High-end Inertial Systems Market Projected to Reach USD 4.12 Billion at 5.42% CAGR Till 2023 | Honeywell Aerospace, Northrop Grumman, Bosch Sensortec GmbH, Analog Devices, Thales, Rockwell Collins, Fairchild Semiconductor, STMicroelectronics NV

Marketprognosis.com Publish a New Market Research Report On “Global High-end Inertial Systems Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global High-end Inertial Systems Market:

The Global High-end Inertial Systems Market was valued at USD 3 Billion in 2017, and is expected to reach USD 4.12 Billion by 2023, registering a CAGR of 5.42%, over the forecast period (2018-2023).

High-end inertial systems comprise high-performance variants of accelerometers, gyroscopes, and multi-axes integrated systems like inertial measurement units (IMU). IMUs consist of a combination of accelerometers, gyroscopes, magnetometers, and processing units. High-end inertial systems can be differentiated based on grade using performance metrics and end-user applications. Low-grade applications include commercial grade systems, such as video games, smartphones, and portable devices, while the high-grade applications include military, defense, and navigation units that need high accuracy and performance.

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Emergence of MEMS Technology is driving the Market; MEMS technology has brought about a paradigm shift in the evolution of high-end inertial systems. The traditional range of inertial systems was burdened by high costs and sizes. However, MEMS techniques have been able to reduce the size, power consumption, and costs of these systems considerably by increasing the surface volume density. MEMS IMUs are being fabricated on planar substrates, leading to a marginal decrease in sizes and costs.

Navigation High-end Accelerometers Occupy the Largest Market Share; High-end accelerometers for navigational grade applications comprise guidance systems, range finding devices, aeronautics, and stabilization units. Conventional guidance systems operate within a working range of 5 g, with a bias stability range of 6-20 mg. On the other hand, aeronautics navigational systems operate with a greater working range of 2-15 g, with a bias stability of around 1 mg. High-end accelerometers are also deployed in stabilization systems with a working range of 2 g and a bias stability of less than 2 mg.

Regionally, North America held the highest share of both high-end IMU and accelerometers in 2017. The primary demand for high-end inertial systems is observed in the maritime sector and the aircraft industry, for both commercial and defense purposes. The United States allocates the maximum budget for defense spending. Nonetheless, the decrease in military spending is expected to be off-set by steady growth in aerospace and land-based applications in the United States. A strong increase in the production of helicopters and commercial aircrafts drives the market for high-end inertial systems. The huge aerospace industry of the United States exports more than 60% of the total aerospace production. Many foreign firms are attracted to the United States aerospace market as it is the largest in the world, employing a skilled and hospitable workforce, with diverse offerings and extensive distribution systems.

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Major Key Players:

1 Honeywell Aerospace Inc

2 Northrop Grumman Corporation

3 Bosch Sensortec GmbH

4 Analog Devices Inc.

5 Thales Group

6 Rockwell Collins Inc.

7 Moog Inc.

8 Fairchild Semiconductor

9 VectorNav Technologies

10 STMicroelectronics NV

11 Safran Group (SAGEM) and More………….

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This study answers to the below key questions:

1 What are the key market trends?

2 What will the market size be in 2023 and what will the growth rate be?

3 What are the strengths and weaknesses of the key vendors?

4 Who are the key vendors in this market space?

5 What is driving this market?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the challenges to market growth?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of High-end Inertial Systems Market.

Table of Contents:

1 Introduction

2 Executive Summary

3 Market Dynamics

4 Technology Snapshot

5 Global High-End Inertial Systems Market Segmentation

6 Competitive Intelligence - Company Profiles

7 Investment Analysis

8 Future of High-End Inertial Systems Market

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