An Inertial Measurement Unit (IMU) is a device that is equipped with multiple accelerometers and gyros to produce two- or three-dimensional measurements such as specific forces, orientation, angular rates, etc. Inertial measurement units are utilized across consumer electronic products; automobiles; industrial robots; and airborne, ground & naval platforms.

The Inertial Measurement Unit vendors are placed into 4 categories based on their performance and reviews in each criterion: “visionary leaders,” “innovators,” “dynamic differentiators,” and “emerging companies".

Vendors that fall under this category generally receive high scores for most of the evaluation criteria. They have well-established product portfolios with strong market presence. They provide reputed products and services. They also have strong business strategies to strengthen their position in the Inertial Measurement Unit MArket.

Dynamic differentiators are well-established vendors with strong business strategies. However, they have weaker product portfolios as compared to their competitors. They generally focus on a specific type of technology-related to a particular product.

Innovators are the vendors that have demonstrated substantial product innovations as compared to their competitors. They have an extensive product portfolio. However, they do not have strong growth strategies for their overall business.

Emerging companies are the vendors with niche product offerings, who have started to gain their foothold in the 3D radar market. They do not have strong business strategies as compared to other established vendors. They might be new entrants and may require some time before gaining significant traction in the market. The consumer electronics segment of the IMU market has been classified into three sub-segments, namely, smartphones, smartwatches, and VR/AR. IMUs are an integral part of the motion sensing capability of smartphones and smartwatches. In smartphones, IMUs are used for automatic switching of the screen from portrait to landscape, advanced gaming, gesture recognition, and indoor navigational tasks. STMicroelectronics International N.V. (Switzerland), Robert Bosch GmbH (Germany), and InvenSense, Inc. (US) are some of the leading players that offer IMUs for smartphone applications. VR and AR have the potential to become the next big thing in the computing platform, following the trends observed in PCs and smartphones. This technology has potential applications, right from video games to the healthcare and military sector. For instance, the US military has been using VR/AR for training purposes such as flight simulations, battlefield simulations, etc. IMUs are also used in gaming consoles as many game applications use them to detect motion in order to enhance the user's gaming experience. The aircraft segment has been classified into civil aircraft and military aircraft. The aircraft segment is expected to witness growth during the forecast period due to increasing commercial aviation operations, air travel, and government defense budgets across the globe. The growth of the aircraft segment has a direct and positive impact on the growth of the inertial measurement unit market. The demand for IMUs from the military and civil aviation end-user segments has also been increasing over the past decade, which is also fueling the growth of the IMU market, globally. Missiles are self-propelled weapon systems that are loaded with various advanced technologies to enhance their efficiency. Missiles can be used for air defense, anti-tank and anti-ship missions. They can be equipped with different types of warheads to maximize or minimize the damage caused by them. The warheads can be nuclear, biological, chemical, or highly explosive materials.