Inertial Measurement Unit (IMU) Market: COVID-19 Focused Report | Evolving Opportunities with MEMSIC Inc. and Murata Manufacturing Co. Ltd. | Technavio
NEW 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%.
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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.
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Major Five Inertial Measurement Unit (IMU) Companies:
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Inertial Measurement Unit (IMU) Market End-user Outlook (Revenue, USD bn, 2020-2025)
Inertial Measurement Unit (IMU) Market Component Outlook (Revenue, USD bn, 2020-2025)
Inertial Measurement Unit (IMU) Market Geography Outlook (Revenue, USD bn, 2020-2025)
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