[Research Report] The inertial sensor for land defense systems market size is projected to reach US$ 1,269.22 million by 2030 from US$ 846.30 million in 2022; it is estimated to record a CAGR of 5.2% from 2022 to 2030.
The report includes growth prospects in light of current inertial sensor for land defense systems market trends and driving factors influencing the market growth.
Analyst Perspective:
The reliability and precision of weapon systems are of utmost importance in land defense, which can be achieved through the use of inertial sensors. By accurately measuring the specific force and angular rate of the weapon system, these sensors provide real-time data that helps maintain the system's stability and accuracy. Inertial sensors find applications in various land defense systems, including artillery systems, missile guidance systems, unmanned ground vehicles (UGVs), and autonomous weapon platforms. These sensors provide critical data for navigation stabilization and other targeting purposes, enhancing the overall performance and reliability of these systems. Thus, the emphasis on weapon system reliability is boosting the demand for inertial sensors in land defense systems, which drives the inertial sensor for land defense systems market
Inertial Sensor for Land Defense Systems Market Overview:
The inertial sensor, also recognized as the inertial navigation system (INS), uses an accelerometer and gyro to determine the spacecraft's attitude in relation to the inertial system. These range from microelectromechanical systems (MEMS) inertial sensors, measuring only a few mm, to ring laser gyroscopes that are high-precision devices with a size of up to 50 cm. Advancements in microelectromechanical systems (MEMS) have significantly impacted the miniaturization, cost reduction, and improved performance of inertial sensors. MEMS devices can play key roles in designing and developing military sensors to meet specific mission requirements. Because of their low power consumption, compact size, and ultrahigh reliability, MEMS are most suitable in the development of sensors for battlefield tanks, surveillance for hostile territory, drone electronics, covert communications, unmanned air vehicles (UAVs), and missiles to shoot down hostile targets.
Reliability and precision of weapon systems are of utmost importance in land defense. Growing government initiatives to use unmanned vehicles for various defense applications create significant opportunities for integrating inertial sensors in land defense systems. Moreover, the threats of global navigation satellite system (GNSS) spoofing and jamming on the battlefields drive the adoption of inertial navigation systems. These threats can severely affect military operations, creating the need for reliable and high-performance inertial navigation systems. These factors are driving the inertial sensor for land defense systems market.
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Inertial Sensor for Land Defense Systems Market Driver:
Advancements in MEMS Technology to Boost the Inertial Sensor for Land Defense Systems Market Growth
Microelectromechanical Systems (MEMS) refers to the fabrication of microscopic sensors, actuators, and transducers with moving mechanical parts at the microscopic scale. The utilization of MEMS technology in inertial sensors for land defense systems has expanded their range of applications. MEMS technology enables the production of inertial sensors on a microscopic scale, allowing for their integration into smaller land defense systems such as unmanned ground vehicles and soldier-worn devices. Additionally, the adoption of MEMS technology has led to cost reduction in sensor manufacturing, making inertial sensors more accessible and affordable. MEMS-based inertial sensors offer superior performance characteristics, including high sensitivity, accuracy, and stability, enhancing their suitability for precise motion sensing and navigation in land defense systems. For instance, in September 2023, EMCORE Corporation, a leading provider of inertial navigation solutions to the aerospace & defense industry, announced the launch of the TAC-440 MEMS Inertial Measurement Unit (IMU). This IMU is recognized as the world's smallest 1°/hour IMU and is available in an ultra-compact package of less than 5 cubic inches. Furthermore, the TAC-440 is designed to be a higher-performance replacement for the Honeywell 1930 and 4930 IMUs, offering improved form, fit, and function compatibility.
Overall, the introduction of the TAC-440 MEMS Inertial Measurement Unit by EMCORE Corporation represents a significant advancement in the field of inertial navigation technology. Its small size, cost-effectiveness, improved performance, integration possibilities, and mass production capability make it a valuable asset for various land defense applications. MEMS technology also enables the integration of multiple sensors on a single chip, providing multi-axis motion sensing capabilities. Furthermore, the mass production capability of MEMS technology has substantially contributed to the widespread adoption of inertial sensors in land defense systems. Thus, advancements in MEMS technology have had a significant impact on the miniaturization, cost reduction, and improved performance of inertial sensors, which drives the inertial sensor for land defense systems market.
Inertial Sensor for Land Defense Systems Market Report Segmentation and Scope:
The “inertial sensor for land defense systems market analysis” has been carried out by considering the following segments: technology, application, and geography. Based on technology, the market is segmented into MEMS, FOG, and others. In terms of application, the market is segmented into stabilization active protection systems, stabilization turret/cannon systems, stabilization missile systems, stabilization of optronic systems, missile GGM/SSM, land navigation including land survey, and others. Based on geography, the inertial sensor for land defense systems market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Inertial Sensor for Land Defense Systems Market Segmental Analysis:
By application, the inertial sensor for land defense systems market is segmented into stabilization active protection systems, stabilization turret/cannon systems, stabilization missile systems, stabilization of optronic systems, missile GGM/SSM, land navigation including land survey, and others. The stabilization missile systems segment is anticipated to hold a significant inertial sensor for land defense systems market share by 2030. Inertial sensors play a crucial role in the stabilization of missile systems. These sensors are part of an inertial navigation system (INS), which is a navigation device that uses motion sensors (accelerometers) and rotation sensors (gyroscopes) to uninterruptedly calculate the position, orientation, and velocity of a moving object without the need for external references. Inertial sensors are used to stabilize sensor systems in missiles. By measuring the motion and rotation of the missile, the sensors help compensate for the high-rotation motion and maintain the stability of the sensor system. This stabilization is crucial for accurate target tracking, surveillance, and missile guidance. Inertial sensors are used to achieve high-precision navigation in missile systems. They provide accurate measurements of the missile's angular velocity and acceleration, which are essential for guidance and control functions. For example, an accurate inertial reference system is needed to stabilize target line-of-sight measurements for the computation of missile guidance commands. In some missile systems, a novel Semi-strap-down Stabilized Platform (SSP) is used to mount the sensors. This platform isolates the high-rotational motion of the missile, reducing the range requirements of the sensors and enabling high-precision navigation; thus, these factors boost the inertial sensor for land defense systems market growth.
Inertial Sensor for Land Defense Systems Market Regional Analysis:
The Asia Pacific inertial sensor for land defense systems market is segmented into Australia, China, India, Japan, South Korea, and the rest of Asia Pacific. China accounted for the largest inertial sensor for land defense systems market share in Asia Pacific. The region is experiencing substantial growth in the inertial sensor for the land defense systems market. Asia Pacific (APAC) is home to some of the world's most powerful militaries, with several countries investing heavily in their land defense capabilities. Militaries across APAC are investing in modern weapons systems, such as long-range missiles, precision-guided munitions, cyberwarfare capabilities, and other military projects. For instance, in July 2020, India earmarked US$ 5.2 billion to design and develop military equipment. The Ministry of Defence announced that the approved proposals involved acquisitions worth US$ 4.1 billion from domestic defense industry firms. Additionally, in December 2023, the US military announced the deployment of intermediate-range ground-based missiles in the Indo-Pacific in 2024, establishing its first arsenal in the region since the end of the Cold War to enhance deterrence against China.
Inertial Sensor for Land Defense Systems Market Key Player Analysis:
The inertial sensor for land defense systems market forecast can help stakeholders plan their growth strategies. Collins Aerospace, Advanced Navigation Pty Ltd, Honeywell International Inc, Aeron Systems Pvt Ltd, Northrop Grumman Corp., SBG Systems SAS, Thales SA, Emcore Corp, GEM Elettronica SRL, and Exail SAS are among the prominent players profiled in the inertial sensor for land defense systems market report. In addition, several other players have been studied and analyzed during the study to get a holistic view of the market and its ecosystem.
Inertial Sensor for Land Defense Systems Market Regional Insights
Inertial Sensor for Land Defense Systems Market Regional Insights
The regional trends and factors influencing the Inertial Sensor for Land Defense Systems Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Inertial Sensor for Land Defense Systems Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Inertial Sensor for Land Defense Systems Market
Inertial Sensor for Land Defense Systems Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 846.30 Million |
Market Size by 2030 | US$ 1,269.22 Million |
Global CAGR (2022 - 2030) | 5.2% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Technology
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Inertial Sensor for Land Defense Systems Market Players Density: Understanding Its Impact on Business Dynamics
The Inertial Sensor for Land Defense Systems Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Inertial Sensor for Land Defense Systems Market are:
- Collins Aerospace
- Advanced Navigation Pty Ltd
- Honeywell International Inc
- Aeron Systems Pvt Ltd
- Northrop Grumman Corp
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Inertial Sensor for Land Defense Systems Market top key players overview
Inertial Sensor for Land Defense Systems Market Recent Developments:
Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the inertial sensor for land defense systems market. As per company press releases, below are a few recent key developments:
- In September 2023, Advanced Navigation, a globally recognized leader in artificial intelligence (AI) for robotic and navigation technologies, inaugurated a state-of-the-art robotics facility at UTS Tech Lab. Situated in Botany, New South Wales, this facility aims to expand the production capabilities of Advanced Navigation, specifically for their groundbreaking AI navigation systems designed for GPS-denied environments. Notably, this includes their cutting-edge digital fiber-optic gyroscope (DFOG) technology known as Boreas.
- In September 2023, EMCORE Corporation made a significant announcement regarding the release of the TAC-440 MEMS Inertial Measurement Unit (IMU), which stands as the world’s smallest IMU, boasting an impressive accuracy of 1°/hour. With its remarkably compact design occupying less than 5 cubic inches, the TAC-440 represents a superior option that aligns seamlessly with the form, fit, and function of the Honeywell 1930 and 4930 IMUs, offering enhanced performance. This unveiling underscores EMCORE’s commitment to delivering cutting-edge solutions that excel in the industry.
- In May 2023, SBG Systems introduced Ekinox Micro, a state-of-the-art compact GNSS-aided inertial navigation solution specifically designed for mission-critical applications. This cutting-edge technology is characterized by its miniature size and exceptional performance, making it an ideal choice for demanding scenarios where precise and reliable navigation is crucial. By integrating high-performance GNSS and inertial sensors, Ekinox Micro offers unparalleled accuracy and stability, ensuring optimal navigation performance even in challenging environments.
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Technology, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The advancements in MEMS technology and emphasis on weapon system reliability are the major factors that propel the global inertial sensor for land defense system market.
The global inertial sensor for land defense system market was estimated to be US$ 846.30 million in 2022 and is expected to grow at a CAGR of 5.2% during the forecast period 2023 - 2030.
Integration of Inertial Sensors with Other Sensor Technologies is anticipated to play a significant role in the global inertial sensor for land defense system market in the coming years.
The incremental growth expected to be recorded for the global inertial sensor for land defense system market during the forecast period is US$ 404.92 million.
The global inertial sensor for land defense system market is expected to reach US$ 1269.22 million by 2030.
The key players holding majority shares in the global inertial sensor for land defense system market are Collins Aerospace, Advanced Navigation Pty Ltd, Honeywell International Inc, Aeron Systems Pvt Ltd, Northrop Grumman Corp., SBG Systems SAS, Thales SA, Emcore Corp, GEM Elettronica SRL, and Exail SAS.
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The List of Companies - Inertial Sensor for Land Defense System Market
- Collins Aerospace
- Advanced Navigation Pty Ltd
- Honeywell International Inc
- Aeron Systems Pvt Ltd
- Northrop Grumman Corp
- SBG Systems SAS
- Thales SA
- Emcore Corp
- GEM Elettronica SRL
- Exail SAS