Market Research Report
Inertial Sensing Systems and Its Components Market: By Type (IMUs, INS & AHRS); Components (Accelerometer, Gyroscope, GPS, Magnetometer); Applications (Aerospace, Military & Defense) - Forecast 2019-2023
|Published by||IndustryARC||Product code||351130|
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|Inertial Sensing Systems and Its Components Market: By Type (IMUs, INS & AHRS); Components (Accelerometer, Gyroscope, GPS, Magnetometer); Applications (Aerospace, Military & Defense) - Forecast 2019-2023|
|Published: December 10, 2018||Content info:||
Inertial Sensor is a measurement unit which measures velocity, gravitational force and orientation of a moving object. These include airplanes, missiles, drones, ships and underwater vehicles. This system is used extensively for its artificial intelligence to reach location without any static or digital interference. The market has been witnessing aggressive growth from aerospace, commercial and military sectors of emerging nations in Asia pacific regions. Technological advancements made the systems cheaper and more accurate in terms of results which are the key-factor for the growth in the market.
The Inertial Sensing Systems Market has been classified according to the types and the end-user industry applications, while the inertial components such as accelerometers and gyroscopes have been segmented on the basis of technology.
Inertial Navigation System (INS)
Attitude & Heading Reference System (AHRS) and
Inertial Measurement Units (IMUs)E
The inertial components have been segregated on the basis of technology including electro-mechanical, spinning mass, optical, vibratory /piezo and micro electrical mechanical system (MEMS).
The total inertial sensing systems market evaluated to be around $5 billion in 2014 and is growing at a CAGR of 7.7% dominated significantly by defense, industrial/commercial and aviation sectors.
Analyzing the geographic regions for inertial sensing systems market, Americas will be the substantial market succeeded by Europe and Asia-pacific. The driving factor for the Americas market will be prospective in the north American market that have competitive edge over rest of the world in delivering the finest inertial sensing systems along with the presence of leading manufacturers in the region.
Northrop Grumman Corporation
Analog devices, Inc.,
Bosch semiconductor GmbH
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