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Fiber Optics Gyroscope Market by Sensing Axis (1, 2, and 3), Device (Gyrocompass, Inertial Measurement Unit, Inertial Navigation System, and Attitude Heading Reference System), Application, and Geography - Global Forecast to 2022

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Date: 08-Feb-2017
No. of pages: 141
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“Fiber optics gyroscope market to grow at a CAGR of 3.61% between 2016 and 2022”

The fiber optics gyroscope market is expected to reach USD 1,037.0 million by 2022, at a CAGR of 3.61% between 2016 and 2022. The major reason for the growth of the fiber optics gyroscope is the increasing defense expenditure globally owing to the growing demand for equipment optimized with several intelligent sensors for navigation, satellite antenna positioning, and other applications. Highly complex and time-consuming manufacturing process is a major restraining factor for the growth of the fiber optics gyroscope market.

“Defense and homeland security application is a driving factor for the fiber optics gyroscope market and held the largest market share in 2015”

The defense sector uses different equipment that is optimized with several intelligent sensors for navigation, satellite antenna positioning, and other applications. Some of the major applications in this sector provided by fiber optics gyroscopes are missiles flight control, dynamic global positioning system (GPS) tracking, dynamic platform stabilization, environmental observation, ground detection, and guided ammunition, security, and earth observation applications among others. These factors are expected to propel the growth of the fiber optics gyroscope market for the defense and homeland security application.

“Asia-Pacific expected to be the fastest-growing market”

This report covers the fiber optics gyroscope market in North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). The fiber optics gyroscope market in APAC is expected to grow at the highest CAGR between 2016 and 2022. North America is the largest region for the fiber optics gyroscope market. The growing industrial and home automation and the huge defense expenditure by the U.S. government are some of the important factors that have contributed to the growth of the fiber optics gyroscope market in this region.

Breakdown of profile of primary participants:


  • By Company Type: Tier 1 – 35%, Tier 2 –25%, and Tier 3 –40%

  • By Designation: C-Level Executives– 25%, Directors – 35%, and Others –40%

  • By Region: North America –25%, Europe –35%,APAC – 35%, and RoW – 5%


The key players in the fiber optics gyroscope market profiled in this report are EMCORE Corporation (U.S.), Honeywell International, Inc. (U.S.), Colibrys Ltd. (Switzerland), KVH Industries, Inc. (U.S.), Northrop Grumman LITEF GmbH (Germany), Nedaero Components (Netherlands), iXBlue SAS (France), Fizoptika Corp. (Russia), Optolink LLC (Russia), and Al Cielo Inertial Solutions Ltd. (Israel).

Research Coverage:

The report provides a clear analysis of fiber optics gyroscope and its requirement across different applications, devices, and regions. This report aims at estimating the market size and future growth potential of this market across different segments such as sensing axes, devices, applications, and regions. Furthermore, the report also includes an in-depth competitive analysis of the key players in this market along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Reasons to Buy the Report:


  • This report includes the market statistics pertaining to sensing axis, device, application, and geography, along with their respective market size.

  • The Porter’s five forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the fiber optics gyroscope market.

  • Major drivers, restraints, challenges, and opportunities for the growth of the fiber optics gyroscope market have been detailed in this report.

  • Illustrative segmentation, analysis, and forecast based on sensing axis, device, application, and geography have been conducted to provide an overall view of the fiber optics gyroscope market.

  • This report includes a detailed competitive landscape such as key players, in-depth analysis, and revenue of key players.

Fiber Optics Gyroscope Market by Sensing Axis (1, 2, and 3), Device (Gyrocompass, Inertial Measurement Unit, Inertial Navigation System, and Attitude Heading Reference System), Application, and Geography - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Share Estimation
2.4 Market Breakdown and Data Triangulation
2.5 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Fiber Optic Gyroscope Market, 2016–2022 (USD Million)
4.2 Fiber Optic Gyroscope Market, By Device
4.3 Fiber Optic Gyroscope Market, By Application
4.4 Fiber Optic Gyroscope: Market Share of 3 Major Applications Across Regions in 2015
4.5 Fiber Optic Gyroscope Market: Defense & Homeland Security and Aeronautics & Aviation Applications (2015)
4.6 Fiber Optic Market, By Geography

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Sensing Axis
5.2.2 By Device
5.2.3 By Application
5.2.4 By Geography
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Growing Adoption of Automation in Industries and Homes
5.3.1.2 Increasing Defense Expenditure Globally
5.3.2 Restraints
5.3.2.1 Growing Demand for Advanced Microelectromechanical Systems Gyroscopes
5.3.2.2 Highly Complex and Time-Consuming Manufacturing Process
5.3.3 Opportunities
5.3.3.1 Growing Demand of Remotely Operated Vehicles
5.3.3.2 Use of Fiber Optic Gyroscope for Measurement While Drilling (MWD) Processes in the Oil Industry
5.3.4 Challenges
5.3.4.1 High Investment and Low Cost-Benefit Ratio

6 Industry Analysis
6.1 Introduction
6.2 Value Chain Analysis
6.3 Industry Trends
6.4 Porter’s Five Forces Model
6.4.1 Intensity of Competitive Rivalry
6.4.2 Threat of Substitutes
6.4.3 Bargaining Power of Buyers
6.4.4 Bargaining Power of Suppliers
6.4.5 Threat of New Entrants

7 Fiber Optic Gyroscope Market, By Sensing Axis
7.1 Introduction
7.2 1-Axis
7.3 2-Axis
7.4 3-Axis

8 Fiber Optic Gyroscope Market, By Device
8.1 Introduction
8.2 Gyrocompass
8.3 Inertial Measurement Unit
8.4 Inertial Navigation System
8.5 Attitude Heading Reference System

9 Fiber Optic Gyroscope Market, By Application
9.1 Introduction
9.2 Tactical Grade Applications
9.3 Remotely Operated Vehicle Guidance
9.3.1 Unmanned Underwater Vehicle
9.3.2 Unmanned Aerial Vehicle
9.3.3 Unmanned Ground Vehicle
9.4 Aeronautics and Aviation
9.5 Robotics
9.6 Defense and Homeland Security
9.7 Industrial

10 Geographical Analysis
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 U.K.
10.3.2 Germany
10.3.3 France
10.3.4 Rest of Europe
10.4 Asia-Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 South Korea
10.4.5 Rest of APAC
10.5 Rest of the World
10.5.1 Middle East and Africa
10.5.2 South America

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking Analysis: Fiber Optic Gyroscope Market
11.3 Competitive Scenario
11.3.1 New Product Launches
11.3.2 Contracts
11.3.3 Expansions

12 Company Profiles
12.1 Introduction
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*
12.2 Emcore Corporation
12.3 Honeywell International, Inc.
12.4 Colibrys Ltd.
12.5 KVH Industries, Inc.
12.6 Northrop Grumman Litef GmbH
12.7 Nedaero Components
12.8 Ixblue SAS
12.9 Fizoptika Corp.
12.10 Optolink LLC
12.11 AL Cielo Inertial Solutions Ltd.

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables

Table 1 Key Industry Trends in the Fiber Optic Gyroscope Market
Table 2 Porter’s Five Forces Analysis: Threat of Substitutes is Expected to Have the Lowest Impact on the Overall Fog Market
Table 3 Fiber Optic Gyroscope Market, By Sensing Axis, 2014–2022 (USD Million)
Table 4 1-Axis Fiber Optic Gyroscope Market, By Application, 2014–2022 (USD Million)
Table 5 2-Axis Fiber Optic Gyroscope Market, By Application, 2014–2022 (USD Million)
Table 6 3-Axis Fiber Optic Gyroscope Market, By Application, 2014–2022 (USD Million)
Table 7 Fiber Optic Gyroscope Market Size, By Device, 2014–2022 (USD Million)
Table 8 Fiber Optic Gyroscope Market, By Application, 2014–2022 (USD Million)
Table 9 Fiber Optic Gyroscope Market for Tactical Grade Applications, By Region, 2014–2022 (USD Million)
Table 10 Fiber Optic Gyroscope Market for Tactical Grade Applications in North America, By Country, 2014–2022 (USD Million)
Table 11 Fiber Optic Gyroscope Market for Tactical Grade Applications in Europe, By Country, 2014–2022 (USD Thousand)
Table 12 Fiber Optic Gyroscope Market for Tactical Grade Applications in APAC, By Country, 2014–2022 (USD Thousand)
Table 13 Fiber Optic Gyroscope Market for Tactical Grade Applications in RoW, By Region, 2014–2022 (USD Thousand)
Table 14 Fiber Optic Gyroscope Market Size for Remotely Operated Vehicle Guidance Application, By Region, 2014–2022 (USD Million)
Table 15 Fiber Optic Gyroscope Market for Remotely Operated Vehicle Guidance Application in North America, By Country, 2014–2022 (USD Million)
Table 16 Fiber Optic Gyroscope Market for Remotely Operated Vehicle Guidance Application in Europe, By Country, 2014–2022 (USD Thousand)
Table 17 Fiber Optic Gyroscope Market for Remotely Operated Vehicle Guidance Application in APAC, By Country, 2014–2022 (USD Thousand)
Table 18 Fiber Optic Gyroscope Market for Remotely Operated Vehicle Guidance Application in RoW, By Region, 2014–2022 (USD Thousand)
Table 19 Fiber Optic Gyroscope Market for Remotely Operated Vehicle Guidance, By Type, 2014–2022 (USD Million)
Table 20 Fiber Optic Gyroscope Market for Aeronautics and Aviation Application, By Region, 2014–2022 (USD Million)
Table 21 Fiber Optic Gyroscope Market for Aeronautics and Aviation Application in North America, By Country, 2014–2022 (USD Million)
Table 22 Fiber Optic Gyroscope Market for Aeronautics and Aviation Application in Europe, By Country, 2014–2022 (USD Million)
Table 23 Fiber Optic Gyroscope Market for Aeronautics and Aviation Application in APAC, By Country, 2014–2022 (USD Million)
Table 24 Fiber Optic Gyroscope Market for Aeronautics and Aviation Application in RoW, By Region, 2014–2022 (USD Million)
Table 25 Fiber Optic Gyroscope Market for Robotics Application, By Region, 2014–2022 (USD Million)
Table 26 Fiber Optic Gyroscope Market for Robotics Application in North America, By Country, 2014–2022 (USD Thousand)
Table 27 Fiber Optic Gyroscope Market for Robotics Application in Europe, By Country, 2014–2022 (USD Thousand)
Table 28 Fiber Optic Gyroscope Market for Robotics Application in APAC, By Country, 2014–2022 (USD Thousand)
Table 29 Fiber Optic Gyroscope Market for Robotics Application in RoW, By Region, 2014–2022 (USD Thousand)
Table 30 Fiber Optic Gyroscope Market for Defense and Homeland Security Application, By Region, 2014–2022 (USD Million)
Table 31 Fiber Optic Gyroscope Market for Defense and Homeland Security Application in North America, By Country, 2014–2022 (USD Million)
Table 32 Fiber Optic Gyroscope Market for Defense and Homeland Security Application in Europe, By Country, 2014–2022 (USD Million)
Table 33 Fiber Optic Gyroscope Market for Defense and Homeland Security Application in APAC, By Country, 2014–2022 (USD Million)
Table 34 Fiber Optic Gyroscope Market for Defense and Homeland Security Application in RoW, By Region, 2014–2022 (USD Million)
Table 35 Fiber Optic Gyroscope Market for Industrial Application, By Region, 2014–2022 (USD Million)
Table 36 Fiber Optic Gyroscope Market for Industrial Application in North America, By Country, 2014–2022 (USD Million)
Table 37 Fiber Optic Gyroscope Market for Industrial Application in Europe, By Country, 2014–2022 (USD Million)
Table 38 Fiber Optic Gyroscope Market for Industrial Application in APAC, By Country, 2014–2022 (USD Million)
Table 39 Fiber Optic Gyroscope Market for Industrial Application in RoW, By Region, 2014–2022 (USD Thousand)
Table 40 Fiber Optic Gyroscope Market Size, By Region, 2014–2022 (USD Million)
Table 41 Fiber Optic Gyroscope Market in North America, By Application, 2014–2022 (USD Million)
Table 42 Fiber Optic Gyroscope Market in North America, By Country, 2014–2022 (USD Million)
Table 43 Fiber Optic Gyroscope Market in U.S., By Application, 2014–2022 (USD Million)
Table 44 Fiber Optic Gyroscope Market in Canada, By Application, 2014–2022 (USD Million)
Table 45 Fiber Optic Gyroscope Market in Mexico, By Application, 2014–2022 (USD Million)
Table 46 Fiber Optic Gyroscope Market in Europe, By Application, 2014–2022 (USD Million)
Table 47 Fiber Optic Gyroscope Market in Europe, By Country, 2014–2022 (USD Million)
Table 48 Fiber Optic Gyroscope Market in U.K., By Application, 2014–2022 (USD Million)
Table 49 Fiber Optic Gyroscope Market in Germany, By Application, 2014–2022 (USD Million)
Table 50 Fiber Optic Gyroscope Market in France, By Application, 2014–2022 (USD Million)
Table 51 Fiber Optic Gyroscope Market in Rest of Europe, By Application, 2014–2022 (USD Thousand)
Table 52 Fiber Optic Gyroscope Market in APAC, By Application, 2014–2022 (USD Million)
Table 53 Fiber Optic Gyroscope Market in APAC, By Country, 2014–2022 (USD Million)
Table 54 Fiber Optic Gyroscope Market in China, By Application, 2014–2022 (USD Million)
Table 55 Fiber Optic Gyroscope Market in Japan, By Application, 2014–2022 (USD Million)
Table 56 Fiber Optic Gyroscope Market in India, By Application, 2014–2022 (USD Thousand)
Table 57 Fiber Optic Gyroscope Market in South Korea, By Application, 2014–2022 (USD Million)
Table 58 Fiber Optic Gyroscope Market in Rest of APAC, By Application, 2014–2022 (USD Thousand)
Table 59 Fiber Optic Gyroscope Market in RoW, By Application, 2014–2022 (USD Million)
Table 60 Fiber Optic Gyroscope Market in RoW, By Region, 2014–2022 (USD Million)
Table 61 Fiber Optic Gyroscope Market in Middle East and Africa, By Application, 2014–2022 (USD Thousand)
Table 62 Fiber Optic Gyroscope Market in South America, By Application, 2014–2022 (USD Thousand)
Table 63 Market Ranking of the Top 5 Players in the Fiber Optic Gyroscopes Market in 2015
Table 64 New Product Launches, 2013–2016
Table 65 Contracts, 2016
Table 66 Expansions, 2014

List of Figures

Figure 1 Fiber Optic Gyroscope Market Segmentation
Figure 2 Fiber Optic Gyroscope Market: Research Design
Figure 3 Process Flow
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Assumptions of the Research Study
Figure 8 Fiber Optic Gyroscope Market, 2014–2022 (USD Million)
Figure 9 Fiber Optic Gyroscope Market Share, By Sensing Axis (2015 vs 2022)
Figure 10 Inertial Navigation Systems to Hold the Largest Size of the Fog Market By 2022
Figure 11 Remotely Operated Vehicle Guidance Expected to Witness the Highest Growth Rate Between 2016 and 2022
Figure 12 North America Held the Largest Share of the Fog Market in 2015
Figure 13 Attractive Opportunities for the Fiber Optic Gyroscope Market
Figure 14 Fiber Optic Gyroscope Market for Inertial Navigation System to Grow at the Highest CAGR Between 2016 and 2022
Figure 15 Defense & Homeland Security Application Expected to Dominate the Fiber Optic Gyroscope Market Till 2022
Figure 16 Defense & Homeland Security Application Held the Largest Share of the Fiber Optic Gyroscope Market in North America in 2015
Figure 17 Defense & Homeland Security and Aeronautics & Aviation to Grow at the Highest CAGR in APAC During the Forecast Period
Figure 18 China is Expected to Emerge as the Fastest-Growing Market for Fiber Optic Gyroscope Between 2016 and 2022
Figure 19 Fiber Optic Gyroscope Market Segmentation, By Geography
Figure 20 Growing Demand of Fiber Optic Gyroscopes for Navigation and Guidance Applications Would Drive the Growth of the Fog Market
Figure 21 Defense Expenditure By Top 10 Countries in 2015
Figure 22 Value Chain Analysis (2016): Maximum Value Added Between the Original Equipment Manufacturing and System Integration Phases
Figure 23 Porter’s Five Forces Analysis, 2016
Figure 24 Fiber Optic Gyroscope (Fog) Market: Porter’s Five Forces Analysis
Figure 25 Fog Market: Intensity of Competitive Rivalry
Figure 26 Fog Market: Threat of Substitutes
Figure 27 Fog Market: Bargaining Power of Buyers
Figure 28 Fog Market: Bargaining Power of Suppliers
Figure 29 Fog Market: Threat of New Entrants
Figure 30 3-Axis Fiber Optic Gyroscope Market Expected to Grow at the Highest Rate Between 2016 and 2022
Figure 31 Defense and Homeland Security Application Segment Expected to Hold the Largest Share of the Fog Market By 2022
Figure 32 Fiber Optic Gyroscope Market for Inertial Navigation System Expected to Grow at the Highest Rate Between 2016 and 2022
Figure 33 Fog Market for Remotely Operated Vehicle Guidance Application Expected to Grow at the Highest Rate Between 2016 and 2022
Figure 34 Fiber Optic Gyroscope Market for Remotely Operated Vehicle Guidance Application in APAC Expected to Grow at the Highest Rate Between 2016 and 2022
Figure 35 APAC Expected to Grow at the Highest CAGR for Aeronautics and Aviation Application Between 2016 and 2022
Figure 36 North America Held the Largest Size of the Fog Market for the Robotics Application in 2015
Figure 37 APAC Expected to Grow at the Highest Rate for the Defense and Homeland Security Application Between 2016 and 2022
Figure 38 Geographic Snapshot: Asia-Pacific to Witness the Highest Growth Rate for the Fog Market Between 2016 and 2022
Figure 39 Fiber Optic Gyroscope Market in China Estimated to Grow at the Highest Rate Between 2016 and 2022
Figure 40 Snapshot of Fiber Optic Gyroscope Market in North America
Figure 41 Snapshot of Fiber Optic Gyroscope Market in Europe
Figure 42 Snapshot of Fiber Optic Gyroscope Market in Asia-Pacific
Figure 43 Companies Adopted New Product Launches as the Key Growth Strategy Between 2013 and 2016
Figure 44 Market Evaluation Framework: New Product Launches Fueled the Growth of the Fog Market Between 2014 and 2016
Figure 45 Battle for Market Share: New Product Launches Was the Key Strategy Adopted By Key Players in the Fog Market
Figure 46 Geographic Revenue Mix of Leading Players
Figure 47 Emcore Corporation: Company Snapshot
Figure 48 Emcore Corporation: SWOT Analysis
Figure 49 Honeywell International, Inc.: Company Snapshot
Figure 50 Honeywell International, Inc.: SWOT Analysis
Figure 51 Colibrys Ltd.: Company Snapshot
Figure 52 Colibrys Ltd.: SWOT Analysis
Figure 53 KVH Industries, Inc.: Company Snapshot
Figure 54 KVH Industries, Inc.: SWOT Analysis
Figure 55 Northrop Grumman Litef GmbH: Company Snapshot
Figure 56 Northrop Grumman Litef GmbH: SWOT Analysis

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