5th Floor, Rajapushpa Summit
Nanakramguda Rd, Financial District, Gachibowli
Hyderabad, Telangana - 500008
India
The market is segmented by Technology ( MEMS Gyroscope, Fibre Optic Gyroscope(FOG), Ring Laser Gyroscope (RLG), Hemispherical Resonator Gyroscope (HRG), Dynamically Tuned Gyroscope(DTG) and Other Technologies), End-user Vertical ( Consumer Electronics, Automotive, Aerospace and Defense, Industrial, Marine and Other End-user Verticals), and Geography.
Study Period:
2018 - 2026
Base Year:
2020
Fastest Growing Market:
Asia Pacific
Largest Market:
North America
CAGR:
4.44 %
The gyroscopes market was valued at USD 2232.56 million in 2020, and is expected to reach a value of USD 2896.86 million by 2026 and grow at a CAGR of 4.44% over the forecast period (2021-2026). The gyroscope technology has witnessed a huge amount of innovation in the last decade, with the introduction of MEMS-based gyroscopes. The accuracy and efficiency of the gyroscopes have also improved as multi axis gyroscopes are more accurate due to digital integration.
Gyroscopes can be defined as sensors used for the measurement of orientation in several devices. Ever since their inception, gyroscopes have evolved considerably, aided by incremental innovations in technology. This has helped them to emerge as one of the most integral components in navigation systems. In terms of technology, gyroscopes are divided as MEMS gyroscope, fiber optic gyroscope (FOG), ring laser gyroscope (RLG), hemispherical resonator gyroscope (HRG), dynamically tuned gyroscope (DTG), and other technologies.
By Technology | |
MEMS Gyroscope | |
Fibre Optic Gyroscope(FOG) | |
Ring Laser Gyroscope (RLG) | |
Ring Laser Gyroscope (RLG) | |
Hemispherical Resonating Gyroscope (HRG) | |
Dynamically Tuned Gyroscopes (DTG) | |
Other Technologies |
By End-user Vertical | |
Consumer Electronics | |
Automotive | |
Aerospace and Defense | |
Industrial | |
Marine | |
Other End-user Verticals |
Geography | ||||||
| ||||||
| ||||||
| ||||||
Rest of World |
Report scope can be customized per your requirements. Click here.
To understand key trends, Download Sample Report
To understand geography trends, Download Sample Report.
The gyroscopes market is fragmented. The rapid rise of unmanned vehicle and technological advancements provides lucrative opportunities in the gyroscopes market. Overall, the competitive rivalry among the existing competitors is high. Moving forward, the innovation strategy of companies is boosting the demand of the market. Some of the key developments in the area are:
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Rapid Rise of Unmanned Vehicle in Both Defense and Civilian Applications
4.3.2 Technological Advancements Enabling More Effective Components at a Smaller and Lighter Size
4.4 Market Restraints
4.4.1 Substantial Increase in Complexity Challenging the Market Demand
4.5 Value Chain / Supply Chain Analysis
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Technology
5.1.1 MEMS Gyroscope
5.1.2 Fibre Optic Gyroscope(FOG)
5.1.3 Ring Laser Gyroscope (RLG)
5.1.4 Ring Laser Gyroscope (RLG)
5.1.5 Hemispherical Resonating Gyroscope (HRG)
5.1.6 Dynamically Tuned Gyroscopes (DTG)
5.1.7 Other Technologies
5.2 By End-user Vertical
5.2.1 Consumer Electronics
5.2.2 Automotive
5.2.3 Aerospace and Defense
5.2.4 Industrial
5.2.5 Marine
5.2.6 Other End-user Verticals
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Rest of Asia-Pacific
5.3.4 Rest of World
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Murata Electronics Oy
6.1.2 STMicroelectronics N.V.
6.1.3 Honeywell International Inc.
6.1.4 Analog Devices, Inc.
6.1.5 Robert Bosch GmbH
6.1.6 MEMSIC, Inc.
6.1.7 Systron Donner Inertial
6.1.8 Trimble Navigation Ltd
6.1.9 MicroStrain, Inc.
6.1.10 Vectornav Technologies LLC
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability