Global Inertial Navigation Systems Market 2016-2020

Description-


An inertial navigation system (INS) helps in determining the position, orientation, and velocity of a moving object. It consists of an inertial measurement unit (IMU), such as an accelerometer (measures linear acceleration) and gyroscope (measures angular velocity), which tracks the position of the object. INS is widely used in commercial aviation (in aircraft), defense (ground vehicles, missiles, unmanned aerial vehicles, and aircraft), naval (ships and submarines), and space research (spacecraft).
There are two types of INS: gimballed and strap down systems. Gimballed systems use mechanical gyroscopes in the device to keep the platform level while strapdown systems use a platform on which sensors are mounted.

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Technavios analysts forecast the global inertial navigation systems (INS) market to grow at a CAGR of 13.48% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global inertial navigation systems (INS) market during 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of inertial navigation equipment annually.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Inertial Navigation Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Honeywell International
Northrop Grumman
Sagem
Thales Group

Other prominent vendors
Atlantic Inertial Systems
KVH Industries
Systron Donner Inertial
Teledyne
VectorNav Technologies

Market driver
Increased use of UAVs
For a full, detailed list, view our report

Market challenge
Strict certification requirements
For a full, detailed list, view our report

Market trend
Shift toward MEMS technologies
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?

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