Inertial Measurement Unit Market is Estimated to be at $2.14 Billion in 2014

Date: 2015-08-21

“The Inertial Measurement Unit market is estimated to be at $2.14 billion in 2014 and is expected to register a CAGR of 7.87% to reach $3.37 billion by 2020.

It tracks, analyses, and lays out the market size of major IMU spenders in each region and provides the market share by application. It also analyses the market share by gyro technology including ring laser gyro (RLG), fibre optic gyro (FOG), micro-electro-mechanical systems (MEMS), hemispherical resonator gyro (HRG), and vibrating gyro. 

Of the regions considered for this market, North America contributes the largest portion of the market share of the total market. Advancement in MEMS technology and growing demand for commercial aircrafts and business jets are important factors that are responsible for driving this market in this region.

The industry is witnessing new entrants from emerging economies in the MEMS and FOG segment. These, in turn, are acting as a boon for IMU component manufacturers. The manufacturer are focused on the development of more advanced silicon or quartz MEMS technology as it could provide phenomenal performance in the same package with bias <1 degree/hour. This would be beneficial for commercial and industrial applications like pipeline inspection, mine hunting, unmanned aircraft surveillance, guided missiles, business jets and other commercial aircrafts.  

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Contact Information:

Joanna | Executive – International
Business and partner Relations

E-mail: | Tel: 001-510-400-8520



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