships and Collaborations
11.3.3 Product Developments and Improvements
12 Company Profiles
12.1 Aceinna Inc
12.2 Advanced Navigation Analog Devices Inc
12.3 ASC GmbH
12.4 Bosch Sensortec GmbH
12.5 General Electric Company
12.6 Gladiator Technologies Honeywell International Inc
12.7 IMAR Navigation GmbH
12.8 Intertial Labs KVH Industries Inc
12.9 M5Stack
12.10 Memsense LLC
12.11 Northirop Grumman Corp Parker Hannifin Corp Robert Bosch GmbH
12.12 Safran SA
12.13 SBG Systems S.A.S
12.14 Sensonor Technologies
12.15 STMicroelectronics NV
12.16 TDK Corp
12.17 Teledyne Technologies International Corp
12.18 Thales Group
12.19 Tinkerforge GmbH
12.20 VBOX Automotive
12.21 Vectornav Technologies
12.22 Wuxi Bewis Sensing Technology LLC
12.23 Xsens Technologies
13 Appendix
13.1 Questionnaire

Companies Mentioned

  • Aceinna Inc
  • Advanced Navigation Analog Devices Inc
  • ASC GmbH
  • Bosch Sensortec GmbH
  • General Electric Company
  • Gladiator Technologies Honeywell International Inc
  • IMAR Navigation GmbH
  • Intertial Labs KVH Industries Inc
  • M5Stack
  • Memsense LLC
  • Northirop Grumman Corp Parker Hannifin Corp Robert Bosch GmbH
  • Safran SA
  • SBG Systems S.A.S
  • Sensonor Technologies
  • STMicroelectronics NV
  • TDK Corp
  • Teledyne Technologies International Corp
  • Thales Group
  • Tinkerforge GmbH
  • VBOX Automotive
  • Vectornav Technologies
  • Wuxi Bewis Sensing Technology LLC
  • Xsens Technologies

Table Information