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Fiber Optics Gyroscope Global Market Report 2024

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    Report

  • 175 Pages
  • April 2024
  • Region: Global
  • The Business Research Company
  • ID: 5954729
The fiber optics gyroscope market size has grown strongly in recent years. It will grow from $1.17 billion in 2023 to $1.27 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to rising automation industry, increased homeland security, rising demand for technologically advanced solutions, rapid growth of unmanned vehicles in defense and civilian applications, growing demand for commercial and military aircraft.

The fiber optics gyroscope market size is expected to see strong growth in the next few years. It will grow to $1.7 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The anticipated growth in the forecast period can be linked to an escalating requirement for precise motion control and robotics, a rising demand for accurate navigation and positioning systems, the expansion of the defense sector, an increased need for advanced guidance and control systems, and a growing demand for accurate navigation systems. Significant trends expected in the forecast period encompass technological advancements in fiber optic gyroscopes, the integration of fiber optic gyroscopes with autonomous vehicles, the adoption of fiber optic gyroscopes in emerging economies, progress in gyroscope technologies, and developments in the defense and aviation industry.

The growing demand for precise motion control and robotics is anticipated to drive the expansion of the fiber optics gyroscope market. Precise motion control involves accurately managing the movement of robotic assets for autonomous or semi-autonomous task execution with reliability and precision. Robotics, encompassing design, construction, operation, and utilization of robots, is witnessing increased demand for efficiency, accuracy, and automation across various industries. Fiber optic gyroscopes, known for providing stable and accurate angular rate measurements, play a crucial role in enhancing precision in motion control and robotics applications. Notably, the International Federation of Robotics reported a 31% increase in global industrial robot installations, from 394,000 units in 2020 to 517,385 units in 2021. The rising need for precise motion control and robotics, particularly in Asia, is fueling the growth of the fiber optic gyroscope market.

Leading companies in the fiber optics gyroscope market are actively developing innovative products to gain a competitive advantage. One notable advancement is the introduction of digital fiber-optic gyroscope inertial navigation systems, which leverage fiber-optic gyroscopes for measuring angular rates and inertial sensors for precise acceleration measurements. In October 2022, Advanced Navigation launched the Boreas D70, a digital fiber-optic gyroscope inertial navigation system that boasts a 40% reduction in size, weight, power, and cost compared to similar systems. Equipped with ultra-fast gyro compassing, AI-based fusion algorithms, dual-antenna real-time kinematic positioning, and a rich data-access web interface, the Boreas D70 offers high-performance metrics. Such innovations contribute to the competitive landscape in the fiber optics gyroscope market.

In August 2022, EMCORE Corporation completed the acquisition of KVH Industries's fiber optic gyroscope (FOG) and inertial navigation systems (INS) business segments for $55 million. EMCORE, a US-based provider of advanced inertial navigation products, aims to expand its customer base, including the U.S. Army, terrestrial applications, and new opportunities in the industrial autonomy market. The acquisition positions EMCORE as a key player in the fiber optics gyroscope market, leveraging the expertise and product portfolio gained from KVH Industries Inc., a US-based manufacturer of fiber optic gyroscope products. This strategic move aligns with EMCORE's growth objectives and enhances its market presence in the inertial navigation sector.

Major companies operating in the fiber optics gyroscope market are Northrop Grumman Corporation, Honeywell International Inc., Safran S.A, TDK Corporation, STMicroelectronics, Murata Manufacturing Co. Ltd., NXP Semiconductor, SAAB AB, Trimble Inc., Epson America Inc., iXBlue SAS, EMCORE Corporation, Luna Innovations, Advanced Navigation, Cielo Inertial Solutions Ltd., Furukawa (OFS), Fibernetics LLC, Silicon Sensing Systems Limited, Tamagawa Seiki Co. Ltd., Colibrys Ltd, Fizoptika Corporation, Nyfors Teknologi AB, NedAero Components B.V, Optolink LLC, FIBERPRO Inc., Ericco International.

North America was the largest region in the fiber optics gyroscope market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fiber optics gyroscope market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fiber optics gyroscope market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A fiber optic gyroscope (FOG) serves as a highly precise rotation sensor employed in navigation and guidance systems for vehicles, including aircraft, spacecraft, and ships. This advanced sensor utilizes the principle of light interference within optical fibers to accurately and reliably detect rotational movements. It finds application in a variety of contexts where precise navigation and control systems are essential.

Fiber optic gyroscopes come in several types, including gyrocompasses, inertial navigation systems, inertial measurement units, and others. Gyrocompasses, for instance, function as non-magnetic compasses, utilizing a rapidly spinning disk and the Earth's rotation to ascertain the heading of a vehicle. These gyroscopes operate across different sensing axes such as 1-axis, 2-axis, and 3-axis, catering to a range of applications including tactical-grade uses, guidance for remotely operated vehicles, aeronautics and aviation, robotics, defense and homeland security, as well as industrial applications.

The fiber optics gyroscope market research report is one of a series of new reports that provides fiber optics gyroscope market statistics, including fiber optics gyroscope industry global market size, regional shares, competitors with a fiber optics gyroscope market share, detailed fiber optics gyroscope market segments, market trends and opportunities, and any further data you may need to thrive in the fiber optics gyroscope industry. This fiber optics gyroscope market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The fiber optic gyroscope market consists of sales of precision measurement systems, stabilization systems, navigation systems, and inertial navigation systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Fiber Optics Gyroscope Market Characteristics3. Fiber Optics Gyroscope Market Trends and Strategies
4. Fiber Optics Gyroscope Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Fiber Optics Gyroscope Market Size and Growth
5.1. Global Fiber Optics Gyroscope Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Fiber Optics Gyroscope Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Fiber Optics Gyroscope Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Fiber Optics Gyroscope Market Segmentation
6.1. Global Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Gyrocompass
  • Inertial Navigation System
  • Inertial Measurement Unit
  • Other Device Types
6.2. Global Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • 1-Axis
  • 2-Axis
  • 3-Axis
6.3. Global Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Tactical Grade Applications
  • Remotely Operated Vehicle Guidance
  • Aeronautics and Aviation
  • Robotics
  • Defense and Homeland Security
  • Industrial
7. Fiber Optics Gyroscope Market Regional and Country Analysis
7.1. Global Fiber Optics Gyroscope Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Fiber Optics Gyroscope Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Fiber Optics Gyroscope Market
8.1. Asia-Pacific Fiber Optics Gyroscope Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Fiber Optics Gyroscope Market
9.1. China Fiber Optics Gyroscope Market Overview
9.2. China Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Fiber Optics Gyroscope Market
10.1. India Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Fiber Optics Gyroscope Market
11.1. Japan Fiber Optics Gyroscope Market Overview
11.2. Japan Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Fiber Optics Gyroscope Market
12.1. Australia Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Fiber Optics Gyroscope Market
13.1. Indonesia Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Fiber Optics Gyroscope Market
14.1. South Korea Fiber Optics Gyroscope Market Overview
14.2. South Korea Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Fiber Optics Gyroscope Market
15.1. Western Europe Fiber Optics Gyroscope Market Overview
15.2. Western Europe Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Fiber Optics Gyroscope Market
16.1. UK Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Fiber Optics Gyroscope Market
17.1. Germany Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Fiber Optics Gyroscope Market
18.1. France Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Fiber Optics Gyroscope Market
19.1. Italy Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Fiber Optics Gyroscope Market
20.1. Spain Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Fiber Optics Gyroscope Market
21.1. Eastern Europe Fiber Optics Gyroscope Market Overview
21.2. Eastern Europe Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Fiber Optics Gyroscope Market
22.1. Russia Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Fiber Optics Gyroscope Market
23.1. North America Fiber Optics Gyroscope Market Overview
23.2. North America Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Fiber Optics Gyroscope Market
24.1. USA Fiber Optics Gyroscope Market Overview
24.2. USA Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Fiber Optics Gyroscope Market
25.1. Canada Fiber Optics Gyroscope Market Overview
25.2. Canada Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Fiber Optics Gyroscope Market
26.1. South America Fiber Optics Gyroscope Market Overview
26.2. South America Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Fiber Optics Gyroscope Market
27.1. Brazil Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Fiber Optics Gyroscope Market
28.1. Middle East Fiber Optics Gyroscope Market Overview
28.2. Middle East Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Fiber Optics Gyroscope Market
29.1. Africa Fiber Optics Gyroscope Market Overview
29.2. Africa Fiber Optics Gyroscope Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Fiber Optics Gyroscope Market, Segmentation by Sensing Axis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Fiber Optics Gyroscope Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Fiber Optics Gyroscope Market Competitive Landscape and Company Profiles
30.1. Fiber Optics Gyroscope Market Competitive Landscape
30.2. Fiber Optics Gyroscope Market Company Profiles
30.2.1. Northrop Grumman Corporation
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Honeywell International Inc.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Safran S.A
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. TDK Corporation
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. STMicroelectronics
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Fiber Optics Gyroscope Market Other Major and Innovative Companies
31.1. Murata Manufacturing Co. Ltd.
31.2. NXP Semiconductor
31.3. SAAB AB
31.4. Trimble Inc.
31.5. Epson America Inc.
31.6. iXBlue SAS
31.7. EMCORE Corporation
31.8. Luna Innovations
31.9. Advanced Navigation
31.10. Cielo Inertial Solutions Ltd.
31.11. Furukawa (OFS)
31.12. Fibernetics LLC
31.13. Silicon Sensing Systems Limited
31.14. Tamagawa Seiki Co. Ltd.
31.15. Colibrys Ltd
32. Global Fiber Optics Gyroscope Market Competitive Benchmarking33. Global Fiber Optics Gyroscope Market Competitive Dashboard34. Key Mergers and Acquisitions in the Fiber Optics Gyroscope Market
35. Fiber Optics Gyroscope Market Future Outlook and Potential Analysis
35.1 Fiber Optics Gyroscope Market in 2028 - Countries Offering Most New Opportunities
35.2 Fiber Optics Gyroscope Market in 2028 - Segments Offering Most New Opportunities
35.3 Fiber Optics Gyroscope Market in 2028 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Fiber Optics Gyroscope Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on fiber optics gyroscope market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for fiber optics gyroscope ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The fiber optics gyroscope market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Device Type: Gyrocompass; Inertial Navigation System; Inertial Measurement Unit; Other Device Types.
2) By Sensing Axis: 1-Axis; 2-Axis; 3-Axis
3) By Application: Tactical Grade Applications; Remotely Operated Vehicle Guidance; Aeronautics And Aviation; Robotics; Defense And Homeland Security; Industrial.

Key Companies Mentioned: Northrop Grumman Corporation; Honeywell International Inc.; Safran S.A; TDK Corporation; STMicroelectronics

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Northrop Grumman Corporation
  • Honeywell International Inc.
  • Safran S.A
  • TDK Corporation
  • STMicroelectronics
  • Murata Manufacturing Co. Ltd.
  • NXP Semiconductor
  • SAAB AB
  • Trimble Inc.
  • Epson America Inc.
  • iXBlue SAS
  • EMCORE Corporation
  • Luna Innovations
  • Advanced Navigation
  • Cielo Inertial Solutions Ltd.
  • Furukawa (OFS)
  • Fibernetics LLC
  • Silicon Sensing Systems Limited
  • Tamagawa Seiki Co. Ltd.
  • Colibrys Ltd
  • Fizoptika Corporation
  • Nyfors Teknologi AB
  • NedAero Components B.V
  • Optolink LLC
  • FIBERPRO Inc.
  • Ericco International

Methodology

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