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.
The 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:
The 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.
- Honeywell International
- Northrop Grumman
- Thales Group
Other prominent vendors
- Atlantic Inertial Systems
- KVH Industries
- Systron Donner Inertial
- VectorNav Technologies
- Increased use of UAVs
- Strict certification requirements
- Shift toward MEMS technologies
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?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Market overview
- Top-vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
- Market overview
- Market size and forecast
- Five forces analysis
PART 07: Global aerospace and defense value chain system
PART 08: Market segmentation by end-user
- Global INS market by end-user
- Global INS market for defense
- Global INS market for commercial
- Geographical segmentation of global INS market 2015-2020
- INS market in the Americas
- INS market in EMEA
- INS market in APAC
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
- Competitive scenario
- Honeywell International
- Northrop Grumman
- Rockwell Collins
- Sagem Défense Sécurité (Sagem)
- Thales Group
- Key vendors' recent developments
- Other prominent vendors
- List of abbreviations
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Types of INS based on technology
Exhibit 03: Segmentation of global INS market
Exhibit 04: Global INS market 2015-2020 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global aerospace and defense supply chain system
Exhibit 07: Global aerospace and defense value chain system
Exhibit 08: Segmentation of global INS market by end-user 2015
Exhibit 09: Segmentation of global INS market by end-user 2020
Exhibit 10: Segmentation of global INS market by end-user 2015-2020 ($ billions)
Exhibit 11: Segmentation of global INS market by end-user 2015-2020 (% share)
Exhibit 12: Global INS market for defense 2015-2020 ($ billions)
Exhibit 13: Global INS market for commercial 2015-2020 ($ billions)
Exhibit 14: Market segmentation by geography 2015
Exhibit 15: Market segmentation by geography 2020
Exhibit 16: Geographical segmentation of market 2015-2020 ($ billions)
Exhibit 17: Geographical segmentation of market 2015-2020 (% share)
Exhibit 18: INS market in the Americas 2015-2020 ($ billions)
Exhibit 19: INS market in EMEA 2015-2020 ($ billions)
Exhibit 20: INS market in APAC 2015-2020 ($ billions)
Exhibit 21: Key leading regions
Exhibit 22: Types of INS sensors used in UAVs
Exhibit 23: Impact of drivers
Exhibit 24: Impact of drivers and challenges
Exhibit 25: Component functions
Exhibit 26: Accurate navigation through integration of GPS
Exhibit 27: List of vendors in global INS market
Exhibit 28: Honeywell: Business segmentation by revenue 2015 (%)
Exhibit 29: Honeywell: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 30: Honeywell: Geographical segmentation by revenue 2015 (%)
Exhibit 31: Northrop Grumman: Business segmentation 2015 (%)
Exhibit 32: Northrop Grumman: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 33: Northrop Grumman: Customer segmentation by revenue 2015 (%)
Exhibit 34: Rockwell Collins: Business segmentation revenue 2015 (%)
Exhibit 35: Rockwell Collins: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 36: Rockwell Collins: Geographical segmentation by revenue 2015 (%)
Exhibit 37: Thales Group: Business segmentation by revenue 2015 (%)
Exhibit 38: Thales Group: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 39: Thales Group: Geographical segmentation by revenue 2015 (%)
The author of the report recognizes the following companies as the key players in the Global Inertial Navigation Systems Market: Honeywell International, Northrop Grumman, Sagem, and Thales Group.
Other Prominent Vendors in the market are: Atlantic Inertial Systems, KVH Industries, Systron Donner Inertial, Teledyne, and VectorNav Technologies.
Commenting on the report, an analyst from the research team said: “Inertial navigation sensors such as MEMS are gaining popularity because of its smaller size, lower cost, and lighter weight advantages. Therefore, the systems using mechanical instruments and RLG are expected to be replaced by interferometric fiber optic gyro (IFOG) and MEMS technologies. However, RLG may dominate due to its extremely high scale factor stability. Continuous developments in MEMS sensors will result in lightweight inertial sensors that are small, economical, and reliable.”
According to the report, globally, the demand for UAVs is very high owing to its wide range of applications in the civil, commercial, and military market. They not only enhance mission capabilities but also execute operations that are not considered safe and cost effective with manned aircraft. They also accommodate a broad range of systems, such as airframe, engine, autopilot, navigation system, sensor package, and communications link.
Further, the report states that vendors in the global INS market are required to adhere to stringent regulatory norms for the design and engineering of a navigation system. The Federal Aviation Administration (FAA) regulates the commercial aviation in the US, and European Aviation Safety Agency (EASA) is the regulatory body in Europe. The vendors in the air transport sector need to abide by the regulations set by these authorities to make quality products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.