The global twaxis gyroscope market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for twaxis gyroscopes in defense and aerospace applications. The increasing use of these devices in defense and aerospace applications is due to their ability to provide accurate information about the orientation of an object or vehicle, which helps in navigation and guidance systems.
MEMS gyroscopes are expected to dominate the global twaxis gyroscope market during the forecast period, owing to their low cost and high accuracy levels. Ring laser gyroscopes (RLG) are also expected to witness significant growth during the forecast period due to their high accuracy levels as compared with other types of twaxis gyroscopes such as FOGs, HRGs, DTGs, etc, which have lower accuracy levels than RLGs.
-The demand for two-axis gyroscopes is expected to grow as the number of applications in which they are used increases. -Two axis gyroscopes are used in a wide range of industries, including aerospace, automotive, and consumer electronics.
-Two axis gyroscopes are used in a wide range of industries, including aerospace, automotive, and consumer electronics. -Aerospace companies use two axis gyroscopes to measure aircraft attitude and angular velocity during flight. Automotive companies use them to measure vehicle yaw rate and angular velocity during driving maneuvers. Consumer electronics companies use them for motion sensing devices such as game controllers or remote controls that require accurate orientation information about their position relative to the ground or other objects around them.
Industry Growth Insights published a new data on “Two-Axis Gyroscope Market”. The research report is titled “Two-Axis Gyroscope Market research by Types (MEMS Gyroscope, Ring Laser Gyroscope (RLG), Fiber-Optic Gyroscope (FOG), Hemispherical Resonator Gyroscope (HRG), Dynamically Tuned Gyroscope (DTG), Others), By Applications (Defense, Aerospace, Remotely Operated Vehicle (ROV), Industrial, Medical), By Players/Companies Analog Devices Inc. (U.S.), Colibrys Ltd. (Switzerland), Fizoptika Corp. (Russia), Honeywell International Inc. (U.S.), InnaLabs (Ireland), InvenSense, Inc. (U.S.), Kionix, Inc. (U.S.), KVH Industries, Inc. (U.S.), Murata Manufacturing Co., Ltd. (Japan), Northrop Grumman LITEF GmbH (Germany), NXP Semiconductors N.V. (Netherlands), Robert Bosch GmbH (Germany), Sensonsor AS (Norway), STMicroelectronics N.V. (Switzerland), Systron Donner Inertial (U.S.)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Two-Axis Gyroscope Market Research Report
By Type
MEMS Gyroscope, Ring Laser Gyroscope (RLG), Fiber-Optic Gyroscope (FOG), Hemispherical Resonator Gyroscope (HRG), Dynamically Tuned Gyroscope (DTG), Others
By Application
Defense, Aerospace, Remotely Operated Vehicle (ROV), Industrial, Medical
By Companies
Analog Devices Inc. (U.S.), Colibrys Ltd. (Switzerland), Fizoptika Corp. (Russia), Honeywell International Inc. (U.S.), InnaLabs (Ireland), InvenSense, Inc. (U.S.), Kionix, Inc. (U.S.), KVH Industries, Inc. (U.S.), Murata Manufacturing Co., Ltd. (Japan), Northrop Grumman LITEF GmbH (Germany), NXP Semiconductors N.V. (Netherlands), Robert Bosch GmbH (Germany), Sensonsor AS (Norway), STMicroelectronics N.V. (Switzerland), Systron Donner Inertial (U.S.)
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Two-Axis Gyroscope Market Report Segments:
The global Two-Axis Gyroscope market is segmented on the basis of:
Types
MEMS Gyroscope, Ring Laser Gyroscope (RLG), Fiber-Optic Gyroscope (FOG), Hemispherical Resonator Gyroscope (HRG), Dynamically Tuned Gyroscope (DTG), 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, Aerospace, Remotely Operated Vehicle (ROV), Industrial, Medical
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:
- Analog Devices Inc. (U.S.)
- Colibrys Ltd. (Switzerland)
- Fizoptika Corp. (Russia)
- Honeywell International Inc. (U.S.)
- InnaLabs (Ireland), InvenSense, Inc. (U.S.)
- Kionix, Inc. (U.S.)
- KVH Industries, Inc. (U.S.)
- Murata Manufacturing Co., Ltd. (Japan)
- Northrop Grumman LITEF GmbH (Germany)
- NXP Semiconductors N.V. (Netherlands)
- Robert Bosch GmbH (Germany)
- Sensonsor AS (Norway)
- STMicroelectronics N.V. (Switzerland)
- Systron Donner Inertial (U.S.)
Highlights of The Two-Axis Gyroscope 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:
- MEMS Gyroscope
- Ring Laser Gyroscope (RLG)
- Fiber-Optic Gyroscope (FOG)
- Hemispherical Resonator Gyroscope (HRG)
- Dynamically Tuned Gyroscope (DTG)
- Others
- By Application:
- Defense
- Aerospace
- Remotely Operated Vehicle (ROV)
- Industrial
- Medical
- 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 Two-Axis Gyroscope 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?
A two-axis gyroscope is a type of gyroscope that has two axes of rotation. This type of gyroscope is often used in devices that need to maintain orientation, such as drones and robots.
Some of the major companies in the two-axis gyroscope market are Analog Devices Inc. (U.S.), Colibrys Ltd. (Switzerland), Fizoptika Corp. (Russia), Honeywell International Inc. (U.S.), InnaLabs (Ireland), InvenSense, Inc. (U.S.), Kionix, Inc. (U.S.), KVH Industries, Inc. (U.S.), Murata Manufacturing Co., Ltd. (Japan), Northrop Grumman LITEF GmbH (Germany), NXP Semiconductors N.V. (Netherlands), Robert Bosch GmbH (Germany), Sensonsor AS (Norway), STMicroelectronics N.V. (Switzerland), Systron Donner Inertial (U.S.).
The two-axis gyroscope 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. Two-Axis Gyroscope 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. Two-Axis Gyroscope Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Two-Axis Gyroscope Market - Supply Chain
4.5. Global Two-Axis Gyroscope Market Forecast
4.5.1. Two-Axis Gyroscope Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Two-Axis Gyroscope Market Size (000 Units) and Y-o-Y Growth
4.5.3. Two-Axis Gyroscope Market Absolute $ Opportunity
5. Global Two-Axis Gyroscope 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. Two-Axis Gyroscope Market Size and Volume Forecast by Type
5.3.1. MEMS Gyroscope
5.3.2. Ring Laser Gyroscope (RLG)
5.3.3. Fiber-Optic Gyroscope (FOG)
5.3.4. Hemispherical Resonator Gyroscope (HRG)
5.3.5. Dynamically Tuned Gyroscope (DTG)
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Two-Axis Gyroscope 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. Two-Axis Gyroscope Market Size and Volume Forecast by Application
6.3.1. Defense
6.3.2. Aerospace
6.3.3. Remotely Operated Vehicle (ROV)
6.3.4. Industrial
6.3.5. Medical
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Two-Axis Gyroscope 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. Two-Axis Gyroscope 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 Two-Axis Gyroscope 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. Two-Axis Gyroscope 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 Two-Axis Gyroscope Demand Share Forecast, 2019-2026
9. North America Two-Axis Gyroscope 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 Two-Axis Gyroscope 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 Two-Axis Gyroscope Market Size and Volume Forecast by Application
9.4.1. Defense
9.4.2. Aerospace
9.4.3. Remotely Operated Vehicle (ROV)
9.4.4. Industrial
9.4.5. Medical
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Two-Axis Gyroscope Market Size and Volume Forecast by Type
9.7.1. MEMS Gyroscope
9.7.2. Ring Laser Gyroscope (RLG)
9.7.3. Fiber-Optic Gyroscope (FOG)
9.7.4. Hemispherical Resonator Gyroscope (HRG)
9.7.5. Dynamically Tuned Gyroscope (DTG)
9.7.6. 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 Two-Axis Gyroscope Demand Share Forecast, 2019-2026
10. Latin America Two-Axis Gyroscope 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 Two-Axis Gyroscope 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 Two-Axis Gyroscope Market Size and Volume Forecast by Application
10.4.1. Defense
10.4.2. Aerospace
10.4.3. Remotely Operated Vehicle (ROV)
10.4.4. Industrial
10.4.5. Medical
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Two-Axis Gyroscope Market Size and Volume Forecast by Type
10.7.1. MEMS Gyroscope
10.7.2. Ring Laser Gyroscope (RLG)
10.7.3. Fiber-Optic Gyroscope (FOG)
10.7.4. Hemispherical Resonator Gyroscope (HRG)
10.7.5. Dynamically Tuned Gyroscope (DTG)
10.7.6. 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 Two-Axis Gyroscope Demand Share Forecast, 2019-2026
11. Europe Two-Axis Gyroscope 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 Two-Axis Gyroscope 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 Two-Axis Gyroscope Market Size and Volume Forecast by Application
11.4.1. Defense
11.4.2. Aerospace
11.4.3. Remotely Operated Vehicle (ROV)
11.4.4. Industrial
11.4.5. Medical
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Two-Axis Gyroscope Market Size and Volume Forecast by Type
11.7.1. MEMS Gyroscope
11.7.2. Ring Laser Gyroscope (RLG)
11.7.3. Fiber-Optic Gyroscope (FOG)
11.7.4. Hemispherical Resonator Gyroscope (HRG)
11.7.5. Dynamically Tuned Gyroscope (DTG)
11.7.6. Others
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 Two-Axis Gyroscope Demand Share, 2019-2026
12. Asia Pacific Two-Axis Gyroscope 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 Two-Axis Gyroscope 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 Two-Axis Gyroscope Market Size and Volume Forecast by Application
12.4.1. Defense
12.4.2. Aerospace
12.4.3. Remotely Operated Vehicle (ROV)
12.4.4. Industrial
12.4.5. Medical
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Two-Axis Gyroscope Market Size and Volume Forecast by Type
12.7.1. MEMS Gyroscope
12.7.2. Ring Laser Gyroscope (RLG)
12.7.3. Fiber-Optic Gyroscope (FOG)
12.7.4. Hemispherical Resonator Gyroscope (HRG)
12.7.5. Dynamically Tuned Gyroscope (DTG)
12.7.6. 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 Two-Axis Gyroscope Demand Share, 2019-2026
13. Middle East & Africa Two-Axis Gyroscope 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 Two-Axis Gyroscope 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 Two-Axis Gyroscope Market Size and Volume Forecast by Application
13.4.1. Defense
13.4.2. Aerospace
13.4.3. Remotely Operated Vehicle (ROV)
13.4.4. Industrial
13.4.5. Medical
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Two-Axis Gyroscope Market Size and Volume Forecast by Type
13.7.1. MEMS Gyroscope
13.7.2. Ring Laser Gyroscope (RLG)
13.7.3. Fiber-Optic Gyroscope (FOG)
13.7.4. Hemispherical Resonator Gyroscope (HRG)
13.7.5. Dynamically Tuned Gyroscope (DTG)
13.7.6. 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 Two-Axis Gyroscope Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Two-Axis Gyroscope Market: Market Share Analysis
14.2. Two-Axis Gyroscope Distributors and Customers
14.3. Two-Axis Gyroscope Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Analog Devices Inc. (U.S.)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Colibrys Ltd. (Switzerland)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fizoptika Corp. (Russia)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Honeywell International Inc. (U.S.)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. InnaLabs (Ireland), InvenSense, Inc. (U.S.)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kionix, Inc. (U.S.)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KVH Industries, Inc. (U.S.)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Murata Manufacturing Co., Ltd. (Japan)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Northrop Grumman LITEF GmbH (Germany)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NXP Semiconductors N.V. (Netherlands)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Robert Bosch GmbH (Germany)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sensonsor AS (Norway)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. STMicroelectronics N.V. (Switzerland)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Systron Donner Inertial (U.S.)
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
