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Fiber Optic Gyroscope Market

Fiber Optic Gyroscope Market to register a CAGR of 6% during the forecast period, 2021-2031. 3-Axis fiber optic gyroscopes account for maximum revenue share.<br>

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Fiber Optic Gyroscope Market

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  1. Copyright © Fact.MR All Rights Reserved Fiber Optic Gyroscope Market to register a CAGR of 6% during the forecast period, 2021-2031. 3-Axis fiber optic gyroscopes account for maximum revenue share.

  2. About Fact.MR Fact.MR (FMR) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMR is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Social Media Research Customized Research Syndicated Research Investment Research Research Capabilities Sector Coverage • Automotive and Transportation • Electronics, Semiconductor, and ICT • Retail and Consumer Products • Industrial Automation and Equipment • Customized Research • Syndicated Research • Investment Research • Social Media Research • Chemicals & Materials • Food and Beverages • Services and Utilities • Energy, Mining, Oil, and Gas For detailed subscription information please contact Website: www.factmr.com For sales queries or new topics email us on: sales@factmr.com Subscription Information Copyright © Fact.MR All Rights Reserved

  3. ResearchMethodology Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 Market profiling 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions Primary Research 4 SOLUTION Data collection • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research Data validation 6 C Data analysis Primary Research # • Secondary Research # • Paid Publications# Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights Systematic Research Approach Copyright © Fact.MR All Rights Reserved

  4. Report Scope & Segmentation The global aerospace industry reached a value of around US$ 350 Bn in 2019. Increased demand for air travel, change in social behaviour, and low interest rates are major factors pushing growth of the aerospace and defence industry, globally, which, in turn, increases the requirement of fiber optic gyroscopes. Demand for fiber optic gyroscopes from sectors such as automotive, transportation & logistics, and robotics is also increasing across the globe. Anticipated shifts in commodity & resource costs is a major economic factor in this market, which is expected to have a vital impact on market growth. Report Scope Digital Remittance Copyright © Fact.MR All Rights Reserved

  5. Key Takeaways • Fiber optic gyroscopes are typically used for aerospace- and defence-related applications; however, their usage in automotive is also increasing. • 3-Axis fiber optic gyroscopes account for 48% of sales, and are further expected to grow by 252 BPS over the forecast period. • The Asia Pacific region, including East Asia, South Asia, and Oceania, accounts for around 27% of global shipments. Asia Pacific is expected to offer around US$ 218 Mn absolute dollar opportunity over the next ten years. • The global market is moderately concentrated in nature. Around 45% of sales are held by tier-1 companies, including Honeywell International Inc. and Northrop Grumman LITEF GmbH. • By device, inertial navigation systems hold over 40% of overall market share. • Automotive and transportation & logistics accounts for over 14% of overall demand. • The FOG market in China and ASEAN is projected to expand at a CAGR of around 7% through 2031, while that in Japan and Australia at 6%. • Get To Know More About The Market Copyright © Fact.MR All Rights Reserved

  6. Competitive Landscape • EMCORE • KVH Industries • Honeywell International • Inc., Nedaero Components • Northrop Grumman Litef GmbH • Optolink LLC Request For Sample Report Copyright © Fact.MR All Rights Reserved

  7. “Setting goals is the first step in turning the invisible into the visible” Website: www.factmr.com For sales queries or new topics email us on: sales@factmr.com For other queries contact:Suite 9884, 27 Upper Pembroke Street,Dublin 2, Ireland Tel: +353-1-6111-593 Copyright © Fact.MR All Rights Reserved

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