Sunday, October 13, 2019

Fiber Optic Gyroscope Market is expected to Grow at CAGR of 3.6 % during the projected period

As per the research conducted by KD Market research, the report titled “ Fiber Optic Gyroscope Market  ” provides current as well as future analysis of the market by evaluating the major applications, advantages, trends, and challenges. The report dives deeper to produce useful insights into Fiber Optic Gyroscope Market   such as major global regions and key competitors and strategies that can be used for the entry-level player too.

The Global Fiber Optic Gyroscope Market is expected to reach USD 1,037.0 million by 2023 at CAGR of 3.6 % during the projected period. The fiber optic gyroscope is used in sensing the object orientation that gives a very accurate information about the rotational rate. Based on sensing axis the market is segregated into 1-axis ,2-axis, and 3-axis. The fiber optic gyroscope market is dominated by 1- axis with 55.7% market share in 2017 and 3-Axis is expected to grow at the highest CAGR of 4.1% in the forecast period. Increasing defense expenditure across all economies is one of the major factors that are positively influencing the growth of global fiber optic gyroscope market.

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Growing demand for defense equipment and the rising adoption of automation in industries & homes are the major factors that have contributed to the growth of the global fiber optic gyroscope market. Region wise, the North America is the strongest region for the fiber optic gyroscope market. As the investment in defense sector is considerably high in North American countries as compare to other countries, so this factor is projected to drive the growth of the North America fiber optic gyroscope market in coming years. However, as fiber optic gyroscope designs are slightly sensitive to vibrations, there designing process is very complexed. The factors which are hampering the growth of the fiber optic gyroscope market are such as, its highly complex design and time-consuming manufacturing process.

Segmentation
The research offers a comprehensive analysis of global fiber optic gyroscope market with respect to following sub-markets:

By Type
 - 1-axis.
- 2-axis.
- 3 axis.

By Application
- Aeronautics and Aviation
- Remotely Operated Vehicle Guidance
- Space Application
- Tactical Grade Application
- Robotic
- Defense and Homeland Security
- Industrial
- Others

By Device
- Inertial Navigation System
- Inertial Measurement Units
- Gyrocompass
- Attitude Heading Reference System

By Geography

- North America (U.S. & Canada)

- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)

- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)

- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)

- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive landscape

The report profiles various major market players such as

- Honeywell International Inc.

- KVH Industries Inc.

- Nedaero

- Safran Colibri’s SAS

- IXblue SAS

- Al Cielo Inertial Solutions Ltd.

- Northrop Grumman LITEF GmbH

- Fizoptika Corporation

- Optolink LLC

- Other Major & Niche Key Players

Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as technology information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.

The study also provides company’s positioning and market share in global fiber optic gyroscope market.

Timeline Considered for Analysis:

2017- Base Year
2018 – Estimated Year
2019 to 2023 – Forecasted Year

Research Scope and Deliverables

-Overview & Executive Summary

-Market Drivers, Trends, Challenges and Opportunities

-Market Size and Forecast Projections

-Macroeconomic Indicators of Various Countries Impacting the Growth of the Market

-Extensive Coverage of Industry Players including Recent Product Launches and Market Activities

-Porter’s Five Force Analysis

Market Segmentation Analysis:

Industry report analyzes the global fiber optic gyroscope market by the following segments:

- By Type

- By Application

- By Device

Geographic Market Analysis:

The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report.

Customization: We also offers customization’s in the industry report as per the company’s specific needs.

Key Questions Answered in the Global Fiber Optic Gyroscope Market Industry Report

- What is the overall market size in 2017? What will be the market growth during the forecast period i.e. 2018-2023?

- Which region would have high demand for product in the upcoming years?

- What are the factors driving the growth of the market?

- Which sub-market will make the most significant contribution to the market?

- What are the market opportunities for existing and entry-level players?

- What are various long-term and short-term strategies adopted by the market players?

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Table of content

Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Fiber Optic Gyroscope Market
3. Global Fiber Optic Gyroscope Market Trends
4. Opportunities in Global Fiber Optic Gyroscope Market
5. Recent Type Activities, 2017
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Fiber Optic Gyroscope Market Size (USD Million), Growth Analysis and Forecast, (2017-2023)

9. Global Fiber Optic Gyroscope Market Segmentation Analysis, By Type
9.1. Introduction
9.2. Market Attractiveness, By Type
9.3. BPS Analysis, By Type
9.4. 1-axis.
9.5. 2-axis.
9.6. 3-axis.

10.Global Fiber Optic Gyroscope Market Segmentation Analysis, By Application
10.1. Introduction
10.2. Market Attractiveness, By Application
10.3. BPS Analysis, By Application
10.4. Aeronautics and Aviation
10.5. Remotely Operated Vehicle Guidance
10.6. Space Application
10.7. Tactical Grade Application
10.8. Robotic
10.9. Defense and Homeland Security
10.10. Industrial
10.11. Others

11. Global Fiber Optic Gyroscope Market Segmentation Analysis, By Device11.1. Introduction
11.2. Market Attractiveness, By Device
11.3. BPS Analysis, By Device
11.4. Inertial Navigation System
11.5. Inertial Measurement Units
11.6. Gyrocompass
11.7. Attitude Heading Reference System

12. Geographical Analysis
12.1. Introduction
12.2. North America Fiber Optic Gyroscope Market Size (USD Million) & Volume, 2017-2023
12.2.1. By Type
12.2.2. By Application
12.2.3. By Device

12.2.4. By Country
12.2.4.1. Market Attractiveness, By Applicationr
12.2.4.2. BPS Analysis, By Applicationr
12.2.4.3. U.S. Market Size (USD Million) 2017-2023
12.2.4.4. Canada Market Size (USD Million 2017-2023

12.3  Europe Fiber Optic Gyroscope Market Size (USD Million) & Volume, 2017-2023
12.3.1. By Type
12.3.2. By Application
12.3.3. By Device

12.3.4. By Country
12.3.4.1. Market Attractiveness, By Country
12.3.4.2. BPS Analysis, By Country
12.3.4.3. Germany Market Size (USD Million) 2017-2023
12.3.4.4. United Kingdom Market Size (USD Million) 2017-2023
12.3.4.5. France Market Size (USD Million) 2017-2023
12.3.4.6. Italy Market Size (USD Million) 2017-2023
12.3.4.7. Spain Market Size (USD Million) 2017-2023
12.3.4.8. Russia Market Size (USD Million) 2017-2023
12.3.4.9. Rest of Europe Market Size (USD Million) 2017-2023

12.4. Asia Pacific Fiber Optic Gyroscope Market Size (USD Million), 2017-2023
12.4.1. By Type
12.4.2. By Application
12.4.3. By Device

12.4.4. By Country
12.4.4.1. Market Attractiveness, By Country
12.4.4.2. BPS Analysis, By Country
12.4.4.3. China Market Size (USD Million) 2017-2023
12.4.4.4. India Market Size (USD Million) 2017-2023
12.4.4.5. Japan Market Size (USD Million) 2017-2023
12.4.4.6. South Korea Market Size (USD Million) 2017-2023
12.4.4.7. Indonesia Market Size (USD Million) 2017-2023
12.4.4.8. Taiwan Market Size (USD Million) 2017-2023
12.4.4.9. Australia Market Size (USD Million) 2017-2023
12.4.4.10. New Zealand Market Size (USD Million, 2017-2023
12.4.4.11. Rest of Asia Pacific Market Size (USD Million) 2017-2023

12.5. Latin America Fiber Optic Gyroscope Market Size (USD Million) 2017-2023
12.5.1. By Type
12.5.2. By Application
12.5.3. By Device
12.5.4. By Country

12.5.4.1. Market Attractiveness, By Country
12.5.4.2. BPS Analysis, By Country
12.5.4.3. Brazil Market Size (USD Million) 2017-2023
12.5.4.4. Mexico Market Size (USD Million) 2017-2023
12.5.4.5. Rest of Latin America Market Size (USD Million, 2017-2023

12.6. Middle East & Africa Fiber Optic Gyroscope Market Size (USD Million) 2017-2023

12.6.1. By Type
12.6.2. By Application
12.6.3. By Device
12.6.4. By Geography

12.6.4.1. Market Attractiveness, By Geography
12.6.4.2. BPS Analysis, By Geography
12.6.4.3. GCC Market Size (USD Million) 2017-2023
12.6.4.4. North Africa Market Size (USD Million) 2017-2023
12.6.4.5. South Africa Market Size (USD Million) 2017-2023
12.6.4.6. Rest of Middle East & Africa Market Size (USD Million) 2017-2023

13. Competitive Landscape
13.1. Market Share of Key Players
13.2. Market Positioning of Major Players in Global Fiber Optic Gyroscope Market

13.3. Company Profiles

13.3.1. Honeywell International Inc.
13.3.1.1. Product Offered
13.3.1.2. Business Strategy
13.3.1.3. Financials
13.3.1.4. SWOT Analysis
13.3.1.5. Market Share Analysis
13.3.1.6. Key Achievements & Developments

13.3.2. KVH Industries Inc.
13.3.3. Nedaero
13.3.4. Safran Colibri’s SAS
13.3.5. IXblue SAS
13.3.6. Al Cielo Inertial Solutions Ltd.
13.3.7. Northrop Grumman LITEF GmbH
13.3.8. Fizoptika Corporation
13.3.9. Optolink LLC
13.3.10. Other Major & Niche Players

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