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Market Research Report
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1045702

Global Inertial Navigation System (INS) Market is segmented by End-user Industry (Aerospace and Defense, Automotive, Marine, Industrial), Regional Forecasts 2021-2027

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

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Global Inertial Navigation System (INS) Market is segmented by End-user Industry (Aerospace and Defense, Automotive, Marine, Industrial), Regional Forecasts 2021-2027
Published: January 10, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
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Description

Global Inertial Navigation System Market is valued approximately at USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.55% over the forecast period 2021-2027. Inertial Navigation Systems are used as a navigational aid based on the dead reckoning technique, which determines the initial location, attitude, and velocity of a moving object without the assistance of external references. The attribute of inertia is the ability of an object to retain a constant rotational and transactional velocity in the absence of torques or forces. The inertial navigation system market is being boosted by new investments in military and marine applications. The market is expected to be driven by the growing aerospace sector and technical developments in navigation systems. According to the Association for Unmanned Vehicle Systems International, the US military has proposed spending USD 9.6 billion on unmanned vehicle systems in 2019 (a 28 percent increase over the previous year). Furthermore, increasing product launches by private players boost the market growth of inertia navigation system. For instance, Honeywell International Inc. introduced two new inertial measurement units in September 2019 to enable navigation in a small, lightweight design without reducing cost. It can survive almost any sort of atmosphere, whether it's in the air, on land, or under water. These IMUs may be used in a variety of applications, including robotics, surveying and mapping, unmanned vehicles, and transportation. However, Decline in Defence Budgets of Developed Countries, may impede market growth over the forecast period of 2021-2027.

The North American market is expected to take up a majority of the overall market. The defence industry has a significant demand for inertial systems in the region, since it has to deliver precise navigation and location information to combat platforms while on operations. There is also a demand for inertial systems in the US maritime sector, primarily owing to the renewed emphasis on oil exploration activities.

Major market player included in this report are:

Trimble Navigation Ltd. (US)

Honeywell International Inc.

Oxford Technical Solutions Ltd

Northrop Grumman Corporation

Lord Microstrain

Novatel Inc

MEMSIC Inc.

Tersus GNSS Inc.

Aeron Systems Pvt. Ltd

Inertial Sense LLC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By End user Industry:

Aerospace and Defense

Marine

Automotive

Industrial

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027.

Target Audience of the Global Inertial Navigation System Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
    • 1.2.1. Inertial Navigational Systems Market, by Region, 2019-2027 (USD Billion)
    • 1.2.2. Inertial Navigational Systems Market, by End user industry, 2019-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Inertial Navigational Systems Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Inertial Navigational Systems Market Dynamics

  • 3.1. Inertial Navigational Systems Market Impact Analysis (2019-2027)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Increase in Military & Defence Spending
      • 3.1.1.2. Increasing Demand for Accuracy in Navigation
    • 3.1.2. Market Restraint
      • 3.1.2.1. Decline in Defence Budgets of Developed Countries
      • 3.1.2.2. Operational Complexity Associated With High-End Ins
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Development of Commercial Driverless Vehicles
      • 3.1.3.2. Technological Advancements in MEMS-Based Ins

Chapter 4. Global Inertial Navigational Systems Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Inertial Navigational Systems Market, by End user industry

  • 5.1. Market Snapshot
  • 5.2. Global Inertial Navigational Systems Market by End user industry, Performance - Potential Analysis
  • 5.3. Global Inertial Navigational Systems Market Estimates & Forecasts by End user industry 2018-2027 (USD Billion)
  • 5.4. Inertial Navigational Systems Market , Sub Segment Analysis
    • 5.4.1. Aerospace and Defence
    • 5.4.2. Marine
    • 5.4.3. Automotive
    • 5.4.4. Industrial

Chapter 6. Global Inertial Navigational Systems Market, Regional Analysis

  • 6.1. Inertial Navigational Systems Market , Regional Market Snapshot
  • 6.2. North America Inertial Navigational Systems Market
    • 6.2.1. U.S. Inertial Navigational Systems Market
      • 6.2.1.1. End User industry breakdown estimates & forecasts, 2018-2027
    • 6.2.2. Canada Inertial Navigational Systems Market
  • 6.3. Europe Inertial Navigational Systems Market Snapshot
    • 6.3.1. U.K. Inertial Navigational Systems Market
    • 6.3.2. Germany Inertial Navigational Systems Market
    • 6.3.3. France Inertial Navigational Systems Market
    • 6.3.4. Spain Inertial Navigational Systems Market
    • 6.3.5. Italy Inertial Navigational Systems Market
    • 6.3.6. Rest of Europe Inertial Navigational Systems Market
  • 6.4. Asia-Pacific Inertial Navigational Systems Market Snapshot
    • 6.4.1. China Inertial Navigational Systems Market
    • 6.4.2. India Inertial Navigational Systems Market
    • 6.4.3. Japan Inertial Navigational Systems Market
    • 6.4.4. Australia Inertial Navigational Systems Market
    • 6.4.5. South Korea Inertial Navigational Systems Market
    • 6.4.6. Rest of Asia Pacific Inertial Navigational Systems Market
  • 6.5. Latin America Inertial Navigational Systems Market Snapshot
    • 6.5.1. Brazil Inertial Navigational Systems Market
    • 6.5.2. Mexico Inertial Navigational Systems Market
  • 6.6. Rest of The World Inertial Navigational Systems Market

Chapter 7. Competitive Intelligence

  • 7.1. Top Market Strategies
  • 7.2. Company Profiles
    • 7.2.1. Trimble Navigation Ltd. (US)
      • 7.2.1.1. Key Information
      • 7.2.1.2. Overview
      • 7.2.1.3. Financial (Subject to Data Availability)
      • 7.2.1.4. Product Summary
      • 7.2.1.5. Recent Developments
    • 7.2.2. Honeywell International Inc.
    • 7.2.3. Oxford Technical Solutions Ltd
    • 7.2.4. Northrop Grumman Corporation
    • 7.2.5. Lord Microstrain
    • 7.2.6. Novatel Inc
    • 7.2.7. MEMSIC Inc.
    • 7.2.8. Tersus GNSS Inc.
    • 7.2.9. Aeron Systems Pvt. Ltd
    • 7.2.10. Inertial Sense LLC

Chapter 8. Research Process

  • 8.1. Research Process
    • 8.1.1. Data Mining
    • 8.1.2. Analysis
    • 8.1.3. Market Estimation
    • 8.1.4. Validation
    • 8.1.5. Publishing
  • 8.2. Research Attributes
  • 8.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Inertial Navigational Systems Market, report scope
  • TABLE 2. Global Inertial Navigational Systems Market estimates & forecasts by region 2018-2027 (USD Billion)
  • TABLE 3. Global Inertial Navigational Systems Market estimates & forecasts by End User industry 2018-2027 (USD Billion)
  • TABLE 4. Global Inertial Navigational Systems Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 5. Global Inertial Navigational Systems Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 6. Global Inertial Navigational Systems Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 7. Global Inertial Navigational Systems Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 8. Global Inertial Navigational Systems Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 9. Global Inertial Navigational Systems Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 10. Global Inertial Navigational Systems Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 11. Global Inertial Navigational Systems Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 12. Global Inertial Navigational Systems Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 13. Global Inertial Navigational Systems Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 14. Global Inertial Navigational Systems Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 15. Global Inertial Navigational Systems Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 16. Global Inertial Navigational Systems Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 17. Global Inertial Navigational Systems Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 18. Global Inertial Navigational Systems Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 19. Global Inertial Navigational Systems Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 20. U.S. Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 21. U.S. Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 22. U.S. Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 23. Canada Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 24. Canada Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 25. Canada Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 26. UK Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 27. UK Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 28. UK Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 29. Germany Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 30. Germany Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 31. Germany Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 32. France Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 33. France Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 34. France Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 35. Spain Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 36. Spain Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 37. Spain Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 38. Italy Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 39. Italy Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 40. Italy Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 41. ROE Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 42. ROE Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 43. ROE Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 44. China Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 45. China Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 46. China Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 47. India Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 48. India Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 49. India Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 50. Japan Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 51. Japan Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 52. Japan Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 53. Australia Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 54. Australia Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 55. Australia Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 56. South Korea Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 57. South Korea Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 58. South KoreaInertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 59. ROPAC Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 60. ROPAC Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 61. ROPAC Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 62. Brazil Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 63. Brazil Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 64. Brazil Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 65. Mexico Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 66. Mexico Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 67. Mexico Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 68. ROLA Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 69. ROLA Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 70. ROLA Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 71. ROW Inertial Navigational Systems Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 72. ROW Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 73. ROW Inertial Navigational Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 74. List of secondary sources used in the study of Global Inertial Navigational Systems Market.
  • TABLE 75. List of primary sources used in the study of Global Inertial Navigational Systems Market.
  • TABLE 76. Years considered for the study.
  • TABLE 77. Exchange rates considered.

LIST OF FIGURES

List of figures

  • FIG 1. Global Inertial Navigational Systems Market, research methodology
  • FIG 2. Global Inertial Navigational Systems Market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Inertial Navigational Systems Market, key trends 2020
  • FIG 5. Global Inertial Navigational Systems Market, growth prospects 2021-2027
  • FIG 6. Global Inertial Navigational Systems Market, porters 5 force model
  • FIG 7. Global Inertial Navigational Systems Market, pest analysis
  • FIG 8. Global Inertial Navigational Systems Market, value chain analysis
  • FIG 9. Global Inertial Navigational Systems Market by segment, 2018 & 2027 (USD Billion)
  • FIG 10. Global Inertial Navigational Systems Market by segment, 2018 & 2027 (USD Billion)
  • FIG 11. Global Inertial Navigational Systems Market by segment, 2018 & 2027 (USD Billion)
  • FIG 12. Global Inertial Navigational Systems Market by segment, 2018 & 2027 (USD Billion)
  • FIG 13. Global Inertial Navigational Systems Market by segment, 2018 & 2027 (USD Billion)
  • FIG 14. Global Inertial Navigational Systems Market by segment, 2018 & 2027 (USD Billion)
  • FIG 15. Global Inertial Navigational Systems Market by segment, 2018 & 2027 (USD Billion)
  • FIG 16. Global Inertial Navigational Systems Market by segment, 2018 & 2027 (USD Billion)
  • FIG 17. Global Inertial Navigational Systems Market, regional snapshot 2018 & 2027
  • FIG 18. North America Inertial Navigational Systems Market 2018 & 2027 (USD Billion)
  • FIG 19. Europe Inertial Navigational Systems Market 2018 & 2027 (USD Billion)
  • FIG 20. Asia-Pacific Inertial Navigational Systems Market 2018 & 2027 (USD Billion)
  • FIG 21. Latin America Inertial Navigational Systems Market 2018 & 2027 (USD Billion)
  • FIG 22. Global Inertial Navigational Systems Market, company market share analysis (2020)