Global Hemispherical Resonator Gyroscope (HRG) Market Growth 2023-2029

Global Hemispherical Resonator Gyroscope (HRG) Market Growth 2023-2029

The global Hemispherical Resonator Gyroscope (HRG) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The main manufacturers of hemispherical resonant gyroscopes in the Chinese market are Northrop Grumman Corporation, Safran Electronics & Defense and China Electronics Technology Group Corporation. Safran Electronics & Defense holds more than 70% of the market.

According to different product types, there are mHGR and uHRG. The hemispherical resonant gyroscope with a diameter of 30mm holds more than 70% of the market share.

The main applications are in aerospace, marine and other fields. Aerospace is the largest market with about 40% share, followed by marine and others with 25% and 35% market share respectively.

LPI (LP Information)' newest research report, the “Hemispherical Resonator Gyroscope (HRG) Industry Forecast” looks at past sales and reviews total world Hemispherical Resonator Gyroscope (HRG) sales in 2022, providing a comprehensive analysis by region and market sector of projected Hemispherical Resonator Gyroscope (HRG) sales for 2023 through 2029. With Hemispherical Resonator Gyroscope (HRG) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hemispherical Resonator Gyroscope (HRG) industry.

This Insight Report provides a comprehensive analysis of the global Hemispherical Resonator Gyroscope (HRG) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hemispherical Resonator Gyroscope (HRG) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hemispherical Resonator Gyroscope (HRG) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hemispherical Resonator Gyroscope (HRG) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hemispherical Resonator Gyroscope (HRG).

This report presents a comprehensive overview, market shares, and growth opportunities of Hemispherical Resonator Gyroscope (HRG) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
mHRG
uHRG

Segmentation by application
Aerospace
Ship
Tactical Weapon
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Northrop Grumman Corporation
Safran Electronics & Defense
China Electronics Technology Group Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hemispherical Resonator Gyroscope (HRG) market?

What factors are driving Hemispherical Resonator Gyroscope (HRG) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hemispherical Resonator Gyroscope (HRG) market opportunities vary by end market size?

How does Hemispherical Resonator Gyroscope (HRG) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.