Growth of Gyroscope Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com
Growth of Gyroscope Market 2019-2024
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Industry Market Research for Business Leaders, Strategists, Decision Makers
Press Release Global Gyroscope Market: Demand Analysis and Growth Forecast A newly compiled market research report from IndustryARC states that gyroscope market size was around $1.5 billion - $1.7 billion in 2018, and its value is estimated to grow at a CAGR of around 4% 5% during the forecast period 2019-2025. The information is revealed in a new business intelligence report from IndustryARC, titled: “Gyroscope market: By Product (Smartphones, Tablets, Laptops, Cameras and Gaming Consoles); By Application (Consumer Electronics, Automotive, Aerospace & Defense and Industrial) & Geography - Forecast (2019 - 2025).” The electronic aspects of automobiles have incremented radically in the past couple of decades, often owing to the need to manage vehicle safety. Gyroscope is primarily used to provide stable reference direction in navigation systems, automatic pilots, and stabilizers. Additionally, it measures orientation and angular velocity which improves the vehicle safety. MEMS gyroscope such as hemispherical resonator gyroscope (HRG), dynamically tuned gyroscope, coriolis vibratory gyroscope; fiber optic gyroscope, and ring layer gyroscope are the different types of gyroscopes which are majorly used in diverse range of applications such as consumer electronics, automotive, aerospace & defense and in industrial applications. These devices are commonly used in electronic stability control systems, and skid prevention systems as well. Browse 52 Market Tables, 175 Figures spread through 131 slides and an in-depth TOC “Gyroscope market (2019 - 2025)” Global Gyroscope Market: Leading Segments Aerospace and defense applications held the largest share among other applications in the gyroscope market and is estimated to grow at a CAGR of around 6.5 % over the forecast period 20192025. The analyst attributes it to high demand for accurate and reliable inertial navigation systems in modern aircrafts. New innovation optical gyroscopes with essential properties such as significant performance, compact dimensions, and brilliant stability are boosting the growth of gyroscope market in aerospace industry. Attitude indicator, heading indictor, and turn coordinator gyroscopic instruments are highly recommended to use in aerospace as they provide navigation information such as aircraft climbing, descending, straight and level. Emerging usage of versatile HRG with compact design and reliability in military applications which include armored vehicles, drones, ships and planes are attributing to the growth of the gyroscope market across defense applications. Based on the geographical analysis provided in the IndustryARC market research report, North America region held a major share of around 40% in the gyroscope market in the year 2018. Presence of more number of gyroscope OEM’s in this region coupled with development of world’s smallest optical gyroscope in the U.S. has accounted this region to remain dominant through to 2025 Global Gyroscope Market Trends Integration of automotive gyroscopes for safety direction of a vehicle through dead-reckoning navigation system without GPS, potential sensor failures while travelling in tunnels Evolution of gyroscopes in car navigation, 3D PC mice, remote controllers designed for home video game systems, and in autonomous vacuum cleaners applications Growing adoption of gyroscopes in smartphones, laptops, tablets, cameras and gaming
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consoles owing to their high stability, low power consumption, exceptional resistance to shock and vibration properties High precision and cost effective navigation technology in autonomous systems in air, on land and undersea are driving the growth of gyroscope market Global Gyroscope Market: Competitive Landscape Aeron, Honeywell International Inc, Lord Microstain, MEMSIC, Moog, Northrop Grumman, CASC China Aerospace, GEM Electronica, NG Italia and Optolink are some of the key companies operating in the global gyroscope market. These companies are mentioned as the major market share players in the gyroscope market research report Talk to one of our sales representative about the full report by providing your details in the link below: https://industryarc.com/support.php?id=15628 Related Reports: Inertial Sensing Systems and Its Components Market: By Systems (Aided navigation system, Attitude/heading reference systems, Vertical reference unit, inertial measurement unit, Stable platform systems, strap down systems ); By components (Accelerometers, Gyroscopes ); By application ( Drone, Control & Stabilization, Bore industry, Ground robotics, Training and stimulation payloads, Pedestrian Navigation, Mobile mapping, Automotive testing and others ); By end user industry(Aviation, Automobiles, Consumer electronics, Defense, Air force, transport ); By Geography Forecast(2018-2023) https://industryarc.com/Report/100/Inertial-sensors-devices-market-analysis-report.html Motion Sensor Market:By Sensor Type (Ultrasonic, Infra-red (IR), Microwave (MRW), Tomographic, Others), By Technology, By Application, & By Geography - Forecast(2018 - 2023) https://industryarc.com/Report/15583/motion-sensors-market.html About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today. Contact Us: Mr. Venkateshwar Reddy Business Development Manager Email: sales@industryarc.com Contact Sales: 1-614-588-8538 (Ext-101) Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc
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Industry Market Research for Business Leaders, Strategists, Decision Makers
Table of Contents 1. Gyroscope – Market Overview 2. Executive Summary 3. Gyroscope – Market Landscape 3.1. Market Share Analysis 3.2. Comparative Analysis 3.2.1. Product Benchmarking 3.2.2. End User Profiling 3.2.3. Top 5 Financials Analysis 4. Gyroscope – Market Forces 4.1. Market Drivers 4.2. Market Constraints 4.3. Market Challenges 4.4. Attractiveness of the Gyroscope market 4.4.1. Power of Suppliers 4.4.2. Power of Customers 4.4.3. Threat of New Entrants 4.4.4. Threat of Substitution 4.4.5. Degree of Competition 5. Gyroscope Market – Strategic Analysis 5.1. Value Chain Analysis 5.2. Pricing Analysis 5.3. Opportunities Analysis 5.4. Product/Market Life Cycle Analysis 5.5. Suppliers and Distributors 6. Gyroscope Market– By Product 6.1. Smartphones 6.2. Tablets 6.3. Laptops 6.4. Cameras 6.5. Gaming Consoles 6.6. Others 7. Gyroscope Market– By Application 7.1. Consumer Electronics 7.2. Automotive 7.3. Aerospace & Defense 7.4. Industrial 7.5. Others 8. Gyroscope Market– By Geography 8.1. Introduction 8.2. Global Study 8.3. Americas 8.3.1. North America 8.3.2. Brazil 8.3.3. Argentina 8.3.4. Others 8.4. Europe 8.4.1. U.K. 8.4.2. France 8.4.3. Germany
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8.4.4. Others 8.5. APAC 8.5.1. China 8.5.2. Japan 8.5.3. India 8.5.4. Others 8.6. ROW 9. Gyroscope Market Entropy 9.1. New Product Launches 9.2. M&As, Collaborations, JVs and Partnerships 10. Company Profiles 10.1. Aeron 10.2. Honeywell International Inc. 10.3. ST Microelectronics 10.4. Analog Devices Inc. 10.5. Lord Microstain 10.6. MEMSIC 10.7. Moog 10.8. Systron Donner 10.9. Trimble Navigation 10.10. Vectornav Technologies *More than 10 Companies are profiled in this Research Report* "*Financials would be provided on a best efforts basis for private companies" 11. Appendix 11.1. Abbreviations 11.2. Sources 11.3. Research Methodology 11.4. Bibliography 11.5. Compilation of Expert Insights 11.6. Disclaimer
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Industry Market Research for Business Leaders, Strategists, Decision Makers
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Industry Market Research for Business Leaders, Strategists, Decision Makers
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