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Inertial Navigation System Market Size, Trends & Forecasts | Valuates Reports
Inertial Navigation System Market SizeThe global market for Inertial Navigation System was valued at US$ 11680 million in the year 2024 and is projected to reach a revised size of US$ 15520 million by 2031, growing at a CAGR of 4.2% during the forecast period.
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Asia-Pacific market for Inertial Navigation System is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global market for Inertial Navigation System in Aircraft is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Inertial Navigation System include Honeywell International, Northrop Grumman Corporation, Safran Electronics & Defense, Thales Group, The Raytheon Company, General Electric Company, Rockwell Collins, Teledyne Technologies, VectroNav Technologies, LORD MicroStrain, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Inertial Navigation System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Inertial Navigation System.
By Type
• Mechanical Gyro
• Ring Laser Gyro
• Fiber Optics Gyro
• MEMS
By Application
• Aircraft
• Missiles
• Space Launch Vehicles
• Marine
• Military Armored Vehicles
• Unmanned Aerial Vehicles
• Unmanned Ground Vehicles
• Unmanned Marine Vehicles
Key Companies
Honeywell International, Northrop Grumman Corporation, Safran Electronics & Defense, Thales Group, The Raytheon Company, General Electric Company, Rockwell Collins, Teledyne Technologies, VectroNav Technologies, LORD MicroStrain, Trimble Navigation
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