Inertial Measurement Unit Market

Inertial Measurement Unit Market Sizes by Component (Gyroscopes, Accelerometers, Magnetometers and Others), By Application (Aerospace & Defense, Automotive and Commercial), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2024 to 2033

Base Year: 2023 Historical Data: 2020-22
  • Report ID: TBI-14461
  • Published Date: Jul, 2024
  • Pages: 238
  • Category: Information Technology & Semiconductors
  • Format: PDF
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The global inertial measurement unit market was valued at USD 20.72 Billion in 2023 and is anticipated to grow at a CAGR of 6.6% from 2024 to 2033. IMUs, commonly used as inertial measurement units, typically feature a minimum of three gyroscopes and three accelerometers. Demand for ASP MEMS sensors is expanding as the internal measurement unit market continues to expand. This shift can be attributed partly to growing interest among consumers in wearables like smartwatches, smartphones, and smart clothing that incorporate IMU technology to improve location-tracking capabilities and functionality related to distance-measuring displays. In response, major players within this industry compete for dominance by competing on aspects such as pricing models, cutting-edge technological advancements, and brand awareness campaigns aimed at boosting distribution reach worldwide. 

Market Introduction:

An advanced electronic device known as the Inertial Measurement Unit (IMU) utilizes accelerometers, gyroscopes, and magnetometers to measure a body's specific force, angular rate, and occasionally its surrounding magnetic field. Its primary aim is to sense an object's motion, orientation, and position by providing valuable information for numerous applications such as navigation, control, and stabilization. Usually, the results produced by an IMU require numerous processing stages to turn raw data into refined data/information. These steps involve mechanisms such as eliminating disturbance through filtering and correcting for inaccuracies and irregularities within sensors while also applying algorithms to merge information obtained from accelerometers, gyroscopes, and magnetometers. This process is known as sensor fusion. The benefit of utilizing this method is a more reliable calculation concerning movement and alignment compared to solely relying on one form of input from any chosen sensor type.

Inertial Measurement Unit Market Size

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Recent Development
  • In April 2019: The Kalyani Group and Thales have partnered to design, develop, and produce next-generation weapon systems for the Indian defense and law enforcement industries and global markets.     

Market Dynamics:


Growing Aviation Industry - The global inertial measurement unit market is expanding due to the growth in the aerospace industry. IMUs are essential in the aerospace and defense industry and crucial in navigation and control systems. The demand for precise guidance, navigation, and control of aircraft, missiles, and spacecraft drives the need for highly accurate IMUs that guarantee reliability. These devices form an indispensable part of inertial navigation systems (INS) required to operate effectively when GPS signals are either unreliable or unavailable. The increase in global investments in space exploration programs and defense drives greater demands for high-performance IMUs with cutting-edge capabilities. Advanced military applications such as guided munitions coupled with autonomous military vehicles have been contributing massively towards augmenting the growth experienced by this market segment over recent years. This factor is boosting the market growth and development.


High Cost Associated – The global Inertial Measurement Unit market is hindered by high cost associated with the products. The primary hurdle for the IMU industry is the steep price of high-precision models commonly used in high-end industry applications like aerospace and defense. These advanced models rely on sophisticated technologies such as fiber-optic gyroscopes (FOGs) and ring laser gyroscopes (RLGs), providing superior performance but at a noticeable expense that makes overall costs prohibitively expensive. This challenge can pose a significant obstacle to adoption among small or medium-sized enterprises (SMEs) that operate under tight budgets alongside cost-sensitive markets globally, thereby limiting widespread deployment, particularly in those economies where budgetary constraints are more pronounced. This factor is hindering the market growth and development.


Technological Advancements - Technological advancements largely drive the growth of the IMU market. Micro-electromechanical systems (MEMS) technology has transformed the production process, resulting in smaller, lighter and more cost-effective IMUs that can be integrated into consumer electronics, automotive systems and various other applications. MEMS-based IMUs are widely used due to their improved performance and affordability. Ongoing research efforts aim to improve accuracy, reliability, and robustness, driving market expansion. Innovations such as fiber-optic gyroscopes (FOGs) and ring laser gyroscopes (RLGs) have enhanced high-precision IMUs, enabling them to be used in critical sectors like aerospace and defense industries, thus widening their application scope. This factor is anticipated to provide lucrative growth opportunities over the years.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America region emerged as the most prominent global Inertial Measurement Unit market, with a 39.0% market revenue share in 2023. The automotive industry's contribution to the IMU market in North America, mainly in the U.S. and Canada, is noteworthy. The region is a center for advanced auto technologies, emphasizing the development of driver assistance systems (ADAS) and self-driving cars. Accurate control and motion sensing provided by IMUs are essential to power these systems. Industry giants such as Ford, Tesla, and General Motors are at the forefront of integrating autonomous vehicle technology enhanced by IMUs, producing safer automobiles that perform better while being automated. An increasing adoption rate of electric vehicles and the push toward smart mobility drive further demand for high-quality accelerometers & gyroscopes. The product provides one-stop solutions based on custom needs, optimizing performance and providing the maximum accuracy. Additionally, IMUs are a vital component of the consumer electronics industry in North America, serving essential functions such as screen orientation and motion sensing for devices like smartphones, gaming consoles, tablets, and wearable technology. The market is fueled by consumer demand for advanced electronic features. Moreover, the advent of Industry 4.0, which emphasizes the integration of digital technologies into manufacturing processes, has opened up significant opportunities for IMU applications in automated systems and robotics, where precise motion control and stabilization are crucial. The regional market players also engage in various market strategies such as product innovation, product differentiation, mergers, acquisitions, partnerships, and strategic alliances to maintain their competitive edge.

North America Region Inertial Measurement Unit Market Share in 2023 - 39.0%

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  • In January 2019: In this domain, Honeywell has announced the opening of its online marketplace to purchase and sell new and used aviation parts. In addition to becoming the first corporation to use blockchain technology to establish trust between buyers and sellers, the company can conduct some of its business online. 
Component Segment Analysis

The component segment includes gyroscopes, accelerometers, magnetometers and others. The gyroscopes segment dominated, with a market share of around 43% in 2023. In the global IMU market, gyroscopes claim a substantial portion due to their extensive utilization in numerous sectors, such as aerospace, defense, automotive, and consumer electronics. The high-precision FOGs and RLGs are leading products in crucial areas like aviation and the military, where precision is critical. On the other hand, the small size and affordability of MEMS gyroscopes make them popular across various industries, including but not limited to drones, automobile systems, and electronic gadgets marketed towards consumers. Technological advances, market demand, and industry-specific needs are factors that impact the dynamics of the gyroscope sector. The advent of MEMS-based gyroscopes has transformed it by facilitating miniaturization, reducing cost, and integrating it with other sensors. Aerospace, defense, and precision engineering sectors still require large quantities of high-performance FOGs and RLGs. Additionally, recent uptake for autonomous systems like drones alongside robotic technology further fuels expansion into diverse industries demanding more sophisticated gyroscopic components.

Application Segment Analysis

The application segment includes aerospace & defense, automotive and commercial. The aerospace & defense segment dominated, with a market share of around 54% in 2023. The global IMU market relies heavily on aerospace and defense applications, as stringent performance requirements are necessary for these sectors due to their intensive applications. The dominant products of the market include high-precision IMUs such as fiber-optic gyroscopes (FOGs), ring laser gyroscopes (RLGs) and quartz accelerometers that exhibit superior characteristics like accuracy, reliability, and ruggedness. Aerospace uses for this technology cover a range of areas, including aircraft navigation, missile guidance systems transportation by unmanned aerial vehicles (UAVs), and military vehicle stabilization, amongst others. The demand is fueled by aerospace and defense market dynamics, including growing defense budgets, technological progressions, and changing threats. Advanced sensor tech investments are driven mainly by modernization initiatives in the US, China, Russia & India, while unmanned systems such as drones boost IMU use for control/navigation. Furthermore, space exploration programs being offered both privately & through govt agencies present new opportunities for manufacturers to capitalize on with satellite navigation guidance, amongst other applications that include lunar expeditions/launch vehicle direction given plans for manned missions outside of Earth's orbit, making greater precision of technology more paramount than ever before

Some of the Key Market Players:
  • ACEINNA Inc.
  • Safran SA
  • Adafruit Industries LLC
  • Analog Devices Inc.
  • Northrop Grumman Corp.
  • Honeywell International Inc.
  • KVH Industries Inc.
  • L3Harris Technologies Inc.
  • M5Stack Technology Co. Ltd.
  • MEMSIC Semiconductor Co. Ltd.
  • Murata Manufacturing Co. Ltd.
  • Parker Hannifin Corp.
  • Robert Bosch GmbH
  • Gladiator Technologies Inc.
  • TDK Corp.
  • Thales Group
  • Trimble Inc.
  • STMicroelectronics NV
  • Texas Instruments Inc.

Report Description:

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2023 USD 20.72 Billion
Market size value in 2033 USD 39.26 Billion
CAGR (2024 to 2033) 6.6%
Historical data 2020-2022
Base Year 2023
Forecast 2024-2033
Region The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
Segments Component, Application

Frequesntly Asked Questions

As per The Brainy Insights, the size of the global inertial measurement unit market was valued at 20.72 billion in 2023 to USD 39.62 billion by 2033.

The global inertial measurement unit market is growing at a CAGR of 6.6% during the forecast period 2024-2033.

North America region became the largest market for inertial measurement unit.

The expanding aviation industry is driving the market's growth.

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This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global inertial measurement unit market based on below-mentioned segments:

Global Inertial Measurement Unit Market by Component:

  • Gyroscopes
  • Accelerometers
  • Magnetometers
  • Others

Global Inertial Measurement Unit Market by Application:

  • Aerospace & Defense
  • Automotive
  • Commercial

Global Inertial Measurement Unit Market by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa


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