Fiber Optic Gyroscope Market Outlook (2023 to 2033)
The global fiber optic gyroscope market is estimated to be valued at US$ 1.6 billion in 2023. The market is projected to reach US$ 3.6 billion by 2033, exhibiting a CAGR of 8.4% from 2023 to 2033. This entails the increasing use of inertial navigation devices in autonomous combat vehicles and airborne monitoring systems, which is anticipated to boost demand for fiber optic gyroscopes in the aerospace and defense industries.
The swift deployment of drones and unmanned aerial vehicles (UAVs) in the defense and commercial industries has been identified as a key market driver. Several emerging economies have raised their defense investment.
China and Japan are two developing nations with substantial requirements for fiber optics gyroscopes globally. Other variables contributing to this growth include an extensive population base, a spike in R&D activities, swift industrialization, and significant expenditure on sensor advancement.
Attributes
Details
Fiber Optic Gyroscope Market Value (2022)
US$ 1.5 billion
Fiber Optic Gyroscope Market Value (2023)
US$ 1.6 billion
Fiber Optic Gyroscope Market Expected Value (2033)
US$ 3.6 billion
Fiber Optic Gyroscope Market Projected CAGR (2023 to 2033)
8.4%
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2023 to 2033 Fiber Optic Gyroscope Market Outlook in Comparison to Sales Registered from 2018 to 2022
FMI has projected the global fiber optic gyroscope market to witness a growth in revenue from US$ 1.6 billion in 2023 to US$ 3.6 billion by 2033.
Fiber optic gyroscopes (FOGs) are employed in a variety of crucial applications, including navigation and positioning solutions, angular velocity sensors, stabilization devices, and, most recently, autonomous vehicle guidance backup apparatus to navigate GPS-inaccessible areas. FOGs are anticipated to be a critical component of inertial indicators that determine how a driverless car moves through a curve.
FOGs are required for autonomous vehicles to navigate and stabilize the infrastructure in demanding battlefield, aerospace, and undersea environments. As automakers strive for extreme ruggedness, small-size, lightweight, inexpensive, and low-power procedures in their vehicles, FOG technology is in huge demand in this category. The fiber optic gyroscope market was estimated to grow at a CAGR of 6.3% from 2018 to 2022
Will Rising Commercial Applications FOG Sensors Drive Fiber Optic Gyroscope Market?
Aside from increased defense budgets in several developed and developing nations, the surging adoption of automation in residencies and industries is the primary factor driving demand for fiber optic gyroscopes.
The demand for intelligent sensor-enabled equipment for satellite antenna positioning, navigation, and other applications is increasing. Another attribute boosting demand in this market is the rising popularity and advancement of the concept of remotely operated vehicles, as well as the implementation of FOG for measurement during drilling procedures in the oil industry.
Although there is an enormous demand for fiber optics gyroscope in the market, the complex, expensive, and time-consuming production procedure is a major prohibiting factor that creates restrictions in practicing fiber optics gyroscope, and this impedes its market expansion to some extent.
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How Growth in Aerospace and Defense Sector is Driving Market Growth?
Because of the widespread use of fiber optic gyroscopes in defense-related tasks such as missile flight management, ground identification, and evolving Global Positioning System (GPS) tracking, the defense industry continues to be one of the largest end-users of fiber optic gyroscopes. This, combined with increased defense investment in the United States and Europe, will drive up demand for fibred optic gyroscopes.
What are the Key Challenges for Fiber Optic Gyroscope Market?
Although there is an enormous demand for fiber optics gyroscopes in the market, the complex, expensive, and time-consuming production procedure is a major prohibiting factor that creates restrictions in practicing fiber optics gyroscopes, and this impedes its market expansion to some extent.
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Comparative Analysis of the Adjacent Markets
Fiber Optic Gyroscope Market:
Differentiating Aspects
Fiber Optic Gyroscope Market
CAGR (2023 to 2033)
8.4%
Market Valuation in 2023
US$ 1.6 billion
Projected Market Value in 2033
US$ 3.6 billion
Growth Factors
The surging adoption of automation in residencies and industries.
Opportunities
The development in the defense and aviation industry industry and implementation of autonomous sector.
Key Trends
The rising popularity of FOGs for small and efficient microwave transmitters for the developing wireless communication system.
Gyroscope Market:
Differentiating Aspects
Gyroscope Market
CAGR (2023 to 2033)
4.6%
Market Valuation in 2023
US$ 15 billion
Projected Market Value in 2033
US$ 3.3 billion
Growth Factors
Extensive electronics use for consumers industry demand, rigorous government rules for the automobile sector
Opportunities
Excessive electronics for consumers industry demand, immense market opportunities for the the defense and aviation industry.
Key Trends
Heavy the Industrial Revolution, enhanced infrastructure, and substantial product popularity among consumers.
Country-wise Insights
How Big is the Opportunity in the United States?
According to the report, the United States was predicted to account for a market share of 22.2% in 2022. According to the United States Department of Defense, military spending in the United States is $934 billion, the second-largest item in the federal budget after Social Security. The Department of Defense alone spends $705 billion of that total. FOG is primarily employed in military usages such as RADAR systems, electronic surveillance, GPS, navigation, and ATC (Air Traffic Control), among other things.
The nation also has numerous key players, including Honeywell International Inc., FOG Software Group, EMCORE Corporation, and KVH Industries, Inc., which advances FOG-based automation technology, military usage, aeronautical applications, and others. The country's expenditure on military applications has increased significantly over the years, driving up demand for FOG.
KVH Industries, Inc., which has a remarkable presence in the United States, declared a partnership with Lockheed Martin in April 2021 to develop and deliver the IRST21 sensor solution's next-generation multi-axis FOG sensor.
IRST21 used infrared and other sensor technologies to determine and track airborne threats with weapon-grade accuracy, improving pilot reaction time and survivability. Such breakthroughs have been taking place in the country, thereby increasing demand for fiber optic gyroscopes in the United States.
What are the Factors Supporting Growth in the United Kingdom Fiber Optic Gyroscope Market?
The fiber optic gyroscope market in the United Kingdom is anticipated to accumulate a revenue share of 12.7%. The United Kingdom spends more money on defense than any other European country. It has enhanced its defense expenditure since the end of the Cold War to spend on shipbuilding, space, and cyber.
The adoption of advanced technologies such as automation in industries, warehouses, buildings, and homes drives FOG requirements in the United Kingdom. Additionally, digital transformation and rapidly increasing connectivity as a result of digital transformation, as well as surging demand for sophisticated aerospace technologies, drive demand for FOG in the United Kingdom.
What is Supporting Fiber Optic Gyroscope Uptake in India?
The fiber optic gyroscope market in India is anticipated to accumulate a revenue share of 13.7%. India is a developing economy that is expected to provide a favorable market for fiber optic gyroscope vendors. India's defense/military spending has increased significantly over the years. The majority of FOG is used in aerospace and aviation technologies. Increased demand for military applications will drive fiber optic gyroscope market growth.
In recent years, the country has witnessed an upsurge in demand for RF filters in applications such as electronic surveillance, GPS, navigation, and smartphones to transit, filter, and receive paths for 3G and 4G technologies, which augments the requirement for fiber optic gyroscopes.
Owing to digital transformation and the rising demand for wireless systems/automation technology, the nation is experiencing rapid expansion in digital transformation and swiftly rising connectivity.
Category-wise Insights
What’s the Market Share of 1 Axis?
The 1 Axis segment was estimated to account for an impressive market share of 42.3% in 2022. The 3-axis fiber optic gyroscope has the potential to meet both the inexpensive, compact-sized, and efficient inertial navigation and accurate applications in spacecraft.
This kind of gyroscope is used for determining vehicle, beneath the water, and aerospace attitude. High-precision 3-axis fiber optic gyroscopes and quartz flexible accelerometers are used for northward seeking and placement, and they are extensively incorporated in Inertial Navigation Systems (INS) for autonomous navigation.
The increasing use of 3-axis FOG sensors in robotic cars, submersibles, and spacecraft is anticipated to drive fiber optics gyroscope market development.
Why Internal Navigation Systems Is Expected to Dominate the Industry?
In 2022, the Internal Navigation Systems segment was expected to account for 44.8% of the market. An Inertial Navigation System (INS) is made up of FOGs and accelerometers, which can be used to determine whether the vehicle is heading backward, forward, left, or right. The relative orientation and location of an object can be identified by tracking the present linear acceleration of the framework as well as the current angular velocity of the machine relative to the object in motion.
These systems are used in navigation applications where precision and efficiency, as well as size and cost, are critical. Because of advancements in navigation system technology, the inertial navigation system market is expected to grow significantly in the near future.
Recent Developments
To achieve a competitive edge, market participants are concentrating on innovation and strategic collaborations.
In November 2022, Advanced Navigation released its most recent product. The Boreas D70 digital fiber optic gyroscope is a momentum navigation apparatus used for surveying, tracking, and navigation in subsea, underwater, land, and air usages.
In January 2023, Silicon Valley startup Anello Photonics announced the launch of the world's earliest silicon photonics optical gyroscope, dubbed "SIPHOG." The process relies on a patented photonic integrated circuit (PIC) layout and is referred to as the "world's smallest optical gyroscope for trustworthy and precise navigation and placing for autonomous applications.
Report Scope
Report Attribute
Details
Growth Rate
CAGR of 8.4% from 2023 to 2033
Market Value in 2023
US$ 1.6 billion
Market Value in 2033
US$ 3.6 billion
Base Year for Estimation
2022
Historical Data
2018 to 2022
Forecast Period
2023 to 2033
Quantitative Units
Revenue in US$ billion and CAGR from 2023 to 2033
Report Coverage
Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Key Segments Covered
Sensing Axis
Device
Application
Region
Regions Covered
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Key Countries Covered
United States
Canada
Brazil
Mexico
Germany
United Kingdom
France
Spain
Italy
China
Japan
South Korea
Singapore
Thailand
Indonesia
Australia
New Zealand
GCC Countries
South Africa
Israel
Key Companies Profiled
KVH Industries Inc.
EMCORE Corporation
FIBERPRO, Inc.
Saab
Honeywell
Tamagawa Seiki Co., Ltd.
Optolink
NedAero Components B.V
iXblue
Fizoptika
Safran
Cielo Inertial Solutions
Ericco International
Fibernetics LLC
Northrop Grumman Sperry Marine B.V.
Customization & Pricing
Available upon Request
Fiber Optic Gyroscope Market by Category
By Sensing Axis:
1-Axis
2-Axis
3-Axis
By Device:
Fiber Optics Gyrocompass
Inertial Measurement Units (IMUs)
Inertial Navigation Systems
Others
By Application:
Aeronautics and Aviation
Robotics
Remotely Operated Vehicle Guidance
Unmanned Underwater Vehicle (UUV)
Unmanned Ground Vehicle (UGV)
Unmanned Aerial Vehicle (UAV)
Military & Defense
Industrial
Others
By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Frequently Asked Questions
How Big is the Fiber Optic Gyroscope Market?
The net worth of the market is expected to be US$ 1.6 billion in 2023.
What is the Calculated CAGR for the Market Forecast?
The market is calculated to expand at a CAGR of 8.4% through 2033.
How Did the Market Perform in the Historical Period?
The market expanded at a CAGR of 6.3% from 2018 to 2022.
What Factors are Shaping the Market’s Landscape?
The market is being shaped by the soaring adoption of automation in industries and residencies.
Which Trend is Prominently Seen in the Market?
Surging popularity of FOGs to develop wireless communication system.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sensing Axis
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Sensing Axis, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Sensing Axis, 2023 to 2033
5.3.1. 1-Axis
5.3.2. 2-Axis
5.3.3. 3-Axis
5.4. Y-o-Y Growth Trend Analysis By Sensing Axis, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Sensing Axis, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Device
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Device, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Device, 2023 to 2033
6.3.1. Optics Gyrocompass
6.3.2. Inertial Measurement Units (IMUs)
6.3.3. Inertial Navigation Systems
6.3.4. Others
6.4. Y-o-Y Growth Trend Analysis By Device, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Device, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033
7.3.1. Aeronautics and Aviation
7.3.2. Robotics
7.3.3. Remotely Operated Vehicle Guidance
7.3.3.1. Unmanned Underwater Vehicle (UUV)
7.3.3.2. Unmanned Ground Vehicle (UGV)
7.3.3.3. Unmanned Aerial Vehicle (UAV)
7.3.4. Military & Defense
7.3.5. Industrial
7.3.6. Others
7.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Sensing Axis
9.2.3. By Device
9.2.4. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Sensing Axis
9.3.3. By Device
9.3.4. By Application
9.4. Key Takeaways
10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Sensing Axis
10.2.3. By Device
10.2.4. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Sensing Axis
10.3.3. By Device
10.3.4. By Application
10.4. Key Takeaways
11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. U.K.
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Sensing Axis
11.2.3. By Device
11.2.4. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Sensing Axis
11.3.3. By Device
11.3.4. By Application
11.4. Key Takeaways
12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.1.4. Singapore
12.2.1.5. Thailand
12.2.1.6. Indonesia
12.2.1.7. Australia
12.2.1.8. New Zealand
12.2.1.9. Rest of Asia Pacific
12.2.2. By Sensing Axis
12.2.3. By Device
12.2.4. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Sensing Axis
12.3.3. By Device
12.3.4. By Application
12.4. Key Takeaways
13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. South Africa
13.2.1.3. Israel
13.2.1.4. Rest of MEA
13.2.2. By Sensing Axis
13.2.3. By Device
13.2.4. By Application
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Sensing Axis
13.3.3. By Device
13.3.4. By Application
13.4. Key Takeaways
14. Key Countries Market Analysis
14.1. U.S.
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2022
14.1.2.1. By Sensing Axis
14.1.2.2. By Device
14.1.2.3. By Application
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2022
14.2.2.1. By Sensing Axis
14.2.2.2. By Device
14.2.2.3. By Application
14.3. Brazil
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2022
14.3.2.1. By Sensing Axis
14.3.2.2. By Device
14.3.2.3. By Application
14.4. Mexico
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2022
14.4.2.1. By Sensing Axis
14.4.2.2. By Device
14.4.2.3. By Application
14.5. Germany
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2022
14.5.2.1. By Sensing Axis
14.5.2.2. By Device
14.5.2.3. By Application
14.6. U.K.
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2022
14.6.2.1. By Sensing Axis
14.6.2.2. By Device
14.6.2.3. By Application
14.7. France
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2022
14.7.2.1. By Sensing Axis
14.7.2.2. By Device
14.7.2.3. By Application
14.8. Spain
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2022
14.8.2.1. By Sensing Axis
14.8.2.2. By Device
14.8.2.3. By Application
14.9. Italy
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2022
14.9.2.1. By Sensing Axis
14.9.2.2. By Device
14.9.2.3. By Application
14.10. China
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2022
14.10.2.1. By Sensing Axis
14.10.2.2. By Device
14.10.2.3. By Application
14.11. Japan
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2022
14.11.2.1. By Sensing Axis
14.11.2.2. By Device
14.11.2.3. By Application
14.12. South Korea
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2022
14.12.2.1. By Sensing Axis
14.12.2.2. By Device
14.12.2.3. By Application
14.13. Singapore
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2022
14.13.2.1. By Sensing Axis
14.13.2.2. By Device
14.13.2.3. By Application
14.14. Thailand
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2022
14.14.2.1. By Sensing Axis
14.14.2.2. By Device
14.14.2.3. By Application
14.15. Indonesia
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2022
14.15.2.1. By Sensing Axis
14.15.2.2. By Device
14.15.2.3. By Application
14.16. Australia
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2022
14.16.2.1. By Sensing Axis
14.16.2.2. By Device
14.16.2.3. By Application
14.17. New Zealand
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2022
14.17.2.1. By Sensing Axis
14.17.2.2. By Device
14.17.2.3. By Application
14.18. GCC Countries
14.18.1. Pricing Analysis
14.18.2. Market Share Analysis, 2022
14.18.2.1. By Sensing Axis
14.18.2.2. By Device
14.18.2.3. By Application
14.19. South Africa
14.19.1. Pricing Analysis
14.19.2. Market Share Analysis, 2022
14.19.2.1. By Sensing Axis
14.19.2.2. By Device
14.19.2.3. By Application
14.20. Israel
14.20.1. Pricing Analysis
14.20.2. Market Share Analysis, 2022
14.20.2.1. By Sensing Axis
14.20.2.2. By Device
14.20.2.3. By Application
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Sensing Axis
15.3.3. By Device
15.3.4. By Application
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. KVH Industries, Inc.
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. EMCORE Corporation
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. FIBERPRO, Inc.
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. Saab
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. Honeywell
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. Tamagawa Seiki Co., Ltd.
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. Optolink
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. NedAero Components B.V
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
16.1.9. iXblue
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.9.5.3. Channel Strategy
16.1.10. Fizoptika
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.10.5.3. Channel Strategy
16.1.11. Safran
16.1.11.1. Overview
16.1.11.2. Product Portfolio
16.1.11.3. Profitability by Market Segments
16.1.11.4. Sales Footprint
16.1.11.5. Strategy Overview
16.1.11.5.1. Marketing Strategy
16.1.11.5.2. Product Strategy
16.1.11.5.3. Channel Strategy
16.1.12. Cielo Inertial Solutions
16.1.12.1. Overview
16.1.12.2. Product Portfolio
16.1.12.3. Profitability by Market Segments
16.1.12.4. Sales Footprint
16.1.12.5. Strategy Overview
16.1.12.5.1. Marketing Strategy
16.1.12.5.2. Product Strategy
16.1.12.5.3. Channel Strategy
16.1.13. Ericco International
16.1.13.1. Overview
16.1.13.2. Product Portfolio
16.1.13.3. Profitability by Market Segments
16.1.13.4. Sales Footprint
16.1.13.5. Strategy Overview
16.1.13.5.1. Marketing Strategy
16.1.13.5.2. Product Strategy
16.1.13.5.3. Channel Strategy
16.1.14. Fibernetics LLC
16.1.14.1. Overview
16.1.14.2. Product Portfolio
16.1.14.3. Profitability by Market Segments
16.1.14.4. Sales Footprint
16.1.14.5. Strategy Overview
16.1.14.5.1. Marketing Strategy
16.1.14.5.2. Product Strategy
16.1.14.5.3. Channel Strategy
16.1.15. Northrop Grumman Sperry Marine B.V.
16.1.15.1. Overview
16.1.15.2. Product Portfolio
16.1.15.3. Profitability by Market Segments
16.1.15.4. Sales Footprint
16.1.15.5. Strategy Overview
16.1.15.5.1. Marketing Strategy
16.1.15.5.2. Product Strategy
16.1.15.5.3. Channel Strategy
17. Assumptions & Acronyms Used18. Research Methodology
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List of Tables
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Sensing Axis, 2018 to 2033
Table 4: Global Market Volume (Units) Forecast by Sensing Axis, 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by Device, 2018 to 2033
Table 6: Global Market Volume (Units) Forecast by Device, 2018 to 2033
Table 7: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 8: Global Market Volume (Units) Forecast by Application, 2018 to 2033
Table 9: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 10: North America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 11: North America Market Value (US$ Million) Forecast by Sensing Axis, 2018 to 2033
Table 12: North America Market Volume (Units) Forecast by Sensing Axis, 2018 to 2033
Table 13: North America Market Value (US$ Million) Forecast by Device, 2018 to 2033
Table 14: North America Market Volume (Units) Forecast by Device, 2018 to 2033
Table 15: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 16: North America Market Volume (Units) Forecast by Application, 2018 to 2033
Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 19: Latin America Market Value (US$ Million) Forecast by Sensing Axis, 2018 to 2033
Table 20: Latin America Market Volume (Units) Forecast by Sensing Axis, 2018 to 2033
Table 21: Latin America Market Value (US$ Million) Forecast by Device, 2018 to 2033
Table 22: Latin America Market Volume (Units) Forecast by Device, 2018 to 2033
Table 23: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 24: Latin America Market Volume (Units) Forecast by Application, 2018 to 2033
Table 25: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Europe Market Volume (Units) Forecast by Country, 2018 to 2033
Table 27: Europe Market Value (US$ Million) Forecast by Sensing Axis, 2018 to 2033
Table 28: Europe Market Volume (Units) Forecast by Sensing Axis, 2018 to 2033
Table 29: Europe Market Value (US$ Million) Forecast by Device, 2018 to 2033
Table 30: Europe Market Volume (Units) Forecast by Device, 2018 to 2033
Table 31: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 32: Europe Market Volume (Units) Forecast by Application, 2018 to 2033
Table 33: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 34: Asia Pacific Market Volume (Units) Forecast by Country, 2018 to 2033
Table 35: Asia Pacific Market Value (US$ Million) Forecast by Sensing Axis, 2018 to 2033
Table 36: Asia Pacific Market Volume (Units) Forecast by Sensing Axis, 2018 to 2033
Table 37: Asia Pacific Market Value (US$ Million) Forecast by Device, 2018 to 2033
Table 38: Asia Pacific Market Volume (Units) Forecast by Device, 2018 to 2033
Table 39: Asia Pacific Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 40: Asia Pacific Market Volume (Units) Forecast by Application, 2018 to 2033
Table 41: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 42: MEA Market Volume (Units) Forecast by Country, 2018 to 2033
Table 43: MEA Market Value (US$ Million) Forecast by Sensing Axis, 2018 to 2033
Table 44: MEA Market Volume (Units) Forecast by Sensing Axis, 2018 to 2033
Table 45: MEA Market Value (US$ Million) Forecast by Device, 2018 to 2033
Table 46: MEA Market Volume (Units) Forecast by Device, 2018 to 2033
Table 47: MEA Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 48: MEA Market Volume (Units) Forecast by Application, 2018 to 2033
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List of Charts
Figure 1: Global Market Value (US$ Million) by Sensing Axis, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Device, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Application, 2023 to 2033
Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 6: Global Market Volume (Units) Analysis by Region, 2018 to 2033
Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 9: Global Market Value (US$ Million) Analysis by Sensing Axis, 2018 to 2033
Figure 10: Global Market Volume (Units) Analysis by Sensing Axis, 2018 to 2033
Figure 11: Global Market Value Share (%) and BPS Analysis by Sensing Axis, 2023 to 2033
Figure 12: Global Market Y-o-Y Growth (%) Projections by Sensing Axis, 2023 to 2033
Figure 13: Global Market Value (US$ Million) Analysis by Device, 2018 to 2033
Figure 14: Global Market Volume (Units) Analysis by Device, 2018 to 2033
Figure 15: Global Market Value Share (%) and BPS Analysis by Device, 2023 to 2033
Figure 16: Global Market Y-o-Y Growth (%) Projections by Device, 2023 to 2033
Figure 17: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 18: Global Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 19: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 20: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 21: Global Market Attractiveness by Sensing Axis, 2023 to 2033
Figure 22: Global Market Attractiveness by Device, 2023 to 2033
Figure 23: Global Market Attractiveness by Application, 2023 to 2033
Figure 24: Global Market Attractiveness by Region, 2023 to 2033
Figure 25: North America Market Value (US$ Million) by Sensing Axis, 2023 to 2033
Figure 26: North America Market Value (US$ Million) by Device, 2023 to 2033
Figure 27: North America Market Value (US$ Million) by Application, 2023 to 2033
Figure 28: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 29: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 30: North America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 33: North America Market Value (US$ Million) Analysis by Sensing Axis, 2018 to 2033
Figure 34: North America Market Volume (Units) Analysis by Sensing Axis, 2018 to 2033
Figure 35: North America Market Value Share (%) and BPS Analysis by Sensing Axis, 2023 to 2033
Figure 36: North America Market Y-o-Y Growth (%) Projections by Sensing Axis, 2023 to 2033
Figure 37: North America Market Value (US$ Million) Analysis by Device, 2018 to 2033
Figure 38: North America Market Volume (Units) Analysis by Device, 2018 to 2033
Figure 39: North America Market Value Share (%) and BPS Analysis by Device, 2023 to 2033
Figure 40: North America Market Y-o-Y Growth (%) Projections by Device, 2023 to 2033
Figure 41: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 42: North America Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 43: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 44: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 45: North America Market Attractiveness by Sensing Axis, 2023 to 2033
Figure 46: North America Market Attractiveness by Device, 2023 to 2033
Figure 47: North America Market Attractiveness by Application, 2023 to 2033
Figure 48: North America Market Attractiveness by Country, 2023 to 2033
Figure 49: Latin America Market Value (US$ Million) by Sensing Axis, 2023 to 2033
Figure 50: Latin America Market Value (US$ Million) by Device, 2023 to 2033
Figure 51: Latin America Market Value (US$ Million) by Application, 2023 to 2033
Figure 52: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 54: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 57: Latin America Market Value (US$ Million) Analysis by Sensing Axis, 2018 to 2033
Figure 58: Latin America Market Volume (Units) Analysis by Sensing Axis, 2018 to 2033
Figure 59: Latin America Market Value Share (%) and BPS Analysis by Sensing Axis, 2023 to 2033
Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Sensing Axis, 2023 to 2033
Figure 61: Latin America Market Value (US$ Million) Analysis by Device, 2018 to 2033
Figure 62: Latin America Market Volume (Units) Analysis by Device, 2018 to 2033
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Device, 2023 to 2033
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Device, 2023 to 2033
Figure 65: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 66: Latin America Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 67: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 69: Latin America Market Attractiveness by Sensing Axis, 2023 to 2033
Figure 70: Latin America Market Attractiveness by Device, 2023 to 2033
Figure 71: Latin America Market Attractiveness by Application, 2023 to 2033
Figure 72: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 73: Europe Market Value (US$ Million) by Sensing Axis, 2023 to 2033
Figure 74: Europe Market Value (US$ Million) by Device, 2023 to 2033
Figure 75: Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 76: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 77: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 78: Europe Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 81: Europe Market Value (US$ Million) Analysis by Sensing Axis, 2018 to 2033
Figure 82: Europe Market Volume (Units) Analysis by Sensing Axis, 2018 to 2033
Figure 83: Europe Market Value Share (%) and BPS Analysis by Sensing Axis, 2023 to 2033
Figure 84: Europe Market Y-o-Y Growth (%) Projections by Sensing Axis, 2023 to 2033
Figure 85: Europe Market Value (US$ Million) Analysis by Device, 2018 to 2033
Figure 86: Europe Market Volume (Units) Analysis by Device, 2018 to 2033
Figure 87: Europe Market Value Share (%) and BPS Analysis by Device, 2023 to 2033
Figure 88: Europe Market Y-o-Y Growth (%) Projections by Device, 2023 to 2033
Figure 89: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 90: Europe Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 91: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 92: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 93: Europe Market Attractiveness by Sensing Axis, 2023 to 2033
Figure 94: Europe Market Attractiveness by Device, 2023 to 2033
Figure 95: Europe Market Attractiveness by Application, 2023 to 2033
Figure 96: Europe Market Attractiveness by Country, 2023 to 2033
Figure 97: Asia Pacific Market Value (US$ Million) by Sensing Axis, 2023 to 2033
Figure 98: Asia Pacific Market Value (US$ Million) by Device, 2023 to 2033
Figure 99: Asia Pacific Market Value (US$ Million) by Application, 2023 to 2033
Figure 100: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 101: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 102: Asia Pacific Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 103: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 104: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 105: Asia Pacific Market Value (US$ Million) Analysis by Sensing Axis, 2018 to 2033
Figure 106: Asia Pacific Market Volume (Units) Analysis by Sensing Axis, 2018 to 2033
Figure 107: Asia Pacific Market Value Share (%) and BPS Analysis by Sensing Axis, 2023 to 2033
Figure 108: Asia Pacific Market Y-o-Y Growth (%) Projections by Sensing Axis, 2023 to 2033
Figure 109: Asia Pacific Market Value (US$ Million) Analysis by Device, 2018 to 2033
Figure 110: Asia Pacific Market Volume (Units) Analysis by Device, 2018 to 2033
Figure 111: Asia Pacific Market Value Share (%) and BPS Analysis by Device, 2023 to 2033
Figure 112: Asia Pacific Market Y-o-Y Growth (%) Projections by Device, 2023 to 2033
Figure 113: Asia Pacific Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 114: Asia Pacific Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 115: Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 116: Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 117: Asia Pacific Market Attractiveness by Sensing Axis, 2023 to 2033
Figure 118: Asia Pacific Market Attractiveness by Device, 2023 to 2033
Figure 119: Asia Pacific Market Attractiveness by Application, 2023 to 2033
Figure 120: Asia Pacific Market Attractiveness by Country, 2023 to 2033
Figure 121: MEA Market Value (US$ Million) by Sensing Axis, 2023 to 2033
Figure 122: MEA Market Value (US$ Million) by Device, 2023 to 2033
Figure 123: MEA Market Value (US$ Million) by Application, 2023 to 2033
Figure 124: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 125: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 126: MEA Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 127: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 128: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 129: MEA Market Value (US$ Million) Analysis by Sensing Axis, 2018 to 2033
Figure 130: MEA Market Volume (Units) Analysis by Sensing Axis, 2018 to 2033
Figure 131: MEA Market Value Share (%) and BPS Analysis by Sensing Axis, 2023 to 2033
Figure 132: MEA Market Y-o-Y Growth (%) Projections by Sensing Axis, 2023 to 2033
Figure 133: MEA Market Value (US$ Million) Analysis by Device, 2018 to 2033
Figure 134: MEA Market Volume (Units) Analysis by Device, 2018 to 2033
Figure 135: MEA Market Value Share (%) and BPS Analysis by Device, 2023 to 2033
Figure 136: MEA Market Y-o-Y Growth (%) Projections by Device, 2023 to 2033
Figure 137: MEA Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 138: MEA Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 139: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 140: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 141: MEA Market Attractiveness by Sensing Axis, 2023 to 2033
Figure 142: MEA Market Attractiveness by Device, 2023 to 2033
Figure 143: MEA Market Attractiveness by Application, 2023 to 2033
Figure 144: MEA Market Attractiveness by Country, 2023 to 2033
