Coronavirus News

Inertial Navigation System Market 2020-2024 / Share, Trends, Growth, Opportunities and Top Key

Global Inertial Navigation System (INS) Market is estimated to reach $14.7 billion by 2025; growing at a CAGR of 5.5% from 2017 to 2025. Inertial navigation system (INS) is a navigation aid that uses a computer with reference to computation process which is used to control initial velocity and position, a, and of a moving object irrespective of external positions. It uses accelerometers and gyroscopes to continue an estimation of the velocity, position, and rates of the automobile in which the INS carried, which could be a land vehicle, spacecraft, aircraft, missile, surface ship and submarine.

INS technology used stable platform techniques, in this system, the inertial sensors are installed on a constant stage and mechanically isolated from the rotating motion of the vehicle. INS systems provide better systems integrity and allow the navigation system to coast through short GPS outages with high accuracies. It uses motion and rotation sensors along with a computer to figure out the position, orientation, and speed of movement of a vehicle.

Download Sample of This Strategic Report:

Rising demand for aircraft, increased demand for missiles owing to geopolitical variabilities, and growing need for accuracy in navigation are the driver propelling the growth of the market. In addition, advancements in technologies for navigation, rising aerospace market have also stimulated the market growth. However, decline in defense finances of developed countries, and system initializations may hamper the market growth. Moreover, integration with other systems, and growth of commercial self-driving vehicles are expected to equally influence the overall growth of market during the forecast period.

Application, technology, grade, component, and geography are the segmentation of the global inertial navigation system (INS) market. Application segment is classified into aircraft, missiles, space launch vehicles, marine, military armored vehicles, unmanned aerial vehicles, unmanned ground vehicles, and unmanned marine vehicles. Technology segment comprises mechanical gyro, ring laser gyro, fiber optics gyro, mems, and others. Grade segment is categorized into marine grade, navigation grade, tactical grade, space grade, and commercial grade. By component, the market is segmented into accelerometers, gyroscopes, algorithms & processors, and wireless.

Based on geography, the global inertial navigation system (INS) market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S. and Canada whereas Europe consists of UK, Germany, France, Russia, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

Prominent players operating in the market include Honeywell International Inc., Northrop Grumman Corporation, Safran Electronics & Defense, Thales Group, The Raytheon Company, GENERAL ELECTRIC, Rockwell Collins, Teledyne Technologies Incorporated, VectorNav Technologies, LLC, and LORD MicroStrain, among others.

Request For Full Report:

The key takeaways from the report:
The report will provide detailed analysis of Global Inertial Navigation System (INS) Market with respect to major segments such as application, technology, grade, component, and geography.

The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025

Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Inertial Navigation System (INS) Market has been included in the report

Profile of the key players in the Global Inertial Navigation System (INS) Market will be provided, which include key financials, product & services, new developments and business strategies

Scope of Global Inertial Navigation System (INS) Market:
Application Segments
Civil Helicopters
Military Helicopters
Space Launch Vehicles
Merchant Ships
Naval Ships
Military Armored Vehicles
Unmanned Aerial Vehicles
Naval Ships
Unmanned Ground Vehicles
Unmanned Marine Vehicles
Technology Segments
Mechanical Gyro
Ring Laser Gyro
Fiber Optics Gyro
Grade Segments
Marine Grade
Navigation Grade
Tactical Grade
Space Grade
Commercial Grade
Component Segments
Algorithms & Processors

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Kenneth Research

Email : [email protected]

Phone: +1 313 462 0609