Navigation Satellite System Module with IMU Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 10.1% from 2024 to 2030.
The Navigation Satellite System GNSS Module with Inertial Measurement Unit IMU market is experiencing significant growth, driven by advancements in satellite technologies and increasing demand for precision navigation solutions. In 2024, the market size was estimated at approximately USD 5 billion, with projections suggesting a compound annual growth rate CAGR of 8.5% over the next 5–10 years. Key drivers include the proliferation of autonomous vehicles, advancements in GNSS IMU integration, and growing applications in agriculture, defense, and logistics.
Emerging trends such as real time kinematic RTK solutions, enhanced GNSS signal resilience, and miniaturized IMU modules are reshaping the industry. Additionally, the increasing adoption of GNSS IMU systems in Internet of Things IoT applications highlights its growing importance in smart infrastructure development.
Get an In-Depth Research Analysis of the Global Navigation Satellite System Module with IMU Market Size And Forecast [2025-2032]
Rising demand for autonomous navigation in automotive and aerospace industries.
Integration of GNSS and IMU for improved precision in geospatial mapping and surveying.
Expanding applications in defense, including missile guidance and unmanned aerial vehicles UAVs.
Government investments in space and satellite technology advancements.
High initial costs associated with advanced GNSS IMU systems.
Signal interference and degradation in urban or densely forested environments.
Complexities in system integration and data fusion.
<h
U-blox
STMicroelectronics
Hemisphere
Canal Geomatics
BaseCam
Septentrio(imec)
Hexagon
Inertial Labs
Inertial Sense
Dewesoft
Trimble
LORD
FURUNO
OriginGPS
Linx Technologies
Locosys GNSS
SkyTraq
ComNav Technology
Quectel
Hunan BYNAV Technology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Navigation Satellite System Module with IMU Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Navigation Satellite System Module with IMU Market
Agriculture
Construction
Mining
Aviation
Marine
Industrial Automation
Automobile
Military
Unmanned Aerial Vehicles
Others
Based on Types the Market is categorized into Below types that held the largest Navigation Satellite System Module with IMU market share In 2023.
Consumer-grade IMU
Industrial-grade IMU
Tactical-grade IMU
Navigation-grade IMU
Military-grade IMU
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Navigation Satellite System Module with IMU Market Research Analysis
1. Introduction of the Global Navigation Satellite System Module with IMU Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Navigation Satellite System Module with IMU Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Navigation Satellite System Module with IMU Market, By Type
6. Global Navigation Satellite System Module with IMU Market, By Application
7. Global Navigation Satellite System Module with IMU Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Navigation Satellite System Module with IMU Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/