MEMS-Based IMU Market Share

Statistics for the 2023 & 2024 MEMS-Based IMU market share, created by Mordor Intelligence™ Industry Reports. MEMS-Based IMU share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of MEMS-Based IMU Industry

The MEMS-based Inertial Measurement Unit Market is fragmented. Overall, the competitive rivalry among existing competitors is high. Moving forward, acquisitions and partnerships of large companies are focused on innovation. Some of the key players in the market are Honeywell International Inc., Analog Devices Inc., Bosch Sensortec GmbH, and STMicroelectronics International N.V.

  • January 2022 - TDK Corporation announced the availability of the InvenSense ICM-45xxx SmartMotion ultra-high-performance (UHP) family of 6-axis MEMS motion sensors. This introduces the on-chip self-calibration, the industry's lowest power consumption, and the world's first BalancedGyro (BG) technology.
  • April 2021 - Honeywell launched a new series of MEMS-based miniature inertial measurement units that are ruggedized to offer best-in-class accuracy and durability to survive high-shock environments. Roughly the size of a water bottle cap, the new HG1125 and HG1126 inertial measurement units (IMUs) are low-cost and serve both commercial and military applications.

MEMS Inertial Measurement Unit (IMU) Market Leaders

  1. Honeywell International Inc.​

  2. Analog Devices Inc.​

  3. TDK Corporation​

  4. Bosch Sensortec GmbH

  5. STMicroelectronics N.V.

*Disclaimer: Major Players sorted in no particular order

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MEMS Inertial Measurement Unit Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)