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Inertial Navigation System Market, by Application (Aircraft, Missiles, Space Launch Vehicles, Marine, Military Armored Vehicles, Unmanned Aerial Vehicles, Unmanned Ground Vehicle, Unmanned Marine Vehicles), Technology (Mechanical Gyro, Ring Laser Gyro, Fiber Optics Gyro, MEMS, Others), Grade (Marine Grade, Navigation Grade, Tactical Grade, Space Grade, Commercial Grade), Component (Accelerometers, Gyroscopes, Algorithms & Processors, Wireless) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

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Inertial navigation systems are mainly used in space, commercial vehicles, high-end defense, and naval applications. With the help of systems based on computers and motion sensors such as accelerometers and gyroscopes, inertial navigation systems do dead rocking positioning of an object. Such kinds of systems are used in direction-finding applications, where performance and accuracy are quite important along with the cost and size. The global market for inertial navigation system is anticipated to observe prominent growth over the forecast period owing to growing technological advancement concerning to navigation systems. Modernization has led to the technological introduction of latest advancements in naval applications and military like ring laser gyro (RLG), fiber optic gyro (FOG), and micro-electro-mechanical systems (MEMS) that have offered small and light inertial navigation systems.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the inertial navigation system market. The scope of this report covers the inertial navigation system market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • The global market for inertial navigation systems is driven by certain factors such as growing aerospace market, technology based advancements in navigation, availability of small and robust components. There are several other factors contributing market growth of inertial navigation system globally includes latest technology based advancements in micro-electro-mechanical system as well as usage of satellite navigation.
  • With the usage of micro-electro-mechanical system, manufactures have started developing more efficient and cost-effective solutions results in small, light, and low-cost systems for navigation.
  • Augmented market demand and aircraft as well as missiles production around the globe and growing market demand for reliable and accurate navigation are major factors anticipated to fuel the global market for inertial navigation system.

Regionally, the global inertial navigation system market is segmented into Asia-Pacific, Latin America, Europe, North America, and Middle East & Africa. Among these, Europe and North America region is holding maximum market share and the dominance of these regions is anticipated to continue in the years to come due to huge investments in warships and naval vessels as well as defense aircraft. In terms of market share, Asia Pacific and the Middle East region together hold the second position which can result in the launch of various programs on such systems. Several countries are interested in doing huge investments defense sector for strengthening their forces. The global market for inertial navigation systems is holding greater potential opportunities in such applications.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s inertial navigation system market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the inertial navigation system market by the following segments:

  • Inertial Navigation System Market, by Application
    • Aircraft
    • Missiles
    • Space Launch Vehicles
    • Marine
    • Military Armored Vehicles
    • Unmanned Aerial Vehicles
    • Unmanned Ground Vehicles
    • Unmanned Marine Vehicles
  • Inertial Navigation System Market, by Technology
    • Mechanical Gyro
    • Ring Laser Gyro
    • Fiber Optics Gyro
    • MEMS
    • Others
  • Inertial Navigation System Market, by Grade
    • Marine Grade
    • Navigation Grade
    • Tactical Grade
    • Space Grade
    • Commercial Grade
  • Inertial Navigation System Market, by Component
    • Accelerometers
    • Gyroscopes
    • Algorithms & Processors
    • Wireless

KEY MARKET PLAYERS

Key players in the inertial navigation system market include:

  • Honeywell International Inc.
  • Northrop Grumman Corporation
  • Safran Electronics & Defense
  • Thales Group
  • The Raytheon Company
  • General Electric Company
  • Rockwell Collins, Inc.
  • Teledyne Technologies, Inc.
  • Vectornav Technologies, LLC
  • Lord Microstrain

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

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  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Technology Roadmap
  5. INERTIAL NAVIGATION SYSTEM MARKET, BY APPLICATION
    1. Segment Share
    2. By Application
      1. Aircraft
      2. Missiles
      3. Space Launch Vehicles
      4. Marine
      5. Military Armored Vehicles
      6. Unmanned Aerial Vehicles
      7. Unmanned Ground Vehicles
      8. Unmanned Marine Vehicles
  6. INERTIAL NAVIGATION SYSTEM MARKET, BY TECHNOLOGY
    1. Segment Share
    2. By Technology
      1. Mechanical Gyro
      2. Ring Laser Gyro
      3. Fiber Optics Gyro
      4. MEMS
      5. Others
  7. INERTIAL NAVIGATION SYSTEM MARKET, BY GRADE
    1. Segment Share
    2. By Grade
      1. Marine Grade
      2. Navigation Grade
      3. Tactical Grade
      4. Space Grade
      5. Commercial Grade
  8. INERTIAL NAVIGATION SYSTEM MARKET, BY COMPONENT
    1. Segment Share
    2. By Component
      1. Accelerometers
      2. Gyroscopes
      3. Algorithms & Processors
      4. Wireless
  9. INERTIAL NAVIGATION SYSTEM MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Application
      3. By Technology
      4. By Grade
      5. By Component
    3. Europe
      1. By Region
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Application
      3. By Technology
      4. By Grade
      5. By Component
    4. Asia-Pacific
      1. By Region
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Application
      3. By Technology
      4. By Grade
      5. By Component
    5. Middle East & Africa
      1. By Region
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Application
      3. By Technology
      4. By Grade
      5. By Component
    6. Latin America
      1. By Region
        1. Brazil
        2. Rest of Latin America
      2. By Application
      3. By Technology
      4. By Grade
      5. By Component
  10. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
    2. Key Innovators
  11. KEY MARKET PLAYERS
    1. Honeywell International Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. Northrop Grumman Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments
    3. Safran Electronics & Defense
      1. Overview
      2. Key Strategies
      3. Key Developments
    4. Thales Group
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. The Raytheon Company
      1. Overview
      2. Key Strategies
      3. Key Developments
    6. General Electric Company
      1. Overview
      2. Key Strategies
      3. Key Developments
    7. Rockwell Collins, Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments
    8. Teledyne Technologies, Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments
    9. Vectornav Technologies, LLC
      1. Overview
      2. Key Strategies
      3. Key Developments
    10. Lord Microstrain
      1. Overview
      2. Key Strategies
      3. Key Developments
  12. SCALAR 360 DEGREE MARKET PERSPECTIVE
  13. APPENDIX
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