Market Share of High-performance IMU Industry
The high-performance inertial measurement unit market is moderately competitive and consists of a few major players. In terms of market share, some of the players currently dominate the market. However, with the advancement in the MEMS sensor technology, new players are increasing their market presence thereby expanding their business footprint across the emerging economies.
- June 2019 - Bosch Sensortec announced the BMI270, an ultra-low power smart Inertial Measurement Unit (IMU) specifically targeted for wearable applications. It offers the strongly improved accelerometer offset and sensitivity performance, by the help of latest Bosch MEMS process technology.
- June 2020 -Analog Devices Inc. announced its high-precision inertial measurement unit (IMU) has been selected by CHC Navigation to enable its next generation, real-time kinematic (RTK) rover receiver, which can achieve high-precision and high-efficiency positioning and measurement at any position through the combination of satellite and inertial positioning.
High-Performance IMU Market Leaders
Analog Devices Inc.
Bosch Sensortec GmbH
Honeywell International Inc.
Northrop Grumman Corporation
STMicroelectronics N.V.
*Disclaimer: Major Players sorted in no particular order
