Nov 1, 2017   SOURCE: BusinessWire

Global High End IMU Market - Expected to Reach $3 Billion by 2020 - Research and Markets

The "Global High End IMU Market - Forecasts and Trends (2016 - 2021)" report has been added to Research and Markets' offering.

The global high-end IMU was valued at USD 2.47 billion in 2015 and is forecasted to grow at a CAGR of 4.80% over the forecast period (2015-2020) to reach USD 3.12 billion in 2020. High-end IMU's can be defined as integrated sensor packages that work within an inertial frame of reference using a combination of accelerometers, gyroscopes, and magnetometers (occasionally). They are primarily used for the detection of inertial movements, by making use of angular rate and accelerator sensors.

Over the course of evolution, IMU's were found to work effectively with other systems like GPS or RF, as these systems can account for errors and provide better levels of performance for end systems. The high-end IMU market can be characterized as highly dynamic with a strong emphasis on achieving robust performance over a wide range of applications. Defense and aerospace applications have been the traditional strongholds in this market. However, industrial and land transportation applications are expected to record high growth rates during the forecast period.

The high-end IMU market is broadly segmented into industrial, defense, aerospace & land sectors based on bias stability, which provides a measure of the inertial system's stability over a specified period of time. Defense applications have the highest bias stability in the range of 0.0001-0.01 /h, followed by aerospace applications (0.01-1 /h). In 2015, defense sector was expected to lead the market with an overall contribution of 34.21%, followed by aerospace and land applications.

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Technology Snapshot

6. Global High-End Inertial Measurement Units (IMU) - Market Segmentation (Market Size & Forecasts)

7. Competitive Landscape

8. Future Outlook of High-End Inertial Systems Market

For more information about this report visit https://www.researchandmarkets.com/research/f48g26/global_high_end