Inertial navigation system (INS) market is anticipated to grow at a CAGR 9.0 % during the forecast period (2023-2030). The market’s growth is attributed to growing demand in autonomous vehicles such as autonomous unmanned vehicles (AUVs), unmanned aerial vehicles (UAVs), and autonomous cars across the globe. The vehicles require precise navigation systems, such as INS, for efficient and secure operations. The current technological advancements have made autonomous vehicles more reliable, that has increased their demand and subsequently the demand for navigation systems like INS. The development of autonomous vehicles and navigation systems has enabled more efficient and safe operations, that drives the INS market in the future. For instance, in April 2023, Exail, launched the Rovins 9 DVL is a new all-in-one system that combines the latest innovations of inertial navigation and Doppler Velocity Log (DVL) technology. With the new tightly integrated technology, the company provides highly accurate and dependable submerged navigation to subsea vehicle makers.
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The primary factors supporting the growth include the growing demand for precise motion detection systems. As the exact position and orientation data are calculated with acceleration and velocity changes, accelerometers are vital components of the inertial navigation system. High-performance accelerometers have grown increasingly important owing to the growing use of inertial navigation systems in several industries, such as aviation, maritime, and defense. Additionally, the market for inertial navigation systems is driven by the development of accelerometers owing to developments in sensor technology, including smaller size and increased sensitivity. Accelerometers emerge as a critical component fueling the growth and innovation within the inertial navigation systems market, as industries continue to pursue accurate navigation solutions.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Inertial Navigation Systems Market Report Segment
By Platform
- Aircraft
- Missiles
- Space Launch Vehicles
- Marine
- Military Armored Vehicle
- Unmanned Aerial Vehicle
- Unmanned Ground Vehicle
- Unmanned Marine Vehicle
By Component
- Accelerometers
- Gyroscopes
- Algorithms & Processors
By Grade
- Marine Grade
- Navigation Grade
- Tactical Grade
- Space Grade
- Commercial Grade
By End-User
- Commercial & Government
- Defense
Global Inertial Navigation Systems Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global inertial navigation system (INS) market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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