Advancement in technology and new inventions have largely contributed to the steady growth of the global inertial sensors market. Taking into account the size, share, growth, and development of the overall market, the research report analyses the numerous segments and provides sharp insight on the same. The inertial sensors industry is highly diversified and fragmented and each section has been scrutinized to identify the trends, top performing segments, opportunities, barriers, and drivers during the forecast period of 2012 to 2018. 
 
The report also lists the leading companies operating in this space and focuses in detail on individual market contribution, current products and those in the pipeline, strategies, and initiatives.
It also covers the value chain, product and market life cycle, new product launches, mergers and acquisitions, joint ventures, and Porter’s five forces analysis.
 

Overview of the inertial sensors market

On the basis of type, the market for inertial sensors can be segmented into Attitude Heading and Reference Systems (AHRS), Inertial Navigation Systems/Inertial Navigation Units (INUs), and Inertial Measurement Units (IMUs). The various components of inertial sensors include accelerometers, gyroscopes, encoders, magnetic sensor, and GPS. The 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. 
 
Being small, accurate and affordable, the market for inertial sensors has grown at a substantial pace. Their growing use in consumer electronics has significantly impacted the growth. Devices such as tablets, mobile phones, gaming stations, remote controls, and laptops use a combination of accelerometers, magnetometers, and gyroscopes. Growing awareness regarding personal health and rising popularity of healthcare devices such as pacemakers and patient monitoring devices has led to increased demand for inertial sensors 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 is poised for future growth due to mounting use of inertial sensors in aerospace and military sectors in the Asia-Pacific region. Extensive use of its artificial intelligence to reach a location with no digital interference is a major reason for its application in these two fields.
 
Even though leading players such as Kongsberg Gruppen and Trimble Navigation Ltd. have been constantly increasing production, the expanding competitive landscape has propelled the inertial sensors market.
 

Companies mentioned in the market research report

 
The research report features a host of companies, both established and new entrants, which operate in the inertial sensors market. These include Atlantic Inertial Systems INC., Advanced Navigation, Epson Electronics America, Inc., Bosch Group GmbH, IXBLUE, Heidenhain Corporation, VectorNav Technologies, Freescale Semiconductors, Shanghai Maixun Hangyi Inertia Technology Co., Ltd., ST Microelectronics, and Systron Donner Inertial.
 

This market research report analyzes the following geographies:

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World 

This report gives you access to decisive data such as:

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for the coming years 

Key highlights of this report

  • Overview of key market forces propelling and restraining market growth 
  • Up-to-date analyses of market trends and technological improvements in the micro servers industry
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors 
  • An array of graphics and SWOT analysis of major industry segments 
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis 
  • Offers a clear understanding of the competitive landscape and key product segments

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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