USA has one of the highest numbers of submarines and war ships. It has around 72 submarines and more than 400 ships with the US Navy. It is also home to big shipping yards which make ships. Inertial systems are a key to this ships and submarines. So with the growing production of submarines and warships for defence sector and ships for increasing trade, the inertial sensors market is estimated to grow in the period to come.
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 2014-2020 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 advancement of global lifestyle has resulted in need for equipment with greater ease of use. This is enabled by 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 report delves on the impact of rise of unmanned vehicles; Aerial, land and Water based, on the use of inertial sensors. The unprecedented rise in unmanned vehicles across various applications in both civilian and defence applications has increased the need for complex navigational systems which include 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.
An extensive overview of the different grades of inertial sensors; Navigational, Tactical, Industrial and Automotive is also given. The key differences among them are explained and their market based on application is provide. Defence 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.
What the Report Offers: