Press Release
Global Inertial Navigation System (INS) Market Is Expected to Reach $14.7 billion, Says Variant Market Research
 Published Date:  Apr 2018  Publish By: Variant Market Research

According to the latest report published by Variant Market Research,the global inertial navigation system (INS) market size is projected to reach $14.7 billion by 2025. In this report, inertial navigation system (INS) market forecast says that the global market is growing at a CAGR of 5.5% from 2017 to 2025. By geography, Asia-Pacific is expected to grow at the fastest CAGR during the forecast period. Inertial navigation system (INS), a navigation support uses a computer for computation process that is useful in initial velocity and position controlling, and also moving object regardless external positions. These systems offer better systems integrity & permit the navigation system to coast via short GPS outages with high accuracies.

Inertial Navigation System (INS) Market (By Application: Aircraft, Missiles, Space Launch Vehicles, Marine, Military Armored Vehicles, Unmanned Aerial Vehicles, Unmanned Ground Vehicles, and Unmanned Marine Vehicles; By Technology: Mechanical Gyro, Ring Laser Gyro, Fiber Optics Gyro, Mems, and Others; By Grade: Marine Grade, Navigation Grade, Tactical Grade, Space Grade, and Commercial Grade; By Component: Accelerometers, Gyroscopes, Algorithms & Processors, and Wireless; By Geography: North America, Europe, Asia-Pacific and Row) Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 – 2025

To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/defense-aerospace/inertial-navigation-system-ins-market

Increase in demand for aircraft drives the global inertial navigation system (INS) market

The global inertial navigation system (INS) market trend includes progressions in technologies for navigation, increase in demand for aircraft, and high demand for missiles due to geopolitical inconsistencies. But, decrease in defense funds of developed nations might limit the global inertial navigation system (INS) market growth. Moreover, growth of commercial self-driving vehicles might provide several growth opportunities for the market over the forecasted period.

Market Segmentation

Application, technology, grade, component, and geography are the classification of the global inertial navigation system (INS) market. The application segment is categorized into aircraft, missiles, space launch vehicles, marine, military armored vehicles, unmanned aerial vehicles, unmanned ground vehicles, and unmanned marine vehicles. Mechanical gyro, ring laser gyro, fiber optics gyro, mems, and others are the segregation of technology segment. Grade segment is sub-segmented into marine grade, navigation grade, tactical grade, space grade, and commercial grade. On the basis of component, the segmentation includes accelerometers, gyroscopes, algorithms & processors, and wireless.

By geography, global inertial navigation system (INS) market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further split in U.S., Canada, and Mexico, whereas Europe segment consists of UK, Germany, Russia, France, and Rest of Europe. Asia-Pacific is segmented into China, India, South Korea, Japan, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

Navigation grade, by grade projected to grow at the highest CAGR between forecast period

On the basis of grade, navigation grade segment is expected to grow at the highest CAGR over the forecasted period. Growth in aircraft orders one main driving factor for the growth of the navigation grade segment of the global inertial navigation system (INS) market.

MEMS, by technology is anticipated to gain the fastest CAGR between 2017 and 2025

MEMS, by technology is predicted to achieve the fastest CAGR during the forecast period, owing to technological improvements in MEMS-based INS which are resultant to increased applicability in unmanned & small aircraft applications.

Asia-Pacific is anticipated to be the fastest growing market during the forecast period

Asia-Pacific is likely to attain the fastest CAGR throughout the forecast period, driven by factors such as growing defense budget of developing countries like India and China, the backing providing by these nations to develop homegrown technologies for the manufacture of fighter aircraft, UAVs, and missiles.

Competitive Landscape

Key players are offering innovative products and services to increase their inertial navigation system (INS) market share. Main players competing in the market include General Electric, Honeywell International Inc., Northrop Grumman Corporation, Safran Electronics & Defense, Thales Group, The Raytheon Company, Rockwell Collins, Teledyne Technologies Incorporated, LLC, LORD MicroStrain, and VectorNav Technologies, LLC, among others.

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Chapter 1 Prefix
    1.1 Market Scope
    1.2 Report Description
    1.3 Research Methodology
          1.3.1 Primary Research
          1.3.2 Secondary Research
          1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
   2.1 Global Inertial Navigation System (INS) Market Year-on-Year Growth, 2017 – 2025 (%)
Chapter 3 Market Outline
    3.1 Market Inclination, Trend, Outlook and Viewpoint
    3.2 Market Share Analysis: Company’s Competitive Scenario
    3.3 Market Dynamics
          3.3.1 Drivers
                   3.3.1.1 Impact Analysis
          3.3.2 Restraints
                   3.3.2.1 Impact Analysis
          3.3.3 Opportunities
Chapter 4 Global Inertial Navigation System (INS) Market by Application: Market Size and Forecast, 2016 – 2025
    4.1 Overview
    4.2 Aircraft
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          4.2.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
          4.2.4 Civil
                   4.2.4.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          4.2.5 Military
                   4.2.5.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
    4.3 Missiles
          4.3.1 Current Trend and Analysis
          4.3.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          4.3.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
          4.3.4 Civil Helicopters
                   4.3.4.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          4.3.5 Military Helicopter
                   4.3.5.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
    4.4 Space Launch Vehicles
          4.4.1 Current Trend and Analysis
          4.4.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          4.4.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
    4.5 Marine
          4.5.1 Current Trend and Analysis
          4.5.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          4.5.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
          4.5.4 Merchant Ships
                   4.5.4.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          4.5.5 Naval Ships
                   4.5.5.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
    4.6 Military Armored Vehicles
          4.6.1 Current Trend and Analysis
          4.6.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          4.6.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
    4.7 Unmanned Aerial Vehicles
          4.7.1 Current Trend and Analysis
          4.7.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          4.7.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
          4.7.4 Consumer
                   4.7.4.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          4.7.5 Enterprise
                   4.7.5.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          4.7.6 Naval Ships
                   4.7.6.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
    4.8 Unmanned Ground Vehicles
          4.8.1 Current Trend and Analysis
          4.8.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          4.8.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
          4.8.4 Commercial
                   4.8.4.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          4.8.5 Military
                   4.8.5.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
    4.9 Unmanned Marine Vehicles
          4.9.1 Current Trend and Analysis
          4.9.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          4.9.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
          4.9.4 ROV
                   4.9.4.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          4.9.5 AUV
                   4.9.5.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          4.9.6 USV
                   4.9.6.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
Chapter 5 Global Inertial Navigation System (INS) Market by Technology: Market Size and Forecast, 2016 – 2025
    5.1 Overview
    5.2 Mechanical Gyro
          5.2.1 Current Trend and Analysis
          5.2.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          5.2.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
    5.3 Ring Laser Gyro
          5.3.1 Current Trend and Analysis
          5.3.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          5.3.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
    5.4 Fiber Optics Gyro
          5.4.1 Current Trend and Analysis
          5.4.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          5.4.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
    5.5 Mems
          5.5.1 Current Trend and Analysis
          5.5.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          5.5.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
    5.6 Others
          5.6.1 Current Trend and Analysis
          5.6.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          5.6.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
Chapter 6 Global Inertial Navigation System (INS) Market by Grade: Market Size and Forecast, 2016 – 2025
    6.1 Overview
    6.2 Marine Grade
          6.2.1 Current Trend and Analysis
          6.2.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          6.2.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
    6.3 Navigation Grade
          6.3.1 Current Trend and Analysis
          6.3.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          6.3.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
    6.4 Tactical Grade
          6.4.1 Current Trend and Analysis
          6.4.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          6.4.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
    6.5 Space Grade
          6.5.1 Current Trend and Analysis
          6.5.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          6.5.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
    6.6 Commercial Grade
          6.6.1 Current Trend and Analysis
          6.6.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          6.6.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
Chapter 7 Global Inertial Navigation System (INS) Market by Component: Market Size and Forecast, 2016 – 2025
    7.1 Overview
    7.2 Accelerometers
          7.2.1 Current Trend and Analysis
          7.2.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          7.2.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
    7.3 Gyroscopes
          7.3.1 Current Trend and Analysis
          7.3.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          7.3.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
    7.4 Algorithms & Processors
          7.4.1 Current Trend and Analysis
          7.4.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          7.4.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
    7.5 Wireless
          7.5.1 Current Trend and Analysis
          7.5.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          7.5.3 Market Size and Forecast by Region, 2016 – 2025 ($ Billion)
Chapter 8 Global Inertial Navigation System (INS) Market by Geography: Market Size and Forecast, 2016 – 2025
    8.1 Overview
           8.1.1 Global Inertial Navigation System (INS) Market Year-on-Year Growth, by regions 2017 – 2025 (%)
    8.2 North America
          8.2.1 Current Trend and Analysis
          8.2.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
         8.2.3 U.S.
                  8.2.3.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          8.2.4 Canada
                   8.2.4.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
    8.3 Europe
          8.3.1 Current Trend and Analysis
          8.3.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          8.3.3 UK
                   8.3.3.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          8.3.4 Germany
                   8.3.4.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          8.3.5 France
                   8.3.5.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          8.3.6 Russia
                   8.3.6.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          8.3.7 Rest of Europe
                   8.3.7.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
    8.4 Asia-Pacific
          8.4.1 Current Trend and Analysis
          8.4.2 Market Size and Forecast, 2016 – 2025 ($ Billion)
          8.4.3 India
                   8.4.3.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          8.4.4 China
                   8.4.4.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          8.4.5 Japan
                   8.4.5.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          8.4.6 South Korea
                   8.4.6.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          8.4.7 Rest of Asia-Pacific
                   8.4.7.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
    8.5 RoW
          8.5.1 Current Trend and Analysis
          8.5.2 Market Size and Forecast
          8.5.3 South America
                   8.5.3.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          8.5.4 Middle East
                   8.5.4.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
          8.5.5 Africa
                   8.5.5.1 Market Size and Forecast, 2016 – 2025 ($ Billion)
Chapter 9 Company Profiles
    9.1 Honeywell International Inc.
    9.2 Northrop Grumman Corporation
    9.3 Safran Electronics & Defense
    9.4 Thales Group
    9.5 The Raytheon Company
    9.6 GENERAL ELECTRIC
    9.7 Rockwell Collins
    9.8 Teledyne Technologies Incorporated
    9.9 VectorNav Technologies, LLC
    9.10 LORD MicroStrain

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