The advancement of global lifestyle has resulted in the need for equipment with greater ease of use. This has enabled the use of motion sensing technology which uses inertial sensors extensively. This is a key driving factor to this market and will play an important role in defining the market for the next few years.
The tactical inertial system is used in aerospace and defense systems. It is used to calculate various parameters of a moving body like orientation, speed, direction, etc. by using motion and rotation sensors. It is used in aircrafts, missiles, ships, spacecraft, etc.
Inertial system equipment includes gyroscopes, accelerometers, inertial measurement units, inertial navigation systems and multi-axis sensors. A comprehensive overview of the market for these systems over the period 2016 - 2021 has been given in this report. It segments the market by area of application with an in-depth analysis of every segment in each area. Aerospace, land-based, marine and subsea applications are explained with comprehensive market analysis of each segment.
The report delves into the impact of the rise of unmanned vehicles: aerial, land and water based, and on the use of inertial sensors. The unprecedented rise in unmanned vehicles across various applications in both civilian and defense applications has increased the need for complex navigational systems that includes inertial sensors. The rapid advancement in technology has made sensors both accessible and affordable which has made their use abundant in day-to-day devices.
Defense industry takes the major share of the market with applications like missile guidance, control and targeting, precision guided munitions, tank turret stabilization and torpedo guidance. The other primary industries where these systems are used are industrial manufacturing, energy and infrastructure, transportation and aviation.
An analysis of the key players in the market has been provided with an outlook on the competitive landscape and an insightful outlook for the investors.
Key Deliverables in the Study