The inertial sensor for land defense systems market size is projected to reach US$ 1,269.22 million by 2030 from US$ 846.30 million in 2022; 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.
Analyst Perspective:
The reliability and precision of weapon systems are of utmost importance in land defense, which can be achieved through the use of inertial sensors. By accurately measuring the specific force and angular rate of the weapon system, these sensors provide real-time data that helps maintain the system's stability and accuracy. Inertial sensors find applications in various land defense systems, including artillery systems, missile guidance systems, unmanned ground vehicles (UGVs), and autonomous weapon platforms. These sensors provide critical data for navigation stabilization and other targeting purposes, enhancing the overall performance and reliability of these systems. Thus, the emphasis on weapon system reliability is boosting the demand for inertial sensors in land defense systems, which drives the inertial sensor for land defense systems market
Inertial Sensor for Land Defense Systems Market Overview:
The inertial sensor, also recognized as the inertial navigation system (INS), uses an accelerometer and gyro to determine the spacecraft's attitude in relation to the inertial system. These range from microelectromechanical systems (MEMS) inertial sensors, measuring only a few mm, to ring laser gyroscopes that are high-precision devices with a size of up to 50 cm. Advancements in microelectromechanical systems (MEMS) have significantly impacted the miniaturization, cost reduction, and improved performance of inertial sensors. MEMS devices can play key roles in designing and developing military sensors to meet specific mission requirements. Because of their low power consumption, compact size, and ultrahigh reliability, MEMS are most suitable in the development of sensors for battlefield tanks, surveillance for hostile territory, drone electronics, covert communications, unmanned air vehicles (UAVs), and missiles to shoot down hostile targets.
Reliability and precision of weapon systems are of utmost importance in land defense. Growing government initiatives to use unmanned vehicles for various defense applications create significant opportunities for integrating inertial sensors in land defense systems. Moreover, the threats of global navigation satellite system (GNSS) spoofing and jamming on the battlefields drive the adoption of inertial navigation systems. These threats can severely affect military operations, creating the need for reliable and high-performance inertial navigation systems. These factors are driving the inertial sensor for land defense systems market.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Inertial Sensor for Land Defense Systems Market: Strategic Insights
Market Size Value in US$ 846.30 million in 2022 Market Size Value by US$ 1,269.22 million by 2030 Growth rate CAGR of 5.2% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Inertial Sensor for Land Defense Systems Market: Strategic Insights
| Market Size Value in | US$ 846.30 million in 2022 |
| Market Size Value by | US$ 1,269.22 million by 2030 |
| Growth rate | CAGR of 5.2% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Inertial Sensor for Land Defense Systems Market Driver:
Advancements in MEMS Technology to Boost the Inertial Sensor for Land Defense Systems Market Growth
Microelectromechanical Systems (MEMS) refers to the fabrication of microscopic sensors, actuators, and transducers with moving mechanical parts at the microscopic scale. The utilization of MEMS technology in inertial sensors for land defense systems has expanded their range of applications. MEMS technology enables the production of inertial sensors on a microscopic scale, allowing for their integration into smaller land defense systems such as unmanned ground vehicles and soldier-worn devices. Additionally, the adoption of MEMS technology has led to cost reduction in sensor manufacturing, making inertial sensors more accessible and affordable. MEMS-based inertial sensors offer superior performance characteristics, including high sensitivity, accuracy, and stability, enhancing their suitability for precise motion sensing and navigation in land defense systems. For instance, in September 2023, EMCORE Corporation, a leading provider of inertial navigation solutions to the aerospace & defense industry, announced the launch of the TAC-440 MEMS Inertial Measurement Unit (IMU). This IMU is recognized as the world's smallest 1°/hour IMU and is available in an ultra-compact package of less than 5 cubic inches. Furthermore, the TAC-440 is designed to be a higher-performance replacement for the Honeywell 1930 and 4930 IMUs, offering improved form, fit, and function compatibility.
Overall, the introduction of the TAC-440 MEMS Inertial Measurement Unit by EMCORE Corporation represents a significant advancement in the field of inertial navigation technology. Its small size, cost-effectiveness, improved performance, integration possibilities, and mass production capability make it a valuable asset for various land defense applications. MEMS technology also enables the integration of multiple sensors on a single chip, providing multi-axis motion sensing capabilities. Furthermore, the mass production capability of MEMS technology has substantially contributed to the widespread adoption of inertial sensors in land defense systems. Thus, advancements in MEMS technology have had a significant impact on the miniaturization, cost reduction, and improved performance of inertial sensors, which drives the inertial sensor for land defense systems market.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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.
Inertial Sensor for Land Defense Systems Market Segmental Analysis:
By application, the inertial sensor for land defense systems 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. The stabilization missile systems segment is anticipated to hold a significant inertial sensor for land defense systems market share by 2030. Inertial sensors play a crucial role in the stabilization of missile systems. These sensors are part of an inertial navigation system (INS), which is a navigation device that uses motion sensors (accelerometers) and rotation sensors (gyroscopes) to uninterruptedly calculate the position, orientation, and velocity of a moving object without the need for external references. Inertial sensors are used to stabilize sensor systems in missiles. By measuring the motion and rotation of the missile, the sensors help compensate for the high-rotation motion and maintain the stability of the sensor system. This stabilization is crucial for accurate target tracking, surveillance, and missile guidance. Inertial sensors are used to achieve high-precision navigation in missile systems. They provide accurate measurements of the missile's angular velocity and acceleration, which are essential for guidance and control functions. For example, an accurate inertial reference system is needed to stabilize target line-of-sight measurements for the computation of missile guidance commands. In some missile systems, a novel Semi-strap-down Stabilized Platform (SSP) is used to mount the sensors. This platform isolates the high-rotational motion of the missile, reducing the range requirements of the sensors and enabling high-precision navigation; thus, these factors boost the inertial sensor for land defense systems market growth.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Inertial Sensor for Land Defense Systems Market Regional Analysis:
The Asia Pacific inertial sensor for land defense systems market is segmented into Australia, China, India, Japan, South Korea, and the rest of Asia Pacific. China accounted for the largest inertial sensor for land defense systems market share in Asia Pacific. The region is experiencing substantial growth in the inertial sensor for the land defense systems market. Asia Pacific (APAC) is home to some of the world's most powerful militaries, with several countries investing heavily in their land defense capabilities. Militaries across APAC are investing in modern weapons systems, such as long-range missiles, precision-guided munitions, cyberwarfare capabilities, and other military projects. For instance, in July 2020, India earmarked US$ 5.2 billion to design and develop military equipment. The Ministry of Defence announced that the approved proposals involved acquisitions worth US$ 4.1 billion from domestic defense industry firms. Additionally, in December 2023, the US military announced the deployment of intermediate-range ground-based missiles in the Indo-Pacific in 2024, establishing its first arsenal in the region since the end of the Cold War to enhance deterrence against China.
Inertial Sensor for Land Defense Systems Market Key Player Analysis:
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 September 2023, Advanced Navigation, a globally recognized leader in artificial intelligence (AI) for robotic and navigation technologies, inaugurated a state-of-the-art robotics facility at UTS Tech Lab. Situated in Botany, New South Wales, this facility aims to expand the production capabilities of Advanced Navigation, specifically for their groundbreaking AI navigation systems designed for GPS-denied environments. Notably, this includes their cutting-edge digital fiber-optic gyroscope (DFOG) technology known as Boreas.
- In September 2023, EMCORE Corporation made a significant announcement regarding the release of the TAC-440 MEMS Inertial Measurement Unit (IMU), which stands as the world’s smallest IMU, boasting an impressive accuracy of 1°/hour. With its remarkably compact design occupying less than 5 cubic inches, the TAC-440 represents a superior option that aligns seamlessly with the form, fit, and function of the Honeywell 1930 and 4930 IMUs, offering enhanced performance. This unveiling underscores EMCORE’s commitment to delivering cutting-edge solutions that excel in the industry.
- In May 2023, SBG Systems introduced Ekinox Micro, a state-of-the-art compact GNSS-aided inertial navigation solution specifically designed for mission-critical applications. This cutting-edge technology is characterized by its miniature size and exceptional performance, making it an ideal choice for demanding scenarios where precise and reliable navigation is crucial. By integrating high-performance GNSS and inertial sensors, Ekinox Micro offers unparalleled accuracy and stability, ensuring optimal navigation performance even in challenging environments.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Technology, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The incremental growth expected to be recorded for the global inertial sensor for land defense system market during the forecast period is US$ 404.92 million.
The global inertial sensor for land defense system market is expected to reach US$ 1269.22 million by 2030.
The key players holding majority shares in the global inertial sensor for land defense system market are 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.
Integration of Inertial Sensors with Other Sensor Technologies is anticipated to play a significant role in the global inertial sensor for land defense system market in the coming years.
The advancements in MEMS technology and emphasis on weapon system reliability are the major factors that propel the global inertial sensor for land defense system market.
The global inertial sensor for land defense system market was estimated to be US$ 846.30 million in 2022 and is expected to grow at a CAGR of 5.2% during the forecast period 2023 - 2030.
The List of Companies - Inertial Sensor for Land Defense System Market
- 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
- Exail SAS
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Trends and growth analysis reports related to Inertial Sensor for Land Defense Systems Market
Feb 2024
Robotic Crawler Camera System Market
Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component [Hardware (Cameras, Crawlers, Cable Drums, Control Units, and Others), Software, and Service], Application (Drain Inspection, Pipeline Inspection, and Tank Void Capacity or Conduit Inspection), and End User (Residential, Commercial, Municipal, and Industrial)
Feb 2024
Inertial Sensor for Land Defense Systems Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Technology (FOG, MEMS, and Others) and Application (Stabilization Missile Systems, Stabilization Turret-Cannon Systems, Land Navigation Including Land Survey, Missile GGM-SSM, Stabilization Active Protection System, Stabilization of Optronics System, and Others)
Feb 2024
Drone Lithium Battery Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis By Battery Type (Li-ion, Li-Po, and Li-S), Battery Capacity (Below 3,000 mAh; 3,000–5,000 mAh; and Above 5,000 mAh), Drone MTOW (Below 100 Kgs, 100–200 Kgs, and Above 200 Kgs), Wing Type (Fixed Wing and Rotary Wing), and End Use (Military and Commercial)
Feb 2024
ASRS for Garments on Hangers Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis By Type (Garment Rail System, Garment Conveyor, Garment Property Storage, and Others) and Application (Warehousing and Logistics, Retail 3PL, Hotels, Hospitals and Institutes, and Others)
Feb 2024
Analog to Digital Converter Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Integrating Analog to Digital Converters, Delta-Sigma Analog to Digital Converters, Successive Approximation Analog to Digital Converters, Ramp Analog to Digital Converters, and Others), Resolution (8-Bit, 10-Bit, 12-Bit, 14-Bit, 16-Bit, and Others), and Application (Industrial, Consumer Electronics, Automotive, Healthcare, Telecommunication, and Others)
Feb 2024
Laser Distance Sensor Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Distance (Between 2 and 10 Meters, Between 11 and 100 Meters, Between 101 and 200 Meters, and Between 201 and 500 Meters), Accuracy (1 mm at 2 Sigma, 3 mm with 2 Sigma, and 5 mm at 2 Sigma), and End User (Manufacturing, Construction, Automotive and Robotics, Aerospace and Defense, Geospatial Industry, and Others)
Feb 2024
Rugged Tablet Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis By Type (Fully Rugged Tablet, Semi Rugged Tablet, and Ultra Rugged Tablet); Operating System (Android, Windows, and iOS); and Application (Aerospace & Defense, Automotive, Construction, Energy & Utilities, Manufacturing, Oil & Gas, and Others)
Feb 2024
Rear Door Heat Exchanger Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Active and Passive) and End User (Data Center, IT and Telecommunication, Semiconductor, Education, Government, and Others)