Press release
Global Inertial Navigation System Market Size & Trends
According to a new market research report published by global market estimates, the global inertial navigation system market is projected to grow at a CAGR of 6% from 2023 to 2028.The rise in autonomous vehicles, improvements in MEMS technology, increased use in robotics and industrial automation, improvements in sensor fusion techniques, and expanding use in virtual and augmented reality are some of the factors propelling the inertial navigation system market.
Browse 147 Market Data Tables and 115 Figures spread through 163 Pages and in-depth TOC on "Global Inertial Navigation System Market - Forecast to 2028'' https://www.globalmarketestimates.com/market-report/inertial-navigation-system-market-4353
By Technology (Mechanical Gyro, Fiber Optics Gyro, Ring Laser Gyro, MEMS, and Others), By Component (Accelerometers, Gyroscopes, Algorithms Processors, and Wireless), By Grade (Marine Grade, Tactical Grade, Navigation Grade, Commercial Grade, and Space Grade), By Application (Aircraft, Missiles, Space Launch Vehicles, Marine, Military Armoured Vehicles, Unmanned aerial Vehicles, Unmanned Ground Vehicles, and Others), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis
Key Market Insights
• As per the technology outlook, the MEMS is expected to be the largest segment in the global inertial navigation system market from 2023 to 2028.
• As per the component outlook, gyroscope is expected to be the largest segment in the global Inertial navigation system market from 2023 to 2028.
• Asia Pacific region is analyzed to be the fastest-growing region in the market.
• North America is expected to hold the largest share in the market during the forecast period of 2023-2028.
• VectorNav Technologies, LLC, Honeywell International Inc., Northrop Grumman, SBG Systems, Inertial Labs, Inc., Movella Inc., iXblue, Murata Manufacturing Co., Ltd., Parker Hannifin Corp, and HEXAGON are some of the key players in the global Inertial Navigation System market.
By Technology Outlook (Revenue, USD Billion, 2023-2028)
• Mechanical Gyro
• Fibre Optics Gyro
• Ring Laser Gyro
• MEMS
• Others
By Component Outlook (Revenue, USD Billion, 2023-2028)
• Accelerometers
• Gyroscopes
• Algorithms Processors
• Wireless
By Grade Outlook (Revenue, USD Billion, 2023-2028)
• Marine Grade
• Tactical Grade
• Navigation Grade
• Commercial Grade
• Space Grade
By Application Outlook (Revenue, USD Billion, 2023-2028)
• Aircraft
• Missiles
• Space Launch Vehicles
• Marine
• Military Armoured Vehicles
• Unmanned aerial Vehicles
• Unmanned Ground Vehicles
• Others
By Regional Outlook (Revenue, USD Billion, 2023-2028)
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• U.K.
• France
• Spain
• Italy
• Netherlands
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Thailand
• Indonesia
• Malaysia
• Singapore
• Vietnam
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Chile
• Rest of CSA
Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• South Africa
• Rest of MEA
Unlock the Executive Summary of the report at only USD 249. Book a call now: https://tidycal.com/yashsushiljain/unlock-strategic-insights
Contact: Yash Jain
Director- Global Accounts & Strategic Advisory
Email address: yash.jain@globalmarketestimates.com
Phone Number: +1 6026667238
Website: www.globalmarketestimates.com
B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India
Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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