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Global Inertial Navigation Systems (INS) Market to Grow at a CAGR of 13.48% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Inertial Navigation Systems Market 2016-2020” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 04/27/2016 -- Report forecast the global inertial navigation systems (INS) market to grow at a CAGR of 13.48% during the period 2016-2020.

An inertial navigation system (INS) helps in determining the position, orientation, and velocity of a moving object. It consists of an inertial measurement unit (IMU), such as an accelerometer (measures linear acceleration) and gyroscope (measures angular velocity), which tracks the position of the object. INS is widely used in commercial aviation (in aircraft), defense (ground vehicles, missiles, unmanned aerial vehicles, and aircraft), naval (ships and submarines), and space research (spacecraft).

There are two types of INS: gimballed and strap down systems. Gimballed systems use mechanical gyroscopes in the device to keep the platform level while strapdown systems use a platform on which sensors are mounted.

The report covers the present scenario and the growth prospects of the global inertial navigation systems (INS) market during 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of inertial navigation equipment annually.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Global Inertial Navigation Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key players in the Global Inertial Navigation Systems Market: Honeywell International, Northrop Grumman, Sagem, and Thales Group.

Other Prominent Vendors in the market are: Atlantic Inertial Systems, KVH Industries, Systron Donner Inertial, Teledyne, and VectorNav Technologies.

Market driver
- Increased use of UAVs
- For a full, detailed list, view our report

Market challenge
- Strict certification requirements
- For a full, detailed list, view our report

Market trend
- Shift toward MEMS technologies
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 65 pages "Global Inertial Navigation Systems Market 2016-2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Global aerospace and defense supply chain system, Global aerospace and defense value chain system, Market segmentation by end-user, Geographical segmentation, Key leading regions, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-inertial-navigation-systems-market-2016-2020

Related Report:

Global Commercial Aircraft Propeller Systems Market 2016-2020; visit at - http://www.marketresearchreports.com/technavio/global-commercial-aircraft-propeller-systems-market-2016-2020

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