The U.S. IMU and Inertial Navigation System (INS) market size was valued at USD 4.57 billion in 2022. The market is projected to grow from USD 4.89 billion in 2023 to USD 8.96 billion by 2030, exhibiting a CAGR of 9.0% during the forecast period.

The trend of miniaturization and integration of multiple sensors is gaining traction in the market, with key players focusing on compact IMU/INS solutions to enhance performance and efficiency in various applications. Companies such as Inertial Labs and MEMSIC are developing integrated solutions that offer improved accuracy and functionality in areas such as navigation, robotics, and motion tracking, driving advances in several industries, which is anticipated to propel market growth. Fortune Business Insights presents this information in their report titled "U.S. IMU and Inertial Navigation System (INS) Market, 2023–2030."

Informational Source:

https://www.fortunebusinessinsights.com/u-s-imu-and-inertial-navigation-system-ins-market-108462

List of Major Players Profiled in the Report:

• General Electric Company (U.S.)
• Gladiator Technologies (U.S.)
• Honeywell International Inc. (U.S.)
• L3 Harris Technologies (U.S.)
• Northrop Grumman Corporation (U.S.)
• Parker Hannifin Corporation (U.S.)
• Raytheon Technologies Corporation (U.S.)
• Teledyne Technologies Incorporated (U.S.)
• Trimble Inc. (U.S.)
• VectorNav Technologies LLC. (U.S.)
• EMCORE Corporation (U.S.)

Russia-Ukraine War Impact

Growing Demand for IMU/INS Technology in Aerospace and Defense amid Russia-Ukraine Conflict