GLOBAL INERTIAL SENSOR MARKET- TRENDS
Rapid growth in the Airline industries makes a favorable market for the Inertial sensors for
next 5 years.
Americas and most of the emerging markets have significant budget spending on the military
and defense sectors, and this offers a very high growth potential and demand for Inertial
sensor market.
Newer technologies like Laser Gyros, Fiber optic gyros and TIMU Sensors makes it cheaper
and more efficient to use Inertial sensors.
Inertial sensor market is expected to grow at 10.5% CAGR in between 2013-2018.
Commercial sector of this market is also growing rapidly as the Inertial Sensors become
smaller in Size and cheaper in price.
IMU’s market is expected to grow to a $3.2bn industry by 2018.
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