The global INS market is anticipated to grow at a CAGR of 9.0 % during the forecast period (2023-2030). INS technology is used in a wide variety of applications, from commercial aviation and military aviation to unmanned aerial vehicles (UAVs) and maritime & naval vessels. It is employed in tanks, armored vehicles, and military transport vehicles for navigation, target acquisition, and fire control, in addition to land surveyors and cartographers for accurate geospatial data for mapping and infrastructure development. Additionally, industrial robots in manufacturing and assembly processes utilize INS for precise positioning and motion control, in addition to autonomous ground and aerial robots, including drones, for navigation and path planning. Furthermore, the market’s growth is attributed to increasing aerospace and space exploration around the globe. Increasing space exploration endeavors, satellite deployments, and commercial space companies necessitate enhanced navigation systems for mission success. The utilization of INS technology is essential for precise orbital improvements and trajectory control. For instance, in January 2023, Inertial Labs released an improved version of the "INS-U" Global Positioning System (GPS)-Aided INS, an expanded version of the Differential Pressure Sensor, and an Embedded Air Data Computer, allowing the device to detect airspeed with up to 600 KNOTS to improve high dynamic applications.
Browse the full report description of “Inertial Navigation System (INS) Market Size, Share & Trends Analysis Report by Component (Accelerometers, Gyroscopes, and Others), by Technology (Mechanical Gyroscopes, Ring Laser Gyroscopes (RLG), Fiber Optic Gyroscopes (FOG), Micro-Electro-Mechanical Systems (MEMS) Sensors, and Others), by Platform (Airborne, Ground, Maritime, and Space), and by End-user (Aerospace and Defense, Marine, Automotive, and Industrial) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/inertial-navigation-system-ins-market
Furthermore, combining GPS and INS technologies in GPS-aided INS systems is beneficial in providing reliable and accurate positioning and navigation data for aircraft, missiles and unmanned systems. The integration of these two technologies enhances the precision and dependability of the system. In June 2023, Northrop Grumman implemented a successful flight test of its advanced airborne navigation solution, known as EGI-M (Embedded GPS/ INS Modernization). It is the initial period that an EGI-M outfitted with an M-Code capable receiver has operated. The M-Code capable GPS receiver is a key component of Northrop Grumman's EGI-M program, designed to relay location, navigation, and timing data as promptly as feasible.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Component
o By Technology
o By Platform
o By End-user
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Aeron Sytems Private Ltd., General Electric Co., Gladiator Technologies, Inc., Inertial Sense Inc., and MEMSIC Group, among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Inertial Navigation System (INS) Market Report Segment
By Component
By Technology
By Platform
By End-user
Global Inertial Navigation System (INS) Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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