Pune, India -- (SBWIRE) -- 05/18/2018 -- North America Fiber Optic Gyroscope Market By Sensing Axis (1- Axis, 2-Axis, 3- axis), By Device (Inertial Navigation System, Inertial Measurement Units, Gyrocompass, Attitude Heading Reference System), By Application (Defense And Homeland Security, Aeronautics And Aviation, Tactical Grade Application {Unmanned Ground Vehicle, Unmanned Underwater Vehicle, Unmanned Aerial Vehicle}, Remotely Operated Vehicle Guidance, Industrial, Robotics), By Country (U.S., Canada, Mexico) and Forecast to 2025.

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North America Fiber Optic Gyroscope Market is expected to reach USD 611.10 Million by 2025, from USD 477.32 Million in 2017 growing at a CAGR of 3.4% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

The major factors driving the growth of this fiber optic gyroscope market are growth of this market are the effective integration due to compact designing and miniaturization, growing demand for remotely operated vehicle and increased acceptance of fiber optic gyroscopes in industrial areas. On the other hand, availability of alternatives may hinder the growth of the market.

Market Segmentation:

The North America fiber optic gyroscope market is segmented based on sensing axis into three notable segments; 1- axis, 2- axis and 3- axis. The Fiber optic gyroscope market is dominated by 1- axis with 53.1% market share in 2017 and 3-Axis is expected to grow at the highest CAGR of 4.1% in the forecast period.

The North America fiber optic gyroscope market is segmented based on device into four notable segments system; inertial navigation system, inertial measurement units, gyrocompass and attitude heading reference system.

The North America fiber optic gyroscope market is segmented based on application into six notable segments system; defense and homeland security, aeronautics and aviation, tactical grade application, remotely operated vehicle guidance, industrial and robotics. Tactical grade application is further sub segmented into three types unmanned ground vehicle, unmanned underwater vehicle and unmanned aerial vehicle.

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Key Drivers:

Some of the major factors driving the market for North America fiber optic gyroscope are effective integration due to compact designing and miniaturization, growing demand for remotely operated vehicle and increased acceptance of fiber optic gyroscopes in industrial areas.

Availability of alternatives is the factor which may hinder the growth of this market.

Utilization of fiber optic gyroscope for measuring drilling (MWD) processes in the oil industry will drive the market in future.

Key Points:

Defense and Homeland Security market is growing with the highest CAGR

1- Axis is driving the market with highest market share

1- Axis segment is dominating the fiber optic gyroscope market

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Table of Contents:

1. INTRODUCTION
1.1. OBJECTIVES OF THE STUDY
1.2. MARKET DEFINITION
1.3. OVERVIEW OF NORTH AMERICA FIBER OPTIC GYROSCOPE MARKET
1.4. CURRENCY AND PRICING
1.5. LIMITATION
1.6. MARKETS COVERED
2. MARKET SEGMENTATION
2.1. MARKETS COVERED
2.2. GEOGRAPHIC SCOPE
2.3. YEARS CONSIDERED FOR THE STUDY
2.4. CURRENCY AND PRICING
2.5. RESEARCH METHODOLOGY
2.6. PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7. SECONDARY SOURCES
2.8. ASSUMPTIONS
3. MARKET OVERVIEW
3.1. DRIVERS
3.1.1. EFFECTIVE INTEGRATION DUE TO COMPACT DESIGNING AND MINIATURIZATION
3.1.2. GROWING DEMAND FOR REMOTELY OPERATED VEHICLE
3.1.3. INCREASED ACCEPTANCEOF FIBER OPTIC GYROSCOPES IN INDUSTRIAL AREAS
3.2. RESTRAINTS
3.2.1. AVAILABILITY OF ALTERNATIVES
3.3. OPPORTUNITIES
3.3.1. UTILIZATION OF FIBER OPTIC GYROSCOPE FOR MEASURING DRILLING (MWD) PROCESSES IN THE OIL INDUSTRY
3.4. CHALLENGES
3.4.1. HIGHLY COMPETITIVE MARKET SCENARIO
4. EXECUTIVE SUMMARY
5. PREMIUM INSIGHTS
6. NORTH AMERICA FIBEROPTIC GYROSCOPE MARKET, BY SENSING AXIS
6.1. OVERVIEW
6.2. 1-AXIS
6.3. 2-AXIS
6.4. 3-AXIS
7. NORTH AMERICA FIBEROPTIC GYROSCOPE MARKET, BY DEVICE
7.1. OVERVIEW
7.2. GYROCOMPASS
7.3. INERTIAL MEASUREMENT UNIT
7.4. ATTITUDE HEADING REFERENCE SYSTEM
7.5. INERTIAL NAVIGATION SYSTEM
8. NORTH AMERICA FIBEROPTIC GYROSCOPE MARKET, BY APPLICATION
8.1. OVERVIEW
8.2. AERONAUTICS AND AVIATION
8.3. TACTICAL GRADE APPLICATION
8.3.1. UNMANNED GROUND VEHICLE
8.3.2. UNMANNED UNDERWATER VEHICLE
8.3.3. UNMANNED AERIAL VEHICLES
8.4. DEFENSE AND HOMELAND SECURITY
8.5. REMOTELY OPERATED VEHICLE GUIDANCE
8.6. INDUSTRIAL
8.7. ROBOTICS
9. NORTH AMERICA FIBER OPTIC GYROSCOPE MARKET, BY GEOGRAPHY
9.1. NORTH AMERICA
9.1.1. U.S.
9.1.2. CANADA
9.1.3. MEXICO
10. NORTH AMERICA FIBER OPTIC GYROSCOPE MARKET, COMPANY LANDSCAPE
10.1. COMPANY SHARE ANALYSIS: NORTH AMERICA
11. COMPANY PROFILE
11.1. EMCORE CORPORATION
11.1.1. COMPANY OVERVIEW
11.1.2. EMCORE CORPORATION:REVENUE ANALYSIS
11.1.3. PRODUCT PORTFOLIO
11.1.4. RECENT DEVELOPMENTS
11.2. NEDAERO
11.2.1. COMPANY OVERVIEW
11.2.2. NADAERO:COMPANY SNAPSHOT
11.2.3. PRODUCT PORTFOLIO
11.2.4. RECENT DEVELOPMENTS
11.3. SAFRAN COLIBRYS SA
11.3.1. COMPANY OVERVIEW
11.3.2. SAFRAN COLIBRYS SA: COMPANY SNAPSHOT
11.3.3. PRODUCT PORTFOLIO
11.3.4. RECENT DEVELOPMENTS
11.4. IXBLUE
11.4.1. COMPANY OVERVIEW
11.4.2. IXBLUE: COMPANY SNAPSHOT
11.4.3. PRODUCT PORTFOLIO
11.4.4. RECENT DEVELOPMENTS
11.5. AL CIELO INERTIAL SOLUTIONS LTD.
11.5.1. COMPANY OVERVIEW
11.5.2. AL CIELO INERTIAL SOLUTIONS LTD. : COMPANY SNAPSHOT
11.5.3. PRODUCT PORTFOLIO
11.5.4. RECENT DEVELOPMENTS
11.6. NORTHROP GRUMMAN LITEF GMBH
11.6.1. COMPANY OVERVIEW
11.6.2. NORTHROP GRUMMAN LITEF GMBH: COMPANY SNAPSHOT
11.6.3. PRODUCT PORTFOLIO
11.6.4. RECENT DEVELOPMENTS
11.7. FIZOPTIKA CORPORATION
11.7.1. COMPANY OVERVIEW
11.7.2. FIZOPTIKA CORPORATION: AL CIELO INERTIAL SOLUTIONS LTD.
11.7.3. PRODUCT PORTFOLIO
11.7.4. RECENT DEVELOPMENTS
11.8. KVH INDUSTRIES, INC.
11.8.1. COMPANY OVERVIEW
11.8.2. KVH INDUSTRIES, INC.: COMPANY SNAPSHOT
11.8.3. PRODUCT PORTFOLIO
11.8.4. RECENT DEVELOPMENTS
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11.9. HONEYWELL INTERNATIONAL INC.
11.9.1. COMPANY OVERVIEW
11.9.2. HONEYWELL INTERNATIONAL INC. :REVENUE ANALYSIS
11.9.3. PRODUCT PORTFOLIO
11.9.4. RECENT DEVELOPMENTS
11.10. OPTOLINK LLC
11.10.1. COMPANY OVERVIEW
11.10.2. OPTOLINK LLC: COMPANY SNAPSHOT
11.10.3. PRODUCT PORTFOLIO
11.10.4. RECENT DEVELOPMENTS

Related Report

Global Fiber Optic Gyroscope Market – Industry Trends and Forecast to 2025

Global Fiber Optic Gyroscope Market By Sensing Axis (1- Axis, 2-Axis, 3- axis), By Device (Inertial Navigation System, Inertial Measurement Units, Gyrocompass, Attitude Heading Reference System), By Application (Defense And Homeland Security, Aeronautics And Aviation, Tactical Grade Application {Unmanned Ground Vehicle, Unmanned Underwater Vehicle, Unmanned Aerial Vehicle}, Remotely Operated Vehicle Guidance, Industrial, Robotics), By Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)- Industry Trends and Forecast to 2025

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