Inertial Measurement Unit Market By Component (Accelerometers, Gyroscopes, and Magnetometers), By Grade (Marine Grade, Navigation Grade, Tactical Grade, Space Grade, and Commercial Grade), By End User (Industrial, Aerospace & Defense, and Automotive) - Market Trends, Analysis, and Forecast till 2030

Report Code: PMI355519 | Publish Date: December 2023 | No. of Pages: 172

Global Inertial Measurement Unit Market Size

Market for inertial measurement units was valued at US$ 19.05 billion in 2020 and is projected to grow at a compound annual growth rate of 5.30% to reach US$ 31.81 billion by 2030.

Using a combination of accelerometers, gyroscopes, and occasionally magnetometers, an inertial measurement unit (IMU) is a device that monitors and reports a body's specific force, angular rate, and, occasionally, the orientation of the body. IMUs are generally used for spacecraft, such as satellites and landers, and maneuver aircraft (an attitude and heading reference system), which includes, among many other things, uncrewed aerial vehicles (UAVs). Current advancements abandon the construction of GPS devices with IMUs. When GPS signals are not available, such as in tunnels, buildings, or situations with electrical interference, an IMU enables a GPS receiver to determine this information. One or more accelerometers are used to detect linear acceleration, and one or more gyroscopes are used to detect rotational rate in an inertial measurement unit. A magnetometer is typically utilized as a header citation. Usually, each of the three principal axes—pitch, roll, and yaw—has one accelerometer, gyro, and magnetometer per axis.