Inertial Systems Market Share

Market Share of Inertial Systems Industry

The competitive landscape of the global inertial systems market is fragmented due to the presence of various inertial systems solution provider. However, the vendors are consistently focusing on product development to enhance their visibility and global presence. The companies are also undergoing strategic partnerships and acquisitions to gain market traction and increase the market share.

• June 2019 -Sensor manufacturer ACEINNA has launched its new open-source Inertial Measurement Unit Sensor that is meant for autonomous off-road, construction, agricultural vehicle applications.OpenIMU300RI it will help determining the direction in a GPS system and track motion on consumer electronics.
• May 2019 - Northrop Grumman Corporation has released SeaFIND(Sea Fiber Optic Inertial Navigation with Data Distribution), a next generation maritime inertial navigation system succeeding the company’s MK-39 Mod 3 and 4 series Inertial Navigation System product line.

Inertial Systems Market Leaders

1. Analog Devices, Inc.

2. Bosch Sensortec GmbH

3. Safran Group

4. Honeywell International, Inc.

5. TDK Corporation (InvenSense)

*Disclaimer: Major Players sorted in no particular order