Fiber Optic Gyroscope Market Will Emerge Globally and Grow with 4.8% of CAGR by 2027

According to our latest market study on “Fiber Optic Gyroscope Market Forecast to 2027 – COVID-19 Impact and Global Analysis,” the market was valued at US$ 926.82 million in 2019, and it is expected to grow at a CAGR of 4.8% during 2020–2027 to reach US$ 1,330.19 million by 2027.

The benefits of fiber optic gyroscopes such as high rotational rate, no moving parts, and higher resolution over other alternatives, such as mechanical gyroscopes and ring laser gyroscope, are driving their adoption in the aerospace & defense, and industrial sectors. Further, the rising military expenditure worldwide owing to increasing geopolitical tension among major countries such as China, India, and Japan, coupled with surging use of these gyroscopes in remotely operated vehicles guidance applications, is further fuelling the fiber optic gyroscope market growth.

Get Sample Report of Fiber Optic Gyroscope Market Report @ https://bit.ly/3n7npiY

(*If you have any special requirements, please let us know and we will offer you the report as you want.)

The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Fiber Optic Gyroscope market. The researcher provides an extensive analysis of the Fiber Optic Gyroscope market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

Fiber Optic Gyroscope Market – Company Profiles
• Advanced Navigation
• Cielo inertial Solutions Ltd.
• iXblue
• EMCORE Corporation
• FIZOPTIKA
• Honeywell International Inc.
• KVH Industries, Inc.
• NEDAERO
• Optolink
• Safran S.A

Fiber optic gyroscopes are used in aircraft, helicopters, and remotely operated vehicles for sight stabilization, gun stabilization, missile stabilization, antenna stabilization, and camera stabilization, among other applications. In addition to these applications in the aerospace & defense industry, these gyroscopes are also being used in industrial and robotics applications, including optics or RF antenna stabilization, and ground vehicle, robot, and training simulator stabilization. These gyroscopes use Sagnac effect and have no moving parts, which makes them highly suitable for high-shock applications, complex space applications, fiber optic gyrocompasses, missile inertial navigation systems, remotely operated and autonomous vehicles, and surveying equipment. Benefits of fiber optic gyroscopes such as high rotational rate, no moving parts, and higher resolution over other alternatives—such as mechanical gyroscopes and ring laser gyroscopes—are driving their adoption in aerospace & defense, and industrial sectors.

The research on the Fiber Optic Gyroscope market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Fiber Optic Gyroscope market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Fiber Optic Gyroscope market.

The global fiber optic gyroscope market has been segmented as follows:

Fiber Optic Gyroscope Market – by Sensing Axis
• 1-Axis
• 2-Axis
• 3-Axis

Fiber Optic Gyroscope Market – by Device
• Gyrocompass
• Inertial Measurement Unit
• Inertial Navigation System
• Attitude Heading Reference System

Fiber Optic Gyroscope Market – by Application
• Remotely Operated Vehicle Guidance
• Aeronautics and Aviation
• Robotics
• Industrial
• Defense and Homeland Security
• Tactical Grade Applications

Fiber Optic Gyroscope Market – by Region

• North America
o US
o Canada
o Mexico

• Europe
o Germany
o France
o Italy
o UK
o Russia
o Rest of Europe

• Asia Pacific (APAC)
o Australia
o China
o India
o Japan
o South Korea
o Rest of APAC

• Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o UAE
o Rest of MEA

• South America (SAM)
o Brazil
o Argentina
o Rest of SAM

Interested in purchasing this Report? Click here @ https://bit.ly/3l2WX8d

Thanks for reading this release; you can also customize this report to get select chapters or region-wise coverage with regions such as Asia, North America, and Europe.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defence.

This release was published on openPR.