Lucintel Forecasts The Global Inertial Navigation System (ins) Market To Grow With A Cagr Of 7.5% From 2024 To 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global inertial navigation system (INS) market looks promising with opportunities in the aerospace, maritime, military and defense, automotive, and robotic markets. The global inertial navigation system (INS) market is expected to grow with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are increasing demand for autonomous vehicles, military modernization programs and defense spending initiatives, as well as, growing commercial aviation sector, including passenger aircraft, cargo planes, and unmanned aerial systems (UAS).
A more than 150–page report is developed to understand Trends, opportunity and forecast in inertial navigation system (INS) market to 2030 by type (mechanical gyro technology, ring laser gyro technology, fiber optics gyro technology, MEMS technology, and others), application (aerospace, maritime, military and defense, automotive, robotics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, mechanical gyro technology, ring laser gyro technology, fiber optics gyro ...
... technology, and MEMS technology are the major segments of inertial navigation system (INS) market by type. Lucintel forecasts that mechanical gyro technology is expected to witness the highest growth over the forecast period.
Within this market, aerospace is expected to witness the highest growth.
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North America is expected to witness highest growth over the forecast period.
Honeywell, Northrop Grumman, Safran, Thales, EMCORE, Kearftt, and Inertial Labs are the major suppliers in the inertial navigation system (INS) market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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