Market Share of Inertial Systems Industry in Land-based Applications
The competitive landscape of the inertial systems market in land-based applications is fragmented moderately due to the presence of various inertial systems solution providers. However, vendors are consistently focusing on product development to enhance their visibility and global presence. Companies are also undergoing strategic partnerships and acquisitions to gain traction and increase their market share.
In October 2021, the US Navy received the 500th WSN-7 ring laser gyroscope inertial navigation system (INS) from Northrop Grumman Corporation. Northrop Grumman continues to support the US and NATO surface and submarine naval assets worldwide, with installations across the US Navy Fleet.
In April 2021, Inertial Labs announced the release of INS-DH-OEM, IMU-NAV-100, and INS-U, the next generation of GPS-assisted systems. These INS are intended for use with UAVs, helicopters, and LiDAR surveys from the air. MEMS accelerometers and MEMS gyroscopes are among them.
Land-based Applications Inertial Systems Market Leaders
Honeywell International Inc.
Northrop Grumman Corporation
Rockwell Collins
ST Microelectronics
Bosch Sensortec GmbH
*Disclaimer: Major Players sorted in no particular order
