HOME Top Market Reports Inertial Navigation System Market by Product Grade (Marine, Navigation, Tactical, And Commercial), by Technology (RLG, Fog, MEMS, Mechanical, Vibrating GYRO, HRG), by Application (Defense and Commercial Platform) and by Geography - Global Forecast to 2020

Inertial Navigation System Market by Product Grade (Marine, Navigation, Tactical, And Commercial), by Technology (RLG, Fog, MEMS, Mechanical, Vibrating GYRO, HRG), by Application (Defense and Commercial Platform) and by Geography - Global Forecast to 2020

By: marketsandmarkets.com
Publishing Date: December 2015
Report Code: AS 2417

 

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The inertial navigation system (INS) market is projected to grow from USD 4.64 Billion in 2015 to USD 8.87 Billion by 2020, at a CAGR of 13.81% during the forecast period of 2015 to 2020. The market for INS is driven by various factors, such as easy availability of smaller robust components, rising need for accuracy in navigation, and growth in passenger traffic worldwide. This report covers the forecasts of the inertial navigation system market and its dynamics over the next five years while analyzing the market applications, evolving technologies, recent developments in the market, and high potential geographic regions and countries. The report includes market dynamics, such as drivers, restraints, challenges, and opportunities, along with Porter’s Five Forces analysis and a life cycle analysis of this market. The base year for the study is 2014 and the forecast period is from 2015 to 2020.

An inertial navigation system is a highly complex and technologically advanced product. It is used in the high end defense, commercial purpose vehicles, and space & naval vessels. Being one of technologically advanced product and having limited application, the product is largely distributed through direct distribution channel. Some of the major players in the defense equipment business, requiring inertial navigations systems, have in-house manufacturing facilities to produce the same, instead of procuring from third-party vendors.

The market size estimations for the various segments and subsegments of this market were arrived at through extensive secondary research, corroboration with primaries, and further market triangulation with the help of statistical techniques using econometric tools. This research study involved the usage of both primary and secondary sources. Secondary sources include directories and databases, such as Hoovers, Bloomberg Businessweek, and Factiva to identify and collect relevant information on the inertial navigation systems market. Major players of INS market were identified across regions and their offerings, distribution channel, and regional presence was understood through in-depth discussions. Also, average revenue generated by these companies segmented by region was used to arrive at the overall market size.

Inertial Navigation System Market

To know about the assumptions considered for the study, download the pdf brochure

The ecosystem of the inertial navigation systems market comprises various component suppliers of for inertial navigation systems. The various INS component manufactures and suppliers such as NovTel Inc., ASC Gmbh, and ETLG Aerosystems, which produce Inertial Measurement Unit (IMU) and different gyro sensors manufactures such as Future electronics, Sensonor AS, and Xsens Technologies B.V. that sell various components to INS manufacturers are an important part of the INS ecosystem.

This study answers several questions for the stakeholders; primarily which segments to focus over the next five years for prioritizing efforts and investments.

Target Audience

  • Commercial Aircraft Manufacturers
  • Defense Equipment Manufacturers
  • Sub-component Manufacturers
  • Technology Support Providers

Scope of the Report

Inertial Navigation System Market, By Product Grade

  • Marine
  • Navigation
  • Tactical
  • Commercial

Inertial Navigation System Market, By Application

  • Commercial
  • Airborne
  • Land
  • Naval

Inertial Navigation System Market, By Technology

  • Ring Laser Gyro
  • Fiber Optic Gyro
  • Micro Electric Mechanical Systems
  • Mechanical
  • Vibrating Gyro
  • Hemispherical Resonator Gyro

Inertial Navigation System Market, By Geography

  • North America
  • Europe
  • Asia-Pacific
  • The Middle East
  • Rest of the World

Available Customization

With the given market data, MarketsandMarkets offers customizations in accordance to company-specific needs. The following customization options are available for the report:

  • Market Analysis

Inertial Navigation System Market, By Platform

  • Strap down platform
  • Stable platform

Inertial Navigation System Market, By Geography

  • Latin America
  • Africa

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Distribution Channel Participants
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Demand Side Analysis
           2.2.1 Higher Availability of Smaller and Robust Component
           2.2.2 Rising Need for Accuracy in Navigation & Control
           2.2.3 Growth in Passenger Air Traffic
    2.3 Market Size Estimation
                    2.3.1.1 Bottom-Up Approach
                    2.3.1.2 Top-Down Approach
    2.4 Market Breakdown & Data Triangulation
    2.5 Assumptions

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 34)
    4.1 Attractive Market Opportunities in Inertial Navigation System Market
    4.2 Inertial Navigation System Market , By Product, 2015 -2020
    4.3 Inertial Navigation System Market Share in the Asia-Pacific Region
    4.4 North America Accounts for the Largest Market Share Amongst All the Regions, 2015
    4.5 Inertial Navigation System Market: By Application
    4.6 Inertial Navigation System Market: Emerging V/S Matured Nations (2015-2020)
    4.7 Life Cycle Analysis, By Region

5 Market Overview (Page No. - 38)
    5.1 Introduction
    5.2 Market Segmentation
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Number of Aircraft
                    5.3.1.2 Technological Advancements in Navigation Systems
                    5.3.1.3 Increasing Demand for Accuracy in Navigation
                    5.3.1.4 Availability of Smaller Component At Lower Cost
           5.3.2 Restraints
                    5.3.2.1 Operational Complexity in Ins
           5.3.3 Opportunities
                    5.3.3.1 Integration With Other Systems
           5.3.4 Challenges
                    5.3.4.1 Error Propagation
                    5.3.4.2 System Initializations

6 Industry Trends (Page No. - 43)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Supply Chain Analysis
           6.3.1 Key Influencers
           6.3.2 Technology Trends
    6.4 Porter’s Five Forces Analysis
           6.4.1 Threat From New Entrants
           6.4.2 Threat of Substitutes
           6.4.3 Bargaining Power of Suppliers
           6.4.4 Bargaining Power of Buyers
           6.4.5 Intensity of Competitive Rivalry
    6.5 Strategic Benchmarking
           6.5.1 Product Positioning Strategy
           6.5.2 Market Retention Strategy
           6.5.3 Market Dominance

7 Inertial Navigation System, By Product Grade (Page No. - 50)
    7.1 Introduction
    7.2 Marine Grade
    7.3 Navigation Grade
    7.4 Tactical Grade
    7.5 Commercial Grade

8 Inertial Navigation System Market, By Application (Page No. - 55)
    8.1 Introduction
    8.2 Commercial Platform Market
    8.3 Airborne Platform Market
    8.4 Land Platform Market
    8.5 Naval Platform Market

9 Inertial Navigation System Market, By Technology (Page No. - 61)
    9.1 Introduction
    9.2 Ring Laser GYRO Inertial Navigation System Market
    9.3 Fibre Optic GYRO Inertial Navigation System Market
    9.4 Micro Electric Mechanical Systems Based Inertial Navigation System Market
    9.5 Mechanical Inertial Navigation System Market
    9.6 Vibrating GYRO Inertial Navigation System Market
    9.7 Hemispherical Resonator GYRO Inertial Navigation System Market

10 Inertial Navigation System Market, By Geography (Page No. - 70)
     10.1 Introduction
     10.2 North America
              10.2.1 By Product Grade
              10.2.2 By Application
                         10.2.2.1 By Naval Platform
                         10.2.2.2 By Airborne Platform
                         10.2.2.3 By Land Platform
              10.2.3 By Technology
              10.2.4 By Country
                         10.2.4.1 U.S.
                                10.2.4.1.1 By Product Grade
                                10.2.4.1.2 By Application
                                10.2.4.1.3 By Technology
                         10.2.4.2 Canada
                                10.2.4.2.1 By Product Grade
                                10.2.4.2.2 By Application
                                10.2.4.2.3 By Technology
     10.3 Europe
              10.3.1 By Product Grade
              10.3.2 By Application
                         10.3.2.1 By Naval Platform
                         10.3.2.2 By Airborne Platform
                         10.3.2.3 By Land Platform
              10.3.3 By Technology
              10.3.4 By Country
                         10.3.4.1 U.K.
                                10.3.4.1.1 By Product Grade
                                10.3.4.1.2 By Application
                                10.3.4.1.3 By Technology
                         10.3.4.2 Russia
                                10.3.4.2.1 By Product Grade
                                10.3.4.2.2 By Application
                                10.3.4.2.3 By Technology
                         10.3.4.3 Germany
                                10.3.4.3.1 By Product Grade
                                10.3.4.3.2 By Application
                                10.3.4.3.3 By Technology
                         10.3.4.4 France
                                10.3.4.4.1 By Product Grade
                                10.3.4.4.2 By Application
                                10.3.4.4.3 By Technology
                         10.3.4.5 Turkey
                                10.3.4.5.1 By Product Grade
                                10.3.4.5.2 By Application
                                10.3.4.5.3 By Technology
     10.4 Asia-Pacific
              10.4.1 By Product Grade
              10.4.2 By Application
                         10.4.2.1 By Naval Platform
                         10.4.2.2 By Airborne Platform
                         10.4.2.3 By Land Platform
              10.4.3 By Technology
              10.4.4 By Country
                         10.4.4.1 China
                                10.4.4.1.1 By Product Grade
                                10.4.4.1.2 By Application
                                10.4.4.1.3 By Technology
                         10.4.4.2 India
                                10.4.4.2.1 By Product Grade
                                10.4.4.2.2 By Application
                                10.4.4.2.3 By Technology
                         10.4.4.3 Japan
                                10.4.4.3.1 By Product Grade
                                10.4.4.3.2 By Application
                                10.4.4.3.3 By Technology
                         10.4.4.4 South Korea
                                10.4.4.4.1 By Product Grade
                                10.4.4.4.2 By Application
                                10.4.4.4.3 By Technology
     10.5 the Middle East
              10.5.1 By Product Grade
              10.5.2 By Application
                         10.5.2.1 By Naval Platform
                         10.5.2.2 By Airborne Platform
                         10.5.2.3 By Land Platform
              10.5.3 By Technology
              10.5.4 By Country
                         10.5.4.1 Saudi Arabia
                                10.5.4.1.1 By Product Grade
                                10.5.4.1.2 By Application
                                10.5.4.1.3 By Technology
                         10.5.4.2 Israel
                                10.5.4.2.1 By Product Grade
                                10.5.4.2.2 By Application
                                10.5.4.2.3 By Technology
                         10.5.4.3 UAE
                                10.5.4.3.1 By Product Grade
                                10.5.4.3.2 By Application
                                10.5.4.3.3 By Technology
     10.6 Rest of the World
              10.6.1 By Product Grade
              10.6.2 By Application
                         10.6.2.1 By Naval Platform
                         10.6.2.2 By Airborne Platform
                         10.6.2.3 By Land Platform
              10.6.3 By Technology
              10.6.4 By Country
                         10.6.4.1 Brazil
                                10.6.4.1.1 By Product Grade
                                10.6.4.1.2 By Application
                                10.6.4.1.3 By Technology
                         10.6.4.2 South Africa
                                10.6.4.2.1 By Product Grade
                                10.6.4.2.2 By Application
                                10.6.4.2.3 By Technology

11 Competitive Landscape (Page No. - 118)
     11.1 Overview
     11.2 Market Share Analysis
     11.3 Competitive Situation & Trends
              11.3.1 Contracts
              11.3.2 New Product Launches
              11.3.3 Acquisitions
              11.3.4 Partnerships & Agreements
              11.3.5 Competitive Edge
              11.3.6 Expansions

12 Company Profiles (Page No. - 125)
     12.1 Introduction
     12.2 Financial Highlights of the Major Players in Inertial Navigation System Market
(Overview, Financials, Products & Services, Strategy, and Developments)*
     12.3 Northrop Grumman Corporation
     12.4 Honeywell International Inc.
     12.5 Sagem
     12.6 Rockwell Collins
     12.7 Thales Group
     12.8 Trimble Navigation Ltd.
     12.9 Lord Microstrain
     12.10 Vectornav Technologies, Llc.
     12.11 Systron Donner Inertial
     12.12 L-3 Communications Holdings, Inc.

*Details on Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 150)
     13.1 Discussion Guide
     13.2 Introducing RT: Real Time Market Intelligence
     13.3 Available Customizations
     13.4 Related Reports


List of Tables (108 Tables)

Table 1 Assumptions of the Research Study
Table 2 Inertial Navigation System Market Size, By Product Grade, 2013-2020 (USD MN)
Table 3 Marine Grade Market Size, By Region, 2013-2020 (USD MN)
Table 4 Navigation Grade Market Size, By Region, 2013-2020 (USD MN)
Table 5 Tactical Grade Market Size, By Region, 2013-2020 (USD MN)
Table 6 Commercial Grade Market Size, By Region, 2013-2020 (USD MN)
Table 7 Inertial Navigation System Market, By Application, 2013-2020 (USD MN)
Table 8 Commercial Application in Inertial Navigation System Market, By Region, 2013-2020 (USD MN)
Table 9 Airborne Platform Application in Inertial Navigation System Market,  By Region, 2013-2020 (USD MN)
Table 10 Land Platform Application in Inertial Navigation System Market, By Region, 2013-2020 (USD MN)
Table 11 Naval Platform Application in Inertial Navigation System Market,  By Region, 2013-2020 (USD MN)
Table 12 Inertial Navigation System Market Size, By Technology,2013-2020 (USD MN)
Table 13 RLG Inertial Navigation System Market Size, By Region,2013-2020 (USD MN)
Table 14 FOG Inertial Navigation System Market Size, By Region,2013-2020 (USD MN)
Table 15 MEMS Inertial Navigation System Market Size, By Region,2013-2020 (USD MN)
Table 16 Mechanical Inertial Navigation System Market Size, By Region, 2013-2020 (USD MN)
Table 17 Vibrating GYRO Inertial Navigation System Market Size, By Region, 2013-2020 (USD MN)
Table 18 Hemispherical Resonator GYRO Inertial Navigation System Market Size,  By Region, 2013-2020 (USD MN)
Table 19 Inertial Navigation System Market Size, By Region, 2013-2020 (USD MN)
Table 20 North America: Inertial Navigation System Market Size, By Product Grade, 2013-2020 (USD MN)
Table 21 North America: Inertial Navigation System Market Size, By Application, 2013-2020 (USD MN)
Table 22 North America: Inertial Navigation System Market Size, By Naval Platform, 2013-2020 (USD MN)
Table 23 North America: Inertial Navigation System Market Size, By Airborne Platform, 2013-2020 (USD MN)
Table 24 North America: Inertial Navigation System Market Size, By Land Platform, 2013-2020 (USD MN)
Table 25 North America: Inertial Navigation System Market Size, By Technology, 2013-2020 (USD MN)
Table 26 North America: Inertial Navigation System Market Size, By Country, 2013-2020 (USD MN)
Table 27 U.S.: Inertial Navigation System Market Size, By Product Grade, 2013-2020 (USD MN)
Table 28 U.S.: Inertial Navigation System Market Size, By Application, 2013-2020 (USD MN)
Table 29 U.S.: Inertial Navigation System Market Size, By Technology, 2013-2020 (USD MN)
Table 30 Canada: Inertial Navigation System Market Size, By Product Grade, 2013-2020 (USD MN)
Table 31 Canada: Inertial Navigation System Market Size, By Application, 2013-2020 (USD MN)
Table 32 Canada: Inertial Navigation System Market Size, By Technology, 2013-2020 (USD MN)
Table 33 Europe: Inertial Navigation System Market Size, By Product Grade, 2013-2020 (USD MN)
Table 34 Europe: Inertial Navigation System Market Size, By Application, 2013-2020 (USD MN)
Table 35 Europe: Inertial Navigation System Market Size, By Naval Platform, 2013-2020 (USD MN)
Table 36 Europe: Inertial Navigation System Market Size, By Airborne Platform, 2013-2020 (USD MN)
Table 37 Europe: Inertial Navigation System Market Size, By Land Platform, 2013-2020 (USD MN)
Table 38 Europe: Inertial Navigation System Market Size, By Technology, 2013-2020 (USD MN)
Table 39 Europe: Inertial Navigation System Market Size, By Country, 2013-2020 (USD MN)
Table 40 U.K.: Inertial Navigation System Market Size, By Product Grade, 2013-2020 (USD MN)
Table 41 U.K.: Inertial Navigation System Market Size, By Application, 2013-2020 (USD MN)
Table 42 U.K.: Inertial Navigation System Market Size, By Technology, 2013-2020 (USD MN)
Table 43 Russia: Inertial Navigation System Market Size, By Product Grade, 2013-2020 (USD MN)
Table 44 Russia: Inertial Navigation System Market Size, By Application, 2013-2020 (USD MN)
Table 45 Russia: Inertial Navigation System Market Size, By Technology, 2013-2020 (USD MN)
Table 46 Germany: Inertial Navigation System Market Size, By Product Grade, 2013-2020 (USD MN)
Table 47 Germany: Inertial Navigation System Market Size, By Application, 2013-2020 (USD MN)
Table 48 Germany: Inertial Navigation System Market Size, By Technology, 2013-2020 (USD MN)
Table 49 France: Inertial Navigation System Market Size, By Product Grade, 2013-2020 (USD MN)
Table 50 France: Inertial Navigation System Market Size, By Application, 2013-2020 (USD MN)
Table 51 France: Inertial Navigation System Market Size, By Technology, 2013-2020 (USD MN)
Table 52 Turkey: Inertial Navigation System Market Size, By Product Grade, 2013-2020 (USD MN)
Table 53 Turkey: Inertial Navigation System Market Size, By Application, 2013-2020 (USD MN)
Table 54 Turkey: Inertial Navigation System Market Size, By Technology, 2013-2020 (USD MN)
Table 55 Asia-Pacific: Inertial Navigation System Market Size, By Product Grade,  2013–2020 (USD MN)
Table 56 Asia-Pacific: Inertial Navigation System Market Size, By Application,  2013–2020 (USD MN)
Table 57 Asia-Pacific: Inertial Navigation System Market Size, By Naval Platform, 2013–2020 (USD MN)
Table 58 Asia-Pacific: Inertial Navigation System Market Size, By Airborne Platform, 2013–2020 (USD MN)
Table 59 Asia-Pacific: Inertial Navigation System Market Size, By Land Platform,  2013–2020 (USD MN)
Table 60 Asia-Pacific: Inertial Navigation System Market Size, By Technology,  2013–2020 (USD MN)
Table 61 Asia-Pacific: Inertial Navigation System Market Size, By Country,  2013–2020 (USD MN)
Table 62 China: Inertial Navigation System Market Size, By Product Grade,  2013–2020 (USD MN)
Table 63 China: Inertial Navigation System Market Size, By Application,  2013–2020 (USD MN)
Table 64 China: Inertial Navigation System Market Size, By Technology,  2013–2020 (USD MN)
Table 65 India: Inertial Navigation System Market Size, By Product Grade,  2013–2020 (USD MN)
Table 66 India: Inertial Navigation System Market Size, By Application,  2013–2020 (USD MN)
Table 67 India: Inertial Navigation System Market Size, By Technology,  2013–2020 (USD MN)
Table 68 Japan: Inertial Navigation System Market Size, By Product Grade,  2013–2020 (USD MN)
Table 69 Japan: Inertial Navigation System Market Size, By Application,  2013–2020 (USD MN)
Table 70 Japan: Inertial Navigation System Market Size, By Technology,  2013–2020 (USD MN)
Table 71 South Korea: Inertial Navigation System Market Size, By Product Grade, 2013–2020 (USD MN)
Table 72 South Korea: Inertial Navigation System Market Size, By Application,  2013–2020 (USD MN)
Table 73 South Korea : Inertial Navigation System Market Size, By Technology,  2013–2020 (USD MN)
Table 74 Middle East: Inertial Navigation System Market Size, By Product Grade, 2013-2020 (USD MN)
Table 75 Middle East: Inertial Navigation System Market Size, By Application, 2013-2020 (USD MN)
Table 76 Middle East: Inertial Navigation System Market Size, By Naval Platform, 2013-2020 (USD MN)
Table 77 Middle East : Inertial Navigation System Market Size, By Airborne Platform, 2013-2020 (USD MN)
Table 78 Middle East: Inertial Navigation System Market Size, By Land Platform, 2013-2020 (USD MN)
Table 79 Middle East: Inertial Navigation System Market Size, By Technology, 2013-2020 (USD MN)
Table 80 Middle East: Inertial Navigation System Market Size, By Country, 2013-2020 (USD MN)
Table 81 Saudi Arabia: Inertial Navigation System Market Size, By Product Grade, 2013-2020 (USD MN)
Table 82 Saudi Arabia: Inertial Navigation System Market Size, By Application, 2013-2020 (USD MN)
Table 83 Saudi Arabia: Inertial Navigation System Market Size, By Technology, 2013-2020 (USD MN)
Table 84 Israel: Inertial Navigation System Market Size, By Product Grade, 2013-2020 (USD MN)
Table 85 Israel: Inertial Navigation System Market Size, By Application, 2013-2020 (USD MN)
Table 86 Israel: Inertial Navigation System Market Size, By Technology, 2013-2020 (USD MN)
Table 87 UAE: Inertial Navigation System Market Size, By Product Grade, 2013-2020 (USD MN)
Table 88 UAE: Inertial Navigation System Market Size, By Application, 2013-2020 (USD MN)
Table 89 UAE: Inertial Navigation System Market Size, By Technology, 2013-2020 (USD MN)
Table 90 RoW: Inertial Navigation System Market Size, By Product Grade, 2013-2020 (USD MN)
Table 91 RoW: Inertial Navigation System Market Size, By Application, 2013-2020 (USD MN)
Table 92 RoW: Inertial Navigation System Market Size, By Naval Platform, 2013-2020 (USD MN)
Table 93 RoW: Inertial Navigation System Market Size, By Airborne Platform, 2013-2020 (USD MN)
Table 94 RoW: Inertial Navigation System Market Size, By Land Platform, 2013-2020 (USD MN)
Table 95 RoW: Inertial Navigation System Market Size, By Technology, 2013-2020 (USD MN)
Table 96 Rest of the World: Inertial Navigation System Market Size, By Country, 2013-2020 (USD MN)
Table 97 Brazil: Inertial Navigation Systems Market Size, By Product Grade, 2013-2020 (USD MN)
Table 98 Brazil: Inertial Navigation System Market Size, By Application, 2013-2020 (USD MN)
Table 99 Brazil: Inertial Navigation System Market Size, By Technology, 2013-2020 (USD MN)
Table 100 South Africa: Inertial Navigation System Market Size, By Product Grade, 2013-2020 (USD MN)
Table 101 South Africa: Inertial Navigation System Market Size, By Application, 2013-2020 (USD MN)
Table 102 South Africa: Inertial Navigation System Market Size, By Technology, 2013-2020 (USD MN)
Table 103 Contracts, 2013–2015
Table 104 New Product Launches, 2013–2015
Table 105 Acquisitions, 2013
Table 106 Partnerships & Agreements, 2013-2015
Table 107 Competitive Edge, 2013-2015
Table 108 Expansions, 2015
 
 
List of Figures (67 Figures)
 
Figure 1 Markets Covered : Inertial Navigation System Market
Figure 2 Study Years
Figure 3 Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation & Region
Figure 5 Number of Accidents Occurred From 2009-2013
Figure 6 Worldwide Passenger Growth in 2014
Figure 7 Worldwide Passenger Travelled By Air, 2010-2014
Figure 8 Market Size Estimation Methodology: Bottom-Up Approach
Figure 9 Market Size Estimation Methodology: Top-Down Approach
Figure 10 Market Breakdown & Data Triangulation
Figure 11 Vibrating GYRO Technology is Projected to Grow At A Highest CAGR During the Forecast Period
Figure 12 Asia-Pacific Region is Expected to Grow At the Highest CAGR
Figure 13 Commercial Application is Expected to Grow At the Highest CAGR During the Forecast Period
Figure 14 Contracts Were the Key Growth Strategies, 2012 - 2015
Figure 15 Attractive Market Opportunities in the Inertial Navigation System, 2015-2020
Figure 16 Commercial Grade Show the Maximum Growth in the Inertial Navigation System Market (2015-2020)
Figure 17 Navigation Grade Accounts for the Largest Share in the Asia-Pacific Region, 2015
Figure 18 Asia Pacific is Expected to Drive Growth of Ins Market in 2015
Figure 19 Naval Platform Will Dominate the Inertial Navigation System Market
Figure 20 Emerging Markets are Estimated to Drive Growth
Figure 21 Asia-Pacific is Expected to Be the Fastest-Growing Region During the Forecast Period
Figure 22 Inertial Navigation Systems Market Segmentation
Figure 23 Increasing Number of Aircraft is the Major Driver for the Inertial Navigation Systems Market
Figure 24 Aircraft Deliveries Till 2020
Figure 25 Inertial Navigation Systems Market Value-Chain Analysis
Figure 26 Supply Chain Analysis
Figure 27 Market Growth in RLG/FOG Technology Globally is A Growing Trend in the Inertial Navigation Systems Market
Figure 28 Porter’s Five Forces Analysis
Figure 29 Product Positioning Strategy Adopted By Key Market Players
Figure 30 Market Retention Strategies Adopted By the Key Players
Figure 31 Market Dominance By Key Market Players
Figure 32 Inertial Navigation System Market, By Region 2015 vs. 2020 (USD MN)
Figure 33 Inertial Navigation System Market, Applications
Figure 34 Commercial Platform Market, By Region, 2015–2020 (USD MN)
Figure 35 Airborne Platform Market, By Region, 2015–2020 (USD MN)
Figure 36 Land Platform Market, By Region, 2015–2020 (USD MN)
Figure 37 Naval Platform Market, By Region, 2015–2020 (USD MN)
Figure 38 Global Inertial Navigation System Market, By Technology,  2015 vs. 2020 (USD MN)
Figure 39 Ring Laser GYRO Inertial Navigation System Market, By Region,  2015 vs. 2020 (USD MN)
Figure 40 Fibre Optic GYRO Inertial Navigation System Market, By Region,  2015 vs. 2020 (USD MN)
Figure 41 MEMS Inertial Navigation System Market, By Region,  2015 vs. 2020 (USD MN)
Figure 42 Mechanical Inertial Navigation System Market, By Region,  2015 vs. 2020 (USD MN)
Figure 43 Vibrating GYRO Inertial Navigation System Market, By Region,  2015 vs. 2020 (USD MN)
Figure 44 Hemispherical Resonator GYRO Inertial Navigation System Market,  By Region, 2015 vs. 2020 (USD MN)
Figure 45 Geographic Snapshot (2015-2020): Countries in Asia-Pacific to Grow At the Highest CAGR During the Forecast Period
Figure 46 North American Inertial Navigation System Market Snapshot: the U.S. Commands the Largest Market Share
Figure 47 Europe Inertial Navigation System Market Snapshot: the U.K. Commands the Largest Market Share
Figure 48 Asia-Pacific Inertial Navigation System Market Snapshot: China Commands the Largest Market Share
Figure 49 Middle East Inertial Navigation System Market Snapshot: Saudi Arabia Commands the Largest Market Share
Figure 50 Companies Adopted New Contracts as the Key Growth Strategy Between 2013 and 2015
Figure 51 Market Share Analysis, 2014
Figure 52 Battle for Market Shares: Gaining New Contracts is the Key Strategy, 2012 - 2015
Figure 53 Geographical Revenue Mix : Key Players, 2014
Figure 54 Financial Highlights of the Major Players in Inertial Navigation System Market
Figure 55 Northrop Grumman Corporation: Company Snapshot
Figure 56 Northrop Grumman Corporation.: SWOT Analysis
Figure 57 Honeywell International Inc.: Company Snapshot
Figure 58 Honeywell International Inc.: SWOT Analysis
Figure 59 Safran Group: Company Snapshot
Figure 60 Sagem: SWOT Analysis
Figure 61 Rockwell Collins: Company Snapshot
Figure 62 Rockwell Collins: SWOT Analysis
Figure 63 Thales Group: Company Snapshot
Figure 64 Thales Group: SWOT Analysis
Figure 65 Trimble Navigation Ltd.: Company Snapshot
Figure 66 Lord Microstrain: Company Snapshot
Figure 67 L-3 Communications Holdings, Inc.: Company Snapshot

The inertial navigation system (INS) market is projected to grow from USD 4.64 Billion in 2015 to USD 8.87 Billion by 2020, at a CAGR of 13.81% during the forecast period. Various factors, such as increase in the number of aircraft, technological advancement in navigation systems, and increase in demand for accuracy are expected to drive the growth of the inertial navigation system market.

The market is segregated on the basis of product grade, application, technology, and geography. The product grade segment includes marine, navigation, tactical, and commercial grade, in which the navigation subsegment constituted the largest share among all product grades. The demand for INS is growing at a steady pace across the globe. High availability of MEMS gyroscopes, accelerometers, and magnetometers have driven the growth in the INS market. Advancements in all these components used in making INS have made it cheaper and affordable and the margin for error has also been minimized significantly.

The INS applications covered under this study include commercial, airborne, land, and naval applications. The commercial application of INS is expected to grow at the highest CAGR during the forecast period, owing to the availability of smaller INS components at lower cost which are suitable for the commercial applications. The land, airborne, and naval subsegments together form a part of the defense application of INS market.

Ring laser gyro, fiber optic gyro, micro electric mechanical systems, mechanical, vibrating gyro, and hemispherical resonator gyro are the technologies considered for this study. Vibrating gyro technology segment is projected to grow at the highest CAGR during the review period due to its ability to provide high grade and low noise navigation and accurate attitude measurement in extreme weather conditions.

North America is estimated to be the largest market for INS in 2015 and is expected to constitute largest part until the end of 2020. Huge military spending and increase in demand for new commercial aircraft are the few drivers for INS market in this region. Asia-Pacific is expected to witness the highest CAGR among all regions.

Inertial Navigation System Market

Some factors, such as the reduced defense budget and operational complexities, limit the growth of this market. The products offered by various companies in the inertial navigation system market have been listed in this report. The recent developments section of the report contains recent and important developments by the companies between 2012 and 2015. The major players in the INS market are Northrop Grumman Corporation (U.S.), Honeywell International Inc. (U.S.), Sagem (France) and, Rockwell Collins (U.S.). The strategy of contracts accounted for a major share of the total growth strategies adopted by the leading players in the INS market. For instance, Rockwell Collins’ (U.S.) strategy has been to focus on securing contracts to provide communication and navigation systems to many airlines. These strategies have helped these companies maintain their leadership position in the market.

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The client needed a separate market share analysis of both, Russia and non-Russia INS manufacturers in ....

The client needed a separate market share analysis of both, Russia and non-Russia INS manufacturers in the Russian market. The major manufacturers of the INS in Russia were identified and included in the customization with their market share.

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