An inertial navigation system (INS) is a navigation aid that uses a computer, motion sensors (accelerometers), rotation sensors (gyroscopes), and occasionally magnetic sensors (magnetometers) to continuously calculate by dead reckoning the position, the orientation, and the velocity (direction and speed of movement) of a moving object without the need for external references. It is used on vehicles such as ships, aircraft, submarines, guided missiles, and spacecraft.
North America is estimated to lead the global INS market in 2018. The US has a major market share in missiles along with a most profitable aviation industry, thus North America is expected to fuel the growth of the market. Major aircraft manufacturers present in North America are Boeing (US), Bombardier (Canada), Lockheed Martin (US), Bell Helicopter (US), and Sikorsky Aircraft (US), and therefore generate a high demand for the inertial navigation system. North America is expected to continue to lead the market during the forecast period.
Market Analysis and Insights: Global Inertial Navigation System (INS) Market
The global Inertial Navigation System (INS) market size is projected to reach US$ 11930 million by 2026, from US$ 9324.8 million in 2020, at a CAGR of 4.2% during 2021-2026.
This report focuses on Inertial Navigation System (INS) volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Inertial Navigation System (INS) market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.
Global Inertial Navigation System (INS) Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Mechanical Gyro Technology
Ring Laser Gyro Technology
Fiber Optics Gyro Technology
MEMS Technology
Others
Segment by Application
Aircraft
Missiles
Space Launch Vehicles
Marine
Military Armored Vehicles
Unmanned Aerial Vehicles
Unmanned Ground Vehicles
Unmanned Marine Vehicles
Global Inertial Navigation System (INS) Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Inertial Navigation System (INS) market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Inertial Navigation System (INS) Market:
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Honeywell International, Northrop Grumman, Safran, Thales, Raytheon, General Electric, Rockwell Collins, Teledyne Technologies, Vectornav Technologies, Lord Microstrain, Trimble Navigation, Gladiator Technologies, Atlantic Inertial Systems, etc.
North America is estimated to lead the global INS market in 2018. The US has a major market share in missiles along with a most profitable aviation industry, thus North America is expected to fuel the growth of the market. Major aircraft manufacturers present in North America are Boeing (US), Bombardier (Canada), Lockheed Martin (US), Bell Helicopter (US), and Sikorsky Aircraft (US), and therefore generate a high demand for the inertial navigation system. North America is expected to continue to lead the market during the forecast period.
Market Analysis and Insights: Global Inertial Navigation System (INS) Market
The global Inertial Navigation System (INS) market size is projected to reach US$ 11930 million by 2026, from US$ 9324.8 million in 2020, at a CAGR of 4.2% during 2021-2026.
This report focuses on Inertial Navigation System (INS) volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Inertial Navigation System (INS) market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.
Global Inertial Navigation System (INS) Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Mechanical Gyro Technology
Ring Laser Gyro Technology
Fiber Optics Gyro Technology
MEMS Technology
Others
Segment by Application
Aircraft
Missiles
Space Launch Vehicles
Marine
Military Armored Vehicles
Unmanned Aerial Vehicles
Unmanned Ground Vehicles
Unmanned Marine Vehicles
Global Inertial Navigation System (INS) Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Inertial Navigation System (INS) market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Inertial Navigation System (INS) Market:
Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Honeywell International, Northrop Grumman, Safran, Thales, Raytheon, General Electric, Rockwell Collins, Teledyne Technologies, Vectornav Technologies, Lord Microstrain, Trimble Navigation, Gladiator Technologies, Atlantic Inertial Systems, etc.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.