Inertial Systems Market in Marine Applications Market Share

Market Share of Inertial Systems Industry in Marine Applications

The market is partially fragmented due to the presence of various inertial systems solution providers. However, vendors consistently focus on product development to enhance their visibility and global presence. The companies are also undergoing strategic partnerships and acquisitions to gain market traction and increase market share. The key players are Honeywell International Inc., Bosch Sensortec GmbH, Northrop Grumman Corporation, ST Microelectronics, etc.

• September 2022 - Groupe Gorgé announced that the acquisition of iXblue was a significant accomplishment. The merger between ECA Group and iXblue will help in the emergence of a European high-tech industrial leader in robotics, marine, navigation, aerospace, and photonics. Customers will receive a special offer from iXblue and ECA Group that ranges from simple components to intricate systems to support important operations in challenging terrain.

Marine Applications Inertial Systems Market Leaders

1. Honeywell International Inc.

2. Northrop Grumman Corporation

3. Rockwell Collins

4. Bosch Sensortec GmbH

5. ST Microelectronics

*Disclaimer: Major Players sorted in no particular order