Global Inertial Navigation System (INS) Market 2014-2018: Key Vendors are Honeywell, Northrop Grumman, SAGEM and Thales

DUBLIN, October 10, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/zj2d7b/global_inertial) has announced the addition of the "Global Inertial Navigation System (INS) Market 2014-2018" report to their offering. 

Inertial navigation systems (INS) are highly complex navigation aids that are integrated to other vessel management systems used on aircrafts, rockets, marine vessels, and other aerial vehicles. An INS consists of computers, accelerometers, gyroscopes, and uses the process of dead reckoning to determine the attitude (position, orientation, and velocity) of the moving object. Major end-customers of these systems hail from both the Defense and Commercial sectors with airlines and space research organizations being some of them. 

The analysts forecast the Global Managed Services market to grow at a CAGR of 10.69 percent over the period 2013-2018.

The INS can be categorized into the following six types based on technology: mechanical gyroscope-based INS, RLG-based INS, FOG-based INS, MEMS-based INS, HRG-based INS, and vibrating gyroscope-based INS. The majority of the systems are used for defense applications.

The report, the Global Inertial Navigation Systems Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the EMEA region, North America, the APAC region, and the ROW; it also covers the Global Inertial Navigation Systems market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

One major trend in this market is the large research and development investments by market players on the emerging Micro Electro Mechanical Systems technology-based INS. MEMS processes have rendered it possible to manufacture lighter and cheaper INS. Companies are taking advantage of this process and rolling out a high volume of components for end-users.

According to the report, one of the major drivers in this market is the strong demand for aircraft worldwide. INS can operate even under extreme conditions and still come out with accurate motion, position, and orientation data, which is fed into other connected systems, their usage is almost indispensable. Commercial as well as military aircraft operations are on the rise, driving their installation.

Further, the report states that one of the major challenges limiting the growth of this market is the complexity of integrating these systems with others. Avionic systems are complex, where the output from one system becomes the input for the next one. The dimensions of these systems along with unstable magnetic environments and challenging operating environments pose a problem in their integration.

Key Topics Covered: 

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Market Segmentation by Technology

08. Market Segmentation by End-users

09. Geographical Segmentation

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Trends and their Impact

17. Vendor Landscape

18. Key Vendor Analysis

19. Other Reports in this Series


Companies Mentioned:

• Honeywell International
• Northrop Grumman
• SAGEM
• Thales
• Advanced Navigation
• Atlantic Inertial Systems
• Crossbow Technology
• IXBlue
• Kearfott Corporation
• KVH Industries
• L-3 Communications Holdings
• MicroStrain
• Rockwell Collins
• SBG Systems
• Sonardyne International
• Systron Donner Inertial
• Teledyne CDL
• Trimble Navigation
• VectorNav Technologies

For more information visit http://www.researchandmarkets.com/research/zj2d7b/global_inertial

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net