Market Overview:
The global high-end inertial sensors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The increasing demand for high-end inertial sensors in defense and military applications, aeronautics and astronautics, industrial applications, and consumer electronics is driving the growth of the global high-end inertial sensors market. The rising demand for advanced navigation systems in automobiles and unmanned aerial vehicles (UAVs) is also contributing to the growth of the global high-end inertial sensors market. However, factors such as limited battery life of portable devices may restrain the growth of this market during the forecast period.
Product Definition:
High-end inertial sensors are used in applications that require high performance and accuracy, such as navigation and guidance, surveying, image stabilization, and vehicle attitude control.
Accelerometer:
Accelerometer is a device that measures the rate of change of motion or acceleration. It is one of the key components in measuring inertial movement and orientation in high-end inertial sensors. The accelerometer market has witnessed significant growth over the past few years owing to its increasing usage in consumer electronic devices such as smartphones, tablets, smart wearables, etc.
Gyroscope:
Gyroscope is an instrument used in inertial measurement units to measure the rate of rotation about some specific axis. The gyroscope can be considered as a sensitive spinning wheel, which is mounted on a shaft and can be used to measure the rate of rotation by detecting any changes in its momentum.
Application Insights:
The defense and military segment dominated the global high-end inertial sensors market in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing investments in aerospace and defense sector across various countries. For instance, according to a study by IHS Markit, an investment of USD 8 billion would create more than 50,000 jobs in India's aerospace industry by 2030.
Aeronautics and astronautics is another major application area for high-end inertial sensors due to growing interest among governments towards space exploration programs. For instance, China has launched numerous satellites including Tiangong 1 & 2, which were designed and built using state-of-the art technology by Chinese scientists working with international partners such as Germany's Aerospace Center (DLR). Similarly, Japan also plans for its first lunar landing mission through its project called "EOROTCA" with support from Canada during the second half of 2020s.
Regional Analysis:
North America dominated the global high-end inertial sensor market in 2016 and is expected to continue over the forecast period. The growth can be attributed to increasing investments in defense & military, aerospace and automotive sectors. Moreover, growing demand for smartphones with advanced features such as GPS navigation and digital compass is anticipated to drive regional growth over the forecast period.
Asia Pacific is expected to witness significant growth owing to rising demand from consumer electronics manufacturers such as Samsung Electronics Co., Ltd., LG Electronics Inc., Sony Corporation, among others for incorporating gyroscopes, accelerometers into their smart phones/tablets. Increasing disposable income of consumers coupled with rapid technological advancements are also driving regional product demand across various application segments including defense & military sector which forms a major part of overall industry revenue share.
Growth Factors:
- Increasing demand for inertial sensors in automotive and aerospace applications
- Growing popularity of drones and unmanned aerial vehicles (UAVs)
- Rising demand for high-end inertial sensors in defense and security applications
- Proliferation of smart devices and the Internet of Things (IoT)
- Technological advancements in inertial sensor technology
Scope Of The Report
Report Attributes
Report Details
Report Title
High-End Inertial Sensors Market Research Report
By Type
Accelerometer, Gyroscope, Magnetometer, GNSS Receiver, Others
By Application
Defense and Military, Aeronautics and Astronautics, Industrial, Consumer Electronics, Others
By Companies
Honeywell, Northrop Grumman, Safran, iXblue, KVH, Meggitt PLC, GEM Elettronica, Kongsberg Gruppen, CASC, JAE, Silicon Sensing, Kearfott, EMCORE Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global High-End Inertial Sensors Market Report Segments:
The global High-End Inertial Sensors market is segmented on the basis of:
Types
Accelerometer, Gyroscope, Magnetometer, GNSS Receiver, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Defense and Military, Aeronautics and Astronautics, Industrial, Consumer Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell
- Northrop Grumman
- Safran
- iXblue
- KVH
- Meggitt PLC
- GEM Elettronica
- Kongsberg Gruppen
- CASC
- JAE
- Silicon Sensing
- Kearfott
- EMCORE Corporation
Highlights of The High-End Inertial Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Accelerometer
- Gyroscope
- Magnetometer
- GNSS Receiver
- Others
- By Application:
- Defense and Military
- Aeronautics and Astronautics
- Industrial
- Consumer Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High-End Inertial Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High-end inertial sensors are those that have the highest accuracy and precision. They are used in a variety of applications, such as automotive engineering, aviation, and space exploration.
Some of the major companies in the high-end inertial sensors market are Honeywell, Northrop Grumman, Safran, iXblue, KVH, Meggitt PLC, GEM Elettronica, Kongsberg Gruppen, CASC, JAE, Silicon Sensing, Kearfott, EMCORE Corporation.
The high-end inertial sensors market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High-End Inertial Sensors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High-End Inertial Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High-End Inertial Sensors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High-End Inertial Sensors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High-End Inertial Sensors Market Size & Forecast, 2020-2028
4.5.1 High-End Inertial Sensors Market Size and Y-o-Y Growth
4.5.2 High-End Inertial Sensors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Accelerometer
5.2.2 Gyroscope
5.2.3 Magnetometer
5.2.4 GNSS Receiver
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Defense and Military
6.2.2 Aeronautics and Astronautics
6.2.3 Industrial
6.2.4 Consumer Electronics
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High-End Inertial Sensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High-End Inertial Sensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Accelerometer
9.6.2 Gyroscope
9.6.3 Magnetometer
9.6.4 GNSS Receiver
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Defense and Military
9.10.2 Aeronautics and Astronautics
9.10.3 Industrial
9.10.4 Consumer Electronics
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Accelerometer
10.6.2 Gyroscope
10.6.3 Magnetometer
10.6.4 GNSS Receiver
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Defense and Military
10.10.2 Aeronautics and Astronautics
10.10.3 Industrial
10.10.4 Consumer Electronics
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Accelerometer
11.6.2 Gyroscope
11.6.3 Magnetometer
11.6.4 GNSS Receiver
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Defense and Military
11.10.2 Aeronautics and Astronautics
11.10.3 Industrial
11.10.4 Consumer Electronics
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Accelerometer
12.6.2 Gyroscope
12.6.3 Magnetometer
12.6.4 GNSS Receiver
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Defense and Military
12.10.2 Aeronautics and Astronautics
12.10.3 Industrial
12.10.4 Consumer Electronics
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Accelerometer
13.6.2 Gyroscope
13.6.3 Magnetometer
13.6.4 GNSS Receiver
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Defense and Military
13.10.2 Aeronautics and Astronautics
13.10.3 Industrial
13.10.4 Consumer Electronics
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High-End Inertial Sensors Market: Competitive Dashboard
14.2 Global High-End Inertial Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 Northrop Grumman
14.3.3 Safran
14.3.4 iXblue
14.3.5 KVH
14.3.6 Meggitt PLC
14.3.7 GEM Elettronica
14.3.8 Kongsberg Gruppen
14.3.9 CASC
14.3.10 JAE
14.3.11 Silicon Sensing
14.3.12 Kearfott
14.3.13 EMCORE Corporation
