Market Overview:
The global ring laser gyroscope optics assemblies market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for ring laser gyroscopes in various applications, such as satellite communication, aerospace, navigation, military application and precision instrument. Additionally, the growing demand for miniaturized and lightweight components is also contributing to the growth of this market. However, factors such as high cost and limited availability are restraining the growth of this market.
Product Definition:
A ring laser gyroscope (RLG) is a device that uses the interference of light beams passing through a closed loop of optical fiber to measure rotation. The basic principle behind an RLG is that the angular velocity of the device creates a Coriolis force on the beam, which causes deflection of the beam. This deflection can be measured using angle-sensitive detectors.
Plane Shape:
Plane shape is a property of surface relief on the earth's surface. The earth's curvature causes objects to appear bent or curved, as they move away from the straight line of sight. This effect is known as foreshortening and it can be represented by a series of concentric circles (known as meridians) radiating from the center.
The plane-shaped area in Fig 1 represents an idealized situation where all parts are equal distance from each other.
Concave Shape:
Concave shape is a characteristic of the lens which means that its curve inverses from the center to the edge. In other words, if we draw a straight line from the center of any lens to its outermost edge then that line will form a concave (inverted) curve. This shape is often preferred because it focuses light more efficiently and precisely than convex lenses. The main advantage of using concave shaped lenses is that they are easier to fabricate; i.
Application Insights:
The satellite communication application segment accounted for the largest share of over 30% in 2017. The demand is expected to be driven by growing usage in communication and navigation satellites. Satellite navigation systems such as GPS are becoming increasingly popular among consumers, which is likely to fuel the growth of this segment over the forecast period.
Aerospace application was one of the major segments that witnessed significant growth owing to increasing adoption of advanced technologies and equipment in aircraft manufacturing. Laser technology helps measure and track critical flight parameters such as attitude, heading, speed and location with high accuracy thereby contributing towards increased demand across aerospace applications globally. Navigation also accounted for a significant share due to its wide applicability across various industries including automotive sector where it plays an important role in providing highly accurate position information during vehicle navigation system operation or while using Global Positioning Systems (GPS).
Regional Analysis:
The market in North America accounted for the largest revenue share in 2017 owing to the presence of a large number of manufacturers and OEMs. The region is expected to continue its dominance over the forecast period, with an increase in demand from aerospace and satellite navigation application segments. This can be attributed to increasing investments by companies such as Boeing, Lockheed Martin Corporation., Airbus S.A., Globalstar Inc., Telesat Inc.; along with government initiatives encouraging space exploration and development programs across U.S.
Growth Factors:
- Increasing demand for Ring Laser Gyroscope Optics Assemblies in defense and aerospace applications
- Growing popularity of Ring Laser Gyroscope Optics Assemblies in navigation and guidance systems
- Rising demand for Ring Laser Gyroscope Optics Assemblies from commercial sectors
- Proliferation of unmanned aerial vehicles (UAVs) and increasing adoption of ring laser gyroscopes in these platforms
- Technological advancements leading to miniaturization of ring laser gyroscopes
Scope Of The Report
Report Attributes
Report Details
Report Title
Ring Laser Gyroscope Optics Assemblies Market Research Report
By Type
Plane Shape, Concave Shape, Convex Shape
By Application
Satellite Communication, Aerospace, Navigation, Military Application, Precision Instrument, Other
By Companies
Excelitas, Honeywell, Optics Balzers AG, G&H, COMSOL INC, Aeron Systems, Ascendent Technology Group, eLas educational Lasers, Safran, Northrop Grumman, Aerosun, Polyus, AVIC
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Ring Laser Gyroscope Optics Assemblies Market Report Segments:
The global Ring Laser Gyroscope Optics Assemblies market is segmented on the basis of:
Types
Plane Shape, Concave Shape, Convex Shape
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
Satellite Communication, Aerospace, Navigation, Military Application, Precision Instrument, Other
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:
- Excelitas
- Honeywell
- Optics Balzers AG
- G&H
- COMSOL INC
- Aeron Systems
- Ascendent Technology Group
- eLas educational Lasers
- Safran
- Northrop Grumman
- Aerosun
- Polyus
- AVIC
Highlights of The Ring Laser Gyroscope Optics Assemblies 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:
- Plane Shape
- Concave Shape
- Convex Shape
- By Application:
- Satellite Communication
- Aerospace
- Navigation
- Military Application
- Precision Instrument
- Other
- 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 Ring Laser Gyroscope Optics Assemblies 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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?
Ring laser gyroscopes are optical assemblies that use a ring of lasers to maintain orientation. The lasers emit light in a circular pattern and the ring captures the light and uses it to keep the gyroscope stable.
Some of the major players in the ring laser gyroscope optics assemblies market are Excelitas, Honeywell, Optics Balzers AG, G&H, COMSOL INC, Aeron Systems, Ascendent Technology Group, eLas educational Lasers, Safran, Northrop Grumman, Aerosun, Polyus, AVIC.
The ring laser gyroscope optics assemblies market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ring Laser Gyroscope Optics Assemblies 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 Ring Laser Gyroscope Optics Assemblies Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ring Laser Gyroscope Optics Assemblies 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 Ring Laser Gyroscope Optics Assemblies 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 Ring Laser Gyroscope Optics Assemblies Market Size & Forecast, 2020-2028
4.5.1 Ring Laser Gyroscope Optics Assemblies Market Size and Y-o-Y Growth
4.5.2 Ring Laser Gyroscope Optics Assemblies 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 Plane Shape
5.2.2 Concave Shape
5.2.3 Convex Shape
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 Satellite Communication
6.2.2 Aerospace
6.2.3 Navigation
6.2.4 Military Application
6.2.5 Precision Instrument
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ring Laser Gyroscope Optics Assemblies 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 Ring Laser Gyroscope Optics Assemblies 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 Plane Shape
9.6.2 Concave Shape
9.6.3 Convex Shape
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 Satellite Communication
9.10.2 Aerospace
9.10.3 Navigation
9.10.4 Military Application
9.10.5 Precision Instrument
9.10.6 Other
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 Plane Shape
10.6.2 Concave Shape
10.6.3 Convex Shape
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 Satellite Communication
10.10.2 Aerospace
10.10.3 Navigation
10.10.4 Military Application
10.10.5 Precision Instrument
10.10.6 Other
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 Plane Shape
11.6.2 Concave Shape
11.6.3 Convex Shape
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 Satellite Communication
11.10.2 Aerospace
11.10.3 Navigation
11.10.4 Military Application
11.10.5 Precision Instrument
11.10.6 Other
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 Plane Shape
12.6.2 Concave Shape
12.6.3 Convex Shape
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 Satellite Communication
12.10.2 Aerospace
12.10.3 Navigation
12.10.4 Military Application
12.10.5 Precision Instrument
12.10.6 Other
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 Plane Shape
13.6.2 Concave Shape
13.6.3 Convex Shape
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 Satellite Communication
13.10.2 Aerospace
13.10.3 Navigation
13.10.4 Military Application
13.10.5 Precision Instrument
13.10.6 Other
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 Ring Laser Gyroscope Optics Assemblies Market: Competitive Dashboard
14.2 Global Ring Laser Gyroscope Optics Assemblies Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Excelitas
14.3.2 Honeywell
14.3.3 Optics Balzers AG
14.3.4 G&H
14.3.5 COMSOL INC
14.3.6 Aeron Systems
14.3.7 Ascendent Technology Group
14.3.8 eLas educational Lasers
14.3.9 Safran
14.3.10 Northrop Grumman
14.3.11 Aerosun
14.3.12 Polyus
14.3.13 AVIC
