Press release
Inertial Navigation Systems Market: Segmentation, Major Trends, and Competitive Overview
The inertial navigation systems (INS) market is poised for notable expansion in the coming years, driven by technological advancements and increasing demand across various sectors. As the world embraces autonomous technologies and enhanced navigation tools, this market is set to witness substantial growth and innovation. Here's an in-depth look at the market size, key players, emerging trends, and segmentation details shaping the future of INS.Forecasted Growth and Market Size of the Inertial Navigation Systems Market
The global inertial navigation systems market is anticipated to reach a value of $16.61 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.0%. This upward trajectory is fueled by the rising adoption of INS in autonomous vehicles and drone technologies, along with increased applications in industrial and marine navigation. Advancements in micro-electromechanical systems (MEMS) INS technologies and the integration of artificial intelligence (AI) and sensor fusion techniques are further enhancing navigation precision. Additionally, investments in personal and foot-mounted INS for both military and commercial use are contributing to this steady expansion. Key market trends during this period include growing demand for GPS-denied navigation solutions, wider use in unmanned and autonomous platforms, broadening applications of MEMS-based INS in commercial fields, sensor miniaturization with improved performance, and increased utilization in surveying, mapping, and industrial automation.
Download a free sample of the inertial navigation systems market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=25355&type=smp
Significant Companies Influencing the Inertial Navigation Systems Marketplace
Several prominent firms dominate the INS market landscape, including Robert Bosch GmbH, RTX Corporation, Northrop Grumman Corporation, Honeywell International Inc., Safran SA, Thales Group, Parker Hannifin Corporation, TDK Corporation, STMicroelectronics N.V., Teledyne Technologies Inc., Trimble Inc., Moog Inc., MEMSIC Inc., iMAR Navigation GmbH, VectorNav Technologies LLC, Oxford Technical Solutions Ltd., SBG Systems S.A.S., Inertial Labs Inc., Point One Navigation, and Tersus GNSS Inc. A recent strategic move in this arena took place in March 2024 when Honeywell International Inc., a US-based provider of integrated automation and software solutions, acquired Civitanavi Systems S.p.A. for €200 million ($226 million). This acquisition is designed to bolster Honeywell's capabilities in delivering high-precision inertial navigation solutions while solidifying its position within the autonomous technology landscape spanning aerospace, defense, and industrial sectors. Civitanavi Systems, headquartered in Italy, specializes in the development and commercialization of inertial navigation and stabilization systems.
Emerging Trends Highlighting Innovation in the Inertial Navigation Systems Market
Leading industry players are concentrating efforts on creating innovative inertial navigation solutions, particularly tailored for maritime applications. Maritime INS provide a self-contained navigation method for ships and submarines, enabling them to determine position, velocity, and orientation without depending on external aids like GPS. A notable example is the January 2025 launch of the ANELLO Maritime INS by US-based ANELLO Photonics, a company focused on silicon photonics optical gyroscope technology. This cutting-edge navigation system significantly improves marine operations in environments where GPS signals are absent or susceptible to spoofing. The ANELLO Maritime INS incorporates advanced SiPhOG (Silicon Photonics Optical Gyroscope) technology, delivering precise and reliable performance critical for challenging maritime conditions. This innovation highlights a growing commitment to enhancing navigation reliability in demanding settings.
View the full inertial navigation systems market report:
https://www.thebusinessresearchcompany.com/report/inertial-navigation-systems-global-market-report
Detailed Market Segmentation Covered in the Inertial Navigation Systems Report
The inertial navigation systems market report is structured across several key segments as follows:
1) Component Type:
- Accelerometers
- Gyroscopes
- Other Components
2) Technology:
- Mechanical Gyro
- Ring Laser Gyro
- Fiber Optics Gyro
- Micro-Electro-Mechanical Systems (MEMS)
- Other Technologies
3) Grade Classification:
- Aircraft Grade
- Marine Grade
- Space Grade
- Tactical Grade
- Other Grades
4) Application Areas:
- Space Launch Vehicles
- Unmanned Ground Vehicles
- Missiles
- Unmanned Aerial Vehicles
- Aircraft
- Military Armored Vehicles
- Marine Vessels
- Unmanned Marine Vehicles
5) End User Industries:
- Automotive
- Commercial Aviation
- Marine
- Military and Defense
The report also dives into subsegments for finer categorization:
- Accelerometers include mechanical, MEMS, fiber optic, ring laser, and quartz types.
- Gyroscopes are divided into mechanical, MEMS, ring laser gyroscopes (RLG), fiber optic gyroscopes (FOG), hemispherical resonator gyroscopes (HRG), and dynamically tuned gyroscopes (DTG).
- Other components cover magnetometers, navigation processors, inertial measurement units (IMUs), zGPS receivers, and control systems.
This comprehensive segmentation provides a detailed understanding of the inertial navigation systems market's breadth and depth across technology, applications, and industries.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Inertial Navigation Systems Market: Segmentation, Major Trends, and Competitive Overview here
News-ID: 4355079 • Views: …
More Releases from The Business Research Company
Future Perspectives: Key Trends Shaping the Marine Autopilot System Market Until …
The marine autopilot system market is gaining considerable traction as advancements in technology and growing demand for automation in maritime navigation continue to accelerate. This sector is evolving rapidly, driven by innovations that improve vessel efficiency, safety, and operational capabilities. Let's explore the current market size, key players, emerging trends, and important segments shaping this industry's trajectory.
Projected Expansion of the Marine Autopilot System Market by 2030
The marine autopilot system…
Emerging Sub-Segments Transforming the Landscape of the Lunar Energy Harvesting …
Exploring the future of energy supply beyond Earth reveals exciting potential in capturing and utilizing power from the Moon. As space exploration and lunar activities accelerate, the market for lunar energy harvesting is set to expand dramatically. This overview dives into the market's projected growth, leading companies, key trends, and core segments shaping this innovative field.
Projection of Market Growth in Lunar Energy Harvesting by 2030
The lunar energy harvesting industry…
Market Trend Insights: The Impact of Recent Advances on the Long Range Radar Sys …
The long range radar systems market is set for robust expansion in the coming years as technological advancements and evolving defense needs continue to drive demand. This sector is experiencing a surge in innovation aimed at enhancing detection capabilities and operational efficiency, positioning it for significant growth through 2030 and beyond. Let's explore the market size forecasts, key growth drivers, prominent players, emerging trends, and detailed segmentation within this dynamic…
Emerging Sub-Segments Transforming the Light Detection and Ranging (LiDAR) Drone …
The Light Detection and Ranging (LiDAR) drone market is set for remarkable expansion over the coming years, driven by technological advances and expanding use cases across various industries. With growing interest in applications ranging from autonomous vehicles to environmental monitoring, this sector is poised to achieve impressive growth by 2030. Below, we explore the market size, key players, prevailing trends, and detailed segment analysis shaping the future of LiDAR drones.
Projected…
More Releases for Navigation
Innovative Navigation Satellites Driving Advancements In Space-Based Navigation …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Space-Based Navigation Control Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market for space-based navigation control has experienced significant growth. Current predictions estimate an increase from $5.16 billion in 2024 to $5.57 billion in 2025, indicating a compound annual growth rate…
Navigation Satellite Chip Market
Navigation Satellite Chip Market Overview
The navigation satellite chip is a highly integrated chip that integrates 32-channel GPS positioning, GSM voice, and GPRS data communications. Its function is to receive positioning information sent by navigation satellites. It is used in my country's Beidou satellite navigation and positioning system. As the core baseband processing chip of end-user computers, it can realize the integration of precise timing, navigation and positioning, remote control, voice…
GPS Navigation Software Market Is Booming Worldwide : Magellan Navigation, Googl …
Advance Market Analytics published a new research publication on "GPS Navigation Software Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the GPS Navigation Software market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample…
BeiDou Navigation Satellite System Market 2019 Growth Factors - Beijing BDStar N …
Recent market research study Global BeiDou Navigation Satellite System Market 2019 Forecast to 2024 now available with MRInsights.biz provides a comprehensive market analysis based on past and current situation of the market. The report covers future trends, current growth drivers, thoughtful insights, facts, market valuation, competitive spectrum, regional share, and revenue predictions. The report shows the market size, share, business growth enhancers, and obstructers, prior and current trends being followed…
Navigation Systems Market Forecast to 2025 - Demand in Robotic Navigation, Autom …
Navigation Systems Market by Applications for Marine, Aviation, Transportation and Military to 2024 - Study on Status and Future Forecast. Download Free PDF Brochure of Navigation Systems Market Research Now at https://www.reportsnreports.com/contacts/requestsample.aspx?name=2039332 .
Demand for navigation systems surged, especially in the aftermarket where varied economical options were available to the consumers. The market for in-dash navigation systems has seen significant changes as well. The feature which was available as a part…
Global Navigation Satellite System Market 2017 : Qualcomm, Trimble Navigation, B …
Global Navigation Satellite System Market 2016-2017
A market study based on the " Navigation Satellite System Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Navigation Satellite System Market 2017’. The research report analyses the historical as well as present performance of the worldwide Navigation Satellite System industry, and makes predictions on the future status of Navigation Satellite System market on the basis of…
