Global High-End Gyroscopes Market Growth 2023-2029

Global High-End Gyroscopes Market Growth 2023-2029

A gyroscope is a device used for measuring or maintaining orientation and angular velocity. It is a spinning wheel or disc in which the axis of rotation (spin axis) is free to assume any orientation by itself. When rotating, the orientation of this axis is unaffected by tilting or rotation of the mounting, according to the conservation of angular momentum.
LPI (LP Information)' newest research report, the “High-End Gyroscopes Industry Forecast” looks at past sales and reviews total world High-End Gyroscopes sales in 2022, providing a comprehensive analysis by region and market sector of projected High-End Gyroscopes sales for 2023 through 2029. With High-End Gyroscopes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High-End Gyroscopes industry.
This Insight Report provides a comprehensive analysis of the global High-End Gyroscopes 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 High-End Gyroscopes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global High-End Gyroscopes market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High-End Gyroscopes 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 High-End Gyroscopes.
The global High-End Gyroscopes market size is projected to grow from US$ 1721.7 million in 2022 to US$ 2574 million in 2029; it is expected to grow at a CAGR of 2574 from 2023 to 2029.
For the High-End Gyroscopes industry, the market is concentrated. Honeywell, Northrop Grumman, Safran are the leader companies globally. The top 5 manufacturers nearly have market share of 67% in 2019.
North America occupied the largest sales market share with 51% in 2019. It is followed by Europe and Asia-Pacific.
On the basis of product type, RLG segment is projected to account for the largest consumption volume market share during the forecast period; this segment was estimated to account for 45% share in 2019 in terms of consumption volume.
In the applications, Air Plan segment was estimated to account for the highest market share of 43% in 2019, Ship & Submarine segment held 19% of the market share.
This report presents a comprehensive overview, market shares, and growth opportunities of High-End Gyroscopes market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
RLG
FOG
MEMSG
HRG
Others
Segmentation by application
Air Plan
Automotive
Ship & Submarine
Others
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.
Honeywell
Northrop Grumman
Safran
Kearfott
Silicon Sensing
AVIC
Polyus
KVH Industries
Optolink
Analog Devices
MIEA JSC
JAE
Beifang Jierui
iXblue
Inertial Technologies JSC

Key Questions Addressed in this Report
What is the 10-year outlook for the global High-End Gyroscopes market?
What factors are driving High-End Gyroscopes market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do High-End Gyroscopes market opportunities vary by end market size?
How does High-End Gyroscopes 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.