Press release
Fiber Optic Gyros (FOGs) Market 2022 Opportunities, Key Players, Competitive and Regional Analysis to 2027- Honeywell, KVH, Norhrop Grumman,
The report provides a strategic analysis of the Global Fiber Optic Gyros (FOGs) Market and the growth estimates for the forecast period 2022 to 2027. The report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. This report focuses on the major drivers, restraints, opportunities, and threats for key players. Also report focuses on Fiber Optic Gyros (FOGs) Market Trends, volume, and value at the global level, regional level, and company level.The Fiber Optic Gyros (FOGs) Market is expected to register a CAGR of 5.8% over the forecast period 2022 – 2027.
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Top companies operating in the Global Fiber Optic Gyros (FOGs) market profiled in the report are:
Honeywell, KVH, Norhrop Grumman, Sentech Malta FP, iXblue, EMCORE, Luna, NEDAERO, NYFORS, GEM elettronica, Hitachi
Industry News:
July 2020 - KVH Industries, Inc., announced that it has received a new order with a net value of more than USD 10 million for its TACNAV tactical navigation systems for use by an international military customer. KVH’s fiber optic gyro (FOG)-based TACNAV systems are designed to provide unjammable inertial navigation data that fills in the gaps when GNSS is lost or unavailable, helping to keep soldiers and missions on track.
Market Segmentation by Types covers:
Interferometric FOG
Resonant FOG
Stimulated Brillouin Scattering FOG
Market Segmentation by Applications covers:
Aerospace & Defense
Ship Industry
Automobile Navigation
Mining
Others
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Asia-Pacific to Witness a Significant Growth Rate
The Asia Pacific will experience a prominent market growth in the coming years due to some emerging economies that have increased their defense budget. China and Japan are two emerging countries with a huge demand for fiber optics gyroscopes in the Asia Pacific region. Other factors that attribute to this growth are the large population base, increased number of R&D activities, rapid industrialization, and high investment for the improvement of the sensors.
Moreover, as Japan is well known as the automobile industry's manufacturing hub, driverless vehicles' new development plan is giving rise to the adoption of fiber-optic-gyroscopes. Furthermore, the increased enforcement of regulations from countries like China, Japan, and South Korea, has encouraged companies to invest. Thus, end-user companies are willing to invest in the measurement of orientation in several device monitoring systems for their safety, encouraging market growth.
Regional Analysis for Fiber Optic Gyros (FOGs) Market:
North America, Latin America, Asia-Pacific, Africa, Europe, and others have been studied at length based on various parameters of businesses such as type, size, application, and end-users. The global Fiber Optic Gyros (FOGs) Market is presented for niche reading. The report presents portfolios of different strategies and the best practices governing businesses. Some applicable sales methodologies have been included in this research report, that could influence business output.
Major Points Covered in Table of Content:
Chapter 1: Fiber Optic Gyros (FOGs) Market Overview
Chapter 2: Analysis of Strategies of Leading Players of Fiber Optic Gyros (FOGs) Market
Chapter 3: Study on Key Market Trends
Chapter 4: Fiber Optic Gyros (FOGs) Market Forecasts
Chapter 5: Regional Growth Analysis of Fiber Optic Gyros (FOGs) Market
Chapter 6: Market Analysis
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Key Reasons to Purchase:
– To gain understanding analyses of the Fiber Optic Gyros (FOGs) Market and have a comprehensive understanding of the global market and its commercial landscape.
– To understand the most affecting driving and restraining forces in the market and their impact on the global market.
– To understand the future outlook and prospects for the Fiber Optic Gyros (FOGs) Market.
– To know the Key market trends across the business segments, Regions, and Countries.
– To analyze competitive growths such as new product launches, agreements, and share in the market.
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