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Inertial Navigation System Market worth $4.63 Billion by 2019

According to a new market research report the "Inertial Navigation System Market by Product (Marine grade, Navigation grade, Tactical grade, and Commercial grade), Technology (Mechanical, Fiber optic gyro (FOG), Ring laser gyro (RLG), Micro-Electro-Mechanical Systems (MEMS), Hemispherical Resonator gyro (HRG), and Vibrating gyro), Application (Air, Land, and Naval Platforms), Geography (North America, Europe, Asia-Pacific, the Middle East, and ROW) - Forecast & Analysis to 2014 - 2019", is estimated at $2.75 billion in 2014 and is expected to register a CAGR of 10.98% to reach $4.63 billion by 2019.

Browse 61 market data tables 48 figures spread through more than 232 pages and in-depth TOC on “Inertial Navigation System Market”.
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This report provides a market analysis of the inertial navigation system (INS) market for the next five years. It provides an overview of drivers, challenges, and restraints impacting the industry. It also discusses about the industry, market, and technology trends that are currently prevailing in this market. It tracks, analyses, and lays out the market size of the major spenders in each region and analyses the market by defense and commercial applications. It also provides information about the leading players and their market share in the INS market.

Apart from a general overview of these companies, it also provides details on their financial positions, key products, their unique selling points, and key developments. This research report also segments the market on the basis of defense, country, and geography, forecasting revenues, market share, and analyzing trends in each of the sub segments.

This report provides the details of financial positions, key products, key developments, and the unique selling point of the major players in this market. The market is segmented by technology which includes mechanical, ring laser gyro (RLG), fiber optic gyro (FOG), micro-electro-mechanical systems (MEMS) and hemispherical resonator gyro (HRG).

It also covers the Inertial Navigation System market application in airborne, land, and naval platforms. Further it also contains the segmentation of INS based on product type; which includes marine grade, navigation grade and tactical grade. The increasing demand for unmanned vehicles such as unmanned aerial vehicle (UAV), remotely operated vehicle (ROV), and autonomous underwater vehicle (AUV) is driving this market. The integrated navigation system such as GNSS\INS and GPS\INS has superior performance characteristics as compared to standalone global navigation satellite system (GNSS) or global positioning system (GPS). These embedded technologies will be very promising for the growth of this market in future.

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