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Inertial Measurement Unit (IMU) Market: COVID-19 Focused Report | Evolving Opportunities with MEMSIC Inc. and Murata Manufacturing Co. Ltd. | TechnavioNEW YORK, June 3, 2021 /PRNewswire/ -- The global inertial measurement unit market is expected to grow by USD 6.35 billion according to the Technavio. This marks a significant market slow down due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 15%. For the Right Perspective & Competitive Insights. Make confident decisions using our benchmarks and analysis. Read the 120-page report with TOC on "Inertial Measurement Unit (IMU) Market Analysis Report by End-user (Consumer electronics, Automobiles, Industrial, and Others), Component (Gyroscopes, Accelerometers, Inertial combo, and Magnetometers), and Geography (North America, APAC, Europe, South America, and MEA), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales and supply functions. https://www.technavio.com/report/report/inertial-measurement-unit-imu-market-industry-analysis The inertial measurement unit market is driven by the declining ASP of MEMS sensors. In addition, the rising demand for wearable lifestyle devices is anticipated to boost the growth of the Inertial Measurement Unit (IMU) Market. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Major Five Inertial Measurement Unit (IMU) Companies:
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Inertial Measurement Unit (IMU) Market Component Outlook (Revenue, USD bn, 2020-2025)
Inertial Measurement Unit (IMU) Market Geography Outlook (Revenue, USD bn, 2020-2025)
Are you a start-up willing to make it big in the business? Related Reports on Industrials Include: About Technavio With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts View original content to download multimedia:http://www.prnewswire.com/news-releases/inertial-measurement-unit-imu-market-covid-19-focused-report--evolving-opportunities-with-memsic-inc-and-murata-manufacturing-co-ltd--technavio-301305151.html SOURCE Technavio |