Global Inertial Measurement Unit Market: Industry Analysis and Forecast (2019-2026)

Global Inertial Measurement Unit Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a CAGR of around XX % during a forecast period.

The increasing employment of UUV for different activities below the seabed will enhance the demand for inertial measurement unit. For a number of commercial and military applications such as mine investigation and countermeasures, UUV is proving to be a quickly emerging platform. These applications are anticipated to hold a high potential in driving the growth of international inertial measurement unit market.

On the other hand, the high sensitivity to fabrication and environmental variations makes the packaging of inertial measurement unit sensors such as micro machined gyroscopes a challenging task. A robust MEMS sensing element is needed to get the desired performance specification at low cost which increases the difficulty of packaging MEMS components. This leads to the increase in packaging cost and thus hinders the growth of inertial measurement unit market.

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