LONDON--(BUSINESS WIRE)--Technavio has been monitoring the automotive inertial measurement unit sensors market and it is poised to grow by $ 6.77 bn during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Continental AG, Honeywell International Inc., KVH Industries Inc., Murata Manufacturing Co. Ltd., Parker-Hannifin Corp., Robert Bosch GmbH, Safran SA, STMicroelectronics NV, Texas Instruments Inc., and ZF Friedrichshafen AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The strong demand for IMU sensors from automotive has been instrumental in driving the growth of the market. However, fluctuations in raw materials price might hamper the market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/automotive-inertial-measurement-unit-sensors-market-industry-analysis
Automotive inertial measurement unit sensors market 2020-2024: Segmentation
Automotive inertial measurement unit sensors market is segmented as below:
-
Product
- FOG-based IMUs
- MEMS Gyroscope-based IMUs
-
Application
- Passenger Cars
- Commercial Vehicles
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Automotive inertial measurement unit sensors market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive inertial measurement unit sensors market report covers the following areas:
- Automotive inertial measurement unit sensors market Size
- Automotive inertial measurement unit sensors market Trends
- Automotive inertial measurement unit sensors market Industry Analysis
This study identifies the presence of regulatory framework as one of the prime reasons driving the automotive inertial measurement unit sensors market growth during the next few years.
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Automotive inertial measurement unit sensors market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist automotive inertial measurement unit sensors market growth during the next five years
- Estimation of the automotive inertial measurement unit sensors market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive inertial measurement unit sensors market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive inertial measurement unit sensors market vendors
Table of Contents:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- FOG-based IMUs - Market size and forecast 2019-2024
- MEMS gyroscope-based IMUs - Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Application
- Market segments
- Comparison by Application placement
- Passenger cars - Market size and forecast 2019-2024
- Commercial vehicles - Market size and forecast 2019-2024
- Market opportunity by Application
Customer Landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher-priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
- Vendor Analysis
Vendors covered
- Market positioning of vendors
- Continental AG
- Honeywell International Inc.
- KVH Industries Inc.
- Murata Manufacturing Co. Ltd.
- Parker-Hannifin Corp.
- Robert Bosch GmbH
- Safran SA
- STMicroelectronics NV
- Texas Instruments Inc.
- ZF Friedrichshafen AG
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.