Inertial Sensor for Land Defense Systems Market Scope, Growth, Size and Share by 2030
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 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.