Inertial Sensing Systems Market


Posted July 27, 2015 by ElectronicsIARC

The Total Inertial Sensing Systems Market evaluated to be around $5 billion in 2014 and is growing at a CAGR of 7.7% dominated significantly by defense, industrial/commercial and aviation sectors.
 
The [b]Inertial Sensor[/b] is a measurement unit which measures velocity, gravitational force and orientation of a moving object. These include airplanes, missiles, drones, ships and underwater vehicles. This system is used extensively for its artificial intelligence to reach location without any static or digital interference. These [b]Inertial Sensors[/b] use multiple components like gyroscopes, accelerometers, GPS and encoders.
Technological advancements have apparently made the systems cheaper and more accurate in terms of results which are the key-factor for the growth of the [b]Inertial Sensor Market[/b].

[b]Table of contents and insights:[/b]
http://industryarc.com/Report/100/Inertial-sensors-devices-market-analysis-report.html

[b]Overview:[/b]
The various components of Inertial Sensors include accelerometers, gyroscopes, encoders, magnetic sensor, and GPS. Devices such as tablets, mobile phones, gaming stations, remote controls and laptops use a combination of accelerometers, magnetometers and gyroscopes. These sensors have a wide range of applications across numerous commercial and noncommercial sectors such as transport, agriculture, healthcare, devices and machinery (commercial), air force, navy and military (defense) and aerospace.
The demand for [b]Inertial Sensors[/b] is growing at a steady pace across the globe. Advancements in the equipment used in making Inertial Sensors made it cheaper, affordable and margin for error has been minimized significantly.

[b]Application:[/b]
[b]Inertial Measurement Units (IMUs) and Inertial Navigation Systems (INUs)[/b] are the primary end products in which Inertial Sensor Systems are used. Navy has started to own a separate market based on the application of Inertial Measurement due to the ability of these sensors to work underwater. Thus, a commercial market in water navigation has grown.

[b]Inquiry before Buying:[/b]
http://industryarc.com/inquiry-before-buying.aspx?id=100

Growing awareness regarding personal health and rising popularity of healthcare devices such as pacemakers and patient monitoring devices has led to increased demand for [b]Inertial Sensors[/b] in Medicine. In motor vehicles, the sensors are used in car safety systems, and the booming global automotive industry has had a direct impact on the demand for sensors.

The market has been witnessing aggressive growth from aerospace, commercial and military sectors of emerging nations in Asia pacific regions.

[b]Estimations:[/b]
Being small, accurate and affordable, the market for inertial sensors has grown at a substantial pace.
The Total [b]Inertial Sensing Systems Market[/b] evaluated to be around $5 billion in 2014 and is growing at a CAGR of 7.7% dominated significantly by defense, industrial/commercial and aviation sectors.

The rapid growth in the [b]Inertial Sensor Market[/b] has a direct impact on the market of its components like accelerometers, gyroscopes, GPS and encoders. The Inertial MEMS market has forecast of 8-10% CAGR in the next 5 years. Accelerometer and gyroscope market investments are growing at a very fast pace due to increase in the demand for the [b]Inertial Sensors[/b]. The potential market growth for GPS is between 4-6% between the same period.

[b]Request for Sample Data / Brochure:[/b]
http://industryarc.com/pdfdownload.aspx?id=100

[b]Key Players:[/b]
The major players like Trimble and Kongsberg are increasing the production of [b]Inertial Sensors[/b] to meet the demand and competition.
Some other important players of this market:
• Invensense Inc.
• Ixblue Sas
• Kearfott Corporation
• Kvh Industries, Inc.
• Meggitt Plc
• Northrop Grumman Corporation
• Safran Group

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Last Updated July 27, 2015