Market Overview:
The global tactical inertial systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced navigation and positioning systems in defense and commercial applications. Additionally, the increasing adoption of inertial measurement units (IMUs) in unmanned aerial vehicles (UAVs) is also contributing to the growth of this market. The global tactical inertial systems market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into magnetometers, accelerometers, inertial navigation systems (INS), multi-axis sensors, and others. The INS segment is expected to grow at a CAGR of 6% during the forecast period from 2018 to 2030 owing to its growing demand in defense applications such as missile guidance and target tracking. On the basis of application,the global tactical inertial systemsmarket can be classified into land-based applications; air-based applications;and sea-basedapplications .
Product Definition:
Tactical inertial systems are devices used to improve the accuracy of gunfire from a moving platform, such as a ship or tank. These systems use sensors to calculate the movement of the vehicle and then adjust the aim of the weapon accordingly. This allows for more accurate shots even when moving or firing on the move.
Magnetometers:
Magnetometers are instruments that measure the strength of magnetic fields. They are used in inertial navigation systems for measuring attitude, rotation rate, and spin rates of the vehicle.
Accelerometers:
Accelerometers are devices that measure the rate of change in inertial properties. They are used to measure accelerations and vibrations in order to calculate position, force, or motion. The market is expected to witness growth over the forecast period owing to increasing demand for smartphones and tablets coupled with rising consumer awareness regarding technological advancements such as gesture recognition and biometric systems.
Application Insights:
The global market is segmented by application into land, air, and sea based on the type of application. The land-based applications include military & defense as well as commercial applications. The air-based applications include civil aviation and defense aircraft inertial navigation systems. The sea-based or maritime applications consist of shipping & transportational industries that require highly accurate sensors for their vessels to avoid collision risks at high speeds in narrow channels or while docking. Inertial navigation systems are also installed on ships to enable them to maneuver accurately while loading/unloading cargo from/to vessels, moving through narrow channels and avoiding collision risks at high speeds in close proximity to other boats or ships.
Regional Analysis:
North America dominated the global market in 2016 and is expected to continue its dominance over the forecast period. The U.S. military has been making extensive use of IBS for navigation, targeting, and force protection applications since the past few years owing to their high availability in terms of cost-effectiveness as well as operational effectiveness at scale.
The Asia Pacific region accounted for a revenue share of more than 15% in 2016 owing to growing demand from China's armed forces along with other Asian countries like Japan and India that have been expanding their defense budgets every year on an average since 2011 (except 2012).
Growth Factors:
- Increasing demand for inertial measurement units (IMUs) in unmanned aerial vehicles (UAVs) and unmanned ground vehicles (UGVs)
- Growing popularity of tactical navigation systems in military and defense applications
- Rising demand for gyroscopes and accelerometers in smartphones, tablets, and other portable electronics devices
- Proliferation of advanced sensors technologies across a wide range of industries
- Emergence of next-generation inertial measurement technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Tactical Inertial Systems Market Research Report
By Type
Magnetometers, Accelerometers, Inertial Navigation Systems, Multi-axis Sensors, Others
By Application
Land, Air, Sea
By Companies
Collins Aerospace, Honeywell, Analog Devices, Safran Group, MEMSIC, LORD Corp, Moog, SAGEM, SBG Systems, Systron Donner Inertial, Thales Group, Northrop Grumman, Trimble Navigation, VectorNav
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Tactical Inertial Systems Market Report Segments:
The global Tactical Inertial Systems market is segmented on the basis of:
Types
Magnetometers, Accelerometers, Inertial Navigation Systems, Multi-axis Sensors, 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
Land, Air, Sea
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:
- Collins Aerospace
- Honeywell
- Analog Devices
- Safran Group
- MEMSIC
- LORD Corp
- Moog
- SAGEM
- SBG Systems
- Systron Donner Inertial
- Thales Group
- Northrop Grumman
- Trimble Navigation
- VectorNav
Highlights of The Tactical Inertial Systems 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:
- Magnetometers
- Accelerometers
- Inertial Navigation Systems
- Multi-axis Sensors
- Others
- By Application:
- Land
- Air
- Sea
- 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 Tactical Inertial Systems 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?
Tactical inertial systems (TIS) are a type of sensor system that uses accelerometers, gyroscopes, and magnetometers to measure the orientation and motion of objects in space. TIS can be used to improve the accuracy of weapon fire by providing feedback on the movement of targets.
Some of the major companies in the tactical inertial systems market are Collins Aerospace, Honeywell, Analog Devices, Safran Group, MEMSIC, LORD Corp, Moog, SAGEM, SBG Systems, Systron Donner Inertial, Thales Group, Northrop Grumman, Trimble Navigation, VectorNav.
The tactical inertial systems market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tactical Inertial Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Tactical Inertial Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tactical Inertial Systems Market - Supply Chain
4.5. Global Tactical Inertial Systems Market Forecast
4.5.1. Tactical Inertial Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tactical Inertial Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tactical Inertial Systems Market Absolute $ Opportunity
5. Global Tactical Inertial Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Tactical Inertial Systems Market Size and Volume Forecast by Type
5.3.1. Magnetometers
5.3.2. Accelerometers
5.3.3. Inertial Navigation Systems
5.3.4. Multi-axis Sensors
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tactical Inertial Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Tactical Inertial Systems Market Size and Volume Forecast by Application
6.3.1. Land
6.3.2. Air
6.3.3. Sea
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tactical Inertial Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Tactical Inertial Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Tactical Inertial Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Tactical Inertial Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Tactical Inertial Systems Demand Share Forecast, 2019-2026
9. North America Tactical Inertial Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Tactical Inertial Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Tactical Inertial Systems Market Size and Volume Forecast by Application
9.4.1. Land
9.4.2. Air
9.4.3. Sea
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tactical Inertial Systems Market Size and Volume Forecast by Type
9.7.1. Magnetometers
9.7.2. Accelerometers
9.7.3. Inertial Navigation Systems
9.7.4. Multi-axis Sensors
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Tactical Inertial Systems Demand Share Forecast, 2019-2026
10. Latin America Tactical Inertial Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Tactical Inertial Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Tactical Inertial Systems Market Size and Volume Forecast by Application
10.4.1. Land
10.4.2. Air
10.4.3. Sea
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tactical Inertial Systems Market Size and Volume Forecast by Type
10.7.1. Magnetometers
10.7.2. Accelerometers
10.7.3. Inertial Navigation Systems
10.7.4. Multi-axis Sensors
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Tactical Inertial Systems Demand Share Forecast, 2019-2026
11. Europe Tactical Inertial Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Tactical Inertial Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Tactical Inertial Systems Market Size and Volume Forecast by Application
11.4.1. Land
11.4.2. Air
11.4.3. Sea
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tactical Inertial Systems Market Size and Volume Forecast by Type
11.7.1. Magnetometers
11.7.2. Accelerometers
11.7.3. Inertial Navigation Systems
11.7.4. Multi-axis Sensors
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Tactical Inertial Systems Demand Share, 2019-2026
12. Asia Pacific Tactical Inertial Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Tactical Inertial Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Tactical Inertial Systems Market Size and Volume Forecast by Application
12.4.1. Land
12.4.2. Air
12.4.3. Sea
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tactical Inertial Systems Market Size and Volume Forecast by Type
12.7.1. Magnetometers
12.7.2. Accelerometers
12.7.3. Inertial Navigation Systems
12.7.4. Multi-axis Sensors
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Tactical Inertial Systems Demand Share, 2019-2026
13. Middle East & Africa Tactical Inertial Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Tactical Inertial Systems Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Tactical Inertial Systems Market Size and Volume Forecast by Application
13.4.1. Land
13.4.2. Air
13.4.3. Sea
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tactical Inertial Systems Market Size and Volume Forecast by Type
13.7.1. Magnetometers
13.7.2. Accelerometers
13.7.3. Inertial Navigation Systems
13.7.4. Multi-axis Sensors
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Tactical Inertial Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tactical Inertial Systems Market: Market Share Analysis
14.2. Tactical Inertial Systems Distributors and Customers
14.3. Tactical Inertial Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Collins Aerospace
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Analog Devices
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Safran Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MEMSIC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LORD Corp
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Moog
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SAGEM
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SBG Systems
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Systron Donner Inertial
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Thales Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Northrop Grumman
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Trimble Navigation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. VectorNav
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook