Global Inertial Navigation System (INS) market to reach $14.8 billion by 2027


In the changed post COVID-19 business landscape, the global market for Inertial Navigation System (INS) estimated at US$10.8 Billion in the year 2020, is projected to reach a revised size of US$14.8 Billion by 2027, growing at a CAGR of 4.6% over the analysis period 2020-2027. Gyroscopes, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$6.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Accelerometers segment is readjusted to a revised 4.7% CAGR for the next 7-year period.

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Inertial Navigation System (INS): Global Strategic Business Report