TechNavio's analysts forecast the Global Inertial Measurement Unit market to grow at a CAGR of 11.3 percent over the period 2012–2016. One of the key factors contributing to this market growth is the high demand for IMUs in the Defense segment. The Global Inertial Measurement Unit market has also been witnessing an increase in the number of mergers and acquisitions. However, the accuracy issues associated with IMUs could pose a challenge to the growth of this market.
TechNavio's report, the Global Inertial Measurement Unit market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Inertial Measurement Unit market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Northrop Grumman Corp., Honeywell International Inc., Safran group, and Robert Bosch GmbH.
The other vendors mentioned in the report are InterSense Inc., STMicroelectronics, APDM Inc., and Analog Devices Inc.
Key questions answered in this report:
What will the market size be in 2016 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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