Inertial Systems Market in Energy and Infrastructure - Growth, Trends, COVID-19 Impact, and Forecasts (2024 - 2029)

Energy & Infrastructure Inertial Systems Industry Overview

The market is fragmented due to the presence of various inertial systems solution provider. However, 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 market share. The key players are Analog Devices Inc., Bosch Sensortec GmbH, and ST Microelectronics, etc. Recent developments in the market are -

• June 2019 - Sensor manufacturer ACEINNA launched its new open-source Inertial Measurement Unit Sensor that is meant for autonomous off-road, construction, energy infrastructure, agricultural vehicle applications. The OpenIMU300RI is a rugged, sealed package, open-source, nine-degree-of-freedom inertial measurement unit (IMU). The precise positioning solutions from ACEINNA are MEMS-based open-source, inertial sensing systems that enable easy-to-use, centimeter-accurate navigation systems.
• June 2019 - At CES in Las Vegas, Nevada, Bosch Sensortec announced the BMI270, an ultra-low-power smart Inertial Measurement Unit (IMU) specifically targeted at wearable applications. It offers a strongly improved accelerometer offset and sensitivity performance, enabled by the newest Bosch MEMS process technology.