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Inertial Sensor for Land Defense Systems Market is expected to reach US$ 1269.22 million by 2030

Inertial sensor for land defense systems market projected to reach US$ 1269.22 million by 2030. Study covers trends, regional and global share

By The Insight Partners

Growing Industrialization Drives Inertial Sensor for Land Defense Systems Market Growth

According to our latest study on “Inertial Sensor for Land Defense Systems Market Size and Forecast (2020–2030), Global and Regional Share, Trend, and Growth Opportunity Analysis – by Offering, Type, and Application,” the market was valued at US$ 846.30 million in 2022 and is expected to reach US$ 1269.22 million by 2030; it is estimated to record a CAGR of 5.2% from 2022 to 2030.

The report includes growth prospects in light of current inertial sensor for land defense systems market trends and driving factors influencing the market growth. Unmanned vehicles, including unmanned ground vehicles (UGVs), unmanned aerial vehicles (UAVs), and unmanned underwater vehicles (UUVs), have become essential in defense operations due to their ability to reduce risks to human personnel, enhance situational awareness, and increase operational capabilities. Due to the potential of unmanned vehicles, governments of several countries across the globe are actively taking measures to incorporate them into their defense strategies. For instance, in January 2021, Honeywell, in collaboration with the US Defense Advanced Research Projects Agency (DARPA), developed advanced inertial sensor technology for future applications in both commercial and defense navigation. With funding from DARPA, Honeywell has made significant progress in the development of these sensors. Recent findings from Honeywell labs have demonstrated that the new sensors exhibit significantly higher levels of accuracy compared to Honeywell's current tactical-grade product, the HG1930 inertial measurement unit (IMU), which was widely deployed with over 150,000 units in use. This breakthrough in sensor technology holds great promise for enhancing navigation capabilities in various industries, including both commercial and defense sectors. The remarkable accuracy achieved by these sensors compared to their predecessors holds great promise for improving land defense systems and various other industries that rely on precise motion sensing, which is further boosting the inertial sensor for land defense systems market growth.

Inertial Sensor for Land Defense Systems Market – by Region, 2022 and 2030

To get sample Copy of the report, along with the TOC, Statistics, and Tables please visit @ https://www.theinsightpartners.com/brochure/TIPRE00038957

Source: The Insight Partners Analysis

North America comprises countries such as the US, Canada, and Mexico. US holds the largest inertial sensor for land defense systems market share in North America. The inertial sensor for land defense systems market is experiencing significant growth in North America. Inertial sensors play a crucial role in various land military applications, providing vital data for navigation, targeting, and platform stabilization. These sensors, typically combined into inertial measurement units (IMUs), measure the vehicle's movement, orientation, and acceleration without relying on external signals like GPS, making them particularly valuable in situations where GPS is unavailable or unreliable due to jamming or environmental factors. The militaries in North America are among the most powerful and well-equipped in the world. The US, Canada, and Mexico all have highly trained and professional forces capable of a wide range of operations, from peacekeeping to full-scale war. The US military is by far the largest and most powerful in North America. It has approximately 48% active and 52% reserve personnel. The US Army is the largest land force in the world, with over 500,000 active soldiers. Moreover, the US controls land sales to foreigners near eight military bases. Foreign citizens and companies would need US government approval to buy property within 160 km of eight military bases under a projected rule change that follows a Chinese firm's attempt to build a plant near a military base in the US state of North Dakota.

The increase in investments in the army is promoting the growth of land defense systems. For instance, in December 2023, Canada announced a US$ 1.68 billion investment in a technology network for the Canadian Army. The contracts will provide support for the land control, command, communications, computers, intelligence, surveillance, and reconnaissance (LC4ISR) system. In addition, in December 2023, Mexico announced that it invested US$ 30 billion in a military-run train line. The train line is built with limited transparency and is run by the army. All the above factors propel the market growth of inertial sensor for land defense systems in North America.

The global inertial sensor for land defense systems market is segmented by technology into FOG, MEMS, and others. The FOG segment held the largest inertial sensor for land defense systems market share in 2022. Fiber optic gyro (FOG) technology is a type of inertial sensor technology used in land defense systems for navigation, guidance, and control applications. FOG-based inertial sensors provide accurate and reliable measurements of angular rate and orientation. FOG technology utilizes the interference of light waves in a coiled optical fiber to measure angular rotation. The fiber optic coil is wound in a way that allows the light to travel in both clockwise and counterclockwise directions. When the coil rotates, the Coriolis effect causes a phase shift between the clockwise and counterclockwise light waves. This phase shift is proportional to the angular rate of rotation. FOG technology plays a vital role in developing high-performance inertial sensors for land defense systems. By utilizing the interference of light waves in optical fibers, FOG-based sensors offer accurate measurements of angular rate and orientation. These sensors provide crucial data for navigation, stabilization, and control applications in land defense systems, which further boost the inertial sensor for land defense systems market growth. Integrating FOG with other sensors further enhances the capabilities and reliability of these systems, ensuring their effectiveness in challenging operational environments.

Inertial Sensor for Land Defense Systems Market Report Segmentation and Scope:

The “inertial sensor for land defense systems market analysis” has been carried out by considering the following segments: technology, application, and geography. Based on technology, the market is segmented into MEMS, FOG, and others. In terms of application, the market is segmented into stabilization active protection systems, stabilization turret/cannon systems, stabilization missile systems, stabilization of optronic systems, missile GGM/SSM, land navigation including land survey, and others. Based on geography, the inertial sensor for land defense systems market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

The inertial sensor for land defense systems market forecast can help stakeholders plan their growth strategies. Collins Aerospace, Advanced Navigation Pty Ltd, Honeywell International Inc, Aeron Systems Pvt Ltd, Northrop Grumman Corp., SBG Systems SAS, Thales SA, Emcore Corp, GEM Elettronica SRL, and Exail SAS are among the prominent players profiled in the inertial sensor for land defense systems market report. In addition, several other players have been studied and analyzed during the study to get a holistic view of the market and its ecosystem. 

Inertial Sensor for Land Defense Systems Market Recent Developments: 

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the inertial sensor for land defense systems market. As per company press releases, below are a few recent key developments:

  • In July 2023, Advanced Navigation announced the expansion of its Boreas digital fiber-optic gyroscope (DFOG) range with the introduction of the new A Series. This latest development serves as a testament to the company’s steadfast dedication to addressing the growing need for ultra-high-accuracy solutions, particularly in the face of highly demanding conditions. With a solid reputation as a leading provider of artificial intelligence (AI) for robotic and navigation technologies, Advanced Navigation continues to establish itself as a prominent player in the industry.
  • In December 2022, EMCORE Corporation, a prominent supplier of cutting-edge mixed-signal offerings catering to the aerospace & defense, communications, and sensing sectors, unveiled its latest offering, the TAC-450 line of Inertial Measurement Units (IMUs). This product line encompasses three top-tier IMUs equipped with tactical-grade photonic Fiber Optic Gyros (FOGs), incorporating EMCORE’s patented Photonic Integrated Chip (PIC) technology. This announcement highlights EMCORE’s continued commitment to delivering advanced solutions in these industries.

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