Press release
Global Fiber Optics Gyroscope Market 2024 Focusing on Current Dynamics, Market Penetration Strategies, Device, Application, Key Vendors EMCORE Corporation, Honeywell International, Inc., Northrop Grumman LITEF GmbH, Optolink LLC., SafranColibrys SA
"Global Fiber Optics Gyroscope Market – Industry Trends and Forecast to 2024"
Global Fiber Optics Gyroscope Market accounted for USD 839.26 million in 2016 and is projected to grow at a CAGR of 3.55% during the forecast period of 2017 to 2024.
Global Fiber Optics Gyroscope Market By Device (Gyrocompass, Inertial Navigation System, Inertial Measurement Unit, Attitude Heading Reference System) Sensing Axis (1 Axis, 2 Axis, 3 Axis) Application (Tactical Grade, Aeronautics & Aviation, Remotely Operated Vehicle Guidance, Defense & Homeland Security, Industrial, Robotics) – Industry Trends and Forecast to 2024
Major Market Drivers:
• Rising adoption of automation and demand of remotely operated vehicles
• Growing expenses related to defense
Market Restraint:
• Rising demand of advanced microelectromechanical systems gyroscopes
• High complexity, high investment and more time consuming
This report consists of below pages:
• No of pages: 350
• No of Figures: 60
• No of Tables: 220
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Report Definition:
A fiber optic gyroscope (FOG) is utilized as a part of detecting the object and gives extremely precise data about the rotational rate. It does perform the functions of mechanical gyroscope. These are used in the application such as surveying, remotely operated vehicle guidance, submerged vehicles, aeronautics and aviation and many other.
Scope of the Report:
On the basis of device, global fiber optics gyroscope market is segmented into gyrocompass, inertial navigation system, inertial measurement unit and attitude heading reference system.
On the basis of sensing axis, global fiber optics gyroscope market is segmented into 1 axis, 2 axis and 3 axis.
On the basis of application, global fiber optics gyroscope market is segmented into tactical grade, aeronautics and aviation, remotely operated vehicle guidance, defense and homeland security, industrial and robotics. Remotely operated vehicle guidance is further sub segmented into unmanned ground vehicle, unmanned underwater vehicle and unmanned aerial vehicle.
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Geographical Segmentation:
The global fiber optics gyroscope market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East and Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Company Share Analysis:
The global fiber optics gyroscope market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Key Players Mentioned:
• EMCORE Corporation
• Honeywell International, Inc.
• Northrop Grumman LITEF GmbH
• Optolink LLC.
• SafranColibrys SA
• Fizoptika Corp.
• KVH Industries, Inc.
• Ixblue SAS
• AL Cielo Inertial Solutions Ltd.
• NedAero Components
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Research Methodology of Global Fiber Optics Gyroscope Market:
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an analyst call or can drop down your inquiry.
Some of the key research methodologies used by DBMR Research team is Vendor Positioning Grid, Technology Life Line Curve, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Company Sales, Multivariate Modeling, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about of research skills drop an inquiry to speak to our industry experts.
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