Skip to main content

Fiber Optics Gyroscope Market Size, Share, Latest Trends, Analysis & Forecasts 2019-2022


According to the new market research report "Fiber Optics Gyroscope Market by Sensing Axis (1, 2, and 3), Device (Gyrocompass, Inertial Measurement Unit, Inertial Navigation System, and Attitude Heading Reference System), Application, and Geography - Global Forecast to 2022", is expected to be worth USD 1,037.0 Million by 2022, at a CAGR of 3.61% between 2016 and 2022. The major driver for the growth of the fiber optics gyroscope market is the increasing defense expenditure globally. The overall fiber optics gyroscope market is driven by factors such as the huge demand for remotely operated vehicles guidance and growing adoption of automation in industries and homes.
The market for inertial navigation systems is expected to grow at the highest CAGR between 2016 and 2022. Inertial navigation system is a commercial off-the-shelf navigation and control solution, which uses sensor fusion to deliver reliable, high-accuracy navigation and control to a wide variety of unmanned, autonomous, and manned aerial, ground, and marine applications. The demand for fiber optics gyroscope in these systems would boost fiber optics gyroscope market in the near future.
Get PDF Brochure: https://www.marketsandmarkets.com/requestsampleNew.asp?id=99825571
Of all the available sensing axis, the market for 3-axis fiber optics gyroscopes held the largest share in 2015 and the same trend is expected to continue by 2022 owing to the growing level of integration. Manufacturers are working towards integrating several functionalities in one system to reduce the number of components per device and to reduce the size and weight of the overall product. 3-Axis fiber optics gyroscopes are highly suitable for such integration.
The fiber optics gyroscope market in Asia-Pacific (APAC) is expected to grow at the highest CAGR between 2016 and 2022. The reason for this growth is the huge population base, increasing investments for the development of sensors, a large number of research and development (R&D) activities, and increasing focus on industrial applications in this region. In APAC, the fiber optics gyroscope market is majorly driven by China and Japan because of the rapidly increasing industrialization in these countries. Therefore, the fiber optics gyroscope market in APAC is expected to grow rapidly between 2016 and 2022.
The key players in the ecosystem of the fiber optics gyroscope market profiled in this report are EMCORE Corporation (U.S.), Honeywell International, Inc. (U.S.), Colibrys Ltd. (Switzerland), KVH Industries, Inc. (U.S.), Northrop Grumman LITEF GmbH (Germany), Nedaero Components (Netherlands), iXblue SAS (France), Fizoiptika Corp. (Russia), Optolink LLC (Russia), and Al Cielo Inertial Solutions Ltd. (Israel).

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Labels:

Comments

Post a Comment

Popular posts from this blog

Global Mobile Video Surveillance Market Size, Demand Analysis, Growth Rate and Deep Industry Research Reports

According to the new market research report  " Mobile Video Surveillance Market  by Offering (Hardware (Cameras, Storage Solutions), Software (Video Analytics, VMS), Service), Application (Trains & Trams, Buses, Transport Vehicles, Police Cars, Drones), Vertical, and Geography - Global Forecast to 2023" , The mobile video surveillance market was valued at 1.40 Billion in 2017 and is expected to reach USD 2.32 Billion by 2023, at a CAGR of 8.77% between 2017 and 2023. The increasing installation of surveillance cameras, improving infrastructure and deployment capabilities, rising demand for intelligent and scalable mobile video surveillance solutions, rising demand for cloud-based surveillance solutions, and growing adoption of IP cameras are the driving factors for the mobile video surveillance market growth. Hardware includes cameras, storage solutions, video encoders, and so on. Hardware components have become technologically more advanced and affordable. The ri...
Post a Comment
Read more

Global Low Noise Amplifier (LNA) Market Inclined to Deliver Positive Growth Results until 2023

The Low Noise Amplifier (LNA) Market is expected to be worth USD 3.00 billion by 2023, at a CAGR of 13.8% between 2017 and 2023. The rapid development of space programs worldwide, evolution of 5G technology, and commercialization of IoT provide the key opportunities for the market . Some of the key factors driving the growth of this market are the huge demand from the smartphone market, adoption of E Band to meet growing bandwidth demand, and increasing usage of long-term evolution (LTE) technology . The major players of the LNA market are NXP Semiconductors N.V. ( Netherlands ), Analog Devices, Inc. ( US ), Infineon Technologies AG ( Germany ), L3 Narda-MITEQ (US), Qorvo, Inc. ( US ), Skyworks Solutions, Inc. ( US ), ON Semiconductor Corp. ( US ), Panasonic Corp. (Japan), Texas Instruments, Inc. ( US ), and Teledyne Microwave Solutions ( US ). The key innovators in the market are Custom MMIC (US), MACOM Technology Solutions Holdings, Inc. ( US ), SAGE Millimet...
Post a Comment
Read more

Global Mobile Biometrics Market Inclined to Deliver Positive Growth Results until 2022

The Mobile Biometrics Market is expected to grow from USD 4.03 Billion in 2015 to USD 49.33 Billion by 2022, at a CAGR of 29.3% between 2016 and 2022. The industrial consensus on developing intelligence in mobile devices drives the use of biometric technology. In the last few years, most of the smart phone companies have launched biometrics-enabled phones. While the focus is currently on fingerprint recognition technology, the market is trending toward advanced biometric technologies such as face, voice, iris, and others. Mobile biometrics is a technology used for security and authentication . The mobile biometrics market has witnessed enormous developments in the past few years. In the current scenario, consumer electronics industry holds the largest share of the market. Consumer electronics companies have shown extensive growth and hold a major share of the global mobile biometrics market. The mobile biometrics market is mainly driven by the strategic contracts, partnership...
Post a Comment
Read more