The Europe Fiberoptic gyroscope market is expected to reach USD 476.39 million by 2025, from USD 381.06 million in 2017 growing at a CAGR of 3.1% in the forecast period 2018 to 2025.
The major factors contributing to the growth of the market includes factors such as the effective integration due to compact designing and miniaturization, growing demand for remotely operated vehicle and increased acceptance of fiber optic gyroscopes in industrial areas. On the other hand, availability of alternatives may hinder the growth of the market. The fiberoptic gyroscope market in the Germany region is leading in Europe.
The key market players for Europe fiberoptic gyroscope Market are listed below;
EMCORE Corporation
KVH Industries, Inc.
Honeywell International Inc.
NEDAERO
Safran Colibrys SA
iXblue
Al Cielo Inertial Solutions Ltd.
Northrop Grumman LITEF GmbH
Fizoptika Corporation
OPTOLINK LLC
The market is further segmented into;
Sensing Axis
Device
Application
Country
The Europe fiberoptic gyroscope market is segmented on the basis of sensing axis, devices, application and geography. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.
The Europe fiber optic gyroscope market is segmented based on sensing axis into three notable segments; 1- axis, 2- axis and 3- axis.
The Europe fiber optic gyroscope market is segmented based on device into four notable segments system; inertial navigation system, inertial measurement units, gyrocompass and attitude heading reference system.
The Europe fiber optic gyroscope market is segmented based on application into six notable segments system; defense and homeland security, aeronautics and aviation, tactical grade application, remotely operated vehicle guidance, industrial and robotics. Tactical grade application is further sub segmented into three types unmanned ground vehicle, unmanned underwater vehicle and unmanned aerial vehicle.
Based on geography, the Europe fiberoptic gyroscope Materials market is segmented into geographical regions, such as,
Germany
United Kingdom
France
Spain
Italy
Russia
Turkey
Belgium
Nether lands
Switzerland
Rest of Europe
Covered in this report
The report covers the present scenario and the growth prospects of the Europe fiberoptic gyroscope market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
You can request one free hour of our analyst?s time when you purchase this market report. Details are provided within the report.
