Fiber optic gyroscope (FOG) is used in sensing the object orientation and provides very accurate information about the rotational rate. The wide range of application of fiber optics gyroscope in ground detection, dynamic GPS tracking, missiles flight control, dynamic platform stabilization, guided ammunition, environmental observation, autonomous underwater vehicles, earth observation, surveying, remotely operated vehicles, and among other are influence the demand for fiber optics gyroscope market during the forecast period.
MARKET DYNAMICS
Growing defense investments in numerous developing and developed economies and the increasing adoption of automation in industries and homes are the major factors fueling the growth of the fiber optics gyroscope market. However, higher complexity in the manufacturing process and high investment and low cost-benefit ratio is the key restraining factors for the growth of the fiber optics gyroscope market. Factors such as the increasing demand for unmanned vehicles and rising industrialization generate significant opportunities for the fiber optics gyroscope market in the near future.
MARKET SCOPE
The "Global Fiber Optics Gyroscope Market Analysis to 2028"? is a specialized and in-depth study of the fiber optics gyroscope industry with a special focus on the global market trend analysis. The report aims to provide an overview fiber optics gyroscope market with detailed market segmentation as sensing axis, device, application, and geography. The global fiber optics gyroscope market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fiber optics gyroscope market players and offers key trends and opportunities in the fiber optics gyroscope market.
MARKET SEGMENTATION
The global fiber optics gyroscope market is segmented on the basis of sensing axis, device, application. On the basis of sensing axis the market is segmented as 1-axis, 2-axis, 3-axis. On the basis device the market is segmented as gyrocompass, inertial measurement unit, inertial navigation system, attitude heading reference system. On the basis of application the market is segmented as remotely operated vehicle guidance, aeronautics and aviation, robotics, industrial, defense and homeland security, tactical grade applications.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global fiber optics gyroscope market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fiber optics gyroscope market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting fiber optics gyroscope market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the fiber optics gyroscope market in these regions.
MARKET PLAYERS
The reports cover key developments in the fiber optics gyroscope market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from fiber optics gyroscope market are anticipated to lucrative growth opportunities in the future with the rising demand for fiber optics gyroscope in the global market. Below mentioned is the list of few companies engaged in the fiber optics gyroscope market.
The report also includes the profiles of key fiber optics gyroscope companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Advanced Navigation
- Cielo inertial Solutions Ltd.
- EMCORE Corporation
- FIZOPTIKA (Sentech Malta FP Ltd.)
- Honeywell International Inc.
- iXblue
- KVH Industries, Inc.
- NEDAERO
- Optolink Ltd.
- Safran Colibrys SA
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