Fiber Optic Gyroscope Market Scope And Analysis

Report Code : TIPRE00011488
Category : Electronics and Semiconductor

No. of Pages : 150

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Fiber Optic Gyroscope Market Analysis Report 2024 to 2031

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Fiber Optic Gyroscope Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 1153.24 Million
Market Size by 2031	US$ 1723.54 Million
Global CAGR (2023 - 2031)	5.2%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Sensing Axis 1-axis 2-axis 3-axis By Device Gyrocompass Inertial Measurement Unit Inertial Navigation System Attitude Heading Reference System By Application Tactical Grade Applications Remotely Operated Vehicle Guidance Aeronautics and Aviation Robotics Defense and Homeland Security
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Advanced Navigation Cielo Inertial Solutions Ltd iXblue Emcore Corporation Fizoptika Honeywell International Inc KVH Industries Inc NEDAERO Optolink LLC Safran Colibrys SA

Fiber Optic Gyroscope Market News and Recent Developments

The Fiber Optic Gyroscope Marketis evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:

In January 2024, Advanced Navigation announced their new range of fiber optic gyroscope inertial navigation systems (INS), Boreas. The Boreas is an ultra-high accuracy, strategic-grade INS, offering a 40% reduction in size, weight, power, and cost relative to competing systems. Boreas is the first product to be released that is based on Advanced Navigation’s new DFOG (Digital Fibre Optic Gyroscope) technology, which is the culmination of 25 years of development involving two research institutions. The Boreas is targeted at applications requiring always-available, ultra-high accuracy orientation and navigation, including marine, surveying, subsea, aerospace, robotics, and space. (Source: Advanced Navigation, Press Release, 2024)
In September 2021, iXblue teams announced the launch of the UmiX Series. This state-of-the-art range of inertial measurement units (IMU) was based on fiber-optic gyroscope (FOG) technology. (Source: iXblue, Press Release, 2021)

Fiber Optic Gyroscope Market Report Coverage and Deliverables

The “Fiber Optic Gyroscope Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Market dynamics such as drivers, restraints, and key opportunities
Key future trends
Detailed PEST/Porter’s Five Forces and SWOT analysis
Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
Detailed company profiles